NOT LISTED FOR SALE

Presidential Towers 1836 Metzerott Rd Unit 422 Adelphi, MD 20783

Estimated Value: $163,435 - $176,000

2 Beds
2 Baths
1,145 Sq Ft
$730/mo HOA Fee

Last Sold April 05, 2022

Last sale price $115,000 $100 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $1,764/month

Highlights

  • Contemporary Architecture
  • Tennis Courts
  • Eat-In Kitchen
  • Community Pool
  • Elevator
  • Security Service

About This Home

As of April 2022

Excellent opportunity to own a spacious 2 br/2bath condo in high-rise apartment complex. Property is being sold as-is and needs some fixup to be made your very own. Condo complex offers concierge, exercise room, community pool, and community laundry. All utilities are covered in the monthly condo fee. This one will not last

Last Agent to Sell the Property

Larry Daniels

(202) 491-6866 ldaniels1@aol.com Daniels Realty, LLC License #589285 Listed on: 01/20/2022

Last Buyer's Agent

Akin Falodun

(202) 409-2884 Akin.Falodun@outlook.com Samson Properties

Samson Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,394

Year Built

  • Built in 1971

Lot Details

  • Property is in below average condition

HOA Fees

  • $730 Monthly HOA Fees

Parking

  • Rented or Permit Required

Home Design

  • Contemporary Architecture
  • Entry on the 4th floor
  • Brick Exterior Construction

Interior Spaces

  • 1,145 Sq Ft Home
  • Property has 1 Level
  • Dining Area
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 17171939255

Community Details

Overview

  • Association fees include air conditioning, electricity, exterior building maintenance, gas, heat, management, insurance, parking fee, pool(s), sewer, snow removal
  • High-Rise Condominium
  • Presidential Tow Community
  • Presidential Subdivision

Amenities

  • Elevator
  • Convenience Store
  • Community Storage Space

Recreation

  • Community Basketball Court

Pet Policy

  • Pets allowed on a case-by-case basis

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,394

Year Built

Built in 1971

Lot Details

0

HOA Fees

$730 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
  • Automatically Close On Close Date: No
  • Remarks Public: Excellent opportunity to own a spacious 2 br/2bath condo in high-rise apartment complex. Property is being sold as-is and needs some fixup to be made your very own. Condo complex offers concierge, exercise room, community pool, and community laundry. All utilities are covered in the monthly condo fee. This one will not last
  • Special Assessment Payment: Annually
  • Washer Dryer Hookups YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 4
  • Interior Amenities: Dining Area, Kitchen - Table Space
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1145
  • Living Area Sq Ft: 1145
  • Price Per Sq Ft: 87.34
  • Above Grade Finished Sq Ft: 1145
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1836

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: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 730.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Basketball Courts, Convenience Store, Elevator, Extra Storage, Pool - Outdoor, Security, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Air Conditioning, Electricity, Ext Bldg Maint, Gas, Heat, Management, Insurance, Parking Fee, Pool(s), Sewer, Snow Removal
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
  • School District Key: 121137599599
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: 011
  • Property Condition: Below Average
  • Zoning: RH
  • In City Limits: Yes

Rental Info

  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14613167
  • Tax Annual Amount: 1394.00
  • Assessor Parcel Number: 17171939255
  • Tax Total Finished Sq Ft: 1145
  • Tax Year: 2021
  • Close Date: 04/05/2022

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2022
Closed on
Mar 3, 2022
Sold by
Mortgage Equity Conversion Asset Trust
Bought by
Mokam Cecilia and Mokam Edward
Seller's Agent
Larry Daniels
Daniels Realty, LLC
Buyer's Agent
Akin Falodun
Samson Properties
List Price
$100,000
Sold Price
$115,000
Premium/Discount to List
$15,000
15%
Current Estimated Value
$168,359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,359
Avg. Annual Appreciation
11.33%

Purchase Details

Closed on
Nov 10, 2021
Sold by
Henry Bishop
Bought by
Mortgage Equity Conversion Asset Trust

Purchase Details

Closed on
Nov 29, 2001
Sold by
Taylor Richard A
Bought by
Sheppard Elva and Unit 422

Purchase Details

Closed on
Mar 19, 1998
Sold by
Taylor Richard A and Mcle Cranston R
Bought by
Taylor Richard A and Unit 422

Purchase Details

Closed on
Oct 11, 1995
Sold by
Mgic Real Estate Servicing Corp
Bought by
Taylor Richard A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,800
Interest Rate
7.71%

Purchase Details

Closed on
Jan 24, 1995
Sold by
Friedman Alvin E
Bought by
First Fl Svgs Bk
Source: Public Records

Range of Values:

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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
Mokam Cecilia $115,000 Crown Title
Mortgage Equity Conversion Asset Trust $208,749 None Listed On Document
Sheppard Elva $60,000 --
Taylor Richard A -- --
Taylor Richard A $52,000 --
First Fl Svgs Bk $63,755 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner First Fl Svgs Bk $50,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/05/2022 04/05/22 Sold $115,000 0.0% $100 / Sq Ft
02/02/2022 02/02/22 Pending -- -- --
01/26/2022 01/26/22 Off Market $115,000 -- --
01/20/2022 01/20/22 For Sale $100,000 -- $87 / 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 $1,667 $110,667 $0 $0
2022 $2,372 $106,333 $0 $0
2021 $1,538 $102,000 $30,600 $71,400
2020 $2,789 $92,333 $0 $0
2019 $1,184 $82,667 $0 $0
2018 $1,033 $73,000 $15,000 $58,000
2017 $810 $63,000 $0 $0
2016 -- $53,000 $0 $0
2015 $1,077 $43,000 $0 $0
2014 $1,077 $43,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDPG2027812

Bright MLS

APN: 17-1939255