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$325,000

Beds
2
Baths
1.0
sq ft
1,002

817 Woodrow Ave, Essex, MD 21221

817 Woodrow Ave

ESSEX, MD 21221

  • 14 days on market
    • Price drop $35,000↓
Welcome to 817 Woodrow an incredible opportunity awaits! This property boasts a double lot with 2 bedrooms, 1 bathroom, and recent upgrades including a new roof, siding, and windows. Nestled on a peaceful street close to schools and shopping, this waterfront parcel spans .5 acres and is situated on the serene Back River with a bulkhead and no HOA restrictions. Approved for a pier, this lot offers access to navigable waters. The ranch-style home features oil heat, a new electric water heater, city water and sewer connections. Enjoy the tranquil surroundings from the spacious lot, and take advantage of the partial basement and included appliances. Additionally, there is an oversized detached garage/workshop/storage space and wood stove. This property presents a fantastic opportunity for those ready to roll up their sleeves and make it their own. Don't miss out – schedule a showing today and unlock the full potential of this remarkable opportunity to experience waterfront living with access to the Chesapeake Bay. This Homes Roof, Windows and Siding have all been replaced within the last 4 years

Details

Property type

Single Family Residence

Est. home value

$326,861

Lot size

0.56 acres

Price per sq ft

$325

Year built

1921

Annual property taxes

$3,425

HOA

No

Price History

07/03/2024

Bright #MDBC2094792

Price change
$325,000
-9.72%
06/26/2024

Bright #MDBC2094792

Listed
$360,000
+60%
06/16/2020

Bright #MDBC487126

Sold
$225,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

-$19,265,037
Asking price
$325,000
Closing costs (~8% of asking)
-$26,000
Est. remaining loan balance
-$19,564,037
Cash to seller
-$19,265,037

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

Seller’s Loan History

Lender

Academy Mortgage Corp

Loan start date

June 2020

Original loan amount

$21,367,300

Est. remaining balance

$19,564,037

Interest rate

3.23%

Loan type

New Conventional, 30 year

Seller

Serena Brimlow

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: 07/06/2024 at 2:40 AM

Listing updated: 07/03/2024 at 11:33 AM

Listed by: Justin Kennedy, Keller Williams Flagship of Maryland Phone #: (410) 729-7700

MLS: Bright #MDBC2094792

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