Seller's Agent in 2020
Andreas Pericli
Long & Foster
(703) 968-7000
9 Total Sales
4137 34th St Mount Rainier, MD 20712
Estimated Value: $681,495 - $806,000
Studio
3
Baths
2,580
Sq Ft
$297/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Property is in very good condition
- 3-minute walk to Mt. Rainier-Upshur Park
- No HOA
- Radiant Heating System
About This Home
As of May 2020This is a Prime Rental Property with a storage house that can be further developed into a separate town-home. All 3 Units were fully renovated in 2018. The renovation included but were not limited to new washers and dryers with; newly remodeled kitchens with stainless steel appliances, granite counter-tops & cabinets for lots of storage. It is paramount to also highlight that each unit has large windows. Two out of three units will be occupied as of the end of March in order to allow for the possibility of an owner/investor. If investor, the seller will guarantee the lease of that unit for a 1-year and will sublease it. When Fully occupied the property sets a cap rate better than 6.5%. This property can be part of 1031 Exchange. Put one more time this property is good for an owner/investor and could offer substantial upside potential for someone who will have the ability to change the zoning and add at least one extra town-home in that property.
Last Agent to Sell the Property
(703) 968-7000 apericli@cyprusgreecefp.com Long & Foster Real Estate, Inc. License #SP200203246 Listed on: 03/25/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,497
Year Built
- Built in 1912
Lot Details
- 7,800 Sq Ft Lot
- Property is in very good condition
Parking
- Driveway
Home Design
- 2,580 Sq Ft Home
- Triplex
- Colonial Architecture
Utilities
- Window Unit Cooling System
- Radiant Heating System
- Natural Gas Water Heater
Additional Features
- Basement
Listing and Financial Details
- The owner pays for electricity, water
- Tax Lot 22
- Assessor Parcel Number 17171905082
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- Income includes apartment rentals
- Insurance Expense $1,200
- Maintenance Expense $14,599
- Net Operating Income $42,101
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 25, 2020
Closed on
Jun 3, 2020
Sold by
Triple T Properties Llc
Bought by
Belton Jabari
Seller's Agent
Andreas Pericli
Long & Foster Real Estate, Inc.
Buyer's Agent
Eby Okonkwo
Long & Foster Real Estate, Inc.
List Price
$649,000
Sold Price
$649,000
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
$116,124
Avg. Annual Appreciation
2.94%
Original Mortgage
$663,927
Outstanding Balance
$587,219
Interest Rate
3.2%
Mortgage Type
VA
Estimated Equity
$177,905
Purchase Details
Listed on
Jul 13, 2017
Closed on
Oct 30, 2017
Sold by
Labrode Guehenno and Labrode Marie F
Bought by
Triple T Properties Llc
Seller's Agent
Marie Laborde
Executive Investment Realty, LLC.
Buyer's Agent
Genet Lulu
Fairfax Realty Premier
List Price
$479,900
Sold Price
$465,000
Premium/Discount to List
-$14,900
-3.1%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.97%
Original Mortgage
$372,000
Interest Rate
3.83%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 17, 2004
Sold by
Gangapersaud Deodat P
Bought by
Laborde Guehenno
Purchase Details
Closed on
Sep 6, 1994
Sold by
Kocharian Edward M
Bought by
Gangapersaud Deodat P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
8.44%
Purchase Details
Closed on
Sep 10, 1968
Sold by
Violett Robert T
Bought by
Kocharian Edward M and Kocharian Ardemis
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Belton Jabari | $649,000 | Rgs Title Llc | |
| Triple T Properties Llc | $465,000 | Commercial Title Co Llc | |
| Laborde Guehenno | $299,000 | -- | |
| Gangapersaud Deodat P | $175,000 | -- | |
| Kocharian Edward M | $28,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Belton Jabari | $663,927 | |
| Previous Owner | Triple T Properties Llc | $372,000 | |
| Previous Owner | Gangapersaud Deodat P | $140,000 | |
| Closed | Gangapersaud Deodat P | $17,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/18/2020 05/18/20 | Sold | $649,000 | 0.0% | $252 / Sq Ft | |
| 03/25/2020 03/25/20 | For Sale | $649,000 | 0.0% | $252 / Sq Ft | |
| 09/15/2018 09/15/18 | Rented | $1,650 | -17.5% | -- | |
| 09/15/2018 09/15/18 | Under Contract | -- | -- | -- | |
| 07/05/2018 07/05/18 | For Rent | $2,000 | 0.0% | -- | |
| 10/31/2017 10/31/17 | Sold | $465,000 | 0.0% | $185 / Sq Ft | View Prior Sale |
| 09/01/2017 09/01/17 | Pending | -- | -- | -- | |
| 08/22/2017 08/22/17 | Off Market | $465,000 | -- | -- | |
| 07/13/2017 07/13/17 | For Sale | $479,900 | -- | $191 / 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 |
|---|---|---|---|---|
| 2025 | $12,644 | $625,633 | -- | -- |
| 2024 | $12,644 | $595,500 | $135,700 | $459,800 |
| 2023 | $12,313 | $581,233 | $0 | $0 |
| 2022 | $12,023 | $566,967 | $0 | $0 |
| 2021 | $11,850 | $552,700 | $100,300 | $452,400 |
| 2020 | $11,285 | $521,533 | $0 | $0 |
| 2019 | $10,288 | $490,367 | $0 | $0 |
| 2018 | $10,064 | $459,200 | $75,300 | $383,900 |
| 2017 | $6,933 | $384,700 | $0 | $0 |
| 2016 | -- | $310,200 | $0 | $0 |
| 2015 | $6,926 | $235,700 | $0 | $0 |
| 2014 | $6,926 | $235,700 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Andreas Pericli
-
Eby Okonkwo
Buyer's Agent in 2020
Eby Okonkwo
Long & Foster
(202) 744-5312
15 Total Sales
-
Genet Lulu
G
Seller's Agent in 2018
Genet Lulu
Fairfax Realty Premier
(240) 505-7912
83 Total Sales
-
Marie Laborde
Seller's Agent in 2017
Marie Laborde
Executive Investment Realty, LLC.
(240) 481-4255
55 Total Sales
Map
Source: Bright MLS
MLS Number: MDPG563570
APN: 17-1905082
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