NOT LISTED FOR SALE

1008 Balboa Ave Capitol Heights, MD 20743

Estimated Value: $363,106 - $379,000

4 Beds
2 Baths
1,128 Sq Ft
$326/Sq Ft Est. Value

Sale Details

Date Sold: October 11, 2023

Last sale price $350,000 $310 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,324 / mo

24 Days on Market

Highlights

  • No HOA
  • Level Entry For Accessibility
  • Central Heating and Cooling System

About This Home

As of October 2023

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

Lledon Stokes

(301) 615-3000 lledonstokes@gmail.com TTR Sotheby's International Realty License #SP200200381 Listed on: 08/18/2023

TTR Sotheby's International Realty

Last Buyer's Agent

Juan Flores

(301) 439-9500 metrocondoking@gmail.com Fairfax Realty Premier License #580702

Fairfax Realty Premier

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,289

Year Built

  • Built in 1962

Lot Details

  • 4,000 Sq Ft Lot
  • Property is zoned RSF65

Parking

  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Property has 2 Levels
  • Basement
  • Exterior Basement Entry

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Accessible Home Design

  • Level Entry For Accessibility

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Capitol Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 17182049013

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,289

Year Built

Built in 1962

Lot Details

4,000 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-08-18
  • Year Built: 1962
  • Automatically Close On Close Date: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Foundation Details: Other
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Outside Entrance
  • Total Sq Ft: 2256
  • Living Area Sq Ft: 1128
  • Price Per Sq Ft: 319.15
  • Above Grade Finished Sq Ft: 1128
  • Below Grade Sq Ft: 1128
  • Total Below Grade Sq Ft: 1128
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.09
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4000.00
  • Zoning: RSF65
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4289.00
  • Assessor Parcel Number: 17182049013
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2023
Closed on
Oct 20, 2023
Sold by
Livi James and Livi Dorothy
Bought by
Fuentes Cristian Ulises Joya and De Joya Maria
Seller's Agent
Lledon Stokes
TTR Sotheby's International Realty
Buyer's Agent
Juan Flores
Fairfax Realty Premier
List Price
$360,000
Sold Price
$350,000
Premium/Discount to List
-$10,000
-2.78%
Views
161
Current Estimated Value
$353,436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,436
Avg. Annual Appreciation
1.88%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

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
Source: Public Records

Property History

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
Source: Bright MLS

Tax History

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
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDPG2087048

Bright MLS

APN: 18-2049013

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