NOT LISTED FOR SALE

7702 Finns Ln Lanham, MD 20706

Estimated Value: $375,000 - $460,000

5 Beds
2 Baths
1,144 Sq Ft
$379/Sq Ft Est. Value

Last Sold October 18, 2012

Last sale price $142,000 $124 Per Sq Ft

Est. 205% increase in value since last sale

Current estimated payment $2,725/month

455 Days on Market

Highlights

  • Rambler Architecture
  • Central Heating and Cooling System
  • Property is in very good condition
  • No HOA

About This Home

As of October 2012

BACK ON THE MARKET.CHARMING RAMBLER,IN A VERY GOOD CONDITION. WILL NOT LAST LONG.GREAT AREA.CLOSE TO 450,495/95,ROUTE 50,NEW CARROLLTON METRO/TRAIN STATION,DC ,SHOPPING MALLS AND OTHER FACILITIES.SHORT SALE. AS IS.THE BANK AUTHORIZED THE SALE.APPROVED COMMISSION WILL BE SPLIT BETWEEN L & S AGENTS. FHA ? MAY NEED SMALL REPAIR

Last Agent to Sell the Property

Pedro Mesa

pmesa@mris.com Fairfax Realty Premier Listed on: 04/20/2011

Last Buyer's Agent

Zoila Hernandez

(240) 508-8725 zoila.hernandez@lnf.com Long & Foster Real Estate, Inc. License #323790

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1965

Lot Details

  • 0.33 Acre Lot
  • Property is in very good condition
  • Property is zoned RR

Parking

  • Off-Street Parking

Home Design

  • Rambler Architecture
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • Property has 2 Levels
  • Basement
  • Rear Basement Entry
  • Gas Oven or Range

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 17202276681

Home Details

Home Type

Single Family

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1965
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven/Range - Gas, Refrigerator
  • Fireplace: No
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Rear Entrance
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Construction Materials: Combination, Brick
  • Construction Completed: No
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Refuse: 20.93
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 271590.00
  • Land Assessed Value: 71020.00
  • Lot Size Acres: 0.33
  • Lot Size Area: 14260
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 14260.00
  • Property Condition: Very Good
  • Zoning: RR

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14682748
  • Tax Annual Amount: 5115.85
  • Assessor Parcel Number: 17202276681
  • Tax Lot: 4
  • County Tax Payment Frequency: Annually
  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2011
Closed on
Oct 17, 2012
Sold by
Cabrera Miriam A and Lopez Ramiro
Bought by
Martinez Juan C
Seller's Agent
Pedro Mesa
Fairfax Realty Premier
Buyer's Agent
Zoila Hernandez
Long & Foster Real Estate, Inc.
List Price
$152,000
Sold Price
$142,000
Premium/Discount to List
-$10,000
-6.58%
Current Estimated Value
$433,055

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$291,055
Avg. Annual Appreciation
8.86%
Original Mortgage
$139,428
Outstanding Balance
$94,661
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$338,394

Purchase Details

Closed on
Dec 18, 2006
Sold by
Ardmore Enterprise Inc
Bought by
Cabrera Miriam A and Cabrera Ramiro Lopez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,600
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 31, 2006
Sold by
Ardmore Enterprise Inc
Bought by
Cabrera Miriam A and Cabrera Ramiro Lopez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,400
Interest Rate
8.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 15, 1994
Sold by
Welch Oliver S
Bought by
Ardmore Enterprise Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
8.52%
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
Martinez Juan C $142,000 Kensington Realty Title Llc
Cabrera Miriam A $368,000 --
Cabrera Miriam A $368,000 --
Ardmore Enterprise Inc $128,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Juan C $139,428
Previous Owner Cabrera Miriam A $73,600
Previous Owner Ardmore Enterprise Inc $294,400
Previous Owner Cabrera Miriam A $294,400
Previous Owner Ardmore Enterprise Inc $95,000
Closed Ardmore Enterprise Inc $17,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2012 10/18/12 Sold $142,000 0.0% $124 / Sq Ft
07/18/2012 07/18/12 Pending -- -- --
07/10/2012 07/10/12 Off Market $142,000 -- --
05/23/2012 05/23/12 For Sale $152,000 +7.0% $133 / Sq Ft
03/30/2012 03/30/12 Pending -- -- --
03/28/2012 03/28/12 Off Market $142,000 -- --
02/12/2012 02/12/12 Price Changed $152,000 -4.4% $133 / Sq Ft
01/11/2012 01/11/12 Price Changed $159,000 -11.2% $139 / Sq Ft
09/24/2011 09/24/11 Price Changed $179,000 -19.7% $156 / Sq Ft
04/20/2011 04/20/11 For Sale $223,000 -- $195 / 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 $5,324 $364,833 -- --
2024 $5,324 $331,467 $0 $0
2023 $4,828 $298,100 $72,000 $226,100
2022 $3,195 $287,300 $0 $0
2021 $9,174 $276,500 $0 $0
2020 $3,665 $265,700 $71,000 $194,700
2019 $3,571 $249,400 $0 $0
2018 $3,741 $233,100 $0 $0
2017 $3,349 $216,800 $0 $0
2016 -- $213,333 $0 $0
2015 $4,715 $209,867 $0 $0
2014 $4,715 $206,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2012

    Pedro Mesa

    Fairfax Realty Premier

  • Zoila Hernandez

    Buyer's Agent in 2012

    Zoila Hernandez

    Long & Foster

    (240) 508-8725

    2 in this area

    36 Total Sales

    Zoila Hernandez
    Section Image
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Map

Source: Bright MLS

MLS Number: 1004395756

Bright MLS

APN: 20-2276681

Maryland Prince George's County Lanham 20706

7702 Finns Ln, Lanham, MD

Not Listed for Sale

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