NOT LISTED FOR SALE

8006 54th Ave College Park, MD 20740

Estimated Value: $442,000 - $645,000

5 Beds
3 Baths
2,000 Sq Ft
$263/Sq Ft Est. Value

Last Sold July 05, 2023

Last sale price $483,000 $242 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,265/month

5 Days on Market

Highlights

  • Traditional Architecture
  • Great Room
  • Living Room
  • Bonus Room
  • No HOA
  • Central Air

About This Home

As of July 2023

Welcome to this beautifully renovated, turn-key home only 8-minute walk from the University of MD College Park campus! The long spacious driveway and large over-sized parking lot are sure to impress. Through the front door you will love the large Great Room which leads to the Brand-new Kitchen featuring Stainless steel appliances, a beautiful Island with room for 4 stools, plenty of counter space and lots of cabinet storage. The home has 3 bedrooms on the main level, one with a private exit door that also leads to the lower-level Bonus Room. The rear entrance leads to another rec room, and 2 large bedrooms with 2 full baths. Perfect for multi-generational living, and/or very Investor friendly! Great rental potential either whole house, or individual rooms. It is perfect for investors looking for a turn-key cash flow property. It has off street parking up to 6 cars behind the home and a large backyard. The home has multiple entrances for tenants to access the home, giving them the extra privacy that's so hard to find. Extensive upgrades include new roof, windows, HVAC, baths and kitchen totaling over $90,000. You don't want to miss this one! HVAC 2022, Roof- 2022, Electric 2022, kitchen- 2022, Water Heater, 2022 Bathroom Reno- 2022.

Last Agent to Sell the Property

Boni Vinter

(703) 378-8810 boni@shepherdhomesgroup.com Samson Properties License #669671 Listed on: 06/02/2023

Samson Properties

Last Buyer's Agent

Erika Dailey

(410) 705-6295 erika.Anne.dailey@gmail.com Hyatt & Company Real Estate, LLC License #681113

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,077

Year Built

  • Built in 1950 | Remodeled in 2022

Lot Details

  • 0.29 Acre Lot
  • Property is in excellent condition

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Permanent Foundation
  • Frame Construction

Interior Spaces

  • Property has 2 Levels
  • Great Room
  • Living Room
  • Bonus Room
  • Utility Room
  • Partially Finished Basement
  • Connecting Stairway

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • 3 Full Bathrooms

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Lakeland Subdivision

Listing and Financial Details

  • Assessor Parcel Number 17212410470

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,077

Year Built

Built in 1950 | Remodeled in 2022

Lot Details

0.29 Acres

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main
  • Expected On Market: 2023-06-03
  • Year Built: 1950
  • Year Renovated: 2022
  • Automatically Close On Close Date: No
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Foundation Details: Permanent
  • Levels Count: 2
  • Room List: Living Room, Kitchen, Great Room, Utility Room, Bonus Room
  • Basement: Yes
  • Basement Type: Connecting Stairway, Partially Finished
  • Total Sq Ft: 2000
  • Living Area Sq Ft: 2000
  • Price Per Sq Ft: 286.37
  • Above Grade Finished Sq Ft: 1746
  • Below Grade Finished Sq Ft: 254
  • Total Below Grade Sq Ft: 254
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 5
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Heat Pump(s)
  • 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
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.29
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12792.00
  • Property Condition: Excellent
  • Zoning: RESIDENTIAL
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5076.70
  • Assessor Parcel Number: 17212410470
  • Tax Year: 2023

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2023
Closed on
Jul 5, 2023
Sold by
Ref Properties Inc
Bought by
Maslar Patrick J and Varner-Maslar Kristin
Seller's Agent
Boni Vinter
Samson Properties
Buyer's Agent
Erika Dailey
Hyatt & Company Real Estate, LLC
List Price
$500,000
Sold Price
$483,000
Premium/Discount to List
-$17,000
-3.4%
Views
250
Current Estimated Value
$526,257

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,257
Avg. Annual Appreciation
3.22%
Original Mortgage
$386,400
Interest Rate
6.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 2022
Sold by
Ronald Turner
Bought by
Ref Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,338
Interest Rate
4.16%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Maslar Patrick J $483,000 Calvert Title
Maslar Patrick J $483,000 Calvert Title
Ref Properties Inc $210,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Maslar Patrick J $386,400
Previous Owner Ref Properties Inc $256,338
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/05/2023 07/05/23 Sold $483,000 -3.4% $242 / Sq Ft
06/08/2023 06/08/23 Pending -- -- --
06/02/2023 06/02/23 For Sale $500,000 -- $250 / Sq Ft
Source: Bright MLS

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 $5,968 $378,000 -- --
2024 $5,968 $330,600 $126,700 $203,900
2023 $5,469 $308,033 $0 $0
2022 $7,434 $285,467 $0 $0
2021 $4,714 $262,900 $125,800 $137,100
2020 $4,704 $260,567 $0 $0
2019 $4,449 $258,233 $0 $0
2018 $4,499 $255,900 $100,800 $155,100
2017 $4,054 $239,000 $0 $0
2016 -- $222,100 $0 $0
2015 $2,760 $205,200 $0 $0
2014 $2,760 $205,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDPG2080182

Bright MLS

APN: 21-2410470

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