$263,000
SOLD JUL 22, 2022

4508 32nd St Mount Rainier, MD 20712

4 Beds
3 Baths
1,160 Sq Ft
4,400 Sq Ft Lot

Recently Sold

$227 Per Sq Ft

15% Below List Price

13 Days on Market

Highlights

  • No HOA
  • 90% Forced Air Heating System
  • 5-minute walk to Mount Rainier Nature Center
  • Bungalow

About This Home

As of May 2023

Investor alert! This detached bungalow home needs a full gut rehab but the potential is unlimited. Located in chic Historic Mount Rainier with easy access to a neighborhood park, playground, the Mount Rainier Nature Center, and a host of eclectic shops along 34th Street. Commuter friendly location - hop on the West Hyattsville metro (1.4 miles away) or drive across the line into DC (0.7 miles away). Bring your contractor, your vision, and your sales contract as an opportunity like this does not come around often. Currently set-up as 4 bedrooms and 3 baths across 3 levels but can be expanded to include additional beds and baths with the right vision. Off-street parking and an expansive rear yard are just icing on the cake. Cash or renovation loans only as property will not qualify for traditional financing. Hold harmless agreement MUST be signed prior to showing. Appointments are scheduled via Showingtime and require 24 hours notice. Contact listing agent with any questions prior to scheduling an appointment.

Last Agent to Sell the Property

Michael Vaughn

Pearson Smith Realty, LLC License #605556 Listed on: 06/13/2022

Pearson Smith Realty, LLC

Last Buyer's Agent

Ms. Jaye M Johnson

RLAH @properties

RLAH @properties

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1922

Lot Details

  • 4,400 Sq Ft Lot
  • Property is zoned R55

Home Design

  • Bungalow
  • Frame Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 2.5 Levels
  • Basement
  • Front Basement Entry

Bedrooms and Bathrooms

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces

Utilities

  • 90% Forced Air Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Mount Rainier Subdivision

Listing and Financial Details

  • Assessor Parcel Number 17171979004

Home Details

Home Type

Single Family

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
  • Year Built: 1922
  • Automatically Close On Close Date: No
  • Remarks Public: Investor alert! This detached bungalow home needs a full gut rehab but the potential is unlimited. Located in chic Historic Mount Rainier with easy access to a neighborhood park, playground, the Mount Rainier Nature Center, and a host of eclectic shops along 34th Street. Commuter friendly location - hop on the West Hyattsville metro (1.4 miles away) or drive across the line into DC (0.7 miles away). Bring your contractor, your vision, and your sales contract as an opportunity like this does not come around often. Currently set-up as 4 bedrooms and 3 baths across 3 levels but can be expanded to include additional beds and baths with the right vision. Off-street parking and an expansive rear yard are just icing on the cake. Cash or renovation loans only as property will not qualify for traditional financing. Hold harmless agreement MUST be signed prior to showing. Appointments are scheduled via Showingtime and require 24 hours notice. Contact listing agent with any questions prior to scheduling an appointment.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Concrete Perimeter
  • Levels Count: 2.5
  • Basement: Yes
  • Basement Type: Front Entrance
  • Total Sq Ft: 1880
  • Living Area Sq Ft: 1160
  • Price Per Sq Ft: 267.24
  • Above Grade Finished Sq Ft: 1160
  • Below Grade Sq Ft: 720
  • Total Below Grade Sq Ft: 720
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 4508

Beds/Baths

  • Bedrooms: 4
  • 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
  • Upper Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air
  • 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: PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
  • School District Key: 121137599599
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 269100.00
  • Land Assessed Value: 135000.00
  • Land Use Code: R
  • Lot Size Acres: 0.10
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4400.00
  • Year Assessed: 2022
  • Zoning: R55
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14615760
  • Tax Annual Amount: 8201.00
  • Assessor Parcel Number: 17171979004
  • Tax Page Number: 239
  • Tax Total Finished Sq Ft: 1160
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022
  • Close Date: 07/22/2022

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2023
Closed on
May 9, 2023
Sold by
Chartum Realty & Development Llc
Bought by
Davis Marshall Byron and Riddick Nadeene Elizabeth
Seller's Agent
Mrs. Ericka Norman Johnson
Keller Williams Preferred Properties
Buyer's Agent
Antoin Jackson
Neighborhood Assistance Corporation of America
List Price
$499,900
Sold Price
$499,900
Total Days on Market
13
Views
156
Current Estimated Value
$483,842

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,058
Avg. Annual Appreciation
1.27%
Original Mortgage
$499,900
Outstanding Balance
$488,406
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$25,614

Purchase Details

Listed on
Mar 25, 2023
Closed on
May 3, 2023
Sold by
Chartum Realty & Development Llc
Bought by
Davis Marshall Byron and Riddick Nadeene Elizabeth
Seller's Agent
Mrs. Ericka Norman Johnson
Keller Williams Preferred Properties
Buyer's Agent
Antoin Jackson
Neighborhood Assistance Corporation of America
List Price
$499,900
Sold Price
$499,900
Views
156

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$499,900
Outstanding Balance
$488,406
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$25,614

Purchase Details

Listed on
Jun 13, 2022
Closed on
Jul 22, 2022
Sold by
Locker Carolyn E
Bought by
Chartum Realty & Development Llc
Seller's Agent
Michael Vaughn
Pearson Smith Realty, LLC
Buyer's Agent
Ms. Jaye M Johnson
RLAH @properties
List Price
$310,000
Sold Price
$263,000
Premium/Discount to List
-$47,000
-15.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
123.18%
Original Mortgage
$387,000
Interest Rate
5.81%
Mortgage Type
New Conventional
Source: Public Records

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    Section Image

Range of Values:

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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 $499,900 Stewart Title
Deed $499,900 Stewart Title
Deed $263,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $499,900 New Conventional
Previous Owner $387,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2023 05/09/23 Sold $499,900 0.0% $431 / Sq Ft
03/30/2023 03/30/23 Pending -- -- --
03/25/2023 03/25/23 For Sale $499,900 +90.1% $431 / Sq Ft
07/22/2022 07/22/22 Sold $263,000 -15.2% $227 / Sq Ft
06/26/2022 06/26/22 Pending -- -- --
06/13/2022 06/13/22 For Sale $310,000 -- $267 / 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 $8,608 $404,100 $135,000 $269,100
2023 $8,426 $396,500 $0 $0
2022 $5,846 $388,900 $0 $0
2021 $11,691 $381,300 $100,000 $281,300
2020 $10,333 $360,267 $0 $0
2019 $7,117 $339,233 $0 $0
2018 $4,021 $318,200 $75,000 $243,200
2017 $421 $270,600 $0 $0
2016 -- $223,000 $0 $0
2015 -- $175,400 $0 $0
2014 $4,074 $175,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDPG2046420

Bright MLS

APN: 17-1979004