In practical terms, this is a very spacious 4-bedroom, 2.5-bath single family home with 2,538 sq ft on a generous lot built in 1959. Larger HUD homes often carry higher utility and rehab carrying costs even when list price looks approachable. Bethesda, MD looks more rural/suburban on paper — verify drive time, insurance, and contractor availability before you commit.
IE (insurable with escrow) signals required repairs handled at closing via repair escrow — still a 203(b) path for many buyers, but the escrow amount and timeline matter as much as list price. Selling as-is often means HUD is not budgeting turn-key cosmetics — budget contingency for systems, moisture, and deferred maintenance even on insurable cases. 203(k) eligibility on the listing is a green light to discuss renovation financing — not a guarantee your contractor timeline fits the bid window.
Exclusive or lottery-style periods can narrow who may bid and when — match your agent’s registration to the case rules before you tour. Roughly 15 days on market is middle-aged for HUD — balance speed with diligence on repairs and neighborhood comps.
Example scenario — upgrade for this home's real HUDPRO score, value, and deal breakdown.
Plus or Elite: this listing’s Real Deal™ score & breakdown
Can I Finance It?
FHA Options
Includes 203(k) rehab financing
Check with a HUDPRO mortgage partner for all options
Monthly ownership?
~$5,902 / mo
P&I from list price — no HOA on listing; add tax, insurance & MIP for full cost. Illustrative 30-yr FHA P&I at ~6.875% with 3.5% down. Not a lender quote.
How Much Work?
$15k – $25k
Moderate repairs estimated
Basic payment estimate
Principal & interest only — illustrative, not a loan offer. Plus or Elite adds HOA, taxes, insurance, MIP, and the full ownership breakdown.
Listing data reflects publicly available HUD program information. Confirm property details, market conditions, and bidding strategy with a HUD-experienced real estate professional familiar with your target area.