$90,000
SOLD MAY 14, 2019

5462 85th Ave Unit 1 New Carrollton, MD 20784

2 Beds
1 Bath
900 Sq Ft
$367/mo HOA Fee

Recently Sold

$100 Per Sq Ft

9% Below List Price

70 Days on Market

Highlights

  • Community Pool
  • Forced Air Heating and Cooling System
  • Property is in very good condition
  • Community Playground

About This Home

As of March 2023

Back on market. Previous buyer financing fell through. Great opportunity for great price to own this renovated, spacious, naturally lit, 2 bedroom condo in convenient, commuter friendly location. Renovations to include all new flooring, new stainless appliances and fixtures, granite counters, thermal windows, new paint and more. Great location, convenient to public transportation and less than mile from beltway, shopping and recreation. Great for owner occupant or investor...priced to move.

Last Agent to Sell the Property

Rashaan Jennings

RE/MAX Leading Edge License #MD524400 Listed on: 02/25/2019

RE/MAX Leading Edge

Last Buyer's Agent

Jacques Thimothee

Bennett Realty Solutions

Bennett Realty Solutions

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,265

Year Built

  • Built in 1963

HOA Fees

  • $367 Monthly HOA Fees

Interior Spaces

  • 900 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • Parking Lot
  • Assigned Parking

Additional Features

  • Property is in very good condition
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 17202241685

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, parking fee, sewer, snow removal, water, pool(s)
  • Low-Rise Condominium
  • Carrollan Garden Community
  • Carrollan Gardens Subdivision
  • Property Manager

Recreation

  • Community Playground
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,265

Year Built

Built in 1963

Lot Details

0

HOA Fees

$367 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1963
  • Remarks Public: Back on market. Previous buyer financing fell through. Great opportunity for great price to own this renovated, spacious, naturally lit, 2 bedroom condo in convenient, commuter friendly location. Renovations to include all new flooring, new stainless appliances and fixtures, granite counters, thermal windows, new paint and more. Great location, convenient to public transportation and less than mile from beltway, shopping and recreation. Great for owner occupant or investor...priced to move.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 900
  • Living Area Sq Ft: 900
  • Price Per Sq Ft: 110.00
  • Above Grade Finished Sq Ft: 900
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5462

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Combination
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Refuse: 34.00
  • 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: Yes
  • Condo Co-Op Fee: 367.28
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Tot Lots/Playground, Reserved/Assigned Parking, Swimming Pool
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Parking Fee, Sewer, Snow Removal, Water, Pool(s)
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: 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: 49000.00
  • Land Assessed Value: 21000.00
  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1918.00
  • Property Condition: Very Good
  • Year Assessed: 2018
  • Zoning: MXT
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 14635344
  • Tax Annual Amount: 1265.00
  • Assessor Parcel Number: 17202241685
  • Tax Page Number: 929
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 05/14/2019

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2023
Closed on
Mar 8, 2023
Sold by
Qasim Wisam
Bought by
Zans Carlos A Herrera
Seller's Agent
Jacques Thimothee
Bennett Realty Solutions
Buyer's Agent
Eduardo Espichan
Samson Properties
List Price
$165,000
Sold Price
$141,000
Premium/Discount to List
-$24,000
-14.55%
Views
174
Current Estimated Value
$152,772

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,772
Avg. Annual Appreciation
3.54%

Purchase Details

Listed on
Feb 25, 2019
Closed on
May 14, 2019
Sold by
Hall Lotlyn and Mccreary Karen Andrea
Bought by
Qasim Wisam
Seller's Agent
Rashaan Jennings
RE/MAX Leading Edge
Buyer's Agent
Jacques Thimothee
Bennett Realty Solutions
List Price
$99,000
Sold Price
$90,000
Premium/Discount to List
-$9,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.47%

Purchase Details

Closed on
Nov 20, 2015
Sold by
Hall Lotlyn
Bought by
Hall Lotlyn and Mccreary Karen Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,617
Interest Rate
3.83%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 3, 1990
Sold by
Murray Jerome S
Bought by
Hall Lotlyn
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 $141,000 --
Deed $90,000 None Available
Interfamily Deed Transfer -- Avenue 365 Lender Services
Deed $55,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $20,617 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2023 03/08/23 Sold $141,000 -14.5% $157 / Sq Ft
01/26/2023 01/26/23 For Sale $165,000 +83.3% $183 / Sq Ft
05/14/2019 05/14/19 Sold $90,000 -9.1% $100 / Sq Ft
05/06/2019 05/06/19 Pending -- -- --
02/25/2019 02/25/19 For Sale $99,000 -- $110 / 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 $2,228 $111,900 $0 $0
2023 $2,077 $100,000 $30,000 $70,000
2022 $1,895 $90,000 $0 $0
2021 $1,713 $80,000 $0 $0
2020 $3,068 $70,000 $21,000 $49,000
2019 $1,290 $65,333 $0 $0
2018 $0 $60,667 $0 $0
2017 $817 $56,000 $0 $0
2016 -- $47,333 $0 $0
2015 $1,480 $38,667 $0 $0
2014 $1,480 $30,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDPG501198

Bright MLS

APN: 20-2241685