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$1,190,000

Beds
3
Baths
2.0
sq ft
1,806

42 Lafayette Ave, Annapolis, MD 21401

42 Lafayette Ave

ANNAPOLIS, MD 21401

  • 6 days on market
Welcome to your dream lifestyle in Downtown Annapolis! This stunning turn-key home perfectly blends historic charm and modern luxury. Located in the heart of one of America's most beloved waterfront towns, this residence offers an unparalleled opportunity to live amidst history and sophistication. Upon entering, you are greeted by an inviting foyer flooded with natural light that opens to a living room, ideal for entertaining guests or relaxing after a day exploring the nearby shops and restaurants. Upstairs, the master suite boasts a tranquil retreat with a spa-like bathroom in the hallway. Additional bedrooms provide comfort and versatility, perfect for family or guests. Outside, a meticulously landscaped yard offers a private oasis in the city's heart, perfect for summer gatherings or enjoying a quiet morning coffee. Parking is a breeze with a convenient private driveway! This home is more than just a residence; it's a lifestyle. Imagine strolling along cobblestone streets to catch a sailboat race on the Chesapeake Bay or dining al fresco at one of the renowned waterfront restaurants just steps from your door. Don't miss your chance to own this exceptional property in Downtown Annapolis. Schedule your private tour today and experience the best of urban living with historic charm and modern convenience. List of NEW Upgrades/Features (all done in 2024): 30-year Architectural roof Mahogany porch and railing Updated windows 5 zone smart HVAC Water heater Refrigerator Bathrooms Heated bathroom floors Lvp floors throughout Led recessed lighting Outlets and switches Fence The homeowner is willing to sell it fully furnished if you so choose.

Details

Property type

Single Family Residence

Est. home value

$681,845

Lot size

3,000 sq ft

Price per sq ft

$659

Year built

1896

Annual property taxes

$7,069

HOA

No

Price History

06/28/2024

Bright #MDAA2087672

Listed
$1,190,000
+98.33%
12/30/2022

Bright #MDAA2048232

Sold
$600,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

ANNE ARUNDEL COUNTY 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

$660,996
Asking price
$1,190,000
Closing costs (~8% of asking)
-$95,200
Est. remaining loan balance
-$433,804
Cash to seller
$660,996

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

Seller’s Loan History

Lender

Jgk An Irrevocable Trust

Loan start date

December 2022

Original loan amount

$450,000

Est. remaining balance

$433,804

Interest rate

7.08%

Loan type

New Conventional, 20 year

Seller

James Paulson and Caitlin Fazzio Paulson

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 8:40 AM

Listing updated: 06/28/2024 at 12:14 AM

Listed by: Tyler B Wing, RE/MAX Leading Edge Phone #: (410) 224-3200

MLS: Bright #MDAA2087672

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