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$175,000

Beds
6
Baths
3.0
sq ft
2,788

6 & 8 E B St, Brunswick, MD 21716

6 & 8 E B St

BRUNSWICK, MD 21716

  • Pending
    • Price drop $25,000↓
THIS IS A SHORT SALE. Progress was stopped in the middle of construction. New electric systems, HVAC, plumbing throughout each unit. Great Investor opportunity to finish renovations and either rent each side or sub divide the homes and sell them separately. Each side has 3 bed, 1.5 bath and a bonus room on the third floor of each. (6 bedrooms, 2 full, 2 half bath total). The majority of the work and been done with finishing to be completed. See disclosures and buyer to do own due diligence on potential sub dividing and renovations. Work that was performed already on the home was done by licensed HVAC, electrical, and plumbing contractors. AGENTS, READ THE DISCLOSURES PRIOR TO CALLING WITH QUESTIONS PLEASE READ THIS SECTION PRIOR TO SETTING UP A SHOWING: Oil spill in the basement of one unit. This will require remediation per MDE. Incident report is in the disclosures along with details. This home will not qualify for typical financing. It will likely only go as a cash sale or a construction loan.

Details

Property type

Duplex

Est. home value

$408,811

Lot size

4,500 sq ft

Price per sq ft

$63

Year built

1910

Annual property taxes

$5,266

HOA

No

Price History

10/05/2024
Bright

Bright #MDFR2051388

Pending
$175,000
09/24/2024
Bright

Bright #MDFR2051388

Price change
$175,000
-12.5%
09/11/2024
Bright

Bright #MDFR2051388

Price change
$200,000
-9.09%

Schools & Community

Elementary school: 

BRUNSWICK

Middle school: 

BRUNSWICK

High school: 

BRUNSWICK

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

-$205,730
Asking price
$175,000
Closing costs (~8% of asking)
-$14,000
Est. remaining loan balance
-$366,730
Cash to seller
-$205,730

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

Seller’s Loan History

Lender

Caliber Home Loans Inc

Loan start date

June 2022

Original loan amount

$380,004

Est. remaining balance

$366,730

Interest rate

5.11%

Loan type

FHA, 30 year

Seller

Heath Luke Schneibolk

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: Pending/Under Contract

Tomo last checked: 11/03/2024 at 8:10 AM

Listing updated: 10/25/2024 at 1:44 PM

Listed by: Troyce Gatewood, Real Broker, LLC - Frederick Phone #: (855) 450-0442

MLS: Bright #MDFR2051388

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