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$154,370Estimated home value

Beds
3
Baths
1.0
sq ft
1,264

545 Ridge Ave, Hagerstown, MD 21740

545 Ridge Ave

HAGERSTOWN, MD 21740

  • Sold On 8/16/2024
Three bedroom, 1 full bathroom home on a corner lot, fully fenced and in need of work as reflected in the price and being offered for sale "as is, where is" condition. The property will not qualify for VA or FHA financing. Cash, conventional or rehab loan. This property is eligible under the First Look Initiative which expires after 30 full days on market. No investor offers until first look period expires. All offers must be entered through propoffers.com. An offer management fee of $175 (plus sales tax, where applicable) is charged by Pyramid Platform in connection with the use of Propoffers.c om.

Details

Property type

Single Family Residence

Est. home value

$154,370

Lot size

6,749 sq ft

Price per sq ft

$95

Year built

1905

Annual property taxes

$1,767

HOA

No

Price History

08/12/2024
Bright

Bright #MDWA2022270

Sold
$125,300
+4.5%
07/05/2024
Bright

Bright #MDWA2022270

Pending
$119,900
05/25/2024
Bright

Bright #MDWA2022270

Listed
$119,900

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

WASHINGTON 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

$51,924
Asking price
$119,900
Closing costs (~8% of asking)
-$9,592
Est. remaining loan balance
-$58,384
Cash to seller
$51,924

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

Seller’s Loan History

Lender

Champion Mortgage

Loan start date

June 2006

Original loan amount

$93,900

Est. remaining balance

$58,384

Interest rate

6.49%

Loan type

Not Provided, 30 year

Seller

Pauline Meissner Colbert and Pauline Meissner

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: Off Market

Tomo last checked: 09/28/2024 at 8:30 PM

Listing updated: 08/16/2024 at 5:48 AM

Listed by: Michael W McCarthy, Metro DMV Realty Phone #: (703) 463-2428

MLS: Bright #MDWA2022270

Bright logo

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