tomo logo

$685,000

Beds
4
Baths
3.5
sq ft
2,184

720 Glenwood St, Annapolis, MD 21401

720 Glenwood St

ANNAPOLIS, MD 21401

  • 15 days on market
This property is a dream for both investors and families alike. Completely gutted and restored with all-new finishes in 2023, this colonial home is situated in the highly desirable Homewood neighborhood. It features beautiful hardwood floors throughout, a master suite with a walk-in closet on the upper level, and plenty of natural light streaming through the home. The spacious private backyard includes a large deck, perfect for outdoor entertaining. Ideally located in the heart of Annapolis, this home is within walking distance to the Navy Marine Corps Memorial Stadium and just minutes from the City Dock, the U.S. Naval Academy, and local restaurants and shops. Currently active on Airbnb, the property boasts future bookings, including a $7,000 per week reservation for Commission Week. During Navy football season, it generates about $4,000 per month, while spring and summer months see around $5,500 monthly revenue. Additionally, the property is being offered "as-is" with the option to include all furniture. FHA Assumable mortgage at 3.375% is available.

Details

Property type

Single Family Residence

Est. home value

$674,784

Lot size

8,540 sq ft

Price per sq ft

$314

Year built

1940

Annual property taxes

$5,917

HOA

No

Price History

03/18/2025
Bright

Bright #MDAA2108422

Listed
$685,000
+1.48%
06/01/2024
BrightMLS

BrightMLS #MDAA2073676

Removed
$675,000
04/01/2024
BrightMLS

BrightMLS #MDAA2073676

Listed
$675,000

Schools & Community

Elementary school: 

ANNAPOLIS

Middle school: 

BATES

High school: 

ANNAPOLIS

School district: 

ANNE ARUNDEL 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

$150,674
Asking price
$685,000
Closing costs (~8% of asking)
-$54,800
Est. remaining loan balance
-$479,526
Cash to seller
$150,674

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

Seller’s Loan History

Lender

Draper & Kramer Mortgage Corp

Loan start date

November 2021

Original loan amount

$516,722

Est. remaining balance

$479,526

Interest rate

3.01%

Loan type

FHA, 30 year

Seller

Samantha Thomas

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: 03/30/2025 at 5:30 AM

Listing updated: 03/19/2025 at 11:49 AM

Listed by: Blake Price, Keller Williams Capital Properties Phone #: (240) 383-1350

MLS: Bright #MDAA2108422

Bright logo

Recently listed in ANNAPOLIS

$1,400,000|3 bd|4.5 ba|Condo
$595,000|3 bd|1.5 ba|House
$399,000|5 bd|3.0 ba|House
$404,000|2 bd|1.0 ba|Townhouse
$599,900|3 bd|3.5 ba|Townhouse
$799,688|5 bd|3.0 ba|House
$1,595,000|4 bd|3.5 ba|House