NOT LISTED FOR SALE

Presidential Towers 1836 Metzerott Rd Unit 2020 Adelphi, MD 20783

Estimated Value: $144,000 - $181,000

2 Beds
2 Baths
1,111 Sq Ft
$631/mo HOA Fee

Last Sold June 01, 2023

Last sale price $158,000 $142 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,690/month

28 Days on Market

Highlights

  • Fitness Center
  • Forced Air Heating and Cooling System
  • High-Rise Condominium
  • Traditional Architecture
  • South Facing Home

About This Home

As of June 2023

PENT HOUSE CONDO ON TOP FLOOR WITH 2 LARGE BEDROOMS AND TWO FULL BATHS IN AN EXCELLENT NEIGHBORHOOD. CLOSE TO MARYLAND UNIVERSITY AND BELTWAY. ALL UTILITIES ARE INCLUDED IN THE CONDO FEES. LOTS OF AMENITIES LIKE: SWIMMING POOLS, TENNIS COURTS, PLAY GROUND AND SHOPPING AND DENTAL FACILITIES ETC. BUS CONVENIENCE TO METRO AND SHOPPINGS AND UNIVERSITY OF MARYLAND.

Last Agent to Sell the Property

Latif Chaudhry

(703) 945-8800 latifchaudhry1@gmail.com Samson Properties License #662472 Listed on: 03/10/2023

Samson Properties

Last Buyer's Agent

obinna ekene

(202) 369-0492 obihousemaster@hotmail.com Smart Realty, LLC

Smart Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $974

Year Built

  • Built in 1971 | Remodeled in 2020

Lot Details

  • 1,002

HOA Fees

  • $631 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Traditional Architecture
  • Entry on the 20th floor

Interior Spaces

  • 1,111 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Additional Features

  • Accessible Elevator Installed
  • South Facing Home

Listing and Financial Details

  • Assessor Parcel Number 17171939024

Community Details

Overview

  • Association fees include air conditioning, common area maintenance, custodial services maintenance, electricity, exterior building maintenance, gas, heat, lawn maintenance, management, reserve funds, sewer, snow removal, trash, water
  • High-Rise Condominium
  • Presidential Tow Community
  • Presidential Towers Subdivision
  • Property Manager

Recreation

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$974

Year Built

Built in 1971 | Remodeled in 2020

Lot Details

0

HOA Fees

$631 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Traditional
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1971
  • Year Renovated: 2020
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Entry Floor: 20
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1111
  • Living Area Sq Ft: 1111
  • Price Per Sq Ft: 153.02
  • Above Grade Finished Sq Ft: 1111
  • 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, Below Grade
  • Construction Materials: Concrete
  • 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

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

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 631.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Exercise Room, Elevator
  • HOA Condo Co-Op Fee Includes: Air Conditioning, Common Area Maintenance, Custodial Services Maintenance, Electricity, Ext Bldg Maint, Gas, Heat, Lawn Maintenance, Management, Reserve Funds, Sewer, Snow Removal, Trash, Water
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Zoning: RH
  • In City Limits: No

Rental Info

  • Pets Allowed: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 974.00
  • Assessor Parcel Number: 17171939024
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2023
Closed on
Jun 1, 2023
Sold by
Lamichanne Rajesh
Bought by
Beni Ngwayi Doris
Seller's Agent
Latif Chaudhry
Samson Properties
Buyer's Agent
obinna ekene
Smart Realty, LLC
List Price
$170,000
Sold Price
$158,000
Premium/Discount to List
-$12,000
-7.06%
Views
265
Current Estimated Value
$167,052

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,052
Avg. Annual Appreciation
2.24%
Original Mortgage
$142,200
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 3, 2020
Closed on
Sep 29, 2020
Sold by
Atlantica Llc
Bought by
Lamichanne Rajesh
Seller's Agent
Doug Perry
RE/MAX Excellence Realty
Buyer's Agent
Yogi Karki
Samson Properties
List Price
$154,900
Sold Price
$139,500
Premium/Discount to List
-$15,400
-9.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.77%

Purchase Details

Closed on
Jun 18, 2019
Sold by
Orishagbemi Olayinka T
Bought by
Atlantica Llc

Purchase Details

Closed on
May 4, 2006
Sold by
K D Properties Inc
Bought by
Orishagbemi Olayinka T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,000
Interest Rate
6.4%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 27, 2006
Sold by
K D Properties Inc
Bought by
Orishagbemi Olayinka T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,000
Interest Rate
6.4%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 12, 2002
Sold by
Solomon Lawrence
Bought by
K D Properties Inc and Unit 2020

Purchase Details

Closed on
Dec 20, 1996
Sold by
Sirmai Albert
Bought by
Solomon Lawrence
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
Beni Ngwayi Doris $158,000 Millennium Title
Beni Ngwayi Doris $158,000 Millennium Title
Lamichanne Rajesh $139,500 Community Setmnt Group Llc
Atlantica Llc $72,000 None Available
Orishagbemi Olayinka T $160,000 --
Orishagbemi Olayinka T $160,000 --
K D Properties Inc $75,000 --
Solomon Lawrence $45,154 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Beni Ngwayi Doris $142,200
Previous Owner Orishagbemi Olayinka T $16,000
Previous Owner Orishagbemi Olayinka T $144,000
Previous Owner Orishagbemi Olayinka T $144,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/01/2023 06/01/23 Sold $158,000 -7.1% $142 / Sq Ft
03/10/2023 03/10/23 For Sale $170,000 0.0% $153 / Sq Ft
04/27/2021 04/27/21 Rented $1,650 0.0% --
02/07/2021 02/07/21 For Rent $1,650 +3.1% --
12/30/2020 12/30/20 Rented $1,600 0.0% --
12/28/2020 12/28/20 Off Market $1,600 -- --
12/10/2020 12/10/20 Price Changed $1,600 -3.0% $1 / Sq Ft
10/03/2020 10/03/20 For Rent $1,650 0.0% --
09/29/2020 09/29/20 Sold $139,500 -3.7% $126 / Sq Ft View Prior Sale
09/09/2020 09/09/20 Pending -- -- --
05/20/2020 05/20/20 Price Changed $144,900 -6.5% $130 / Sq Ft
04/03/2020 04/03/20 For Sale $154,900 -- $139 / 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 $2,158 $147,367 -- --
2024 $2,158 $143,700 $43,100 $100,600
2023 $976 $129,800 $0 $0
2022 $1,289 $115,900 $0 $0
2021 $1,538 $102,000 $30,600 $71,400
2020 $1,395 $92,333 $0 $0
2019 $1,184 $82,667 $0 $0
2018 $1,085 $73,000 $15,000 $58,000
2017 $951 $64,000 $0 $0
2016 -- $55,000 $0 $0
2015 $1,392 $46,000 $0 $0
2014 $1,392 $46,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDPG2072308

Bright MLS

APN: 17-1939024