$511,755 EMV

4 Beds   3 Baths   2,600 Sq. Ft.   Single-Family
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Tonyas Ter
Owings, MD 20736

Overview

This Single-Family Rent to Own is located at Tonyas Ter, Owings, MD 20736. It has 4 Beds, 3 Baths , 2,600 sqft of living space. This property is Rent to Own with an estimated market value of $511,755.
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Status: Inactive
Listing ID: 58058739

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Property Information

  • Bedrooms: 4
  • Bathrooms: 3
  • Full Baths: 2
  • Half Baths: 1
  • Living Area Size: 2,600
  • Total Square Feet: 2,600
  • Lot Size: 1.07 acres
  • Style: Colonial
  • Heating Type: Heat Pump
  • Air Conditioning: Central A/C
  • Year Built: 1985
  • Comments: Rental price: $2925
  • Source ID: MDCA2006758
  • Day(s) On Site: 70
  • Subdivision: Owings Farm
  • Senior High School: HUNTINGTOWN
  • School District: CALVERT COUNTY PUBLIC SCHOOLS
  • Property Type: Single Family Dwelling
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Potential Home Value

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Current Value
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Public Records

  • Baths: 2
  • Full Baths: 2
  • No. of Stories: 2
  • Parking: DETACHED FRAME GARAGE
  • Parking Sqft: 576
  • Air Conditioning: SPLIT SYSTEM
  • Exterior Wall Type: ALUMINUM/VINYL
  • Heating Type: HEAT PUMP
  • Roof Material: COMPOSITION SHINGLE
  • Land Area Sqft: 46,609
  • Year Built: 1985
  • APN: 0008-0007-0082-0000-0004
  • Property Type: Single Family Residence
  • Township: 03
  • Living Sqft: 2,600
  • Garage: DETACHED FRAME
  • Style: CONVENTIONAL
  • Sewer Type: PRIVATE
  • Subdivision: FARM OWNIGS
  •  

Rent to Own

Rent to own properties are ideal for homebuyers who are on the fence and not quite ready to go "all in" on a specific real estate investment. It's basically like taking a home for a "test drive," getting to know the neighbors, local school districts and community benefits (and drawbacks) before making the all-important decision to buy.

First Steps to Buying a Rent To Own Home

This type of real estate deal entails an agreement to rent a property with the option to purchase it at a predetermined date and price. Under some structures a portion of the rent paid during the lease period can be applied to the purchase price. Also, during the lease period, the purchaser/lessee can use that time to save for a larger down payment or fix personal credit issues. As a third incentive, the purchaser/lessee can move into the property, get to know it thoroughly, get to know the neighborhood, and either complete the purchase or walk away from it, if the property turns out to not be suitable for him. For the seller, the rent to own option adds value to the sale of the property and broadens the market for potential buyers.

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Rental Value

The estimated rental value for Tonyas Ter located in Owings, MD is $2,200/month. Comparable homes around Tonyas Ter that are rentals have monthly ranges starting as low as $1,870 per month and as high as $2,530 per month. An owner looking to use this property as an investment could bring a return in the area of $1,870 - $2,530 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.

Listing History

Start Date End Date Listing Type Bank Name
12/15/20 12/24/20 Rent To Own
foreclosure.com

Tonyas Ter
Owings, MD 20736

4 Beds   3 Baths   2,600 sq. ft.   Single-Family

$511,755 EMV

Status: Inactive Listing ID: 58058739

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=Tonyas-Ter-Owings-MD-20736/58058739_lid

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