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$649,535Estimated home value

Beds
3
Baths
1.0
sq ft
1,130

605 Ethan Allen Ave, Takoma Park, MD 20912

605 Ethan Allen Ave

TAKOMA PARK, MD 20912

  • Sold On 7/30/2019
Charming single family detached home in Takoma Park... This home sits on nearly a third of an acre and is ideal for a buyer who is looking to build some sweat equity... This Home is eligible for Freddie Mac's 1st Look Initiative. Only Offers from Owner Occupant buyers will be reviewed during the first 20 days on the market (May 17, 2019). Investors may submit offers starting on May 18, 2019.

Details

Property type

Single Family Residence

Est. home value

$649,535

Lot size

0.29 acres

Price per sq ft

$363

Year built

1945

Annual property taxes

$6,477

HOA

No

Price History

12/22/2024
Bright

Bright #MDMC2155298

Removed
$670,000
11/13/2024
Bright

Bright #MDMC2155298

Price change
$670,000
-11.84%
11/12/2024
Bright

Bright #MDMC2155298

Listed
$760,000
+90%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

MONTGOMERY 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

$146,637
Asking price
$409,500
Closing costs (~8% of asking)
-$32,760
Est. remaining loan balance
-$230,103
Cash to seller
$146,637

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

Seller’s Loan History

Lender

American Financial Network Inc

Loan start date

March 2021

Original loan amount

$295,000

Est. remaining balance

$230,103

Interest rate

2.2%

Loan type

New Conventional, 15 year

Seller

Matthew Rogers

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: 12/22/2024 at 6:25 AM

Listing updated: 01/13/2024 at 3:50 PM

Listed by: Matias Escobar, Fairfax Realty Premier Phone #: (301) 439-9500

MLS: Bright #MDMC655228

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