tomo logo

$275,000

Beds
3
Baths
2.5
sq ft
1,264

7299 Coachlight Ct, Frederick, MD 21703

7299 Coachlight Ct

FREDERICK, MD 21703

  • 1 day on market
Discover this beautifully renovated townhouse located in a desirable condominium community. This spacious unit features 3 bedrooms and 2.5 bathrooms, with significant updates throughout, including a new roof and new HVAC system. The modern kitchen boasts stainless steel appliances, and the convenience of an in-unit washer and dryer enhances the appeal. Listed below market value, this property presents a fantastic opportunity for investors seeking immediate rental income, as it will be sold with current tenants in place. Don’t miss out on this incredible investment opportunity—schedule your viewing today!"

Details

Property type

Townhouse

Est. home value

$266,327

Lot size

987 sq ft

Price per sq ft

$218

Year built

1974

Annual property taxes

$1,978.06

Monthly HOA fee

$121.5

Price History

11/07/2024
Bright

Bright #MDFR2056356

Listed
$275,000
-8.33%
08/16/2024
Bright

Bright #MDFR2051488

Sold
$300,000
+3.45%
07/18/2024
Bright

Bright #MDFR2051488

Pending
$290,000

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

$192,198
Asking price
$275,000
Closing costs (~8% of asking)
-$22,000
Est. remaining loan balance
-$60,802
Cash to seller
$192,198

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

Seller’s Loan History

Lender

Summit Financial Llc

Loan start date

May 2005

Original loan amount

$108,000

Est. remaining balance

$60,802

Interest rate

6.01%

Loan type

New Conventional, 30 year

Seller

Ronald Lewis

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 6:45 AM

Listing updated: 11/07/2024 at 4:59 PM

Listed by: Wilmer Bucarelo, Douglas Realty Phone #: (866) 987-3937

MLS: Bright #MDFR2056356

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