NOT LISTED FOR SALE

7701 Arehart Dr Unit 1316 New Carrollton, MD 20784

Estimated Value: $152,000 - $177,000

3 Beds
2 Baths
1,073 Sq Ft
$391/mo HOA Fee

Last Sold January 08, 2018

Last sale price $96,000 $89 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $1,546/month

Highlights

  • Contemporary Architecture
  • Cooling System Utilizes Natural Gas
  • Forced Air Heating and Cooling System
  • Traditional Floor Plan
  • Picnic Area
  • Laundry Facilities

About This Home

As of January 2018

Move-in Ready- well maintained

Last Agent to Sell the Property

Emmanuel Adegoke

ALTRUIST REALTY, LLC. Listed on: 11/17/2017

Last Buyer's Agent

Femi Ilori

ALTRUIST REALTY, LLC.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,741

Year Built

  • Built in 1964

Lot Details

  • 3,833

HOA Fees

  • $391 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,073 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • Dining Area

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • Garage
  • Front Facing Garage

Schools

  • Glenridge Elementary School
  • Parkdale High School

Utilities

  • Cooling System Utilizes Natural Gas
  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • Public Septic

Listing and Financial Details

  • Assessor Parcel Number 17202265429

Community Details

Overview

  • Association fees include exterior building maintenance, insurance, management, lawn maintenance
  • Low-Rise Condominium
  • Frenchmans Creek Community
  • Frenchmans Creek Subdivision
  • The community has rules related to parking rules

Amenities

  • Picnic Area
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,741

Year Built

Built in 1964

Lot Details

0

HOA Fees

$391 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1964
  • Remarks Public: Move-in Ready- well maintained
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Dining Area, Floor Plan - Traditional
  • Fireplace: No
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Common
  • Living Area Units: Square Feet
  • Total Sq Ft: 1073
  • Living Area Sq Ft: 1073
  • Price Per Sq Ft: 102.52
  • Above Grade Finished Sq Ft: 1073
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7701

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

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

Garage/Parking

  • Garage: No
  • Garage Features: Garage - Front Entry

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Septic, Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 391.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Picnic Area, Laundry Facilities
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Insurance, Management, Lawn Maintenance
  • HOA Condo Co-Op Rules: Parking
  • HOA: No
  • Senior Community: No

Schools

  • School District: PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
  • Elementary School: GLENRIDGE
  • High School: PARKDALE
  • School District Key: 121137599599
  • Elementary School: GLENRIDGE
  • High School: PARKDALE

Lot Info

  • Property Attached Yn: Yes
  • Zoning: R18

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14697487
  • Assessor Parcel Number: 17202265429
  • Tax Page Number: 597
  • Tax Total Finished Sq Ft: 1073
  • Close Date: 01/08/2018

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2017
Closed on
Jan 8, 2018
Sold by
Olusi Olasupo
Bought by
Trowers Antonie
Seller's Agent
Emmanuel Adegoke
ALTRUIST REALTY, LLC.
Buyer's Agent
Femi Ilori
ALTRUIST REALTY, LLC.
List Price
$110,000
Sold Price
$96,000
Premium/Discount to List
-$14,000
-12.73%
Current Estimated Value
$166,541

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,541
Avg. Annual Appreciation
7.56%
Original Mortgage
$92,640
Outstanding Balance
$79,175
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$86,074

Purchase Details

Closed on
Aug 22, 2017
Sold by
Olusi Folusho Temitope
Bought by
Olusi Olasupo

Purchase Details

Closed on
Mar 3, 2017
Sold by
Chew Rose E and Chew Flyod L
Bought by
Olusi Folusho T

Purchase Details

Closed on
Jul 7, 1988
Sold by
Rust Oley B
Bought by
Chew Floyd L and Chew Rosa E
Source: Public Records

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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
Trowers Antonie $96,000 Michaels Title & Escrow Llc
Olusi Olasupo -- Passport Title Svcsllc
Olusi Folusho T $42,000 None Available
Chew Floyd L $65,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trowers Antonie $92,640
Previous Owner Chew Rosa E $100,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2018 01/08/18 Sold $96,000 -12.7% $89 / Sq Ft
11/17/2017 11/17/17 Pending -- -- --
11/17/2017 11/17/17 For Sale $110,000 0.0% $103 / Sq Ft
08/29/2016 08/29/16 Rented $1,550 0.0% --
08/29/2016 08/29/16 Under Contract -- -- --
08/10/2016 08/10/16 For Rent $1,550 -- --
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 $2,741 $138,667 $0 $0
2023 $2,756 $135,000 $40,500 $94,500
2022 $1,977 $124,000 $0 $0
2021 $4,925 $113,000 $0 $0
2020 $4,349 $102,000 $30,600 $71,400
2019 $1,883 $95,333 $0 $0
2018 $1,219 $88,667 $0 $0
2017 $1,461 $82,000 $0 $0
2016 -- $66,000 $0 $0
2015 -- $50,000 $0 $0
2014 $1,820 $34,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004159227

Bright MLS

APN: 20-2265429