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$540,000

Beds
5
Baths
2.0
sq ft
1,855

9632 Cottrell Ter, Silver Spring, MD 20903

9632 Cottrell Ter

SILVER SPRING, MD 20903

  • 94 days on market
    • Price drop $15,000↓
Look no more here is the house for you in a family-oriented neighborhood that is within walking distance transportation, grocery stores many other amenities. Known for its family-friendly atmosphere, community features parks, schools, and shopping, neighborhoods here are within walking distance of grocery stores. Many upgrades on this fantastic 2 levels Capcode and large back yard for those happy BBQ times with family and friends.

Details

Property type

Single Family Residence

Est. home value

$496,315

Lot size

6,195 sq ft

Price per sq ft

$292

Year built

1951

Annual property taxes

$5,160

HOA

No

Price History

09/05/2024
Bright

Bright #MDMC2143996

Listed
$540,000
+20%
07/15/2022
Bright

Bright #MDMC2051222

Sold
$450,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

MONTGOMERY 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

$70,412
Asking price
$540,000
Closing costs (~8% of asking)
-$43,200
Est. remaining loan balance
-$426,388
Cash to seller
$70,412

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

Seller’s Loan History

Lender

Nationwide Mortgage Bankers Inc

Loan start date

July 2022

Original loan amount

$441,849

Est. remaining balance

$426,388

Interest rate

5.1%

Loan type

FHA, 30 year

Seller

Fredis A Marquez and Maria G Marquez

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: 11/15/2024 at 12:55 AM

Listing updated: 09/24/2024 at 12:27 AM

Listed by: Eliseo Morales, Deausen Realty Phone #: (301) 299-4074

MLS: Bright #MDMC2143996

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