104 Mountain Rd Unit 1A · Glen Burnie, MD 21060

$179,999

2 bd · 1.0 ba · 819 sqft · Condo public records · 12 Days on market

Built 1985 $220/sqft · 8% below area Est $197k · 8% under $330/mo HOA · 16% of rent

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Why this score? — see what drove the C- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +17.0/30.0
• ARV discount +11.3/15.0
• 1% rule +6.2/10.0
• DSCR +5.3/10.0
• Livability +3.6/5.0
• Rent growth +3.4/5.0
• Schools +2.9/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Sparkling clean condo with nearly new carpet and some newer appliances. Freshly painted. Living room has sliders leading to your private patio. Second bedroom has built in shelving. Unit is being sold "AS-IS" but is in good condition. Condo fee includes water and sewer. Cash or conventional financing. No FHA. Seller prefers to use Perfection Title in Pasadena.

Key facts

• $330 HOA
• Parking
• Built 1985

Property features AI

Finance

• HOA & community: Monthly condo fee of $330 covering common area maintenance, lawn maintenance, management, parking fee, reserve funds, and snow removal; Property manager present; Common grounds

Exterior

• Parking: Parking lot with 1 space; Total of 1 garage/parking space
• Utilities: Public water; Public sewer; Circuit breaker electric; Cable TV available
• Home design: Condominium unit (garden-style building, 1–4 floors); Unit/flat; Entry on level 1; Estimated year built
• Construction: Combination construction materials; Slab and concrete perimeter foundation; Roof condition unknown
• Exterior features: Not in a federal flood zone; Common grounds (community)

Interior

• Bedrooms: 2 bedrooms on the main level
• Flooring: Carpet flooring
• Bathrooms: 1 full bathroom on the main level
• Heating & cooling: Forced air heating; Central air conditioning; Ceiling fans; Electric cooling fuel; Natural gas hot water
• Interior features: Sliding glass door; Drywall walls and ceilings
• Laundry & utility: Washer and dryer in unit

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath condo listed at $180k.

Deal economics

• At list price, monthly cash flow is $121 ($1k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $180k).
• Cap rate 7.1% vs local median 4.4% in Glen Burnie — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 72/100 on livability (#135 in MD) — a middle-class / working-renter tenant base. Strengths: commute A+, employment A+, housing A+; Watch: cost of living C-, schools D-, crime F.
• Anne Arundel County Public Schools (suburban): math 20% / reading 37% proficiency, ranked #10 of 24 in MD (top 42%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Market conditions: Rents rising (+3.4%/yr); 164 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals leasing fast (median 3d on market — plan ~1-2 weeks tenant-placement turnaround); solid renter incomes; 1,303 units permitted in Anne Arundel County in 2024 (299 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
• Anne Arundel County population projected at +17% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• Only 12 days on market — expect competitive offers; lowballing is unlikely to land.
• 4 sale attempts since 15y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $110k; list at $180k implies a 64% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $179,999

Questions for the listing agent

1. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
2. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
5. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
8. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.12% ✓
• Cap rate: 7.10%
• Cash-on-cash: 2.89%
• DSCR: 1.13
• GRM: 7.5

CMA / ARV

• ARV (median comp): $196,571
• List price: $179,999
• Delta: -8.43%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Projected returns pro-forma

-3.0% appreciation · 3.44% rent growth · sell at horizon

5-year hold

• IRR: -11.1%
• Equity multiple: 0.60×
• Total profit: $-20,381
• Equity at exit: $26,838

10-year hold

• IRR: -1.0%
• Equity multiple: 0.93×
• Total profit: $-3,423
• Equity at exit: $15,563

Cash invested: $50,400 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 27 Tenant-Leaning
• State Maryland: 27 Tenant-Leaning · D+14
• County: — inherits STATE
• City: — inherits STATE

Failure-to-pay is dismissed if cured before judgment; Baltimore has just-cause; strict deposit rules.

Methodology + full state rankings →

ZIP-level market 21060

• Rents YoY: 3.4%
• Active inventory: 164
• Price-to-rent: 7.5×

Monthly cashflow live

• Estimated rent: $2,008 high
• Mortgage (P&I): −$944
• Tax from tax record: −$116 /mo · $1,397/yr
• Insurance: −$75
• HOA: −$330
• Vacancy / Maint / Mgmt: −$422
• Net cashflow: $121

Break-even live

Break-even rent $1,855

Max offer price $179,999

Occupancy floor 89%

Sensitivity live

Price	-10% $223	-5% $172	+0% $121	+5% $70	+10% $19
Rent	-10% $-37	-5% $42	+0% $121	+5% $201	+10% $280
Rate	-1.0pp $212	-0.5pp $167	base $121	+0.5pp $75	+1.0pp $27

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $45,000
• Closing costs: $5,400
• Reserves months: —
• Total cash needed: —

Rent comps 5 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
108 Mountain Rd Unit 3D Glen Burnie, MD	2.0	1.0	819	$1,900	$2.32	24d	1	0.05mi
8009 Cameryn Pl Pasadena, MD	2.0–3.0	2.0	1217	$2,345	$1.93	3d	9	0.28mi
8115 Evening Star Dr Pasadena, MD	1.0–3.0	1.0–2.0	1213	$2,745	$2.26	2d	32	0.38mi
7806 Southampton Dr Glen Burnie, MD	2.0	1.0	609	$1,554	$2.55	3d	45	0.69mi
7847 Americana Cir Glen Burnie, MD	1.0–3.0	1.0–2.0	891	$1,884	$2.11	5d	17	0.94mi

HOA detail condo

• Monthly dues: $330 · $3,960/yr
• Likely covers: watersewer
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 35 events

1. 2026-06-18
   days on market $179,999 Active 12 DOM
2. 2026-06-17
   price $179,999 Active 11 DOM
3. 2026-06-17
   days on market $187,999 Active 11 DOM
4. 2026-06-16
   days on market $187,999 Active 10 DOM
5. 2026-06-15
   days on market $187,999 Active 9 DOM
6. 2026-06-13
   days on market $187,999 Active 7 DOM
7. 2026-06-09
   days on market $187,999 Active 3 DOM
8. 2026-06-08
   days on market $187,999 Active 2 DOM
9. 2026-06-07
   remarks 699-char remark
10. 2026-06-07
    statusdays on market $187,999 Active 1 DOM
11. 2026-06-04
    days on market $187,999 Coming Soon 37 DOM
12. 2026-06-03
    days on market $187,999 Coming Soon 36 DOM
13. 2026-06-02
    days on market $187,999 Coming Soon 35 DOM
14. 2026-06-01
    days on market $187,999 Coming Soon 34 DOM
15. 2026-05-31
    days on market $187,999 Coming Soon 33 DOM
16. 2026-04-28
    historical $187,999 699-char remark
17. 2018-12-04
    soldstatus $110,000
18. 2018-11-27
    soldstatus $110,000 Closed 372-char remark

    Show marketing remark (372 chars)

    Sparkling clean condo with nearly new carpet and some newer appliances. Freshly painted. Living room has sliders leading to your private patio. Second bedroom has built in shelving. Unit is being sold "AS-IS" but is in good condition. Condo fee includes water and sewer. Cash or conventional financing. No FHA. Seller prefers to use Perfection Title in Pasadena.

19. 2018-11-20
    status Pending 372-char remark

    Show marketing remark (372 chars)

    Sparkling clean condo with nearly new carpet and some newer appliances. Freshly painted. Living room has sliders leading to your private patio. Second bedroom has built in shelving. Unit is being sold "AS-IS" but is in good condition. Condo fee includes water and sewer. Cash or conventional financing. No FHA. Seller prefers to use Perfection Title in Pasadena.

20. 2018-10-22
    historical Active Under Contract 372-char remark

    Show marketing remark (372 chars)

    Sparkling clean condo with nearly new carpet and some newer appliances. Freshly painted. Living room has sliders leading to your private patio. Second bedroom has built in shelving. Unit is being sold "AS-IS" but is in good condition. Condo fee includes water and sewer. Cash or conventional financing. No FHA. Seller prefers to use Perfection Title in Pasadena.

21. 2018-10-16
    listed $110,000 Active 372-char remark

    Show marketing remark (372 chars)

    Sparkling clean condo with nearly new carpet and some newer appliances. Freshly painted. Living room has sliders leading to your private patio. Second bedroom has built in shelving. Unit is being sold "AS-IS" but is in good condition. Condo fee includes water and sewer. Cash or conventional financing. No FHA. Seller prefers to use Perfection Title in Pasadena.

22. 2011-12-21
    soldstatus $60,000

    Show marketing remark (367 chars)

    ENTRY LEVEL CONDO IN SUN VALLEY , GREAT LOCATION CONVENIENT TO SHOPPING AND MAJOR ROUTES 2 BEDROOM 1 BATH , BUILT IN BOOKCASES , FIREPLACE , PATIO LOTS OF CLOSETS WASHER/DRYER IN UNIT , NEEDS CARPET AND PAINT, PROPERTY SOLD AS IS CLEAN OTHER THAN CARPET AND PAINT , GREAT INVESTOR OR FIRST HOME, LOCKED FRONT DOOR SECURITY WITH INTERCOM, DISCLOSURES AT VIEW DOCUMENTS

23. 2011-12-21
    soldstatus $60,000 Sold

    Show marketing remark (367 chars)

    ENTRY LEVEL CONDO IN SUN VALLEY , GREAT LOCATION CONVENIENT TO SHOPPING AND MAJOR ROUTES 2 BEDROOM 1 BATH , BUILT IN BOOKCASES , FIREPLACE , PATIO LOTS OF CLOSETS WASHER/DRYER IN UNIT , NEEDS CARPET AND PAINT, PROPERTY SOLD AS IS CLEAN OTHER THAN CARPET AND PAINT , GREAT INVESTOR OR FIRST HOME, LOCKED FRONT DOOR SECURITY WITH INTERCOM, DISCLOSURES AT VIEW DOCUMENTS

24. 2011-11-25
    status Contract

    Show marketing remark (367 chars)

    ENTRY LEVEL CONDO IN SUN VALLEY , GREAT LOCATION CONVENIENT TO SHOPPING AND MAJOR ROUTES 2 BEDROOM 1 BATH , BUILT IN BOOKCASES , FIREPLACE , PATIO LOTS OF CLOSETS WASHER/DRYER IN UNIT , NEEDS CARPET AND PAINT, PROPERTY SOLD AS IS CLEAN OTHER THAN CARPET AND PAINT , GREAT INVESTOR OR FIRST HOME, LOCKED FRONT DOOR SECURITY WITH INTERCOM, DISCLOSURES AT VIEW DOCUMENTS

25. 2011-11-25
    historical

    Show marketing remark (367 chars)

    ENTRY LEVEL CONDO IN SUN VALLEY , GREAT LOCATION CONVENIENT TO SHOPPING AND MAJOR ROUTES 2 BEDROOM 1 BATH , BUILT IN BOOKCASES , FIREPLACE , PATIO LOTS OF CLOSETS WASHER/DRYER IN UNIT , NEEDS CARPET AND PAINT, PROPERTY SOLD AS IS CLEAN OTHER THAN CARPET AND PAINT , GREAT INVESTOR OR FIRST HOME, LOCKED FRONT DOOR SECURITY WITH INTERCOM, DISCLOSURES AT VIEW DOCUMENTS

26. 2011-11-09
    listed $62,900 Active

    Show marketing remark (367 chars)

    ENTRY LEVEL CONDO IN SUN VALLEY , GREAT LOCATION CONVENIENT TO SHOPPING AND MAJOR ROUTES 2 BEDROOM 1 BATH , BUILT IN BOOKCASES , FIREPLACE , PATIO LOTS OF CLOSETS WASHER/DRYER IN UNIT , NEEDS CARPET AND PAINT, PROPERTY SOLD AS IS CLEAN OTHER THAN CARPET AND PAINT , GREAT INVESTOR OR FIRST HOME, LOCKED FRONT DOOR SECURITY WITH INTERCOM, DISCLOSURES AT VIEW DOCUMENTS

27. 2011-11-09
    listed $62,900

    Show marketing remark (367 chars)

    ENTRY LEVEL CONDO IN SUN VALLEY , GREAT LOCATION CONVENIENT TO SHOPPING AND MAJOR ROUTES 2 BEDROOM 1 BATH , BUILT IN BOOKCASES , FIREPLACE , PATIO LOTS OF CLOSETS WASHER/DRYER IN UNIT , NEEDS CARPET AND PAINT, PROPERTY SOLD AS IS CLEAN OTHER THAN CARPET AND PAINT , GREAT INVESTOR OR FIRST HOME, LOCKED FRONT DOOR SECURITY WITH INTERCOM, DISCLOSURES AT VIEW DOCUMENTS

28. 1995-10-27
    soldstatus $57,000
29. 1994-04-26
    soldstatus $64,000
30. 1991-03-13
    soldstatus $68,000
31. 1989-05-03
    soldstatus $58,000
32. 1988-09-29
    soldstatus $58,800
33. 1988-06-30
    soldstatus $59,000
34. 1988-04-25
    soldstatus $57,000
35. 1984-07-20
    soldstatus $42,658

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast MD · Partial reset (capped growth)

• Current annual tax: $1,397 · $116/mo
• Projected year-2 tax: $1,680 · $140/mo
• Expected delta: +$282/yr (+$24/mo · 20.2%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 8/10 Severe 7 d/yr ≥103°F today · 15 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 6 by 30 yrs out

Taxation est. · year 1

• Rental income: $24,102
• − Mortgage interest: −$10,083
• − Property taxes: −$1,397
• − Insurance: −$900
• − Repairs & maintenance: −$1,928
• − Management: −$1,928
• − HOA: −$3,960
• − Depreciation: −$5,236
• Taxable loss: −$1,331
• Est. tax savings @ 24.0%: +$319
• After-tax cash flow: $1,775/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Anne Arundel County Public Schools
• NCES district ID: 2400060
• Math proficiency: 20% ▼ -21.00%
• Reading proficiency: 37% ▼ -13.00%
• Median HH income: $87,880
• Composite: 28.52/100
• National rank: #6733
• State rank: #10 of 24 in MD

Livability — Glen Burnie

• Score: 72/100
• State rank: #135
• US rank: #5815

Category grades

Amenities F Commute A+ Cost of living C- Crime F Employment A+ Housing A+ Health & safety C User ratings C

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Glen Burnie, MD
• County: Anne Arundel County · 535,653 people
• City population: 96,960
• Metro: Baltimore-Columbia-Towson, MD
• Population (ZIP): 39,730
• Household income: $104,715
• Rent vs Own: 22.6% rent · 77.4% own
• Severe rent burden: 976.0

Population outlook (Anne Arundel County) Hauer SSP2

• Today (2025): 617,384 people
• By 2030: 642,094 · +4.0%
• By 2040: 686,621 · +11.2%
• By 2050: 723,031 · +17.1%
• By 2075: 809,346 · +31.1%
• By 2100: 837,658 · +35.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.62)
• Race & ethnicity: White 55% Black 24% Hispanic / Latino 12% Two or more races 7% Asian 4%
• Hispanic origin (detail): Mexican 3% Puerto Rican 2%
• Common ancestry: Romanian 5% Slovak 1% Italian 1%
• Foreign-born: 12% · Canada, China, Jamaica
• Languages at home: 85% English-only · Spanish 9% Other Indo-European 2% Tagalog/Filipino 1%

Political lean MEDSL · Anne Arundel

• 2024 margin: D (+13.9) · D 55.7% · R 41.7% · Other 2.6%
• 2008→2024 swing: +15.7pp toward D · 2008: -1.8pp · 2024: 13.9pp
• All cycles: 2024: D+13.9 2020: D+14.5 2016: D+0.7 2012: R+0.9 2008: R+1.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -305.56%
• Current HPI: 304.5692
• Rent YoY: ▲ 3.44%
• Metro: Baltimore-Columbia-Towson, MD
• State GDP YoY: ▲ 2.97%
• F500 in state: 12

Industry mix (Fortune 500 HQ in MD)

Industry	F500 HQs	Revenue
▸Aerospace / Defense	1	$71B
▸Utilities	1	$25B
▸Hotels	1	$24B
▸Consumer Goods	1	$7B
▸Real Estate	1	$6B
▸Chemicals	1	$2B

Price history

+322.0% since first listed

22 events — show timeline

• 2026-06-17 Price Changed $179,999 BRIGHT MLS
• 2026-06-06 Listed $187,999 BRIGHT MLS
• 2026-04-28 Coming Soon $187,999 BRIGHT MLS
• 2018-12-04 Sold (Public Records) $110,000 Public Records
• 2018-11-27 Sold (MLS) $110,000 BRIGHT MLS
• 2018-11-20 Pending — BRIGHT MLS
• 2018-10-22 Contingent — BRIGHT MLS
• 2018-10-16 Listed $110,000 BRIGHT MLS
• 2011-12-21 Sold (MLS) $60,000 MRIS
• 2011-12-21 Sold (MLS) $60,000 BRIGHT MLS
• 2011-11-25 Pending — MRIS
• 2011-11-25 Listing Removed — BRIGHT MLS
• 2011-11-09 Listed $62,900 MRIS
• 2011-11-09 Listed $62,900 BRIGHT MLS
• 1995-10-27 Sold (Public Records) $57,000 Public Records
• 1994-04-26 Sold (Public Records) $64,000 Public Records
• 1991-03-13 Sold (Public Records) $68,000 Public Records
• 1989-05-03 Sold (Public Records) $58,000 Public Records
• 1988-09-29 Sold (Public Records) $58,800 Public Records
• 1988-06-30 Sold (Public Records) $59,000 Public Records
• 1988-04-25 Sold (Public Records) $57,000 Public Records
• 1984-07-20 Sold (Public Records) $42,658 Public Records

Property tax history

+4.7%/yr

Latest (2025): $1,397 · +6.2% YoY. Source: county tax records.