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$485,000

Beds
3
Baths
3.0
sq ft
1,760

7120 Linganore Rd, Frederick, MD 21701

7120 Linganore Rd

FREDERICK, MD 21701

  • 65 days on market
    • Price drop $14,000↓
Charming Country Home on Expansive Lot – 7120 Linganore Rd, Frederick, MD 21701. Welcome to 7120 Linganore Rd, Frederick, where country living meets modern convenience! This property offers a unique blend of rustic charm and endless potential, situated on 2 recorded lots in a peaceful rural setting. The home boasts 3 generously sized bedrooms and 3 bathrooms, featuring a spacious kitchen and family room layout perfect for family living or entertaining guests. *Double lot may offer the potential to sell and/or build on the second lot. Outside, you'll find plenty of open space for outdoor activities, gardening, or simply enjoying the tranquility of nature. The property includes a garage, barn/workshop, shed, seasonal pond and provides easy access to nearby amenities while maintaining a private, serene atmosphere. Conveniently located just a short drive from downtown Frederick, schools, shopping, and major highways, 7120 Linganore Rd is a perfect retreat for those seeking a quiet lifestyle with modern conveniences close by.

Details

Property type

Single Family Residence

Est. home value

$405,549

Lot size

2.26 acres

Price per sq ft

$276

Year built

1965

Annual property taxes

$4,038

HOA

No

Price History

10/18/2024
Bright

Bright #MDFR2053718

Price change
$485,000
-2.81%
10/12/2024
Bright

Bright #MDFR2053718

Pending
$499,000
09/30/2024
Bright

Bright #MDFR2053718

Price change
$499,000
-3.11%

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

$65,779
Asking price
$485,000
Closing costs (~8% of asking)
-$38,800
Est. remaining loan balance
-$380,421
Cash to seller
$65,779

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

September 2023

Original loan amount

$384,750

Est. remaining balance

$380,421

Interest rate

6.9%

Loan type

New Conventional, 30 year

Seller

Matthew O Miller and Sylvia J Glover

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: 11/08/2024 at 8:15 AM

Listing updated: 10/18/2024 at 9:39 AM

Listed by: Christopher Miller, Miller Realty Services, LLC Phone #: (301) 947-3788

MLS: Bright #MDFR2053718

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