NOT LISTED FOR SALE

8514 Potomac Ave College Park, MD 20740

Estimated Value: $469,460 - $519,000

5 Beds
2 Baths
1,904 Sq Ft
$254/Sq Ft Est. Value

Last Sold March 20, 2015

Last sale price $275,000 $144 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $3,180/month

6 Days on Market

Highlights

  • Traditional Floor Plan
  • No HOA
  • Shed
  • Rambler Architecture
  • Double Pane Windows
  • 4-minute walk to Berwyn Park

About This Home

As of March 2015

BEAUTIFUL Brick Home. Conveniently located and steps away from University of Maryland campus, Byrd Stadium, College Park Metro, Marc Train and bus stops! Surrounded with shopping centers and malls, restaurants and IKEA. This home has "great potential". Well maintained and clean. Move-in condition. Perfect STARTER Home or Rental--- GREAT INVESTMENT!!! Location, Location, Location!!!

Last Agent to Sell the Property

Maria McGrath

Redfin Corp License #SP98375941 Listed on: 02/12/2015

Redfin Corp

Last Buyer's Agent

Ronald Golansky

RE/MAX Realty Group License #311666

RE/MAX Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,494

Year Built

  • Built in 1957

Lot Details

  • 5,471 Sq Ft Lot
  • Property is in very good condition
  • Property is zoned R55

Home Design

  • Rambler Architecture
  • Brick Exterior Construction
  • Aluminum Siding

Interior Spaces

  • 1,904 Sq Ft Home
  • Property has 2 Levels
  • Traditional Floor Plan
  • Ceiling Fan
  • Double Pane Windows
  • Six Panel Doors
  • Combination Kitchen and Dining Room

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Rear Basement Entry
  • Sump Pump
  • Natural lighting in basement

Parking

  • Driveway
  • Off-Street Parking

Outdoor Features

  • Shed

Schools

  • Parkdale High School

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Berwyn Addn Subdivision

Listing and Financial Details

  • Tax Lot 48
  • Assessor Parcel Number 17212353258

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,494

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main
  • Year Built: 1957
  • Remarks Public: BEAUTIFUL Brick Home. Conveniently located and steps away from University of Maryland campus, Byrd Stadium, College Park Metro, Marc Train and bus stops! Surrounded with shopping centers and malls, restaurants and IKEA. This home has "great potential". Well maintained and clean. Move-in condition. Perfect STARTER Home or Rental--- GREAT INVESTMENT!!! Location, Location, Location!!!
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Oven/Range - Electric, Refrigerator, Washer
  • Interior Amenities: Combination Kitchen/Dining, Floor Plan - Traditional
  • Window Features: Double Pane
  • Fireplace: No
  • Door Features: Six Panel
  • Entry Location: Living Room
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Rear Entrance, Full, Fully Finished, Daylight, Full, Outside Entrance, Walkout Level, Sump Pump
  • Living Area Units: Square Feet
  • Total Sq Ft: 1904
  • Living Area Sq Ft: 1904
  • Price Per Sq Ft: 144.43
  • Above Grade Finished Sq Ft: 1904
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 8514

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 3
  • Lower Level Bedroom: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Shed
  • Construction Materials: Brick, Aluminum Siding
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Paved Driveway
  • Type Of Parking: Driveway, Off Street

Utilities

  • Refuse: 34.42
  • 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

Condo/Co-op/Association

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

Schools

  • School District: PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
  • Elementary School: CALL SCHOOL BOARD
  • Middle School: CALL SCHOOL BOARD
  • High School: PARKDALE
  • School District Key: 121137599599
  • Elementary School: CALL SCHOOL BOARD
  • High School: PARKDALE
  • Middle Or Junior School: CALL SCHOOL BOARD

Lot Info

  • Improvement Assessed Value: 96900.00
  • Land Assessed Value: 100100.00
  • Lot Size Acres: 0.13
  • Lot Size Area: 5471
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5471.00
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Year Assessed: 2014
  • Zoning: R55
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14643721
  • Tax Annual Amount: 3493.85
  • Assessor Parcel Number: 17212353258
  • Tax Lot: 48
  • Tax Page Number: 743
  • Tax Total Finished Sq Ft: 952
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014
  • Close Date: 03/20/2015

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 8, 2023
Sold by
Germino Edward
Bought by
8514 Potomac Avenue Llc
Current Estimated Value
$484,365

Purchase Details

Closed on
Jan 11, 2022
Sold by
Germino Edward
Bought by
Germino Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,200
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 2016
Sold by
Germino Edward Thomas
Bought by
8514 Potomac Avenue Llc

Purchase Details

Listed on
Feb 12, 2015
Closed on
Mar 20, 2015
Sold by
Schwartz Ronald L and Schwartz Bradley
Bought by
Germino Edward Thomas
Seller's Agent
Maria McGrath
Redfin Corp
Buyer's Agent
Ronald Golansky
RE/MAX Realty Group
List Price
$275,000
Sold Price
$275,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.80%
Original Mortgage
$206,250
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 5, 2003
Sold by
Brown Carol A
Bought by
Schwartz Rudolph E
Source: Public Records

Range of Values:

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Average Value
Not Available
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
8514 Potomac Avenue Llc -- --
Germino Edward $323,200 Amrock
8514 Potomac Avenue Llc -- None Available
Germino Edward Thomas $275,000 First American Title Ins Co
Schwartz Ronald -- Wall Street Title & Associat
Schwartz Rudolph E $206,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Germino Edward $201,200
Previous Owner Schwartz Ronald $206,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2015 03/20/15 Sold $275,000 0.0% $144 / Sq Ft
02/18/2015 02/18/15 Pending -- -- --
02/16/2015 02/16/15 Off Market $275,000 -- --
02/12/2015 02/12/15 For Sale $275,000 -- $144 / 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 $6,544 $362,900 $125,200 $237,700
2023 $6,198 $349,667 $0 $0
2022 $5,970 $336,433 $0 $0
2021 $5,777 $323,200 $125,100 $198,100
2020 $5,423 $301,067 $0 $0
2019 $5,033 $278,933 $0 $0
2018 $4,662 $256,800 $100,100 $156,700
2017 $4,313 $236,867 $0 $0
2016 -- $216,933 $0 $0
2015 $3,847 $197,000 $0 $0
2014 $3,847 $197,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001038885

Bright MLS

APN: 21-2353258