tomo logo

$175,000

Beds
3
Baths
2.0
sq ft
960

508 N Luzerne Ave, Baltimore, MD 21205

508 N Luzerne Ave

BALTIMORE, MD 21205

  • 45 days on market
    • Price drop $4,900↓
Welcome to 508 N. Luzerne Ave! This beautifully renovated 2-bedroom, 2-bathroom home boasts an inviting living room, featuring exposed brick and cozy electric fireplace. The open-concept layout flows seamlessly into the dining area and kitchen. The kitchen - sleek cabinetry, stainless steel appliances, and ample counter space. The spacious bedrooms offer plenty of natural light, comfortable layouts, and stylish finishes. Bathrooms are updated with contemporary fixtures and finishes. This move-in-ready home is ideal for anyone seeking comfort, and convenience. Don’t miss out on this fantastic opportunity to own a piece of Baltimore!

Details

Property type

Townhouse

Est. home value

$179,892

Lot size

Unknown

Price per sq ft

$183

Year built

1920

Annual property taxes

$1,435

HOA

No

Price History

12/13/2024
Bright

Bright #MDBA2144560

Price change
$175,000
-2.72%
11/07/2024
Bright

Bright #MDBA2144560

Listed
$179,900
+139.87%
08/19/2020
Bright

Bright #MDBA491032

Sold
$75,000

Schools & Community

Neighborhood: 

McElderry Park

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

$27,204
Asking price
$175,000
Closing costs (~8% of asking)
-$14,000
Est. remaining loan balance
-$133,796
Cash to seller
$27,204

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

Seller’s Loan History

Lender

American Heritage Lending Inc

Loan start date

December 2022

Original loan amount

$136,500

Est. remaining balance

$133,796

Interest rate

7.08%

Loan type

New Conventional, 30 year

Seller

Zae Enterprises Llc

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: 12/22/2024 at 4:00 PM

Listing updated: 12/13/2024 at 10:14 AM

Listed by: India E Whitlock, Keller Williams Legacy Phone #: (443) 660-9229

MLS: Bright #MDBA2144560

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