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$557,082Estimated home value

Beds
3
Baths
3.5
sq ft
2,379

8815 Lew Wallace Rd, Frederick, MD 21704

8815 Lew Wallace Rd

FREDERICK, MD 21704

  • Off market
This well-maintained home features a gourmet kitchen with gas cooking, stainless steel appliances including a brand-new convection microwave, an abundance of 42" cabinets, granite countertops, a breakfast bar/island and pantry. The family room with gas fireplace has gleaming hardwood floors and leads you to a maintenance-free deck. The main level has a bedroom and full bathroom with an atrium door to the beautifully landscaped yard with no grass to mow and a 2-car detached garage. You'll love that there are 2 owners' suites each with their own tiled baths in the upper level. The Villages of Urbana emphasizes community events, recreational activities, and a friendly environment boasting a range of amenities such as parks, a variety of swimming pools, sports fields, and community centers. Its close proximity to major employment centers, commuter routes, urban amenities, shopping centers and dining options make the location a perfect 10! Walking distance to community pools and Urbana District Park. You're going to love it here! BUYER WAS NOT ABLE TO SECURE FINANCING BY SETTLEMENT DATE. THEIR LOSS IS YOUR GAIN.

Details

Property type

Townhouse

Est. home value

$557,082

Lot size

2,147 sq ft

Price per sq ft

$259

Year built

2002

Annual property taxes

$4,698

Monthly HOA fee

$154

Price History

09/11/2024
Bright

Bright #MDFR2050484

Removed
$615,000
08/09/2024
Bright

Bright #MDFR2050484

Price change
$615,000
+2.67%
07/15/2024
Bright

Bright #MDFR2050484

Pending
$599,000

Schools & Community

Elementary school: 

URBANA

Middle school: 

URBANA

High school: 

URBANA

Community features: 

Pool, Sidewalks

School district: 

FREDERICK 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

$229,640
Asking price
$615,000
Closing costs (~8% of asking)
-$49,200
Est. remaining loan balance
-$336,160
Cash to seller
$229,640

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

Seller’s Loan History

Lender

Townebank Mortgage

Loan start date

September 2020

Original loan amount

$369,000

Est. remaining balance

$336,160

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Kevin D Rihn

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: Off Market

Tomo last checked: 09/28/2024 at 8:35 PM

Listing updated: 09/10/2024 at 5:46 PM

Listed by: Chris R Reeder, Long & Foster Real Estate, Inc. Phone #: (301) 644-1086

MLS: Bright #MDFR2050484

Bright logo

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