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$325,000

Beds
2
Baths
1.0
sq ft
1,164

504 Grovethorn Rd, Middle River, MD 21220

504 Grovethorn Rd

MIDDLE RIVER, MD 21220

  • 29 days on market
Welcome to your dream home! Perfectly nestled on the serene Middle River! This elegantly remodeled 2- bedroom, one bathroom bungalow offers breathtaking water views making every day feel like a vacation. Step inside to find a cozy living room, perfect for unwinding after a long day, and an inviting dining room ideal for family meals and entertaining guests. This home has been a profitable Airbnb with great rental history as well. It is ready to become your dream home or your next great investment! Gorgeous tray ceilings throughout the living area add a touch of elegance. The spacious master bedroom offers a large closet and plenty of light. The kitchen features stainless steel appliances, granite countertops and ample cabinet and counter space. If you are moving in for the first time or your going to use this property as an Airbnb, you may not have all those kitchen necessities... Well, no worries, the seller is willing to include most of what you'll see in the kitchen as well as some of the furniture! Just let us know what you would like to include. (Living room furniture does not convey). Outdoor spaces include a beautifully landscaped yard, a large front porch for morning coffees, and a newly constructed back deck perfect for relaxation and entertaining. Experience unparalleled natural light and breathtaking views with the stunning floor-to-ceiling wall of windows in this home. This impressive architectural feature creates a seamless indoor-outdoor living experience, perfect for enjoying picturesque surroundings and flooding the interior with an abundance of sunlight. The roof, deck, siding, windows, HVAC, water heater, electrical and plumbing systems were all replaced and the entire home was renovated and updated to FEMA standards in 2022 to ensure a worry-free living experience. Don't miss out on this opportunity to own a piece of paradise on Middle River. Schedule your private showing today!

Details

Property type

Single Family Residence

Est. home value

$256,472

Lot size

0.26 acres

Price per sq ft

$280

Year built

1926

Annual property taxes

$2,403

HOA

No

Price History

06/07/2024

Bright #MDBC2098960

Listed
$325,000
+195.45%
08/13/2020

Bright #MDBC493626

Sold
$110,000
+16.4%
07/23/2018

Bright #1000437408

Sold
$94,500

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

BALTIMORE 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

$70,125
Asking price
$325,000
Closing costs (~8% of asking)
-$26,000
Est. remaining loan balance
-$228,875
Cash to seller
$70,125

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

Seller’s Loan History

Lender

First Washington Mortgage Llc

Loan start date

September 2021

Original loan amount

$243,750

Est. remaining balance

$228,875

Interest rate

2.78%

Loan type

New Conventional, 30 year

Seller

Jamie Cudmore

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: 07/06/2024 at 5:15 AM

Listing updated: 07/02/2024 at 8:33 PM

Listed by: Cathleen A Burley, Taylor Properties Phone #: (301) 970-2447

MLS: Bright #MDBC2098960

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