✨Very Clean End Unit @ 48% ARV ($260,000+ Here!)

Property Description

4047 Annellen Rd, Baltimore, MD 21215

Clean EOG Brick at 48% of ARV — Comps Closing Up to $300K in This Zip

This is a 3-bedroom, 2-bath end-of-group brick townhome priced at $124,900 against a $260,000 ARV. The house is clean, well maintained, and the comps in this zip code leave very little to debate.

Renovated homes in the 21215 are closing at $260K and above. Cedardale Rd closed at $257,900. Dolfield Ave closed at $265,000 — and another Dolfield sale closed at $301,000. Active listings on Sequoia Ave and Rosedale Rd are priced between $260,000 and $285,000. The market in this pocket is not theoretical. It is proven, deep, and active.

This is an end-of-group brick on a good residential street with two full bathrooms — one on each floor — a good roof, a nice backyard, and 20 years of single-owner care. The house has not been recently updated but it has been cared for. The scope is kitchen, bathrooms, paint, flooring, and finishes. You are updating a clean home, not rescuing a neglected one.

At 48% of ARV with comparable sales reaching $300,000, the spread on this deal gives you room to renovate properly and exit with confidence.

WHY THIS DEAL MAKES SENSE

• 48% of ARV with comparable sales up to $300K. Entry at $124,900 against a $260,000 ARV — confirmed by multiple recent transactions in the 21215. Cedardale closed at $257,900. Dolfield closed at $265,000 and $301,000. Active listings are priced $260K-$285K. The resale market here is not a question mark.
• End-of-group brick with 2 full baths. EOG means one shared wall, natural light on three sides, and stronger curb appeal than any interior unit. Two full bathrooms — one upstairs, one on the main floor — puts this ahead of most competing 3/1 inventory in the zip code.
• Clean, well maintained, owned for 20 years. This is not a distressed shell or a neglected rental. The house has been cared for by the same owner for two decades. The scope is interior updating — not structural repair.
• Good roof, good street, good backyard. The roof is in good condition. The street is residential with owner-occupants. The backyard has real usable outdoor space. None of these cost you a dollar of rehab and all of them contribute to the resale.
• Unfinished basement = future upside. Additional square footage below grade that can be finished for a rec room, additional living space, or storage. Finishing the basement puts you in range of the higher comps in this pocket — several of which closed above $270K.

YOU SHOULD KNOW

The house is clean and well maintained but has not been recently updated. The kitchen needs new cabinets and appliances. The bathrooms need modernization. General interior updating is required — paint, flooring, finishes.

You are bringing a well-maintained home up to current finish standards. The bones are right. The roof is good. The layout works. The remaining work is about presentation.

Showing will be scheduled this week. Details sent by text and email.

PROPERTY HIGHLIGHTS

• 3 Bedrooms / 2 Full Bathrooms (one upstairs, one main floor)
• End-of-group brick townhome — bigger than standard
• 1,320 sqft above grade
• Unfinished basement
• Good roof
• Gas heat
• Nice backyard
• Good residential street
• Owner-occupied ~20 years
• Built: 1955
• Baltimore City

THE NUMBERS THAT MATTER

• ARV: $260,000 (comparable sales up to $300,000)
• Price: $124,900
• ~48% of ARV

📈 Comps & Market Data: Contact for full comp set

If 2+ offers come in, we go straight to best & final with those two only.

Closing at RESE Title. Cash or hard money.

Submit Offer Here