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$500,000

Beds
4
Baths
3.0
sq ft
3,542

4975 Strauss Ave, Indian Head, MD 20640

4975 Strauss Ave

INDIAN HEAD, MD 20640

  • 66 days on market
    • Price drop $30,000↓
Conveniently located, large Cape Cod on 3.71 acres with mature trees and backing wooded privacy. Home features 4 bedrooms, 3 full bathrooms and an open floor plan that is perfectly made for entertaining friends and family! Master bedroom on the 1st floor offers and large master bath with step-up jacuzzi and walk-in shower. Large living room is ideal for entertaining. The open, sun-filled kitchen offers lots of counter space and custom cabinets. A large kitchen island adds additional seating for large gatherings. The upper level features 2 huge bedrooms that can be used as bedrooms or office/den area, play space, craft rooms, you name it! Watch the evening sunsets on the front porch PLUS a covered side porch gives you shade and access to the large wrap around deck for fun and sun. Also included is a detached garage and tool shed. No HOA!! Quick access to Rte 210 (Indian Head Hwy), area schools, Indian Head Naval Base, and the College of Southern Maryland's Velocity Center.

Details

Property type

Single Family Residence

Est. home value

$598,716

Lot size

3.71 acres

Price per sq ft

$142

Year built

1930

Annual property taxes

$6,665

HOA

No

Price History

07/22/2024
Bright

Bright #MDCH2034344

Price change
$500,000
-5.66%
07/12/2024
Bright

Bright #MDCH2034344

Listed
$530,000
+8.16%
04/24/2024
BrightMLS

BrightMLS #MDCH2029354

Removed
$490,000

Schools & Community

Elementary school: 

GALE-BAILEY

Middle school: 

GENERAL SMALLWOOD

High school: 

HENRY E. LACKEY

School district: 

CHARLES 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

$88,943
Asking price
$500,000
Closing costs (~8% of asking)
-$40,000
Est. remaining loan balance
-$371,057
Cash to seller
$88,943

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

July 2020

Original loan amount

$406,630

Est. remaining balance

$371,057

Interest rate

3.28%

Loan type

VA, 30 year

Seller

Dennis Leroy Collins Jr and Dorean Annette Collins

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: 09/16/2024 at 4:10 PM

Listing updated: 09/03/2024 at 2:04 AM

Listed by: Robert G Gauger, EXP Realty, LLC Phone #: (833) 335-7433

MLS: Bright #MDCH2034344

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