GERMANTOWN, MARYLAND REO BARGAINS - 13901 LULLABY RD, GERMANTOWN, MD 20874

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Real Estate Agent with Realty Group Referrals 16766

 REO BARGAIN - GERMANTOWN, MARYLAND

Summertime home buyers know that the bargains are to be found in the inventory of the lender owned foreclosures in Montgomery County.  The lenders are holding an excessive number of properties and are now taking the necessary actions to sell the homes.  Prices are being reduced until homes are sold.

This home sold for $590,000 in the spring of 2005.  It is now available for a quick sale at $459,000.  Many buyers are using FHA financing for the low cash requirement and the ability to ask for closing costs assistance from the seller.  Recent changes by the White House made FHA even more attractive for use when purchasing lender owned foreclosures.  Ask us for a referral if you do not have a pre-qualification letter in hand.  You will need the letter when you submit an offer.  Let us know if you are interested on our client reports on lender owned homes in Montgomery County or Frederick County, MD. roykelley@mris.com

 

13901 LULLABY RD, GERMANTOWN, MD 20874  

KINGSVIEW RIDGE - 4 BEDROOMS/3.5 BATHS - $459,900
 
Photo

Tax Fiscal Year  2008  Estimated property tax and non-tax charges in first full fiscal year of ownership.

PUBLIC RECORD INFORMATION PROVIDED BY MRIS
 
TOTAL EST. CHARGES:  $5,707  City Tax:  Tax Year:  2008  
State/County Tax:  $3,942  Refuse:  198.42 Base Tax Rate:  0.74  
Special Tax:  $1,567 Homestd/Exempt Status:    Exempt Class:  000  
Front Foot Fee:  Tax Class:  42   Mult Class:  




ASSESSMENT        

         
Year Assessed 
Phase-in Value 
Land 
Improvement 
Land Use 
 
2008 $533,410 $236,410 $380,180
SOLD FOR $590,000 IN THE SPRING OF 2005

Posted by

Roy Kelley, Associate Broker

Realty Group Referrals (Retired from RE/MAX Realty Group)

6 Montgomery Village Ave., Suite 200, Gaithersburg, MD 20879

Office:  301-258-7757 

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