$367,050 EMV

1 Bath   1,158 Sq. Ft.   Single-Family
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Blueridge Ave
Silver Spring, MD 20902

Overview

This Single-Family Foreclosure is located at Blueridge Ave, Silver Spring, MD 20902. It has 1 Bath , 1,158 sqft of living space. This property is currently bank owned with an estimated market value of $367,050.
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Status: Active
Listing ID: 61520188
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Learn about Blueridge Ave in Silver Spring, MD

This single-family property is available as a foreclosure at Blueridge Ave. It has bedrooms, 1 bathrooms, and 1,158 square feet of living space. Based on our analysis of the current market conditions in Silver Spring for Blueridge Ave and comparable listings, the estimated market value is $367,050. If purchased for rental purposes, the monthly rental rate could range between $2,000 and $2,700. Factors considered in this calculation include the property location, condition, status, and convenience. Properties like this one located at Blueridge Ave are updated daily along with others in Silver Spring, Maryland. Since this property is a foreclosure, check out our Foreclosure Timeline for Blueridge Ave below to see helpful information about this listing.


Foreclosure Timeline

Blueridge Ave in Silver Spring Maryland Property History

Not in Foreclosure

Pre-Foreclosure

Auction

Bank Owned

Find out more about this property on Blueridge Ave
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01/22/24
Bank owned
Properties listed as foreclosures have passed the point of auction or public sale. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers. The longer lenders own properties, however, the more eager they become to sell, often at reduced prices.
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Community & Neighborhood

This property in Silver Spring, MD is located in the Wheaton Hills Subdivision.


Foreclosure

The property located at Blueridge Ave in Silver Spring, MD is listed as a Foreclosure

Properties like Blueridge Ave in Silver Spring, Maryland listed as foreclosures have passed the point of auction or public sale. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers through a local real estate agent or auction house in Silver Spring, MD. The longer lenders own properties like this on Blueridge Ave, the more eager they become to sell, often at reduced prices.

First Steps to Buying a Foreclosure

Foreclosures often mean the original homeowner had some sort of setback that caused him to allow his lender to take the property. Rarely does a lender want to retain possession of real estate, so it will be motivated to move it off the books as quickly as possible. A fast turnover is what the lender is looking for, so a big part of the marketing plan might include pricing for a quick sale. In order to take advantage of foreclosed properties there are some basic steps to be followed:

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Rental Value

The estimated rental value for Blueridge Ave located in Silver Spring, MD is $2,350/month. Comparable homes around Blueridge Ave that are rentals have monthly ranges starting as low as $2,000 per month and as high as $2,700 per month. An owner looking to use this property as an investment could bring a return in the area of $2,000 - $2,700 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.

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Blueridge Ave
Silver Spring, MD 20902

1 Bath   1,158 sq. ft.   Single-Family

$367,050 EMV

Status: Active Listing ID: 61520188

Property Information

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Public Records

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Property Description

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