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$235,000

Beds
2
Baths
1.5
sq ft
Unknown

514 Otterbein St, Baltimore, MD 21230

514 Otterbein St

BALTIMORE, MD 21230

  • 56 days on market
    • Price drop $12,000↓
Step into the inviting ambiance of this beautifully appointed two-story carriage house at 514 Otterbein Street, ideally situated in the sought-after Brewer's District of Washington Village. This property features two cozy bedrooms, 1.5 modern bathrooms, and includes the convenience of an attached garage. Tucked away on a serene street, yet in the epicenter of urban excitement, this home combines peace and proximity. You’re just moments away from baseball games, the Inner Harbor, and near the University of Maryland Hospital and the bustling heart of Downtown Baltimore. Recently updated with a new HVAC system and refrigerator in the summer of 2023, and a washer and dryer barely 1.5 years old, the residence is move-in ready. Whether you're a discerning investor or a city enthusiast looking to claim a slice of Baltimore, 514 Otterbein Street offers an exciting opportunity to live in comfort and style amid the city's dynamic pace.

Details

Property type

Townhouse

Est. home value

$317,761

Lot size

522 sq ft

Price per sq ft

Unknown

Year built

1940

Annual property taxes

$1,180

HOA

No

Price History

05/06/2024

Bright #MDBA2124352

Listed
$235,000
-4.86%
04/18/2024
BrightMLS

BrightMLS #MDBA2105986

Removed
$247,000
02/19/2024
BrightMLS

BrightMLS #MDBA2105986

Pending
$247,000

Schools & Community

Neighborhood: 

Washington Village

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

$80,961
Asking price
$235,000
Closing costs (~8% of asking)
-$18,800
Est. remaining loan balance
-$135,239
Cash to seller
$80,961

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

Seller’s Loan History

Lender

Carrollton Bank

Loan start date

January 2009

Original loan amount

$197,926

Est. remaining balance

$135,239

Interest rate

5.53%

Loan type

FHA, 30 year

Seller

Darwin E Saunders

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: 07/01/2024 at 2:20 PM

Listing updated: 06/17/2024 at 10:13 AM

Listed by: William C Featherstone, Featherstone & Co.,LLC. Phone #: (410) 988-4929

MLS: Bright #MDBA2124352

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