RARE FORECLOSURE DEAL IN CHESAPEAKE RANCH ESTATES - DON'T MISS OUT!

Asking Price: $229,900
11453 Stirrup Ln Lusby, MD Usa

About 11453 Stirrup Ln:

As a real estate agent, I can confidently say that this rare deeply discounted foreclosure in sought after Chesapeake Ranch Estates is an opportunity you don't want to miss. With 3/4 bedrooms, 2 full baths, and over 1900 square feet of living space on a large private lot, this property is a hidden gem waiting to be uncovered.

One of the best things about this property is its potential for equity gain. While the property has good bones, it does require some cleaning up and upgrading. Once these improvements are made, you can expect to see a significant increase in its value. This makes it an excellent opportunity for those looking to fix and flip or add to their rental portfolio.

Another great feature of this property is its price. It is priced to sell in as-is condition, providing a rare chance to own a home at yesterday's price. Whether you're an investor or a homeowner looking for an affordable property, this is an opportunity you don't want to miss.

The property is court-approved, and the price is approved as well. Special documents, disclosures, and bank contracts are required for submission and are attached to the listing. To ensure that your offer is considered, it is best to submit your highest and best offer with proof of funds.

While this property is an excellent opportunity, it is important to note that short-term hard money financing is available to qualified investors with 20% down payment. Unfortunately, FHA financing is not available at this time. However, if you do qualify for hard money financing, it can be a great option to consider.

In addition to the potential for equity gain and affordability, the property's location is another highlight. Chesapeake Ranch Estates is a highly sought-after area, known for its beautiful scenery and peaceful surroundings. It is an excellent place to call home, and this property provides a rare chance to do so at an affordable price.

Overall, this deeply discounted foreclosure in Chesapeake Ranch Estates is an opportunity you don't want to miss. With its potential for equity gain, affordability, and desirable location, it is an excellent investment for both investors and homeowners alike. If you're interested in this property, be sure to act fast and submit your highest and best offer with proof of funds to ensure that you don't miss out on this fantastic opportunity.

This property also matches your preferences:

Features of Property

Type

Single family residence

Year Built

Built in 1990

Heating

Heat pump, electric

Other

Central a/c, electric

Parking

Open parking

HOA

$600 annually HOA fee

Lot

0.34 Acres

Price/sqft

$118 price/sqft

Buyers Agency Fee

25% buyers agency fee

This property might also be to your liking:

Features of Building

Bedrooms and bathrooms
Bedrooms

4

Bathrooms

2

Full bathrooms

2

Basement
Area

504

Basement
Basement

Walkout Stairs,Side Entrance,Partially Finished,Exterior Entry,Improved,Heated

Heating
Heating features

Heat Pump, Electric

Cooling
Cooling features

Central A/C, Electric

Appliances
Included Appliances

Electric Water Heater

Laundry features

Laundry Room

Interior Features
Interior features

Ceiling Fan(s), Floor Plan - Traditional

Other interior features
Total interior livable area

1,956 sqft

Finished area above ground

1,956

Finished area below ground

0

Parking
Parking features

Driveway

Has uncovered spaces

Yes

Accessibility
Accessibility features

None

Property
Levels

Split Level,Two

Stories

2

Pool features

None

Lot
Lot size

0.34 Acres

Other property information
Additional structures included

Above Grade, Below Grade

Parcel number

0501114522

Zoning

R

Special conditions

In Foreclosure

Type and style
Home type

SingleFamily

Property subType

Single Family Residence

Material information
Construction materials

Frame

Foundation

Concrete Perimeter

Condition
New construction

No

Year built

1990

Utility
Sewer information

Private Septic Tank

Water information

Public

Location
Region

Lusby

Subdivision

Chesapeake Ranch Estates

HOA
Has HOA

Yes

HOA fee

$600 annually

Other financial information
Buyer agency compensation

25%

Other facts
Listing Agreement

Exclusive Right To Sell

Listing Terms

Cash,Private Financing Available,Other

Ownership

Fee Simple

Property Agent

Jim Sapia

Century 21 Downtown

Based on this property you'll like these too: