NOT LISTED FOR SALE

5515 Belva Place Lanham, MD 20706

Estimated Value: $475,000 - $523,000

5 Beds
2.5 Baths
2,112 Sq Ft
$237/Sq Ft Est. Value

Last Sold March 14, 2022

Last sale price $475,000 $225 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,069/month

8 Days on Market

Highlights

  • Eat-In Gourmet Kitchen
  • Rambler Architecture
  • Backs to Trees or Woods
  • Open Floorplan
  • Engineered Wood Flooring
  • Main Floor Bedroom

About This Home

As of March 2022

Remarkably and completely renovated home on a quiet, no through street. New HVAC! Main floor boasts a large open floorplan with new flooring, recess lighting, and tons of natural light. The kitchen offers an enormous island, stainless steel appliances, stylish quartz countertops, and glass tile backsplash and opens to the living room and dining area. There are three convenient bedrooms including a master suite with half bathroom and a full hallway bathroom with gorgeous tile shower on the main level. The fully finished lower level has a great rec room, 2 more spacious bedrooms, another room perfect for office, wet bar, laundry, full updated bathroom, and walkout stairs to your rear yard which has a great patio area and deep yard. Exterior features include a large mostly fenced back yard and a driveway with carport for off-street parking. Conveniently located close to shopping, public transportation and major routes.

Last Agent to Sell the Property

Lan Yin

(202) 210-2560 lanyinhomes@gmail.com LuxManor Real Estate, Inc License #SP98357519 Listed on: 02/04/2022

Last Buyer's Agent

Victor Young

(202) 285-8621 vicyoung@kw.com Two Mile Property Solutions LLC License #653581

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,374

Year Built

  • Built in 1962

Lot Details

  • 9,477 Sq Ft Lot
  • Back Yard Fenced
  • No Through Street
  • Backs to Trees or Woods
  • Property is in excellent condition
  • Property is zoned R55

Home Design

  • Rambler Architecture
  • Aluminum Siding

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Wet Bar
  • Chair Railings
  • Crown Molding
  • Recessed Lighting
  • Dining Area
  • Engineered Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Area or Nook
  • Gas Oven or Range
  • Built-In Microwave
  • Extra Refrigerator or Freezer
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Bathtub with Shower

Laundry

  • Laundry on lower level
  • Front Loading Dryer
  • Front Loading Washer

Parking

  • 2 Parking Spaces
  • 1 Driveway Space
  • 1 Detached Carport Space

Outdoor Features

  • Patio
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Whitfield Knolls Subdivision

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 17202221760

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,374

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main
  • Year Built: 1962
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Dryer - Front Loading, Exhaust Fan, Extra Refrigerator/Freezer, Icemaker, Refrigerator, Stainless Steel Appliances, Washer, Washer - Front Loading, Water Heater, Oven/Range - Gas
  • Flooring Type: Engineered Wood
  • Interior Amenities: Breakfast Area, Chair Railings, Combination Kitchen/Dining, Combination Kitchen/Living, Crown Moldings, Dining Area, Entry Level Bedroom, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Island, Primary Bath(s), Recessed Lighting, Tub Shower, Upgraded Countertops, Wet/Dry Bar
  • Fireplace: No
  • Foundation Details: Other
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full, Fully Finished
  • Laundry Type: Lower Floor
  • Total Sq Ft: 2112
  • Living Area Sq Ft: 2112
  • Price Per Sq Ft: 449.81
  • Above Grade Finished Sq Ft: 1056
  • Below Grade Finished Sq Ft: 1056
  • Total Below Grade Sq Ft: 1056
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 3
  • All Lower Level Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding
  • Exterior Features: Exterior Lighting, Sidewalks, Street Lights
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Carport Spaces: 1
  • Garage: No
  • Number Of Detached Carport Spaces: 1
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Detached Carport
  • Number of Spaces in Driveway: 1

Utilities

  • Refuse: 354.00
  • 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

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Fencing: Rear
  • Improvement Assessed Value: 208100.00
  • Land Assessed Value: 71000.00
  • Lot Features: Backs To Trees, No Thru Street
  • Lot Size Acres: 0.22
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9477.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Excellent
  • Zoning: R55
  • In City Limits: No

Rental Info

  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 14633885
  • Tax Annual Amount: 4374.00
  • Assessor Parcel Number: 17202221760
  • Tax Lot: 13
  • Tax Page Number: 115
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2022
Closed on
Mar 14, 2022
Sold by
P Q & T Llc
Bought by
Ramsey Mechelle A
Seller's Agent
Lan Yin
LuxManor Real Estate, Inc
Buyer's Agent
Victor Young
Two Mile Property Solutions LLC
List Price
$469,900
Sold Price
$475,000
Premium/Discount to List
$5,100
1.09%
Current Estimated Value
$500,690

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,690
Avg. Annual Appreciation
1.39%
Original Mortgage
$328,300
Outstanding Balance
$305,939
Interest Rate
3.85%
Mortgage Type
VA
Estimated Equity
$194,751

Purchase Details

Closed on
Dec 6, 2021
Sold by
Koenig Fred E and Koenig Nancy C
Bought by
P Q & T Llc

Purchase Details

Closed on
Jan 24, 1962
Bought by
Koenig Fred E and Koenig Nancy C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ramsey Mechelle A $475,000 First American Title
P Q & T Llc $268,000 Closeline Settlements
Koenig Fred E $17,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramsey Mechelle A $328,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/14/2022 03/14/22 Sold $475,000 0.0% $225 / Sq Ft
02/12/2022 02/12/22 Price Changed $475,000 +1.1% $225 / Sq Ft
02/04/2022 02/04/22 For Sale $469,900 -- $222 / 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 $5,442 $399,633 -- --
2024 $5,442 $339,367 -- --
2023 $4,545 $279,100 $71,000 $208,100
2022 $4,488 $275,267 $0 $0
2021 $3,551 $271,433 $0 $0
2020 $3,514 $267,600 $70,500 $197,100
2019 $3,624 $253,100 $0 $0
2018 $3,546 $238,600 $0 $0
2017 $3,068 $224,100 $0 $0
2016 -- $205,600 $0 $0
2015 $2,948 $187,100 $0 $0
2014 $2,948 $168,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDPG2030380

Bright MLS

APN: 20-2221760