Seller's Agent in 2023
Nick Rowan
Trademark Realty, Inc
(443) 824-1764
1 in this area
67 Total Sales
7110 Riverdale Rd Lanham, MD 20706
Estimated Value: $449,000 - $527,000
3
Beds
1.5
Baths
2,035
Sq Ft
$238/Sq Ft
Est. Value
Highlights
- 0.5 Acre Lot
- No HOA
- Oversized Parking
- Contemporary Architecture
- 1 Car Attached Garage
- Ramp on the main level
About This Home
As of September 2023A Great fixer-upper opportunity for the investor or buyer who is looking for sweat equity. This home sits on a beautiful half acre lot with a long driveway and an attached garage. The main level has 3 bedrooms, One and half bathrooms, Living room and Dining room, main level laundry room, Eat-in-kitchen, Breezeway and a covered patio area. Upper level has plenty of storage area and a space that could be turned into a 4th bedroom. The unfinished Basement has a walk out to the back patio. The carpeted main level has the original Hardwood floors underneath throughout the home. It’s conveniently located near shopping centers for all your shopping needs, metro bus stop almost in front of the house and highway accessible near major highways 495,295 and U.S 50, just minutes away from DC. Bring your imagination and with some TLC turn this into your forever home. This home is sold "AS IS".
Last Agent to Sell the Property
(443) 824-1764 nick@trademarkrealtymd.com Trademark Realty, Inc License #677232 Listed on: 08/18/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,672
Year Built
- Built in 1952
Lot Details
- 0.5 Acre Lot
- Property is zoned RR
Parking
- 1 Car Attached Garage
- Oversized Parking
- Garage Door Opener
- Driveway
Home Design
- Contemporary Architecture
- Brick Exterior Construction
- Brick Foundation
- Stone Foundation
Interior Spaces
- Property has 1.5 Levels
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
Unfinished Basement
- Walk-Up Access
- Rear Basement Entry
Accessible Home Design
- Ramp on the main level
Utilities
- Central Air
- Heat Pump System
- Electric Water Heater
Community Details
- No Home Owners Association
- Martins Woods Subdivision
Listing and Financial Details
- Tax Lot 2
- Assessor Parcel Number 17202255586
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 18, 2023
Closed on
Sep 27, 2023
Sold by
Ronald G Schmidt Trust
Bought by
Abarca Luis Adalberto Me
Seller's Agent
Nick Rowan
Trademark Realty, Inc
Buyer's Agent
Alda Lourenco
RE/MAX Realty Group
List Price
$370,000
Sold Price
$422,000
Premium/Discount to List
$52,000
14.05%
Views
40
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
$63,175
Avg. Annual Appreciation
7.04%
Original Mortgage
$379,800
Outstanding Balance
$372,071
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$113,104
Purchase Details
Closed on
May 7, 1999
Sold by
Schmidt Ronald G and Schmidt Marie P
Bought by
Schmidtronald G Trustee
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 |
|---|---|---|---|
| Abarca Luis Adalberto Me | $422,000 | Household Title | |
| Abarca Luis Adalberto Me | $422,000 | Household Title | |
| Schmidtronald G Trustee | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Abarca Luis Adalberto Me | $379,800 | |
| Closed | Abarca Luis Adalberto Me | $379,800 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/25/2023 09/25/23 | Sold | $422,000 | 0.0% | $207 / Sq Ft |
| 08/22/2023 08/22/23 | Pending | -- | -- | -- |
| 08/22/2023 08/22/23 | Off Market | $422,000 | -- | -- |
| 08/18/2023 08/18/23 | For Sale | $370,000 | -- | $182 / 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 | $5,789 | $362,700 | $93,500 | $269,200 |
| 2024 | $5,789 | $362,700 | $93,500 | $269,200 |
| 2023 | $4,058 | $364,900 | $73,500 | $291,400 |
| 2022 | $3,947 | $354,933 | $0 | $0 |
| 2021 | $4,431 | $344,967 | $0 | $0 |
| 2020 | $4,341 | $335,000 | $71,700 | $263,300 |
| 2019 | $4,150 | $306,133 | $0 | $0 |
| 2018 | $3,949 | $277,267 | $0 | $0 |
| 2017 | $3,783 | $248,400 | $0 | $0 |
| 2016 | -- | $240,533 | $0 | $0 |
| 2015 | $3,741 | $232,667 | $0 | $0 |
| 2014 | $3,741 | $224,800 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Nick Rowan
-
Alda Lourenco
Buyer's Agent in 2023
Alda Lourenco
Remax Realty Group
(240) 350-8701
1 in this area
103 Total Sales
Map
Source: Bright MLS
MLS Number: MDPG2087650
APN: 20-2255586
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