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$384,500

Beds
4
Baths
3.0
sq ft
2,349

8814 Lafayette Dr, Owings, MD 20736

8814 Lafayette Dr

OWINGS, MD 20736

  • 118 days on market
    • Price drop $15,000↓
REDUCED --- If you're looking for a great home with good bones and tremendous potential, this is it! A raised rambler with 3-4 Bedrooms, 3 Bathrooms, central air and heat with wonderful outdoor space and loads of upside value awaits the savvy buyer that recognizes a good deal when they see it. Hardwood floors and great room sizes are among the attributes you'll greatly appreciate in this home in Paris Estates. Create your own oasis.

Details

Property type

Single Family Residence

Est. home value

$409,209

Lot size

0.6 acres

Price per sq ft

$164

Year built

1975

Annual property taxes

$4,351

HOA

No

Price History

11/12/2024
Bright

Bright #MDCA2016396

Price change
$384,500
-3.75%
07/29/2024
Bright

Bright #MDCA2016396

Listed
$399,500

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

NORTHERN

School district: 

CALVERT 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

$187,820
Asking price
$384,500
Closing costs (~8% of asking)
-$30,760
Est. remaining loan balance
-$165,920
Cash to seller
$187,820

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

Seller’s Loan History

Lender

Monarch Bank

Loan start date

August 2012

Original loan amount

$231,000

Est. remaining balance

$165,920

Interest rate

3.71%

Loan type

New Conventional, 30 year

Seller

Diane Lynn Petralia

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: 11/23/2024 at 10:50 PM

Listing updated: 11/11/2024 at 7:34 PM

Listed by: Jocelyn A McClure, RE/MAX Allegiance Phone #: (202) 547-5600

MLS: Bright #MDCA2016396

Bright logo

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