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$390,000

Beds
4
Baths
2.0
sq ft
1,845

511 Adams Ln, Waldorf, MD 20602

511 Adams Ln

WALDORF, MD 20602

  • Coming soon
Don't miss out on this incredible opportunity at 511 Adams Lane! This move-in ready, split-level home offers everything you need and more. With 4 spacious bedrooms and 2 full baths, this home is perfect for families and/or their guests. The upper level features 3 bedrooms while the lower level provides a private bedroom for friends or extended family. The kitchen is ideal for cooking and entertaining, complete with a gas stove that will inspire your inner chef. Right off the kitchen is a bright sunroom, perfect for relaxing or hosting guests. Step outside onto the deck, which overlooks a huge fenced backyard — a rare find at this price! Whether you're looking to unwind, entertain, or garden, this oversized yard offers endless possibilities. The lower level also includes a family room area, a utility room, and a convenient washer/dryer setup. Plus, there’s an additional exercise/playroom for your personal use. On a large .31-acre lot, this home provides plenty of outdoor space, all located in a peaceful neighborhood. *An added bonus*—An assumable below-market interest rate VA loan is available for qualified buyers. Homes like this don’t last long, so make plans to see it today before it's gone! Contact the listing agent for more details and to schedule your tour. Act quickly – opportunities like this are rare!

Details

Property type

Single Family Residence

Est. home value

$393,142

Lot size

0.31 acres

Price per sq ft

$212

Year built

1969

Annual property taxes

$4,810

HOA

No

Price History

09/17/2021
Bright

Bright #MDCH2001362

Sold
$349,000
+39.6%
12/09/2016
Bright

Bright #1000472353

Sold
$250,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$26,932
Asking price
$390,000
Closing costs (~8% of asking)
-$31,200
Est. remaining loan balance
-$331,868
Cash to seller
$26,932

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

Seller’s Loan History

Lender

Townebank Mortgage

Loan start date

September 2021

Original loan amount

$357,027

Est. remaining balance

$331,868

Interest rate

2.8%

Loan type

New Conventional, 30 year

Seller

Alexis M Anderson

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: Coming Soon

Tomo last checked: 11/14/2024 at 11:30 AM

Listing updated: 11/13/2024 at 11:29 AM

Listed by: Carl C Carrington, Samson Properties Phone #: (240) 630-8689

MLS: Bright #MDCH2037654

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