M
Seller's Agent in 2023
MENGHES OGBAMICAEL
DMV Realty, INC.
(703) 314-1020
2 in this area
4 Total Sales
Presidential Towers 1836 Metzerott Rd Unit 1221 Adelphi, MD 20783
Estimated Value: $169,000 - $201,000
2
Beds
2
Baths
1,111
Sq Ft
$630/mo
HOA Fee
Highlights
- Concierge
- Community Pool
- Security Service
- Traditional Architecture
- Community Basketball Court
- Central Heating and Cooling System
About This Home
As of October 2023Appointment must be confirmed first before showing. Dream home, completely remodeled, spacious 2 bedroom and 2 full baths, shining floor completed changed throughout living room, hall way, closet and both bedrooms. Breath taking view from private balcony. Low condo fees includes all the utilities except cable. Two parking space, concierge front desk, security. Convenient store at the lower level for convenience, excellent gym...
Great tenant would like to renew the lease and stay. Don't wait before it's too late.
Please call the listing agent before showing to confirm the time. Thank you for showing
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,669
Year Built
- Built in 1971
Lot Details
- 1,002
HOA Fees
- $630 Monthly HOA Fees
Parking
- Parking Lot
Home Design
- Traditional Architecture
- Brick Exterior Construction
Interior Spaces
- 1,111 Sq Ft Home
- Property has 1 Level
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 2 Full Bathrooms
Accessible Home Design
- Accessible Elevator Installed
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 17171934991
Community Details
Overview
- Association fees include air conditioning, electricity, gas, heat, lawn care front, lawn care rear, lawn maintenance, parking fee, pool(s), security gate, snow removal, trash, water
- Presidential Tower Condominium Condos
- Adelphi Subdivision
Amenities
- Concierge
- Common Area
- Laundry Facilities
Recreation
- Community Basketball Court
- Community Playground
Pet Policy
- No Pets Allowed
Security
- Security Service
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 25, 2023
Closed on
Oct 27, 2023
Sold by
Ogbamicael Menghes and Sium Elsa
Bought by
Besremo Ayub
Seller's Agent
MENGHES OGBAMICAEL
DMV Realty, INC.
Buyer's Agent
Blen Tadesse
DMV Realty, INC.
List Price
$210,000
Sold Price
$185,000
Premium/Discount to List
-$25,000
-11.9%
Total Days on Market
14
Views
79
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,769
Avg. Annual Appreciation
0.24%
Original Mortgage
$148,000
Outstanding Balance
$146,373
Interest Rate
7.79%
Mortgage Type
New Conventional
Estimated Equity
$39,294
Purchase Details
Listed on
Oct 25, 2019
Closed on
Dec 18, 2019
Sold by
Spence Winsbert and Spence Veta Lorris
Bought by
Ogbamicael Menghes and Sium Elsa
Seller's Agent
Melissa Smith
Samson Properties
Buyer's Agent
Glenda Avila
EXIT ESSENTIALS REALTY, LLC
List Price
$120,000
Sold Price
$105,000
Premium/Discount to List
-$15,000
-12.5%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.80%
Purchase Details
Closed on
Apr 28, 1992
Sold by
Yazdanipour Bahram
Bought by
Spence Veta L and Spence Winsbert
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Besremo Ayub | $185,000 | Houze Title | |
| Ogbamicael Menghes | $105,000 | Atlas Title & Escrow Inc | |
| Spence Veta L | $58,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Besremo Ayub | $148,000 | |
| Previous Owner | Spence Veta I | $25,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/27/2023 10/27/23 | Sold | $185,000 | 0.0% | $167 / Sq Ft |
| 10/09/2023 10/09/23 | Pending | -- | -- | -- |
| 10/02/2023 10/02/23 | Price Changed | $185,000 | -3.6% | $167 / Sq Ft |
| 09/27/2023 09/27/23 | Price Changed | $192,000 | -8.6% | $173 / Sq Ft |
| 09/25/2023 09/25/23 | For Sale | $210,000 | +100.0% | $189 / Sq Ft |
| 12/18/2019 12/18/19 | Sold | $105,000 | -12.5% | $95 / Sq Ft |
| 10/25/2019 10/25/19 | For Sale | $120,000 | -- | $108 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $1,799 | $115,000 | $34,500 | $80,500 |
| 2023 | $1,734 | $110,667 | $0 | $0 |
| 2022 | $1,669 | $106,333 | $0 | $0 |
| 2021 | $1,605 | $102,000 | $30,600 | $71,400 |
| 2020 | $1,461 | $92,333 | $0 | $0 |
| 2019 | $1,184 | $82,667 | $0 | $0 |
| 2018 | $1,174 | $73,000 | $15,000 | $58,000 |
| 2017 | $907 | $64,000 | $0 | $0 |
| 2016 | -- | $55,000 | $0 | $0 |
| 2015 | $1,143 | $46,000 | $0 | $0 |
| 2014 | $1,143 | $46,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
MENGHES OGBAMICAEL
-
Blen Tadesse
B
Buyer's Agent in 2023
Blen Tadesse
DMV Realty, INC.
(214) 675-0379
1 in this area
2 Total Sales
-
Melissa Smith
Seller's Agent in 2019
Melissa Smith
Samson Properties
(240) 424-6231
83 Total Sales
-
Glenda Avila
Buyer's Agent in 2019
Glenda Avila
EXIT ESSENTIALS REALTY, LLC
(301) 529-0729
6 in this area
18 Total Sales
About Presidential Towers
Map
Similar Homes in Adelphi, MD
Source: Bright MLS
MLS Number: MDPG2091806
APN: 17-1934991
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