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$405,000
$395,000
2.5%For more information regarding the value of a property, please contact us for a free consultation.
5212 COTTONWOOD DR Lothian, MD 20711
3 Beds
2 Baths
1,680 SqFt
Key Details
Sold Price $405,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,680 sqft
Price per Sqft $241
Subdivision Lothian Woods
MLS Listing ID MDAA2077904
Sold Date 02/29/24
Style Split Level
Bedrooms 3
Full Baths 2
HOA Y/N N
Abv Grd Liv Area 1,680
Originating Board BRIGHT
Year Built 1979
Annual Tax Amount $4,284
Tax Year 2023
Lot Size 2.130 Acres
Acres 2.13
Property Description
This residence boasts exceptional potential awaiting to be unlocked through cosmetic enhancements. Offered in its current state under AS IS/WHERE IS conditions, Seller is inviting buyers and investors to envision its transformation. Ideal for those considering a 203k rehabilitation loan or seeking an investment or construction loan, this property offers substantial value below current market prices and current appraised value. While cosmetic touch-ups are required, this presents an advantageous opportunity for the savvy purchaser. Please be aware that this property may not meet the requirements for FHA or VA loans but remains eligible for private lending, cash transactions. The Home has a potential for an additional half bath or full bath on the family room level. The seller has no knowledge of the conditon of the Well and Septic so selling in AS IS. The seller is driven to facilitate a swift transaction, emphasizing their motivation to sell. Seize this remarkable opportunity by scheduling a viewing today and envision the potential this property holds for your investment or renovation endeavors. Seller prefers no contingency offers.
Location
State MD
County Anne Arundel
Zoning RA
Rooms
Basement Heated
Interior
Interior Features Ceiling Fan(s), Dining Area, Floor Plan - Traditional, Kitchen - Eat-In, Other
Hot Water Electric
Heating Central
Cooling Central A/C
Fireplaces Number 1
Fireplaces Type Mantel(s), Wood
Fireplace Y
Heat Source Electric
Exterior
Parking Features Garage - Front Entry
Garage Spaces 2.0
Water Access N
Roof Type Composite,Shingle
Accessibility Level Entry - Main
Attached Garage 2
Total Parking Spaces 2
Garage Y
Building
Story 3
Foundation Other
Sewer Community Septic Tank
Water Well
Architectural Style Split Level
Level or Stories 3
Additional Building Above Grade, Below Grade
New Construction N
Schools
Elementary Schools Lothian
Middle Schools Southern
High Schools Southern
School District Anne Arundel County Public Schools
Others
Senior Community No
Tax ID 020149590015292
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with David Orso • Berkshire Hathaway HomeServices PenFed Realty