Seller's Agent in 2024
Jimmy Okunola
EXP Realty, LLC
(240) 515-1068
1 in this area
69 Total Sales
2707 Phelps Ave District Heights, MD 20747
3
Beds
1
Bath
840
Sq Ft
9,375
Sq Ft Lot
Highlights
- Rambler Architecture
- Space For Rooms
- No HOA
- Marble Flooring
- Attic
- Stainless Steel Appliances
About This Home
As of December 2024DO YOUR HOME INSPECTION BEFORE SUBMITTING YOUR OFFERS !!!*** BACK ON THE MARKET PENDING RELEASE, BUYER UNABLE TO PROCEED***PRICED TO SELL!!! PROPERTY IS FREE AND CLEAR OF ALL LIENS!!! SEND IN YOUR HIGHEST AND BEST NO ESCALATIONS, PROPERTY SOLD STRICTLY AS IS!!!! USE THE SUBMIT OFFER LINK FOR QUICKER RESPONSE!!!
Discover the incredible potential of this prime 3-bedroom property brimming with potential, perfectly suited for investors or the handy homebuyers eager to embark on renovation projects. This well-located gem offers instant positive equity, providing a unique opportunity to create a truly personalized home tailored to your vision and investment!
With a bit of imagination, effort and vision , you get to breathe life into this spacious property, which is ready for minor to extensive renovations. The possibilities are endless, allowing you to design an amazing home space tailored to your family's needs and style. This Property is AS IS where IS, with ALL BRAND NEW Appliances, Furnace, Water Heater and good Solid Roof. *** Please do your own due diligence, this is a property for that Person looking for a Diamond in the Rough, and ready for some sweat equity in this market!
Situated in a sought-after neighborhood, this undervalued property highlights the golden rule of real estate: location, location, location. Don’t miss out on this rare chance to invest in a property with significant potential for growth and customization.
Seize this opportunity to transform 2707 Phelps Avenue into your dream home or a lucrative investment. Your future masterpiece and legacy awaits! SOLD STRICTLY AS IS, WHERE IS!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,014
Year Built
- Built in 1940
Lot Details
- 9,375 Sq Ft Lot
- Property is Fully Fenced
- Property is in average condition
- Property is zoned RSF65
Home Design
- Rambler Architecture
- Fixer Upper
- Poured Concrete
- Frame Construction
- Fiberglass Roof
- Concrete Perimeter Foundation
Interior Spaces
- Property has 2 Levels
- Stacked Washer and Dryer
- Attic
Kitchen
- Built-In Range
- Built-In Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
Flooring
- Engineered Wood
- Partially Carpeted
- Marble
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 1 Full Bathroom
Unfinished Basement
- Walk-Up Access
- Connecting Stairway
- Interior, Rear, and Side Basement Entry
- Space For Rooms
- Basement Windows
Parking
- 2 Parking Spaces
- 2 Driveway Spaces
- Private Parking
- On-Street Parking
Utilities
- Central Air
- Heat Pump System
- Natural Gas Water Heater
- Cable TV Available
Community Details
- No Home Owners Association
- Phelps 2Nd Addn To Forestville Subdivision
Listing and Financial Details
- Tax Lot 25
- Assessor Parcel Number 17060478255
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 12, 2024
Closed on
Dec 10, 2024
Sold by
Folorunso Ljiti
Bought by
Nem Services Llc
Seller's Agent
Jimmy Okunola
EXP Realty, LLC
Buyer's Agent
Julia Sagastume
Long & Foster Real Estate, Inc.
List Price
$249,900
Sold Price
$240,000
Premium/Discount to List
-$9,900
-3.96%
Views
299
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,844
Avg. Annual Appreciation
9.47%
Original Mortgage
$195,000
Interest Rate
6.72%
Mortgage Type
Construction
Purchase Details
Closed on
May 5, 2016
Sold by
Ijiti Josephine Aderenle
Bought by
Ijiti Folorunso
Purchase Details
Closed on
Dec 24, 2008
Sold by
Ijiti Folorunso I
Bought by
Ijiti Josephine A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,784
Interest Rate
6.08%
Mortgage Type
FHA
Purchase Details
Closed on
Dec 18, 2008
Sold by
Ijiti Folorunso I
Bought by
Ijiti Josephine A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,784
Interest Rate
6.08%
Mortgage Type
FHA
Purchase Details
Closed on
Sep 14, 2005
Sold by
Ijiti Folorunso I
Bought by
Ijiti Folorunso I
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
5.83%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Apr 15, 2003
Sold by
Oke Oluwole
Bought by
Ijiti Folorunso I
Purchase Details
Closed on
Jun 14, 2001
Sold by
Ellis Betty R
Bought by
Oke Oluwole
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $240,000 | First American Title | |
| Deed | $240,000 | First American Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Deed | $167,000 | -- | |
| Deed | $167,000 | -- | |
| Deed | -- | -- | |
| Deed | $132,000 | -- | |
| Deed | $55,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $195,000 | Construction | |
| Previous Owner | $164,784 | FHA | |
| Previous Owner | $164,784 | FHA | |
| Previous Owner | $248,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $30,000 | Credit Line Revolving | |
| Previous Owner | $148,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $37,000 | Stand Alone Second | |
| Previous Owner | $153,900 | Adjustable Rate Mortgage/ARM |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/11/2024 12/11/24 | Sold | $240,000 | -4.0% | $286 / Sq Ft |
| 10/02/2024 10/02/24 | Pending | -- | -- | -- |
| 09/21/2024 09/21/24 | For Sale | $249,900 | 0.0% | $298 / Sq Ft |
| 08/16/2024 08/16/24 | Pending | -- | -- | -- |
| 08/12/2024 08/12/24 | For Sale | $249,900 | -- | $298 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $3,414 | $202,900 | $0 | $0 |
| 2023 | $2,154 | $193,700 | $61,000 | $132,700 |
| 2022 | $2,084 | $187,400 | $0 | $0 |
| 2021 | $3,839 | $181,100 | $0 | $0 |
| 2020 | $5,228 | $174,800 | $60,500 | $114,300 |
| 2019 | $2,341 | $163,467 | $0 | $0 |
| 2018 | $2,261 | $152,133 | $0 | $0 |
| 2017 | $2,317 | $140,800 | $0 | $0 |
| 2016 | -- | $135,133 | $0 | $0 |
| 2015 | $3,200 | $129,467 | $0 | $0 |
| 2014 | $3,200 | $123,800 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jimmy Okunola
-
Julia Sagastume
Buyer's Agent in 2024
Julia Sagastume
Long & Foster
1 in this area
8 Total Sales
Map
Source: Bright MLS
MLS Number: MDPG2122236
APN: 06-0478255
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