NOT LISTED FOR SALE

8320 Potomac Ave College Park, MD 20740

Estimated Value: $435,000 - $536,000

-- Bed
1 Bath
868 Sq Ft
$556/Sq Ft Est. Value

Last Sold January 25, 2013

Last sale price $250,000 $288 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $3,045/month

Highlights

  • No HOA
  • Efficiency Studio
  • Baseboard Heating

About This Home

As of October 2013

Studio available for rent in quiet neighborhood in College Park, close to UMD. Available furnished or unfurnished. Renovated, clean, full bath, with outside entrance (No oven or stove as not allowed per city regulations). Must have good credit history and/or references, or a co-signer.

Last Agent to Rent the Property

Joseph Williams

(240) 460-2541 feltonrealestatedmv@gmail.com Felton Realty LLC License #645913 Listed on: 09/22/2013

Last Renter's Agent

Joseph Williams

(240) 460-2541 feltonrealestatedmv@gmail.com Felton Realty LLC License #645913 Listed on: 09/22/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,954

Year Built

  • Built in 1930

Lot Details

  • 0.25 Acre Lot
  • Property is zoned R55

Home Design

  • Vinyl Siding

Interior Spaces

  • 1 Full Bathroom
  • Property has 1 Level
  • Efficiency Studio

Parking

  • On-Street Parking
  • Unassigned Parking

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Electric Water Heater
  • Public Septic

Community Details

  • No Home Owners Association
  • Berwyn Subdivision

Listing and Financial Details

  • Residential Lease
  • Security Deposit $650
  • $50 Move-In Fee
  • Tenant pays for all utilities
  • 12-Month Lease Term
  • Available 9/23/13
  • $50 Application Fee
  • Assessor Parcel Number 17212360097

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,954

Year Built

Built in 1930

Lot Details

0

Rental Info

  • Date Available: 2013-09-23
  • Application Fee: 50.00
  • Lease Term: 12 Months
  • Pets Allowed: No
  • Security Deposit: 650.00
  • Tenant Pays: Utilities - All
  • Vacation Rental: No
  • Max Lease in Months: 12
  • Min Lease in Months: 12
  • Move In Fee: 50.00

Listing Details

  • Property Type: Residential Lease
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1930
  • Remarks Public: Studio available for rent in quiet neighborhood in College Park, close to UMD. Available furnished or unfurnished. Renovated, clean, full bath, with outside entrance (No oven or stove as not allowed per city regulations). Must have good credit history and/or references, or a co-signer.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Efficiency
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Street Number Modifier: 8320

Beds/Baths

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

Exterior Features

  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Unassigned
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Electric
  • Heating Type: Baseboard
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Septic, Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Size Acres: 0.25
  • Lot Size Area: 10890
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10890.00
  • Zoning: R55

Tax Info

  • Assessor Parcel Number: 14644221
  • Assessor Parcel Number: 17212360097
  • Tax Total Finished Sq Ft: 868
  • Close Date: 10/02/2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2012
Closed on
Jan 25, 2013
Sold by
Daugherty Edward Maxwell and Zambrana Joseph P
Bought by
Williams Joseph D and Williams Christopher M
Seller's Agent
Frank McKnew
RE/MAX Realty Group
Buyer's Agent
Frank McKnew
RE/MAX Realty Group
List Price
$275,000
Sold Price
$250,000
Premium/Discount to List
-$25,000
-9.09%
Current Estimated Value
$482,627

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$232,627
Avg. Annual Appreciation
5.44%
Original Mortgage
$245,471
Outstanding Balance
$173,333
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$315,706

Purchase Details

Closed on
Jul 29, 1988
Sold by
Lucas Michael G
Bought by
Daugherty Edward M
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
Williams Joseph D $250,000 Kvs Title Llc
Daugherty Edward M $48,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Joseph D $245,471
Previous Owner Daugherty Edward Maxwell $102,247
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2013 10/02/13 Rented $600 -7.7% --
10/02/2013 10/02/13 Under Contract -- -- --
09/22/2013 09/22/13 For Rent $650 0.0% --
01/25/2013 01/25/13 Sold $250,000 -3.8% $148 / Sq Ft
11/13/2012 11/13/12 Pending -- -- --
11/03/2012 11/03/12 Price Changed $260,000 -5.5% $154 / Sq Ft
09/21/2012 09/21/12 For Sale $275,000 -- $163 / 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 $5,954 $329,800 $126,200 $203,600
2023 $5,733 $323,100 $0 $0
2022 $4,369 $316,400 $0 $0
2021 $11,158 $309,700 $125,600 $184,100
2020 $10,511 $291,633 $0 $0
2019 $3,748 $273,567 $0 $0
2018 $1,383 $255,500 $100,600 $154,900
2017 $4,653 $241,100 $0 $0
2016 -- $226,700 $0 $0
2015 $4,854 $212,300 $0 $0
2014 $4,854 $212,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Joseph Williams

    Landlord's Agent in 2013

    Joseph Williams

    Felton Realty LLC

    (240) 460-2541

    1 in this area

    7 Total Sales

    Joseph Williams
    Section Image
  • Frank McKnew

    Seller's Agent in 2013

    Frank McKnew

    Remax 100

    (301) 520-5042

    236 Total Sales

    Frank McKnew
    Section Image
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Map

Source: Bright MLS

MLS Number: 1003726140

Bright MLS

APN: 21-2360097

Maryland Prince George's County College Park 20740

8320 Potomac Ave, College Park, MD

This home is located at 8320 Potomac Ave, College Park, MD 20740 since 22 September 2013 and is currently priced at $482,627. This property was built in 1930. 8320 Potomac Ave is a home located in Prince George's County with nearby schools including Paint Branch Elementary School, Greenbelt Middle School, and Parkdale High School.

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