NOT LISTED FOR SALE

11340 Cherry Hill Rd Unit 301 Beltsville, MD 20705

Estimated Value: $162,000 - $237,000

3 Beds
2 Baths
1,705 Sq Ft
$548/mo HOA Fee

Last Sold July 20, 2012

Last sale price $62,000 $36 Per Sq Ft

Est. 227% increase in value since last sale

Current estimated payment $1,826/month

Highlights

  • Private Pool
  • Contemporary Architecture
  • Community Basketball Court
  • Open Floorplan
  • Day Care Facility
  • Party Room

About This Home

As of July 2012

.......CASH BUYERS ONLY......DELINQUENCY RATE HIGH TO OBTAIN LOAN ......VERY LARGE 3BR/2FB CONDO. BUS ROUTE AT YOUR DOOR STEP, CLOSE TO 495, DC, MDU ETC.WALK TO SHOPPINGS,STARBUCKS TARGET KOHLS ETC. SWIMMING POOL, TENNIS. OWN IT FOR LESS THAN YOUR RENT.3RD PARTY APPROVAL REQUIRED. CONTACT AGENT FOR INQUIRIES.....TENANT OCCUPIED

Last Agent to Sell the Property

Zewdi Tsegay

(240) 286-6000 realtorzewdi@gmail.com Fairfax Realty Premier License #532608 Listed on: 10/29/2011

Fairfax Realty Premier

Last Buyer's Agent

Susie Moore

(301) 292-0671 susiemoore1@gmail.com Redmond Realty & Consulting, LLC License #507779

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1965

Lot Details

  • 1,699

HOA Fees

  • $548 Monthly HOA Fees

Parking

  • 1 Assigned Parking Space

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,705 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Pool

  • Private Pool

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 17010076729

Community Details

Overview

  • Association fees include air conditioning, electricity, gas, heat, lawn care front, lawn care rear, lawn care side, lawn maintenance, management, insurance, parking fee, pool(s), snow removal, trash, water
  • Low-Rise Condominium
  • Maryland Farms Community
  • The community has rules related to commercial vehicles not allowed, parking rules, no recreational vehicles, boats or trailers

Amenities

  • Day Care Facility
  • Picnic Area
  • Party Room
  • Laundry Facilities
  • Community Storage Space

Recreation

  • Community Basketball Court
  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Year Built

Built in 1965

Lot Details

0

HOA Fees

$548 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1965
  • Special Features: 12
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Combination Dining/Living, Floor Plan - Open
  • Fireplace: No
  • Entry Location: 1st Floor
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Common
  • Living Area Units: Square Feet
  • Total Sq Ft: 1705
  • Living Area Sq Ft: 1705
  • Price Per Sq Ft: 43.93
  • Above Grade Finished Sq Ft: 1705
  • Above Grade Finished Area Units: Square Feet

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
  • Construction Materials: Brick
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community, Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned

Utilities

  • 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: Yes
  • Condo Co-Op Fee: 548.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Basketball Courts, Day Care, Extra Storage, Party Room, Picnic Area, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Air Conditioning, Electricity, Gas, Heat, Lawn Care Front, Lawn Care Rear, Lawn Care Side, Lawn Maintenance, Management, Insurance, Parking Fee, Pool(s), Snow Removal, Trash, Water
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • HOA Condo Co-Op Rules: Commercial Vehicles Prohibited, Parking, Pets - Allowed, Rv/Boat/Trail
  • HOA: No

Lot Info

  • Improvement Assessed Value: 90000.00
  • Land Assessed Value: 30000.00
  • Year Assessed: 2011
  • Zoning: R18

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14654226
  • Tax Annual Amount: 1782.13
  • Assessor Parcel Number: 17010076729
  • Tax Total Finished Sq Ft: 1161
  • County Tax Payment Frequency: Annually
  • Tax Year: 2011
  • Close Date: 07/20/2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2011
Closed on
Jul 9, 2012
Sold by
Fesseha Ayenalem and Tsegaye Elizabeth
Bought by
Holy Bible Church Of Realty Deliverance and Hbcm Inc
Seller's Agent
Zewdi Tsegay
Fairfax Realty Premier
Buyer's Agent
Susie Moore
Redmond Realty & Consulting, LLC
List Price
$120,000
Sold Price
$62,000
Premium/Discount to List
-$58,000
-48.33%
Current Estimated Value
$202,749

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,749
Avg. Annual Appreciation
9.23%

Purchase Details

Closed on
Mar 28, 2006
Sold by
Faturoti Doris
Bought by
Fesseha Ayenalem

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,000
Interest Rate
6.15%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 22, 2006
Sold by
Faturoti Doris
Bought by
Fesseha Ayenalem

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,000
Interest Rate
6.15%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 3, 1997
Sold by
Plant David P
Bought by
Faturoti Doris
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
Holy Bible Church Of Realty Deliverance $62,000 Direct Title Inc
Fesseha Ayenalem $230,000 --
Fesseha Ayenalem $230,000 --
Faturoti Doris $63,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fesseha Ayenalem $46,000
Previous Owner Fesseha Ayenalem $184,000
Previous Owner Fesseha Ayenalem $184,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2012 07/20/12 Sold $62,000 -17.2% $36 / Sq Ft
02/12/2012 02/12/12 Pending -- -- --
12/30/2011 12/30/11 Price Changed $74,900 -11.8% $44 / Sq Ft
11/30/2011 11/30/11 Price Changed $84,900 -10.6% $50 / Sq Ft
11/16/2011 11/16/11 Price Changed $95,000 -20.8% $56 / Sq Ft
10/29/2011 10/29/11 For Sale $120,000 -- $70 / 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 $2,439 $157,467 $0 $0
2023 $1,654 $148,733 $0 $0
2022 $1,557 $140,000 $42,000 $98,000
2021 $2,178 $131,333 $0 $0
2020 $1,921 $122,667 $0 $0
2019 $1,632 $114,000 $34,200 $79,800
2018 $1,574 $99,333 $0 $0
2017 $1,138 $84,667 $0 $0
2016 -- $70,000 $0 $0
2015 $1,782 $70,000 $0 $0
2014 $1,782 $70,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004629004

Bright MLS

APN: 01-0076729