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$974,900

Beds
5
Baths
4.5
sq ft
6,173

7641 Knotting Hill Ln, Port Tobacco, MD 20677

7641 Knotting Hill Ln

PORT TOBACCO, MD 20677

  • 102 days on market
    • Price drop $13,600↓
Stunning Colonial Home with 5 Bedrooms, 5 Baths on 1.01 Acres; with Assumable VA loan at 2.625% interest rate! Welcome to this exquisite Colonial-style home, offering over 6,600 sqft of luxurious living space on a 1.01-acre lot. This property features a beautiful brick and stone facade with a side-load garage and a welcoming covered front porch with an 8-foot double-door entry. Step inside to a grand two-story foyer leading to a spacious family room with soaring ceilings and walls of windows, filling the home with natural light. The inviting living area provides ample space for entertaining family and friends. The gourmet kitchen is a chef's dream, equipped with top-of-the-line Kitchen Aid Energy Star appliances, abundant cabinetry, upgraded flooring, and a granite center island, perfect for meal preparation and casual dining. The interior garage is fully finished for added convenience. The upper level boasts a huge extended owner's suite with a luxurious en-suite bathroom featuring a Caribbean spa bath with dual toilets. Three additional bedrooms offer plenty of space for family or guests. The fully finished basement adds an additional 1,700 sqft of living space, including a hobby room, rec room, full bedroom, and full bath. It also features a double-door walkout, pre-wired theater room, and rough-in wet bar. This home is adorned with architectural details such as shadow boxes, tray ceilings, wainscoting, and coffered ceilings, adding to its elegance. With its abundant natural light, open spaces, and high-end features, this home is the perfect place to create your next chapter of happiness. Don't miss out on this stunning property—schedule a viewing today! With this Assumable VA loan at 2.625% interest rate your monthly payments will be $3672.02 its a steel deal.

Details

Property type

Single Family Residence

Est. home value

$887,989

Lot size

1.01 acres

Price per sq ft

$158

Year built

2021

Annual property taxes

$9,898

Monthly HOA fee

$50

Price History

10/03/2024
Bright

Bright #MDCH2034546

Price change
$974,900
-1.38%
08/15/2024
Bright

Bright #MDCH2034546

Listed
$988,500
-4.86%
07/05/2024
Bright

Bright #MDCH2030596

Removed
$1,039,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

CHARLES 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

$94,499
Asking price
$974,900
Closing costs (~8% of asking)
-$77,992
Est. remaining loan balance
-$802,409
Cash to seller
$94,499

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

Seller’s Loan History

Lender

First Home Mortgage Corp

Loan start date

January 2022

Original loan amount

$851,840

Est. remaining balance

$802,409

Interest rate

3.1%

Loan type

VA, 30 year

Seller

Marcus Lerone Jones and Jahanna Aleese Jones

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: 11/03/2024 at 9:00 AM

Listing updated: 10/23/2024 at 2:09 PM

Listed by: WAI LUN L LEUNG, Century 21 Redwood Realty Phone #: (202) 506-3674

MLS: Bright #MDCH2034546

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