Opening Bid
$100,000
Bank Owned

1003 KENTLAND AVE

TAKOMA PARK, Maryland 20912

Investment Opportunity

Est. Resale Value
$599,000
Source: Collateral Analytics
Reserve
Not Disclosed
Opening Bid
$100,000
Online Auction - Now Bidding!
Bidding Ends In
1d 10h
Opening Bid
$100,000
Bid Increment
$25,000
Reserve Not Met

Property Details

Beds
4
Baths
2
Square Footage
1,376
Lot Size (Acres)
0.12
Property Type
Single Family
Year Built
1942
Property ID
2850227
Event ID
O1265W-32437
Occupied: Do not disturb occupants. Trespassing is a criminal offense. Why bid on occupied properties?
Contact Agent Info
Yes
Get in touch with the listing agent for this property
Buyer's Premium
5%
Winner will be charged a fee for this property. 5% of Winning Bid Amount, with no minimum required.
Cash Only
Yes
Conventional financing is NOT accepted for this property. Learn more
Interior Access
No
Interior access is not available for this property.
Broker Co-op
Available
A 1% or $400 minimum commission is available
Register for Broker Co-op

Special Notes

NOTE: Extent of plumbing issue is unknown. Property may have discoloration. The condition of the electrical system is unknown. Buyer assu... More »

Due Diligence

Educate yourself before you bid. Learn how to perform due diligence.
Review Property Information
Check out third party reports on property condition, market value and neighborhood info.
Examine Title and Liens
Preliminary reports are provided for reference. Seek a professional for a full evaluation.
Deed Type
Special Warranty Deed
Title Insurance Paid by
Seller
Review Purchase Agreement
Details of the Seller's terms and conditions, and your rights as the buyer.
Prepare Your Finances
Cash is the accepted payment. In some cases, hard money loans and lines of credit are accepted. See purchase documents for details. Why?
You'll need proof of funds within 48 hours of winning the auction.
Conventional financing cannot be used to buy this property.

Top FAQs

Will I be able to inspect the property before I bid?
Typically, no. Many properties will be sold "as is, where is," with all faults and limitations. You'll need to estimate any renovation costs from a distance. Even if you believe the home is vacant, treat it as occupied. These homes have not transferred ownership yet and walking on or entering the property is trespassing.
Does Auction.com have any more information on this property?

Like other real estate transactions, you should conduct careful due diligence before purchasing a property at auction. Common research items include local market value, property condition, and title report.

Please note, Auction.com is not the seller for any property made available online, and all information and photos to Auction.com have been made available on this page.

Will the property be free and clear of all liens?
Not necessarily. You should seek independent advice to perform your own due diligence and fully understand the foreclosure process and foreclosure sales in general. It is your responsibility to do a title search and seek any professional counsel before bidding.
Can I use financing to buy this property?
Typically, no. Be sure to check the property listing to see if financing is considered. Most properties on Auction.com are sold cash-only. That means you must pay the entire purchase amount by the closing date.
What happens if I am the winning bidder?

If you are the highest bidder at the end of an auction, here are your post-auction obligations:

  1. Contract Information: You'll receive an email confirming you have the highest bid. You will then need to provide important contracting information by filling out a form online. You can preview the required information on this form as a printable checklist. Make sure to submit the form within 1 business day.
  2. Purchase Agreement: Once everything is verified, the Purchase Agreement will be generated and you will need to sign and return the document for the seller to review and sign.
  3. Proof of Funds: You need to provide Auction.com a copy of your Proof of Funds by email within 2 business days.
  4. Earnest Money Deposit: Unless otherwise specified on your purchase agreement, you will need to send the Earnest Money Deposit to the closing company within 2 business days of receiving the transfer instructions. Send Auction.com a copy of your confirmation receipt within 1 business day of sending funds.
help center

Transaction Details

• Property will be sold Subject to Seller Confirmation. Seller must approve your auction bid before the sale can be finalized.
• Click HERE for similar properties
• This property is reported to be occupied and buyer is responsible for obtaining possession.
• A Buyer's Premium equal to 5% of the Winning Bid Amount will be added to all Winning Bid amounts to determine the Total Purchase Price.
• If you are the Winning Bidder, an Earnest Money Deposit of 5% of the Total Purchase Price or $2,500 (whichever is greater) is required.
• Buyer will receive a Special Warranty Deed or equivalent.
• Buyer cannot represent him/herself in a purchase and collect a broker commission, regardless if purchase is made as an individual or as part or whole owner of an entity
• Property is being offer as is, where is.
• Buyer may be assessed a $35 Document Preparation Fee paid at closing to a third party provider.
• Until the seller's reserve price is met, Auction.com may counter bid on behalf of the seller. Counter bidding gives buyers and sellers more flexibility to find a mutually agreeable price. Counter bids do not occur after the seller's reserve price is met. Learn more about reserve pricing.

Auctioneer Licensing Information

Auction.com Vibhav Kapila RE Brkr Lic No. 660150

Need Help?

connect chat

Chat with us

We're online
Mon-Fri
5am-5pm PT
connect email

Email us

For any questions,
please send us a message
connect talk

Talk to us

Mon-Fri
5am-5pm PT