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Updated over 8 years ago,

User Stats

115
Posts
10
Votes
Paris Wilson
  • Investor
  • Gwynn Oak, MD
10
Votes |
115
Posts

Woodmoor Estates SFR Detach Rancher in GWYNN OAK Baltimore County

Paris Wilson
  • Investor
  • Gwynn Oak, MD
Posted

Another GEM!! This 1475 square foot single family detach rancher home has 3 bedrooms and 1.5 bathrooms. It is located at 7000 blockof Paris Rd Gwynn Oak, MD. Woodmoor Estates,built in 1955, 9,000 sq ft lot, across street from Woodlawn Middle, down the street from Woomoor Elementary. AS IS value $117,000. Asking $105k obo, ARV $230k, repair cost $40-$50k. Please provide POF to receive lockbox code, in depth Property Summary and $3500 EMD at time of contract. CASH ONLY, must be able to close in 7 business days. Continued success to you. See you at the closing table.

PURCHASE/REHAB ASSUMPTIONS
% of ARV: 67%
After-Repair Value (ARV)230,000.00
Purchase Price (Offer Price)105,000.0045.65%
Rehab Costs45,000.0019.57%
Total Holding and Closing Costs5,000.002.17%
Total Financing Costs0.000.00%
Total Project Cost Basis155,000.0067.39%
Total Amount Financed0.00
Total Cash Commited155,000.00
PROJECTED RESULTS
Projected Resale Price220,000.00
Projected Cost of Sale13,200.00
Flip Profit51,800.00
ROI33.42%
Annualized ROI100.26%
Timeline Assumptions
Time to Complete Rehab2 Months
Time to Complete Sale2 Month 
Total Time4 Month

Property Details for 7000 block PARIS Road

Virtual Tour, Parking / Garage, School / Neighborhood, Utilities
    Parking & Garage
  • No Parking
    School Information
  • Elementary School: WOODMOOR
  • High School: MILFORD MILL ACADEMY
  • Middle School: WOODLAWN
    Utility Information
  • Heating: 90% Forced Air
  • Fuel: Natural Gas Heating
  • Cooling: Central A/C
  • Fuel: Electric Cooling

Interior Features

    Bathroom Information
  • Main Floor Baths (Full): 1
  • Main Floor Baths (1/2): 1
    Bedroom Information
  • Main Floor Beds: 3
    Dining & Kitchen
  • Kitchen/Dining Combination
    Additional Rooms
  • Above Grade

Exterior Features

    Water & Sewer
  • Public Sewer
  • Public Water
  • Hot Water: 60+ Gallon Tank
    Building Information
  • Brick and Siding Exterior

Financing, Location Details, Misc. Information

    Finances & Fees
  • Tax Year: 2015
  • Total Taxes: $2,922.15
  • Total Taxes Frequency: Annually
  • County Tax: $1,579.24
  • County Tax Frequency: Annually
  • Possession: Settlement
    Location Information
  • Directions: From Liberty Road turn onto St Lukes Lane proceed .5 miles turn right onto Paris Road. The house is on the right.
    Assessment Information
  • Year: 2016
  • Total Assessment: $143,700.00
  • Total Assessment Frequency: Annually
  • Special Tax Assessment: $1,342.91
  • Special Tax Assessment Frequency: Annually
  • Land Assessment: $58,400.00
  • Land Assessment Frequency: Annually
  • Improvement Assessment: $85,300.00
  • Improvement Assessment Frequency: Annually

Property / Lot Details

    Property Information
  • Sq. Ft. (Finished): 1475
  • Parcel #: 377
  • Ownership: Fee Simple
  • Tax Legal Subdivision: WOODMOOR ESTATES
  • Block or Square: A
  • Election District: 2
    Lot Information
  • Lot #: 12
  • Section: 1
  • Acres (Lot Area): 0.206612
  • Above Grade Structure

Public Records for 7000 block PARIS Road

Taxable Value

Land$58,400
Additions$71,900
Total$130,300
Taxes (2015)$2,001

Basic Info

Beds
Baths1.5
Floors1
Year Built1955
Year Renovated
StyleSingle Family Residential
Finished Sq. Ft.1,475
Unfinished Sq. Ft.
Total Sq. Ft.1,475
Lot Size9,000
Offering