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$159,900

Beds
3
Baths
1.0
sq ft
1,200

720 Richwood Ave, Baltimore, MD 21212

720 Richwood Ave

BALTIMORE, MD 21212

  • 61 days on market
    • Price drop $5,100↓
This 3bed 1-bath townhome in northeast Baltimore boasts a sunroom for reading or relaxation. It features a large living room and dining area for entertaining. The upstairs features 3 great-sized bedrooms. The backyard is spacious and perfect for entertaining or any outdoor activity. This house is being sold as-is. Ideal for an investor looking to add to their portfolio or a first-time homebuyer.

Details

Property type

Townhouse

Est. home value

$149,952

Lot size

4,700 sq ft

Price per sq ft

$134

Year built

1925

Annual property taxes

$776

HOA

No

Price History

12/11/2024
Bright

Bright #MDBA2144074

Price change
$159,900
-3.09%
10/27/2024
Bright

Bright #MDBA2144074

Listed
$165,000
+10.07%
07/05/2023
Bright

Bright #MDBA2083132

Sold
$149,900

Schools & Community

Neighborhood: 

Richnor Springs

Elementary school: 

Unknown

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

$29,274
Asking price
$159,900
Closing costs (~8% of asking)
-$12,792
Est. remaining loan balance
-$117,834
Cash to seller
$29,274

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

June 2023

Original loan amount

$119,920

Est. remaining balance

$117,834

Interest rate

6.39%

Loan type

New Conventional, 30 year

Seller

Nannie Cornish

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: 12/22/2024 at 3:25 PM

Listing updated: 12/10/2024 at 8:24 PM

Listed by: Jasmine Iler, CENTURY 21 New Millennium Phone #: (410) 665-0200

MLS: Bright #MDBA2144074

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