NOT LISTED FOR SALE

5705 40th Place Hyattsville, MD 20781

Estimated Value: $617,844 - $658,000

4 Beds
3 Baths
2,771 Sq Ft
$231/Sq Ft Est. Value

Last Sold April 30, 2024

Last sale price $629,000 $227 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,489/month

128 Days on Market

Highlights

  • Second Kitchen
  • Colonial Architecture
  • No HOA
  • Open Floorplan
  • Main Floor Bedroom
  • Upgraded Countertops

About This Home

As of April 2024

Discover the epitome of modern living at 5705 40th Place, where elegance and functionality intertwine in this beautifully updated 3-story home. With 4 bedrooms 1 den and 3 full baths spread across 2,771 square feet, this residence offers a harmonious blend of comfort and style.Every detail has been meticulously attended to, with a comprehensive update that includes electrical, plumbing, HVAC, and more. Step inside to the main floor, where the living space beckons with Brazilian oak hardwood floors, a warm electric fireplace, and an open layout. The kitchen is a culinary delight, featuring quartz countertops, an island, and a suite of stainless steel appliances, creating an inviting space for both cooking and entertaining.The main floor also hosts 3 bedrooms and 2 full baths, ensuring a seamless living experience. As you ascend to the third level, a massive 582-square-foot room unfolds, spanning from one side of the house to the other. This versatile space holds incredible potential, offering the flexibility to become two additional bedrooms, a studio, or a luxurious entertainment haven.The lower level of this residence unveils a walk-out basement, adding an extra layer of functionality. Complete with 2 bedrooms, a full bath, a kitchenette, and a convenient laundry unit, this space opens up possibilities for extended family living or the potential for rental income.Nestled in the heart of West Hyattsville, 5705 40th Place places you within walking distance of shops, restaurants, and the vibrant Hyattsville Art District. Beyond the charm of its interiors, this home is conveniently located just 5 minutes away from the energy of Washington, DC.Embrace a lifestyle of comfort and possibility at 5705 40th Place. Schedule your visit today to experience firsthand the allure of this impeccably updated residence.

Last Agent to Sell the Property

Arman Khastou

Realty Advantage of Maryland LLC Listed on: 11/14/2023

Last Buyer's Agent

Stuart Naranch

Compass License #0225227409

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,397

Year Built

  • Built in 2014

Lot Details

  • 7,188 Sq Ft Lot
  • Property is zoned RSF65

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Block Foundation

Interior Spaces

  • 2,771 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Crown Molding
  • Electric Fireplace

Kitchen

  • Second Kitchen
  • Upgraded Countertops

Bedrooms and Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Side Basement Entry
  • Sump Pump
  • Basement Windows

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Hyattsville Hills Subdivision

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 17161803469

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,397

Year Built

Built in 2014

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2023-11-14
  • Federal Flood Zone: No
  • Year Built: 2014
  • Automatically Close On Close Date: Yes
  • Remarks Public: Discover the epitome of modern living at 5705 40th Place, where elegance and functionality intertwine in this beautifully updated 3-story home. With 4 bedrooms 1 den and 3 full baths spread across 2,771 square feet, this residence offers a harmonious blend of comfort and style. Every detail has been meticulously attended to, with a comprehensive update that includes electrical, plumbing, HVAC, and more. Step inside to the main floor, where the living space beckons with Brazilian oak hardwood floors, a warm electric fireplace, and an open layout. The kitchen is a culinary delight, featuring quartz countertops, an island, and a suite of stainless steel appliances, creating an inviting space for both cooking and entertaining. The main floor also hosts 3 bedrooms and 2 full baths, ensuring a seamless living experience. As you ascend to the third level, a massive 582-square-foot room unfolds, spanning from one side of the house to the other. This versatile space holds incredible potential, offering the flexibility to become two additional bedrooms, a studio, or a luxurious entertainment haven. The lower level of this residence unveils a walk-out basement, adding an extra layer of functionality. Complete with 2 bedrooms, a full bath, a kitchenette, and a convenient laundry unit, this space opens up possibilities for extended family living or the potential for rental income. Nestled in the heart of West Hyattsville, 5705 40th Place places you within walking distance of shops, restaurants, and the vibrant Hyattsville Art District. Beyond the charm of its interiors, this home is conveniently located just 5 minutes away from the energy of Washington, DC. Embrace a lifestyle of comfort and possibility at 5705 40th Place. Schedule your visit today to experience firsthand the allure of this impeccably updated residence.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: 2nd Kitchen, Combination Dining/Living, Combination Kitchen/Dining, Crown Moldings, Entry Level Bedroom, Floor Plan - Open, Upgraded Countertops
  • Fireplace Features: Electric
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 3
  • Room Count: 5
  • Basement: Yes
  • Basement Type: Daylight, Full, Full, Fully Finished, Interior Access, Outside Entrance, Windows, Sump Pump, Side Entrance
  • Total Sq Ft: 2771
  • Living Area Sq Ft: 2771
  • Price Per Sq Ft: 226.99
  • Above Grade Finished Sq Ft: 2771
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5705

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 2
  • All Lower Level Bedrooms: 2
  • Lower Level Bedroom: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

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: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central
  • 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
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Land Use Code: R
  • Lot Size Acres: 0.17
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7188.00
  • Year Assessed: 2023
  • Zoning: RSF65
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 9397.00
  • Assessor Parcel Number: 17161803469
  • Tax Lot: 8
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 04/30/2024

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2023
Closed on
Apr 30, 2024
Sold by
Sefiani Ilhama and Sefiani Ilhame
Bought by
Siegel Lauren and Conklin Elliott
Seller's Agent
Arman Khastou
Realty Advantage of Maryland LLC
Buyer's Agent
Stuart Naranch
Compass
List Price
$649,000
Sold Price
$629,000
Premium/Discount to List
-$20,000
-3.08%
Views
396
Current Estimated Value
$640,961

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,961
Avg. Annual Appreciation
1.45%
Original Mortgage
$584,000
Outstanding Balance
$576,213
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$64,748

Purchase Details

Closed on
Oct 22, 2008
Sold by
Kash Inc
Bought by
Sefiani Ilhama

Purchase Details

Closed on
Oct 20, 2008
Sold by
Harrison Bruce and Harrison Dolores P
Bought by
Kash Inc

Purchase Details

Closed on
Oct 17, 2008
Sold by
Kash Inc
Bought by
Sefiani Ilhama

Purchase Details

Closed on
Sep 3, 1970
Sold by
Potomac Valley
Bought by
Harrison Bruce and Harrison Dolores P
Source: Public Records

Range of Values:

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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
Siegel Lauren $629,000 First American Title Insurance
Sefiani Ilhama $54,300 --
Kash Inc $42,700 --
Kash Inc $42,700 --
Sefiani Ilhama $54,300 --
Harrison Bruce $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Siegel Lauren $584,000
Previous Owner Sefiani Iihame $459,671
Previous Owner Sefiani Ilhame $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2024 04/30/24 Sold $629,000 0.0% $227 / Sq Ft
03/11/2024 03/11/24 Price Changed $629,000 -3.1% $227 / Sq Ft
02/13/2024 02/13/24 For Sale $649,000 0.0% $234 / Sq Ft
12/31/2023 12/31/23 Off Market $649,000 -- --
12/13/2023 12/13/23 Price Changed $649,000 -7.2% $234 / Sq Ft
11/14/2023 11/14/23 For Sale $699,000 -- $252 / 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 $11,963 $595,500 $140,600 $454,900
2023 $11,711 $585,500 $0 $0
2022 $11,444 $575,500 $0 $0
2021 $11,202 $565,500 $125,300 $440,200
2020 $10,606 $534,800 $0 $0
2019 $10,051 $504,100 $0 $0
2018 $9,476 $473,400 $75,300 $398,100
2017 $7,549 $375,600 $0 $0
2016 -- $277,800 $0 $0
2015 $1,507 $180,000 $0 $0
2014 $1,507 $180,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDPG2095334

Bright MLS

APN: 16-1803469