ARV = $350k
Comps:
- 518 Montgomery Dr – $350K
- 557 Welsh Dr – $350K
- 811 Laverne Dr – $320K
DEAL AT A GLANCE
- Taxable Assessment: $189,300 | Annual Tax: $1,477
- Beds/Baths: 3 / 2
- SQFT: 1,616 total (868 up, 748 down, per tax record)
- Lot: 0.28 acres (12,196 SF) – flat, fully fenced backyard
- Year Built: 2004
- Style: Split Foyer
- HOA: $1,175/yr (gated, amenity-rich community)
- Occupancy: Owner-Occupied (showings by appointment only)
- Closing: Flexible – can close within weeks
WHY INVEST HERE?
- Big, Private Lot: Expansive fenced backyard, mature trees, concrete patio, two sheds—room for play, pets, or future improvements.
- Outdoor Living: Massive two-level rear deck needs minor TLC, but has huge entertaining potential. Stairs to yard and underdeck space.
- Solid Structure: Modern split foyer build with brick/vinyl curb appeal. Attached garage with direct lower-level access.
- Amenity-Packed Community: Secure, gated entry, two pools, private lake, beach, gym, tennis, basketball, tot lots, clubhouse, and more.
- Convenient Location: Minutes to I-95, shopping, and Caroline County schools. Community named CVC-CAI Association of the Year!
- Strong Resale Market: Homes in Lake Land’Or sell quickly—big lot and modern split foyer means huge resale upside.
- Turnkey Rental or Flip: Easy rental potential or fast resale after cleanout and updates. Great for owner-occupant, investor, or Airbnb.
INTERIOR HIGHLIGHTS
- Flexible Layout: Main level offers living, dining, open kitchen, two bedrooms, and a full bath; lower level features large suite, laundry, rec/family room, walk-out to patio/yard.
- Bright & Open: Vaulted ceiling in living room, abundant natural light, large windows, eat-in kitchen.
- Move-In Ready: All appliances included—built-in microwave, dishwasher, electric range, fridge, washer/dryer hook-ups.
- Potential Upside: House needs a heavy cleanout and cosmetic refresh, but mechanicals and structure appear solid. Ideal for quick update or full value-add project.
- Primary Suite: Lower level could serve as luxury owner’s suite or in-law, with large bath, walk-in closet, and direct walk-out.
- Energy Efficient: Central HVAC, heat pump, public water/sewer, newer systems.
EXTERIOR & SYSTEMS
- Curb Appeal: Brick/vinyl exterior, attached 1-car garage, mature landscaping.
- Deck & Yard: Expansive two-level deck (needs cleaning/paint), large patio, fully fenced backyard—plus two storage sheds.
- Systems: Central HVAC and updated panel. Exterior condenser recently serviced (needs landscaping clean-up).
PHOTO HIGHLIGHTS & VALUE-ADD NOTES
- Exterior: Great bones, classic split foyer design. Roof, siding, and windows look solid. Some exterior TLC and pressure-washing needed.
- Deck/Outdoor Spaces: Oversized, needs cleaning and paint but adds tremendous value. Large flat lot—biggest yard in the area.
- Garage & Storage: Direct access from garage to basement. Two backyard sheds for storage.
- Interior: Heavy clutter throughout—plan on full cleanout, fresh paint, and flooring upgrades for instant equity.
- Kitchen & Baths: All functional; quick updates and deep clean will go a long way.
- General Condition: No major red flags in photos—just needs a cosmetic refresh and new vision!
WALKTHROUGH & SHOWING INFO
- Property is owner-occupied – showings by appointment only
- Do NOT disturb occupants
- First to contract at $260k locks in the deal!