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$279,990

Beds
4
Baths
2.5
sq ft
2,100

816 E Preston St, Baltimore, MD 21202

816 E Preston St

BALTIMORE, MD 21202

  • 71 days on market
    • Price drop $20,000↓
Schedule your in person showing today! Virtual Tour also available for this Well-maintained move-in ready home located in Johnston Square. This home offers plenty of space with 4 bedrooms and two and a half bathrooms. There is an unfinished basement that is street level which provides ease of entry from the rear driveway that has a fenced in privacy area. The basement can serve many purposes. Three main level floors inside of the home and a beautiful skylight that provides natural light on the top floor. Just minutes from the Inner Harbor of Baltimore. Nearby fine dining and shops. Just behind the home you can find parking provided by the local Produce organization " The 6th Branch ". They provide free produce every Tuesday evening from 5:30-7pm beginning sometime in May-October. There is a playground there as well. Please check with lenders to obtain any information about potential grants or homebuyer incentives such as CHAP tax credit and "Live Near your Work" program. Buyers and Agents to conduct their own due diligence to confirm details to their satisfaction

Details

Property type

Townhouse

Est. home value

$224,414

Lot size

Unknown

Price per sq ft

$134

Year built

1900

Annual property taxes

$3,540

HOA

No

Price History

04/26/2024

Bright #MDBA2122476

Listed
$279,990
+51.02%
02/12/2021

Bright #MDBA527920

Sold
$185,400

Schools & Community

Neighborhood: 

Johnston Square

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

$69,193
Asking price
$279,990
Closing costs (~8% of asking)
-$22,399
Est. remaining loan balance
-$188,398
Cash to seller
$69,193

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

Seller’s Loan History

Lender

Churchill Mortgage Corp

Loan start date

November 2022

Original loan amount

$192,000

Est. remaining balance

$188,398

Interest rate

6.29%

Loan type

New Conventional, 30 year

Seller

Tanesha Siggers and Ronal Siggers Jr

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: 07/01/2024 at 11:50 AM

Listing updated: 05/30/2024 at 1:54 PM

Listed by: Sherwood Sharp Jr., Keller Williams Realty Delmarva Phone #: (410) 677-0909

MLS: Bright #MDBA2122476

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