GLEN BURNIE, MD 21060

GLEN BURNIE | BRICK RAISED RANCH | 2,100 SQFT ACROSS 2 LEVELS | 4BD POTENTIAL | FINISHED LOWER LEVEL (NOT IN MLS)

Sold Sight Unseen-No Access until we have a ratified contract with the buyer

• Property Overview

  • Glen Burnie brick raised ranch offering approximately 1200 square feet above grade and 900 square feet below grade for approximately 2100 total square feet.
  • Currently configured with 3 bedrooms, 1 full bathroom and 1 half bathroom, with potential to create a 4th bedroom.
  • Property features a private 2 car driveway, fenced backyard, covered rear outdoor area and above ground pool.

  Main Level

  • Large living room, dining room and kitchen.
  • Three existing bedrooms and one full hall bathroom.
  • Finished room off the kitchen that could potentially be converted into a 4th bedroom depending on the final layout.

  Lower Level

  • Approximately 900 square feet of lower level space.
  • Large finished recreation room and one half bathroom.
  • No rear walkout.

  Renovation and Condition

  • Factor roof replacement into the renovation budget.
  • Factor HVAC and central air conditioning replacement.
  • Hall bathroom ceiling shows signs of mold or moisture related to inadequate ventilation. Budget for proper ventilation improvements and remediation.
  • Existing solar panel system requires the buyer to assume responsibility for the remaining balance. Estimated payoff is no more than approximately 15000. Factor the full 15000 solar payoff into the renovation budget.

  Comparable Sales and ARV Support

  - Recent Size Comparable at 103 Scott Ave

  • Sold for 425000 on October 23, 2026.
  • Features 4 bedrooms, 3 bathrooms and approximately 2080 square feet.
  • Provides strong recent support based on overall size and bedroom count.

  - Current Pending Comparable at 212 Bertram Cir

  • Pending at approximately 440000.
  • Features 5 bedrooms, 2.5 bathrooms and approximately 1911 square feet.
  • Went under contract quickly, providing additional current market support above the subject's target.

  - Strong Higher Value Comparable at 7703 Meath Ct

  • Sold for 485000.
  • Features 5 bedrooms, 3 full bathrooms and approximately 1090 square feet above grade plus 950 square feet below grade.
  • Offers approximately 2040 total square feet across both levels, closely matching the subject's approximately 2100 square feet.
  • Superior bedroom and bathroom count supports a higher sale price, but the subject is conservatively underwritten below this comparable.

  Investment Strategy and ARV

  • Target renovated retail value is 425000 or higher.
  • Comparable sales and pending market activity support the target based on similar overall living space and stronger renovated properties in the area.
  • Potential 4th bedroom conversion may improve marketability and resale value, subject to layout feasibility.
  • Conservative underwriting accounts for the subject's existing bedroom and bathroom count, required system replacements, bathroom moisture remediation and solar payoff.

Important Transaction Terms

• Seller of equitable interest only. Property is not owned by the assignor.
• Property is currently under contract to MarketPro Homebuyers. Any transaction will be completed through an assignment of MarketPro's contract.
• Do not contact the seller or use the provided information to contact the seller without express written consent from MarketPro.
• Buyer is responsible for conducting due diligence and independently verifying property condition, renovation costs and market value.
• MarketPro provides estimated repair costs and property values only.
• Buyer is responsible for property cleanout and all closing costs.