902 Sycamore Lane, La Plata, MD 20646

902 Sycamore Lane La Plata MD 20646
Managed

Welcome to 902 Sycamore Lane,
La Plata, MD 20646

902 Sycamore Lane was an interior two-level townhome in The Meadows – La Plata subdivision.  The home was located in the Incorporated Town of La Plata in Charles County.  It had 3 bedrooms and 1-1/2 bathrooms.  The main level had a sunken living room, a dining room, a half bath, and an updated eat-in kitchen with all new appliances. There was access to the concrete patio and fully-fenced back yard from the living room.  The home had 3 bedrooms on the upper level, along with a full bathroom.  Finally, there were two parking spaces in the asphalt driveway in front of the home.  There was no HOA at this property.

902 Sycamore Lane, La Plata, MD 20646 Google Map

Rental Listing and Compensation Information for
902 Sycamore Lane, La Plata, MD 20646

We listed 902 Sycamore Lane for rent on June 1, 2021 for $1,500.00.  The owners offered a rental commission of 25% of the first months’ rent through an Exclusive Right to Represent the Buyer/Tenant Agreement.  We worked on some repairs while the home was being shown to potential tenants.  It was ultimately rented for $1,500.00 on June 22, 2021.  We actually found the tenants and rented the home to them as unrepresented party through the Understanding Whom Real Estate Agents Represent Disclosure.

Historical Background for
902 Sycamore Lane, La Plata, MD 20646

902 Sycamore Lane was a bank-owned (REO) listing that was listed for sale by Dale M. Servetnick.  It was ultimately purchased by DMS Properties, LLC Residential Real Estate Services on May 23, 2014.  The purchase price was $80,000 in AS IS condition.  The property required extensive repairs.  They were completed by our contractors.  This led to the development of our Homeowner Concierge Repair Service Program.  The property repairs cost approximately $25,000 and brought the value of the property up to the after-repair fair market value of $140,000 in 2014.  The home later appraised in 2019 for $178,000.

The property was rented for the first time on December 1, 2014 for $1,350 per month.  New tenants moved into the property on February 6, 2016, with their lease at $1,375.  After it became clear that they could not continue to pay the rent, they were voluntarily evicted from the home.  This is one of the things we do for our landlords and homeowners.  The home was rented again on May 1, 2018 for $1,425.  That tenant moved out on May 15, 2021.

902 Sycamore Lane, La Plata, MD 20646
Has Been Rented and Is No Longer Available

Even though this property is no longer available, we can help you find something similar located in Charles County.  If you are thinking about renting a home in Maryland, we can help!  You can view information about Homes for Rent in La Plata, MD 20646 that are available.  This will show you the most recent MLS information about active listings.  Finally, you can Search Rentals to review listing information about other homes for rent in all areas of Maryland.  You can also look at listings of homes for rent in Charles County priced under $1,600 per month.

If, on the other hand, you have a home that you would like to rent, we can help you with that, too!  We can work with you to Determine the Return on Investment (ROI) for your Rental Property.  Finally, we can help you find qualified tenants for your rental property.  We can discuss the Rental Listing Agreement with you and get your listing active quickly.

Finally, if you are thinking about selling a home that you already own, we can help!  The first step is to determine the Fair Market Value of Your Home.  When you answer a few questions about your home, we can perform the analysis and send you the results within a couple of days.

Contact Us About Homes To Buy, Rent or Sell

Price:$Rented on June 22, 2021: $1,500
Address:902 Sycamore Lane
City:La Plata
County:Charles
State:MD
Zip Code:20646
Year Built:1981
Floors:2
Square Feet:1232
Acres:0.04
Lot Square Feet:1800
Bedrooms:3
Bathrooms:1
Half Bathrooms:1
Pool:None
Property Type:Townhome
Condo:$1,500 Security Deposit Required
Financial:Income Requirements: $5,250/ monthly - $63,000/ annually
Condition:Move-In Ready
Heat/Cool:Electric
Community:The Meadows - La Plata
Parking:Unassigned Parking Spaces
Laundry:In Unit
Utilities:Tenants are responsible for electric service, water and sewer service, trash removal service, lawn maintenance, telephone, cable TV and Internet service.
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