NOT LISTED FOR SALE

8807 Spring Ave Lanham, MD 20706

Estimated Value: $417,000 - $450,000

4 Beds
2 Baths
1,000 Sq Ft
$426/Sq Ft Est. Value

Last Sold April 26, 2017

Last sale price $220,000 $220 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $2,638/month

Highlights

  • Rambler Architecture
  • Dining Area
  • Brick Driveway
  • Forced Air Heating and Cooling System

About This Home

As of April 2017

BACK TO THE MARKET ! SHORT SALE !! THIS IS SUBJECT TO THIRD PARTY APPROVAL !!! THIS IS LOVELY, WELL RENOVATED AND MAINTAINED DETACHED HOME. WOODEN FLOORS, UPDATED KITCHEN WITH STAINLESS STEEL APPLIANCES. GORGEOUS AND BEAUTIFUL INSIDE. AT LEAST 120 DAYS FOR FHA APPROVAL !!! SELLER PREFERS CHANG LAW FIRM FOR SHORT SALE NEGOTIATIONS AND SETTLEMENT. TEXT LISTING AGENT.

Last Agent to Sell the Property

OLOLADE OGUNFOWOKAN

(301) 404-9039 lolaogunfowokan@gmail.com Argent Realty, LLC License #SP40004121 Listed on: 10/06/2013

Argent Realty, LLC

Last Buyer's Agent

Mayra Cucufate

(240) 476-6283 mayracucufate@icloud.com Argent Realty, LLC License #653470

Argent Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,896

Year Built

  • 1962

Lot Details

  • 6,846 Sq Ft Lot
  • Property is zoned R55

Home Design

  • Rambler Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 2 Levels
  • Dining Area

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Connecting Stairway

Parking

  • Brick Driveway
  • Off-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 17202197473

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,896

Year Built

1962

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Special Features: 12
  • Property Sub Type: Detached
  • Year Built: 1962

Interior Features

  • Appliances: Dishwasher, Refrigerator, Stove, Dryer, Washer
  • Interior Amenities: Dining Area
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Connecting Stairway, Full, Fully Finished, Walkout Level
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 3
  • Lower Level Bedroom: 1
  • 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

  • Construction Materials: Brick
  • Pool: No Pool

Garage/Parking

  • Parking Features: Brick Driveway
  • Type Of Parking: Driveway, Off Street

Utilities

  • Refuse: 21.51
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Lot Info

  • Improvement Assessed Value: 107300.00
  • Land Assessed Value: 70200.00
  • Lot Size Acres: 0.16
  • Lot Size Area: 6846
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6846.00
  • Year Assessed: 2013
  • Zoning: R55

Tax Info

  • Assessor Parcel Number: 14632106
  • Tax Annual Amount: 2896.35
  • Assessor Parcel Number: 17202197473
  • Tax Lot: 1
  • Tax Total Finished Sq Ft: 1000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2013
Closed on
Apr 26, 2017
Sold by
Osilesi Milicent Ibijoke
Bought by
Rosales Darwin E Mayorga and Mayorga Karina Y
Seller's Agent
OLOLADE OGUNFOWOKAN
Argent Realty, LLC
Buyer's Agent
Mayra Cucufate
Argent Realty, LLC
List Price
$195,000
Sold Price
$220,000
Premium/Discount to List
$25,000
12.82%
Current Estimated Value
$426,275

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,275
Avg. Annual Appreciation
8.00%
Original Mortgage
$209,000
Outstanding Balance
$173,809
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$246,627

Purchase Details

Closed on
Oct 25, 2016
Sold by
Osilesi Milicent Ibijoke and Osilesi Michael Olayinka
Bought by
Osilesi Milicent Ibijoke

Purchase Details

Closed on
Jul 22, 1991
Sold by
Dewey Charles M
Bought by
Osilesi Michael O and Osilesi Milicent I
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
Rosales Darwin E Mayorga -- None Available
Osilesi Milicent Ibijoke -- None Available
Osilesi Michael O $129,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rosales Darwin E Mayorga $209,000
Previous Owner Osilesi Milicent I $236,495
Previous Owner Osilesi Milicent I $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2017 04/26/17 Sold $220,000 -2.2% $220 / Sq Ft
02/21/2017 02/21/17 Price Changed $225,000 +2.3% $225 / Sq Ft
10/27/2016 10/27/16 Price Changed $220,000 0.0% $220 / Sq Ft
10/16/2016 10/16/16 Pending -- -- --
10/15/2016 10/15/16 Off Market $220,000 -- --
10/12/2016 10/12/16 Price Changed $205,000 +5.1% $205 / Sq Ft
10/11/2016 10/11/16 Price Changed $195,000 0.0% $195 / Sq Ft
10/11/2016 10/11/16 For Sale $195,000 -13.3% $195 / Sq Ft
09/01/2016 09/01/16 Price Changed $225,000 +28.6% $225 / Sq Ft
06/05/2014 06/05/14 Price Changed $175,000 -10.3% $175 / Sq Ft
06/03/2014 06/03/14 Pending -- -- --
04/29/2014 04/29/14 Price Changed $195,000 -4.9% $195 / Sq Ft
04/22/2014 04/22/14 Price Changed $205,000 -4.7% $205 / Sq Ft
03/28/2014 03/28/14 Price Changed $215,000 -6.5% $215 / Sq Ft
03/20/2014 03/20/14 Price Changed $230,000 -9.8% $230 / Sq Ft
11/18/2013 11/18/13 Price Changed $255,000 -1.5% $255 / Sq Ft
11/11/2013 11/11/13 Price Changed $259,000 -3.7% $259 / Sq Ft
10/06/2013 10/06/13 For Sale $269,000 -- $269 / 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 $4,640 $323,333 $0 $0
2023 $4,518 $314,400 $70,500 $243,900
2022 $4,348 $304,900 $0 $0
2021 $4,184 $295,400 $0 $0
2020 $4,115 $285,900 $70,200 $215,700
2019 $3,957 $263,000 $0 $0
2018 $3,775 $240,100 $0 $0
2017 $3,625 $217,200 $0 $0
2016 -- $203,967 $0 $0
2015 $3,055 $190,733 $0 $0
2014 $3,055 $177,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003739460

Bright MLS

APN: 20-2197473