tomo logo

$475,000

Beds
2
Baths
2.5
sq ft
1,821

503 S Main St, Berlin, MD 21811

503 S Main St

BERLIN, MD 21811

  • Pending
Welcome to this beautifully maintained 2-bedroom, 2.5-bathroom home located in the desirable town of Berlin, Maryland. Fully renovated in 2008, a perfect blend of comfort and convenience, this home offers plenty of natural light, spacious living areas, and a thoughtful layout for modern living. Step inside to discover a large kitchen with an abundance of cabinet space, ideal for meal preparation and entertaining. The adjacent formal dining room provides a perfect space for family gatherings and special occasions. Relax in the cozy living room featuring a charming fireplace or enjoy additional living space in the second sitting area off the kitchen. An additional room currently used as a home office, but versatile enough to suit your needs. The two spacious bedrooms are both equipped with their own bathrooms, offering convenience. A large utility room, complete with a sink and cabinetry for added storage, also a half bath adds to the home’s appeal. The attached one-car garage is a standout feature, offering ample shelving and additional storage space. Also a spacious attic with ample storage, or potentially adding extra living space. Outside to the large backyard, where you'll find a charming brick patio—perfect for outdoor dining, entertaining, or simply relaxing in the serene environment. Equipped with a reliable house generator, ensuring uninterrupted power supply during outages and providing peace of mind. This home offers everything you need, from its spacious layout to its prime location in Berlin, MD, with easy access to shops, dining, and local attractions. Don’t miss the opportunity to make this your next home—schedule your tour today!

Details

Property type

Single Family Residence

Est. home value

$455,083

Lot size

0.35 acres

Price per sq ft

$261

Year built

1940

Annual property taxes

$5,114

HOA

No

Price History

01/03/2025
Bright

Bright #MDWO2027610

Pending
$475,000
12/31/2024
Bright

Bright #MDWO2027610

Listed
$475,000
+10.47%
11/09/2022
Bright

Bright #MDWO2010540

Sold
$430,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

WORCESTER 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

$122,588
Asking price
$475,000
Closing costs (~8% of asking)
-$38,000
Est. remaining loan balance
-$314,412
Cash to seller
$122,588

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

Seller’s Loan History

Lender

Pentagon Fcu

Loan start date

November 2022

Original loan amount

$322,500

Est. remaining balance

$314,412

Interest rate

6.29%

Loan type

New Conventional, 30 year

Seller

Dennis Michael Ryan Jr

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: Pending/Under Contract

Tomo last checked: 01/04/2025 at 12:30 AM

Listing updated: 01/02/2025 at 8:09 PM

Listed by: Pamela Price, RE/MAX Advantage Realty Phone #: (302) 846-0200

MLS: Bright #MDWO2027610

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