NOT LISTED FOR SALE

Presidential Towers 1836 Metzerott Rd Unit 2024 Adelphi, MD 20783

Estimated Value: $151,000 - $178,000

2 Beds
2 Baths
1,274 Sq Ft
$724/mo HOA Fee

Last Sold February 16, 2024

Last sale price $135,000 $106 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,739/month

15 Days on Market

Highlights

  • 24-Hour Security
  • Open Floorplan
  • Breakfast Area or Nook
  • Private Pool
  • Federal Architecture
  • Intercom

About This Home

As of February 2024

Discover the Potential in this Penthouse Gem!
Welcome to a unique opportunity to create your dream home at the penthouse level, two-bedroom unit waiting for your personal touch and vision. This cozy abode, despite needing a bit of tender loving care (TLC), holds immense potential and offers an array of appealing features.
Imagine the convenience of having all your utilities (except phone/internet/cable) included in a low condo fee, providing you with budget-friendly living. The 24-hour monitored front desk ensures security and peace of mind, while the laundry room on each floor, equipped with a washer and dryer, adds to your comfort and convenience.
But that's not all – this residence is part of a vibrant community that boasts a variety of amenities for every lifestyle. Stay active and fit in the well-equipped workout room, take a refreshing dip in the sparkling swimming pool, or enjoy family time at the playground. Basketball and tennis courts invite friendly competition, while serene picnic areas provide the perfect backdrop for relaxation.
For commuters, the location is unbeatable. Easy access to major commuting routes, including New Hampshire Ave, I-495, Riggs Road, Piney Branch Road, the Purple Line, and proximity to Metro Bus and UMD Shuttle, ensures that your daily travels are smooth and efficient.
Become a resident, and you'll not only enhance your living space but also gain access to a community that offers an abundance of amenities and convenience. Don't miss the chance to transform this penthouse into your ideal home and enjoy a lifestyle that blends comfort, activity, and accessibility. The possibilities await!

Last Agent to Sell the Property

Craig Rosenfeld

(301) 529-0053 craig@craigrosenfeld.com RE/MAX Realty Group License #SP0225098559 Listed on: 01/18/2024

RE/MAX Realty Group

Last Buyer's Agent

Craig Rosenfeld

(301) 529-0053 craig@craigrosenfeld.com RE/MAX Realty Group License #SP0225098559 Listed on: 01/18/2024

RE/MAX Realty Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,238

Year Built

  • Built in 1971 | Remodeled in 2015

Lot Details

  • 1,002

HOA Fees

  • $724 Monthly HOA Fees

Home Design

  • Federal Architecture
  • Entry on the 20th floor

Interior Spaces

  • 1,274 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Storage Room

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Home Security

  • Surveillance System
  • Intercom
  • Exterior Cameras

Pool

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 17171939594

Community Details

Overview

  • Association fees include air conditioning, electricity, gas, heat, high speed internet, lawn maintenance, management, parking fee, pool(s), road maintenance, sewer, snow removal, trash, water, alarm system
  • High-Rise Condominium
  • Presidential Towers Subdivision

Recreation

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Front Desk in Lobby
  • Resident Manager or Management On Site
  • Fire and Smoke Detector

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,238

Year Built

Built in 1971 | Remodeled in 2015

Lot Details

0

HOA Fees

$724 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Federal
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-01-18
  • Year Built: 1971
  • Year Renovated: 2015
  • Washer Dryer Hookups YN: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Microwave, Oven/Range - Electric, Refrigerator, Stove
  • Entry Floor: 20
  • Interior Amenities: Breakfast Area, Elevator, Floor Plan - Open
  • Fireplace: No
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Foyer, Storage Room
  • Basement: No
  • Total Sq Ft: 1274
  • Living Area Sq Ft: 1274
  • Price Per Sq Ft: 102.04
  • Above Grade Finished Sq Ft: 1274
  • 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: Yes - Community, Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Refuse: 66.67
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Central
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Security: Desk In Lobby, 24 Hour Security, Electric Alarm, Exterior Cameras, Fire Detection System, Main Entrance Lock, Resident Manager, Surveillance Sys, Smoke Detector, Security System, Intercom
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 723.61
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Elevator, Pool - Outdoor, Security
  • HOA Condo Co-Op Fee Includes: Air Conditioning, Electricity, Gas, Heat, High Speed Internet, Lawn Maintenance, Management, Parking Fee, Pool(s), Road Maintenance, Sewer, Snow Removal, Trash, Water, Alarm System
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Zoning: RH
  • In City Limits: No

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1238.00
  • Assessor Parcel Number: 17171939594
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2024
Closed on
Feb 16, 2024
Sold by
Jehan Parveen
Bought by
Lunitas Properties Llc
Seller's Agent
Craig Rosenfeld
RE/MAX Realty Group
Buyer's Agent
Craig Rosenfeld
RE/MAX Realty Group
List Price
$130,000
Sold Price
$135,000
Premium/Discount to List
$5,000
3.85%
Views
144
Current Estimated Value
$165,581

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,581
Avg. Annual Appreciation
11.41%

Purchase Details

Listed on
Feb 4, 2016
Closed on
Apr 8, 2016
Sold by
Dimitrov Anthony S
Bought by
Jehan Parveen
Seller's Agent
Stan Dimitrov
Smart Realty, LLC
Buyer's Agent
Gloria Mixon
Redfin Corp
List Price
$89,000
Sold Price
$85,000
Premium/Discount to List
-$4,000
-4.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.06%
Original Mortgage
$10,000
Interest Rate
3.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2010
Sold by
Federal National Mortgage Association
Bought by
Dimitrov Anthony S

Purchase Details

Closed on
Jun 9, 2010
Sold by
Oulmese Isimemen
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 22, 2008
Sold by
Snyder Robert and Snyder Anita
Bought by
Isimemen Oulmese

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,000
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 15, 2008
Sold by
Snyder Robert and Snyder Anita
Bought by
Isimemen Oulmese

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,000
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 24, 2005
Sold by
Vinton Kenneth W
Bought by
Snyder Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,000
Interest Rate
5.87%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lunitas Properties Llc $135,000 Commonwealth Land Title
Lunitas Properties Llc $135,000 Commonwealth Land Title
Jehan Parveen $85,000 Millennium Title & Abstract
Dimitrov Anthony S $42,000 --
Federal National Mortgage Association -- --
Isimemen Oulmese $170,000 --
Isimemen Oulmese $170,000 --
Snyder Robert $149,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jehan Parveen $10,000
Previous Owner Isimemen Oulmese $34,000
Previous Owner Isimemen Oulmese $34,000
Previous Owner Snyder Robert $149,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/16/2024 02/16/24 Sold $135,000 +3.8% $106 / Sq Ft
02/03/2024 02/03/24 Pending -- -- --
01/18/2024 01/18/24 For Sale $130,000 +52.9% $102 / Sq Ft
04/08/2016 04/08/16 Sold $85,000 -4.5% $67 / Sq Ft View Prior Sale
02/04/2016 02/04/16 For Sale $89,000 -- $70 / 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 $1,799 $131,167 -- --
2024 $1,799 $115,000 $34,500 $80,500
2023 $1,744 $111,333 $0 $0
2022 $1,197 $107,667 $0 $0
2021 $3,324 $104,000 $31,200 $72,800
2020 $2,962 $93,667 $0 $0
2019 $1,193 $83,333 $0 $0
2018 $1,085 $73,000 $15,000 $58,000
2017 $926 $64,667 $0 $0
2016 -- $56,333 $0 $0
2015 $1,925 $48,000 $0 $0
2014 $1,925 $45,667 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDPG2101310

Bright MLS

APN: 17-1939594