NOT LISTED FOR SALE

8601 Martin Luther King jr Hwy Lanham, MD 20706

Greater Landover Neighborhood

Estimated Value: $14,088,525

-- Bed
-- Bath
10,356 Sq Ft
$1,360/Sq Ft Est. Value

About This Home

This home is located at 8601 Martin Luther King jr Hwy, Lanham, MD 20706 and is currently estimated at $14,088,525, approximately $1,360 per square foot. 8601 Martin Luther King jr Hwy is a home located in Prince George's County with nearby schools including Judge Sylvania W. Woods Senior Elementary School, Kenmoor Middle School, and Charles Herbert Flowers High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 10, 2016
Sold by
Dbcds Llc
Bought by
Ukra Mark
Current Estimated Value
$14,088,525

Purchase Details

Closed on
Dec 11, 2014
Sold by
Maryland Cvs Pharmacy Llc
Bought by
Dbcds Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,135,921
Interest Rate
4.02%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 20, 2013
Sold by
Dixie Dale Llc
Bought by
Maryland Cvs Pharmacy Llc

Purchase Details

Closed on
Sep 6, 2013
Sold by
Wise Roberta M
Bought by
Maryland Cvs Pharmacy Llc

Purchase Details

Closed on
Oct 27, 1997
Sold by
Wise Henry A
Bought by
A Henry and Trstee Roberta
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Ukra Mark $7,549,000 Chicago Title Insurance Co
Dbcds Llc $7,032,100 None Available
Maryland Cvs Pharmacy Llc -- Home Title Company Inc
Maryland Cvs Pharmacy Llc $540,000 Home Title Company Inc
A Henry -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dbcds Llc $46,135,921
Source: Public Records

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 $114,603 $7,584,300 $0 $0
2023 $113,722 $7,528,700 $5,966,900 $1,561,800
2022 $83,037 $7,467,400 $0 $0
2021 $112,811 $7,406,100 $0 $0
2020 $110,989 $7,344,800 $5,966,900 $1,377,900
2019 $101,790 $7,108,267 $0 $0
2018 $102,176 $6,871,733 $0 $0
2017 $90,116 $6,635,200 $0 $0
2016 -- $6,060,167 $0 $0
2015 -- $5,485,133 $0 $0
2014 -- $398,400 $0 $0
Source: Public Records

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