PIKESVILLE, MD 21207

PRICE ADJUSTMENT with QUICK CLOSE!!! PIKESVILLE / BALTIMORE COUNTY BRICK COLONIAL | WALKOUT BASEMENT 4BD/3BA POTENTIAL FOR VALUE-ADD | SAME-STREET RENOVATED SALE TO 469K (NOT IN MLS)

Property Overview

• Solid 3-level brick Colonial situated on approximately .21 acre lot.
• Features 3 bedrooms and 2 full bathrooms with approximately 1,537 SF above grade plus a 754-SF lower level.
• Walk-out basement, long private driveway and parking for multiple vehicles.
• Strong value-add opportunity with potential to create a renovated 4-bedroom, 3-bathroom finished home.
• Sold sight unseen. No property access until a contract with a buyer has been ratified.

Layout and Features

• Main Level: Large living room, dining room, full bathroom and eat-in kitchen with side exit door. Exterior steps need to be added.
• Upper Level: Three bedrooms and a full hall bathroom.
• Lower Level: Approximately 754 SF with good ceiling height, walk-out/walk-up access to the rear yard, laundry and utility area, and additional finished-space potential.

Renovation and Value-Add Potential

• Basement Expansion: Opportunity to finish the lower level and potentially add a fourth bedroom with proper egress and a third full bathroom.
• Resale Strategy: Create a more competitive 4-bedroom, 3-bathroom renovated Colonial.
• Adding finished basement living space and updating the mechanical systems could improve overall retail appeal.

Updates and Condition

• Roof approximately 2 to 3 years old.
• Brick exterior and replacement windows.
• Long private driveway with multiple parking spaces.
• Approximately .21 acre lot.
• Walk-out basement.
• Baseboard heating.
• No central A/C. Renovation budget should include adding central cooling and updating mechanical systems as needed.

Important Water and Basement Considerations

• Evidence of water seepage near the lower-level walk-out door, where the exterior opening is currently covered with a tarp.
• Investor should prioritize correcting the exterior water-entry and drainage issue before finishing the basement.
• Address elevated moisture conditions and properly evaluate and remediate any confirmed microbial growth.
• Additional basement improvements should be budgeted after the source of moisture has been corrected.

Comparable Sales and ARV Support

• 3515 Rhom Rd: Renovated 4-bedroom, 2.5-bathroom home with finished basement sold for 370K. Smaller than the subject and provides strong renovated value support.
• 7017 Lancaster Rd: Approximately 1,734 SF with 3 bathrooms sold for 416K in January 2026.
• 4001 Essex Rd: Purchased by an investor, fully renovated and resold for 469K. Larger 5-bedroom, 4-bathroom property directly on Essex Rd, demonstrating strong retail demand for renovated homes on the same street.
• Estimated renovated value for the subject is approximately 380K to 400K.

Location

• Convenient Pikesville and Baltimore County location.
• Quick access to I-695.
• Close to shopping, dining, employment centers and the greater Baltimore area.
• Strong owner-occupant resale appeal for a properly renovated 4-bedroom, 3-bathroom Colonial.

Investment Numbers

• Buy Price: 185K
• Estimated Renovation: 100K
• Total Buy and Renovation Basis: 295K
• Estimated ARV: 380K to 400K
• Estimated Potential Gross Spread: 85K to 105K before closing costs, holding costs, financing and resale expenses.

Transaction Details

• Closing Date: November 20, 2026.
• Final and Best Offer Deadline: Friday, November 13, 2026 at 9:00 AM.
• Submit offers through the MarketPro website.
• Proof of Funds and LLC documents must be uploaded for offer consideration.
• Property is being sold sight unseen. No access is available until a contract with a buyer has been ratified.

Important Buyer Requirements and Disclosures

• Seller of equitable interest only. Property is not owned by the assignor.
• Transaction will be completed through an assignment of MarketPro's existing contract.
• All property information is proprietary to MarketPro South, Inc. and its affiliates.
• Buyers must conduct their own due diligence. Repair costs and property values provided are estimates only.
• Buyers are responsible for property cleanout and all closing costs.
• Strictly prohibited from contacting the sellers directly without express written consent from MarketPro.
• Unauthorized seller contact may be considered intentional interference with a contract and may result in legal action.
• MarketPro does not collaborate with other wholesalers.

Contact Information

• Contact: Craig Eberhardt
• Phone: 301-812-4504
• Available for calls and text messages.

Deal Text Notifications

• To receive deal notifications, text DEALSDMV to 91074.
• Text STOP to end notifications.
• Message and data rates may apply.