tomo logo

$369,000

Beds
2
Baths
2.0
sq ft
1,396

420 Hamlet Club Dr Unit 201, Edgewater, MD 21037

420 Hamlet Club Dr Unit 201

EDGEWATER, MD 21037

  • 88 days on market
    • Price drop $6,999↓
Welcome to an opportunity to own a stunning condo in the highly sought-after Hamlets at South River Colony! This light-filled, 2nd-level gem boasts two spacious bedrooms and two full baths, offering a blend of elegance and functionality. Step into a bright, open floorplan featuring a cozy living room with a fireplace, perfect for relaxing evenings. The kitchen is a chef's delight with ample cabinet space, and an eat-in area. The primary bedroom is a true retreat, complete with a walk-in closet and a luxurious full bath. The second bedroom offers privacy and convenience with its own full bath and an additional storage closet. Entertain guests or unwind on your private balcony. This condo also includes a one-car garage, additional storage space on the main level, and is located near the building's elevator for easy access. Located in a vibrant 55+ community, you'll have access to a wealth of amenities including community pools, tennis courts, pickleball courts, walking trails, a tot lot, and membership opportunities to a private golf course and clubhouse. Enjoy the convenience of nearby shopping, restaurants, public library, post office and senior center, all within walking distance. With excellent proximity to major commuting routes, BWI airport, and just minutes from downtown Annapolis, this property offers a perfect blend of comfort and convenience. Don’t miss this exceptional opportunity to experience a luxurious lifestyle in the Hamlets at South River Colony!

Details

Property type

Condominium

Est. home value

$330,453

Lot size

Unknown

Price per sq ft

$265

Year built

2002

Annual property taxes

$3,105

Monthly HOA fee

$164

Price History

10/08/2024
Bright

Bright #MDAA2091518

Price change
$369,000
-1.86%
09/08/2024
Bright

Bright #MDAA2091518

Price change
$375,999
-2.34%
08/24/2024
Bright

Bright #MDAA2091518

Listed
$385,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Street Lights

School district: 

ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Senior community center: 

Yes

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

$61,952
Asking price
$369,000
Closing costs (~8% of asking)
-$29,520
Est. remaining loan balance
-$277,528
Cash to seller
$61,952

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

Seller’s Loan History

Lender

Townebank Mortgage

Loan start date

February 2022

Original loan amount

$294,025

Est. remaining balance

$277,528

Interest rate

3.11%

Loan type

New Conventional, 30 year

Seller

Lisa Jean Smith

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: 11/03/2024 at 7:40 AM

Listing updated: 10/08/2024 at 12:56 PM

Listed by: Christie Burnett, RE/MAX One Phone #: (443) 295-6123

MLS: Bright #MDAA2091518

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