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Silver Spring Below Appraisal Deal! Priced $19,490 Below Appraisal!
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Priced $19,490 Below Appraisal!


Priced $19,490 Below Appraisal!!
DealScan Analyzed over 25 Metrics to Select this Property!!

Silver Spring MD | 3/2 | $239,000 | 8.5 Deal-Score Happy-Adanced-Analytics Identified this deal & makes it easy for you to make an offer.

Happy Smart-Tech™ Deal Attributes!


What Makes this a Potentially Good Deal?
Happy PropertyScan™ Technology analyzed metrics not available on Zillow, Trulia or anywhere else.
   
Appraised at $258,490 but Asking $239,000.
$19,500 Below C2* Appraisal
$21,000 Below p1Appraisal
$17,971 Below realAppraisal
High 8.5 Deal Rating
Listed 69 Days Ago! Seller may now be motivated.


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Potential Property Metrics
Asking Price: $239,000
Reccommended Offer:$190,148
Repair Estimate: $8,714
Total Investment Estimage$198,862
Potential Value After Repairs:$261,128
Potential Profit / Discount $48,056
 

Values are estimates generated by Happy Investor advanced analytics and are not a guarantee of profits. Use these numbers as guidance while also doing your own research, research with a Realtor or other experts.

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Potential $48,056.00 Profit*

Property is Priced Well Below Online Appraisal Values! Make Offer.
Address: Get Free Account To View!
City: Silver Spring
State: MD
Zip: 20906
First Listed: 12/1/2022
Year Built: 1988
Contact: Get Free Account To View!
Phone: Get Free Account To View!
Price: $239,000.00
Online Appraised Value: $258,490.00
Original Price:$239,000.00
Beds/Baths/Sq. Feet: 3/2 | 1043





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Property Description

Rare 3 BR 2 BA condo in great location. This could be a great investment op...........
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............portunity as there is a long-term tenant in place. Notice can be provi...........

 

Property Genius Advanced Analytics

PROPERTY ADDRESS: View Here

Profit/Loss Potential Analysis (C)
Current Asking Price$239,000 Original asking price of $239,000. Listed on Market 69 days ago.
Your Reccommended Offer Price! (V) $190,148 Offer Price Based on ** Already being on market for 69 days. ** Comments on property indicating the seller is motivated (Investment Property)
If more than 1 out of 5 of your offers are being accepted, you are offering too much. Be disiplined! 69 Days on Market. (Make Offer!)
Estimated Repairs based on property age and square footage $8,714 Adjust this number based on images below! Property was built in 1988 and has 1043 Square Feet!
Total Investment$198,862Need Financing to Do This Deal? Contact our Customer-Assistance Office Here
Estimated Selling Price after repairs/updates$261,128!! $261,128 ARV Estimate was determined using a combination of the following:
* $60.00 Value Estimate based on property being worth the original listing price of current seller after repairs are made, PLUS double the dollar armount of repairs you make to the property.
* $271,415 Value Estimate based on property being worth 5% more than 3rd Party Appraised Value of $258,490 after updates and repairs. Determined by Analyzing Tax Value, Online Appraisals, Value-Added from Repairs & More.
Estimated Net Received on Sale$246,918 (Hire a 1% Listing Realtor to sell home. Buyer's agent will collect 3% of sales price at closing. $500 title Policy. 1% of sales price title insurance expense. Wise to do $0 seller concessions. Pay pro-rated property taxes.
Potential Net Discount *$48,056 These numbers were generated by our Property Genius algorithms. Do additional due diligence by looking at comparable sales, having a real estate expert review the deal, and getting an inspection.





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