NOT LISTED FOR SALE

7951 Riggs Rd Unit 1 Hyattsville, MD 20783

Estimated Value: $138,000 - $184,000

3 Beds
2 Baths
1,308 Sq Ft
$623/mo HOA Fee

Last Sold May 31, 2016

Last sale price $56,500 $43 Per Sq Ft

Est. 203% increase in value since last sale

Current estimated payment $1,723/month

6 Days on Market

Highlights

  • Contemporary Architecture
  • Brick Front
  • Ceiling Fan
  • Traditional Floor Plan
  • Forced Air Heating and Cooling System
  • Dining Area

About This Home

As of May 2016

Investment Material- 3 br terrace level unit needs total rehab. Swim pool community Located near University of MD. Shopping, schools and highway access are nearby.

Last Agent to Sell the Property

Doug Perry

(240) 505-2931 dperry@dougperry.com RE/MAX Excellence Realty License #BR101535 Listed on: 04/07/2016

Last Buyer's Agent

Doug Perry

(240) 505-2931 dperry@dougperry.com RE/MAX Excellence Realty License #BR101535 Listed on: 04/07/2016

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,019

Year Built

  • Built in 1968

Lot Details

  • 3,006

HOA Fees

  • $623 Monthly HOA Fees

Parking

  • 2 Assigned Parking Spaces

Home Design

  • Contemporary Architecture
  • Brick Front

Interior Spaces

  • 1,308 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • Ceiling Fan
  • Dining Area

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Schools

  • High Point

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Public Septic

Listing and Financial Details

  • Assessor Parcel Number 17171884105

Community Details

Overview

  • Association fees include air conditioning, custodial services maintenance, electricity, gas, heat, lawn care front, lawn care rear, lawn maintenance, management, insurance, parking fee, sewer, snow removal, trash, water
  • Low-Rise Condominium
  • Bedford Towne Co Community
  • Bedford Towne Condo Subdivision

Amenities

  • Common Area

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,019

Year Built

Built in 1968

Lot Details

0

HOA Fees

$623 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: 1968
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Dining Area, Floor Plan - Traditional
  • Fireplace: No
  • Entry Location: 1st Floor
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1308
  • Living Area Sq Ft: 1308
  • Price Per Sq Ft: 30.96
  • Above Grade Finished Sq Ft: 1308
  • Above Grade Finished Area Units: Square Feet

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: Combination, Brick, Brick Front
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned

Utilities

  • Refuse: 66.67
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer, Public Septic
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 623.48
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds
  • HOA Condo Co-Op Fee Includes: Air Conditioning, Custodial Services Maintenance, Electricity, Gas, Heat, Lawn Care Front, Lawn Care Rear, Lawn Maintenance, Management, Insurance, Parking Fee, Sewer, Snow Removal, Trash, Water
  • HOA: Yes
  • Senior Community: No

Schools

  • Elementary School: MARY HARRIS MOTHER JONES
  • High School: HIGH POINT

Lot Info

  • Improvement Assessed Value: 59000.00
  • Land Assessed Value: 15000.00
  • Property Attached Yn: Yes
  • Zoning: R30

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14609653
  • Tax Annual Amount: 1019.02
  • Assessor Parcel Number: 17171884105
  • Tax Page Number: 340
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2016
Closed on
May 31, 2016
Sold by
The Bank Of New York Mellon
Bought by
Maldonado Roberto
Seller's Agent
Doug Perry
RE/MAX Excellence Realty
Buyer's Agent
Doug Perry
RE/MAX Excellence Realty
List Price
$40,500
Sold Price
$56,500
Premium/Discount to List
$16,000
39.51%
Current Estimated Value
$171,010

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,510
Avg. Annual Appreciation
12.34%

Purchase Details

Closed on
Mar 13, 2007
Sold by
Sloley Marlene
Bought by
Soloku Mohamed and Soloku Barrie,Mariatu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,400
Interest Rate
6.3%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 22, 2007
Sold by
Sloley Marlene
Bought by
Soloku Mohamed and Soloku Barrie,Mariatu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,400
Interest Rate
6.3%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 27, 2006
Sold by
Waldron Rawles and Waldron Joan U
Bought by
Sloley Marlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,400
Interest Rate
6.6%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 22, 2006
Sold by
Waldron Rawles and Waldron Joan U
Bought by
Sloley Marlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,400
Interest Rate
6.6%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 31, 1995
Sold by
Moody Burton D
Bought by
Waldron Rawle S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,500
Interest Rate
7.61%
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
Maldonado Roberto -- None Available
Soloku Mohamed $192,000 --
Soloku Mohamed $192,000 --
Sloley Marlene $177,000 --
Sloley Marlene $177,000 --
Waldron Rawle S $66,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Soloku Mohamed $38,400
Previous Owner Waldron Rawle S $153,600
Previous Owner Soloku Mohamed $153,600
Previous Owner Sloley Marlene $35,400
Previous Owner Waldron Rawle S $141,600
Previous Owner Sloley Marlene $141,600
Previous Owner Waldron Rawle S $64,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2016 05/31/16 Sold $56,500 +39.5% $43 / Sq Ft
04/13/2016 04/13/16 Pending -- -- --
04/07/2016 04/07/16 For Sale $40,500 -- $31 / 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 $2,387 $154,000 $46,200 $107,800
2024 $2,387 $154,000 $46,200 $107,800
2023 $1,237 $137,333 $0 $0
2022 $1,342 $120,667 $0 $0
2021 $3,782 $104,000 $31,200 $72,800
2020 $2,989 $94,000 $0 $0
2019 $1,203 $84,000 $0 $0
2018 $1,100 $74,000 $15,000 $59,000
2017 $1,078 $70,000 $0 $0
2016 -- $66,000 $0 $0
2015 $1,967 $62,000 $0 $0
2014 $1,967 $62,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Doug Perry

    Seller's Agent in 2016

    Doug Perry

    RE/MAX

    (240) 505-2931

    74 Total Sales

    Doug Perry
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Map

Source: Bright MLS

MLS Number: 1001068555

Bright MLS

APN: 17-1884105

Maryland Prince George's County Hyattsville 20783

7951 Riggs Rd Unit 1, Hyattsville, MD

Not Listed for Sale

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