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$499,999

Beds
4
Baths
3.5
sq ft
2,395

514 Francis Nicholson Way, Annapolis, MD 21401

514 Francis Nicholson Way

ANNAPOLIS, MD 21401

  • 21 days on market
    • Price drop $15,001↓
    • Open house Jun 26
EXTENSIVE UPGRADES made by sellers, including to kitchen, flooring, appliances and more! Rare opportunity to purchase a 4 bedroom, 3.5 baths end-unit townhome located in the amenity-driven Tidewater Colony community, just a short drive away from Downtown Annapolis! The main level has hardwood flooring throughout the kitchen, dining area, and family room, which leads directly outside to the rear deck, perfect for outdoor dining or nights around a fire pit. The upper level has 3 bedrooms, including the spacious master with a large ensuite bath, walk-in closet, and expansive, airy loft area - ideal for a home office or extra living space. Many floors have been updated throughout the house, as have closets. Most windows are new and furnace is new. The kitchen appliances have been upgraded to stainless steel. The lower level features an open space for entertainment or a play area, in addition to a fourth bedroom and full bath. The entire unit boasts an abundance of natural light as well as updated lighting in parts of the house. Please see agent documents for a complete list of upgrades. The Tidewater Colony community offers a community pool, fitness center, clubhouse, tennis courts, playgrounds, walk/bike paths, picnic area, and ample green space for outdoor sports. The location is stellar - an amenity-filled community, within minutes of the restaurants and shopping that Downtown Annapolis has to offer.

Details

Property type

Condominium

Est. home value

$469,410

Lot size

Unknown

Price per sq ft

$209

Year built

1995

Annual property taxes

$4,553

Monthly HOA fee

$170

Price History

06/24/2024

Bright #MDAA2086610

Price change
$499,999
-2.91%
06/06/2024

Bright #MDAA2086610

Listed
$515,000
+24.1%
09/17/2021

Bright #MDAA2005840

Sold
$415,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool

School district: 

ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Tracey, Home Search Advisor
Tracey
Home Search Advisor

How can I help? Hi, I’m Tracey, your real estate expert. Send me your questions about this listing or about shopping for homes.

Response time: 20 min or less

or text or call (404) 738-5385

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

$81,939
Asking price
$499,999
Closing costs (~8% of asking)
-$40,000
Est. remaining loan balance
-$378,060
Cash to seller
$81,939

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

Seller’s Loan History

Lender

Home Point Financial Corporation

Loan start date

September 2021

Original loan amount

$402,550

Est. remaining balance

$378,060

Interest rate

2.8%

Loan type

New Conventional, 30 year

Seller

Zachary Alan Peters and Alisondra Tamilio Awed

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: 06/26/2024 at 3:00 PM

Listing updated: 06/25/2024 at 9:23 PM

Listed by: Tiffany Cloud, Meredith Fine Properties Phone #: (410) 745-8060

MLS: Bright #MDAA2086610

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