NOT LISTED FOR SALE

7304 Rhode Island Ave College Park, MD 20740

Old Town College Park Neighborhood

Estimated Value: $459,911 - $600,000

3 Beds
1 Bath
1,098 Sq Ft
$500/Sq Ft Est. Value

Last Sold July 10, 2015

Last sale price $305,000 $278 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $3,431/month

Highlights

  • 0.23 Acre Lot
  • Traditional Floor Plan
  • Main Floor Bedroom
  • Deck
  • Wood Flooring
  • No HOA

About This Home

As of July 2015

Fabulous Bungalow in College Park within 1/4 mile of Metro and 1/2 mile of UMD. Enclosed front porch, large lot, rear deck and one car garage. Main level living room, dining room, kitchen, 3 bedrooms, full bath. Lower level laundry, utility and storage. Tons of potential and room to expand. Sold "as-is".

Last Agent to Sell the Property

Alex Heitkemper

(301) 503-7783 aheitkemper@LNF.com Long & Foster Real Estate, Inc. Listed on: 05/15/2015

Long & Foster Real Estate, Inc.

Co-Listed By

Jean Bourne-Pirovic

(301) 520-8420 jean.pirovic@lnf.com Long & Foster Real Estate, Inc. License #302454

Last Buyer's Agent

Ilya Zusin

(202) 210-2865 ilya@zusin.com Coldwell Banker Realty - Washington

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,042

Year Built

  • Built in 1922

Lot Details

  • 10,000 Sq Ft Lot
  • Property is zoned R55

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Asphalt Roof
  • Asbestos

Interior Spaces

  • Property has 2 Levels
  • Traditional Floor Plan
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Window Treatments
  • Dining Area
  • Wood Flooring
  • Basement
  • Connecting Stairway

Kitchen

  • Electric Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Porch

Schools

  • Northwestern High School

Utilities

  • Window Unit Cooling System
  • Radiator
  • Heating System Uses Oil
  • Vented Exhaust Fan
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • College Park Subdivision

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 17212354041

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,042

Year Built

Built in 1922

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main
  • Year Built: 1922
  • Remarks Public: Fabulous Bungalow in College Park within 1/4 mile of Metro and 1/2 mile of UMD. Enclosed front porch, large lot, rear deck and one car garage. Main level living room, dining room, kitchen, 3 bedrooms, full bath. Lower level laundry, utility and storage. Tons of potential and room to expand. Sold "as-is".
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Oven/Range - Electric, Refrigerator, Washer
  • Interior Amenities: Dining Area, Window Treatments, Entry Level Bedroom, Wood Floors, Floor Plan - Traditional
  • Fireplace: No
  • Wall Ceiling Types: 9'+ Ceilings
  • Entry Location: Living Room
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Connecting Stairway
  • Living Area Units: Square Feet
  • Street Number Modifier: 7304

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Construction Materials: Asbestos
  • Pool Private: No
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Garage
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Detached Garage

Utilities

  • Refuse: 34.42
  • Central Air Conditioning: No
  • Cooling Type: Ceiling Fan(s), Window Unit(s)
  • Cooling: Yes
  • Heating Fuel: Oil
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Electric
  • 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: PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
  • High School: NORTHWESTERN
  • School District Key: 121137599599
  • High School: NORTHWESTERN

Lot Info

  • Improvement Assessed Value: 78000.00
  • Land Assessed Value: 150600.00
  • Lot Size Acres: 0.23
  • Lot Size Area: 10000
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10000.00
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Property Attached Yn: No
  • Year Assessed: 2015
  • Zoning: R55
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14643776
  • Tax Annual Amount: 4042.10
  • Assessor Parcel Number: 17212354041
  • Tax Lot: 11
  • Tax Page Number: 759
  • Tax Total Finished Sq Ft: 1098
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014
  • Close Date: 07/10/2015

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2015
Closed on
Jul 10, 2015
Sold by
Bishop John Michael
Bought by
Mermel Daniel R
Seller's Agent
Alex Heitkemper
Long & Foster Real Estate, Inc.
Buyer's Agent
Ilya Zusin
Coldwell Banker Realty - Washington
List Price
$319,900
Sold Price
$305,000
Premium/Discount to List
-$14,900
-4.66%
Current Estimated Value
$548,478

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,478
Avg. Annual Appreciation
5.88%
Original Mortgage
$244,000
Outstanding Balance
$93,593
Interest Rate
4.01%
Mortgage Type
New Conventional
Estimated Equity
$454,885

Purchase Details

Closed on
Dec 20, 1984
Sold by
Knox Howard L
Bought by
Bishop John M
Source: Public Records

Range of Values:

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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
Mermel Daniel R $305,000 First American Title Ins Co
Bishop John M $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mermel Daniel R $244,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/10/2015 07/10/15 Sold $305,000 -4.7% $278 / Sq Ft
05/22/2015 05/22/15 Pending -- -- --
05/15/2015 05/15/15 For Sale $319,900 -- $291 / 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
2025 $6,383 $395,333 -- --
2024 $6,383 $353,900 $201,200 $152,700
2023 $6,272 $353,900 $201,200 $152,700
2022 $6,276 $353,900 $201,200 $152,700
2021 $6,672 $373,900 $200,600 $173,300
2020 $6,236 $346,867 $0 $0
2019 $5,759 $319,833 $0 $0
2018 $5,305 $292,800 $150,600 $142,200
2017 $4,931 $271,400 $0 $0
2016 -- $250,000 $0 $0
2015 $3,455 $228,600 $0 $0
2014 $3,455 $228,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Alex Heitkemper

    Seller's Agent in 2015

    Alex Heitkemper

    Long & Foster

    (301) 503-7783

    101 Total Sales

    Alex Heitkemper
    Section Image
  • Jean Bourne-Pirovic

    Seller Co-Listing Agent in 2015

    Jean Bourne-Pirovic

    Long & Foster

    (301) 520-8420

    149 Total Sales

    Jean Bourne-Pirovic
    Section Image

  • I

    Buyer's Agent in 2015

    Ilya Zusin

    Coldwell Banker (NRT-Southeast-MidAtlantic)

    Section Image
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Map

Source: Bright MLS

MLS Number: 1001045537

Bright MLS

APN: 21-2354041

Maryland Prince George's County College Park 20740 Old Town College Park

7304 Rhode Island Ave, College Park, MD

This home is located at 7304 Rhode Island Ave, College Park, MD 20740 since 15 May 2015 and is currently estimated at $548,478, approximately $499 per square foot. This property was built in 1922. 7304 Rhode Island Ave is a home located in Prince George's County with nearby schools including Paint Branch Elementary School, Greenbelt Middle School, and Northwestern High School.

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