NOT LISTED FOR SALE

7507 Garrison Rd Hyattsville, MD 20784

Estimated Value: $430,379 - $468,000

3 Beds
2.5 Baths
1,668 Sq Ft
$269/Sq Ft Est. Value

Last Sold December 23, 2013

Last sale price $197,960 $119 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $2,796/month

242 Days on Market

Highlights

  • No HOA
  • Central Air
  • Heat Pump System
  • Shed
  • Property is in very good condition

About This Home

As of December 2013

Short Sale. Home is in very good condition. Kitchen is updated. Using Short Sale negotiating company so transaction will move quickly and smoothly. ----Email or Text for fast response to SHOW. Hour notice should be fine. On combo---- Bank has approved price. We can close quickly... Initial Buyer's financing fell through.

Last Agent to Sell the Property

BJ Matson

(301) 881-8900 bj@bjmatson.com Taylor Properties License #636758 Listed on: 11/08/2012

Taylor Properties

Last Buyer's Agent

Phillip Adetunji

(301) 442-8148 philliprealtor@hotmail.com Taylor Properties

Taylor Properties

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1984

Lot Details

  • 0.3 Acre Lot
  • Property is in very good condition
  • Property is zoned R55

Home Design

  • Split Level Home
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • Finished Basement
  • Rear Basement Entry

Kitchen

  • Stove
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • On-Street Parking

Outdoor Features

  • Shed

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • West Lanham Subdivision

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 17202211647

Home Details

Home Type

Single Family

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Level
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1984
  • Special Assessment Payment: Annually
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Microwave, Refrigerator, Stove, Washer
  • Fireplace: No
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Fully Finished, Rear Entrance
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00

Exterior Features

  • Other Structures List: Shed
  • Construction Materials: Combination, Brick
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Concrete Driveway
  • Type Of Parking: On Street, Driveway

Utilities

  • Refuse: 20.94
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Lot Info

  • Improvement Assessed Value: 154300.00
  • Land Assessed Value: 70800.00
  • Lot Size Acres: 0.30
  • Lot Size Area: 12944
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12944.00
  • Property Condition: Very Good
  • Zoning: R55

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14633132
  • Tax Annual Amount: 5732.06
  • Assessor Parcel Number: 17202211647
  • Tax Lot: 12
  • County Tax Payment Frequency: Annually
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2012
Closed on
Dec 23, 2013
Sold by
Fikru Nikodimos
Bought by
Fagbamila Omolayo C
Seller's Agent
BJ Matson
Taylor Properties
Buyer's Agent
Phillip Adetunji
Taylor Properties
List Price
$195,000
Sold Price
$197,960
Premium/Discount to List
$2,960
1.52%
Current Estimated Value
$449,345

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$251,385
Avg. Annual Appreciation
7.10%
Original Mortgage
$194,374
Interest Rate
4.24%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 4, 2002
Sold by
Secretary Of H U D
Bought by
Hall Samuel J

Purchase Details

Closed on
Apr 19, 2001
Sold by
Harris Leslie H and Harris Rosenyth O
Bought by
Secretary Of H U D and Union Center Plaza Phase Ii
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Fagbamila Omolayo C $197,960 First American Title Ins Co
Hall Samuel J $146,000 --
Secretary Of H U D $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fagbamila Omolayo C $194,374
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2013 12/23/13 Sold $197,960 +1.5% $119 / Sq Ft
07/08/2013 07/08/13 Pending -- -- --
06/28/2013 06/28/13 Price Changed $195,000 0.0% $117 / Sq Ft
06/28/2013 06/28/13 For Sale $195,000 -2.0% $117 / Sq Ft
01/11/2013 01/11/13 Pending -- -- --
12/17/2012 12/17/12 Price Changed $199,000 -2.9% $119 / Sq Ft
11/08/2012 11/08/12 For Sale $205,000 -- $123 / 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 $5,154 $335,833 -- --
2024 $5,154 $319,967 $0 $0
2023 $4,917 $304,100 $71,700 $232,400
2022 $4,780 $294,933 $0 $0
2021 $4,644 $285,767 $0 $0
2020 $4,508 $276,600 $70,800 $205,800
2019 $4,273 $260,767 $0 $0
2018 $4,037 $244,933 $0 $0
2017 $3,802 $229,100 $0 $0
2016 -- $227,767 $0 $0
2015 $4,312 $226,433 $0 $0
2014 $4,312 $225,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004217874

Bright MLS

APN: 20-2211647