104 Mountain Rd Unit 3A · Glen Burnie, MD 21060

$199,999

2 bd · 1.0 ba · 819 sqft · Condo public records · 46 Days on market

Built 1985 $244/sqft · 11% above area Est $197k · at est. $330/mo HOA · 16% of rent

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Why this score? — see what drove the D 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 +13.5/30.0
• ARV discount +6.8/15.0
• 1% rule +5.0/10.0
• DSCR +4.1/10.0
• 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

Coming Soon! Nicely updated, upper level 2BR 1BA condo is move-in ready. Enjoy spacious living with an open floor plan and vaulted ceilings. The combination living/dining room is light-filled and has access to the private balcony. Enjoy a recently updated kitchen, plenty of storage and in-unit laundry. Located in a secure building with plenty of parking. Close to shopping & restaurants as well as near major commuting routes. No FHA or VA.

Key facts

• Quartz countertops
• Open-concept kitchen
• Modern finishes

Tags

• MODERN FINISHES
• OPEN-CONCEPT KITCHEN
• FULLY UPDATED KITCHEN
• NEW CABINETRY
• QUARTZ COUNTERTOPS
• GE APPLIANCES

Property features AI

Finance

• HOA & community: Monthly condo fee of $330; HOA covers common area maintenance, exterior building maintenance, insurance, front/rear/side lawn care, lawn maintenance, management, water, trash, and snow removal; Community amenities include common grounds

Exterior

• Parking: One assigned parking space; Additional unassigned parking available; Off-street parking and parking lot
• Utilities: Public water; Public sewer; Natural gas available; Hot water: natural gas; Internet: fiber optic and cable
• Home design: Condominium unit; Penthouse unit in a garden-style building (1–4 floors); Entry on 3rd floor
• Construction: Brick construction; Building name: SUN VALLEY; Penthouse structure type; Year major remodel/renovation: 2026 (effective); Year built source estimated
• Exterior features: Above-grade and below-grade structures noted; No tidal water

Interior

• Kitchen: Built-in range; Gas oven/range; Dishwasher; Disposal; Refrigerator; Exhaust fan
• Bedrooms: Two bedrooms on the main level
• Flooring: Carpet
• Bathrooms: One full bathroom on the main level
• Heating & cooling: Forced air heating (natural gas); Central air conditioning; Ceiling fan(s)
• Interior features: Carpeted areas; Ceiling fan(s); Open floor plan; Combination dining and living area; Dining area; Galley kitchen; Tub/shower
• Laundry & utility: Washer and dryer included; Washer/dryer stacked; Washer/dryer hook-up in unit; Water heater

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath condo listed at $200k.

Deal economics

• At list price, monthly cash flow is $8 ($93/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $200k).
• Recommended offer: $194k (3.0% below list) — sets the bar for market timing.
• Cap rate 6.3% 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-, crime F, amenities 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.
• Zoned schools: Monarch Global Academy Pcs Laurel Campus (math 13% / reading 28%, grade F, #341 of 860 statewide, top 40%, 830 students, 53% FRL); Marley Middle (math 3% / reading 22%, grade F, #200 of 225 statewide, top 89%, 924 students, 73% FRL); Glen Burnie High (math 24% / reading 56%, grade F, #131 of 222 statewide, top 60%, 2,324 students, 61% FRL) — zoned schools average 62% FRL vs 25% district-wide (37 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising (+3.4%/yr); 166 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals leasing fast (median 1d 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 $6k 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

• It's been on market 46 days — a 3% lower offer ($194k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 9y ago; this cycle's ask is 11042% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
• Current owner paid $155k; 29% above their basis — modest negotiation headroom, anchor on the comps not their cost.

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 $193,999 (3.0% below list)

Questions for the listing agent

1. It's been on market 46 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. 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?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. 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?
7. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
8. 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.
9. 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.
10. 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: 1.00% ✓
• Cap rate: 6.34%
• Cash-on-cash: 0.17%
• DSCR: 1.01
• GRM: 8.3

CMA / ARV

• ARV (median comp): $197,116
• List price: $199,999
• Delta: 1.46%
• 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: -15.4%
• Equity multiple: 0.45×
• Total profit: $-30,869
• Equity at exit: $29,821

10-year hold

• IRR: -5.9%
• Equity multiple: 0.61×
• Total profit: $-21,931
• Equity at exit: $17,292

Cash invested: $56,000 (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: 166
• Price-to-rent: 8.3×

Monthly cashflow live

• Estimated rent: $2,008 high
• Mortgage (P&I): −$1,049
• Tax from tax record: −$116 /mo · $1,397/yr
• Insurance: −$83
• HOA: −$330
• Vacancy / Maint / Mgmt: −$422
• Net cashflow: $8

Break-even live

Break-even rent $1,998

Max offer price $199,999

Occupancy floor 95%

Sensitivity live

Price	-10% $121	-5% $64	+0% $8	+5% $-49	+10% $-105
Rent	-10% $-151	-5% $-72	+0% $8	+5% $87	+10% $166
Rate	-1.0pp $109	-0.5pp $59	base $8	+0.5pp $-44	+1.0pp $-97

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: $50,000
• Closing costs: $6,000
• 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	26d	1	0.05mi
8009 Cameryn Pl Pasadena, MD	2.0–3.0	2.0	1217	$2,345	$1.93	0d	8	0.28mi
8115 Evening Star Dr Pasadena, MD	1.0–3.0	1.0–2.0	1213	$2,745	$2.26	0d	31	0.38mi
7806 Southampton Dr Glen Burnie, MD	2.0	1.0	609	$1,554	$2.55	4d	45	0.69mi
7847 Americana Cir Glen Burnie, MD	1.0–3.0	1.0–2.0	891	$1,874	$2.10	0d	15	0.94mi

HOA detail condo

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

Listing history 27 events

1. 2026-06-21
   days on market $199,999 Active 46 DOM
2. 2026-06-18
   days on market $199,999 Active 43 DOM
3. 2026-06-17
   days on market $199,999 Active 42 DOM
4. 2026-06-16
   days on market $199,999 Active 41 DOM
5. 2026-06-15
   days on market $199,999 Active 40 DOM
6. 2026-06-13
   days on market $199,999 Active 38 DOM
7. 2026-06-09
   days on market $199,999 Active 34 DOM
8. 2026-06-08
   days on market $199,999 Active 33 DOM
9. 2026-06-07
   pricedays on market $199,999 Active 32 DOM
10. 2026-06-04
    days on market $209,500 Active 29 DOM
11. 2026-06-03
    days on market $209,500 Active 28 DOM
12. 2026-06-02
    days on market $209,500 Active 27 DOM
13. 2026-06-01
    days on market $209,500 Active 26 DOM
14. 2026-05-31
    days on market $209,500 Active 25 DOM
15. 2026-05-06
    listed $209,500 Active 890-char remark
16. 2026-04-15
    soldstatus $155,000
17. 2026-04-09
    listed $1,895
18. 2019-08-01
    soldstatus $112,000
19. 2019-07-26
    soldstatus $112,000 Closed 448-char remark

    Show marketing remark (448 chars)

    Coming Soon! Nicely updated, upper level 2BR 1BA condo is move-in ready. Enjoy spacious living with an open floor plan and vaulted ceilings. The combination living/dining room is light-filled and has access to the private balcony. Enjoy a recently updated kitchen, plenty of storage and in-unit laundry. Located in a secure building with plenty of parking. Close to shopping & restaurants as well as near major commuting routes. No FHA or VA.

20. 2019-06-27
    historical 448-char remark

    Show marketing remark (448 chars)

    Coming Soon! Nicely updated, upper level 2BR 1BA condo is move-in ready. Enjoy spacious living with an open floor plan and vaulted ceilings. The combination living/dining room is light-filled and has access to the private balcony. Enjoy a recently updated kitchen, plenty of storage and in-unit laundry. Located in a secure building with plenty of parking. Close to shopping & restaurants as well as near major commuting routes. No FHA or VA.

21. 2019-06-27
    listed $112,000 448-char remark

    Show marketing remark (448 chars)

    Coming Soon! Nicely updated, upper level 2BR 1BA condo is move-in ready. Enjoy spacious living with an open floor plan and vaulted ceilings. The combination living/dining room is light-filled and has access to the private balcony. Enjoy a recently updated kitchen, plenty of storage and in-unit laundry. Located in a secure building with plenty of parking. Close to shopping & restaurants as well as near major commuting routes. No FHA or VA.

22. 2017-12-06
    soldstatus $109,000
23. 2017-11-14
    soldstatus $109,000 Closed

    Show marketing remark (327 chars)

    Sparkling clean condo on top floor of well managed and maintained property. Loads of common area green space. Like new carpet; ceramic tile in entrance, kitchen and bath. Large living room with cathedral ceiling and fan. Roomy master bedroom with huge closet. Stacked washer and dryer in unit. Building got a new roof this year

24. 2017-11-14
    soldstatus $109,000 Sold

    Show marketing remark (327 chars)

    Sparkling clean condo on top floor of well managed and maintained property. Loads of common area green space. Like new carpet; ceramic tile in entrance, kitchen and bath. Large living room with cathedral ceiling and fan. Roomy master bedroom with huge closet. Stacked washer and dryer in unit. Building got a new roof this year

25. 2017-10-02
    status Contract

    Show marketing remark (327 chars)

    Sparkling clean condo on top floor of well managed and maintained property. Loads of common area green space. Like new carpet; ceramic tile in entrance, kitchen and bath. Large living room with cathedral ceiling and fan. Roomy master bedroom with huge closet. Stacked washer and dryer in unit. Building got a new roof this year

26. 2017-09-20
    listed $105,000 Active

    Show marketing remark (327 chars)

    Sparkling clean condo on top floor of well managed and maintained property. Loads of common area green space. Like new carpet; ceramic tile in entrance, kitchen and bath. Large living room with cathedral ceiling and fan. Roomy master bedroom with huge closet. Stacked washer and dryer in unit. Building got a new roof this year

27. 1981-09-04
    soldstatus $48,779

ⓘ 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: $1,789 · $149/mo
• Expected delta: +$391/yr (+$33/mo · 28.0%)

ⓘ 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: $24,097
• − Mortgage interest: −$11,203
• − Property taxes: −$1,397
• − Insurance: −$1,000
• − Repairs & maintenance: −$1,928
• − Management: −$1,928
• − HOA: −$3,960
• − Depreciation: −$5,818
• Taxable loss: −$3,137
• Est. tax savings @ 24.0%: +$753
• After-tax cash flow: $846/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

-96.4% since first listed

20 events — show timeline

• 2026-06-16 Rental Removed $1,745 APPFOLIO
• 2026-06-16 Price Changed $1,745 BRIGHTMLS
• 2026-06-16 Listed for Rent $1,795 APPFOLIO
• 2026-06-04 Price Changed $199,999 BRIGHT MLS
• 2026-05-28 Price Changed $1,795 BRIGHTMLS
• 2026-05-23 Listed for Rent $1,895 BRIGHTMLS
• 2026-05-23 Rental Removed $1,895 APPFOLIO
• 2026-05-06 Listed $209,500 BRIGHT MLS
• 2026-04-15 Sold (Public Records) $155,000 Public Records
• 2026-04-09 Listed for Rent $1,895 APPFOLIO
• 2019-08-01 Sold (Public Records) $112,000 Public Records
• 2019-07-26 Sold (MLS) $112,000 BRIGHT MLS
• 2019-06-27 Listing Removed — BRIGHT MLS
• 2019-06-27 Listed $112,000 BRIGHT MLS
• 2017-12-06 Sold (Public Records) $109,000 Public Records
• 2017-11-14 Sold (MLS) $109,000 BRIGHT MLS
• 2017-11-14 Sold (MLS) $109,000 MRIS
• 2017-10-02 Pending — MRIS
• 2017-09-20 Listed $105,000 MRIS
• 1981-09-04 Sold (Public Records) $48,779 Public Records

Property tax history

+1.4%/yr

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