Owner
$1,219,889
1401 FALLS RUN CT, DAVIDSONVILLE, MD
Quick Facts
owner occupied
Yes
vacant
No
corporate owner
No
beds
0
baths
4
sq. ft.
4,236
property type
Single Family Residential
hoa
No
About
Residential
Building Quality C
Excellent Condition
Total Area
Built-In
2 Stories
Improved Basement (Finished)
Heat Pump
Yes
Financial Overview
Home Equity
Property
Outstanding Debt
Property
Loan-to-Value Ratio
Property
Property Features
Year Built
2014
Building Size
4,236 sq ft
Lot Size
44,431 sq ft
Lot Size (Acres)
1.02 acres
Distressed Property Status
In Pre-foreclosure
Property
Notice of Sale Filed
Property
Notice of Default Filed
Property
Scheduled for Auction
Property
Filing Date
Property
Property Location Details
Parcel Number (APN)
02-761-90229528
County
Anne Arundel County, MD
Metro Area
Baltimore-Columbia-Towson, MD
Zoning
RA
Neighborhood/Subdivision
FALLS RUN
Lot Number
10
School District
Anne Arundel County Public Schools
Legal Description
LT 10 1401 FALLS RUN CT THE SUMMIT AT COPPER RID
Tax & Value Information
Market Value (Total)
$869,700
Building Value
$604,500
Land Value
$265,200
Annual Property Tax
—
Tax Assessment Year
2023
Assessed Value
$869,700
Last Assessment Year
2023
Original Primary Mortgage
Property
Primary Mortgage Type
Property
Original Secondary Mortgage
Property
Secondary Mortgage Type
Property
Current Mortgage Amount
Property
Current Mortgage Type
Property
Interest Rate
Property
Loan Term
Property
Lender Name
—
Last Sale Contract Date
5/21/2014
Recording Date
6/5/2014
Sales Document #
—
Primary Owner
Property
Co-Owner
Property
Previous Owner
Property
Previous Co-Owner
Property
Recent sales Comparables
Estimated Value:
$0
Average Price per Sq.Ft.: $0.00
Sales Comparables
Real Estate Investment Analysis
Evaluate this property as a fix & flip opportunity
Estimated Profit
$47,203
Return on Investment
15.60%
After Repair Value
$1,341,878
Basic Inputs
Financing
Down Payment
20%
Interest Rate
6.5%
Loan Term (Years)
30
Holding Period (months)
6
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Analysis Details
Purchase Price
$1,097,900
Renovation Cost
$60,994
Closing Costs (buying)
$21,958
Holding Costs
$33,309
Selling Costs
$80,513
Total Investment
$302,532
After Repair Value (ARV)
$1,341,878
Total Costs
$1,294,675
Estimated Profit
$47,203
Cash Invested
$280,574
Return on Investment
15.60%
Return on Cash Invested
16.82%
Nearby Schools
No Elementary School nearby
No Middle School nearby
No High School nearby
Properties owned by investors
Income Distributions
Ethnicity Distributions
Chart
Yearly Purchases
Connex Segmentation Clusters
Area Profile for Investors
Quiet Residential
Walkability
Poor
(0 POIs within 1mi)
Amenities Within 0.5mi
0
locations
Schools Within 1mi
0
schools
Area Class
A
class
Investor Insight
This is a quiet residential area with 0 amenities within 1 mile.
The area has limited nearby amenities.
Key features for tenant appeal:
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Key Amenities in the Area