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$425,000

Beds
4
Baths
3.0
sq ft
2,264

4514 Salem Bottom Rd, Westminster, MD 21157

4514 Salem Bottom Rd

WESTMINSTER, MD 21157

  • 13 days on market
OPPORTUNITY KNOCKS-2 UNITS!! Whether you are an investor, or are looking to purchase a home where you can live in one unit and rent out the other...this is the home you have been waiting for! This very well-maintained, 2-unit home, can be so many things! The left side unit features a large driveway with a 2-space carport. Head inside to the beautiful kitchen featuring granite counters, a built-in microwave, soft close drawers, 42-inch cabinets, and a pantry. The living room is carpeted and the ceiling is adorned with crown molding. Down the hall, find a full bath with heated tile floors, a tub/shower combo, and a granite countertop on the vanity. 2 bedrooms round out the first floor, and both are very spacious. The finished basement boasts a family room with luxury vinyl planking, and a wet bar as the centerpiece of the space. The full bath in the basement is also completely updated. The second unit is the same layout as the first... with 2 bedrooms, a full bath, and a kitchen on the main level. The basement in this unit features a bonus room, but is unfinished. Sitting on almost a full acre, the bucolic backyard is large, flat, and more room than you will ever need! The 28-foot-long storage shed is incredibly handy to have for extra space! The house does share one well, but it is separately metered for electric. A brand new septic system was just installed this June! One tenant is on a month-to-month lease and the second tenant's lease is up in August 31. BOTH renters have said they are willing to continue to rent! Certified lead free!

Details

Property type

Single Family Residence

Est. home value

$415,876

Lot size

0.95 acres

Price per sq ft

$188

Year built

1962

Annual property taxes

$3,432

HOA

No

Price History

06/28/2024

Bright #MDCR2021042

Listed
$425,000
+63.46%
04/17/2015

Bright #1000410191

Sold
$260,000

Schools & Community

Elementary school: 

WINFIELD

Middle school: 

NEW WINDSOR

High school: 

SOUTH CARROLL

School district: 

CARROLL 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

$267,414
Asking price
$425,000
Closing costs (~8% of asking)
-$34,000
Est. remaining loan balance
-$123,586
Cash to seller
$267,414

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

Seller’s Loan History

Lender

Pnc Mortgage Llc

Loan start date

April 2015

Original loan amount

$195,000

Est. remaining balance

$123,586

Interest rate

3.8%

Loan type

New Conventional, 20 year

Seller

Dean Harmon and Kathleen Harmon

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: 07/01/2024 at 11:15 AM

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

Listed by: Christopher B Carroll, RE/MAX Advantage Realty Phone #: (410) 549-3500

MLS: Bright #MDCR2021042

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