NOT LISTED FOR SALE

Presidential Towers 1836 Metzerott Rd Unit 720 Adelphi, MD 20783

Estimated Value: $139,000 - $171,000

2 Beds
2 Baths
1,111 Sq Ft
$698/mo HOA Fee

Last Sold April 25, 2016

Last sale price $65,500 $59 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $1,678/month

35 Days on Market

Highlights

  • Concierge
  • Traditional Architecture
  • Elevator
  • Traditional Floor Plan
  • Community Pool
  • Living Room

About This Home

As of April 2016

This open and sun-filled condo unit is located on the 7th floor and offers 2 spacious bedrooms, kitchen with tablespace, large living room with balcony with tree-lined view. All utilities included in condo fee. THIS IS A FANNIE MAE HOMEPATH PROPERTY. First Time Buyers, complete the HomePath Ready Buyer homeownership course and request up to 3% closing cost assistance (restrictions apply).

Last Agent to Sell the Property

Sonya Abney

(301) 335-8380 sabney@cpreb.com Cosmopolitan Properties Real Estate Brokerage Listed on: 03/04/2016

Last Buyer's Agent

M. Fawaz Smadi

(202) 390-9666 fawazz@aol.com Cosmopolitan Properties Real Estate Brokerage

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $706

Year Built

  • Built in 1971

Lot Details

  • 1,002

HOA Fees

  • $698 Monthly HOA Fees

Parking

  • 1 Assigned Parking Space

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,111 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Schools

  • Adelphi Elementary School
  • High Point

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 17171938901

Community Details

Overview

  • Association fees include exterior building maintenance, insurance, management
  • High-Rise Condominium
  • Presidential Tow Community
  • Presidential Towers Subdivision
  • The community has rules related to parking rules

Amenities

  • Concierge
  • Common Area
  • Laundry Facilities
  • Elevator

Recreation

Property Details

Home Type

Condominium

Est. Annual Taxes

$706

Year Built

Built in 1971

Lot Details

0

HOA Fees

$698 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Traditional
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1971
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Dining Area, Floor Plan - Traditional
  • Fireplace: No
  • Entry Location: Floors 6-10
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom
  • Basement: No
  • Laundry Type: Common
  • Living Area Units: Square Feet
  • Total Sq Ft: 1111
  • Living Area Sq Ft: 1111
  • Price Per Sq Ft: 67.06
  • Above Grade Finished Sq Ft: 1111
  • 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
  • Construction Materials: Brick
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: 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: 698.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Elevator, Swimming Pool, Common Grounds, Concierge
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Insurance, Management
  • HOA Condo Co-Op Rules: Parking
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School: ADELPHI
  • High School: HIGH POINT

Lot Info

  • Improvement Assessed Value: 58000.00
  • Land Assessed Value: 15000.00
  • Property Attached Yn: Yes
  • Zoning: RH

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14613144
  • Tax Annual Amount: 706.23
  • Assessor Parcel Number: 17171938901
  • Tax Page Number: 380
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2016
Closed on
Apr 22, 2016
Sold by
Fannie Mae
Bought by
Wolde Fikirte
Seller's Agent
Sonya Abney
Cosmopolitan Properties Real Estate Brokerage
Buyer's Agent
M. Fawaz Smadi
Cosmopolitan Properties Real Estate Brokerage
List Price
$74,500
Sold Price
$65,500
Premium/Discount to List
-$9,000
-12.08%
Current Estimated Value
$158,697

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,197
Avg. Annual Appreciation
9.64%

Purchase Details

Closed on
Mar 1, 2007
Sold by
Thompson Alfred and Thompson Cecilia Coke
Bought by
Coker Cecilia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
11.25%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 21, 2006
Sold by
Thompson Alfred and Thompson Cecilia Coke
Bought by
Coker Cecilia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
11.25%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 28, 2000
Sold by
Secretary Of H U D
Bought by
Thompson Alfred and Unit 720

Purchase Details

Closed on
May 4, 1999
Sold by
Claros Jesus and Claros Ana J
Bought by
Secretary Of H U D and Union Center Plaza Phase Ii
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
Wolde Fikirte $65,500 Old Republic Title Ins Co
Coker Cecilia -- --
Coker Cecilia -- --
Thompson Alfred $27,000 --
Secretary Of H U D $63,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Coker Cecilia $85,500
Previous Owner Coker Cecilia $85,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/25/2016 04/25/16 Sold $65,500 -12.1% $59 / Sq Ft
04/08/2016 04/08/16 Pending -- -- --
03/04/2016 03/04/16 For Sale $74,500 -- $67 / 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 $124,000 -- --
2024 $1,732 $115,000 $34,500 $80,500
2023 $1,667 $110,667 $0 $0
2022 $1,182 $106,333 $0 $0
2021 $3,141 $102,000 $30,600 $71,400
2020 $2,789 $92,333 $0 $0
2019 $1,184 $82,667 $0 $0
2018 $1,041 $73,000 $15,000 $58,000
2017 $840 $64,000 $0 $0
2016 -- $55,000 $0 $0
2015 $1,392 $46,000 $0 $0
2014 $1,392 $46,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sonya Abney

    Seller's Agent in 2016

    Sonya Abney

    Cosmopolitan Properties Real Estate Brokerage

    (301) 335-8380

    40 Total Sales

    Sonya Abney
    Section Image
  • M. Fawaz Smadi

    Buyer's Agent in 2016

    M. Fawaz Smadi

    Cosmopolitan Properties Real Estate Brokerage

    (202) 390-9666

    M. Fawaz Smadi
    Section Image
See All Agents

About Presidential Towers

Map

Source: Bright MLS

MLS Number: 1001065945

Bright MLS

APN: 17-1938901

Maryland Prince George's County Adelphi 20783

1836 Metzerott Rd Unit 720, Adelphi, MD

Not Listed for Sale

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