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$344,900

Beds
4
Baths
3.0
sq ft
1,792

541 Platte Rd, Lusby, MD 20657

541 Platte Rd

LUSBY, MD 20657

  • 65 days on market
Updated Split foyer on larger lot. This one has a newer roof, siding and windows prior to the current owners. The seller had Curbio look at the microwave and electrical. They also painted most of the home and repaired the drywall and tape lines for aesthetics. They installed gravel by the driveway to offer a turnaround due to the steep angle of the driveway entry too. The carpets were cleaned and stretched on the main level with the lower level scheduled for after settlement when the seller can remove the rest of their property. The home offers low maintenance, storage, a large back yard, walk out lower level, close to PAX and the power plant. Close to rt 4 and all that southern MD has to offer.

Details

Property type

Single Family Residence

Est. home value

$342,637

Lot size

Unknown

Price per sq ft

$193

Year built

1993

Annual property taxes

$3,253

Monthly HOA fee

$41.83

Price History

10/26/2024
Bright

Bright #MDCA2017844

Listed
$344,900
+53.97%
05/15/2018
Bright

Bright #1004351825

Sold
$224,000
+126.8%
07/15/2016
Bright

Bright #1003905399

Sold
$98,765

Schools & Community

Elementary school: 

PATUXENT

Middle school: 

MILL CREEK

High school: 

PATUXENT

School district: 

CALVERT 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

$118,224
Asking price
$344,900
Closing costs (~8% of asking)
-$27,592
Est. remaining loan balance
-$199,084
Cash to seller
$118,224

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

Seller’s Loan History

Lender

First Home Mortgage Corp

Loan start date

May 2018

Original loan amount

$226,262

Est. remaining balance

$199,084

Interest rate

4.44%

Loan type

New Conventional, 30 year

Seller

Melessa H Rutherford

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: 11/25/2024 at 8:20 AM

Listing updated: 11/18/2024 at 5:19 PM

Listed by: James Dick, Long & Foster Real Estate, Inc. Phone #: (410) 535-1000

MLS: Bright #MDCA2017844

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