$75,000
SOLD MAR 11, 2020

1826 Metzerott Rd Unit 207 Adelphi, MD 20783

2 Beds
1 Bath
856 Sq Ft
$442/mo HOA Fee

Recently Sold

$88 Per Sq Ft

12% Below List Price

33 Days on Market

Highlights

  • Penthouse
  • Community Pool
  • Laundry Facilities
  • Traditional Architecture
  • Central Heating and Cooling System

About This Home

As of September 2024

Another great opportunity to own in Presidential Park. This 2 bedroom 1 bath condo is approx. 900 sq ft and shows well, it is tenant occupied through 2024. The unit MUST CONVEY with existing tenant and allow for a savvy investor to maximize both immediate cash flow and long term appreciation.

Last Agent to Sell the Property

Abebi Wolfe

HomeSmart Listed on: 10/11/2019

HomeSmart

Last Buyer's Agent

Colleen Lee

RESDI Real Estate, LLC License #597626

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $925

Year Built

  • Built in 1964

HOA Fees

  • $442 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Penthouse
  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 856 Sq Ft Home
  • Property has 3 Levels

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Additional Features

  • Accessible Elevator Installed
  • Central Heating and Cooling System

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 17171941871

Community Details

Overview

  • Association fees include trash, taxes, water, sewer, gas
  • Presidential Par Community
  • Adelphi Subdivision

Amenities

  • Laundry Facilities

Recreation

  • Community Pool

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Condominium

Est. Annual Taxes

$925

Year Built

Built in 1964

Lot Details

0

HOA Fees

$442 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Architectural Style: Traditional
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Home Warranty: Yes
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2019-10-11
  • Federal Flood Zone: No
  • Year Built: 1964
  • Remarks Public: Another great opportunity to own in Presidential Park. This 2 bedroom 1 bath condo is approx. 900 sq ft and shows well, it is tenant occupied through 2024. The unit MUST CONVEY with existing tenant and allow for a savvy investor to maximize both immediate cash flow and long term appreciation.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 2
  • Fireplace: No
  • Levels Count: 3+
  • Basement: No
  • Laundry Type: Common
  • Total Sq Ft: 856
  • Living Area Sq Ft: 856
  • Price Per Sq Ft: 99.30
  • Above Grade Finished Sq Ft: 856
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1826

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

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Refuse: 66.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Security: Main Entrance Lock
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 442.30
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Elevator, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Trash, Taxes, Water, Sewer, Gas
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: 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: 67200.00
  • Land Assessed Value: 28800.00
  • Land Use Code: 011
  • Year Assessed: 2019
  • Zoning: R18
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Total Actual Rent: 11640.00
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14662827
  • Tax Annual Amount: 925.00
  • Assessor Parcel Number: 17171941871
  • Tax Page Number: 464
  • Tax Total Finished Sq Ft: 856
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 03/11/2020

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2024
Closed on
Sep 16, 2024
Sold by
Future Md Investment Llc
Bought by
Pitt Magnel
Seller's Agent
Kathy Whalen
Compass
Buyer's Agent
Cailean Arrington
Compass
List Price
$179,900
Sold Price
$181,000
Premium/Discount to List
$1,100
0.61%
Views
57
Current Estimated Value
$175,894

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,106
Avg. Annual Appreciation
-2.62%
Original Mortgage
$171,950
Outstanding Balance
$170,812
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$6,014

Purchase Details

Closed on
Jan 8, 2024
Sold by
Piel Hunter C and Wheat Scott B
Bought by
Ujima Developers Llc

Purchase Details

Listed on
Oct 11, 2019
Closed on
Mar 3, 2020
Sold by
Tejuoso Adedapo Adewale
Bought by
Ujima Developers Llc
Seller's Agent
Abebi Wolfe
HomeSmart
Buyer's Agent
Colleen Lee
RESDI Real Estate, LLC
List Price
$85,000
Sold Price
$75,000
Premium/Discount to List
-$10,000
-11.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.21%
Original Mortgage
$121,125
Interest Rate
3.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 8, 1983
Sold by
Adc Fairways Corp
Bought by
Tejuoso Adedapo A and Tejuoso Titilola
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 Type Sale Price Title Company
Deed $181,000 Fidelity National Title
Trustee Deed $180,000 None Listed On Document
Deed $161,500 Atg Title Inc
Deed $37,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $171,950 New Conventional
Previous Owner $121,125 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2024 09/16/24 Sold $181,000 +0.6% $211 / Sq Ft
06/11/2024 06/11/24 For Sale $179,900 +139.9% $210 / Sq Ft
03/11/2020 03/11/20 Sold $75,000 -11.8% $88 / Sq Ft
11/14/2019 11/14/19 Pending -- -- --
10/11/2019 10/11/19 For Sale $85,000 -- $99 / 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 $1,882 $120,000 $36,000 $84,000
2023 $1,245 $112,000 $0 $0
2022 $1,643 $104,000 $0 $0
2021 $1,524 $96,000 $28,800 $67,200
2020 $1,346 $84,000 $0 $0
2019 $1,031 $72,000 $0 $0
2018 $989 $60,000 $15,000 $45,000
2017 $861 $55,667 $0 $0
2016 -- $51,333 $0 $0
2015 $1,938 $47,000 $0 $0
2014 $1,938 $47,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDPG546922

Bright MLS

APN: 17-1941871