NOT LISTED FOR SALE

3307 Otis St Mount Rainier, MD 20712

Estimated Value: $478,834 - $507,000

3 Beds
3 Baths
1,248 Sq Ft
$393/Sq Ft Est. Value

Last Sold December 11, 2020

Last sale price $419,900 $336 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,274/month

11 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Property is in excellent condition
  • Bungalow
  • Ceiling Fan

About This Home

As of December 2020

This beautiful RENOVATED Bungalow will LIFT YOUR SPIRITS with it's warm glowing wood floors and southern charm throughout. Great open classic floor plan well suited to modern lifestyles! The rooms are spacious and allow for gracious entertaining. The Living Room Dining Combo flows nicely through to the modern kitchen with granite countertops, stainless steel appliances, and white wood cabinets. There are 2 main level bedrooms that also would make great home offices. There is also a full bath on the main level. The entire upper level has a charming well- sized private master bedroom and master bath with a double duty walk in closet. Nicely finished walkout basement with family room, full bath and separate laundry room area. Large partially fenced backyard with off street parking for two. If you have to be home or stay close to it, you can really appreciate it! You are in the center of the designated Historic District City of Mt. Rainier. Just a short stroll away from stores, cafes, carry-outs and the Route 1 Arts District. For Artist the whole city allows art related businesses to operate from homes without special exemptions to zoning laws. The basement can be a huge art studio with its own private entrance/exit. This home is only 2 miles from the West Hyattsville Metro Station You can stroll the kids to a small local park and playground just a few blocks away. There's also a nice river park off 38th Street. The local police station is on Route 1, as is the City Town Hall. Franklins Brew Pub, Bus Boy and Poets and My Organic Market are a 9 minute drive away in the City of Hyattsville. Costco , Marshalls, Restaurants and a huge Shopping Center are just a short convenient drive away in Ft. Lincoln New Town, in Washington , DC. Route 50 and I-295, the University of MD campus are very nearby. Don't miss this RENOVATED CLASSIC Bungalow in sought after Historic Mt. Rainier! More photos coming soon! Beautiful pics!

Last Agent to Sell the Property

Lydia Newman

(301) 542-2826 lydiabn@gmail.com Fairfax Realty Premier License #641460 Listed on: 10/19/2020

Fairfax Realty Premier

Last Buyer's Agent

Chelsea Bolden

(443) 538-9384 houseandhomeresidential@gmail.com Douglas Elliman of Metro DC, LLC - Arlington License #0225225511

Douglas Elliman of Metro DC, LLC - Arlington

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,899

Year Built

  • Built in 1922

Lot Details

  • 4,122 Sq Ft Lot
  • Property is in excellent condition
  • Property is zoned R55

Parking

  • Off-Street Parking

Home Design

  • Bungalow

Interior Spaces

  • 1,248 Sq Ft Home
  • Property has 3 Levels
  • Ceiling Fan
  • Basement

Bedrooms and Bathrooms

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 17171956325

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,899

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1922
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 3
  • Basement: Yes
  • Total Sq Ft: 1248
  • Living Area Sq Ft: 1248
  • Price Per Sq Ft: 339.66
  • Above Grade Finished Sq Ft: 1248
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Refuse: 34.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 292400.00
  • Land Assessed Value: 100000.00
  • Lot Size Acres: 0.09
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4122.00
  • Property Condition: Excellent
  • Zoning: R55
  • In City Limits: Yes

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14614307
  • Tax Annual Amount: 4899.00
  • Assessor Parcel Number: 17171956325
  • Tax Lot: 15
  • Tax Page Number: 65
  • 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
Oct 19, 2020
Closed on
Nov 11, 2020
Sold by
Mitchell Gee Elen Virginia and Gee Alexnader
Bought by
Gomes Tonisha Elaine
Seller's Agent
Lydia Newman
Fairfax Realty Premier
Buyer's Agent
Chelsea Bolden
Douglas Elliman of Metro DC, LLC - Arlington
List Price
$423,900
Sold Price
$419,900
Premium/Discount to List
-$4,000
-0.94%
Current Estimated Value
$490,209

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,309
Avg. Annual Appreciation
3.08%
Original Mortgage
$419,000
Interest Rate
2.67%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 9, 2016
Closed on
Jan 25, 2017
Sold by
Foster Aqisitions Llc
Bought by
Gee Alexander and Mitchell Gee Elan Virginia
Seller's Agent
Leo Pareja
Leo Pareja Referral Company
Buyer's Agent
Harrison Beacher
Keller Williams Capital Properties
List Price
$399,900
Sold Price
$399,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.28%
Original Mortgage
$399,900
Interest Rate
4.19%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 28, 2015
Sold by
Brown Michael A
Bought by
Foster Aquisitions Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,850
Interest Rate
3.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 4, 1992
Sold by
Secretary Of H U D
Bought by
Brown Michael A
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
Gomes Tonisha Elaine $419,000 Universal Title
Gee Alexander $399,900 Stewart Title Of Maryland In
Foster Aquisitions Llc $125,000 First American Title Ins Co
Brown Michael A $71,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gomes Tonisha Elaine $419,000
Previous Owner Gee Alexander $399,900
Previous Owner Foster Aquisitions Llc $172,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/11/2020 12/11/20 Sold $419,900 -0.9% $336 / Sq Ft
11/16/2020 11/16/20 For Sale $423,900 0.0% $340 / Sq Ft
10/30/2020 10/30/20 Pending -- -- --
10/19/2020 10/19/20 For Sale $423,900 +6.0% $340 / Sq Ft
02/10/2017 02/10/17 Sold $399,900 0.0% $206 / Sq Ft View Prior Sale
12/19/2016 12/19/16 Pending -- -- --
12/09/2016 12/09/16 For Sale $399,900 -- $206 / 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 $8,831 $422,133 -- --
2024 $8,831 $414,700 $135,000 $279,700
2023 $8,653 $407,267 $0 $0
2022 $8,504 $399,833 $0 $0
2021 $8,438 $392,400 $100,000 $292,400
2020 $7,530 $346,700 $0 $0
2019 $6,315 $301,000 $0 $0
2018 $5,265 $255,300 $75,000 $180,300
2017 $4,172 $220,233 $0 $0
2016 -- $185,167 $0 $0
2015 $3,507 $150,100 $0 $0
2014 $3,507 $150,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDPG585020

Bright MLS

APN: 17-1956325