NOT LISTED FOR SALE

2702 Cool Spring Rd Adelphi, MD 20783

Estimated Value: $68,000 - $76,000

0.51 Acre
$141,812 Price per Acre
22,216 Sq Ft Lot

Last Sold July 17, 2023

Last sale price $71,000

Est. 2% increase in value since last sale

Current estimated payment $502/month

90 Days on Market

About This Lot

As of July 2023

Unlock the door to your Dream Home in Adelphi! This amazing 0.48-acre lot is surrounded by beautiful tree-lined roads and is blocks away from UMD and the soon-to-be metro purple line. With the University of Maryland College Park just 2 minutes away, PG Plaza Metro Station 8 minutes away, and sewer, water, and electricity readily available, you'll love the ease and convenience of calling this tranquil the neighborhood your home. This is a fantastic opportunity for investment or personal use, priced to sell and ready for you to turn the key and make it your own. Don't miss out on this chance to own a piece of Adelphi, where beauty and convenience come together! Seller financing is possible.

Last Listed By

Theresa Shoptaw

Redfin Corp License #635927 Listed on: 03/23/2023

Redfin Corp

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,191

Lot Details

  • 0.51 Acre Lot
  • Property is zoned RR

Utilities

  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 17171924687

Property Details

Property Type

Land

Est. Annual Taxes

$1,191

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Vacant
  • Automatically Close On Close Date: No
  • Remarks Public: Unlock the door to your Dream Home in Adelphi! This amazing 0.48-acre lot is surrounded by beautiful tree-lined roads and is blocks away from UMD and the soon-to-be metro purple line. With the University of Maryland College Park just 2 minutes away, PG Plaza Metro Station 8 minutes away, and sewer, water, and electricity readily available, you'll love the ease and convenience of calling this tranquil the neighborhood your home. This is a fantastic opportunity for investment or personal use, priced to sell and ready for you to turn the key and make it your own. Don't miss out on this chance to own a piece of Adelphi, where beauty and convenience come together! Seller financing is possible.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 4.00
  • Street Number Modifier: 2702

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Hook/Up Avail
  • Water Source: Public Hook-Up Available

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Additional Parcels: No
  • Land Use Code: R
  • Lot Size Acres: 0.51
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 22000.00
  • Year Assessed: 2023
  • Zoning: RR
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1191.00
  • Assessor Parcel Number: 17171924687
  • Tax Lot: 2
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 07/17/2023

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2023
Closed on
Jul 18, 2023
Sold by
Vrg Prime Land Investment Llc
Bought by
Gebremariam Asrat and Gebreyese Geadion
Seller's Agent
Theresa Shoptaw
Redfin Corp
Buyer's Agent
Bessie Newell
Keller Williams Capital Properties
List Price
$88,000
Sold Price
$71,000
Premium/Discount to List
-$17,000
-19.32%
Total Days on Market
90
Views
178
Current Estimated Value
$72,324

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,324
Avg. Annual Appreciation
1.03%

Purchase Details

Closed on
Jan 26, 2023
Sold by
Blue Mountain Group Llc
Bought by
Vrg Prime Land Investment Llc

Purchase Details

Closed on
Feb 1, 1991
Sold by
Cohn Doug M
Bought by
Duncan William W and Duncan Shobha D

Range of Values:

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Average Value
Not Available
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
Gebremariam Asrat $71,000 Fidelity National Title
Vrg Prime Land Investment Llc $40,000 Masters Title
Blue Mountain Group Llc $26,000 Masters Title
Duncan William W $35,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2023 07/17/23 Sold $71,000 -19.3% --
03/23/2023 03/23/23 For Sale $88,000 -- --
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
2024 $1,209 $78,600 $78,600 $0
2023 $867 $78,000 $0 $0
2022 $861 $77,400 $0 $0
2021 $1,183 $76,800 $76,800 $0
2020 $1,183 $76,800 $76,800 $0
2019 $1,183 $76,800 $76,800 $0
2018 $1,183 $76,800 $76,800 $0
2017 $1,183 $76,800 $0 $0
2016 -- $76,800 $0 $0
2015 $1,099 $76,800 $0 $0
2014 $1,099 $76,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDPG2073532

Bright MLS

APN: 17-1924687