NOT LISTED FOR SALE

5407 Lanham Station Rd Lanham, MD 20706

Estimated Value: $348,000 - $449,000

3 Beds
1 Bath
1,244 Sq Ft
$310/Sq Ft Est. Value

Last Sold October 19, 2020

Last sale price $260,000 $209 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $2,374/month

2 Days on Market

Highlights

  • Rambler Architecture
  • No Interior Steps
  • Back Up Electric Heat Pump System
  • No HOA
  • Central Air

About This Home

As of October 2020

A Single-family home at an affordable price! This is a rare find! This home features 3 large spacious bedrooms and 1 bathroom. It has a large eat-in kitchen, dedicated dining room and a dedicate laundry room in the rear. There are hard wood floors in all the bedrooms and a large brick fireplace that is the perfect touch to any living space. The best part is it sits on a larger quarter acre lot. Electric Service cable has been updated and Seller has installed a new furnace. Offers will be presented as they come in. Book your appointment today while it is still available.

Last Agent to Sell the Property

A.D Adedapo

(410) 245-3288 ad@dapopropertygroup.com Keller Williams Preferred Properties Listed on: 08/29/2020

Keller Williams Preferred Properties

Co-Listed By

Amanda Adedapo

(202) 978-1281 amanda@thedapogroup.com Keller Williams Capital Properties

Last Buyer's Agent

Lily Vallario

(240) 388-3507 lily@soldbylily.com EXP Realty, LLC License #0225099760

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,221

Year Built

  • Built in 1953

Lot Details

  • 10,268

Parking

  • Driveway

Home Design

  • Rambler Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,244 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Air
  • Back Up Electric Heat Pump System
  • Electric Water Heater
  • Public Septic

Additional Features

  • No Interior Steps
  • 10,268 Sq Ft Lot

Community Details

  • No Home Owners Association
  • Lanham Seabrook Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,221

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Accessibility Features: No Stairs
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Expected On Market: 8/29/2020 12:00:00 AM
  • Year Built: 1953
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1244
  • Living Area Sq Ft: 1244
  • Price Per Sq Ft: 200.96
  • Above Grade Finished Sq Ft: 1244
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Septic
  • 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

  • Lot Size Acres: 0.24
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10268.00
  • Zoning: .
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3221.00
  • Assessor Parcel Number: NO TAX RECORD
  • Tax Year: 2020

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2020
Closed on
Oct 16, 2020
Sold by
Lonon Terri
Bought by
Martinez Luis Roman Merlos and Bajana Melba Sharon
Seller's Agent
A.D Adedapo
Keller Williams Preferred Properties
Buyer's Agent
Lily Vallario
EXP Realty, LLC
List Price
$250,000
Sold Price
$260,000
Premium/Discount to List
$10,000
4%
Current Estimated Value
$385,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,675
Avg. Annual Appreciation
7.97%
Original Mortgage
$255,290
Outstanding Balance
$226,653
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$159,022

Purchase Details

Listed on
May 19, 2015
Closed on
Sep 30, 2015
Sold by
Fannie Mae
Bought by
Lonon Terri
Seller's Agent
Jean Brockington
Optimum Homes, Inc.
Buyer's Agent
Philip John Martinez Nadal
RLAH @properties
List Price
$253,500
Sold Price
$215,000
Premium/Discount to List
-$38,500
-15.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.83%
Original Mortgage
$211,105
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 12, 2013
Sold by
Mountanos Ellie Christiana
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 21, 1994
Sold by
Baker Lillie T
Bought by
Mountanos Ellie C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,652
Interest Rate
7.08%
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
Martinez Luis Roman Merlos $260,000 Pinnacle Settlement Svcs Inc
Lonon Terri $215,000 First American Title Ins Co
Federal National Mortgage Association $304,000 None Available
Mountanos Ellie C $111,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Luis Roman Merlos $255,290
Previous Owner Lonon Terri $211,105
Previous Owner Mountanos Ellie C $111,652
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/19/2020 10/19/20 Sold $260,000 +4.0% $209 / Sq Ft
09/01/2020 09/01/20 Pending -- -- --
08/29/2020 08/29/20 For Sale $250,000 +16.3% $201 / Sq Ft
09/30/2015 09/30/15 Sold $215,000 -1.8% $173 / Sq Ft View Prior Sale
08/09/2015 08/09/15 Pending -- -- --
07/28/2015 07/28/15 Price Changed $219,000 -8.4% $176 / Sq Ft
06/25/2015 06/25/15 Price Changed $239,000 -5.7% $192 / Sq Ft
05/19/2015 05/19/15 For Sale $253,500 -- $204 / 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 $4,206 $306,767 -- --
2024 $4,206 $274,933 $0 $0
2023 $4,010 $243,100 $71,200 $171,900
2022 $3,985 $241,367 $0 $0
2021 $3,959 $239,633 $0 $0
2020 $7,153 $237,900 $70,600 $167,300
2019 $3,221 $224,933 $0 $0
2018 $3,303 $211,967 $0 $0
2017 $3,175 $199,000 $0 $0
2016 -- $186,867 $0 $0
2015 $2,593 $174,733 $0 $0
2014 $2,593 $162,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A.D Adedapo

    Seller's Agent in 2020

    A.D Adedapo

    Keller Williams Preferred Properties

    (410) 245-3288

    153 Total Sales

    A.D Adedapo
    Section Image
  • Amanda Adedapo

    Seller Co-Listing Agent in 2020

    Amanda Adedapo

    Keller Williams Capital Properties

    (202) 978-1281

    121 Total Sales

    Amanda Adedapo
    Section Image
  • Lily Vallario

    Buyer's Agent in 2020

    Lily Vallario

    EXP Realty, LLC

    (240) 388-3507

    3 in this area

    275 Total Sales

    Lily Vallario
    Section Image
  • Jean Brockington

    Seller's Agent in 2015

    Jean Brockington

    Optimum Homes, Inc.

    (301) 318-5080

    4 Total Sales

    Jean Brockington
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDPG579360

Bright MLS

APN: 20-2171734

Maryland Prince George's County Lanham 20706

5407 Lanham Station Rd, Lanham, MD

Not Listed for Sale

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