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$277,772Estimated home value

Beds
2
Baths
1.5
sq ft
915

5803 Drawbridge Ct, Frederick, MD 21703

5803 Drawbridge Ct

FREDERICK, MD 21703

  • Sold On 7/22/2024
OFFER DEADLINE 6/29 at 10am Welcome to your move-in ready home, located just outside the Frederick city limits! Recently remodeled in 2019, this property features a newer roof, HVAC system, windows, walls, insulation, and ductwork. They have added a half bath on the main level, new white shaker cabinets, granite countertops, and stainless steel appliances. The home boasts newer luxury plank flooring on the main level , along with beautifully up dated bathrooms. Enjoy the convenience of a fantastic commuter location. With everything ready, this home is perfect for those looking to settle in without any hassle!

Details

Property type

Townhouse

Est. home value

$277,772

Lot size

1,395 sq ft

Price per sq ft

$312

Year built

1984

Annual property taxes

$2,326

Monthly HOA fee

$95

Price History

07/22/2024
Bright

Bright #MDFR2050532

Sold
$300,000
+5.26%
06/29/2024
Bright

Bright #MDFR2050532

Pending
$285,000
06/27/2024
Bright

Bright #MDFR2050532

Listed
$285,000
+42.57%

Schools & Community

Elementary school: 

Unknown

Middle school: 

CRESTWOOD

High school: 

TUSCARORA

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

$80,764
Asking price
$285,000
Closing costs (~8% of asking)
-$22,800
Est. remaining loan balance
-$181,436
Cash to seller
$80,764

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

Seller’s Loan History

Lender

Sandy Spring Bank

Loan start date

July 2021

Original loan amount

$194,852

Est. remaining balance

$181,436

Interest rate

2.95%

Loan type

New Conventional, 30 year

Seller

Patricia Malatt

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 8:45 PM

Listing updated: 07/22/2024 at 6:22 PM

Listed by: Troy Yates, LPT Realty, LLC Phone #: (877) 366-2213

MLS: Bright #MDFR2050532

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