8589 Seasons Way #4-5B, Lanham, MD 20706
Deal Snapshot
- Ask: $255,000
- ARV: $349,000
- Beds/Baths:3 beds / 3 baths
- SQFT: 1,580 above grade
- Style: Condo town house
- Year Built: 1967
- Subdivision: Four Seasons
- Taxable Assessment: $233,333
- Annual Taxes: $3,070
- Lot Size: 2,556 sqft
- County: Prince George’s, MD
- Key Features: Larger condo-townhouse footprint, updated major systems, fenced patio area, community setting
- Condo Fees = $315 mo
-
HOA Fee Includes: All Ground Fee, Common Area Maintenance, Management, Pool(s), Water
-
Why This Deal Works
- 1,580 sqft gives this one a larger layout than the typical condo-townhouse product
- 3 bed / 3 bath setup is a stronger layout than most competing units
- Furnace and hot water heater are about 4 to 5 years old
- Roof is about 8 to 10 years old
- Recent comp support ranges from clean lived-in sales to stronger updated retail numbers
- Entry point leaves room below higher-end neighborhood sales
- Straightforward value-add setup without a heavy system story
Property Overview
8589 Seasons Way #4-5B is a condo-townhouse in Four Seasons with a larger floor plan, practical room count, and a layout that fits both end-user and investor demand. The unit shows clean overall utility, with a simple cosmetic value-add path and a stronger system profile than a typical full-gut setup.The 3 bed / 3 bath layout adds real appeal here and helps the resale and hold story.
Systems
- Furnace and hot water heater are about 4 to 5 years old
- Roof is about 8 to 10 years old
- Better mechanical profile than a full-rehab deal
Exterior
- Condo-townhouse style with practical exterior maintenance profile
- Rear patio / fenced outdoor area adds utility
- Community setting presents well
Exit Strategy
- Flip: Strong fit
- Wholetail: Good secondary angle
- Buy and Hold: Also works with the size and layout
ARV $349k
ARV is best marketed at $349,000. Support includes 8585 Seasons Way #7B at $325K for a neat but not fully updated sale, plus 8412 Canning Ter at $370K, 8115 Bird Ln at $374,900, and 7010 Cipriano Woods Ct at $340K. This one sits well as a value-add condo-townhouse with room between basis and stronger neighborhood sales.
Terms / Next Steps
- Access by appointment
- $10k EMD required
- Sold as-is