Seller's Agent in 2022
Michael Cerrito
Cerrito Realty, LLC
(301) 908-1039
16 in this area
72 Total Sales
Estimated Value: $416,000 - $501,000
Buyers only need to qualify for $356,000 to buy this $445,000 home! Yes, you read that right. Seller is providing ZERO INTEREST / ZERO MONTHLY PAYMENT / FORGIVABLE INCREMENTALLY OVER 15 YEARS 2nd trust for up to $89,000. ($356,000 + $89,000 = $445,000). This is not a gimmick, it's a once in a lifetime opportunity to own a $445,000 townhouse for the monthly cost of a $356,000 townhouse. And buyers can use whatever lender they want for the $356,000 first trust.
This beautiful townhouse is only 3 years old! Built in 2018, this home features a wide open living level with gorgeous laminate flooring, a brand new kitchen with all new appliances, a huge island, quartz countertops, a formal dining area, and access to a back deck. The upper level features three bedrooms and two full bathrooms, including a spacious primary suite with a full primary bathroom and a huge walk-in closet. On the lower level, you will find a rec room with access to the new back patio, a half bathroom, and an oversized 1-car garage with lots of storage space. Buyer(s) of this home must be first-time home buyers at or below 80% of the median area income and must complete HIP's homebuyer education program and one-on-one counseling with a HUD-certified counselor prior to settlement. Buyer(s) must qualify for a $356,000 mortgage loan. The seller, Housing Initiative Partnership, will provide an $89,000 2nd Deed of Trust to cover the difference between the contract price and the mortgage loan amount. The 2nd Deed of Trust has 0% interest, no monthly payments, and is 100% forgivable after living in the property for 15 years.
Last Agent to Sell the Property
(301) 780-5880 cerritorealty@verizon.net Cerrito Realty, LLC License #93119 Listed on: 12/09/2021
Co-Listed By
(301) 780-5880 cerritorealty@verizon.net Cerrito Realty, LLC License #676255
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $445,000 | Milestone Title | ||
| $382,089 | Milestone Title Llc | ||
| $375,000 | None Available | ||
| $360,000 | First Excel Title Llc |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | $89,000 | ||
| Closed | $346,382 | ||
| Closed | $349,200 | ||
| Closed | -- | ||
| Closed | $349,200 |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/11/2022 02/11/22 | Sold | $445,000 | 0.0% | $244 / Sq Ft | |
| 01/07/2022 01/07/22 | Pending | -- | -- | -- | |
| 12/09/2021 12/09/21 | For Sale | $445,000 | +16.5% | $244 / Sq Ft | |
| 08/27/2021 08/27/21 | Sold | $382,089 | 0.0% | $209 / Sq Ft | View Prior Sale |
| 07/12/2021 07/12/21 | Off Market | $382,089 | -- | -- | |
| 07/08/2021 07/08/21 | Pending | -- | -- | -- | |
| 07/08/2021 07/08/21 | For Sale | $382,089 | -- | $209 / Sq Ft |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,404 | $435,567 | -- | -- |
| 2024 | $6,404 | $405,533 | -- | -- |
| 2023 | $4,176 | $375,500 | $75,000 | $300,500 |
| 2022 | $5,549 | $348,067 | $0 | $0 |
| 2021 | $7,508 | $320,633 | $0 | $0 |
| 2020 | $4,734 | $293,200 | $75,000 | $218,200 |
| 2019 | $4,199 | $293,200 | $75,000 | $218,200 |
| 2018 | $4,378 | $293,200 | $75,000 | $218,200 |
| 2017 | $77 | $5,200 | $0 | $0 |
Seller's Agent in 2022
Michael Cerrito
Cerrito Realty, LLC
(301) 908-1039
16 in this area
72 Total Sales
Seller Co-Listing Agent in 2022
Andrew Cerrito
Cerrito Realty, LLC
(301) 938-1592
20 in this area
83 Total Sales
Buyer's Agent in 2022
Tommy Sowole
Delta Exclusive Realty, LLC
(202) 469-1360
1 in this area
113 Total Sales
Seller's Agent in 2021
Mike Lavin
Home Source Real Estate Solutions
(301) 938-2980
1 in this area
12 Total Sales
Source: Bright MLS
MLS Number: MDPG2019956
APN: 13-5580656
Ask me questions while you tour the home.