NOT LISTED FOR SALE

Presidential Towers 1836 Metzerott Rd Unit 618 Adelphi, MD 20783

Estimated Value: $159,000 - $170,416

2 Beds
1 Bath
934 Sq Ft
$541/mo HOA Fee

Last Sold March 24, 2021

Last sale price $130,000 $139 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,569/month

12 Days on Market

Highlights

  • Fitness Center
  • Contemporary Architecture
  • Elevator
  • Gated Community
  • Community Pool
  • Security Service

About This Home

As of March 2021

OBSERVE ALL COVID PROTOCOL. MASKS MUST BE WORN IN THE HOME. NOT MORE THAN 3 PERSONS IN THE HOME AT THE SAME TIME. IF ANY MEMBER OF YOUR PARTY IS ILL OR DISPLAYING FLU LIKE SYMPTOMS PLEASE DO NOT ALLOW THEM TO VISIT. This well cared for unit is in excellent condition. Owner poured their heart into it. This is one of the bigger units in the building. 2 bedrooms and a private balcony. This oasis is in the heart of Adelphi, proximity to every amenity: shopping, highways etc. Great opportunity to own in this highly sort for community. The location is second to non.

Last Agent to Sell the Property

Iheanyichukwu Okeke

(443) 825-0023 ugokeke@gmail.com Samson Properties License #627049 Listed on: 02/04/2021

Samson Properties

Last Buyer's Agent

Claudia Palacios

(301) 445-1395 cp@sthld.com Smart Realty, LLC License #612538

Smart Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $736

Year Built

  • Built in 1971

Lot Details

  • 1,002

HOA Fees

  • $541 Monthly HOA Fees

Home Design

  • 934 Sq Ft Home
  • Contemporary Architecture
  • Entry on the 6th floor
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Lot

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 17171938703

Community Details

Overview

  • Association fees include air conditioning, common area maintenance, exterior building maintenance, electricity, gas, heat, lawn maintenance, management, parking fee, pool(s), recreation facility, snow removal, water
  • High-Rise Condominium
  • Presidential Tow Community
  • Presidential Towers Subdivision
  • Property has 7 Levels

Amenities

  • Common Area
  • Laundry Facilities
  • Elevator

Recreation

Security

  • Security Service
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$736

Year Built

Built in 1971

Lot Details

0

HOA Fees

$541 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Contemporary, Unit/Flat
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1971
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Entry Floor: 6
  • Levels Count: 7
  • Basement: No
  • Total Sq Ft: 934
  • Living Area Sq Ft: 934
  • Price Per Sq Ft: 139.19
  • Above Grade Finished Sq Ft: 934
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • 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: Block, Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 2

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 540.79
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Elevator, Exercise Room, Gated Community, Laundry Facilities, Security, Swimming Pool
  • HOA Condo Co-Op Fee Includes: Air Conditioning, Common Area Maintenance, Ext Bldg Maint, Electricity, Gas, Heat, Lawn Maintenance, Management, Parking Fee, Pool(s), Recreation Facility, Snow Removal, Water
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Zoning: RH
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 736.00
  • Assessor Parcel Number: 17171938703
  • 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
Feb 4, 2021
Closed on
Mar 24, 2021
Sold by
Mathieson Serena
Bought by
Velasquez Francisco N
Seller's Agent
Iheanyichukwu Okeke
Samson Properties
Buyer's Agent
Claudia Palacios
Smart Realty, LLC
List Price
$137,900
Sold Price
$130,000
Premium/Discount to List
-$7,900
-5.73%
Current Estimated Value
$164,104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,104
Avg. Annual Appreciation
5.08%
Original Mortgage
$117,000
Outstanding Balance
$105,059
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$59,045

Purchase Details

Listed on
Dec 20, 2019
Closed on
Jun 16, 2020
Sold by
Zhang Yi and Xu Zengzhu
Bought by
Mathieson Serena
Seller's Agent
Yi Zhang
Libra Realty, LLC
Buyer's Agent
Jessica Santizo
Samson Properties
List Price
$118,800
Sold Price
$108,000
Premium/Discount to List
-$10,800
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.63%
Original Mortgage
$97,200
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 20, 2009
Sold by
Gomez Fred
Bought by
Citibank N A

Purchase Details

Closed on
Apr 8, 2005
Sold by
Diaz Rene O
Bought by
Gomez Fred

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
7.8%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 29, 2003
Sold by
Long Joyce R
Bought by
Diaz Rene O and Unit 618
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
Velasquez Francisco N $130,000 Kensington Realty Title Llc
Mathieson Serena $108,000 Westcor Land Title Ins Co
Citibank N A $141,000 --
Gomez Fred $130,000 --
Diaz Rene O $57,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velasquez Francisco N $117,000
Closed Velasquez Francisco N $7,500
Previous Owner Mathieson Serena $97,200
Previous Owner Gomez Fred $117,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/24/2021 03/24/21 Sold $130,000 0.0% $139 / Sq Ft
02/16/2021 02/16/21 Pending -- -- --
02/16/2021 02/16/21 Price Changed $130,000 +0.1% $139 / Sq Ft
02/09/2021 02/09/21 Price Changed $129,900 -5.8% $139 / Sq Ft
02/04/2021 02/04/21 For Sale $137,900 +27.7% $148 / Sq Ft
06/18/2020 06/18/20 Sold $108,000 -1.8% $116 / Sq Ft View Prior Sale
01/20/2020 01/20/20 Price Changed $109,990 -7.4% $118 / Sq Ft
12/20/2019 12/20/19 For Sale $118,800 -- $127 / 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 $1,972 $152,033 -- --
2024 $1,972 $131,200 $39,300 $91,900
2023 $1,778 $118,133 $0 $0
2022 $1,584 $105,067 $0 $0
2021 $1,390 $92,000 $27,600 $64,400
2020 $1,192 $78,667 $0 $0
2019 $936 $65,333 $0 $0
2018 $795 $52,000 $15,000 $37,000
2017 $677 $48,000 $0 $0
2016 -- $44,000 $0 $0
2015 $687 $40,000 $0 $0
2014 $687 $40,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Iheanyichukwu Okeke

    Seller's Agent in 2021

    Iheanyichukwu Okeke

    Samson Properties

    (443) 825-0023

    1 in this area

    93 Total Sales

    Iheanyichukwu Okeke
    Section Image
  • Claudia Palacios

    Buyer's Agent in 2021

    Claudia Palacios

    Smart Realty, LLC

    (301) 445-1395

    6 in this area

    170 Total Sales

    Claudia Palacios
    Section Image

  • Y

    Seller's Agent in 2020

    Yi Zhang

    Libra Realty, LLC

    (240) 535-2929

    15 Total Sales

    Yi Zhang
    Section Image
  • Jessica Santizo

    Buyer's Agent in 2020

    Jessica Santizo

    Samson Properties

    (240) 381-4804

    3 in this area

    90 Total Sales

    Jessica Santizo
    Section Image
See All Agents

About Presidential Towers

Map

Source: Bright MLS

MLS Number: MDPG595878

Bright MLS

APN: 17-1938703

Maryland Prince George's County Adelphi 20783

1836 Metzerott Rd Unit 618, Adelphi, MD

Not Listed for Sale

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