NOT LISTED FOR SALE

2701 Falling Brook Terrace Adelphi, MD 20783

Estimated Value: $611,000 - $718,000

5 Beds
2.5 Baths
2,612 Sq Ft
$254/Sq Ft Est. Value

Last Sold February 25, 2016

Last sale price $375,000 $144 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $4,222/month

83 Days on Market

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • Breakfast Area or Nook
  • Wood Flooring
  • Open Floorplan
  • Cooling System Utilizes Natural Gas

About This Home

As of February 2016

Beautiful 5 BR 3 Full Bath Colonial Mahogany Hard wood Floor Master BR has Jacuzzi & Shower Walk in Closet Plus 3 BR Full Bath close to University of Maryland Millennium Title will do Settlement

Last Agent to Sell the Property

Emmanuel Woldu

(301) 793-1216 emman_wol@verizon.net Fairfax Realty Premier Listed on: 10/22/2015

Fairfax Realty Premier

Last Buyer's Agent

Josh Velez

(571) 378-1346 josh@soldbyjvelez.com Samson Properties

Samson Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,826

Year Built

  • Built in 1992

Lot Details

  • 0.46 Acre Lot
  • Property is zoned RR

HOA Fees

  • $15 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Aluminum Siding

Interior Spaces

  • Property has 3 Levels
  • Ceiling Fan
  • 1 Fireplace
  • Screen For Fireplace
  • Window Treatments
  • Entrance Foyer
  • Family Room
  • Open Floorplan
  • Living Room
  • Dining Area
  • Library
  • Utility Room
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Range Hood
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Bathroom
  • 2.5 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Front, Rear, and Side Basement Entry
  • Sump Pump
  • Basement Windows

Parking

  • Garage
  • Front Facing Garage
  • Garage Door Opener
  • On-Street Parking

Utilities

  • Cooling System Utilizes Natural Gas
  • 90% Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Hot Water Heating System
  • Natural Gas Water Heater

Community Details

  • White Oak Manor Subdivision

Listing and Financial Details

  • Tax Lot 50
  • Assessor Parcel Number 17212344661

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,826

Year Built

Built in 1992

Lot Details

0

HOA Fees

$15 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1992
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Freezer, Icemaker, Microwave, Oven/Range - Electric, Range Hood, Refrigerator, Washer
  • Interior Amenities: Breakfast Area, Combination Kitchen/Dining, Combination Kitchen/Living, Dining Area, Primary Bath(s), Window Treatments, Wood Floors
  • Fireplace Features: Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3+
  • Room List: Living Room, Primary Bedroom, Bedroom 4, Bedroom 5, Family Room, Library, Foyer, Bedroom 1, Laundry, Utility Room
  • Basement: Yes
  • Basement Type: Connecting Stairway, Front Entrance, Outside Entrance, Side Entrance, Sump Pump, Full, Fully Finished, Heated, Improved, Rear Entrance, Walkout Level, Windows
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Construction Materials: Brick, Aluminum Siding
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Garage Features: Garage Door Opener, Garage - Front Entry
  • Type Of Parking: On Street

Utilities

  • Refuse: 356.32
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric, Natural Gas
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Cooling: Yes
  • Heating Fuel: Electric, Natural Gas
  • Heating Type: 90% Forced Air, Central, Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 45.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 196400.00
  • Land Assessed Value: 101600.00
  • Lot Size Acres: 0.46
  • Lot Size Area: 20000
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 20000.00
  • Property Attached Yn: No
  • Zoning: RR

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14643085
  • Tax Annual Amount: 4826.08
  • Assessor Parcel Number: 17212344661
  • Tax Lot: 50
  • Tax Page Number: 133
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2015
Closed on
Feb 25, 2016
Sold by
Tekle Tsegga
Bought by
Melgar Jose Santos A Guerra and Perez Monica M Leiva
Seller's Agent
Emmanuel Woldu
Fairfax Realty Premier
Buyer's Agent
Josh Velez
Samson Properties
List Price
$399,999
Sold Price
$375,000
Premium/Discount to List
-$24,999
-6.25%
Current Estimated Value
$663,643

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$288,643
Avg. Annual Appreciation
5.96%
Original Mortgage
$356,250
Outstanding Balance
$282,512
Interest Rate
3.79%
Mortgage Type
New Conventional
Estimated Equity
$381,131

Purchase Details

Closed on
Sep 28, 2015
Sold by
Tekle Isaias and Tekle Tsegga
Bought by
Tekle Tsegga and Tecle Tsegga

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 2, 1997
Sold by
Lane Gary F
Bought by
Tekle Isaias and Tekle Tsegga

Purchase Details

Closed on
Jan 9, 1992
Sold by
Pulte Home Corp
Bought by
Lane Gary F and Lane Mary S
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
Melgar Jose Santos A Guerra $375,000 First Solutions Title Llc
Tekle Tsegga -- Millennium Title & Abstract
Tekle Isaias $216,500 --
Lane Gary F $236,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Melgar Jose Santos A Guerra $356,250
Previous Owner Tekle Tsegga $101,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/25/2016 02/25/16 Sold $375,000 -6.2% $144 / Sq Ft
01/13/2016 01/13/16 Pending -- -- --
10/22/2015 10/22/15 For Sale $399,999 -- $153 / 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 $8,888 $599,700 -- --
2024 $8,888 $571,300 $128,200 $443,100
2023 $8,179 $523,667 $0 $0
2022 $7,472 $476,033 $0 $0
2021 $6,764 $428,400 $126,600 $301,800
2020 $6,542 $413,467 $0 $0
2019 $6,320 $398,533 $0 $0
2018 $6,098 $383,600 $101,600 $282,000
2017 $5,674 $355,067 $0 $0
2016 -- $326,533 $0 $0
2015 $5,711 $298,000 $0 $0
2014 $5,711 $298,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2016

    Emmanuel Woldu

    Fairfax Realty Premier

    (301) 793-1216

    3 in this area

    21 Total Sales

    Emmanuel Woldu
    Section Image
  • Josh Velez

    Buyer's Agent in 2016

    Josh Velez

    Samson Properties

    (571) 378-1346

    1 in this area

    38 Total Sales

    Josh Velez
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1001057767

Bright MLS

APN: 21-2344661

Maryland Prince George's County Adelphi 20783

2701 Falling Brook Terrace, Adelphi, MD

Not Listed for Sale

Detached

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