MULTIPLE OFFERS BUT NOT TOO LATE TO SUBMIT YOUR CONTRACT
BANK OF AMERICA HOME LOANS MAJOR PRICE REDUCTION - OLNEY ACRES, ROCKVILLE, MD
Are you looking for a home to renovate or tear down? This REO listing really needs a lot of work. There are plumbing leaks in the crawl space, the hot water heater does not work and the well and septic system have not been tested. The real value is in the hilltop setting of the 1.41 acre wooded site near the Rock Creek Regional Park. Price is $209,900 (the full price is below the assessment value of the lot). The lender has counter offered for prospective buyers to submit their highest and best offers. Buyers should note that well priced REO properties in Montgomery County are attracting multiple offers.
Contact us for an appointment to see this property.
If you want to renovate the home, we recommend FHA 203(k) financing. You will need to have a pre-qualification letter from Bank of America Home Loans. Call the branch manager in Gaithersburg: Jim Beatty, 240-631-8318, cell 301-728-3286. roykelley@mris.com
| 17509 RIDGE RD, ROCKVILLE, MD 20853 $209,900 | ||
2 BR/2 BA Built in 1954. |
||
|
|
| ASSESSMENT | |||||
| Year Assessed |
Phase-in Value |
Land |
Improvement |
Land Use |
|
| 2010 | $374,312 | $312,160 | $90,350 |
We represent home buyers and sellers as their exclusive agents in the Maryland suburbs of Washington DC.
Roy Kelley
Roy Kelley & Associates
Associate Broker, RE/MAX Realty Group
Client Assistance: 301-670-8996
Recipient of the RE/MAX International Lifetime Achievement Award - 2008
