NOT LISTED FOR SALE

10314 Farrar Ave Cheltenham, MD 20623

Estimated Value: $392,000 - $424,000

3 Beds
2 Baths
1,706 Sq Ft
$240/Sq Ft Est. Value

Last Sold June 16, 2023

Last sale price $350,000 $205 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,695/month

14 Days on Market

Highlights

  • Rambler Architecture
  • Space For Rooms
  • Forced Air Heating and Cooling System
  • Wood Flooring
  • No HOA
  • Electric Baseboard Heater

About This Home

As of June 2023

Spacious three bedroom and two full bathroom ranch style home. Fully equipped kitchen. Stunning wood floors on the first level. Unfinished basement awaiting your floorplan. Huge level backyard. To help visualize this home’s floorplan and to highlight its potential, virtual furnishings may have been added to photos found in this listing.

Last Agent to Sell the Property

Klaus Breitsameter

RE/MAX Realty Group Listed on: 04/28/2023

RE/MAX Realty Group

Last Buyer's Agent

LEO THEODAT FILS

Bennett Realty Solutions License #673349

Bennett Realty Solutions

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,851

Year Built

  • Built in 1974

Lot Details

  • 0.25 Acre Lot
  • Property is in average condition
  • Property is zoned RR

Parking

  • Driveway

Home Design

  • Rambler Architecture
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • Property has 2 Levels
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Walk-Up Access
  • Space For Rooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Electric Baseboard Heater
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Rolling Acres Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 17111138809

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,851

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-04-28
  • Year Built: 1974
  • Automatically Close On Close Date: No
  • Remarks Public: Spacious three bedroom and two full bathroom ranch style home. Fully equipped kitchen. Stunning wood floors on the first level. Unfinished basement awaiting your floorplan. Huge level backyard. To help visualize this home’s floorplan and to highlight its potential, virtual furnishings may have been added to photos found in this listing.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Flooring Type: Wood
  • Foundation Details: Block
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Space For Rooms, Unfinished, Walkout Stairs
  • Total Sq Ft: 2954
  • Living Area Sq Ft: 1706
  • Price Per Sq Ft: 213.95
  • Above Grade Finished Sq Ft: 1706
  • Below Grade Sq Ft: 1248
  • Total Below Grade Sq Ft: 1248
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 10314

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • 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: Oil
  • Heating Type: Forced Air, Baseboard - Electric
  • 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: PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
  • School District Key: 121137599599
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 278400.00
  • Land Assessed Value: 101400.00
  • Land Use Code: R
  • Lot Size Acres: 0.25
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11073.00
  • Property Condition: Average
  • Year Assessed: 2023
  • Zoning: RR
  • In City Limits: No

Rental Info

  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 14679362
  • Tax Annual Amount: 4851.00
  • Assessor Parcel Number: 17111138809
  • Tax Lot: 2
  • Tax Total Finished Sq Ft: 1706
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 06/16/2023

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2023
Closed on
Jun 15, 2023
Sold by
Tiki Series Iv Trust
Bought by
Laguerre Ritchy J
Seller's Agent
Klaus Breitsameter
RE/MAX Realty Group
Buyer's Agent
LEO THEODAT FILS
Bennett Realty Solutions
List Price
$334,950
Sold Price
$350,000
Premium/Discount to List
$15,050
4.49%
Views
234
Current Estimated Value
$409,001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,001
Avg. Annual Appreciation
7.31%
Original Mortgage
$357,525
Interest Rate
6.96%
Mortgage Type
VA

Purchase Details

Closed on
Apr 14, 2023
Sold by
Cohn Edward S
Bought by
Tiki Series Iv Trust

Purchase Details

Closed on
Jul 15, 2005
Sold by
Taylor Dawn
Bought by
Richardson John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,600
Interest Rate
6.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 13, 2003
Sold by
Kendzior Roseann M
Bought by
Taylor Dawn and Taylor Brady Cloyd
Source: Public Records

Range of Values:

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Average Value
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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

Date Buyer Sale Price Title Company
Laguerre Ritchy J $350,000 Priority Title & Escrow
Tiki Series Iv Trust $298,127 None Listed On Document
Tiki # Iv Trust $298,127 None Listed On Document
Richardson John $257,000 --
Taylor Dawn $147,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Laguerre Ritchy J $357,525
Previous Owner Richardson John $252,750
Previous Owner Richardson John $275,000
Previous Owner Richardson John $205,600
Previous Owner Richardson John $51,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2023 06/16/23 Sold $350,000 -4.1% $205 / Sq Ft
05/12/2023 05/12/23 Pending -- -- --
05/12/2023 05/12/23 Price Changed $365,000 +9.0% $214 / Sq Ft
04/28/2023 04/28/23 For Sale $334,950 -- $196 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

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
2024 $5,646 $353,100 $0 $0
2023 $5,248 $326,400 $0 $0
2022 $4,447 $299,700 $101,400 $198,300
2021 $4,282 $291,267 $0 $0
2020 $4,217 $282,833 $0 $0
2019 $4,128 $274,400 $100,700 $173,700
2018 $3,992 $260,833 $0 $0
2017 $3,881 $247,267 $0 $0
2016 -- $233,700 $0 $0
2015 $3,416 $228,167 $0 $0
2014 $3,416 $222,633 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDPG2076860

Bright MLS

APN: 11-1138809