tomo logo

$460,999

Beds
4
Baths
3.0
sq ft
1,432

8517 Chestnut Avenue, Bowie, MD 20715

8517 Chestnut Avenue

BOWIE, MD 20715

  • 12 days on market
Come check out this beautiful home, large updated kitchen featuring a island/breakfast bar, with granite counter top and stainless steel appliances. 4th bedroom on main level with half bath, can be used for office, den, library or whatever your heart desires. Upstairs a Master Bedroom with a lovely updated master bathroom. Note: Partial basement/sitting room/hobby room/library completely finished and so adorable. 2 large storage sheds and well landscaped yard.

Details

Property type

Single Family Residence

Est. home value

$425,943

Lot size

0.26 acres

Price per sq ft

$322

Year built

1903

Annual property taxes

$4,915

HOA

No

Price History

11/04/2024
Bright

Bright #MDPG2131258

Listed
$460,999
+28.06%
02/28/2020
BrightMLS

BrightMLS #MDPG545656

Sold
$359,999
+105.71%
04/04/2019
Bright

Bright #MDPG503682

Sold
$175,000

Schools & Community

Elementary school: 

ROCKLEDGE

Middle school: 

SAMUEL OGLE

High school: 

BOWIE

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

$103,718
Asking price
$460,999
Closing costs (~8% of asking)
-$36,880
Est. remaining loan balance
-$320,401
Cash to seller
$103,718

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

Seller’s Loan History

Lender

Freedom Mortgage Corp

Loan start date

February 2020

Original loan amount

$353,478

Est. remaining balance

$320,401

Interest rate

3.64%

Loan type

FHA, 30 year

Seller

Vinita Renee Gibson

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 2:50 AM

Listing updated: 11/05/2024 at 8:04 PM

Listed by: Joseph Haynes Jr., Trademark Realty, Inc Phone #: (301) 441-1100

MLS: Bright #MDPG2131258

Bright logo

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