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🟱 Your Next Flip? Clean Parkville Rancher @ A Discount! Pending

  • $244,500
  • 3 beds
  • 1.5 baths
  • 1,011 sqft
2505 Lakewood Walkthrough

2505 Lakewood Ct, Baltimore, MD 21234

INVESTOR ALERT: High-ROI Flip in Parkville

đŸ’„ A+ Flip In Parkville  — New 2025 Roof + Finished Basement | Offered at ~60% of ARV

If you’re tired of mystery-meat rehabs, this is the kind you can underwrite in one pass. Solid Parkville 3BR with a finished, tall basement (usable square footage buyers pay for) and major systems already in place—so your budget goes where it should: kitchen/bath + finishes that drive retail top dollar.

Parkville demand is real. Clean, updated homes in 21234 move fast—especially when you’ve got extra space downstairs and a big lot feel.


🔑 WHY THIS DEAL MAKES SENSE

✅ Big Risk Item Removed: Roof replaced in 2025 — you’re not eating a $12K–$20K surprise.
✅ Full Value-Add Control: Interior is largely original → perfect setup to modernize and force appreciation.
✅ Basement Buyers Pay For: Finished basement + tall ceilings = stronger comps and easier “wow factor.”
✅ Systems Already There: Gas heat + A/C/HVAC in place → less “unsexy” CapEx, faster timeline.
✅ Parkville Retail Exit: Update it clean, stage it right, and sell to an owner-occupant buyer that pays premiums for turnkey.


✅ HIGHLIGHTS (quick facts)

  • 3BR layout with finished basement (plus additional unfinished storage area)

  • Large lot (approx. 0.28 acres) with solid curb appeal potential

  • Concrete patio w/roof = bonus living space buyers notice

  • Fireplace adds charm / resale appeal

  • Public water & sewer


THE NUMBERS THAT MATTER

  • ✔ ARV: $400,000
    ✔ Price: $240,900
    ✔BUY IT NOW: $244,500

If 2+ offers come in, we go straight to best & final with those two only.
If No Buy It Now exercised- we will host a one time showing Wednesday 1/21/2026 in the afternoon.

 

Submit Offer Here 

📈 Comps & Market Data: https://matrix.brightmls.com/Matrix/Public/Portal.aspx?ID=DE-219964220927

Buy It Now Guidelines

Our “Buy It Now” program is only accessible for VIP buyers.
Please review the following guidelines to understand how the program works:

1. Exclusive Access

  • The “Buy It Now” program is available for a short window exclusively to VIP buyers. This is a unique opportunity to purchase properties at a discounted price before they are opened to the broader market.

2. Property Access

  • During the “Buy It Now” window, there will be no access to the property. However, we provide full pictures and walkthrough videos to assist you in assessing the property.
  • Any specific notes on the condition will be shared, and if there are known latent defects, we will highlight those for transparency.
  • We encourage you to reach out with any questions regarding the property’s condition.

3. Limited Time Opportunity

  • This is a brief and exclusive window for purchasing. Once the program opens, interested buyers must act quickly, as the buying process will close at the advised time.

4. Offer Process

  • The “Buy It Now” price will secure the deal unless we receive two or more offers. In the event that we receive multiple Buy It Now offers, we will kindly request the buyers to submit their best and final offers.

5. Post-Window Access

  • After the “Buy It Now” window closes, the property will be made available to our entire buyers list via email.
  • A one-time showing will be organized for all buyers interested in the property.

6. Final Selection

  • After the showing, we will select the best and highest offer for the property.

7. Offer Acceptance

  • Buy It Now offers will be accepted for 3 hours following the VIP text notification.
  • If 2 or more offers are received, we will request best and final offers only from those buyers.

8. Closing Details

  • The closing date will be set for on or before 2/16/2026 at RESE Title.
  • The preferred payment method is cash or hard money. Cash offers are always preferred for a smoother transaction.
Geographic Information
County: Baltimore, MD
Municipality: Unincorporated
High Sch Dist: Baltimore County Public Schools
Tax ID: 04090903473230
Tax Map: 0071
Tax ID Alt: 090903473230
Block: C
Tax Act Num: 0903473230
City Council Dist: 09
Lot: 21
Parcel Number: 1118
Grid: 0014
Qual Code: Average
Sub Section: A
Sub District: 0
Sub Parcel: 1118
Legal Subdivision: JOPPA MANOR
Assessment & Tax Information

 

Tax Year: 2025
County Tax: $2,659
Asmt As Of: 2025
Annual Tax: $2,659
Taxable Land Asmt: $85,500
Taxable Bldg Asmt: $133,900
State/County Tax: $2,659
Taxable Total Asmt: $219,400

 

Lot Characteristics

 

 

SQFT: 12,180
Acres: 0.2800

 

Building Characteristics

 

Total SQFT: 2,022
Residential Type: Standard Unit
Residential Design: 1 Story
Stories: 1.00
Total Units: 1
Abv Grd Fin SQFT: 1,011
Below Grade Fin SQFT: 300
Below Grade Unfin SQFT: 711
Model: Standard Unit
Fireplace Total: 1
Porch/Deck: Patio
Patio Deck Type: Concrete Patio w/Roof
Porch Type: 1 Story Open
Cooling: Combined System
Bldg Condition: Average
Full Baths: 1
Total Baths: 1.0
Exterior: Siding – Alum/Viny
Stories Desc: 1
Residential Units: 1
Basement Desc: Finished
Roof: Shingle – Composite
Fireplace: Yes
Fireplace Type: 1 Story Frame
Porch/Deck SQFT: 108
Patio/Deck SQFT: 256
Heat Delivery: Hot/Warm Air
Property Class Code: R
Basement Type: Yes (Type Unknown)
Water: Public
Sewer: Public
Year Built: 1956
Total Below Grade SQFT: 1,011
Sec 1 Construction: Concrete Sec 1 Area: 256 Sec 1 Story Type:
Sec 1 Description: Concrete Patio w/Roof Sec 1 Dimensions: Sec 1 Type:
Sec 2 Construction: Sec 2 Area: 108 Sec 2 Story Type: 1
Sec 2 Description: 1 Story Open Porch Sec 2 Dimensions: Sec 2 Type:
Sec 3 Construction: Sec 3 Area: 1011 Sec 3 Story Type: 1B
Sec 3 Description: 1 Story with Basement Sec 3 Dimensions: Sec 3 Type:
Codes & Descriptions

 

 

Land Use: R Residential
County Legal Desc: 2505 LAKEWOOD CT JOPPA MANOR
Use Type: 1 Story With Basement
Price:
$244,500
Address:
2505 Lakewood Ct
Baltimore, MD 21234
Square Feet:
1,011
Lot Size:
12,180
Bedrooms:
3
Bathrooms:
1.5
Terms:
Assignment of Contract
Property Type:
Home
Year Built:
1956
Basement:
Finished

Call 410-316-6197 for more details

Property Location

Call Us!
410-316-6197