3905 gelding lane olney, maryland 20832

Property remarks
If this home were fixed up, it could sell for $550,000. It needs a few things like paint, new flooring, new kitchen, new roof and the basement needs a face lift. But, it is a very cool layout with an owner’s suite upstairs with it’s own family room and bath. There is also an owner’s suite on the main level with two more bedrooms. The baths need redoing as well. The outdoor space is really nice as well. It’s a short sale so it will be a long sale. The owner does not want any visitors, but you may walk around the home and see if you like it. Once an offer is accepted, we can schedule an inspection and then you can see the inside. There are two mortgages; one with Shell point and the other an investor. The last sale fell through because the buyer got tired of waiting. I expect this will be a four month process. The negotiator is Leslie Nesley and the closing company will be Mainstreet Settlements. It’s priced over $100,000 under market so it probably won’t last!
MLS
Residential
OLNEY SQUARE
$5,570
Annually
2020
2,324 Sqft
2,324 Sqft
$185
Monthly
MONTGOMERY COUNTY PUBLIC SCHOOLS
SHERWOOD
ROSA M. PARKS
BELMONT
Attached Carport,Driveway
1
1
more details
N
: Yes - Community
: Detached
R200
3
: Lower 1, Main, Upper 1
: Short Sale
Yes
N
N
: Other
: Other
: Contemporary
: Public
: Public Sewer
: Electric
: Electric
: Natural gas
: Heat Pump(s)
: Central a/c
EXP Realty, LLC
10/15/2020 13:15:52
12/19/2020 13:14:10
location
W78° 55' 21.3''
N39° 9' 23''
3905 GELDING LANE OLNEY, Maryland 20832
North on Georgia Ave, Left Olney-Laytonsville Rd, Left Gelding Ln to 3905 on Right

OLNEY SQUARE

3 Bedrooms
4 Bathrooms
2,324 Sqft
$429,000
MLS #MDMC707176
quick details
MLS : MDMC707176
Price : $429,000
Bedrooms : 3
Bathrooms : 4
Half bathrooms : 0
Year built : 1973
Finished square feet : 2,324 Sqft
Lot : 0.27 Acre
Subdivision : OLNEY SQUARE
Status : ACTIVE UNDER CONTRACT
Days on market : 6
Est close date : 03/30/2021
RE/MAX - The Choice Group
Montgomery County

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