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$325,000

Beds
3
Baths
1.5
sq ft
1,150

8430 New Hampshire Avenue, Silver Spring, MD 20903

8430 New Hampshire Avenue

SILVER SPRING, MD 20903

  • 1 day on market
Discover the perfect investment opportunity! This duplex offers spacious living with great potential for customization and value-add improvements, ideal for investors or homeowners looking to add personal touches to their space. While this property needs some TLC, it presents an exciting fixer-upper project in a prime location. Property is being sold strictly AS-IS, seller will NOT make any repairs. Located just minutes from the Capital Beltway (I-495), this property provides easy access to Washington, D.C., Baltimore, and surrounding areas, making it attractive for commuters. The bustling Silver Spring area offers a variety of shopping, dining, and entertainment options nearby, including the vibrant Downtown Silver Spring and Takoma Park neighborhoods.

Details

Property type

Duplex

Est. home value

$313,566

Lot size

3,750 sq ft

Price per sq ft

$283

Year built

1950

Annual property taxes

$3,579

HOA

No

Price History

11/13/2024
Bright

Bright #MDPG2131986

Listed
$325,000
+9.24%
03/15/2022
Bright

Bright #MDPG2022716

Sold
$297,500
+29.4%
11/05/2018
Bright

Bright #1007916476

Sold
$229,900

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

PRINCE GEORGE'S 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

$25,019
Asking price
$325,000
Closing costs (~8% of asking)
-$26,000
Est. remaining loan balance
-$273,981
Cash to seller
$25,019

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

Seller’s Loan History

Lender

George Mason Mortgage Llc

Loan start date

March 2022

Original loan amount

$288,575

Est. remaining balance

$273,981

Interest rate

3.55%

Loan type

New Conventional, 30 year

Seller

Bonny Chaikaew Oneill and Charles Chaikaew

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: 11/14/2024 at 11:30 AM

Listing updated: 11/14/2024 at 7:09 AM

Listed by: Simone L Reid, Century 21 Harris Hawkins & Co. Phone #: (410) 321-1035

MLS: Bright #MDPG2131986

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