Home for Sale at 2316 PUTNAM LANE, CROFTON, MD 21114

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2316 Putnam Lane
Crofton, MD 21114

Heather Taylor with RE/MAX One, original listing - (410) 224-4400

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Property Details

List Price:	$725,000
Beds:	4
Baths:	Full: 3, ½: 1
Status:	Active
SqFt:	2032 Square Feet
Agency:	RE/MAX One
Agency Phone:	(410) 224-4400

Map Details Show Map | Show StreetView

Description/Comments

Lot Size:	0 acre(s)
Property Type:	Residential-Single Family Residence
Year Built:	1993
Notes:	Welcome to 2316 Putnam Ln – A Gem in the Heart of Crofton!<br /> Discover this beautifully maintained 4-bedroom, 3.5-bathroom single-family home in the highly sought-after Briarleigh community. Combining comfort, style and convenience, this home offers an inviting layout perfect for modern living.<br /> Step inside to a light-filled living space with gleaming wood floors. Relax by the cozy wood-burning fireplace in the living room after a long day, or entertain guests in the open kitchen and adjoining family room.<br /> Upstairs, the spacious primary suite boasts pergo floors, a walk-in closet and an ensuite bathroom. Three additional bedrooms and another full bathroom provide plenty of space for everyone. The finished basement adds even more versatility with a full bathroom, laundry room, built-in shelving for extra storage and recreation space.<br /> Outside, you’ll love the large brick patio, fire pit area, and fully fenced yard—perfect for outdoor gatherings. There’s even a hot tub hookup ready for your relaxation!<br /> Recent updates include a new roof, windows, hardwood floors, gutters, HVAC, garage doors, hot water heater and stove.<br /> Living in Briarleigh comes with fantastic amenities, including access to two community pools, tennis courts, tot lots, a sand volleyball court, basketball courts and a jogging trail. The home’s prime location offers easy access to Baltimore, Annapolis and DC. Check out the virtual tour!<br /> <br /> Seller experienced a leak in basement near the window in 2023 after a heavy rain. Seller made the necessary repairs to include adding a French drain system. No additional water infiltration has been noted.
MlsNumber:	--
ListingId:	MDAA2101650

Listing Provided By:	RE/MAX One, original listing
Phone:	(410) 224-4400
Office Phone:	(410) 224-4400
Agent Name:	Heather Taylor
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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