Foreclosure for Sale at 510 JURGENSEN PLACE, HYATTSVILLE, MD 20785

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Foreclosure: 510 Jurgensen Place
Hyattsville, MD 20785

Vernice Keith with Samson Properties, original listing - (301) 850-0255

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Property Details

List Price:	$454,950
Beds:	3
Baths:	Full: 2, ½: 2
Status:	Active
SqFt:	1600 Square Feet
Agency:	Samson Properties
Agency Phone:	(301) 850-0255

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Description/Comments

Lot Size:	0 sqft
Property Type:	Residential-Townhouse
Year Built:	2011
Notes:	Welcome Home to 510 Jurgensen Place!<br /> <br /> This charming 3-bedroom, 2 full bath, and 2 half bath townhouse is nestled in the heart of Hyattsville, MD. Built in 2011, this immaculately maintained, move-in-ready home offers modern living across a spacious 1,600-square-foot layout.<br /> <br /> Key Features:<br /> Spacious Living: Open-concept main level, perfect for relaxing or entertaining.<br /> Modern Kitchen: Contemporary appliances, ample storage, and stylish finishes.<br /> Comfortable Bedrooms: Three well-appointed bedrooms, including a primary suite with en-suite bath.<br /> Extra Bathrooms: Two full and two half bathrooms provide added convenience.<br /> Attached Two-Car Garage: Secure and convenient parking with additional storage space.<br /> <br /> Community Amenities:<br /> Swimming Pool: Cool off and relax during warm months.<br /> Recreation Center: A dedicated space for social gatherings and activities.<br /> Fitness Center: Stay active with access to a weights and exercise room.<br /> <br /> Location Highlights:<br /> Situated on a 1,280-square-foot lot, this home is part of a vibrant community. Enjoy easy access to shopping, dining, and entertainment. Commuters will love the unbeatable location—just one block from the Metro subway station and minutes from I-95 and I-495, providing seamless travel to Washington, D.C., and surrounding areas.<br /> <br /> Remark:<br /> This home is owner-occupied—please confirm your appointment prior to showing.<br /> <br /> Don’t miss this opportunity to own a well-maintained, move-in-ready home in an ideal location!
MlsNumber:	--
ListingId:	MDPG2140058

Listing Provided By:	Samson Properties, original listing
Phone:	(301) 854-2155
Office Phone:	(301) 850-0255
Agent Name:	Vernice Keith
Disclaimer:	Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest.

The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered.

VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale.

This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments.

Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.

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