NOT LISTED FOR SALE

5203 Galveston Rd Lanham, MD 20706

Estimated Value: $520,000 - $698,000

4 Beds
4 Baths
2,994 Sq Ft
$199/Sq Ft Est. Value

Last Sold July 13, 2020

Last sale price $388,000 $130 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $3,589/month

2 Days on Market

Highlights

  • 0.82 Acre Lot
  • 1 Fireplace
  • No HOA
  • Rambler Architecture
  • Corner Lot
  • Courtyard Views

About This Home

As of July 2020

This home has a very unique floor plan with an atrium in the center of the home. It needs some updating to bring it back to the showplace it use to be. One level living with 3 large bedrooms on the main floor. There is also an Office/Den.. Then only a few steps down to the Recreation Room which has a wet bar and fireplace. Plenty of storage in the bottom level of the home. Envision the Atrium with flowers and the small pond with fish (currently covered) and you soaking in the sun enjoying afternoon tea.This corner lot is sitting on .82 Acres of land. There is a two car garage and long driveway for more cars. There is plenty of room inside and outside for your creativity. Great home for Investors and buyers who will accept the challenge to update this home. . This home is selling strictly "AS IS". No repairs will be made and it is priced accordingly. This home was custom built in 1969 by Dr. Henry Wise Jr. and his family. He was a former Tuskegee Airman, a physician in Bowie and Wise High School is named in honor of him. Remember this homes needs updating and a few repairs. View the 3D Virtual Tour and the photos. OFFERS DUE BY TUESDAY, JUNE 16TH AT 3 PM.

Last Agent to Sell the Property

Maurita Bostic

(301) 503-3352 maurita.bostic@lnf.com Long & Foster Real Estate, Inc. License #SP98362381 Listed on: 06/14/2020

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Ronald Edwards

(202) 696-9154 ron.david@compass.com Compass

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,796

Year Built

  • Built in 1969

Lot Details

  • 0.82 Acre Lot
  • Corner Lot
  • Property is in average condition
  • Property is zoned R80

Parking

  • 2 Car Attached Garage
  • Side Facing Garage

Home Design

  • Rambler Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,994 Sq Ft Home
  • Property has 3 Levels
  • 1 Fireplace
  • Courtyard Views
  • Basement

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Glenwood Park Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 17202279263

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,796

Year Built

Built in 1969

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Home Warranty: No
  • Inclusions: All Appliances - AS IS
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main
  • Expected On Market: 2020-06-14
  • Federal Flood Zone: No
  • Year Built: 1969
  • Building Winterized: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Oven - Double, Refrigerator, Washer
  • Interior Amenities: Kitchen - Eat-In
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3
  • Basement: Yes
  • Total Sq Ft: 2994
  • Living Area Sq Ft: 2994
  • Price Per Sq Ft: 111.89
  • Above Grade Finished Sq Ft: 2994
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Main Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1
  • Lower Level Half Bathroom: 1

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Side Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 357.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • 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: 211000.00
  • Land Assessed Value: 69500.00
  • Lot Size Acres: 0.82
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 35779.00
  • Property Condition: Average
  • Zoning: R80
  • In City Limits: No

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14638146
  • Tax Annual Amount: 3796.00
  • Assessor Parcel Number: 17202279263
  • Tax Lot: 5
  • Tax Page Number: 159
  • 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
Jun 14, 2020
Closed on
Jul 13, 2020
Sold by
The Wise Living Trust
Bought by
Edwards Ronald D
Seller's Agent
Maurita Bostic
Long & Foster Real Estate, Inc.
Buyer's Agent
Ronald Edwards
Compass
List Price
$335,000
Sold Price
$388,000
Premium/Discount to List
$53,000
15.82%
Current Estimated Value
$595,719

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,719
Avg. Annual Appreciation
8.06%
Original Mortgage
$368,600
Outstanding Balance
$326,120
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$269,599

Purchase Details

Closed on
Jan 5, 1998
Sold by
Wise Henry A
Bought by
Wise Henry A and Wise Roberta M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Edwards Ronald D $388,000 Sage Title Group Llc
Wise Henry A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Edwards Ronald D $368,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/13/2020 07/13/20 Sold $388,000 0.0% $130 / Sq Ft
06/17/2020 06/17/20 Pending -- -- --
06/16/2020 06/16/20 Off Market $388,000 -- --
06/14/2020 06/14/20 For Sale $335,000 -- $112 / 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 $5,934 $414,233 -- --
2024 $5,934 $400,567 -- --
2023 $4,302 $386,900 $72,500 $314,400
2022 $5,407 $351,433 $0 $0
2021 $5,093 $315,967 $0 $0
2020 $7,705 $280,500 $69,500 $211,000
2019 $3,770 $263,233 $0 $0
2018 $3,655 $245,967 $0 $0
2017 $3,779 $228,700 $0 $0
2016 -- $227,567 $0 $0
2015 $4,405 $226,433 $0 $0
2014 $4,405 $225,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDPG570702

Bright MLS

APN: 20-2279263