$485,000
$480,000
1.0%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
3 Baths
2,364 SqFt
SOLD DATE : 08/23/2024
Key Details
Sold Price $485,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,364 sqft
Price per Sqft $205
Subdivision Germantown Estates
MLS Listing ID MDMC2142480
Sold Date 08/23/24
Style Colonial
Bedrooms 4
Full Baths 2
Half Baths 1
HOA Y/N N
Abv Grd Liv Area 1,764
Originating Board BRIGHT
Year Built 1987
Annual Tax Amount $5,207
Tax Year 2024
Lot Size 7,543 Sqft
Acres 0.17
Property Description
50K Price reduction!!!
Incredible Investment Opportunity at $530K – Priced Well Below Market Value! Scope of work in Documents with estimates for most work more coming.
This property is a rare find, with comparable homes in the area valued between $650K and $675K. Priced at $530,000, this house is ideal for investors or homeowners looking to customize their dream home. It offers immense potential, allowing you to significantly increase its value with the right updates and personal touches.
The property requires updates to paint, flooring, kitchen, and baths, but with a 203K or Conventional Rehab Loan available through a ready lender, these improvements can be easily financed. The HVAC system was replaced in 2019, adding to the home's appeal. Solar panels are also included and can be transferred or paid off at settlement with a strong offer.
This is a great opportunity for those looking to invest in a property with significant upside. Whether you want to design your own space or are an investor looking for a lucrative project, this home is perfect for you. Detailed information on rehab loans and estimates for the required work will be provided soon. Don’t miss out on this chance to make this house your home or a profitable investment. Contact us for more details and to schedule a viewing!
Potential and Possibilities:
Customization: Perfect for designing your own flooring, paint, and bathrooms
Investment: Great opportunity for investors to renovate and flip
Rehab Loans: Detailed information on available rehab loans will be provided soon
Don’t miss out on this chance to invest in a property with significant upside. Contact us for more details and to schedule a viewing!
Location
State MD
County Montgomery
Zoning RT8.0
Rooms
Basement Sump Pump
Interior
Hot Water Electric
Heating Heat Pump - Electric BackUp
Cooling Central A/C
Fireplaces Number 1
Fireplace Y
Heat Source Electric
Exterior
Garage Garage - Front Entry, Garage Door Opener, Inside Access
Garage Spaces 2.0
Waterfront N
Water Access N
Accessibility Other
Parking Type Attached Garage, Driveway
Attached Garage 2
Total Parking Spaces 2
Garage Y
Building
Story 3
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Colonial
Level or Stories 3
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Montgomery County Public Schools
Others
Senior Community No
Tax ID 160202396912
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Shuang Zhao • Signature Home Realty LLC
