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$550,000

Beds
4
Baths
3.0
sq ft
1,968

7371 Mountain Laurel Rd, Boonsboro, MD 21713

7371 Mountain Laurel Rd

BOONSBORO, MD 21713

  • 46 days on market
    • Price drop $25,000↓
Charming Colonial with Modern Updates and Stunning Mountain Views Welcome to your dream home! This fully renovated colonial has been meticulously updated from top to bottom, combining timeless charm with modern convenience. Taken down to the studs, this home features a brand-new electrical system and plumbing, ensuring peace of mind for years to come. Nestled on over 2 acres of private land, this property offers unmatched tranquility and breathtaking mountainous views, making it the perfect retreat from the hustle and bustle of daily life.

Details

Property type

Single Family Residence

Est. home value

$634,117

Lot size

2.32 acres

Price per sq ft

$280

Year built

1890

Annual property taxes

$2,387

HOA

No

Price History

02/25/2025
Bright

Bright #MDWA2026588

Price change
$550,000
-4.35%
01/28/2025
Bright

Bright #MDWA2026588

Listed
$575,000
+113.36%
02/26/2024
Bright

Bright #MDWA2019420

Sold
$269,500

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

WASHINGTON 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

$362,940
Asking price
$550,000
Closing costs (~8% of asking)
-$44,000
Est. remaining loan balance
-$143,060
Cash to seller
$362,940

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

Seller’s Loan History

Lender

The First Bank & Trust Co

Loan start date

January 2024

Original loan amount

$155,600

Est. remaining balance

$143,060

Interest rate

6.29%

Loan type

New Conventional, 10 year

Seller

John Cappuccilli and Victoria Cappuccilli

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: 03/03/2025 at 11:55 PM

Listing updated: 02/25/2025 at 2:54 PM

Listed by: Brendan Wilson, KW Metro Center Phone #: (703) 535-3610

MLS: Bright #MDWA2026588

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