4180 Gateway Blvd, White Plains, MD 20695-3007
Price: $317,500
ARV: $575,000
Looking for a great project with big profits?!
Take a look at this large, split foyer, single family home on 5.43 acres in White Plains / St. Charles, just 30 minutes outside of D.C.!
This area has some great comps that are all around the same year built as our subject property, plus several new build developments nearby that are raising prices and overall values in the area from an overflow of people seeking more square footage and yard space outside of the district.
Sales comps and land comp below!
Property info and conditions:
- 5 beds / 3 baths / 3,002 total sq ft (2,002 on main level and 1,000 in lower level basement)
- End of road – great privacy for a family
- Roof replaced: 2017
- Electric HVAC: not new, but good working condition
- Needs: new windows, appliances, flooring, paint, and landscaping
- Most cosmetic items needed
- 13 feet deep in-ground pool only 3 years old (2020)
- Septic tank already serviced this year and good to go
- Back deck facing in-ground pool
COMPS:
1.) 4146 Gateway Blvd, White Plains, MD 20695 – SOLD $490,000
1 year older, similar build, similar sq ft, same road, a couple houses apart, and NO land, only 0.63 acres compared to our 5.43 acres
2.) 10025 Marshall Corner, White Plains, MD 20695 – SOLD $500,000
built 1969, almost identical beds / baths / sq ft, sitting on 0.60 acres compared to our 5.43 acres
3.) 10075 Marshall Corner Rd, White Plains, MD 20695 – SOLD $465,000
built 1967, similar build but smaller (1,300 sq ft), on 0.46 acres compared to our 5.43 acres
Land Comp (closest and most recent):
1.) 9320 Westfield Dr, White Plains, MD 20695 – SOLD $135,000 – 03/22/2023
sold 2.96 acres nearby, zoned residential, to average $45,608.11 per acre
The home is occupied by a family.
The family will be moving.
Access / Showing Instructions: One-time showing that has not yet been scheduled or announced.
Call Kody: 410-343-4909
Submit Offer
IMPORTANT INFORMATION
- As always, we co-op with all agents.
- This is a wholesale assignment deal.
- Cash/hard money/private money only.
- All offers will be due by 5pm Thursday 05/11.
- Offer to be selected by 12pm on Friday 05/12.
- Proof of funds required to enter into Agreement & take house off the market.
- EMD: $10,000 if we have not closed a deal together.
- EMD: $5,000 if we have closed on one or more properties together before.
- EMD must be delivered within 24 hours.
- RESE or Rextar Title Company
- Property sold as-is including contents.
- Buyer to pay ALL closing costs.
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