$269,900

3 Beds   2.1 Baths   1,240 Sq. Ft.
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Silver Park Ter
Suitland, MD 20746

Overview

This Foreclosure is located at Silver Park Ter, Suitland, MD 20746. It has 3 Beds, 2.1 Baths , 1,240 sqft of living space. This property is currently bank owned with an estimated market value of $257,102.
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Status: Inactive
Listing ID: 58115015

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Property Information

  • Price: $269,900
  • Bedrooms: 3
  • Bathrooms: 2.1
  • Living Area Size: 1,240
  • Total Square Feet: 1,250
  • Year Built: 1990
  • Day(s) On Site: 58
  • Subdivision: SILVER HILL HEIGHTS

Potential Home Value

This property has untapped potential!

Current Value
$269,900
Potential Value
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Public Records

  • Baths: 1.5
  • Full Baths: 1
  • Half Baths: 1
  • No. of Stories: 2 STRY W/BSMT
  • Parking: BASEMENT GARAGE
  • Parking Sqft: 300
  • Air Conditioning: SPLIT SYSTEM
  • Exterior Wall Type: FRAME
  • Heating Type: HOT AIR
  • Roof Material: COMPOSITION SHINGLE
  • Land Area Sqft: 1,500
  • Year Built: 1990
  • APN: 0088-D2-000-000--00111
  • Property Type: Single Family Residence
  • Township: SPAULDING
  • Living Sqft: 1,240
  • Garage: BASEMENT - 1 CAR
  • Style: TOWNHOUSE
  • Subdivision: SILVER HILL HEIGHTS
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Foreclosure

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 through a local real estate agent or auction house. The longer lenders own properties, however, 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 Silver Park Ter located in Suitland, MD is $1,600/month. Comparable homes around Silver Park Ter that are rentals have monthly ranges starting as low as $1,408 per month and as high as $1,840 per month. An owner looking to use this property as an investment could bring a return in the area of $1,408 - $1,840 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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Silver Park Ter
Suitland, MD 20746

3 Beds   2.1 Baths   1,240 sq. ft.

$269,900

Status: Inactive Listing ID: 58115015

Property Information

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Public Records

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Property Description

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Listing URL

https://static.foreclosure.com/listing/address.html?address=Silver-Park-Ter-Suitland-MD-20746/58115015_lid

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