NOT LISTED FOR SALE

5502 40th Ave Hyattsville, MD 20781

Estimated Value: $479,000 - $544,000

3 Beds
2 Baths
1,348 Sq Ft
$382/Sq Ft Est. Value

Last Sold May 20, 2021

Last sale price $373,650 $277 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $3,463/month

20 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Heating Available
  • 1 Fireplace
  • 1 Car Detached Garage

About This Home

As of May 2021

List price to be opening bid. Online Auction Only! Bidding begins Thursday, April 29th & ends Tuesday, May 4, 2021 at 12:30pm. Detached Single Family Porch-Front Home in Hyattsville, PG County with 3 bedrooms and 2 full baths. Renovation Opportunity. The house is not occupied. The property is well located near Rt 1, Rt 500 & Rt 410, and the MD/DC line. Food stores nearby include Giant Food & Safeway; the Mall at Prince George's, restaurants and other attractions are close by. Features: Fenced in rear yard, detached garage, covered front porch, fireplace, driveway on left side of house, wood type floors in the living and dining rooms and more. Interior pictures and detailed description coming very soon.

Last Agent to Sell the Property

Larry Cooper

Alex Cooper Auctioneers, Inc. Listed on: 04/14/2021

Last Buyer's Agent

Dorine Jones

Bennett Realty Solutions License #589284

Bennett Realty Solutions

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,301

Year Built

  • Built in 1931

Lot Details

  • 5,000 Sq Ft Lot
  • Property is zoned R55

Parking

  • 1 Car Detached Garage
  • On-Street Parking

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,348 Sq Ft Home
  • Property has 3 Levels
  • 1 Fireplace
  • Basement

Bedrooms and Bathrooms

Utilities

  • Heating Available

Community Details

  • No Home Owners Association
  • Hyattsville Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 17161796739

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,301

Year Built

Built in 1931

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1931
  • Automatically Close On Close Date: No
  • Remarks Public: List price to be opening bid. Online Auction Only! Bidding begins Thursday, April 29th & ends Tuesday, May 4, 2021 at 12:30pm. Detached Single Family Porch-Front Home in Hyattsville, PG County with 3 bedrooms and 2 full baths. Renovation Opportunity. The house is not occupied. The property is well located near Rt 1, Rt 500 & Rt 410, and the MD/DC line. Food stores nearby include Giant Food & Safeway; the Mall at Prince George's, restaurants and other attractions are close by. Features: Fenced in rear yard, detached garage, covered front porch, fireplace, driveway on left side of house, wood type floors in the living and dining rooms and more. Interior pictures and detailed description coming very soon.
  • Special Features: Auction
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Levels Count: 3
  • Basement: Yes
  • Total Sq Ft: 1348
  • Living Area Sq Ft: 1348
  • Price Per Sq Ft: 147.63
  • Above Grade Finished Sq Ft: 1348
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5502

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: On Street, Detached Garage

Utilities

  • Refuse: 81.00
  • Central Air Conditioning: No
  • 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: 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: 249900.00
  • Land Assessed Value: 125100.00
  • Land Use Code: 011
  • Lot Size Acres: 0.11
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5000.00
  • Year Assessed: 2021
  • Zoning: R55
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14699903
  • Tax Annual Amount: 7301.00
  • Assessor Parcel Number: 17161796739
  • Tax Lot: 1
  • Tax Page Number: 248
  • Tax Total Finished Sq Ft: 1348
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 05/20/2021

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2021
Closed on
May 19, 2021
Sold by
Residential Value Llc
Bought by
Taylor Khadhyja
Seller's Agent
Larry Cooper
Alex Cooper Auctioneers, Inc.
Buyer's Agent
Dorine Jones
Bennett Realty Solutions
List Price
$199,000
Sold Price
$373,650
Premium/Discount to List
$174,650
87.76%
Current Estimated Value
$515,035

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,385
Avg. Annual Appreciation
6.98%

Purchase Details

Closed on
Oct 30, 2020
Sold by
Nestor Joseph M
Bought by
Residential Value Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,000
Interest Rate
2.8%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 14, 1994
Sold by
Johnson Kenneth D
Bought by
Nestor Joseph M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,250
Interest Rate
8.43%

Purchase Details

Closed on
Apr 15, 1975
Sold by
Chesley William F
Bought by
Johnson Kenneth D and Johnson Ruth A
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 Buyer Sale Price Title Company
Taylor Khadhyja $373,650 Celebrate Setmnt Svcs Llc
Residential Value Llc $235,000 Gemini Title & Escrow Llc
Nestor Joseph M $95,000 --
Johnson Kenneth D $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Residential Value Llc $219,000
Previous Owner Nestor Joseph M $224,000
Previous Owner Nestor Joseph M $209,950
Previous Owner Nestor Joseph M $193,000
Previous Owner Nestor Joseph M $90,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2021 05/20/21 Sold $373,650 +87.8% $277 / Sq Ft
05/04/2021 05/04/21 Pending -- -- --
04/14/2021 04/14/21 For Sale $199,000 -- $148 / 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 $7,938 $393,000 $140,200 $252,800
2023 $7,782 $387,000 $0 $0
2022 $11,353 $381,000 $0 $0
2021 $7,470 $375,000 $125,100 $249,900
2020 $11,426 $366,233 $0 $0
2019 $6,838 $357,467 $0 $0
2018 $4,816 $348,700 $75,100 $273,600
2017 $4,346 $308,200 $0 $0
2016 -- $267,700 $0 $0
2015 $4,280 $227,200 $0 $0
2014 $4,280 $227,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Larry Cooper

    Seller's Agent in 2021

    Larry Cooper

    Alex Cooper Auctioneers, Inc.

    (410) 977-4708

    2 in this area

    525 Total Sales

    Larry Cooper
    Section Image
  • Dorine Jones

    Buyer's Agent in 2021

    Dorine Jones

    Bennett Realty Solutions

    (240) 462-6644

    1 in this area

    10 Total Sales

    Dorine Jones
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDPG603080

Bright MLS

APN: 16-1796739

Maryland Prince George's County Hyattsville 20781

5502 40th Ave, Hyattsville, MD

This home is located at 5502 40th Ave, Hyattsville, MD 20781 since 14 April 2021 and is currently estimated at $515,035, approximately $382 per square foot. This property was built in 1931. 5502 40th Ave is a home located in Prince George's County with nearby schools including Hyattsville Elementary School, Hyattsville Middle School, and Northwestern High School.

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