$41,500
SOLD AUG 23, 2012

408 Ventura Ave Capitol Heights, MD 20743

4 Beds
1.5 Baths
1,094 Sq Ft
5,760 Sq Ft Lot

Recently Sold

$38 Per Sq Ft

58% Below List Price

154 Days on Market

Highlights

  • Cape Cod Architecture
  • Central Heating and Cooling System
  • 5-minute walk to Capitol Heights Neighborhood Park
  • Eat-In Kitchen

About This Home

As of May 2013

This 4BR/1.5BA detached cape cod home has lots of potential. Home in need of work, mostly cosmetic. Conveniently located close to DC, I-95 and Metro. THIS IS A FANNIE MAE HOMEPATH PROPERTY AND ELIGIBLE FOR HOMEPATH RENOVATION FINANCING. Buy this home with as little as 3% down.

Last Agent to Sell the Property

Sonya Abney

Cosmopolitan Properties Real Estate Brokerage Listed on: 01/30/2012

Co-Listed By

Brian Creamer

Renter's Warehouse DC License #621094

Last Buyer's Agent

Brian Creamer

Renter's Warehouse DC License #621094

Home Details

Home Type

  • Single Family

Year Built

  • 1950

Lot Details

  • 5,760 Sq Ft Lot
  • Property is zoned RT

Parking

  • On-Street Parking

Home Design

  • Cape Cod Architecture
  • Frame Construction

Interior Spaces

  • Property has 3 Levels

Kitchen

  • Eat-In Kitchen
  • Stove

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • 1.5 Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Rear Basement Entry

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 4B
  • Assessor Parcel Number 17182049948

Home Details

Home Type

Single Family

Year Built

1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Special Features: 84
  • Property Sub Type: Detached
  • Year Built: 1950

Interior Features

  • Appliances: Refrigerator, Stove
  • Interior Amenities: Kitchen - Table Space
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Rear Entrance, Full
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Lower Level Half Bathrooms: 1

Exterior Features

  • Construction Materials: Frame
  • Pool: No Pool

Garage/Parking

  • Type Of Parking: On Street

Utilities

  • Refuse: 20.94
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Lot Info

  • Improvement Assessed Value: 183100.00
  • Land Assessed Value: 45100.00
  • Lot Size Acres: 0.13
  • Lot Size Area: 5760
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5760.00
  • Year Assessed: 2011
  • Zoning: RT

Tax Info

  • Assessor Parcel Number: 14620965
  • Tax Annual Amount: 3612.74
  • Assessor Parcel Number: 17182049948
  • Tax Lot: 4B
  • Tax Total Finished Sq Ft: 1094

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2013
Closed on
May 23, 2013
Sold by
Arsmb Lc
Bought by
Payne Shaunette and Payne Shaunette Lashelle
Seller's Agent
Colin Mapp
Samson Properties
Buyer's Agent
George Maestri
Long & Foster Real Estate, Inc.
List Price
$145,000
Sold Price
$150,000
Premium/Discount to List
$5,000
3.45%
Current Estimated Value
$322,548

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,548
Avg. Annual Appreciation
6.72%
Original Mortgage
$147,283
Outstanding Balance
$105,170
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$227,877

Purchase Details

Listed on
Jan 30, 2012
Closed on
Aug 23, 2012
Sold by
Fannie Mae
Bought by
Arsmb Lc
Seller's Agent
Sonya Abney
Cosmopolitan Properties Real Estate Brokerage
Buyer's Agent
Brian Creamer
Renter's Warehouse DC
List Price
$99,900
Sold Price
$41,500
Premium/Discount to List
-$58,400
-58.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
454.70%

Purchase Details

Closed on
Oct 25, 2010
Sold by
Wyche Shari R
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 29, 2007
Sold by
Brooks Ronald
Bought by
Wyche Shari R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,800
Interest Rate
6.14%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 3, 2007
Sold by
Brooks Ronald
Bought by
Wyche Shari R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,800
Interest Rate
6.14%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 15, 2003
Sold by
Wright Stonewall J
Bought by
Brooks Ronald

Purchase Details

Closed on
Feb 22, 1999
Sold by
Secretary Of Veterans Affairs
Bought by
Wright Stonewall J

Purchase Details

Closed on
Apr 22, 1998
Sold by
Turner Alonzo D and Turner Patricia A
Bought by
Secretary Of Veterans Affairs

Purchase Details

Closed on
Jun 23, 1995
Sold by
Jones Calvin W
Bought by
Turner Alonzo D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,580
Interest Rate
7.82%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed $150,000 Stewart Title Guaranty Co
Deed $41,500 None Available
Deed $177,114 --
Deed $177,114 --
Deed $184,000 --
Deed $184,000 --
Deed $130,000 --
Deed $69,000 --
Deed $72,194 --
Deed $79,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $56,267 New Conventional
Open $147,283 FHA
Previous Owner $36,800 Stand Alone Second
Previous Owner $36,800 Stand Alone Second
Previous Owner $80,580 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2013 05/23/13 Sold $150,000 +3.4% $137 / Sq Ft
05/01/2013 05/01/13 Pending -- -- --
03/27/2013 03/27/13 For Sale $145,000 0.0% $133 / Sq Ft
03/16/2013 03/16/13 Pending -- -- --
03/09/2013 03/09/13 For Sale $145,000 +249.4% $133 / Sq Ft
08/23/2012 08/23/12 Sold $41,500 0.0% $38 / Sq Ft
07/14/2012 07/14/12 Off Market $41,500 -- --
07/02/2012 07/02/12 For Sale $99,900 +140.7% $91 / Sq Ft
07/02/2012 07/02/12 Pending -- -- --
06/30/2012 06/30/12 Off Market $41,500 -- --
05/07/2012 05/07/12 Price Changed $99,900 0.0% $91 / Sq Ft
05/07/2012 05/07/12 For Sale $99,900 +140.7% $91 / Sq Ft
04/30/2012 04/30/12 Off Market $41,500 -- --
04/09/2012 04/09/12 Price Changed $124,900 -7.5% $114 / Sq Ft
02/29/2012 02/29/12 Price Changed $134,990 -7.7% $123 / Sq Ft
01/30/2012 01/30/12 For Sale $146,299 -- $134 / 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
2024 $3,162 $212,133 $0 $0
2023 $3,069 $203,600 $50,300 $153,300
2022 $2,983 $202,333 $0 $0
2021 $2,900 $201,067 $0 $0
2020 $2,878 $199,800 $45,100 $154,700
2019 $2,794 $188,633 $0 $0
2018 $2,697 $177,467 $0 $0
2017 $2,614 $166,300 $0 $0
2016 -- $156,700 $0 $0
2015 $3,613 $147,100 $0 $0
2014 $3,613 $137,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003835132

Bright MLS

APN: 18-2049948