NOT LISTED FOR SALE

2012 Palmer Park Rd Landover, MD 20785

Greater Landover Neighborhood

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

3 Beds
2.5 Baths
-- Sq Ft
4,320 Sq Ft Lot

Last Sold October 19, 2020

Last sale price $330,000

Est. 23% increase in value since last sale

Current estimated payment $2,565/month

Highlights

  • New Construction
  • Colonial Architecture
  • Space For Rooms
  • Open Floorplan
  • Bamboo Flooring
  • No HOA

About This Home

As of October 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. 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: 08/06/2020

Co-Listed By

Andrew Cerrito

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

Last Buyer's Agent

Sumner Shaw

(202) 528-4927 sumnershaw@gmail.com Bennett Realty Solutions

Bennett Realty Solutions

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $345

Lot Details

  • 4,320 Sq Ft Lot
  • Property is in excellent condition

Home Design

  • New Construction
  • Colonial Architecture
  • Shingle Roof

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Recessed Lighting
  • Double Pane Windows
  • Insulated Doors

Kitchen

  • Eat-In Country Kitchen
  • Butlers Pantry
  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Bamboo
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom

Laundry

  • Laundry on upper level
  • Stacked Washer and Dryer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Interior Basement Entry
  • Sump Pump
  • Space For Rooms
  • Rough-In Basement Bathroom
  • Basement Windows

Parking

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

Eco-Friendly Details

  • Energy-Efficient Windows
  • ENERGY STAR Qualified Equipment

Utilities

  • Central Air
  • Heat Pump System
  • 200+ Amp Service
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Palmer Park Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 4
  • Assessor Parcel Number 17131536796

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$345

Lot Details

0

Listing Details

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

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer/Dryer Stacked
  • Flooring Type: Carpet, Bamboo, Laminated
  • Interior Amenities: Butlers Pantry, Carpet, Combination Kitchen/Dining, Combination Kitchen/Living, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Country, Primary Bath(s), Recessed Lighting
  • Window Features: Energy Efficient, Double Pane
  • Fireplace: No
  • Door Features: Insulated
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Connecting Stairway, Daylight, Partial, Full, Interior Access, Rough Bath Plumb, Space For Rooms, Sump Pump, Unfinished, Windows
  • Basement Footprint Percent: 100.00
  • Laundry Type: Dryer In Unit, Upper Floor, Washer In Unit
  • 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 Completed: No
  • Roof: 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, Heat Pump(s)
  • Electric Service: 200+ Amp Service
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • 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

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Land Assessed Value: 21000.00
  • Lot Size Acres: 0.10
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4320.00
  • Property Condition: Excellent
  • Zoning: R20
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 14583590
  • Tax Annual Amount: 345.00
  • Assessor Parcel Number: 17131536796
  • Tax Lot: 4
  • 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
Aug 6, 2020
Closed on
Oct 9, 2020
Sold by
Housing Initiative Partnership Inc
Bought by
Vance Erna
Seller's Agent
Michael Cerrito
Cerrito Realty, LLC
Buyer's Agent
Sumner Shaw
Bennett Realty Solutions
List Price
$330,000
Sold Price
$330,000
Current Estimated Value
$406,939

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,939
Avg. Annual Appreciation
4.25%
Original Mortgage
$261,700
Interest Rate
2.9%
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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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
Vance Erna $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 Vance Erna $261,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/19/2020 10/19/20 Sold $330,000 0.0% --
08/06/2020 08/06/20 Pending -- -- --
08/06/2020 08/06/20 For Sale $330,000 -- --
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 $4,792 $321,100 $45,000 $276,100
2022 $4,755 $318,633 $0 $0
2021 $4,719 $316,167 $0 $0
2020 $345 $21,000 $21,000 $0
2019 $345 $21,000 $21,000 $0
2018 $345 $21,000 $21,000 $0
2017 $345 $21,000 $0 $0
2016 -- $21,000 $0 $0
2015 -- $21,000 $0 $0
2014 -- $21,000 $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

  • S

    Buyer's Agent in 2020

    Sumner Shaw

    Bennett Realty Solutions

    (202) 528-4927

    Sumner Shaw
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDPG576630

Bright MLS

APN: 13-1536796

Maryland Prince George's County Landover 20785 Greater Landover

2012 Palmer Park Rd, Landover, MD

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