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$425,000

Beds
3
Baths
2.5
sq ft
1,692

507 E Clement St, Baltimore, MD 21230

507 E Clement St

BALTIMORE, MD 21230

  • 65 days on market
This beautifully updated 3-bedroom, 2.5-bath home offers over 1,600 square feet of finished living space and private parking. The rehabbed interior showcases hardwood floors, exposed brick, and crown molding with an open layout. The gourmet kitchen boasts beautiful white cabinets, granite countertops, stainless appliances, and a spacious dining area, with access to the parking pad and a stylish half bath on the main level. Upstairs, two primary suites each feature en-suite bathrooms with tiled showers, and a full laundry room is conveniently located in the hallway. The multi-level rooftop deck offers stunning harbor and skyline views, perfect for relaxing or entertaining. The finished lower level provides flexibility as an additional living space, office, or 3rd bedroom, plus extra storage. Located near Riverside Park, Federal Hill Park, and the Baltimore Promenade, this home is minutes from the Inner Harbor and Federal Hill’s vibrant amenities, with easy access to I-95, BWI, and Penn Station.

Details

Property type

Townhouse

Est. home value

$402,992

Lot size

Unknown

Price per sq ft

$252

Year built

1885

Annual property taxes

$8,343

HOA

No

Price History

09/28/2024
Bright

Bright #MDBA2140078

Listed
$425,000
+6.25%
05/25/2022
Bright

Bright #MDBA2041996

Sold
$400,000

Schools & Community

Neighborhood: 

Riverside

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

BALTIMORE CITY 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

$83,410
Asking price
$425,000
Closing costs (~8% of asking)
-$34,000
Est. remaining loan balance
-$307,590
Cash to seller
$83,410

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

Seller’s Loan History

Lender

Primary Residential Mortgage Inc

Loan start date

May 2022

Original loan amount

$320,000

Est. remaining balance

$307,590

Interest rate

4.72%

Loan type

New Conventional, 30 year

Seller

Heidi Speck

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: 11/22/2024 at 5:25 AM

Listing updated: 11/14/2024 at 3:19 PM

Listed by: Eric J Figurelle, Cummings & Co. Realtors Phone #: (410) 823-0033

MLS: Bright #MDBA2140078

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