NOT LISTED FOR SALE

2002 Palmer Park Rd Hyattsville, MD 20785

Greater Landover Neighborhood

Estimated Value: $337,000 - $487,000

3 Beds
2.5 Baths
1,435 Sq Ft
$284/Sq Ft Est. Value

Last Sold November 03, 2020

Last sale price $330,000 $230 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,568/month

Highlights

  • New Construction
  • Colonial Architecture
  • No HOA
  • Open Floorplan
  • Wood Flooring
  • Upgraded Countertops

About This Home

As of November 2020

Brand new gorgeous 3 bedroom, 2.5 bathroom end-unit townhouse. Beautiful finishes including engineered bamboo wood flooring, granite countertops, and stainless steel appliances. This spacious home includes an open living area that connects to the beautiful kitchen with a walk-in pantry. Upstairs, the three spacious bedrooms include a large master bedroom with full master bath and walk-in closet. The basement is unfinished, but already has rough-ins for a full bathroom, making the possibilities endless. The back yard will be fenced in with privacy fencing prior to settlement. This left end unit is ONE OF TWO LEFT END UNITS AVAILABLE. 2014 Palmer Park Rd is also available for the same price and will have the same/similar finishes and features. These homes are Net Zero Energy Ready, and offer many energy efficient features, including energy efficient appliances, insulated windows and doors, and high-efficiency HVAC and water heating systems. Utility costs at these homes will be very low. Buyer(s) of this home must be first-time home-buyers at or below 80% of the median area income and must complete HIP's homebuyer education program and one-on-one counseling with a HUD-certified counselor. Buyer(s) must qualify for a $265,000 CONVENTIONAL mortgage loan. The seller, Housing Initiative Partnership, will provide a $65,000 2nd deed of trust to cover the difference between the contract price and the mortgage loan amount. The 2nd deed of trust has 0% interest, and no monthly payments and is 100% forgivable after living in the property for 15 years.

Last Agent to Sell the Property

Michael Cerrito

(301) 908-1039 cerritorealty@verizon.net Cerrito Realty, LLC License #93119 Listed on: 07/27/2020

Co-Listed By

Andrew Cerrito

(301) 938-1592 andrewcerrito@cerritorealty.com Cerrito Realty, LLC License #676255

Last Buyer's Agent

Keri Shull

(703) 947-0991 accounts@kerishullteam.com EXP Realty, LLC License #618083

EXP Realty, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $553

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 4,320 Sq Ft Lot
  • Picket Fence
  • Privacy Fence
  • Vinyl Fence
  • Back Yard Fenced
  • Decorative Fence
  • Landscaped
  • Property is in excellent condition

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Recessed Lighting
  • Insulated Windows
  • Window Screens
  • Insulated Doors
  • Living Room
  • Combination Kitchen and Dining Room

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Unfinished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Interior Basement Entry
  • Rough-In Basement Bathroom
  • Basement Windows

Home Security

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces
  • On-Street Parking
  • Off-Street Parking

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Windows
  • Energy-Efficient Exposure or Shade
  • Energy-Efficient HVAC
  • Energy-Efficient Lighting
  • ENERGY STAR Qualified Equipment

Outdoor Features

  • Porch

Schools

  • William Paca Elementary School
  • Kenmoor Middle School
  • Charles Herbert Flowers High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • 200+ Amp Service
  • Electric Water Heater

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 9
  • Assessor Parcel Number 17131536846

Community Details

Overview

  • No Home Owners Association
  • Palmer Park Subdivision

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$553

Year Built

Built in 2020 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: Yes
  • New Construction: Yes
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2020
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: 4098
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Oven/Range - Electric, Refrigerator, Washer, Dryer
  • Flooring Type: Laminated, Carpet
  • Interior Amenities: Carpet, Combination Kitchen/Dining, Dining Area, Floor Plan - Open, Pantry, Recessed Lighting, Upgraded Countertops, Walk-In Closet(s), Wood Floors
  • Window Features: Energy Efficient, Insulated, Screens
  • Fireplace: No
  • Door Features: Insulated
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Basement, Primary Bathroom, Full Bath
  • Basement: Yes
  • Basement Type: Full, Heated, Rough Bath Plumb, Unfinished, Windows, Interior Access, Connecting Stairway
  • Basement Footprint Percent: 100.00
  • Laundry Type: Upper Floor, Washer In Unit, Dryer In Unit
  • Total Sq Ft: 2106
  • Living Area Sq Ft: 1435
  • Price Per Sq Ft: 229.97
  • Above Grade Finished Sq Ft: 1435
  • Above Grade Unfinished Sq Ft: 671
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Construction Completed: Yes
  • Roof: Asphalt, Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Concrete Driveway
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Off Street, On Street
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Energy Star Cooling System
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s), Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector, Carbon Monoxide Detector(s), Sprinkler System - Indoor
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: Listing Agent
  • School District Source: 3rd Party
  • Elementary School: WILLIAM PACA
  • High School: CHARLES HERBERT FLOWERS
  • Middle Or Junior School: KENMOOR

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Fencing: Rear, Privacy, Decorative, Picket, Vinyl
  • Land Assessed Value: 35000.00
  • Lot Features: Landscaping
  • Lot Size Acres: 0.10
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4320.00
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Excellent
  • Zoning: R20
  • In City Limits: No

Green Features

  • Efficiency: Hvac, Appliances, Exposure/Shade, Lighting
  • Clean Green Assessed: No
  • Green Water Conservation: Efficient Hot Water Distribution, Low-Flow Fixtures, Water Recycling, Water-Smart Landscaping
  • Green Remarks: Home is built with many energy efficient features and is a Zero Energy Ready Home.

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 14583592
  • Tax Annual Amount: 553.00
  • Assessor Parcel Number: 17131536846
  • Tax Lot: 9
  • Tax Page Number: 228
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2020
Closed on
Nov 2, 2020
Sold by
Housing Initiative Partnership Inc
Bought by
Braxton Courtney
Seller's Agent
Michael Cerrito
Cerrito Realty, LLC
Buyer's Agent
Keri Shull
EXP Realty, LLC
List Price
$330,000
Sold Price
$330,000
Current Estimated Value
$407,437

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,437
Avg. Annual Appreciation
4.32%
Original Mortgage
$258,000
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2016
Sold by
Housing Authority Of Prince Georges Coun
Bought by
Housing Initiative Partnership
Source: Public Records

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 Buyer Sale Price Title Company
Braxton Courtney $330,000 Milestone Title Llc
Housing Initiative Partnership $135,000 Milestone Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Braxton Courtney $258,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/03/2020 11/03/20 Sold $330,000 0.0% $230 / Sq Ft
08/04/2020 08/04/20 Pending -- -- --
07/27/2020 07/27/20 For Sale $330,000 -- $230 / 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 $5,215 $329,967 -- --
2024 $5,215 $325,533 $0 $0
2023 $5,148 $321,100 $45,000 $276,100
2022 $5,112 $318,633 $0 $0
2021 $5,075 $316,167 $0 $0
2020 $553 $35,000 $35,000 $0
2019 $553 $35,000 $35,000 $0
2018 $553 $35,000 $35,000 $0
2017 $553 $35,000 $0 $0
2016 -- $35,000 $0 $0
2015 -- $35,000 $0 $0
2014 -- $35,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Cerrito

    Seller's Agent in 2020

    Michael Cerrito

    Cerrito Realty, LLC

    (301) 908-1039

    22 in this area

    77 Total Sales

    Michael Cerrito
    Section Image
  • Andrew Cerrito

    Seller Co-Listing Agent in 2020

    Andrew Cerrito

    Cerrito Realty, LLC

    (301) 938-1592

    20 in this area

    86 Total Sales

    Andrew Cerrito
    Section Image
  • Keri Shull

    Buyer's Agent in 2020

    Keri Shull

    EXP Realty, LLC

    (703) 947-0991

    4 in this area

    2,439 Total Sales

    Keri Shull
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDPG574838

Bright MLS

APN: 13-1536846

Maryland Prince George's County Hyattsville 20785 Greater Landover

2002 Palmer Park Rd, Hyattsville, MD

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