tomo logo

$285,000

Beds
2
Baths
2.0
sq ft
1,190

5650 Wade Ct Unit L, Frederick, MD 21703

5650 Wade Ct Unit L

FREDERICK, MD 21703

  • Coming soon
COMING SOON! You don't want to miss this wonderfully updated 2 Bedroom / 2 Bathroom top floor condo in Stuart Mechanic! It is located close to Downtown Frederick without the city taxes!

Details

Property type

Condominium

Est. home value

$267,246

Lot size

Unknown

Price per sq ft

$240

Year built

1992

Annual property taxes

$2,528

HOA

No

Price History

03/31/2021
Bright

Bright #MDFR278414

Sold
$218,000
+18.74%
11/25/2019
Bright

Bright #MDFR254692

Sold
$183,600

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

FREDERICK 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

$103,053
Asking price
$285,000
Closing costs (~8% of asking)
-$22,800
Est. remaining loan balance
-$159,147
Cash to seller
$103,053

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

Seller’s Loan History

Lender

Apex Home Loans Inc

Loan start date

March 2021

Original loan amount

$174,700

Est. remaining balance

$159,147

Interest rate

2.73%

Loan type

New Conventional, 30 year

Seller

Tyler Christian Homon and Johanna Rachel Schick

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: Coming Soon

Tomo last checked: 03/12/2025 at 5:10 AM

Listing updated: 03/11/2025 at 10:44 AM

Listed by: Mike J Burch, Century 21 Redwood Realty Phone #: (301) 365-0664

MLS: Bright #MDFR2060738

Bright logo

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