NOT LISTED FOR SALE

Presidential Towers 1836 Metzerott Rd Unit 1526 Adelphi, MD 20783

Estimated Value: $165,000 - $176,000

2 Beds
2 Baths
1,190 Sq Ft
$726/mo HOA Fee

Last Sold June 28, 2012

Last sale price $35,000 $29 Per Sq Ft

Est. 384% increase in value since last sale

Current estimated payment $1,750/month

32 Days on Market

Highlights

  • Contemporary Architecture
  • Dining Area
  • High-Rise Condominium
  • Traditional Floor Plan
  • Heating Available

About This Home

As of June 2012

Spacious 2 bedroom 2 bath unit located on the 15th floor with spectacular views! Separate living room and dining room. MOVE-IN READY. A must see!!! Financed offers require a Pre-Approval from Chase Loan Officer.

Last Agent to Sell the Property

Matias Escobar

(301) 408-1690 mattescobar@argentrealty.com Argent Realty, LLC License #532851 Listed on: 05/03/2012

Argent Realty, LLC

Co-Listed By

Juan Reyes

(240) 372-0638 jcreyes@aragon-homes.com Aragon Real Estate LLC License #573361

Last Buyer's Agent

Stephanie Blanton

stephanie@escobar-group.com Fairfax Realty Premier

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1971

Lot Details

  • 1,002

HOA Fees

  • $726 Monthly HOA Fees

Parking

  • Rented or Permit Required

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,190 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • Dining Area

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Heating Available
  • Natural Gas Water Heater

Community Details

  • High-Rise Condominium
  • Commerical Management Group Community
  • Presidential Subdivision

Listing and Financial Details

  • Assessor Parcel Number 17171939727

Property Details

Home Type

Condominium

Year Built

Built in 1971

Lot Details

0

HOA Fees

$726 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1971
  • Special Assessment Payment: Annually
  • Special Features: 20
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Dining Area, Floor Plan - Traditional
  • Fireplace: No
  • Entry Location: Floors 11-15
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1190
  • Living Area Sq Ft: 1190
  • Price Per Sq Ft: 34.12
  • Above Grade Finished Sq Ft: 1190
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • 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: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Rented/Permit Required

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Heating Fuel: Natural Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Unknown
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 725.61
  • Condo Co-Op Fee Frequency: Monthly
  • HOA: Yes

Lot Info

  • Improvement Assessed Value: 86200.00
  • Land Assessed Value: 28700.00
  • Zoning: RH

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14613204
  • Tax Annual Amount: 1644.22
  • Assessor Parcel Number: 17171939727
  • County Tax Payment Frequency: Annually
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2012
Closed on
Jun 26, 2012
Sold by
U S Bank National Association
Bought by
Leintu Jean Pierce Eric
Seller's Agent
Matias Escobar
Argent Realty, LLC
Buyer's Agent
Stephanie Blanton
Fairfax Realty Premier
List Price
$40,600
Sold Price
$35,000
Premium/Discount to List
-$5,600
-13.79%
Current Estimated Value
$169,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,550
Avg. Annual Appreciation
12.31%

Purchase Details

Closed on
Mar 28, 2011
Sold by
Montoya Sheny
Bought by
Bear Stearns Asset Bck Sec I Llc

Purchase Details

Closed on
May 27, 2005
Sold by
Boone Gloria J
Bought by
Montoya Sheny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
6.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Leintu Jean Pierce Eric $35,000 Gemini Title & Escrow Llc
Bear Stearns Asset Bck Sec I Llc $32,291 --
Montoya Sheny $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Montoya Sheny $116,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2012 06/28/12 Sold $35,000 -13.8% $29 / Sq Ft
06/04/2012 06/04/12 Pending -- -- --
05/03/2012 05/03/12 For Sale $40,600 -- $34 / 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
2025 $1,732 $126,667 -- --
2024 $1,732 $115,000 $34,500 $80,500
2023 $1,677 $111,333 $0 $0
2022 $1,197 $107,667 $0 $0
2021 $1,623 $104,000 $31,200 $72,800
2020 $1,415 $93,667 $0 $0
2019 $1,193 $83,333 $0 $0
2018 $1,107 $73,000 $15,000 $58,000
2017 $860 $64,667 $0 $0
2016 -- $56,333 $0 $0
2015 $1,644 $48,000 $0 $0
2014 $1,644 $48,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003970746

Bright MLS

APN: 17-1939727