NOT LISTED FOR SALE

2040 Alice Ave Unit 101 Oxon Hill, MD 20745

Estimated Value: $215,000 - $228,000

2 Beds
2 Baths
929 Sq Ft
$266/mo HOA Fee

Last Sold May 27, 2020

Last sale price $175,000 $188 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,685/month

28 Days on Market

About This Home

As of May 2020

Great Investment Opportunity for investors with excellent cash flow, sold as rented property with tenant in place. The property is currently tenant occupied, seller owns other properties which could be sold together as a package or separately. Please see documents for the complete list of properties. Showing is not available at this time, seller is might arrange open house or virtual tour, offers are presented as they are received and could be ratified before open house. Pictures from when the property was vacant. Rented for $1800/month, renovated in 2019.

Last Agent to Sell the Property

Sandeep Kumar

Quick Sell Realty LLC Listed on: 04/01/2020

Last Buyer's Agent

Jarriel Jordan

The Home Team Realty Group, LLC License #SP40003625

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,101

Year Built

  • Built in 1991

Lot Details

  • 2,091

HOA Fees

  • $266 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 929 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • Association fees include common area maintenance
  • Low-Rise Condominium
  • Rosecroft Common Community
  • Rosecroft Commons Subdivision

Listing and Financial Details

  • Assessor Parcel Number 17121330943

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,101

Year Built

Built in 1991

Lot Details

0

HOA Fees

$266 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1991
  • Remarks Public: Great Investment Opportunity for investors with excellent cash flow, sold as rented property with tenant in place. The property is currently tenant occupied, seller owns other properties which could be sold together as a package or separately. Please see documents for the complete list of properties. Showing is not available at this time, seller is might arrange open house or virtual tour, offers are presented as they are received and could be ratified before open house. Pictures from when the property was vacant. Rented for $1800/month, renovated in 2019.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 929
  • Living Area Sq Ft: 929
  • Price Per Sq Ft: 193.76
  • Above Grade Finished Sq Ft: 929
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2040

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, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Refuse: 66.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 266.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance
  • HOA: No
  • Senior Community: No

Schools

  • School District: PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
  • School District Key: 121137599599
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 56000.00
  • Land Assessed Value: 24000.00
  • Land Use Code: 011
  • Year Assessed: 2020
  • Zoning: RM
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14568540
  • Tax Annual Amount: 1101.00
  • Assessor Parcel Number: 17121330943
  • Tax Total Finished Sq Ft: 929
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 05/27/2020

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2020
Closed on
May 27, 2020
Sold by
Sigma Housing Llc
Bought by
Ozery Maya Y
Seller's Agent
Sandeep Kumar
Quick Sell Realty LLC
Buyer's Agent
Jarriel Jordan
The Home Team Realty Group, LLC
List Price
$180,000
Sold Price
$175,000
Premium/Discount to List
-$5,000
-2.78%
Current Estimated Value
$221,185

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,185
Avg. Annual Appreciation
4.75%
Original Mortgage
$140,000
Outstanding Balance
$124,373
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$98,914

Purchase Details

Listed on
Oct 18, 2019
Closed on
Nov 19, 2019
Sold by
U S Bank Na
Bought by
Sigma Housing Llc
Seller's Agent
Victor Watson
Maryland Equity Solutions Inc
Buyer's Agent
Sreedhar Maram
Maram Realty, LLC
List Price
$99,700
Sold Price
$106,100
Premium/Discount to List
$6,400
6.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
183.63%
Original Mortgage
$106,100
Interest Rate
3.7%
Mortgage Type
Balloon

Purchase Details

Closed on
Apr 12, 2019
Sold by
Johnson Dionne T and Johnson Wesley A
Bought by
Us Bank Na and Jp Morgan Mortgage Acquisition Corp

Purchase Details

Closed on
Dec 22, 2005
Sold by
Thomas Glorietta
Bought by
Johnson Wesley A and Unit 101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,400
Interest Rate
6.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 2005
Sold by
Thomas Glorietta
Bought by
Johnson Wesley A and Unit 101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,400
Interest Rate
6.14%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Ozery Maya Y $175,000 Pride Setmnt & Escrow Llc
Sigma Housing Llc $106,100 None Available
Sigma Housing Llc $106,100 Accommodation
Us Bank Na $76,000 None Available
Johnson Wesley A $162,000 --
Johnson Wesley A $162,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ozery Maya Y $140,000
Previous Owner Sigma Housing Llc $106,100
Previous Owner Johnson Wesley A $32,400
Previous Owner Johnson Wesley A $129,600
Previous Owner Johnson Wesley A $129,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2020 05/27/20 Sold $175,000 -2.8% $188 / Sq Ft
04/29/2020 04/29/20 Pending -- -- --
04/01/2020 04/01/20 For Sale $180,000 +69.7% $194 / Sq Ft
12/02/2019 12/02/19 Sold $106,100 +6.4% $114 / Sq Ft
11/01/2019 11/01/19 Pending -- -- --
10/18/2019 10/18/19 For Sale $99,700 -- $107 / 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
2024 $2,566 $166,200 $49,800 $116,400
2023 $2,138 $137,467 $0 $0
2022 $2,354 $108,733 $0 $0
2021 $1,284 $80,000 $24,000 $56,000
2020 $1,255 $78,000 $0 $0
2019 $1,088 $76,000 $0 $0
2018 $1,195 $74,000 $15,000 $59,000
2017 $1,007 $67,667 $0 $0
2016 -- $61,333 $0 $0
2015 $1,987 $55,000 $0 $0
2014 $1,987 $55,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDPG564346

Bright MLS

APN: 12-1330943