UPPER MARLBORO / PG COUNTY END UNIT | 4 BED + FINISHED WALKOUT BASEMENT | STRONG 400K-415K COMMUNITY COMPS (NOT IN MLS)
Sold Sight Unseen-No Access until we have a ratified contract with the buyer
PROPERTY OVERVIEW
3-Level End-Unit Townhome Located in the Established Kettering / Joyceton Community of Upper Marlboro.
4 Bedrooms and 2.5 Bathrooms.
Approximately 1,280 SF Above Grade Plus 600 SF Below Grade, Providing Approximately 1,880 Total SF.
Finished Walk-Out Lower Level and Fenced Rear Yard.
Existing 4-Bedroom Layout Provides an Excellent Foundation for a Renovation and Retail Resale.
COMPARABLE SALES AND ARV SUPPORT
Excellent ARV Comp: 10536 Joyceton Dr is a 4 Bedroom / 3.5 Bathroom Townhome with Approximately 1,996 Total SF and Finished Lower Level That SOLD FOR 415K IN JUNE 2026.
Comparable Features Updated Finishes, an Additional Full Bathroom, Newer Major Systems, and a Deck, Providing Strong Upper-End Support for the Subject's Renovated Value.
Additional Community Support: 140 Joyceton Ter is a 4 Bedroom / 3.5 Bathroom Townhome with Finished Basement That SOLD FOR 400K.
20 Joyceton Way is a 4 Bedroom Townhome with Finished Lower Level That SOLD FOR 385K IN JULY 2026.
Multiple Same-Community Sales Support the Subject's Potential Resale Value in the Low-400K Range Following a Strong Renovation.
Estimated Renovated ARV: 400K to 410K.
PROPERTY LAYOUT AND VALUE-ADD OPPORTUNITY
Main Level Features Half Bathroom Near the Entrance, Living Room, Dining Room, and Kitchen with Sliding Door Access to the Rear.
Opportunity to Add an Elevated Rear Deck off the Main-Level Kitchen / Dining Area to Improve Outdoor Living Space and Resale Appeal.
Upper Level Features Primary Bedroom with Full En-Suite Bathroom, Two Additional Bedrooms, and Full Hall Bathroom.
All Three Upper-Level Bedrooms Feature Vaulted Ceilings.
Lower Level Features Finished Family Room with Sliding Door Walk-Out Access to the Level Rear Yard, Fourth Bedroom, and Unfinished Laundry / Utility Area.
Existing 4-Bedroom Configuration, Finished Walk-Out Basement, and End-Unit Location Provide a Strong Renovation Foundation.
PROPERTY CONDITION AND FEATURES
End-Unit Townhome.
4 Bedrooms and 2.5 Bathrooms.
Finished Walk-Out Basement.
Vaulted Bedroom Ceilings.
Fenced Rear Yard.
HVAC Approximately 8 Years Old.
Roof Approximately 10 Years Old. Video Indicated the Roof Was Older, but This Is Not the Case.
Estimated Renovation Budget of 70K.
LOCATION AND COMMUNITY
Located in the Established Kettering / Upper Marlboro Area.
Convenient Access to Shopping, Dining, and Largo / Woodmore Area Amenities.
Accessible to Metro Transportation and Major Commuter Routes, Including I-495.
Strong Owner-Occupant Resale Appeal for a Renovated 4-Bedroom End-Unit Townhome.
HOA Fee Approximately 223 Quarterly or 75 Monthly.
INVESTMENT SUMMARY
Purchase Price: 239K
Estimated Renovation: 70K
Total Purchase and Renovation Basis: 309K
After-Repair Value: 400K to 410K
Potential Gross Spread: Approximately 91K to 101K Before Closing Costs, Financing, Holding Costs, and Resale Expenses.
Closing Date: Thursday, December 31, 2026.
Final and Best Offer Deadline: Thursday, November 12, 2026 at 9:00 AM.
OFFER REQUIREMENTS AND PROPERTY ACCESS
Submit Final and Best Offer Through the MarketPro Website Before the Stated Deadline.
Proof of Funds and LLC Documents Must Be Uploaded for Offer Consideration.
No Property Access Until a Ratified Contract with a Buyer Is in Place.
A Walkthrough Will Be Organized After Contract Ratification.
Craig Is Available to Review Property Pictures or Videos and Answer Questions.
