NOT LISTED FOR SALE

5502 Karen Elaine Dr Unit 925 New Carrollton, MD 20784

Estimated Value: $153,000 - $167,000

2 Beds
1 Bath
867 Sq Ft
$424/mo HOA Fee

Last Sold April 29, 2023

Last sale price $145,000 $167 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,472/month

About This Home

As of April 2023

Welcome to your New Home!!!!!!
Updated 2nd level - 2bedroom/1bath garden style condo (secured building) in Frenchmen's Creek development in New Carrollton, Maryland. Updated flooring throughout unit. Unit has open concept living/dining area, large bedrooms (master bedroom has a walk-in closet) and secondary bedroom has a deep closet for all your many storage needs. Three piece bathroom has been recently updated. You won't believe how much natural light comes through the windows, and you get to enjoy your spacious outside balcony for the upcoming spring/summer. Located within minutes to shopping, public transportation and 495. This won't last long at this GREAT price.

Last Agent to Sell the Property

Ricardo Washington

(240) 907-1770 docsellshomes.dmv@aol.com Samson Properties License #5005686 Listed on: 03/28/2023

Samson Properties

Co-Listed By

Rashad Henderson

(646) 299-2941 rashad@nickelblue.com Samson Properties License #0225238819

Last Buyer's Agent

Ricardo Washington

(240) 907-1770 docsellshomes.dmv@aol.com Samson Properties License #5005686 Listed on: 03/28/2023

Samson Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,197

Year Built

  • Built in 1964

Lot Details

  • 3,833

HOA Fees

  • $424 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Entry on the 2nd floor
  • Brick Exterior Construction

Interior Spaces

  • 867 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Lot

Accessible Home Design

  • Doors are 32 inches wide or more

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 17202264901

Community Details

Overview

  • Association fees include common area maintenance, trash, water, snow removal, gas
  • Low-Rise Condominium
  • Frenchmans Creek Condo Community
  • Frenchmans Creek Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,197

Year Built

Built in 1964

Lot Details

0

HOA Fees

$424 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional
  • Accessibility Features: 32"+ Wide Doors
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-03-28
  • Year Built: 1964
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Entry Floor: 2
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 867
  • Living Area Sq Ft: 867
  • Price Per Sq Ft: 166.09
  • Above Grade Finished Sq Ft: 867
  • Above Grade Finished Area Units: Square Feet

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: Brick
  • 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: Parking Lot
  • Parking Lot Number Of Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 424.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Trash, Water, Snow Removal, Gas
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Zoning: R18
  • In City Limits: No

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2197.00
  • Assessor Parcel Number: 17202264901
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2020
Closed on
Feb 16, 2021
Sold by
Obazuaye Semi O
Bought by
Talbert Morgane K
Seller's Agent
Adeyinka Ogunsanya
Ultimate Properties, LLC.
Buyer's Agent
Shelley Cunningham
Coachmen Properties, LLC
List Price
$130,000
Sold Price
$130,000
Current Estimated Value
$158,797

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,797
Avg. Annual Appreciation
4.27%
Original Mortgage
$123,500
Outstanding Balance
$109,952
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$48,845

Purchase Details

Closed on
Apr 7, 2017
Sold by
Jlori Olufemi
Bought by
Obazuaye Semi O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,724
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 2, 2014
Sold by
Mullings Joan A
Bought by
Llori Olufemi

Purchase Details

Closed on
Oct 11, 2006
Sold by
Ogunde Oladele
Bought by
Mullings Joan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,000
Interest Rate
6.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 21, 2006
Sold by
Ogunde Oladele
Bought by
Mullings Joan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,000
Interest Rate
6.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 8, 2006
Sold by
Burch Cynthia N
Bought by
Ogunde Oladele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
10%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 24, 2006
Sold by
Burch Cynthia N
Bought by
Ogunde Oladele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
10%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 16, 1991
Sold by
Wei Benjamin C
Bought by
Burch Cynthia N
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Talbert Morgane K $130,000 Turnkey Title Llc
Obazuaye Semi O $77,500 Awo Title Llc
Llori Olufemi $38,500 Commonwealth Land Title Insu
Mullings Joan A $160,000 --
Mullings Joan A $160,000 --
Ogunde Oladele $120,000 --
Ogunde Oladele $120,000 --
Burch Cynthia N $54,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Talbert Morgane K $123,500
Previous Owner Obazuaye Semi O $19,724
Previous Owner Mullings Joan A $16,000
Previous Owner Mullings Joan A $128,000
Previous Owner Mullings Joan A $128,000
Previous Owner Ogunde Oladele $108,000
Previous Owner Ogunde Oladele $108,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/29/2023 04/29/23 Sold $145,000 +0.7% $167 / Sq Ft
03/28/2023 03/28/23 Pending -- -- --
03/28/2023 03/28/23 For Sale $144,000 +10.8% $166 / Sq Ft
02/16/2021 02/16/21 Sold $130,000 0.0% $150 / Sq Ft View Prior Sale
12/23/2020 12/23/20 Pending -- -- --
12/17/2020 12/17/20 For Sale $130,000 -- $150 / 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 $2,530 $135,733 -- --
2024 $2,530 $127,867 $0 $0
2023 $2,461 $120,000 $36,000 $84,000
2022 $2,197 $105,667 $0 $0
2021 $1,932 $91,333 $0 $0
2020 $1,669 $77,000 $23,100 $53,900
2019 $1,389 $70,333 $0 $0
2018 $1,413 $63,667 $0 $0
2017 $1,107 $57,000 $0 $0
2016 -- $48,667 $0 $0
2015 $2,071 $40,333 $0 $0
2014 $2,071 $32,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ricardo Washington

    Seller's Agent in 2023

    Ricardo Washington

    Samson Properties

    (240) 907-1770

    1 in this area

    4 Total Sales

    Ricardo Washington
    Section Image
  • Rashad Henderson

    Seller Co-Listing Agent in 2023

    Rashad Henderson

    Samson Properties

    (646) 299-2941

    1 in this area

    85 Total Sales

    Rashad Henderson
    Section Image
  • Adeyinka Ogunsanya

    Seller's Agent in 2021

    Adeyinka Ogunsanya

    Ultimate Properties, LLC.

    (301) 237-7455

    2 in this area

    114 Total Sales

    Adeyinka Ogunsanya
    Section Image
  • Shelley Cunningham

    Buyer's Agent in 2021

    Shelley Cunningham

    Coachmen Properties, LLC

    (240) 300-4637

    1 in this area

    54 Total Sales

    Shelley Cunningham
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDPG2073952

Bright MLS

APN: 20-2264901

Maryland Prince George's County New Carrollton 20784

5502 Karen Elaine Dr Unit 925, New Carrollton, MD

Not Listed for Sale

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