210 Garden Gate Ln, Annapolis, MD 21403
Deal Snapshot
- Ask: $329,900
- ARV: $500,000 to $525,000
- Beds/Baths: 3 beds / 2 baths
- SQFT: 2,000 total
- Above Grade: 1,000 sqft
- Below Grade: 1,000 sqft
- Lot Size: 10,750 sqft / 0.2470 acres
- Year Built: 1961
- Style: 1-story with basement
- Key Features: Finished basement, flat lot, enclosed porch/sunroom area
- Taxable Assessment: $359,400
- Annual Taxes: $4,878
- Subdivision: Primrose Acres
- County: Anne Arundel
Why This Deal Works
- Annapolis location with solid end-buyer demand
- $329,900 entry leaves room for a full rehab spread
- 2,000 total sqft with 1,000 sqft basement footprint
- Flat 10,750 sqft lot adds resale appeal
- Main level 3/1 layout with additional bath setup below
- Smaller homes nearby have traded around $475K
- More modern similar-size comp with stronger finish level pushed $550K
- Works for a full flip and can also make sense as a long-term hold after renovation
Property Overview
210 Garden Gate Ln is a 1-story home in Primrose Acres with 1,000 sqft on the main level and another 1,000 sqft below. The main level has a straightforward 3-bedroom layout, and the lower level adds usable square footage for added function and value.
The lot is flat, open, and usable. That helps both curb appeal and resale. This is not a light update. It is a full rehab with enough square footage and lot appeal to justify the work at this price.
Condition
Interior
- Full interior update needed throughout
- Dated finishes across the main level
- Kitchen and baths need full renovation
- Basement finish is heavily dated and needs full overhaul
- Paneling, flooring, fixtures, and paint all need replacement/update
Exterior
- Exterior is serviceable but dated
- General cleanup, landscaping, and cosmetic exterior work needed
- Rear/side areas need cleanup and presentation work
- Flat lot is a plus
Exit Strategy
- Flip: Best fit here. Full rehab with ARV support in the low-to-mid $500Ks
- Buy and Hold: Can work if buyer renovates fully and wants long-term Annapolis exposure
ARV Positioning
ARV lands at $500,000 to $525,000.
- 1115 Tyler Ave, Annapolis – $670k – slightly bigger
- 1109 Van Buren St – $545k
- 17 A Elliott Rd, Annapolis – $555k
Terms / Next Steps
- Access available by appointment
- EMD required ($10k)
- Closing on assigned contract
- Sold as-is