NOT LISTED FOR SALE

5601 Parker House Terrace Hyattsville, MD 20782

Estimated Value: $87,000 - $108,000

1 Bed
1 Bath
704 Sq Ft
$478/mo HOA Fee

Last Sold August 28, 2020

Last sale price $75,000 $107 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,078/month

41 Days on Market

Highlights

  • Fitness Center
  • Community Pool
  • Forced Air Heating and Cooling System
  • Colonial Architecture

About This Home

As of August 2020

Wonderful condo conversion. Price recently reduced. Close to everything. Giant food is located within walking distance, Walmart is a short drive away. Located close to DC and Fort Totten Metro Station. Shows well. Updated kitchen and Bath room. Great Value!

Last Agent to Sell the Property

De'Larue Shelton

Samson Properties Listed on: 06/26/2020

Samson Properties

Last Buyer's Agent

Mr. Sander Moore

Keller Williams Realty Centre License #675981

Keller Williams Realty Centre

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $845

Year Built

  • Built in 1955

Lot Details

  • 348

HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 704 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Parking Lot

Additional Features

  • Accessible Elevator Installed
  • Two or More Common Walls
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 17173751757

Community Details

Overview

  • Association fees include air conditioning, all ground fee, common area maintenance, custodial services maintenance, exterior building maintenance, heat, lawn care front, lawn care rear, lawn care side, lawn maintenance, management, reserve funds, water
  • Barkan Management HOA
  • Low-Rise Condominium
  • The Fairmont 5601 Condo Community
  • The Fairmont 5601 Condo Subdivision

Recreation

  • Fitness Center
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$845

Year Built

Built in 1955

Lot Details

0

HOA Fees

$478 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Colonial
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2020-06-29
  • Year Built: 1955
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Entry Floor: 1
  • Common Walls: 2+ Common Walls
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 704
  • Living Area Sq Ft: 704
  • Price Per Sq Ft: 112.92
  • Above Grade Finished Sq Ft: 704
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5601

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
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 1

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 1.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 476.96
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Exercise Room
  • HOA Condo Co-Op Fee Includes: Air Conditioning, All Ground Fee, Common Area Maintenance, Custodial Services Maintenance, Ext Bldg Maint, Heat, Lawn Care Front, Lawn Care Rear, Lawn Care Side, Lawn Maintenance, Management, Reserve Funds, Water
  • HOA Name: BARKAN MANAGEMENT
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
  • School District Key: 121137599599
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 011
  • Year Assessed: 2020
  • Zoning: R10
  • In City Limits: No

Rental Info

  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Tax Annual Amount: 845.00
  • Assessor Parcel Number: 17173751757
  • Tax Total Finished Sq Ft: 704
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 08/28/2020

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2020
Closed on
Aug 26, 2020
Sold by
Chaibi Karim and Berg Lora Jane
Bought by
Leiva Jose Ramon
Seller's Agent
De'Larue Shelton
Samson Properties
Buyer's Agent
Mr. Sander Moore
Keller Williams Realty Centre
List Price
$85,000
Sold Price
$75,000
Premium/Discount to List
-$10,000
-11.76%
Current Estimated Value
$96,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,705
Avg. Annual Appreciation
5.45%

Purchase Details

Listed on
May 9, 2014
Closed on
Aug 28, 2014
Sold by
Wsd Capital Llc
Bought by
Chalbi Karim and Berg Lora Jane
Seller's Agent
Karen Williams
Taylor Properties
Buyer's Agent
Louis Fernheimer
Coldwell Banker Realty
List Price
$69,900
Sold Price
$61,000
Premium/Discount to List
-$8,900
-12.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.50%

Purchase Details

Closed on
Jun 2, 2011
Sold by
Community Development Administration Of
Bought by
Wsd Capital Llc

Purchase Details

Closed on
Nov 29, 2010
Sold by
Contee Adrian C
Bought by
Housing And Comm Dev Admin

Purchase Details

Closed on
Sep 18, 2006
Sold by
Ag Fcp 1001 Chllum Rd Owner Ll
Bought by
Contee Adrian C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
6.8%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 26, 2006
Sold by
Ag Fcp 1001 Chllum Rd Owner Ll
Bought by
Contee Adrian C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
6.8%
Mortgage Type
Unknown
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
Leiva Jose Ramon $75,000 Masters Title & Escrow
Chalbi Karim $61,000 First American Title Ins Co
Wsd Capital Llc $38,325 First American Title Insuran
Housing And Comm Dev Admin $1,355,420 --
Contee Adrian C $161,900 --
Contee Adrian C $161,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Riel Ryan A $782,000
Previous Owner Wsd Capital Llc $154,700
Previous Owner Contee Adrian C $10,000
Previous Owner Contee Adrian C $161,900
Previous Owner Contee Adrian C $161,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2020 08/28/20 Sold $75,000 -5.7% $107 / Sq Ft
08/07/2020 08/07/20 Pending -- -- --
07/30/2020 07/30/20 Price Changed $79,499 -0.6% $113 / Sq Ft
07/14/2020 07/14/20 Price Changed $79,999 -5.9% $114 / Sq Ft
06/26/2020 06/26/20 For Sale $85,000 +39.3% $121 / Sq Ft
08/29/2014 08/29/14 Sold $61,000 -12.7% $87 / Sq Ft
07/25/2014 07/25/14 Pending -- -- --
07/09/2014 07/09/14 For Sale $69,900 0.0% $99 / Sq Ft
06/12/2014 06/12/14 Pending -- -- --
05/09/2014 05/09/14 Price Changed $69,900 -12.5% $99 / Sq Ft
05/09/2014 05/09/14 For Sale $79,900 -- $113 / 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 $793 $73,000 $21,900 $51,100
2023 $793 $71,333 $0 $0
2022 $1,058 $69,667 $0 $0
2021 $1,033 $68,000 $20,400 $47,600
2020 $984 $64,667 $0 $0
2019 $878 $61,333 $0 $0
2018 $885 $58,000 $15,000 $43,000
2017 $822 $55,333 $0 $0
2016 -- $52,667 $0 $0
2015 $2,003 $50,000 $0 $0
2014 $2,003 $50,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDPG572520

Bright MLS

APN: 17-3751757