NOT LISTED FOR SALE

7975 Riggs Rd Unit 8 Hyattsville, MD 20783

Estimated Value: $100,664 - $131,000

2 Beds
1 Bath
869 Sq Ft
$419/mo HOA Fee

Last Sold February 21, 2014

Last sale price $54,000 $62 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $1,185/month

27 Days on Market

Highlights

  • Open Floorplan
  • Eat-In Kitchen
  • Sliding Doors
  • Balcony
  • Living Room
  • Brick Front

About This Home

As of February 2014

What a fantastic opportunity to own this well maintained condo unit w/ separate dining room located in a secured building. Perfect for a first time home-buyer or an investor. Within walking distance to public transportation. Come see this unit NOW! Minor cosmetic work required. This is a Fannie Mae HomePath Property & is approved for HomePath Renovation Mortgage Financing.

Last Agent to Sell the Property

Daniel Register

Northrop Realty Listed on: 12/27/2013

Northrop Realty

Last Buyer's Agent

Teshome Jiffar

Rothschild Universal Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,362

Year Built

  • Built in 1968

Lot Details

  • 3,006

HOA Fees

  • $419 Monthly HOA Fees

Parking

  • 1 Assigned Parking Space

Home Design

  • Asphalt Roof
  • Brick Front

Interior Spaces

  • 869 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Sliding Doors
  • Living Room
  • Dining Room

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Satellite Dish
  • Cable TV Available

Additional Features

  • Balcony
  • Property is in below average condition

Community Details

  • Association fees include water, electricity, gas
  • Low-Rise Condominium
  • Bedford Towne Co Community
  • Bedford Towne Condo Subdivision

Listing and Financial Details

  • Assessor Parcel Number 17171885458

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,362

Year Built

Built in 1968

Lot Details

0

HOA Fees

$419 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1968
  • Remarks Public: What a fantastic opportunity to own this well maintained condo unit w/ separate dining room located in a secured building. Perfect for a first time home-buyer or an investor. Within walking distance to public transportation. Come see this unit NOW! Minor cosmetic work required. This is a Fannie Mae HomePath Property & is approved for HomePath Renovation Mortgage Financing.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Microwave
  • Interior Amenities: Kitchen - Table Space, Floor Plan - Open
  • Fireplace: No
  • Door Features: Sliding Glass
  • Wall Ceiling Types: Dry Wall
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Bedroom 2, Kitchen, Bedroom 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 869
  • Living Area Sq Ft: 869
  • Price Per Sq Ft: 60.87
  • Above Grade Finished Sq Ft: 869
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7975

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick Front
  • Construction Completed: No
  • Exterior Features: Sidewalks, Street Lights, Satellite Dish
  • Roof: Asphalt
  • View: Street
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Main Entrance Lock
  • Sewer/Septic System: Public Sewer
  • Utilities: Dsl Available, Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 419.09
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Fee Includes: Water, Electricity, Gas
  • HOA: Yes

Lot Info

  • Outdoor Living Structures: Balcony
  • Property Condition: Below Average
  • Soil Types: Unknown
  • Zoning: R30

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14609761
  • Assessor Parcel Number: 17171885458
  • Tax Page Number: 117
  • Tax Total Finished Sq Ft: 869
  • Close Date: 02/21/2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2013
Closed on
Feb 21, 2014
Sold by
Federal National Mortgage Association
Bought by
Sambo Olana W
Seller's Agent
Daniel Register
Northrop Realty
Buyer's Agent
Teshome Jiffar
Rothschild Universal Realty LLC
List Price
$52,900
Sold Price
$54,000
Premium/Discount to List
$1,100
2.08%
Current Estimated Value
$119,666

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,666
Avg. Annual Appreciation
6.96%

Purchase Details

Listed on
Dec 27, 2013
Closed on
Jan 15, 2014
Sold by
Ngadikun Eko Iswanto Sarliyah
Bought by
Fannie Mae and Federal National Mortgage Association
Seller's Agent
Daniel Register
Northrop Realty
Buyer's Agent
Teshome Jiffar
Rothschild Universal Realty LLC
List Price
$52,900
Sold Price
$54,000
Premium/Discount to List
$1,100
2.08%

Purchase Details

Closed on
Jul 18, 2007
Sold by
Tokareva Tatiana
Bought by
Iswanto Eko and Ngadikun Sarliyah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,400
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 11, 2007
Sold by
Tokareva Tatiana
Bought by
Iswanto Eko and Ngadikun Sarliyah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,600
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 4, 2007
Sold by
Gomez Asha
Bought by
Tokareva Tatiana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,600
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 20, 2007
Sold by
Gomez Asha
Bought by
Tokareva Tatiana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
11.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 30, 2006
Sold by
Gurusamy Nirmaladevi
Bought by
Gomez Asha and Unit 8

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,500
Interest Rate
5.85%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 19, 2005
Sold by
Gurusamy Nirmaladevi
Bought by
Gomez Asha and Unit 8

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,500
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
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
Sambo Olana W $54,000 Fidelity Natl Title Ins Co
Fannie Mae $149,525 None Available
Iswanto Eko $172,000 --
Iswanto Eko $172,000 --
Tokareva Tatiana $135,000 --
Tokareva Tatiana $135,000 --
Gomez Asha $100,000 --
Gomez Asha $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Iswanto Eko $34,400
Previous Owner Iswanto Eko $137,600
Previous Owner Iswanto Eko $137,600
Previous Owner Tokareva Tatiana $135,000
Previous Owner Tokareva Tatiana $135,000
Previous Owner Gomez Asha $31,500
Previous Owner Gomez Asha $73,500
Previous Owner Gomez Asha $73,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2014 02/21/14 Sold $54,000 +2.1% $62 / Sq Ft
01/23/2014 01/23/14 Pending -- -- --
01/06/2014 01/06/14 For Sale $52,900 -2.0% $61 / Sq Ft
12/27/2013 12/27/13 Off Market $54,000 -- --
12/27/2013 12/27/13 For Sale $52,900 -- $61 / 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
2024 $1,362 $85,000 $25,500 $59,500
2023 $853 $76,667 $0 $0
2022 $760 $68,333 $0 $0
2021 $1,113 $60,000 $18,000 $42,000
2020 $989 $60,000 $18,000 $42,000
2019 $859 $60,000 $18,000 $42,000
2018 $1,019 $62,000 $15,000 $47,000
2017 $761 $53,333 $0 $0
2016 -- $44,667 $0 $0
2015 $1,374 $36,000 $0 $0
2014 $1,374 $36,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003790432

Bright MLS

APN: 17-1885458