NOT LISTED FOR SALE

5602 Jeffrey Ave Lanham, MD 20706

Estimated Value: $396,000 - $463,000

4 Beds
2 Baths
1,728 Sq Ft
$249/Sq Ft Est. Value

Last Sold March 01, 2022

Last sale price $391,000 $226 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,625/month

101 Days on Market

Highlights

  • Rambler Architecture
  • No HOA
  • Cul-De-Sac
  • Wood Flooring
  • Stainless Steel Appliances
  • Wainscoting

About This Home

As of March 2022

Seller offering $5000 towards closing costs. BRAND NEW HVAC and Dishwasher. $5000 towards buyer closing costs. Two-level Rancher with wood floors on the main level. Fresh paint. Wainscoting Stainless appliances, fenced-in backyard. New roof. Large driveway and street parking. The basement has a walkout. Desirable neighborhood close to Rte 495. Walk to the Library, two blocks away. Buses to UMD.

Last Agent to Sell the Property

Sarah Reynolds

(703) 679-1700 klrw319@kw.com Keller Williams Realty License #0225174916 Listed on: 10/18/2021

Keller Williams Realty

Last Buyer's Agent

Peter Wu

(301) 972-5588 peter25168@gmail.com Libra Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,883

Year Built

  • Built in 1954

Lot Details

  • 10,004 Sq Ft Lot
  • Cul-De-Sac
  • Back Yard Fenced
  • Property is zoned RR

Parking

  • Driveway

Home Design

  • Rambler Architecture
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • Wainscoting
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring

Kitchen

  • Stove
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • En-Suite Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Laundry in Basement

Utilities

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

Community Details

  • No Home Owners Association
  • Lanham Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 17202252294

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,883

Year Built

Built in 1954

Lot Details

10,004 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main
  • Expected On Market: 2021-10-20
  • Year Built: 1954
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Stainless Steel Appliances, Stove, Washer
  • Flooring Type: Hardwood
  • Interior Amenities: Primary Bath(s), Wainscotting, Wood Floors
  • Foundation Details: Other
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Laundry, Primary Bathroom, Full Bath
  • Basement: Yes
  • Basement Type: Partially Finished, Walkout Stairs
  • Laundry Type: Basement
  • Total Sq Ft: 1728
  • Living Area Sq Ft: 1728
  • Price Per Sq Ft: 461.81
  • Above Grade Finished Sq Ft: 864
  • Below Grade Finished Sq Ft: 864
  • Total Below Grade Sq Ft: 864
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 2
  • All Lower Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

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: 195400.00
  • Land Assessed Value: 71200.00
  • Lot Features: Cul-De-Sac
  • Lot Size Acres: 0.23
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10004.00
  • Zoning: RR
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14636138
  • Tax Annual Amount: 3883.00
  • Assessor Parcel Number: 17202252294
  • Tax Lot: 3
  • Tax Page Number: 594
  • 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
Oct 18, 2021
Closed on
Mar 1, 2022
Sold by
Benedicta Balagtas
Bought by
Young Michelle Pingchen and Young Mickey Hua
Seller's Agent
Sarah Reynolds
Keller Williams Realty
Buyer's Agent
Peter Wu
Libra Realty, LLC
List Price
$399,000
Sold Price
$391,000
Premium/Discount to List
-$8,000
-2.01%
Current Estimated Value
$430,227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,227
Avg. Annual Appreciation
2.44%
Original Mortgage
$293,250
Outstanding Balance
$273,404
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$156,823

Purchase Details

Closed on
Feb 18, 2004
Sold by
Yerby Sean P
Bought by
Balagtas Benedicta and Balagtas George J

Purchase Details

Closed on
Jun 26, 2003
Sold by
Ridgeway Ernest B and Ridgeway Doris A
Bought by
Yerby Sean P
Source: Public Records
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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
Young Michelle Pingchen $391,000 Landmark Title
Balagtas Benedicta $219,500 --
Yerby Sean P $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Young Michelle Pingchen $293,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2022 03/01/22 Sold $391,000 -2.0% $226 / Sq Ft
01/27/2022 01/27/22 Pending -- -- --
01/21/2022 01/21/22 For Sale $399,000 +2.0% $231 / Sq Ft
01/17/2022 01/17/22 Off Market $391,000 -- --
01/13/2022 01/13/22 Price Changed $399,000 -1.5% $231 / Sq Ft
11/22/2021 11/22/21 Price Changed $405,000 -1.2% $234 / Sq Ft
11/10/2021 11/10/21 Price Changed $410,000 -3.5% $237 / Sq Ft
10/18/2021 10/18/21 For Sale $425,000 -- $246 / Sq Ft
Source: Bright MLS

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 $4,980 $349,933 -- --
2024 $4,980 $308,267 -- --
2023 $4,359 $266,600 $71,200 $195,400
2022 $4,201 $255,933 $0 $0
2021 $4,042 $245,267 $0 $0
2020 $3,884 $234,600 $70,600 $164,000
2019 $3,099 $216,433 $0 $0
2018 $3,344 $198,267 $0 $0
2017 $2,846 $180,100 $0 $0
2016 -- $164,767 $0 $0
2015 $3,075 $149,433 $0 $0
2014 $3,075 $134,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDPG2000785

Bright MLS

APN: 20-2252294

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