BUY NOW $360K
3 Bed / 3 Bath, 2600 sq ft, Carport, Rear Deck, Roof Approx. 4 Yrs Old, Updated Windows
Deal Snapshot
- Ask: $350,000
- ARV: $540,000
- Beds/Baths: 3 beds / 3 baths
- SQFT: 2,522 total
- Above Grade: 1,274 sqft
- Below Grade: 1,248 sqft
- Lot Size: 7,863 sqft / 0.1810 acres
- Year Built: 1963
- Style: 1-story with basement
- Key Features: Carport, rear deck, backs to woods
- Taxable Assessment: $448,700
- Annual Taxes: $6,469
- Subdivision: Adelphi Mill
Why This Deal Works
- Strong comp support at $540K nearby
- 2,522 total sqft with basement footprint
- Clean 1-story layout with broad resale appeal
- Rear setting backs to woods
- Roof, windows, and exterior paint show better than a typical full-gut setup
- Cosmetic upside is clear from the current condition
Property Overview
8502 20th Ave is a raised ranch with a basement in Adelphi Mill. The main level has a straightforward layout with solid natural light and good room sizes. The lower level adds real usable square footage, and the rear yard/deck setup helps the overall presentation.
Condition
Interior
- Dated throughout
- Kitchen is older and functional
- Baths are mixed in finish level
- Flooring is mixed hardwood, tile, and carpet
- Basement finish is dated and cluttered
Systems
- Roof is newer
- Windows appear updated
- Mechanical areas appear serviceable
Exterior
- Exterior paint recent
- Front elevation shows well
- Rear deck and stairs
- Rear lot backing to woods is a plus
Detailed Scope By Room / AreaLiving Areas
- Hardwood is present
- Walls, trim, fixtures, and finishes are dated
- Main level shows a solid footprint with cosmetic upside
Kitchen
- Older cabinet and counter package
- Dated flooring and finishes
- Functional layout
Bathrooms
- Mixed condition
- Some areas show updates
- Others are dated and utility-driven
Bedrooms
- Standard cosmetic refresh needed
- Older finishes and lighting
Basement
- Finished lower level with dated materials
- Carpet, paneling, and utility areas show age
- Adds real square footage and flexibility
Exterior
- Good basic curb appeal
- Deck/stair area shows wear
- Carport adds usable covered parking
- Rear setting is better than average for the pocket
Exit Strategy
- Flip: Best fit
- Wholetail: Possible, but dated condition leaves upside on the table
- Buy and Hold: Works with the size, parking, and basement layout
ARV Positioning
- 1900 Dana Dr, Hyattsville, MD 20783 = $540K – 19 DOMS
ARV at $540,000 is the right number to market. The support is nearby, and the house has the size, layout, and setting to justify that number with a clean update.Terms / Next Steps
- Access by appointment
- Occupied
- EMD required = $10K
- Sold as-is