NOT LISTED FOR SALE

8700 Ritchie Dr Capitol Heights, MD 20743

Estimated Value: $21,666,042

Studio
-- Bath
102,702 Sq Ft
$211/Sq Ft Est. Value

About This Home

This home is located at 8700 Ritchie Dr, Capitol Heights, MD 20743 and is currently estimated at $21,666,042, approximately $210 per square foot. 8700 Ritchie Dr is a home located in Prince George's County with nearby schools including John H. Bayne Elementary School, Walker Mill Middle School, and Largo High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 16, 2023
Sold by
8700 Ritchie Drive Owner Llc
Bought by
Lba Or Core-Company Xxi Llc
Current Estimated Value
$21,666,042

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,330,000
Outstanding Balance
$9,070,570
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$12,776,138

Purchase Details

Closed on
Oct 30, 2020
Sold by
Hampton Heights One Llc
Bought by
8700 Ritchie Drive Owner Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,000,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 30, 2000
Sold by
Equity Hampton Associates L L C
Bought by
Hampton Heights One Llc Etal

Purchase Details

Closed on
Aug 6, 1998
Sold by
Mwg & Vii Inc
Bought by
Equity Hampton Associates L L C and 408 Ralph Dweck Ste

Purchase Details

Closed on
Dec 20, 1991
Sold by
Ritchie Walker
Bought by
Mwg-Vii Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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
Lba Or Core-Company Xxi Llc $20,400,000 Fidelity National Title
8700 Ritchie Drive Owner Llc $12,300,000 Stewart Title Guaranty Co
Hampton Heights One Llc Etal $4,800,000 --
Equity Hampton Associates L L C $445,000 --
Mwg-Vii Inc $3,680,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lba Or Core-Company Xxi Llc $9,330,000
Previous Owner 8700 Ritchie Drive Owner Llc $9,000,000
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
2025 $220,227 $16,928,700 -- --
2024 $220,227 $14,348,100 -- --
2023 $181,726 $11,767,500 $2,622,300 $9,145,200
2022 $149,531 $9,600,967 $0 $0
2021 $117,336 $7,434,433 $0 $0
2020 $85,141 $5,267,900 $2,622,300 $2,645,600
2019 $75,436 $5,267,900 $2,622,300 $2,645,600
2018 $85,141 $5,267,900 $2,622,300 $2,645,600
2017 $94,430 $5,893,000 $0 $0
2016 -- $5,893,000 $0 $0
2015 $89,624 $5,893,000 $0 $0
2014 $89,624 $6,482,800 $0 $0
Source: Public Records

Map

Maryland Prince George's County Capitol Heights 20743

8700 Ritchie Dr, Capitol Heights, MD

Not Listed for Sale

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