NOT LISTED FOR SALE

10501 Terraco Terrace Cheltenham, MD 20623

Estimated Value: $431,000 - $456,000

4 Beds
3 Baths
1,232 Sq Ft
$363/Sq Ft Est. Value

Last Sold February 17, 2022

Last sale price $390,500 $317 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,823/month

Highlights

  • Traditional Floor Plan
  • 1 Car Attached Garage
  • En-Suite Primary Bedroom
  • No HOA
  • Eat-In Kitchen
  • Central Heating and Cooling System

About This Home

As of February 2022

Charming single family home at the end of a private street. Perfect for a growing family or multi-generational living with a bedroom and full bathroom plus a family room on the lower level. The upper level includes 3 bedrooms and 2 full bathrooms, an eat-in kitchen, separate dining room and living room with a wood burning fireplace. The kitchen also features a vaulted ceiling with a sky light that has a remote control and automatic closing feature with rain detection. Freshly painted within a year and new roof in 2009 with updates in 2019. This home is ready for your family to move right in and add your personal touches.

Last Agent to Sell the Property

Suren Adams

(301) 221-8503 suren.adams@adamsrealtyllc.com Adams Realty, LLC License #646431 Listed on: 01/15/2022

Last Buyer's Agent

Chris Teets

(571) 331-9048 chris.homeserviceexperts@gmail.com Pearson Smith Realty, LLC License #SP40003593

Pearson Smith Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,562

Year Built

  • Built in 1995

Lot Details

  • 10,553 Sq Ft Lot
  • Property is in good condition
  • Property is zoned R80

Parking

  • 1 Car Attached Garage
  • Front Facing Garage
  • Driveway
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Split Foyer
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,232 Sq Ft Home
  • Property has 2 Levels
  • Traditional Floor Plan
  • Wood Burning Fireplace
  • Family Room
  • Combination Dining and Living Room

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • En-Suite Bathroom

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Rear Basement Entry

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Terraco Acres Subdivision

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 17111186998
  • $605 Front Foot Fee per year

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,562

Year Built

Built in 1995

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Foyer
  • Ownership: Fee Simple
  • Home Warranty: No
  • Inclusions: Washer, Dryer, Refrigerator, Stove
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2022-01-15
  • Federal Flood Zone: No
  • Year Built: 1995
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Charming single family home at the end of a private street. Perfect for a growing family or multi-generational living with a bedroom and full bathroom plus a family room on the lower level. The upper level includes 3 bedrooms and 2 full bathrooms, an eat-in kitchen, separate dining room and living room with a wood burning fireplace. The kitchen also features a vaulted ceiling with a sky light that has a remote control and automatic closing feature with rain detection. Freshly painted within a year and new roof in 2009 with updates in 2019. This home is ready for your family to move right in and add your personal touches.
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Stove, Washer, Microwave, Refrigerator
  • Interior Amenities: Kitchen - Table Space, Dining Area, Combination Dining/Living, Floor Plan - Traditional, Primary Bath(s)
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Bathroom 2, Bathroom 3, Primary Bathroom
  • Basement: Yes
  • Basement Type: Rear Entrance, Fully Finished, Walkout Level
  • Total Sq Ft: 1232
  • Living Area Sq Ft: 1232
  • Price Per Sq Ft: 324.68
  • Above Grade Finished Sq Ft: 1232
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 10501

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street, On Street, Attached Garage, Driveway

Utilities

  • Refuse: 354.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Fee Information

  • Front Foot Fee Pymt Freq: Annually

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: 197100.00
  • Land Assessed Value: 101300.00
  • Land Use Code: 011
  • Lot Size Acres: 0.24
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10553.00
  • Property Condition: Good
  • Year Assessed: 2021
  • Zoning: R80
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 14691520
  • Tax Annual Amount: 4562.00
  • Assessor Parcel Number: 17111186998
  • Tax Lot: 12
  • Tax Total Finished Sq Ft: 1232
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 02/17/2022

Multi Family

  • Front Foot Fee: 605.44

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2022
Closed on
Feb 16, 2022
Sold by
Baltimore Brenda A
Bought by
Beauty For Ashes Realty Llc
Seller's Agent
Suren Adams
Adams Realty, LLC
Buyer's Agent
Chris Teets
Pearson Smith Realty, LLC
List Price
$385,000
Sold Price
$390,500
Premium/Discount to List
$5,500
1.43%
Current Estimated Value
$446,907

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,407
Avg. Annual Appreciation
3.74%
Original Mortgage
$312,400
Interest Rate
6.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 2006
Sold by
Carter Lisa
Bought by
Baltimore Brenda A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 1, 2006
Sold by
Carter Lisa
Bought by
Baltimore Brenda A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 15, 2005
Sold by
Spence Donnamarie A
Bought by
Carter Lis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5.64%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 3, 1995
Sold by
Charles Burton Builders Inc
Bought by
Spence Donnamarie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,454
Interest Rate
9.13%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Beauty For Ashes Realty Llc $390,500 --
Baltimore Brenda A $375,000 --
Baltimore Brenda A $375,000 --
Carter Lis $300,000 --
Spence Donnamarie A $154,490 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Beauty For Ashes Realty Llc $312,400
Previous Owner Spence Donnamarie A $215,000
Previous Owner Baltimore Brenda A $215,000
Previous Owner Carter Lisa Maria $288,000
Previous Owner Carter Lisa Maria $49,000
Previous Owner Spence Donnamarie A $60,000
Previous Owner Spence Donnamarie A $152,454
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2022 02/17/22 Sold $390,500 -2.4% $317 / Sq Ft
01/17/2022 01/17/22 Pending -- -- --
01/17/2022 01/17/22 Price Changed $400,000 +3.9% $325 / Sq Ft
01/15/2022 01/15/22 For Sale $385,000 -- $313 / 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 $5,553 $346,867 $0 $0
2023 $5,192 $322,633 $0 $0
2022 $4,432 $298,400 $101,300 $197,100
2021 $4,265 $289,333 $0 $0
2020 $4,196 $280,267 $0 $0
2019 $4,104 $271,200 $100,600 $170,600
2018 $3,960 $255,833 $0 $0
2017 $3,840 $240,467 $0 $0
2016 -- $225,100 $0 $0
2015 $4,246 $225,100 $0 $0
2014 $4,246 $225,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDPG2026326

Bright MLS

APN: 11-1186998