tomo logo

$495,000

Beds
4
Baths
3.0
sq ft
1,456

4800 Madison Street, Riverdale, MD 20737

4800 Madison Street

RIVERDALE, MD 20737

  • 5 days on market
    • Price drop $80,000↓
    • Open house Jul 07
Move into this newly updated 4-bedroom, 3-bathroom home and seize a great opportunity in the sought-after Riverdale Park community. Enjoy family gatherings in the large, renovated kitchen, bathrooms, and floors (THE WOW FACTOR). This home boasts a large, separate addition (approximately 450 square feet) with a living room, kitchenette, and bathroom. This space can be rented out or used as an in-law suite.

Details

Property type

Single Family Residence

Est. home value

$445,008

Lot size

6,661 sq ft

Price per sq ft

$340

Year built

1950

Annual property taxes

$5,046

HOA

No

Price History

06/28/2024

Bright #MDPG2117910

Price change
$495,000
-13.91%
06/28/2024

Bright #MDPG2117910

Listed
$575,000
+25%
09/14/2023

Bright #MDPG2086074

Sold
$460,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

PRINCE GEORGE'S 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

$21,824
Asking price
$495,000
Closing costs (~8% of asking)
-$39,600
Est. remaining loan balance
-$433,576
Cash to seller
$21,824

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

September 2023

Original loan amount

$437,000

Est. remaining balance

$433,576

Interest rate

6.81%

Loan type

New Conventional, 30 year

Seller

Ivonne A Abeck and Wilson E Tebid

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: 07/03/2024 at 3:35 PM

Listing updated: 07/02/2024 at 9:44 PM

Listed by: Bobby Awosika, BEMAX HOMES Phone #: (301) 533-8692

MLS: Bright #MDPG2117910

Bright logo

Recently listed in RIVERDALE