tomo logo

$1,025,000

Beds
3
Baths
4.0
sq ft
5,385

4 S Central Ave, Baltimore, MD 21202

4 S Central Ave

BALTIMORE, MD 21202

  • 166 days on market
    • Price drop $25,000↓
ONE-OF-A-KIND OPPORTUNITY TO OWN AN ICONIC MASTERPIECE! Absolute MUST SEE. Previously utilized as a very successful short-term rental, what was once Baltimore City Library #11 has now been converted into a beautiful open floor plan loft with 3 BEDROOMS, 4 FULL BATHS, 2 KITCHENS, and a 4-story center atrium with floating metal stairs to a rooftop glass observatory tower offering 360-degree views of the city skyline! Designed by famed early Baltimore architects George Archer and Raymond Allen, this 7,300 SQFT building boasts a main basement room that is nearly 2,000 SQFT with no obstructing columns and an electric garage door with additional features including privately gated 4-car off-street parking enclosed with an all-side privacy brick wall, whole property security system, and outside entertaining spaces. CAN BE CONVEYED VACANT OR TENANT OCCUPIED. $11,000 / mo NNN

Details

Property type

Est. home value

$826,093

Lot size

5,880 sq ft

Price per sq ft

$191

Year built

1915

Annual property taxes

$19,470

HOA

No

Price History

01/19/2024

Bright #MDBA2111424

Listed
$1,025,000
+24.24%
02/27/2020

Bright #MDBA489628

Sold
$825,000

Schools & Community

Neighborhood: 

Jonestown

Elementary school: 

CITY SPRINGS ELEMENTARY-MIDDLE SCHOOL

Middle school: 

Unknown

High school: 

Unknown

School district: 

BALTIMORE CITY PUBLIC SCHOOLS

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

-$201,754
Asking price
$1,025,000
Closing costs (~8% of asking)
-$82,000
Est. remaining loan balance
-$1,144,754
Cash to seller
-$201,754

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Fm Home Loans Llc

Loan start date

May 2021

Original loan amount

$1,225,000

Est. remaining balance

$1,144,754

Interest rate

3.09%

Loan type

New Conventional, 30 year

Seller

4S Central Ave Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 07/03/2024 at 2:05 PM

Listing updated: 05/25/2024 at 10:20 PM

Listed by: Ronald W. Howard, RE/MAX Advantage Realty Phone #: (443) 573-9200

MLS: Bright #MDBA2111424

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