NOT LISTED FOR SALE

5525 Packard Place Indian Head, MD 20640

Estimated Value: $486,000 - $529,000

4 Beds
2 Baths
3,048 Sq Ft
$169/Sq Ft Est. Value

Last Sold August 13, 2021

Last sale price $379,900 $125 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $3,383/month

36 Days on Market

Highlights

  • 5.65 Acre Lot
  • 4 Car Detached Garage
  • Central Air
  • No HOA
  • Parking Storage or Cabinetry
  • Combination Kitchen and Dining Room

About This Home

As of August 2021

Calling all Mechanics, This property has 5.46 Acres, Huge Car Barn, 4 bay Garage, 1 has Work Pit, 1 is paint bay with HEAT + AC. Home features 4 bedrooms, 2 baths Large Country Kitchen, Family Room, and huge Sun room and tiered deck. Also features Separate 2 bed, 1 Bath, Kitchen, Laundry Room and Living Room Guest Quarters over Garage. Landscaping company, horses, mechanic.... Endless potential... Home needs updating throughout as well as outbuildings.

Last Agent to Sell the Property

Jeffrey Hamilton

Taylor Properties Listed on: 06/10/2021

Co-Listed By

Michele Hamilton

Taylor Properties

Last Buyer's Agent

Carla Goodwin

Own Real Estate License #5003211

Own Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,165

Year Built

  • Built in 1984

Lot Details

  • 5.65 Acre Lot
  • Property is zoned WCD

Parking

  • 4 Car Detached Garage
  • Parking Storage or Cabinetry
  • Driveway

Home Design

  • Split Level Home

Interior Spaces

  • 3,048 Sq Ft Home
  • Property has 2.5 Levels
  • Ceiling Fan
  • Combination Kitchen and Dining Room
  • Carpet
  • Basement

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on lower level
  • Washer and Dryer Hookup

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank
  • Community Sewer or Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0910003121

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,165

Year Built

Built in 1984

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Level
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2021-06-17
  • Federal Flood Zone: No
  • Year Built: 1984
  • Automatically Close On Close Date: No
  • Remarks Public: Calling all Mechanics, This property has 5.46 Acres, Huge Car Barn, 4 bay Garage, 1 has Work Pit, 1 is paint bay with HEAT + AC. Home features 4 bedrooms, 2 baths Large Country Kitchen, Family Room, and huge Sun room and tiered deck. Also features Separate 2 bed, 1 Bath, Kitchen, Laundry Room and Living Room Guest Quarters over Garage. Landscaping company, horses, mechanic.... Endless potential... Home needs updating throughout as well as outbuildings.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Carpet, Ceiling Fan(s), Combination Kitchen/Dining
  • Levels Count: 2.5
  • Basement: Yes
  • Laundry Type: Hookup, Lower Floor
  • Total Sq Ft: 3048
  • Living Area Sq Ft: 3048
  • Price Per Sq Ft: 124.64
  • Above Grade Finished Sq Ft: 3048
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5525

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

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: 4.00
  • Garage: Yes
  • Garage Features: Additional Storage Area, Oversized
  • Number Of Detached Garage Spaces: 4
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Detached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Community Septic Tank, Private Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • School District: CHARLES COUNTY PUBLIC SCHOOLS
  • School District Key: 121138946901
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 279400.00
  • Land Assessed Value: 109400.00
  • Land Use Code: 012
  • Lot Size Acres: 5.65
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 246114.00
  • Year Assessed: 2021
  • Zoning: WCD
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets Allowed: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 15633666
  • Tax Annual Amount: 5165.00
  • Assessor Parcel Number: 0910003121
  • Tax Total Finished Sq Ft: 3048
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 08/13/2021

MLS Schools

  • School District Name: CHARLES COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2021
Closed on
Aug 11, 2021
Sold by
Demarco Albert Anthony
Bought by
Honesty Lakisha M and Honesty Charles
Seller's Agent
Jeffrey Hamilton
Taylor Properties
Buyer's Agent
Carla Goodwin
Own Real Estate
List Price
$389,900
Sold Price
$379,900
Premium/Discount to List
-$10,000
-2.56%
Current Estimated Value
$515,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,400
Avg. Annual Appreciation
7.86%
Original Mortgage
$373,018
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 16, 2010
Sold by
Harris William E and Harris Joan B
Bought by
Demarco Albert Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,880
Interest Rate
5.11%
Mortgage Type
VA

Purchase Details

Closed on
Nov 10, 1982
Sold by
Ford Leo F and Nellie Gaynor
Bought by
Herbert Arthur M and Herbert Margaret
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
Honesty Lakisha M $379,900 Realty Title Services Inc
Demarco Albert Anthony $320,000 --
Herbert Arthur M $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Honesty Lakisha M $74,500
Previous Owner Honesty Lakisha M $373,018
Previous Owner Demarco Albert Anthony $283,842
Previous Owner Demarco Albert Anthony $296,448
Previous Owner Demarco Albert Anthony $337,517
Previous Owner Demarco Albert Anthony $326,880
Previous Owner Harris Joan B $210,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2021 08/13/21 Sold $379,900 0.0% $125 / Sq Ft
07/16/2021 07/16/21 Pending -- -- --
07/11/2021 07/11/21 Price Changed $379,900 -2.6% $125 / Sq Ft
07/11/2021 07/11/21 For Sale $389,900 0.0% $128 / Sq Ft
06/27/2021 06/27/21 Pending -- -- --
06/10/2021 06/10/21 For Sale $389,900 0.0% $128 / Sq Ft
08/08/2015 08/08/15 Rented $1,675 0.0% --
08/08/2015 08/08/15 Under Contract -- -- --
06/24/2015 06/24/15 For Rent $1,675 +4.7% --
01/02/2014 01/02/14 Rented $1,600 -3.0% --
01/02/2014 01/02/14 Under Contract -- -- --
10/28/2013 10/28/13 For Rent $1,650 -- --
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 $6,917 $496,200 $0 $0
2023 $6,323 $442,500 $0 $0
2022 $5,448 $388,800 $109,400 $279,400
2021 $11,461 $388,800 $109,400 $279,400
2020 $5,408 $388,800 $109,400 $279,400
2019 $10,895 $400,000 $112,100 $287,900
2018 $5,096 $386,967 $0 $0
2017 $4,953 $373,933 $0 $0
2016 -- $360,900 $0 $0
2015 $3,737 $343,367 $0 $0
2014 $3,737 $325,833 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDCH225474

Bright MLS

APN: 10-003121