NOT LISTED FOR SALE

7502 Wells Blvd Hyattsville, MD 20783

Estimated Value: $419,000 - $546,000

5 Beds
2 Baths
1,066 Sq Ft
$445/Sq Ft Est. Value

Last Sold January 07, 2022

Last sale price $452,000 $424 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,166/month

Highlights

  • Rambler Architecture
  • 1 Fireplace
  • Forced Air Heating and Cooling System
  • Space For Rooms
  • No HOA
  • 3-minute walk to University Hills Duck Pond Park

About This Home

As of March 2022

Charming and completely remodeled rambler on a sprawling corner lot in University Hills. Your new home has 5 bedrooms and 2 full bathrooms plus den/office located in the spacious lower level. Walk in your front door and notice your sizable living area with loads of sunlight and washer and dryer. Your main level has 3 bedrooms and 1 full bathroom. Your remodeled kitchen features granite countertops and stainless steel appliances with white cabinetry. Off the kitchen, exit to your back patio and ample back and side yards. The lower level has a separate side entrance, 2 bedrooms, 1 full bathroom and the den/office. It also features a large kitchenette, and its own washer and dryer. Both levels are independent. There is long driveway off the street. Your new home is nearby to College Park and the University of Maryland with all it has to offer, public transportation and restaurants and shopping.

**This property can also be rented as 2 separate units. Please inquire about the specific details. The top level, with 3 BD and 1 BA, can be rented for $2150, all utilities included. The basement level, also with 3 BD and 1 BA, can be rented for $1895, all utilities included.

***Please note that COVID-19 concerns will be respected and social distancing guidelines expected to be followed, including the wearing of masks and a limit of 2 individuals viewing at one time. Thank you for your understanding.

Last Agent to Rent the Property

Matt Sweeney

Streamline Management, LLC. Listed on: 01/18/2022

Last Renter's Agent

Lucas Vespa Moreira

Sullivan Select, LLC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,383

Year Built

  • Built in 1950 | Remodeled in 2021

Lot Details

  • 9,672 Sq Ft Lot
  • Property is zoned R55

Parking

  • Driveway

Home Design

  • Rambler Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,066 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace

Bedrooms and Bathrooms

Finished Basement

  • Heated Basement
  • Walk-Up Access
  • Side Exterior Basement Entry
  • Water Proofing System
  • Sump Pump
  • Space For Rooms
  • Basement Windows

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • University Hills Subdivision

Listing and Financial Details

  • Residential Lease
  • Security Deposit $3,300
  • No Smoking Allowed
  • 12-Month Min and 36-Month Max Lease Term
  • Available 1/24/22
  • $50 Application Fee
  • Assessor Parcel Number 17171909118

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,383

Year Built

Built in 1950 | Remodeled in 2021

Lot Details

0

Rental Info

  • Date Available: 2022-01-24
  • Application Fee: 50.00
  • Pet Deposit: 250.00
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Security Deposit: 3300.00
  • Smoking Allowed Yn: No
  • Vacation Rental: No
  • Max Lease in Months: 36
  • Min Lease in Months: 12
  • Rent Spree Online Application: No

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • New Construction: No
  • Story List: Lower 1, Main
  • Year Built: 1950
  • Year Renovated: 2021
  • Remarks Public: Charming and completely remodeled rambler on a sprawling corner lot in University Hills. Your new home has 5 bedrooms and 2 full bathrooms plus den/office located in the spacious lower level. Walk in your front door and notice your sizable living area with loads of sunlight and washer and dryer. Your main level has 3 bedrooms and 1 full bathroom. Your remodeled kitchen features granite countertops and stainless steel appliances with white cabinetry. Off the kitchen, exit to your back patio and ample back and side yards. The lower level has a separate side entrance, 2 bedrooms, 1 full bathroom and the den/office. It also features a large kitchenette, and its own washer and dryer. Both levels are independent. There is long driveway off the street. Your new home is nearby to College Park and the University of Maryland with all it has to offer, public transportation and restaurants and shopping. **This property can also be rented as 2 separate units. Please inquire about the specific details. The top level, with 3 BD and 1 BA, can be rented for $2150, all utilities included. The basement level, also with 3 BD and 1 BA, can be rented for $1895, all utilities included. ***Please note that COVID-19 concerns will be respected and social distancing guidelines expected to be followed, including the wearing of masks and a limit of 2 individuals viewing at one time. Thank you for your understanding.
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Foundation Details: Block, Concrete Perimeter
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Daylight, Partial, Fully Finished, Heated, Improved, Outside Entrance, Side Entrance, Space For Rooms, Sump Pump, Walkout Stairs, Water Proofing System, Windows
  • Total Sq Ft: 1066
  • Living Area Sq Ft: 1066
  • Price Per Sq Ft: 3.10
  • Above Grade Finished Sq Ft: 1066
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7502

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 3
  • All Lower Level Bedrooms: 2
  • Lower Level Bedroom: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • 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
  • School District Key: 121137599599
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 011
  • Lot Size Acres: 0.22
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9672.00
  • Zoning: R55

Tax Info

  • Assessor Parcel Number: 14650594
  • Assessor Parcel Number: 17171909118
  • Tax Total Finished Sq Ft: 1066
  • Tax Data Updated: No
  • Close Date: 03/07/2022

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2022
Closed on
Feb 7, 2022
Sold by
Lopez Santiago Abundio
Bought by
Chang Yi
Seller's Agent
Matt Sweeney
Streamline Management, LLC.
Buyer's Agent
Lucas Vespa Moreira
Sullivan Select, LLC.
Sold Price
$3,300
Current Estimated Value
$481,180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$477,880
Avg. Annual Appreciation
1.93%
Original Mortgage
$339,000
Outstanding Balance
$317,654
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$166,698

Purchase Details

Listed on
Nov 18, 2016
Closed on
Apr 3, 2017
Sold by
75 Wells Llc
Bought by
Santiago Abundio Lopez
Seller's Agent
Melanie Montague
EXP Realty, LLC
Buyer's Agent
Celia Cepeda
Fairfax Realty Premier
List Price
$259,900
Sold Price
$254,800
Premium/Discount to List
-$5,100
-1.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.77%
Original Mortgage
$203,840
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 2008
Sold by
Maydanik Boris
Bought by
Maydanik Boris and Maydanik Julia Borniva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.48%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jul 2, 2007
Sold by
Maydanik Boris
Bought by
Maydanik Boris and Maydanik Julia Borniva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 2003
Sold by
Maydanik Boris
Bought by
Maydanik Boris

Purchase Details

Closed on
Apr 5, 2002
Sold by
Green Thomas L
Bought by
Maydanik Boris and Julia Borniva

Purchase Details

Closed on
Jun 4, 1998
Sold by
Secretary Of H U D
Bought by
Green Thomas L

Purchase Details

Closed on
Nov 18, 1997
Sold by
Merchant Michael C and Merchant Laurie A
Bought by
Secretary Of H U D and Union Center Plaza Phase Ii
Source: Public Records

Range of Values:

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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
Chang Yi $452,000 First American Title
Santiago Abundio Lopez $254,800 Assure Title Llc
Maydanik Boris -- Assure Title Llc
Maydanik Boris -- --
Maydanik Boris -- --
Maydanik Boris -- --
Maydanik Boris -- --
Green Thomas L $100,000 --
Secretary Of H U D $137,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chang Yi $339,000
Previous Owner Santiago Abundio Lopez $203,840
Previous Owner Maydanik Boris $360,000
Previous Owner Maydanik Boris $360,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2022 03/07/22 Rented $3,300 0.0% --
02/28/2022 02/28/22 Price Changed $3,300 -2.9% $3 / Sq Ft
02/16/2022 02/16/22 Price Changed $3,400 -2.9% $3 / Sq Ft
01/21/2022 01/21/22 Price Changed $3,500 -5.4% $3 / Sq Ft
01/18/2022 01/18/22 For Rent $3,700 0.0% --
01/07/2022 01/07/22 Sold $452,000 -0.7% $214 / Sq Ft
11/05/2021 11/05/21 Pending -- -- --
10/22/2021 10/22/21 For Sale $455,000 +78.6% $215 / Sq Ft
04/03/2017 04/03/17 Sold $254,800 -2.0% $239 / Sq Ft
12/28/2016 12/28/16 Pending -- -- --
11/18/2016 11/18/16 For Sale $259,900 -- $244 / 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
2024 $6,383 $314,800 $111,100 $203,700
2023 $6,013 $297,567 $0 $0
2022 $5,638 $280,333 $0 $0
2021 $5,278 $263,100 $100,500 $162,600
2020 $5,095 $253,633 $0 $0
2019 $4,671 $244,167 $0 $0
2018 $4,638 $234,700 $75,500 $159,200
2017 $4,264 $221,900 $0 $0
2016 -- $209,100 $0 $0
2015 $4,548 $196,300 $0 $0
2014 $4,548 $196,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDPG2027294

Bright MLS

APN: 17-1909118