$200,000

1515 Rollins Ave Capitol Heights, MD 20743

Estimated payment $1,268/month

Total Views 83,031
2 Beds
1 Bath
1,473 Sq Ft
$136 Price per Sq Ft

Highlights

  • View of Trees or Woods
  • Backs to Trees or Woods
  • Porch
  • 0.84 Acre Lot
  • No HOA
  • Bungalow

About This Home

Incredible Investment Opportunity – 2 Structures on Nearly 1 Acre IMPROVED Lot. Unlock the potential of this prime 0.84-acre lot, offering a rare opportunity with two structures ready for a full renovation or redevelopment in a QUALIFIED OPPORTUNITY ZONE. Spanning over 36,000 sq ft, this property is fully improved with utilities and provides ample space for creative projects, making it ideal for savvy investors, builders, or developers. Centrally located near Washington, DC, Andrews Air Force Base, with easy access to Metro and bus lines, this site is perfectly positioned for future growth and convenience. Located in a mature neighborhood with well-maintained homes, this blank canvas is just waiting for your vision. Previously rented in 2017, the property is ready for redevelopment – all you need are plans and permits to get started. Sold strictly AS-IS/WHERE-IS, this is your chance to get in at ground level and create something remarkable. Buyers and agents are advised to perform due diligence regarding property condition, square footage, lot boundaries, and utilities, among other factors. Don’t miss out on this exceptional investment opportunity!

Listing Agent

Mia Russell

MBR Realty Group LLC License #525501 Listed on: 10/12/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,953

Year Built

  • Built in 1925

Lot Details

  • 0.84 Acre Lot
  • Cleared Lot
  • Backs to Trees or Woods
  • Property is zoned R55

Parking

  • Off-Street Parking

Home Design

  • Bungalow
  • Slab Foundation
  • Composition Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,473 Sq Ft Home
  • Property has 1 Level
  • Window Treatments
  • Casement Windows
  • Combination Kitchen and Dining Room
  • Views of Woods
  • Basement
  • Exterior Basement Entry

Kitchen

  • Electric Oven or Range
  • Instant Hot Water

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Tenant House
  • Porch

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Oil
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Capitol Heights Subdivision, One Level On Bsm Floorplan

Listing and Financial Details

  • Assessor Parcel Number 17182022333

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,953

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1925
  • Remarks Public: Incredible Investment Opportunity – 2 Structures on Nearly 1 Acre IMPROVED Lot. Unlock the potential of this prime 0.84-acre lot, offering a rare opportunity with two structures ready for a full renovation or redevelopment in a QUALIFIED OPPORTUNITY ZONE. Spanning over 36,000 sq ft, this property is fully improved with utilities and provides ample space for creative projects, making it ideal for savvy investors, builders, or developers. Centrally located near Washington, DC, Andrews Air Force Base, with easy access to Metro and bus lines, this site is perfectly positioned for future growth and convenience. Located in a mature neighborhood with well-maintained homes, this blank canvas is just waiting for your vision. Previously rented in 2017, the property is ready for redevelopment – all you need are plans and permits to get started. Sold strictly AS-IS/WHERE-IS, this is your chance to get in at ground level and create something remarkable. Buyers and agents are advised to perform due diligence regarding property condition, square footage, lot boundaries, and utilities, among other factors. Don’t miss out on this exceptional investment opportunity!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Instant Hot Water, Oven/Range - Electric
  • Interior Amenities: Combination Kitchen/Dining, Window Treatments
  • Window Features: Casement
  • Fireplace: No
  • Foundation Details: Concrete Perimeter, Slab
  • Levels Count: 1
  • Basement: Yes
  • Basement Type: Outside Entrance
  • Total Sq Ft: 1473
  • Living Area Sq Ft: 1473
  • Price Per Sq Ft: 135.78
  • Above Grade Finished Sq Ft: 1473
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1515

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Tenant House
  • Construction Materials: Vinyl Siding
  • Road Surface Type: Black Top
  • Roof: Composite
  • View: Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • 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

Lot Info

  • Land Use Code: R
  • Lot Features: Backs To Trees, Cleared, Unrestricted
  • Lot Size Acres: 0.84
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 36603.00
  • Outdoor Living Structures: Porch(es)
  • Year Assessed: 2024
  • Zoning: R55
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Pets: Breed Restrictions, Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1953.00
  • Assessor Parcel Number: 17182022333
  • Tax Total Finished Sq Ft: 1473
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2024

MLS Schools

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

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $2,353 $131,500 $131,500 $0
2023 $4,468 $273,900 $104,400 $169,500
2022 $4,262 $260,067 $0 $0
2021 $4,262 $246,233 $0 $0
2020 $3,851 $232,400 $81,500 $150,900
2019 $3,101 $216,567 $0 $0
2018 $3,936 $200,733 $0 $0
2017 $3,650 $184,900 $0 $0
2016 -- $181,500 $0 $0
2015 $3,788 $178,100 $0 $0
2014 $3,788 $174,700 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2025 06/25/25 Price Changed $200,000 -25.9% $136 / Sq Ft
10/12/2024 10/12/24 For Sale $269,900 -- $183 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Deed $180,000 Platinum Title Group
Deed $90,000 Milestone Title Llc
Deed -- --
Deed $70,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $133,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $120,700 Adjustable Rate Mortgage/ARM
Previous Owner $59,500 No Value Available
Source: Public Records

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Source: Bright MLS

MLS Number: MDPG2128570

Bright MLS

APN: 18-2022333