tomo logo

$295,000

Beds
3
Baths
1.0
sq ft
1,085

7410 Gunpowder Rd, Middle River, MD 21220

7410 Gunpowder Rd

MIDDLE RIVER, MD 21220

  • 77 days on market
    • Price drop $4,900↓
Fully updated in 2024, this Cape Cod-style residence offers 1,085 square feet of living space, featuring 3 bedrooms and 1 full bath, located in the desirable, water-privileged community of Oliver Beach. The open-concept main level boasts luxury vinyl tile flooring throughout the living room, dining area, and eat-in kitchen, which features upgraded countertops, stainless steel appliances, and ample white cabinetry, along with a cozy breakfast area. This level also includes a convenient laundry room, a full bathroom, and two bedrooms, including the primary bedroom with a walk-in closet. The upper level features a third bedroom with vaulted ceilings and a versatile bonus room, offering additional flexibility for various uses. The property boasts a large backyard, a spacious driveway providing ample parking, and a sizable detached shed complete with a garage door and a floored loft ideal for storage or a workspace. Located just a block from the water, Oliver Beach offers the convenience of no HOA fees and access to a boat ramp with a 1x boat slip fee of $25. Enjoy a tranquil waterfront lifestyle with easy access to nearby parks like Gunpowder Falls State Park, as well as a variety of shopping and dining options.

Details

Property type

Single Family Residence

Est. home value

$250,430

Lot size

7,500 sq ft

Price per sq ft

$272

Year built

1943

Annual property taxes

$2,009

HOA

No

Price History

11/14/2024
Bright

Bright #MDBC2105902

Price change
$295,000
-1.63%
09/26/2024
Bright

Bright #MDBC2105902

Listed
$299,900
+7.15%
08/27/2024
Bright

Bright #MDBC2093576

Removed
$279,900

Schools & Community

Elementary school: 

OLIVER BEACH

Middle school: 

MIDDLE RIVER

High school: 

KENWOOD

School district: 

BALTIMORE 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

$18,902
Asking price
$295,000
Closing costs (~8% of asking)
-$23,600
Est. remaining loan balance
-$252,498
Cash to seller
$18,902

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

Seller’s Loan History

Lender

Mortgage Research Center Llc

Loan start date

October 2023

Original loan amount

$255,000

Est. remaining balance

$252,498

Interest rate

7.18%

Loan type

VA, 30 year

Seller

Michael Morris

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: 11/15/2024 at 5:55 AM

Listing updated: 11/14/2024 at 2:44 PM

Listed by: Robert J Lucido, Keller Williams Lucido Agency Phone #: (410) 465-6900

MLS: Bright #MDBC2105902

Bright logo

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