$110,500
SOLD JUL 26, 2018

Presidential Towers 1836 Metzerott Rd Unit 608 Adelphi, MD 20783

2 Beds
2 Baths
1,111 Sq Ft
$677/mo HOA Fee

Recently Sold

$99 Per Sq Ft

22% Below List Price

92 Days on Market

Highlights

  • Concierge
  • In Ground Pool
  • Traditional Architecture
  • 24-Hour Security
  • Open Floorplan
  • Wood Flooring

About This Home

As of July 2018

MOTIVATED SELLER !!! All utilities included, Completely renovated 2 Bed 2 Bath Condo. New HVAC unit. Numerous upgrades incl: wood floors, New Cabinets with granite counters, new windows, bathrooms, new appliances. Open floorplan & kitchen. Enjoy gorgeous sunsets, outdoor pool,.24 hours Security. Conventional Loans and Cash only.

Last Agent to Sell the Property

Henry Reyes

RE/MAX Town Center Listed on: 03/24/2018

RE/MAX Town Center

Last Buyer's Agent

Henry Reyes

RE/MAX Town Center Listed on: 03/24/2018

RE/MAX Town Center

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $974

Year Built

  • Built in 1971 | Remodeled in 2018

HOA Fees

  • $677 Monthly HOA Fees

Parking

  • Rented or Permit Required

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,111 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms
  • Dual Flush Toilets

Home Security

Outdoor Features

  • In Ground Pool

Utilities

  • Central Air
  • Electric Air Filter
  • Heating Available
  • Electric Water Heater
  • Public Septic

Additional Features

  • Accessible Elevator Installed
  • Property is in very good condition

Listing and Financial Details

  • Assessor Parcel Number 17171939081

Community Details

Overview

  • Association fees include air conditioning, electricity, exterior building maintenance, gas, heat, lawn maintenance, management, insurance, pool(s), reserve funds, sewer, snow removal, trash, water
  • High-Rise Condominium
  • Built by PRESIDENTIAL TOWER
  • Presidential Tow Community
  • Presidential Towers Subdivision
  • The community has rules related to parking rules

Amenities

  • Concierge
  • Party Room
  • Elevator

Recreation

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$974

Year Built

Built in 1971 | Remodeled in 2018

Lot Details

0

HOA Fees

$677 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
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2018-03-24
  • Year Built: 1971
  • Year Renovated: 2018
  • Remarks Public: MOTIVATED SELLER !!! All utilities included, Completely renovated 2 Bed 2 Bath Condo. New HVAC unit. Numerous upgrades incl: wood floors, New Cabinets with granite counters, new windows, bathrooms, new appliances. Open floorplan & kitchen. Enjoy gorgeous sunsets, outdoor pool,.24 hours Security. Conventional Loans and Cash only.
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Dual Flush Toilets, Microwave, Refrigerator, Stove
  • Interior Amenities: Combination Dining/Living, Upgraded Countertops, Elevator, Wood Floors, Floor Plan - Open
  • Fireplace: No
  • Entry Location: Floors 6-10
  • Levels Count: 1
  • Room List: Primary Bedroom, Bedroom 2
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1111
  • Living Area Sq Ft: 1111
  • Price Per Sq Ft: 123.22
  • Above Grade Finished Sq Ft: 1111
  • 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
  • Construction Materials: Brick
  • Pool Features: In Ground
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community, Yes - Personal
  • 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: Electric
  • Heating Type: Electric Air Filter
  • Heating: Yes
  • Hot Water: Electric
  • Security: 24 Hour Security, Desk In Lobby, Resident Manager, Carbon Monoxide Detector(s), Smoke Detector
  • Sewer/Septic System: Public Septic
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 677.36
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Concierge, Elevator, Party Room, Pool - Outdoor, Security
  • HOA Condo Co-Op Fee Includes: Air Conditioning, Electricity, Ext Bldg Maint, Gas, Heat, Lawn Maintenance, Management, Insurance, Pool(s), Reserve Funds, Sewer, Snow Removal, Trash, Water
  • HOA Condo Co-Op Management Type: Property Lessee Assocication
  • HOA Condo Co-Op Rules: Elevator Use, Parking
  • HOA: No
  • Senior Community: No

Schools

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

Green Features

  • Green Verification: No

Lot Info

  • Improvement Assessed Value: 62000.00
  • Land Assessed Value: 38000.00
  • Outdoor Living Structures: Balcony
  • Property Condition: Very Good
  • Year Assessed: 2017
  • Zoning: RH

Building Info

  • Builder Name: PRESIDENTIAL TOWER

Rental Info

  • Total Actual Rent: 19200.00
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14613157
  • Tax Annual Amount: 974.00
  • Assessor Parcel Number: 17171939081
  • Tax Page Number: 49
  • Tax Total Finished Sq Ft: 1111
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 07/26/2018

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2018
Closed on
Jul 27, 2018
Sold by
Reyes Norma J
Bought by
Shakya Nripendra and Shakya Pooja
Seller's Agent
Henry Reyes
RE/MAX Town Center
Buyer's Agent
Henry Reyes
RE/MAX Town Center
List Price
$142,000
Sold Price
$110,500
Premium/Discount to List
-$31,500
-22.18%
Current Estimated Value
$163,285

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,785
Avg. Annual Appreciation
6.02%
Original Mortgage
$88,400
Outstanding Balance
$77,563
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$88,823

Purchase Details

Listed on
Aug 25, 2017
Closed on
Oct 12, 2017
Sold by
Deutsche Bank National Trust Company
Bought by
Reyes Norma
Seller's Agent
Sherry Price
RealHome Services and Solutions, Inc.
Buyer's Agent
Henry Reyes
RE/MAX Town Center
List Price
$77,200
Sold Price
$65,000
Premium/Discount to List
-$12,200
-15.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
102.89%

Purchase Details

Closed on
May 31, 2017
Sold by
Mercer John M and Lazarus David
Bought by
Jung Gene

Purchase Details

Closed on
Aug 13, 2001
Sold by
Reaves Booker T and Reaves Linda W
Bought by
Lazarus David and Unit 608

Purchase Details

Closed on
Aug 27, 1986
Sold by
Woodard Linda F
Bought by
Reaves Booker T and Reaves Linda W
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $110,500 Acer Title & Escrow Llc
Special Warranty Deed $65,000 Premier Title Services
Trustee Deed $71,000 None Available
Deed $59,000 --
Deed $51,100 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $88,400 New Conventional
Previous Owner $133,840 Stand Alone Second
Previous Owner $104,300 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2018 07/26/18 Sold $110,500 -19.3% $99 / Sq Ft
06/25/2018 06/25/18 Pending -- -- --
06/15/2018 06/15/18 Price Changed $136,900 -3.6% $123 / Sq Ft
05/15/2018 05/15/18 For Sale $142,000 0.0% $128 / Sq Ft
04/19/2018 04/19/18 Pending -- -- --
03/24/2018 03/24/18 For Sale $142,000 +118.5% $128 / Sq Ft
10/25/2017 10/25/17 Sold $65,000 0.0% $66 / Sq Ft
09/21/2017 09/21/17 Pending -- -- --
09/21/2017 09/21/17 Off Market $65,000 -- --
09/15/2017 09/15/17 Price Changed $73,000 -5.4% $74 / Sq Ft
08/25/2017 08/25/17 For Sale $77,200 -- $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
2024 $1,732 $115,000 $34,500 $80,500
2023 $1,667 $110,667 $0 $0
2022 $1,603 $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 $1,107 $73,000 $15,000 $58,000
2017 $840 $64,000 $0 $0
2016 -- $55,000 $0 $0
2015 $1,644 $46,000 $0 $0
2014 $1,644 $46,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000281472

Bright MLS

APN: 17-1939081