NOT LISTED FOR SALE

7501 Forbes Blvd Lanham, MD 20706

Estimated Value: $4,842,867

-- Bed
-- Bath
53,037 Sq Ft
$91/Sq Ft Est. Value

About This Home

This home is located at 7501 Forbes Blvd, Lanham, MD 20706 and is currently estimated at $4,842,867, approximately $91 per square foot. 7501 Forbes Blvd is a home located in Prince George's County with nearby schools including Catherine T. Reed Elementary School, Thomas Johnson Middle School, and Duval High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 22, 2019
Sold by
Melrose Holdings Llc
Bought by
Windsor Wright Holdings Llc
Current Estimated Value
$4,842,867

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,698,750
Outstanding Balance
$2,367,828
Interest Rate
4.3%
Mortgage Type
Commercial
Estimated Equity
$2,446,023

Purchase Details

Closed on
Nov 1, 2016
Sold by
U S Bank N A
Bought by
Melrose Holdings Llc

Purchase Details

Closed on
Aug 22, 2016
Sold by
Mccormack Timothy F and Summers Matthew G
Bought by
Us Bank Na

Purchase Details

Closed on
Nov 3, 2015
Sold by
Crp Holdings A Lp
Bought by
U S Bank National Association

Purchase Details

Closed on
Aug 29, 1997
Sold by
Maryland Corp Center Assoc
Bought by
Praedium Ii Prince George Llc and Flr 26Th
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Windsor Wright Holdings Llc $3,175,000 Milestone Title Llc
Melrose Holdings Llc $5,300,000 Ist Equity National Title &
Us Bank Na $7,400,000 None Available
U S Bank National Association $7,400,000 Attorney
Praedium Ii Prince George Llc $4,058,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Windsor Wright Holdings Llc $2,698,750
Source: Public Records

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 $54,641 $3,597,800 $1,790,300 $1,807,500
2024 $54,641 $3,444,067 $0 $0
2023 $36,589 $3,290,333 $0 $0
2022 $49,992 $3,136,600 $1,790,300 $1,346,300
2021 $42,876 $2,657,733 $0 $0
2020 $35,760 $2,178,867 $0 $0
2019 $24,344 $1,700,000 $1,200,000 $500,000
2018 $28,644 $1,700,000 $1,200,000 $500,000
2017 $62,822 $4,867,300 $0 $0
2016 -- $4,000,000 $0 $0
2015 $72,466 $5,133,333 $0 $0
2014 $72,466 $5,046,700 $0 $0
Source: Public Records

Map

Maryland Prince George's County Lanham 20706

7501 Forbes Blvd, Lanham, MD

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