NOT LISTED FOR SALE

5502 Oakbrook Place Lanham, MD 20706

Estimated Value: $452,000 - $529,000

3 Beds
3 Baths
1,314 Sq Ft
$364/Sq Ft Est. Value

Last Sold April 24, 2015

Last sale price $223,900 $170 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $2,934/month

Highlights

  • 1 Fireplace
  • Forced Air Heating and Cooling System
  • Combination Kitchen and Dining Room
  • No HOA

About This Home

As of April 2015

Split Foyer home with large yard and finished basement. Near shopping and main thorough fares. Property is being sold via an online marketing event. Homesearch. Financed offers require a prequal from Green light loans.

Last Agent to Sell the Property

George Patterson

(301) 526-5212 gdp@phoenixrealestatesolutions.com Phoenix Real Estate Solutions License #BR702492 Listed on: 11/29/2014

Last Buyer's Agent

Carrie Carter

(301) 602-5784 carriecarterrealtor01@gmail.com RE/MAX United Real Estate License #74098

RE/MAX United Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,798

Year Built

  • Built in 1993

Lot Details

  • 9,518 Sq Ft Lot
  • Property is zoned R80

Parking

  • Off-Street Parking

Home Design

  • Split Foyer
  • Brick Exterior Construction

Interior Spaces

  • Property has 2 Levels
  • 1 Fireplace
  • Combination Kitchen and Dining Room
  • Finished Basement
  • Rear Basement Entry

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Utilities

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

Community Details

  • No Home Owners Association
  • Seabrook Estates Subdivision

Listing and Financial Details

  • Tax Lot 35
  • Assessor Parcel Number 17202218881
  • $774 Front Foot Fee per year

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,798

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architectural Style: Split Foyer
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Upper 1
  • Year Built: 1993
  • Remarks Public: Split Foyer home with large yard and finished basement. Near shopping and main thorough fares. Property is being sold via an online marketing event. Homesearch. Financed offers require a prequal from Green light loans.
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Combination Kitchen/Dining
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Rear Entrance, Fully Finished
  • Living Area Units: Square Feet
  • Street Number Modifier: 5502

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Construction Materials: Combination, Brick
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Refuse: 356.32
  • 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: No
  • HOA: No
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Improvement Assessed Value: 113000.00
  • Land Assessed Value: 70500.00
  • Lot Size Acres: 0.22
  • Lot Size Area: 9518
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9518.00
  • Year Assessed: 2014
  • Zoning: R80

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14633669
  • Tax Annual Amount: 3798.19
  • Assessor Parcel Number: 17202218881
  • Tax Lot: 35
  • Tax Page Number: 145
  • Tax Total Finished Sq Ft: 1314
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014
  • Close Date: 04/24/2015

Multi Family

  • Front Foot Fee: 774.50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2014
Closed on
Apr 17, 2015
Sold by
Nationstar Mortgage Llc
Bought by
Wright Brisha and Wright Brisha A
Seller's Agent
George Patterson
Phoenix Real Estate Solutions
Buyer's Agent
Carrie Carter
RE/MAX United Real Estate
List Price
$204,000
Sold Price
$223,900
Premium/Discount to List
$19,900
9.75%
Current Estimated Value
$477,763

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$253,863
Avg. Annual Appreciation
7.48%
Original Mortgage
$217,183
Outstanding Balance
$166,887
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$310,876

Purchase Details

Closed on
Oct 22, 2014
Sold by
Taylor Keith
Bought by
Nationstar Mortgage Llc

Purchase Details

Closed on
Nov 5, 1993
Sold by
Welsh Co Inc Th
Bought by
Taylor Jack

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,200
Interest Rate
6.83%
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
Wright Brisha $223,900 Preferred Title & Escrow Inc
Nationstar Mortgage Llc $234,000 Lenderlive Settlement Servic
Taylor Jack $149,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wright Brisha $217,183
Previous Owner Taylor Jack $119,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/24/2015 04/24/15 Sold $223,900 +9.8% $170 / Sq Ft
12/22/2014 12/22/14 Pending -- -- --
11/29/2014 11/29/14 For Sale $204,000 -- $155 / 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 $4,907 $407,933 -- --
2024 $4,907 $399,767 $0 $0
2023 $4,791 $391,600 $71,100 $320,500
2022 $4,642 $385,367 $0 $0
2021 $4,443 $379,133 $0 $0
2020 $4,273 $372,900 $70,500 $302,400
2019 $4,077 $332,900 $0 $0
2018 $3,873 $292,900 $0 $0
2017 $3,701 $252,900 $0 $0
2016 -- $229,767 $0 $0
2015 $4,486 $206,633 $0 $0
2014 $4,486 $183,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • George Patterson

    Seller's Agent in 2015

    George Patterson

    Phoenix Real Estate Solutions

    (301) 526-5212

    14 Total Sales

    George Patterson
    Section Image
  • Carrie Carter

    Buyer's Agent in 2015

    Carrie Carter

    RE/MAX

    (301) 602-5784

    12 Total Sales

    Carrie Carter
    Section Image
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Map

Source: Bright MLS

MLS Number: 1003269976

Bright MLS

APN: 20-2218881

Maryland Prince George's County Lanham 20706

5502 Oakbrook Place, Lanham, MD

This home is located at 5502 Oakbrook Place, Lanham, MD 20706 since 29 November 2014 and is currently estimated at $477,763, approximately $363 per square foot. This property was built in 1993. 5502 Oakbrook Place is a home located in Prince George's County with nearby schools including Seabrook Elementary School, Thomas Johnson Middle School, and Duval High School.

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