Ellicott City, Maryland 21042
Listing Details
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Ellicott City, MD 21042

4 Beds | 3 Baths | 2,514 sq. ft.
Short Sale
Listing ID: 52546535

$449,900

Short sale properties represent tremendous opportunity to you as a buyer because they are aggressively priced to sell well below or just at fair market value. Existing homeowners are typically distressed and eager to sell for less than what is owed on their mortgages. They are "underwater" and either can no longer afford their mortgage payments or are simply unwilling to continue to make them for various reasons. For more check out 'First Steps' below.
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  • Property Information
    • Price: $449,900
    • Bedrooms: 4
    • Bathrooms: 3
    • Full Baths: 2
    • Half Baths: 1
    • Living Area Size: 2,514
    • Basement: Yes
    • Total Square Feet: 2,546
    • Lot Size: 0.35 acres
    • Style: Colonial
    • Heating Type: Heat Pump
    • Air Conditioning: Central A/C
    • Year Built: 1987
    • Description: Enchanted Forest Colonial. Sold "AS IS" Maybe subject to Short Sale. 4BR,2.5BA. Bright Sunroom, Vaulted Ceiling, MBR W/Cathedral Ceiling, 3 Good Size Bedrooms. Separate Laundry/Mud Room. Copyright 2019 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
    • Source ID: MDHW265050
    • Day(s) On Site: 135
  • Property Tax Roll
    • Subdivision: Enchanted Forest Estates
    • School District: HOWARD COUNTY PUBLIC SCHOOL SYSTEM
    • Elementary School: ST. JOHNS LANE
    • Junior High School: PATAPSCO
    • Senior High School: MOUNT HEBRON
    • Property Type: Single Family Dwelling
  • County Tax Roll
    • Baths: 2.5
    • Full Baths: 2
    • Half Baths: 1
    • No. of Stories: 2 STRY W/BSMT
    • Parking: ATTACHED FRAME GARAGE
    • Parking Sqft: 528
    • Air Conditioning: SPLIT SYSTEM
    • Fireplaces: 1 STORY BRICK
    • Exterior Wall Type: FRAME
    • Heating Type: HEAT PUMP
    • Roof Material: COMPOSITION SHINGLE
    • Land Area Sqft: 15,139
    • Year Built: 1987
    • APN: 0024-0002-0020-0000-0001
    • Property Type: Single Family Residence
    • Township: 02
    • Living Sqft: 2,514
    • Garage: ATTACHED FRAME
    • Style: CONVENTIONAL
    • Sewer Type: PUBLIC
    • Water Type: PUBLIC
    • Subdivision: ENCHANTED FOREST ESTATES SEC 0
  • AVM Report
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  • County Information
  • Document Center
  • Mortgage Information
    • Estimated Monthly Payment: Payments as low as $2,363 per month
    • Monthly Payment Disclaimer:

      Based on a 30 year fixed-rate of

      5.75% with $44,990 (10%) down.

      Check rates now!
Listing History
Start Date End Date Listing Type  
09/24/19 09/27/19 Preforeclosure View now
09/13/19 09/27/19 Preforeclosure View now
10/22/15 11/05/15 Preforeclosure View now
07/09/15 11/05/15 Preforeclosure View now
  • Contact Information
    • Agent Company: Realty Advantage
    • Agent Name: Kenneth Lewis
    • Agent Company Address: 2403 Research BOULEVARD
    • Agent Company City: Rockville
    • Agent Company State: MD
    • Agent Company Zip: 20850
    • Agent Company Phone: (301) 881-9800
    • Agent Company Email: Email Now
    • Agent Phone: (301) 881-9800
    • Agent Email: Email Now

FIRST STEPS:

Short Sales

You've identified an ideal short sale property. Now what? Short sale properties represent tremendous opportunity to you as a buyer because they are aggressively priced to sell well below or just at fair market value.

Read more

Indeed, the existing homeowners are typically distressed and eager to sell for less than what is owed on their mortgages. They are "underwater" and either can no longer afford their mortgage payments or are simply unwilling to continue to make them for various reasons.

On the flip side, lenders are often willing to agree to sale prices that are considerably less than what is owed on the current mortgages because the alternative is foreclosure, a costly, complicated and expensive process that will most likely only clog their non-performing asset pipeline further.

Therefore, once you identify a desirable short sale property, it's important to contact a local licensed real estate professional - or the listing agent - who can walk you through the negotiation and purchase process.

You need to act fast!

That's because short sales are time-sensitive. In addition, it's not a "traditional" transaction, meaning that it often takes longer - about four to six months on average - to close a deal.

But, more often that not, it's well worth the wait ... literally and figuratively.

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