11408 MERCURY DR, MANASSAS, VA

Hello,

Need help on REO Evaluation Deal trying to get ARV

There is no photo.

I need help getting to a price.

#3 is only similar property - but a little bigger

All others are bigger AND across the highway.

List Price is $139,900.00

My Offer is to be $114,718.00.

There is a profit - somewhere.


Your help is needed + comments are welcome.


Please advise.

Bob


Your right; only comp 3 and 14 are comparable. I found a 3rd comp for you on 11961 MENTE RD in MANASSAS, VA 20112 (Distance: 1.05 miles)

Residential - Single Family, Bedrooms: 2, Bathrooms: 2, Sale price: $184,900, Sale date: 01/08/2008, Year built: 19.


I would say value is between 200k and 250K. I wish you good luck with deal. There appears to be a lot of equity in this home.