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$259,900

Beds
4
Baths
2.5
sq ft
2,100

816 E Preston St, Baltimore, MD 21202

816 E Preston St

BALTIMORE, MD 21202

  • 45 days on market
    • Price drop $10,000↓
Well-maintained and move-in ready, this 4-bedroom, 2.5-bathroom home in Johnston Square offers plenty of space with three finished above-grade floors and an unfinished basement, ideal for storage or future expansion. The basement features a backdoor to the patio, approximately 7-foot ceilings, and partial framing already in place, making it easier to finish. Outside, you'll enjoy a large deck, a fenced backyard, and a private parking space. Additional parking is available in the lot behind the home, which also borders a community garden offering free local produce weekly. *Eligible buyers may qualify for up to $15,000 in grant funds to assist with the down payment, closing costs, or interest rate buy-down. The property may also qualify for the "Live Near Your Work" program. * Nearby landmarks: - Johnston Square Park: 0.2 mi - Charles Theatre: 0.8 mi - Johns Hopkins Hospital: 1.4 mi - National Aquarium: 1.6 mi - Inner Harbor: 1.8 mi - Camden Yards: 2.2 mi - UMMC: 2.3 mi - M&T Bank Stadium: 2.6 mi

Details

Property type

Townhouse

Est. home value

$224,414

Lot size

8,712 sq ft

Price per sq ft

$124

Year built

1900

Annual property taxes

$3,540

HOA

No

Price History

10/23/2024
Bright

Bright #MDBA2140968

Price change
$259,900
-3.71%
10/03/2024
Bright

Bright #MDBA2140968

Listed
$269,900
-0.03%
09/17/2024
Bright

Bright #MDBA2122476

Removed
$269,990

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

$51,719
Asking price
$259,900
Closing costs (~8% of asking)
-$20,792
Est. remaining loan balance
-$187,389
Cash to seller
$51,719

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

$187,389

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: 11/16/2024 at 12:20 AM

Listing updated: 10/28/2024 at 7:04 PM

Listed by: Saurabh Vasudeva, Samson Properties Phone #: (703) 378-8810

MLS: Bright #MDBA2140968

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