NOT LISTED FOR SALE

407 Addison Rd S Capitol Heights, MD 20743

Estimated Value: $353,946

3 Beds
1 Bath
1,594 Sq Ft
$222/Sq Ft Est. Value

Last Sold November 27, 2018

Last sale price $225,000 $141 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $2,393/month

10 Days on Market

Highlights

  • 1.08 Acre Lot
  • No HOA
  • Radiator
  • Cape Cod Architecture

About This Home

As of November 2018

Huge price reduction . This unique property is yards away from the subway station. It has potential use as commercial space. It would be great for a business that needs lots of parking. You could have nice office with high street visibility and plenty of space for employee parking. This is a fantastic opportunity with a great price. Property was under contract with a long due diligence.

Last Agent to Sell the Property

Carl Allen

(301) 343-5000 carl_allen@comcast.net Murrell, Inc. Listed on: 08/27/2018

Last Buyer's Agent

Abbey Olorunwunmi

(202) 437-7565 michaelsbroker@gmail.com Michaels Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,199

Year Built

  • Built in 1925

Lot Details

  • 1.08 Acre Lot
  • Property is zoned CSC

Parking

  • Off-Street Parking

Home Design

  • Cape Cod Architecture
  • Vinyl Siding

Interior Spaces

  • 1,594 Sq Ft Home
  • Property has 3 Levels
  • Unfinished Basement
  • Connecting Stairway

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Radiator
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Addison Road Subdivision

Listing and Financial Details

  • Assessor Parcel Number 17182066017

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,199

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1925
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Connecting Stairway, Unfinished
  • Living Area Units: Square Feet
  • Total Sq Ft: 1594
  • Living Area Sq Ft: 1594
  • Price Per Sq Ft: 156.84
  • Above Grade Finished Sq Ft: 1594
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • 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: 356.32
  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • 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

Lot Info

  • Improvement Assessed Value: 25200.00
  • Land Assessed Value: 230300.00
  • Lot Size Acres: 1.08
  • Lot Size Area: 47045
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 47045.00
  • Zoning: CSC
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14622171
  • Tax Annual Amount: 4198.71
  • Assessor Parcel Number: 17182066017
  • Tax Page Number: 458
  • Tax Year: 2016

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2018
Closed on
Nov 27, 2018
Sold by
Harper Consuella and Estate Of Charles L Harper Sr
Bought by
Doye And Seye Motors And Towing Llc
Seller's Agent
Carl Allen
Murrell, Inc.
Buyer's Agent
Abbey Olorunwunmi
Michaels Realty, Inc.
List Price
$250,000
Sold Price
$225,000
Premium/Discount to List
-$25,000
-10%
Current Estimated Value
$353,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,946
Avg. Annual Appreciation
6.68%

Purchase Details

Closed on
Jun 1, 2009
Sold by
Federal Home Loan Mortgage Cor
Bought by
Harper Carl and Harper Renee

Purchase Details

Closed on
Mar 10, 2008
Sold by
Jones Thelma and Jones Charles W
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Apr 28, 2006
Sold by
Watkins Ralph A and Watkins Audrey E
Bought by
Jones Thelma and Jones Charles W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,600
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 24, 2006
Sold by
Watkins Ralph A and Watkins Audrey E
Bought by
Jones Thelma and Jones Charles W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,600
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Doye And Seye Motors And Towing Llc $225,000 Allied Title Co Llc
Harper Carl $135,800 --
Federal Home Loan Mortgage Corp $169,040 --
Jones Thelma $308,000 --
Jones Thelma $308,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jones Thelma $292,600
Previous Owner Jones Thelma $292,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/27/2018 11/27/18 Sold $225,000 -10.0% $141 / Sq Ft
09/06/2018 09/06/18 Pending -- -- --
08/27/2018 08/27/18 For Sale $250,000 -- $157 / 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 $6,346 $413,700 -- --
2024 $6,346 $399,900 $0 $0
2023 $6,139 $386,100 $225,800 $160,300
2022 $6,115 $384,433 $0 $0
2021 $6,090 $382,767 $0 $0
2020 $6,065 $381,100 $225,800 $155,300
2019 $4,858 $339,233 $0 $0
2018 $4,419 $297,367 $0 $0
2017 $4,199 $255,500 $0 $0
2016 -- $255,500 $0 $0
2015 $3,302 $255,500 $0 $0
2014 $3,302 $258,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002300200

Bright MLS

APN: 18-2066017