NOT LISTED FOR SALE

5505 Karen Elaine Dr Unit 1003 New Carrollton, MD 20784

Estimated Value: $110,000 - $134,000

1 Bed
1 Bath
738 Sq Ft
$281/mo HOA Fee

Last Sold May 23, 2023

Last sale price $77,500 $105 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $1,110/month

48 Days on Market

Highlights

  • Colonial Architecture
  • Brick Front
  • Forced Air Heating and Cooling System

About This Home

As of May 2023

Built in 1964 and located in the Frenchmans Creek Condominium Community, this
condo offers approximately 738 finished square feet, one bedroom and one full
bath. This property needs some TLC.

Last Agent to Sell the Property

Sherry Price

RealHome Services and Solutions, Inc. License #654814 Listed on: 01/12/2023

Last Buyer's Agent

Joaquin Cerritos

RE/MAX Realty Group License #579232

RE/MAX Realty Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,602

Year Built

  • Built in 1964

Lot Details

  • 3,833

HOA Fees

  • $281 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Front

Interior Spaces

  • 738 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 17202268019

Community Details

Overview

  • Low-Rise Condominium
  • Frenchmans Creek Subdivision

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,602

Year Built

Built in 1964

Lot Details

0

HOA Fees

$281 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Colonial
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1964
  • Automatically Close On Close Date: No
  • Remarks Public: Built in 1964 and located in the Frenchmans Creek Condominium Community, this condo offers approximately 738 finished square feet, one bedroom and one full bath. This property needs some TLC.
  • Special Features: Auction
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Entry Floor: 1
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 738
  • Living Area Sq Ft: 738
  • Price Per Sq Ft: 123.52
  • Above Grade Finished Sq Ft: 738
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5505

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • 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, Brick Front, Brick Veneer
  • Roof: Unknown
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

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: 281.00
  • Condo Co-Op Fee Frequency: Monthly
  • 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: 63000.00
  • Land Assessed Value: 27000.00
  • Land Use Code: U
  • Lot Dimensions: 3840
  • Year Assessed: 2023
  • Zoning: R18
  • In City Limits: Yes

Rental Info

  • Pets Allowed: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14674918
  • Tax Annual Amount: 1602.00
  • Assessor Parcel Number: 17202268019
  • Tax Page Number: 1
  • Tax Total Finished Sq Ft: 738
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 05/23/2023

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2023
Closed on
May 2, 2023
Sold by
Novastar Mortgage Funding Trust
Bought by
Ramirez Julio A and Ramirez Leydi Patricia
Seller's Agent
Sherry Price
RealHome Services and Solutions, Inc.
Buyer's Agent
Joaquin Cerritos
RE/MAX Realty Group
List Price
$91,160
Sold Price
$77,500
Premium/Discount to List
-$13,660
-14.98%
Views
103
Current Estimated Value
$124,307

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,807
Avg. Annual Appreciation
17.93%

Purchase Details

Closed on
Mar 20, 2023
Sold by
Oliveri Robert
Bought by
Fremont Home Loan Trust

Purchase Details

Closed on
Oct 17, 2006
Sold by
Fulton Marlon G
Bought by
Belle Kamal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,000
Interest Rate
6.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 11, 2006
Sold by
Fulton Marlon G
Bought by
Belle Kamal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,000
Interest Rate
6.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 5, 2004
Sold by
Russakov Loren S and Russakov Barbara Z
Bought by
Fulton Marlon G and Unit 1003

Purchase Details

Closed on
Jul 29, 2004
Sold by
Russakov Loren S and Russakov Barbara Z
Bought by
Fulton Marlon G and Unit 1003
Source: Public Records

Range of Values:

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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
Ramirez Julio A $77,500 None Listed On Document
Novastar Mortgage Funding Trust $1,054,660 None Listed On Document
Fremont Home Loan Trust $97,750 None Listed On Document
Belle Kamal $120,000 --
Belle Kamal $120,000 --
Fulton Marlon G $63,000 --
Fulton Marlon G $63,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Belle Kamal $24,000
Previous Owner Belle Kamal $96,000
Previous Owner Belle Kamal $96,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2023 05/23/23 Sold $77,500 -15.0% $105 / Sq Ft
03/01/2023 03/01/23 Pending -- -- --
01/12/2023 01/12/23 For Sale $91,160 -- $124 / 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 $1,871 $93,667 $0 $0
2023 $1,877 $90,000 $27,000 $63,000
2022 $1,201 $75,333 $0 $0
2021 $1,602 $60,667 $0 $0
2020 $1,046 $46,000 $13,800 $32,200
2019 $836 $42,333 $0 $0
2018 $906 $38,667 $0 $0
2017 $756 $35,000 $0 $0
2016 -- $31,333 $0 $0
2015 $2,106 $27,667 $0 $0
2014 $2,106 $24,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2023

    Sherry Price

    RealHome Services and Solutions, Inc.

    (770) 612-7322

    1 in this area

    752 Total Sales

    Sherry Price
    Section Image
  • Joaquin Cerritos

    Buyer's Agent in 2023

    Joaquin Cerritos

    Remax Realty Group

    (301) 404-2783

    3 in this area

    284 Total Sales

    Joaquin Cerritos
    Section Image
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Map

Source: Bright MLS

MLS Number: MDPG2067416

Bright MLS

APN: 20-2268019

Maryland Prince George's County New Carrollton 20784

5505 Karen Elaine Dr Unit 1003, New Carrollton, MD

This home is located at 5505 Karen Elaine Dr Unit 1003, New Carrollton, MD 20784 since 12 January 2023 and is currently estimated at $124,307, approximately $168 per square foot. This property was built in 1964. 5505 Karen Elaine Dr Unit 1003 is a home located in Prince George's County with nearby schools including Glenridge Elementary School, Charles Carroll Middle School, and Parkdale High School.

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