MLS® ID: MDAA269322

1615 MIDLAND ROAD

EDGEWATER, Maryland, 21037

$149,000 Active
  • 1 Beds
  • 1 Baths
  • 600 SQFT
**Owner help with closing costs and down payment.** Ideal for Investor/Flipper. Or for a 203k FHA loan which would give you $35k to improve the house before moving in! (If your lender doesn't know 203k, ask us for a recommendation.) Put your HGTV ideas to work. Expand up or to the large back yard. Great water oriented neighborhood, HOA marina and beach nearby. Close to 50/I97, downtown Annapolis. As of 12/15/2018 Zestimate was $213,348; Homesnap est $189,000. Several recent $350,000+ sales within a couple of blocks. Grab this opportunity now and be ready to sell renovated in May/June.Want to fix up this house for yourself? Easy to do by getting an FHA203K loan -- money for the improvements with only 3.5% down! With a streamlined loan, you can get a loan for the purchase price of the home plus up to $35,000 with no minimum repair cost plus the cost for energy improvements. To determine the as-is value of the property or the estimated value of the property post-repair, you may need to have an appraisal done. You will be required to put down 3.5 percent, but the money can come from a family member, employer or charitable organization. Ask your lender how to do this. **Owner will help with your closing costs and your down payment if allowed by your lender -- up to $10,000** Hurry before someone else grabs this.
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Listing courtesy of ExecuHome Realty

Amenities

  • Full baths
    1
  • Half baths
    0
  • Full Baths Range
    1 Bath
  • Total Baths
    1
  • Zip
    21037
  • Office name
    ExecuHome Realty
  • Subdivision
    WOODLAND BEACH
  • SQFT
    600
  • Bedrooms
    1
  • Property type
    Residential
  • Zoning type
    R5
  • School district
    ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
  • Year built
    1940
  • Lot size
    0.09
  • Sewer
    Public Sewer
  • Heating
    Hot Water
  • Agent name
    William C Hess
  • Purchase Type
    Active
  • Price Range
    $100k-$200k
  • Square Feet Range
    < 1000 sq ft.
  • Bedrooms Range
    1 Beds
  • Year Built Range
    1989 (and earlier)
  • Office ID
    EXER14
  • Agent ID
    3016636

Location

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