5212 Cottonwood Drive, Lothian, MD 20711
- $405,000
- 3
- BD
- 2
- BA
- 1,680
- SqFt
- Sold Price
- $405,000
- List Price
- $395,000
- Closing Date
- Feb 29, 2024
- MLS#
- MDAA2077904
- Year Built
- 1979
- Status
- CLOSED
- Type
- Single Family Residential
- Bedrooms
- 3
- Baths All
- 2
- Baths Full
- 2
- Living Area
- 1,680
- Total SqFt
- 1680
- County
- Anne Arundel
- Subdivision
- Lothian Woods
Property Description
This residence boasts exceptional potential awaiting to be unlocked through cosmetic enhancements. Offered in its current state under AS IS/WHERE IS conditions, Seller is inviting buyers and investors to envision its transformation. Ideal for those considering a 203k rehabilitation loan or seeking an investment or construction loan, this property offers substantial value below current market prices and current appraised value. While cosmetic touch-ups are required, this presents an advantageous opportunity for the savvy purchaser. Please be aware that this property may not meet the requirements for FHA or VA loans but remains eligible for private lending, cash transactions. The Home has a potential for an additional half bath or full bath on the family room level. The seller has no knowledge of the conditon of the Well and Septic so selling in AS IS. The seller is driven to facilitate a swift transaction, emphasizing their motivation to sell. Seize this remarkable opportunity by scheduling a viewing today and envision the potential this property holds for your investment or renovation endeavors. Seller prefers no contingency offers.
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Additional Information
- Elementary School
- Lothian
- Middle School
- Southern
- High School
- Southern
- Other Structures
- Above Grade, Below Grade
- Structure List
- Above Grade, Below Grade
- Garage Spaces
- 2
- Style
- Split Level
- Interior Features
- Ceiling Fan(s), Dining Area, Floor Plan - Traditional, Kitchen - Eat-In, Other
- Basement
- Yes
- Fireplaces
- 1
- Cooling Fuel
- Electric
- Cooling
- Central A/C
- Heating Fuel
- Electric
- Heating
- Central
- Hot Water
- Electric
- Sewer Septic
- Community Septic Tank
- Water
- Well
- Tax Year
- 2023
- Possession
- Settlement
- Days on Market
- 4
- Acres
- 2.13
- Ownership
- Fee Simple