tomo logo

$499,900

Beds
4
Baths
3.0
sq ft
1,940

521 S Lakewood Ave, Baltimore, MD 21224

521 S Lakewood Ave

BALTIMORE, MD 21224

  • 42 days on market
    • Price drop $100↓
6 YEARS OF CHAP TAX CREDIT LEFT WITH SAVINGS OF $40,000! Welcome to this fully renovated gem in the heart of Canton, where modern updates meet classic Baltimore charm! This 14-foot wide home, located on a beautiful tree-lined street, greets you with stunning stained glass windows, exposed brick walls, decorative tray ceilings, and custom shelving—character and charm abound in every detail. Gleaming hardwood floors flow throughout the home, leading you to a spacious living room filled with natural light from a large picture window. Perfect for entertaining, the open floor plan connects the living area to a dining space ideal for hosting guests. The kitchen is a chef's dream with an island featuring waterfall countertops, pendant lighting, and seating for quick bites. It’s equipped with beautiful stone countertops, stainless steel appliances, custom tile backsplash, and an abundance of cabinet space. Upstairs, unwind in the spacious primary suite complete with a large walk-in closet and an en-suite bathroom featuring dual vanities and a luxurious walk-in shower with dual shower heads and custom tile. A second bedroom, accented with exposed brick walls and ample closet space, is perfect for guests. The second bathroom mirrors the style and luxury of the primary, with a large walk-in shower, dual shower heads, and beautiful tile surrounds. Additional hallway shelving provides a stylish space for displaying your favorite pieces. The finished lower level offers versatility with two spacious bedrooms and a full bathroom, making it perfect for guests or a home office setup. You'll also find plenty of storage and a laundry area. Enjoy stunning views of Patterson Park, downtown Baltimore, and the iconic Natty Boh Building from your rooftop deck—perfect for catching fireworks on the 4th of July or New Year’s Eve. The parking pad in the back provides added convenience. Built by Building Character in 2020, this home also features a Whole House Audio System. Just a block from Patterson Park, Bmore Licks, and a short walk to Canton Square, the waterfront, and a variety of shops and restaurants, this home is truly a must-see! Don’t miss out! Schedule your showing today!

Details

Property type

Townhouse

Est. home value

$527,814

Lot size

945 sq ft

Price per sq ft

$258

Year built

1910

Annual property taxes

$4,569

HOA

No

Price History

11/01/2024
Bright

Bright #MDBA2135994

Price change
$499,900
-0.02%
10/24/2024
Bright

Bright #MDBA2135994

Listed
$500,000
+12.36%
06/02/2020
Bright

Bright #MDBA507032

Sold
$445,000
+229.63%

Schools & Community

Neighborhood: 

Canton

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

$76,347
Asking price
$499,900
Closing costs (~8% of asking)
-$39,992
Est. remaining loan balance
-$383,561
Cash to seller
$76,347

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

Seller’s Loan History

Lender

Primary Residential Mortgage Inc

Loan start date

June 2020

Original loan amount

$422,750

Est. remaining balance

$383,561

Interest rate

3.31%

Loan type

New Conventional, 30 year

Seller

Zachary Jacob Baron and Paige Marie Ames

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: 11/22/2024 at 6:00 AM

Listing updated: 11/15/2024 at 7:29 AM

Listed by: Michael J Schiff, EXP Realty, LLC Phone #: (888) 860-7369

MLS: Bright #MDBA2135994

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