NOT LISTED FOR SALE

8816 62nd Ave Berwyn Heights, MD 20740

Estimated Value: $485,000 - $533,852

5 Beds
3 Baths
1,584 Sq Ft
$320/Sq Ft Est. Value

Last Sold November 10, 2021

Last sale price $456,000 $288 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,330/month

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • No HOA
  • Oversized Parking
  • Walk-Up Access

About This Home

As of November 2021

PRICE IMPROVEMENT! Beautiful flat corner lot with an extra large .41 acre lot. Two full kitchens. Huge standalone garage. Roof was replaced in 2016. Kitchens were updated in 2017. HVAC was replaced in 2015. Like new appliances in main floor kitchen. House was a rental for years, and is divided so that the upstairs may be rented out separately, The upstairs has its own private entrance and kitchen. Bathrooms need work, flooring and paint need an update, but all major systems are working well. House is selling as-is but has so much potential.

Last Agent to Sell the Property

Kiyoung Nam

East West Realty License #SP200202986 Listed on: 09/09/2021

Last Buyer's Agent

Carolina Mosquera

Weichert, REALTORS License #0225065374

Weichert, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,170

Year Built

  • Built in 1950

Lot Details

  • 0.41 Acre Lot
  • Property is in below average condition
  • Property is zoned R55

Parking

  • 2 Car Detached Garage
  • 3 Driveway Spaces
  • Oversized Parking

Home Design

  • Converted Dwelling
  • Slab Foundation
  • Asphalt Roof

Interior Spaces

  • 1,584 Sq Ft Home
  • Property has 3 Levels

Flooring

  • Wood
  • Laminate
  • Tile or Brick

Bedrooms and Bathrooms

Partially Finished Basement

  • Walk-Up Access
  • Sump Pump
  • Drain
  • Laundry in Basement
  • Basement Windows

Schools

  • Berwyn Heights Elementary School
  • Greenbelt Middle School
  • Parkdale High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Berwyn Heights Subdivision

Listing and Financial Details

  • Tax Lot 22.23
  • Assessor Parcel Number 17212341501

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,170

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Converted Dwelling
  • Ownership: Fee Simple
  • Home Warranty: No
  • Inclusions: Refrigerators (3), Exhaust Fans (2), Dishwasher (1), Garbage Disposal, A/C window unit (1), Washer, Dryer
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2021-09-09
  • Federal Flood Zone: No
  • Year Built: 1950
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: PRICE IMPROVEMENT! Beautiful flat corner lot with an extra large .41 acre lot. Two full kitchens. Huge standalone garage. Roof was replaced in 2016. Kitchens were updated in 2017. HVAC was replaced in 2015. Like new appliances in main floor kitchen. House was a rental for years, and is divided so that the upstairs may be rented out separately, The upstairs has its own private entrance and kitchen. Bathrooms need work, flooring and paint need an update, but all major systems are working well. House is selling as-is but has so much potential.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Hardwood, Laminated, Tile/Brick
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Slab
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Daylight, Partial, Drain, Sump Pump, Walkout Stairs, Windows, Partially Finished
  • Laundry Type: Basement
  • Total Sq Ft: 1584
  • Living Area Sq Ft: 1584
  • Price Per Sq Ft: 283.78
  • Above Grade Finished Sq Ft: 1584
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 8816

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Oversized
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Detached Garage, Driveway
  • Number of Spaces in Driveway: 3

Utilities

  • Refuse: 34.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Heat Pump(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Natural Gas Available, Electric Available, Phone Available, Cable Tv Available, Sewer Available, Water Available
  • Water Source: Public

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: BERWYN HEIGHTS
  • Middle School: GREENBELT
  • High School: PARKDALE
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121137599599
  • School District Source: Listing Agent
  • Elementary School: BERWYN HEIGHTS
  • High School: PARKDALE
  • Middle Or Junior School: GREENBELT

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 261600.00
  • Land Assessed Value: 126400.00
  • Land Use Code: 011
  • Lot Size Acres: 0.41
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 18000.00
  • Property Condition: Below Average
  • Year Assessed: 2021
  • Zoning: R55
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Total Actual Rent: 31200.00
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14701683
  • Tax Annual Amount: 7170.00
  • Assessor Parcel Number: 17212341501
  • Tax Lot: 22.23
  • Tax Total Finished Sq Ft: 1584
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 11/10/2021

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2021
Closed on
Nov 10, 2021
Sold by
Patty Ahn
Bought by
Escobar Alba Perez
Seller's Agent
Kiyoung Nam
East West Realty
Buyer's Agent
Carolina Mosquera
Weichert, REALTORS
List Price
$489,900
Sold Price
$456,000
Premium/Discount to List
-$33,900
-6.92%
Current Estimated Value
$506,963

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,963
Avg. Annual Appreciation
2.66%
Original Mortgage
$433,200
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 25, 2013
Sold by
Nam Kyunghi
Bought by
Sohn Kiok E

Purchase Details

Closed on
Nov 15, 2005
Sold by
Hamel Harry R
Bought by
Ahn Patty

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
5.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2005
Sold by
Hamel Harry R
Bought by
Ahn Patty

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
5.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 17, 1969
Sold by
Teske Ernest W
Bought by
Hamel Harry R and Hamel Nina S
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
Escobar Alba Perez $6,384,000 New Title Company Name
Escobar Alba Perez $6,384,000 New Title Company Name
Sohn Kiok E -- None Available
Ahn Patty $450,000 --
Ahn Patty $450,000 --
Hamel Harry R $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Escobar Alba Perez $433,200
Previous Owner Ahn Patty K $290,500
Previous Owner Ahn Patty $336,000
Previous Owner Ahn Patty $336,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2021 11/10/21 Sold $456,000 +1.4% $288 / Sq Ft
10/07/2021 10/07/21 Pending -- -- --
09/23/2021 09/23/21 Price Changed $449,500 -8.2% $284 / Sq Ft
09/09/2021 09/09/21 For Sale $489,900 -- $309 / 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 $7,080 $362,300 $127,800 $234,500
2023 $6,969 $362,300 $127,800 $234,500
2022 $6,934 $362,300 $127,800 $234,500
2021 $7,495 $388,000 $126,400 $261,600
2020 $7,171 $370,833 $0 $0
2019 $6,493 $353,667 $0 $0
2018 $6,506 $336,500 $101,400 $235,100
2017 $5,107 $299,567 $0 $0
2016 -- $262,633 $0 $0
2015 $4,873 $225,700 $0 $0
2014 $4,873 $225,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDPG2010788

Bright MLS

APN: 21-2341501