NOT LISTED FOR SALE

8515 Rhode Island Ave College Park, MD 20740

Estimated Value: $403,000 - $476,000

5 Beds
3.5 Baths
1,605 Sq Ft
$281/Sq Ft Est. Value

Last Sold September 10, 2021

Last sale price $402,000 $250 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,971/month

Highlights

  • Colonial Architecture
  • Heat Pump System
  • 3-minute walk to Berwyn Park
  • Central Air

About This Home

As of September 2021

***OFFER SUBMISSION DEADLINE MONDAY, AUGUST 2 @ 5 PM, FINAL REVIEW AND DECISION WILL BE COMPLETED ON AUGUST 3RD.***Don't miss this opportunity to own an end unit townhome in College Square! Rarely available and located in quaint old Berwyn! Walk to UMD campuses! This spacious townhome boasts 5 bedrooms and 3.5 bathrooms and a partially finished lower-level with one private bedroom with attached full bath and a sizeable workshop area that is perfect for a workout area or storage. The entry level and upper level were recently professionally painted and updated with new plush w/w carpet. Features a spacious kitchen with breakfast eat-in area, combined dining and living area, and a master bedroom with ensuite bath and walk-in closet. Plus, a back patio perfect for BBQs. Low Homeowners Association fee. Close to shopping, University of MD, Trolley Trail, and Lake Artemesia. Easy access to public transportation, including the College Park-U of MD Metro stop. This great find in the College Square community is move-in ready for a primary residence buyer and/or a great investment opportunity to own a spacious rental in College Park! Current estimated rental prices in the area are $2,500. Windows and sliding glass door replaced in 2015 (Vytex). Front door and storm door replaced in 2015. Roof is original. HVAC was replaced in 2013 and has had a service contract with BGE. There is one assigned parking space. Otherwise, parking is on street and requires a permit from City of College Park. Preferred title company is Universal Title, Ellicott City.
Fun fact: Original owner was Gene Hackman!!!

Last Agent to Sell the Property

Delilah Dane

(301) 717-7755 delilah.dane@redfin.com Redfin Corp Listed on: 07/29/2021

Redfin Corp

Last Buyer's Agent

Leonard Wallace

(301) 675-9036 leonardwallace@gmail.com Realty 1, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,091

Year Built

  • Built in 1990

Lot Details

  • 1,798 Sq Ft Lot

HOA Fees

  • $18 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels

Bedrooms and Bathrooms

Partially Finished Basement

  • Interior Basement Entry
  • Basement with some natural light

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Parking Lot
  • 1 Assigned Parking Space

Schools

  • Paint Branch Elementary School
  • Greenbelt Middle School
  • Parkdale High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • College Square Community Association, Inc HOA
  • College Square Subdivision

Listing and Financial Details

  • Tax Lot 33
  • Assessor Parcel Number 17212361657

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,091

Year Built

Built in 1990

Lot Details

0

HOA Fees

$18 per month

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2021-07-29
  • Federal Flood Zone: No
  • Year Built: 1990
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Daylight, Partial, Interior Access, Partially Finished
  • Total Sq Ft: 1605
  • Living Area Sq Ft: 1605
  • Price Per Sq Ft: 227.27
  • Above Grade Finished Sq Ft: 1320
  • Below Grade Finished Sq Ft: 285
  • Total Below Grade Sq Ft: 285
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • All Lower Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Combination
  • 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
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 1

Utilities

  • Refuse: 34.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 210.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Name: COLLEGE SQUARE COMMUNITY ASSOCIATION, INC
  • HOA: Yes
  • Senior Community: No

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: Listing Agent
  • School District Source: 3rd Party
  • Elementary School: PAINT BRANCH
  • High School: PARKDALE
  • Middle Or Junior School: GREENBELT

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 171300.00
  • Land Assessed Value: 125000.00
  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1798.00
  • Zoning: RT
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14657853
  • Tax Annual Amount: 5091.00
  • Assessor Parcel Number: 17212361657
  • Tax Lot: 33
  • Tax Page Number: 54
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2021
Closed on
Aug 27, 2021
Sold by
Corazzi Nancy Buchheister
Bought by
Stofel Scott
Seller's Agent
Delilah Dane
Redfin Corp
Buyer's Agent
Leonard Wallace
Realty 1, Inc.
List Price
$300,000
Sold Price
$402,000
Premium/Discount to List
$102,000
34%
Current Estimated Value
$450,432

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,432
Avg. Annual Appreciation
2.79%
Original Mortgage
$281,250
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 21, 2010
Sold by
Corrazi Nancy
Bought by
Corazzi Nancy B

Purchase Details

Closed on
Nov 21, 2001
Sold by
Buchheister James J
Bought by
Buchheister James J Jr Testmntry T

Purchase Details

Closed on
Aug 31, 1994
Sold by
Conley Boyd F
Bought by
Buchheister James J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,200
Interest Rate
8.44%
Source: Public Records

Range of Values:

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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
Stofel Scott $402,000 Preferred Title & Escrow Inc
Corazzi Nancy B -- --
Buchheister James J Jr Testmntry T -- --
Buchheister James J $129,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stofel Scott $281,250
Previous Owner Buchheister James J $103,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/10/2021 09/10/21 Sold $402,000 0.0% $250 / Sq Ft
08/03/2021 08/03/21 Pending -- -- --
08/02/2021 08/02/21 Off Market $402,000 -- --
07/29/2021 07/29/21 For Sale $300,000 -- $187 / 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 $6,749 $404,800 -- --
2024 $6,749 $374,900 $125,000 $249,900
2023 $6,173 $348,700 $0 $0
2022 $5,717 $322,500 $0 $0
2021 $5,295 $296,300 $125,000 $171,300
2020 $5,091 $282,867 $0 $0
2019 $4,642 $269,433 $0 $0
2018 $4,482 $256,000 $100,000 $156,000
2017 $4,004 $237,900 $0 $0
2016 -- $219,800 $0 $0
2015 $4,228 $201,700 $0 $0
2014 $4,228 $201,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDPG2005122

Bright MLS

APN: 21-2361657