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$169,000

Beds
3
Baths
1.5
sq ft
1,056

638 E Patapsco Ave, Brooklyn, MD 21225

638 E Patapsco Ave

BROOKLYN, MD 21225

  • 80 days on market
    • Price drop $10,000↓
Income-generating property. Completely renovated 3 BR, 1BA Townhome in Brooklyn MD with a large deck and backyard. Long-term tenants on month-to-month @ $1150 and professionally managed. Please don't disturb tenants. Please give a 24-hour notice for any showings. All showings by appointment only.

Details

Property type

Townhouse

Est. home value

$130,972

Lot size

Unknown

Price per sq ft

$161

Year built

1925

Annual property taxes

$1,038

HOA

No

Price History

06/11/2024

Bright #MDBA2121262

Price change
$169,000
-5.59%
04/12/2024

Bright #MDBA2121262

Listed
$179,000
04/11/2024
BrightMLS

BrightMLS #MDBA2120920

Removed
$179,000

Schools & Community

Neighborhood: 

Brooklyn

Elementary school: 

MAREE GARNETT FARRING

Middle school: 

Unknown

High school: 

Unknown

School district: 

BALTIMORE CITY 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

$148,971
Asking price
$169,000
Closing costs (~8% of asking)
-$13,520
Est. remaining loan balance
-$6,509
Cash to seller
$148,971

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

Seller’s Loan History

Lender

Bank Of America Na

Loan start date

February 2015

Original loan amount

$8,158

Est. remaining balance

$6,509

Interest rate

3.73%

Loan type

FHA, 30 year

Seller

James A Price

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: Active

Tomo last checked: 07/01/2024 at 11:45 AM

Listing updated: 06/18/2024 at 3:23 PM

Listed by: Colleen Winters, RE/MAX Realty Services Phone #: (240) 403-0400

MLS: Bright #MDBA2121262

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