Seller's Agent in 2023
Lledon Stokes
TTR Sotheby's International Realty
(202) 924-5117
1 in this area
33 Total Sales
Estimated Value: $363,106 - $379,000
Unique Investment Opportunity: Expansive Property on Double Lots in Capitol Heights
Introducing 1008 - 1010 Balboa Ave, Capitol Heights, MD 20743 – a remarkable investment opportunity that offers not just a property, but an expansive canvas of potential. Situated on two adjoining lots totaling an impressive 9,000 square feet, this offering presents an array of possibilities for the savvy buyer or investor with a discerning eye.
Key Features:
1. Abundant Space: With a total of 9,000 square feet spread across two adjoining lots, this property stands as a testament to space and potential. The vast land area provides room for creative landscaping, expansion, or even future development, allowing you to shape your vision and maximize the property's utility.
2. Prime Location: Nestled in Capitol Heights, this property enjoys a prime location that offers both convenience and connectivity. Proximity to major transportation routes, metro stations, and essential amenities ensures that you're never far from the heart of the action. Whether you're commuting to work or exploring local attractions, this location provides the perfect balance of accessibility and tranquility.
3. Investment Versatility: As a seasoned investor, you understand the value of options. This property's double-lot configuration opens the door to diverse investment avenues. Whether you envision a multi-unit development, a spacious single-family home, or a property with rental income potential, the possibilities are limited only by your imagination.
4. Future Potential: With land at a premium, a property of this size presents an opportunity to capitalize on future growth and development trends. As the surrounding area evolves, your investment could appreciate significantly, providing a solid foundation for long-term financial success.
5. Creative Freedom: Whether you're an investor with an eye for design or a buyer with a vision of your dream home, this property provides the creative freedom to bring your ideas to life. Imagine the possibilities of custom landscaping, outdoor entertainment spaces, or even an innovative architectural concept.
6. Investment Diversification: This expansive property provides a means of diversifying your investment portfolio. Real estate remains a tangible and resilient asset, offering stability and potential returns even in uncertain times. With its size and location, 1008 Balboa Ave is a standout opportunity to diversify your investment strategy.
7. Limited Availability: Properties that encompass such vast space within a sought-after location are few and far between. Don't miss the chance to secure this unique investment opportunity before it's too late. The rarity of a double-lot property in Capitol Heights makes 1008 Balboa Ave a valuable find for the astute investor or buyer seeking a truly distinctive property.
Seize the Opportunity!
1008 Balboa Ave offers more than just a property; it presents a canvas for your investment aspirations. With the expansive land area, prime location, and potential for future growth, this offering stands as a testament to foresight and opportunity. Whether you're looking to create a bespoke residence, generate rental income, or explore development options, this property provides the foundation to turn your vision into reality. Act swiftly to secure this exceptional investment opportunity. Contact us today to schedule a showing and embark on a journey of possibilities at 1008 Balboa Ave, Capitol Heights, MD 20743.
Last Agent to Sell the Property
(301) 615-3000 lledonstokes@gmail.com TTR Sotheby's International Realty License #SP200200381 Listed on: 08/18/2023
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Fuentes Cristian Ulises Joya | $350,000 | Universal Title | |
| Fuentes Cristian Ulises Joya | $350,000 | Universal Title |
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/11/2023 10/11/23 | Sold | $350,000 | -2.8% | $310 / Sq Ft |
| 08/18/2023 08/18/23 | For Sale | $360,000 | -- | $319 / Sq Ft |
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,887 | $331,500 | -- | -- |
| 2024 | $4,887 | $302,000 | -- | -- |
| 2023 | $4,447 | $272,500 | $60,000 | $212,500 |
| 2022 | $2,912 | $261,867 | $0 | $0 |
| 2021 | $26 | $251,233 | $0 | $0 |
| 2020 | $6,151 | $240,600 | $45,000 | $195,600 |
| 2019 | $3,269 | $228,267 | $0 | $0 |
| 2018 | $3,209 | $215,933 | $0 | $0 |
| 2017 | $2,129 | $203,600 | $0 | $0 |
| 2016 | -- | $188,733 | $0 | $0 |
| 2015 | $2,601 | $173,867 | $0 | $0 |
| 2014 | $2,601 | $159,000 | $0 | $0 |
Seller's Agent in 2023
Lledon Stokes
TTR Sotheby's International Realty
(202) 924-5117
1 in this area
33 Total Sales
Buyer's Agent in 2023
Juan Flores
Fairfax Realty Premier
(301) 219-6112
2 in this area
107 Total Sales
Source: Bright MLS
MLS Number: MDPG2087048
APN: 18-2049013
Ask me questions while you tour the home.