tomo logo

$499,900

Beds
2
Baths
2.0
sq ft
1,061

40 Oak Ct, Annapolis, MD 21401

40 Oak Ct

ANNAPOLIS, MD 21401

  • 173 days on market
    • Price drop $19,100↓
RARE COMMERCIAL/RESIDENTIAL FORECLOSURE IN ANNAPOLIS!! Structure is ready for your build-out. Location was prior used a dress shop. Home comes with hardwood floors, 2 Full bathrooms, rear deck, rear shed, separate entrances and 12 car off-street parking! Home is being sold AS-IS, Seller will make no repairs. All offers must have $1000 deposit and proof of deposit. Buyer responsible for all due diligence on condition of home. So much potential! Make this your today!!

Details

Property type

Single Family Residence

Est. home value

$373,921

Lot size

0.27 acres

Price per sq ft

$472

Year built

1955

Annual property taxes

$2,564

HOA

No

Price History

06/24/2024

Bright #MDAA2075770

Listed
$499,900
06/19/2024

Bright #MDAA2075770

Pending
$499,900
05/08/2024

Bright #MDAA2075770

Listed
$499,900
-13.06%

Schools & Community

Elementary school: 

CALL SCHOOL BOARD

Middle school: 

CALL SCHOOL BOARD

High school: 

CALL SCHOOL BOARD

School district: 

ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Seller’s Loan History

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

Lender

Severn Savings Bank Fsb

Loan start date

August 2006

Original loan amount

$1,114,750

Est. remaining balance

Not provided

Interest rate

6.71%

Loan type

Commercial

Seller

Thongchai Thamasangvarn and Samlee Thamasangvarn

Lender

Farmers National Bank Of Md

Loan start date

June 1994

Original loan amount

$78,000

Est. remaining balance

Not provided

Interest rate

8.49%

Loan type

Commercial

Seller

Thongchai Thamasangvarn

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: 06/29/2024 at 8:45 AM

Listing updated: 06/24/2024 at 12:54 PM

Listed by: Gregory M Golding, ExecuHome Realty Phone #: (443) 632-3000

MLS: Bright #MDAA2075770

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