NOT LISTED FOR SALE

Presidential Towers 1836 Metzerott Rd Unit 403 Adelphi, MD 20783

Estimated Value: $111,000 - $131,000

1 Bed
1 Bath
821 Sq Ft
$466/mo HOA Fee

Last Sold May 27, 2022

Last sale price $118,650 $145 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,280/month

21 Days on Market

Highlights

  • Wood Flooring
  • Heating Available
  • High-Rise Condominium

About This Home

As of May 2022

ONLINE REAL ESTATE AUCTION!! Bidding Opens - Wednesday, April 27, 2022 Bidding Closes - Friday, April 29, 2022 at 11:00 AM. List price is opening bid only. Please use visitors parking to the left of the building.


1836 Metzerott Road, Unit 403, is located in the Presidential Towers Condominium complex. Located in the heart of Adelphi, the condominium complex is centrally located for residents to travel, dine and enjoy all Prince George’s County has to offer. Within two miles of the condominium is the State’s flagship university, University of Maryland, College Park. In recent years, the University has undergone academic, athletic and social development to boost the appeal of not only the University but the surrounding areas. Around the surrounding campus, new developments are beginning to pop up that feature hotels, grocery stores, co-op kitchens and restaurants. Public transportation is available immediately outside of the condominium complex and the College Park metro station is under 4 miles away. The Purple Line, a new 16 mile rail line, will be coming through the University of Maryland and will allow residents of the surrounding communities easier access to other parts of the State. The Purple Line will run from Bethesda, Montgomery County, to New Carrollton, Prince George’s County. Major employers in the area include University of Maryland College Park and the shops at The Mall at Prince George’s.

Last Agent to Sell the Property

Luis Arrazola

(410) 296-8441 luis@ajbillig.com A.J. Billig & Company License #676566 Listed on: 04/08/2022

Co-Listed By

Charles Billig

(410) 296-8440 charles@ajbillig.com A.J. Billig & Company

Last Buyer's Agent

Cardell Beasley

(757) 327-1504 bhaateam@gmail.com Samson Properties

Samson Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,307

Year Built

  • Built in 1971

Lot Details

  • 1,002

HOA Fees

  • $466 Monthly HOA Fees

Home Design

  • Entry on the 4th floor
  • Brick Exterior Construction

Interior Spaces

  • 821 Sq Ft Home
  • Property has 1 Level

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 17171933902

Community Details

Overview

  • Association fees include water, trash, sewer, electricity, gas
  • High-Rise Condominium
  • Presidential Towers Condos
  • Presidential Towers Subdivision

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,307

Year Built

Built in 1971

Lot Details

0

HOA Fees

$466 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1971
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: No
  • Special Features: Auction
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 4
  • Flooring Type: Carpet, Hardwood
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 821
  • Living Area Sq Ft: 821
  • Price Per Sq Ft: 79.17
  • Above Grade Finished Sq Ft: 821
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • 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
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 465.70
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Presidential Towers
  • HOA Condo Co-Op Fee Includes: Water, Trash, Sewer, Electricity, Gas
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 73500.00
  • Land Assessed Value: 31500.00
  • Zoning: .
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Pets Allowed: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14700374
  • Tax Annual Amount: 1307.00
  • Assessor Parcel Number: 17171933902
  • Tax Page Number: 489
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2022
Closed on
May 27, 2022
Sold by
Purvis Maurice
Bought by
Pimentel Angelo
Seller's Agent
Luis Arrazola
A.J. Billig & Company
Buyer's Agent
Cardell Beasley
Samson Properties
List Price
$65,000
Sold Price
$118,650
Premium/Discount to List
$53,650
82.54%
Current Estimated Value
$130,523

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,873
Avg. Annual Appreciation
1.31%

Purchase Details

Listed on
Apr 8, 2022
Closed on
Mar 30, 2022
Sold by
Jimenez Lipscomb
Bought by
Purvis Maurice and Colelough Lamont
Seller's Agent
Luis Arrazola
A.J. Billig & Company
Buyer's Agent
Cardell Beasley
Samson Properties
List Price
$65,000
Sold Price
$118,650
Premium/Discount to List
$53,650
82.54%

Purchase Details

Closed on
Apr 21, 2011
Sold by
Merrill Lynch Mtg Inv
Bought by
Lipscomb Jimenez

Purchase Details

Closed on
Mar 24, 2011
Sold by
Merrill Lynch Mtg Inv
Bought by
Lipscomb Jimenez

Purchase Details

Closed on
Feb 28, 2011
Sold by
Wilkins Jean M
Bought by
Merrill Lynch Mtg Inv 2007

Purchase Details

Closed on
Jul 28, 1994
Sold by
Secretary Of H U D
Bought by
Wilkins Jean M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,300
Interest Rate
8.25%

Purchase Details

Closed on
May 3, 1994
Sold by
Taylor Sterling O
Bought by
Secretary Of H U D
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
Pimentel Angelo $118,650 Marvel Title
Pimentel Angelo $118,650 Marvel Title
Purvis Maurice $21,000 None Listed On Document
Lipscomb Jimenez $22,000 --
Lipscomb Jimenez $22,000 --
Merrill Lynch Mtg Inv 2007 $36,450 --
Wilkins Jean M $39,000 --
Secretary Of H U D $48,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Secretary Of H U D $41,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2022 05/27/22 Sold $118,650 +82.5% $145 / Sq Ft
04/29/2022 04/29/22 Pending -- -- --
04/08/2022 04/08/22 For Sale $65,000 -- $79 / 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 $1,651 $108,333 -- --
2024 $1,651 $105,000 $31,500 $73,500
2023 $1,082 $97,333 $0 $0
2022 $1,823 $89,667 $0 $0
2021 $803 $82,000 $24,600 $57,400
2020 $1,536 $71,333 $0 $0
2019 $869 $60,667 $0 $0
2018 $680 $50,000 $15,000 $35,000
2017 $642 $45,333 $0 $0
2016 -- $40,667 $0 $0
2015 $1,496 $36,000 $0 $0
2014 $1,496 $36,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDPG2038434

Bright MLS

APN: 17-1933902