Seller's Agent in 2022
Mesfin Muraga
Fairfax Realty Premier
(202) 903-6271
1 in this area
27 Total Sales
700 Somerset Place Hyattsville, MD 20783
Estimated Value: $493,623 - $532,000
6
Beds
3
Baths
1,610
Sq Ft
$320/Sq Ft
Est. Value
Highlights
- Cape Cod Architecture
- No HOA
- Forced Air Heating and Cooling System
- 1 Fireplace
About This Home
As of January 2022This home is located at 700 Somerset Place, Hyattsville, MD 20783 since 21 December 2021 and is currently estimated at $515,406, approximately $320 per square foot. This property was built in 1951. 700 Somerset Place is a home located in Prince George's County with nearby schools including Ridgecrest Elementary School, Nicholas Orem Middle School, and High Point High School.
Last Agent to Sell the Property
(202) 903-6271 mesfinhm@yahoo.com Fairfax Realty Premier License #SP98358685 Listed on: 12/21/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,876
Year Built
- Built in 1951
Lot Details
- 6,346 Sq Ft Lot
- Property is zoned R55
Home Design
- Cape Cod Architecture
- Brick Exterior Construction
- Block Foundation
- Shingle Roof
Interior Spaces
- 1,610 Sq Ft Home
- Property has 3 Levels
- 1 Fireplace
Bedrooms and Bathrooms
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Rear Basement Entry
Parking
- 2 Parking Spaces
- 2 Driveway Spaces
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
Community Details
- No Home Owners Association
- Chillum Terrace Subdivision
Listing and Financial Details
- Tax Lot 1
- Assessor Parcel Number 17171894617
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 21, 2021
Closed on
Jan 26, 2022
Sold by
Tsegaye Masho
Bought by
Woldegebriel Yeshinareg
Seller's Agent
Mesfin Muraga
Fairfax Realty Premier
Buyer's Agent
Muller Dessie
EXP Realty, LLC
List Price
$460,000
Sold Price
$460,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,406
Avg. Annual Appreciation
2.99%
Original Mortgage
$414,000
Outstanding Balance
$383,745
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$131,661
Purchase Details
Closed on
Nov 24, 2008
Sold by
Osorio Mercedes and Osorio Natalia J
Bought by
Adjustable Rate Mrtg Tr 200
Purchase Details
Closed on
Apr 8, 2008
Sold by
Osorio Mercedes and Osorio Natalia J
Bought by
Adjustable Rate Mrtg Tr 200
Purchase Details
Closed on
Nov 13, 2006
Sold by
Maldonado Milsa
Bought by
Osorio Mercedes
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,000
Interest Rate
6.48%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Oct 10, 2006
Sold by
Maldonado Milsa
Bought by
Osorio Mercedes
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,000
Interest Rate
6.48%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Dec 23, 2005
Sold by
Diener Brian S Etal
Bought by
Maldonado Milsa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,200
Interest Rate
5.85%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Oct 24, 2005
Sold by
Diener Brian S Etal
Bought by
Maldonado Milsa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,200
Interest Rate
5.85%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Sep 30, 2005
Sold by
Hillis Evelyn M
Bought by
Diener Brian S Etal
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,200
Interest Rate
5.85%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Jun 20, 2005
Sold by
Hillis Evelyn M
Bought by
Hillis Evelyn M
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Woldegebriel Yeshinareg | $460,000 | Fidelity National Title | |
| Adjustable Rate Mrtg Tr 200 | $290,000 | -- | |
| Adjustable Rate Mrtg Tr 200 | $290,000 | -- | |
| Osorio Mercedes | -- | -- | |
| Osorio Mercedes | -- | -- | |
| Maldonado Milsa | $359,000 | -- | |
| Maldonado Milsa | $359,000 | -- | |
| Diener Brian S Etal | $265,000 | -- | |
| Hillis Evelyn M | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Woldegebriel Yeshinareg | $414,000 | |
| Previous Owner | Hillis Evelyn M | $51,000 | |
| Previous Owner | Osorio Mercedes | $51,000 | |
| Previous Owner | Hillis Evelyn M | $71,200 | |
| Previous Owner | Maldonado Milsa | $71,200 | |
| Previous Owner | Hillis Evelyn M | $238,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/26/2022 01/26/22 | Sold | $460,000 | 0.0% | $286 / Sq Ft |
| 01/06/2022 01/06/22 | For Sale | $460,000 | 0.0% | $286 / Sq Ft |
| 12/21/2021 12/21/21 | Off Market | $460,000 | -- | -- |
| 12/21/2021 12/21/21 | For Sale | $460,000 | -- | $286 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $5,365 | $369,233 | -- | -- |
| 2024 | $5,365 | $334,200 | $115,400 | $218,800 |
| 2023 | $5,277 | $328,367 | $0 | $0 |
| 2022 | $5,191 | $322,533 | $0 | $0 |
| 2021 | $5,104 | $316,700 | $100,200 | $216,500 |
| 2020 | $9,752 | $301,367 | $0 | $0 |
| 2019 | $4,096 | $286,033 | $0 | $0 |
| 2018 | $4,217 | $270,700 | $75,200 | $195,500 |
| 2017 | $3,607 | $243,333 | $0 | $0 |
| 2016 | -- | $215,967 | $0 | $0 |
| 2015 | $3,716 | $188,600 | $0 | $0 |
| 2014 | $3,716 | $188,600 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Mesfin Muraga
-
Muller Dessie
Buyer's Agent in 2022
Muller Dessie
EXP Realty, LLC
(301) 366-6058
2 in this area
145 Total Sales
Map
Source: Bright MLS
MLS Number: MDPG2022876
APN: 17-1894617
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