NOT LISTED FOR SALE

Estimated Value: $227,804

-- Bed
-- Bath
-- Sq Ft
1,998 Sq Ft Lot

Last Sold January 31, 2016

Last sale price $120,000

Est. 90% increase in value since last sale

Current estimated payment $1,396/month

About This Home

As of January 2016

Great investment! Welcome to the Palmer Park Commercial Condominium Retail Center. Unit # 4 has approx 1,998 sq.ft.

Last Agent to Sell the Property

Anthony Bolling

(240) 339-6979 anthony@anthonybollinggroup.com Keller Williams Preferred Properties Listed on: 03/24/2015

Keller Williams Preferred Properties

Last Buyer's Agent

Anthony Bolling

(240) 339-6979 anthony@anthonybollinggroup.com Keller Williams Preferred Properties Listed on: 03/24/2015

Keller Williams Preferred Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,413

Year Built

  • Built in 1958

Lot Details

  • 1,998 Sq Ft Lot

Home Design

  • Brick Exterior Construction

Utilities

  • Forced Air Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Palmer Park Comm Community
  • Palmer Park Commercial C Subdivision

Listing and Financial Details

  • Assessor Parcel Number 17133585817

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,413

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1958
  • Remarks Public: Great investment! Welcome to the Palmer Park Commercial Condominium Retail Center. Unit # 4 has approx 1,998 sq.ft.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: No
  • Price Per Sq Ft: 43.78
  • Street Number Modifier: 7713

Exterior Features

  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
  • School District Key: 121137599599

Lot Info

  • Improvement Assessed Value: 70000.00
  • Land Assessed Value: 29900.00
  • Lot Size Acres: 0.05
  • Lot Size Area: 1998
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1998.00
  • Possible Use: Commercial, Wholesale, Office
  • Year Assessed: 2015
  • Zoning: CSC

Rental Info

  • Lease Term: 12 Months
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14728375
  • Assessor Parcel Number: 17133585817
  • Tax Page Number: 32
  • Tax Total Finished Sq Ft: 1998
  • County Tax Payment Frequency: Annually
  • Close Date: 01/31/2016

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2015
Closed on
Jan 27, 2016
Sold by
Redevelopment Authority Of Prince George
Bought by
The Kidz Factory Llc
Seller's Agent
Anthony Bolling
Keller Williams Preferred Properties
Buyer's Agent
Anthony Bolling
Keller Williams Preferred Properties
List Price
$105,000
Sold Price
$120,000
Premium/Discount to List
$15,000
14.29%
Current Estimated Value
$227,804

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,804
Avg. Annual Appreciation
6.82%
Original Mortgage
$84,000
Outstanding Balance
$66,938
Interest Rate
4.02%
Mortgage Type
Commercial
Estimated Equity
$160,866

Purchase Details

Closed on
May 16, 2002
Sold by
Lighthouse Church Of God In Christ
Bought by
Redevelopment Auth Of Pg County

Purchase Details

Closed on
Sep 25, 1996
Sold by
Clark Lawrence N
Bought by
Lighthouse Church Of God In Christ

Purchase Details

Closed on
May 24, 1994
Sold by
Kaplan Joel L
Bought by
Clark Lawrence N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
8.44%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
The Kidz Factory Llc $120,000 Old Republic National Title
Redevelopment Auth Of Pg County $90,000 --
Lighthouse Church Of God In Christ -- --
Clark Lawrence N $39,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open The Kidz Factory Llc $84,000
Previous Owner Clark Lawrence N $20,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2016 01/31/16 Sold $120,000 +14.3% --
09/24/2015 09/24/15 Pending -- -- --
03/24/2015 03/24/15 For Sale $105,000 -- --
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 $2,413 $183,067 -- --
2024 $2,413 $146,433 $0 $0
2023 $1,221 $109,800 $32,900 $76,900
2022 $1,221 $109,800 $32,900 $76,900
2021 $0 $109,800 $32,900 $76,900
2020 $0 $109,800 $32,900 $76,900
2019 $1,525 $106,500 $0 $0
2018 $1,669 $103,200 $0 $0
2017 $1,485 $99,900 $0 $0
2016 -- $99,900 $0 $0
2015 -- $99,900 $0 $0
2014 -- $99,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001041397

Bright MLS

APN: 13-3585817