tomo logo

$350,000

Beds
5
Baths
3.0
sq ft
2,497

4227 Belmar Ave, Baltimore, MD 21206

4227 Belmar Ave

BALTIMORE, MD 21206

  • 302 days on market
Introducing a beautiful home nestled in the Cedmont Neighborhood, offering comfort, style, and convenience. It's a true gem, boasting 5 bedrooms, 3 baths, a pellet stove, a fenced yard with a deck, and a detached garage. This home is conveniently located near parks, schools, and shopping centers, providing easy access to amenities. Discover a welcoming ambiance with spacious rooms and bathrooms on each level. Don't miss the opportunity to call this home yours. Schedule a viewing today! This is a bank-approved short-sale price. Upon closing, the buyer will pay a loss mitigation fee of $4,000.00 or 1.5%, whichever is greater. Allow at least 60 days for closing.

Details

Property type

Single Family Residence

Est. home value

$345,730

Lot size

7,497 sq ft

Price per sq ft

$141

Year built

1920

Annual property taxes

$7,410

HOA

No

Price History

05/22/2024
Bright

Bright #MDBA2092882

Listed
$350,000
+11.29%
07/18/2021
Bright

Bright #MDBA552198

Sold
$314,500

Schools & Community

Neighborhood: 

Cedmont

Elementary school: 

Unknown

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

$35,045
Asking price
$350,000
Closing costs (~8% of asking)
-$28,000
Est. remaining loan balance
-$286,955
Cash to seller
$35,045

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

Seller’s Loan History

Lender

Homespire Mortgage Corp

Loan start date

July 2021

Original loan amount

$308,803

Est. remaining balance

$286,955

Interest rate

2.95%

Loan type

FHA, 30 year

Seller

Jessica Henson

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: 11/05/2024 at 4:25 AM

Listing updated: 09/18/2024 at 4:46 AM

Listed by: Brenda Huelle, EXP Realty, LLC Phone #: (833) 335-7433

MLS: Bright #MDBA2092882

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