NOT LISTED FOR SALE

Presidential Towers 1836 Metzerott Rd Unit 911 Adelphi, MD 20783

Estimated Value: $145,854 - $172,000

2 Beds
1 Bath
864 Sq Ft
$490/mo HOA Fee

Last Sold June 03, 2022

Last sale price $145,000 $168 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,437/month

49 Days on Market

Highlights

  • Concierge
  • Gourmet Kitchen
  • Traditional Floor Plan
  • Fitness Center
  • Contemporary Architecture
  • Main Floor Bedroom

About This Home

As of June 2022

Looking for a stunning condo with a terrific view for under $150k? YOU FOUND IT. Newly renovated from top to bottom--literally everything is new with over $40k invested by the seller. All new kitchen with stainless appliances/vent hood, gorgeous Brown Fantasy granite, new extended cabinetry with wine rack and pantry. New luxury vinyl plank flooring. Large primary bedroom with huge walk-in closet and new carpet. Amazing fully renovated bathroom with double vanity, new marble tile floor, quartz countertop, lighted faucets (!) and brand new soaking tub. Former dining room enclosed as 2nd bedroom with floor to ceiling windows and sliding door to balcony. 2 parking passes. Building has outdoor pool, concierge and workout room. *INVESTOR ALERT* Similar units in the building renting for $1500-$1600/month with $1000/month positive cash flow based on current condo fee + taxes. Purchase must be CASH OR CONVENTIONAL ONLY.

Last Agent to Sell the Property

John Young

(301) 732-5867 john@metrodcforsale.com RE/MAX Excellence Realty Listed on: 02/24/2022

Last Buyer's Agent

Gaelle Elame

(240) 706-6193 gelamerealtor@gmail.com Douglas Realty, LLC License #5005800

Douglas Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,307

Year Built

  • Built in 1971

Lot Details

  • Two or More Common Walls
  • Property is in excellent condition

HOA Fees

  • $490 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 9th floor
  • Brick Exterior Construction

Interior Spaces

  • 864 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • Recessed Lighting
  • Sliding Windows
  • Sliding Doors
  • Six Panel Doors
  • Entrance Foyer
  • Living Room
  • Utility Room

Kitchen

  • Gourmet Kitchen
  • Gas Oven or Range
  • Range Hood
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Flooring

  • Carpet
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • 1 Full Bathroom
  • Bathtub with Shower

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Handicap Parking
  • Lighted Parking
  • Parking Lot
  • Unassigned Parking

Accessible Home Design

  • Accessible Elevator Installed
  • Halls are 36 inches wide or more
  • Ramp on the main level

Utilities

  • Central Air
  • Summer or Winter Changeover Switch For Heating
  • Natural Gas Water Heater

Additional Features

  • Energy-Efficient Appliances

Listing and Financial Details

  • Assessor Parcel Number 17171934363

Community Details

Overview

  • Association fees include air conditioning, common area maintenance, electricity, exterior building maintenance, gas, heat, management, pool(s), sewer, snow removal, trash, water
  • 500 Units
  • High-Rise Condominium
  • The Presidential Towers Condominium Condos, Phone Number (301) 439-6200
  • Presidential Tow Community
  • Presidential Towers Subdivision
  • Property Manager

Amenities

  • Concierge
  • Common Area
  • Party Room
  • Laundry Facilities
  • 3 Elevators

Recreation

  • Community Basketball Court
  • Community Playground

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

$490 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Contemporary
  • Accessibility Features: Elevator, 36"+ Wide Halls, Ramp - Main Level
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1971
  • Automatically Close On Close Date: No
  • Special Assessment Payment: Annually
  • Washer Dryer Hookups YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Energy Efficient Appliances, Oven/Range - Gas, Range Hood, Refrigerator, Stainless Steel Appliances
  • Entry Floor: 9
  • Flooring Type: Luxury Vinyl Plank, Carpet
  • Interior Amenities: Carpet, Entry Level Bedroom, Floor Plan - Traditional, Kitchen - Gourmet, Primary Bath(s), Recessed Lighting, Tub Shower, Upgraded Countertops, Walk-In Closet(s)
  • Window Features: Sliding
  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Door Features: Six Panel, Sliding Glass
  • Elevators Count: 3
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 1
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Kitchen, Foyer, Utility Room, Full Bath
  • Basement: No
  • Laundry Type: Common
  • Total Sq Ft: 864
  • Living Area Sq Ft: 864
  • Price Per Sq Ft: 167.82
  • Above Grade Finished Sq Ft: 864
  • 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: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Handicap Parking, Lighted Parking, Unassigned
  • 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: Natural Gas
  • Heating Type: Summer/Winter Changeover
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Internet Services: Cable

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 490.21
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: The Presidential Towers Condominium
  • Condo Co-Op Phone: 301-439-6200
  • HOA Condo Co-Op Amenities: Basketball Courts, Common Grounds, Concierge, Elevator, Laundry Facilities, Party Room, Pool - Outdoor, Tennis Courts, Tot Lots/Playground, Exercise Room
  • HOA Condo Co-Op Fee Includes: Air Conditioning, Common Area Maintenance, Electricity, Ext Bldg Maint, Gas, Heat, Management, Pool(s), Sewer, Snow Removal, Trash, Water
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • 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
  • Outdoor Living Structures: Balcony
  • Property Condition: Excellent
  • Zoning: RH
  • In City Limits: No

Rental Info

  • Lease Considered: No
  • Pets Allowed: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 14612815
  • Tax Annual Amount: 1307.00
  • Assessor Parcel Number: 17171934363
  • Tax Page Number: 141
  • 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
Feb 24, 2022
Closed on
Jun 3, 2022
Sold by
Guohong Cui
Bought by
Adeleke Kafilat Olajumoke
Seller's Agent
John Young
RE/MAX Excellence Realty
Buyer's Agent
Gaelle Elame
Douglas Realty, LLC
List Price
$145,000
Sold Price
$145,000
Current Estimated Value
$156,214

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,214
Avg. Annual Appreciation
2.07%
Original Mortgage
$113,600
Outstanding Balance
$107,672
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$48,542

Purchase Details

Closed on
Apr 8, 2002
Sold by
Nussbaum Edward D
Bought by
Thomas Emily and Unit 911
Source: Public Records
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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
Adeleke Kafilat Olajumoke $145,000 First American Title
Thomas Emily $49,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adeleke Kafilat Olajumoke $113,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2022 06/03/22 Sold $145,000 0.0% $168 / Sq Ft
05/11/2022 05/11/22 For Sale $145,000 0.0% $168 / Sq Ft
04/14/2022 04/14/22 Pending -- -- --
04/04/2022 04/04/22 Price Changed $145,000 -3.3% $168 / Sq Ft
03/17/2022 03/17/22 For Sale $149,900 +3.4% $173 / Sq Ft
03/16/2022 03/16/22 Off Market $145,000 -- --
02/24/2022 02/24/22 For Sale $149,900 -- $173 / 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 $118,667 -- --
2024 $1,651 $105,000 $31,500 $73,500
2023 $1,536 $97,333 $0 $0
2022 $1,422 $89,667 $0 $0
2020 $1,149 $71,333 $0 $0
2019 $869 $60,667 $0 $0
2018 $832 $50,000 $15,000 $35,000
2017 $694 $45,333 $0 $0
2016 -- $40,667 $0 $0
2015 $1,496 $36,000 $0 $0
2014 $1,496 $35,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDPG2032922

Bright MLS

APN: 17-1934363