NOT LISTED FOR SALE

5705 Walnut Ave Lanham, MD 20706

Estimated Value: $71,000 - $258,000

0.35 Acre
$470,000 Price per Acre
15,246 Sq Ft Lot

Last Sold May 10, 2024

Last sale price $9,625

Est. 1,609% increase in value since last sale

Current estimated payment $888/month

155 Days on Market

About This Lot

As of May 2024

ONLINE AUCTION: Online Bidding Begins 4/3 @ 10:00am. Bidding Ends 4/5 @ 11:20am. ATTENTION INVESTORS! 2 Lots (sold with 5706 Walnut) totaling +/- 30,100 SF Lot in the Lanham area of PG County. Prime Central Location- Close Proximity to schools, parks, shopping, restaurants & so much more! Convenient Access to Major Traffic Artery, 953 (Glenn Dale Rd.)10% buyer's premium or $1,000 auction service fee per parcel whichever is greater will be added to the high bid. $3,000 deposit. Please Visit Ashland Auction’s website for more details. For full Terms and Conditions visit the auctioneer's website, or contact the auctioneer’s office.

Last Agent to Sell the Property

Adam Shpritz

(410) 365-3595 adam@ashlandauction.com Ashland Auction Group LLC License #RMR004765 Listed on: 11/06/2023

Co-Listed By

Lee Shpritz

(410) 488-3124 lee@ashlandauction.com Ashland Auction Group LLC

Last Buyer's Agent

Adam Shpritz

(410) 365-3595 adam@ashlandauction.com Ashland Auction Group LLC License #RMR004765 Listed on: 11/06/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $214

Lot Details

  • 0.35 Acre Lot
  • 5706 Walnut St
  • Property is zoned RR

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 17141609346

Property Details

Property Type

Land

Est. Annual Taxes

$214

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • Automatically Close On Close Date: No
  • Special Features: Auction

Interior Features

  • Price Per Sq Ft: 0.07

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 5706 Walnut St
  • Lot Size Acres: 0.35
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15100.00
  • Zoning: RR
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 214.00
  • Assessor Parcel Number: 17141609346
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2023
Closed on
May 10, 2024
Sold by
Gehani Taro and Gehani Ram
Bought by
264 East 238Th Llc
Seller's Agent
Adam Shpritz
Ashland Auction Group LLC
Buyer's Agent
Adam Shpritz
Ashland Auction Group LLC
List Price
$1,000
Sold Price
$9,625
Premium/Discount to List
$8,625
862.5%
Views
197
Current Estimated Value
$164,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,875
Avg. Annual Appreciation
441.74%

Purchase Details

Closed on
Sep 28, 2021
Sold by
Prince Georges County
Bought by
Gehani Ram
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
264 East 238Th Llc $19,250 New World Title
Gehani Ram $5,092 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2024 05/10/24 Sold $9,625 +862.5% --
04/09/2024 04/09/24 Pending -- -- --
03/21/2024 03/21/24 For Sale $1,000 0.0% --
02/16/2024 02/16/24 Pending -- -- --
01/31/2024 01/31/24 For Sale $1,000 0.0% --
11/19/2023 11/19/23 Pending -- -- --
11/06/2023 11/06/23 For Sale $1,000 -- --
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 $327 $19,200 $19,200 --
2024 $327 $19,200 $19,200 --
2023 $214 $19,200 $19,200 $0
2022 $327 $19,200 $19,200 $0
2021 $325 $19,100 $0 $0
2020 $324 $19,000 $0 $0
2019 $271 $18,900 $18,900 $0
2018 $281 $18,900 $18,900 $0
2017 $322 $18,900 $0 $0
2016 -- $18,900 $0 $0
2015 $272 $18,900 $0 $0
2014 $272 $18,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Adam Shpritz

    Seller's Agent in 2024

    Adam Shpritz

    Ashland Auction Group LLC

    (410) 365-3595

    9 in this area

    3,866 Total Sales

    Adam Shpritz
    Section Image
  • Lee Shpritz

    Seller Co-Listing Agent in 2024

    Lee Shpritz

    Ashland Auction Group LLC

    (410) 488-3124

    6 in this area

    3,764 Total Sales

    Lee Shpritz
    Section Image
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Map

Source: Bright MLS

MLS Number: MDPG2095906

Bright MLS

APN: 14-1609346

Maryland Prince George's County Lanham 20706

5705 Walnut Ave, Lanham, MD

Not Listed for Sale

Lots

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