NOT LISTED FOR SALE

1217 Marcy Ave Oxon Hill, MD 20745

Estimated Value: $302,000 - $306,000

4 Beds
2 Baths
1,541 Sq Ft
$197/Sq Ft Est. Value

Last Sold September 22, 2020

Last sale price $215,000 $140 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $1,981/month

Highlights

  • Traditional Floor Plan
  • Stainless Steel Appliances
  • Community Playground
  • Traditional Architecture
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System

About This Home

As of September 2020

This is a beautiful & affordable investment, 4 bedroom rental home, with professionally managed repeat tenants on their 4th renewal. home. Two level may town home with 4 bedrooms, 2 baths + a jacuzzi. All in turn key condition for you as landlord. Well maintained (2019 hvac) & renovated with newer kitchen cabinets, stainless steel appliances, granite counter tops, private fully fenced backyard. Dine on your deck surrounded by trees. Over 1540' allows plenty of living space. Wonderful community at end of a private road backed by woods.The community has play areas for the kids & and a community center with soccer court, baseball field, picnic area. A low hoa fee and a desirable community means this is never a vacant property. And this price is unbeatable. Leased until Jan 2021.

Last Agent to Sell the Property

Claude Labbe

(703) 868-7774 claude@labbe.com Douglas Elliman of Metro DC, LLC - Arlington License #AB98365123 Listed on: 06/17/2020

Douglas Elliman of Metro DC, LLC - Arlington

Last Buyer's Agent

Natalie Thomas

(240) 506-9229 addr365@gmail.com ADDR Properties1 License #0225211655

ADDR Properties1

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,782

Year Built

  • Built in 1977

Lot Details

  • 2,061 Sq Ft Lot
  • Property is in good condition

HOA Fees

  • $63 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,541 Sq Ft Home
  • Property has 2 Levels
  • Traditional Floor Plan
  • Ceiling Fan
  • Carpet

Kitchen

  • Eat-In Kitchen
  • Stove
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 17121306877

Community Details

Overview

  • Marcy Avenue Homeowners Assoc HOA
  • Glassmanor Subdivision
  • Property Manager

Amenities

  • Common Area

Recreation

  • Community Playground

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,782

Year Built

Built in 1977

Lot Details

0

HOA Fees

$63 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1977
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Stove, Washer, Water Heater, Stainless Steel Appliances
  • Interior Amenities: Carpet, Floor Plan - Traditional, Kitchen - Table Space, Ceiling Fan(s)
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 1541
  • Living Area Sq Ft: 1541
  • Price Per Sq Ft: 142.12
  • Above Grade Finished Sq Ft: 1541
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Refuse: 357.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 63.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Common Grounds, Tot Lots/Playground
  • HOA Name: MARCY AVENUE HOMEOWNERS ASSOC
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 144100.00
  • Land Assessed Value: 75000.00
  • Lot Size Acres: 0.05
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2061.00
  • Property Condition: Good
  • Zoning: RT
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 14566722
  • Tax Annual Amount: 2782.00
  • Assessor Parcel Number: 17121306877
  • Tax Lot: 20
  • Tax Page Number: 375
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2020
Closed on
Sep 21, 2020
Sold by
Equity Trust Company
Bought by
Ellis Michael J
Seller's Agent
Claude Labbe
Douglas Elliman of Metro DC, LLC - Arlington
Buyer's Agent
Natalie Thomas
ADDR Properties1
List Price
$219,000
Sold Price
$215,000
Premium/Discount to List
-$4,000
-1.83%
Current Estimated Value
$303,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,728
Avg. Annual Appreciation
7.01%
Original Mortgage
$161,250
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 2010
Sold by
Bear Sterns Alt A Trust
Bought by
Equity Trust Company Custodian

Purchase Details

Closed on
Apr 13, 2006
Sold by
Erwin Iretha M
Bought by
Garcia Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,000
Interest Rate
7%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 20, 2006
Sold by
Erwin Iretha M
Bought by
Garcia Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,000
Interest Rate
7%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 27, 1995
Sold by
Equity Venture Inc
Bought by
Erwin Iretha M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,650
Interest Rate
9.24%

Purchase Details

Closed on
May 13, 1994
Sold by
Secretary Of H U D
Bought by
Equity Venture Inc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ellis Michael J $215,000 Four Seasons Title
Equity Trust Company Custodian $59,000 --
Garcia Daniel $215,000 --
Garcia Daniel $215,000 --
Erwin Iretha M $88,800 --
Equity Venture Inc $48,240 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ellis Michael J $161,250
Previous Owner Garcia Daniel $43,000
Previous Owner Equity Venture Inc $172,000
Previous Owner Garcia Daniel $172,000
Previous Owner Equity Venture Inc $88,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/22/2020 09/22/20 Sold $215,000 0.0% $140 / Sq Ft
09/02/2020 09/02/20 Pending -- -- --
08/24/2020 08/24/20 Off Market $215,000 -- --
08/22/2020 08/22/20 For Sale $219,000 +1.9% $142 / Sq Ft
08/04/2020 08/04/20 Off Market $215,000 -- --
06/17/2020 06/17/20 For Sale $219,000 0.0% $142 / Sq Ft
01/24/2017 01/24/17 Rented $1,364 0.0% --
01/10/2017 01/10/17 Under Contract -- -- --
01/09/2017 01/09/17 For Rent $1,364 -- --
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
2025 $3,952 $262,500 -- --
2024 $3,952 $239,700 $75,000 $164,700
2023 $3,849 $232,833 $0 $0
2022 $3,747 $225,967 $0 $0
2021 $3,645 $219,100 $75,000 $144,100
2020 $3,364 $200,167 $0 $0
2019 $2,595 $181,233 $0 $0
2018 $2,801 $162,300 $75,000 $87,300
2017 $2,764 $161,033 $0 $0
2016 -- $159,767 $0 $0
2015 $3,247 $158,500 $0 $0
2014 $3,247 $158,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDPG571586

Bright MLS

APN: 12-1306877