Available
$300,000(ARV: $520,000)58% of ARV

Anne Arundel County, Laurel, MD 20724

3 bd1 ba1,215 sfBuilt 2008

9 days ago

Gross spread$220,000

Description

STARTING PRICE: $300,000 ESTIMATED ARV: $520,000 Comps: 435 Yellow Spgs S, Laurel, MD 20724 – $545k 222 Spring Gap S, Laurel, MD 20724 – $530k 3338 Old Line Ave, Laurel, MD 20724 – $460k, not renovated, busy road 289 Brock Bridge Rd, Laurel, MD 20724 | MLS #MDAA2151952 – $460k, not renovated, busy road 247 Federalsburg S, Laurel, MD 20724 – $330k cash sale, full rehab Key Property Features Home Type: Single Family Home (Rancher) Bedrooms/Bathrooms: 3 Bed / 1.5 Bath Square Footage: 1,215 sqft Basement: Over 7′ ceiling height, insulated and framed, unfinished Condition: Cosmetic rehab needed, original fixtures throughout, dated mechanicals in good working condition HVAC: Central air, new AC unit installed last year Plumbing: Minor water-line issue noted Flooring: Original carpet throughout, needs replacement Kitchen Features: Original fixtures Year Built: 2008 Location Highlights Located in Laurel, Anne Arundel County, with easy access to the Baltimore-Washington Parkway and the Fort Meade/NSA employment corridor. Only one competing active listing within a mile, and it’s unrenovated and priced at $459K. Strong rental and resale demand area with low days-on-market. Investor Notes / Value-Add Potential Cosmetic rehab only: new flooring, bathroom refresh, fixture updates 2008 build with a new HVAC/AC unit already installed, cuts into rehab budget Basement is framed and insulated, over 7′ ceiling height, future value-add potential once finished Minimal nearby competition: only one active comp within a mile, unrenovated at $459K ARV $480K-$520K+ against a $300K ask leaves a wide margin Best fit: fix-and-flip, with buy-and-hold as a secondary option given the location Access Policy To respect the seller and streamline the process, we prioritize buyers who provide a preliminary offer range, proof of buying criteria, or, when applicable, proof of funds. Showings are limited and offered only to buyers who indicate they are prepared to perform within reasonable proximity to the listed price expectations INVESTOR DISCLOSURES As always, we co-op with all agents All offers via our wholesale assignment contract (not a sale of equity). Cash / Hard Money / Private Money only. Proof of funds required. EMD: $7,500 within 24 hrs of contract acceptance. Closing with Lakeside Title Company. As-Is sale; buyer to perform due diligence Expected settlement: November 18th, 2026 Contact our

$/sqft vs market

This deal$247/sqft
Market median$261/sqft
Difference−6% below

Median of 5 comparable listings matched on city + property type. A narrow sample moves a lot; read it as context, not as a valuation.

Property

Bedrooms3
Bathrooms1
Square feet1,215
Lot size10,062 sf
Year built2008
ConditionMajor Repair
OccupancyOwner Occupied
ParkingDriveway

Systems & condition

HeatingBoiler · 0-5 yrs
Air conditioningCentral AC
FoundationFull basement
Foundation conditionGood

Self-reported by the seller. Not inspected.

Property information

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