tomo logo

$354,500

Beds
4
Baths
2.5
sq ft
3,734

517 Gay St, Denton, MD 21629

517 Gay St

DENTON, MD 21629

  • 202 days on market
    • Price drop $5,000↓
ATTENTION PRICE REDUCTION Owner said its time to sell... Seller will offer the Buyer $5000 towards closing cost. Lots of upgrades. A Must See. Welcome to the town of Denton, a lovely town to call your home. This home is located in the arts and entertainment district Making it possible for retail business use. The spacious brick home boasting over 3700 sq ft. With 4 BR and 2- 1/2 Baths . Has 2 Custom Brick Fireplaces. As you descend to the lower level, there is plenty of space for entertaining on any occasion or just plain relaxing. The kitchen is equipped with ample storage and offers additional workspace. The living room is very sprawling with hardwood floors and the brick fireplace makes it very inviting and elegant. Plenty of upgrades. A New Roof in installed in 2024, New furnace with 4 zone thermostat. New Electric in Home & Garage in 2023 . The 2 car garage upgrade also included adding a 30 Amp outlet. The garage offers a large cement pad and yard is nicely landscaped. This property is definitely worth an investment. Centrally located an within walking distance to most everything, Dinning, Medical, Parks, Boat Launches, Shopping and a 2 min drive to RT# 404 . 12 Min to RT#50 and most Beaches are less than 90 minutes away. Don't wait on this one make your appointment today. Sellers will consider all reasonable offers.

Details

Property type

Single Family Residence

Est. home value

$389,874

Lot size

0.4 acres

Price per sq ft

$95

Year built

1957

Annual property taxes

$4,887

HOA

No

Price History

02/20/2025
Bright

Bright #MDCM2004646

Price change
$354,500
-1.39%
02/06/2025
Bright

Bright #MDCM2004646

Price change
$359,500
-2.04%
01/01/2025
Bright

Bright #MDCM2004646

Price change
$367,000
-1.34%

Schools & Community

Elementary school: 

DENTON

Middle school: 

LOCKERMAN

High school: 

NORTH CAROLINE

School district: 

CAROLINE 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

$131,859
Asking price
$354,500
Closing costs (~8% of asking)
-$28,360
Est. remaining loan balance
-$194,281
Cash to seller
$131,859

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

November 2022

Original loan amount

$200,000

Est. remaining balance

$194,281

Interest rate

6.02%

Loan type

New Conventional, 30 year

Seller

James Ormand Baker and Janet Carol Baker

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: 03/03/2025 at 10:55 PM

Listing updated: 02/20/2025 at 9:54 AM

Listed by: Barbara J Beaudet, Brenton Realty Group Phone #: (410) 479-4663

MLS: Bright #MDCM2004646

Bright logo

Recently listed in DENTON

$399,000|3 bd|2.0 ba|House
$319,900|3 bd|2.0 ba|House
$369,000|3 bd|1.5 ba|House
$599,900|3 bd|2.5 ba|House
$249,500|4 bd|2.0 ba|House
$339,999|3 bd|2.5 ba|House
$130,000|3 bd|1.0 ba|Manufactured