NOT LISTED FOR SALE

8900 Spring Ave Lanham, MD 20706

Estimated Value: $515,000 - $595,587

3 Beds
2 Baths
1,620 Sq Ft
$342/Sq Ft Est. Value

Last Sold April 04, 2014

Last sale price $260,000 $160 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $3,602/month

Highlights

  • Rambler Architecture
  • Central Heating and Cooling System
  • Dining Area
  • No HOA

About This Home

As of January 2016

Conveniently located! Essay access to 95 and 295. Bright, spacious, and ample parking spaces! Big yard sweat able for cookout and entertainment!

Last Agent to Rent the Property

Kiros Asmamaw

(202) 207-6036 kasmamaw@gmail.com Heymann Realty, LLC License #595185 Listed on: 12/02/2015

Heymann Realty, LLC

Last Renter's Agent

Kimberly Wimbush

(301) 803-9027 kimwimbush_realtor@aol.com Heymann Realty, LLC License #SP98360719

Heymann Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,120

Year Built

  • Built in 2005

Lot Details

  • 0.39 Acre Lot
  • Property is zoned R80

Parking

  • Off-Street Parking

Home Design

  • Rambler Architecture
  • Vinyl Siding

Interior Spaces

  • Property has 1 Level
  • Dining Area

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Princess Gardens Subdivision

Listing and Financial Details

  • Residential Lease
  • Security Deposit $1,800
  • Tenant pays for all utilities
  • Rent includes taxes, trash removal
  • No Smoking Allowed
  • 24-Month Lease Term
  • Available 1/16/16
  • $40 Application Fee
  • Assessor Parcel Number 17202197614

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,120

Year Built

Built in 2005

Lot Details

0

Rental Info

  • Date Available: 2016-01-16
  • Application Fee: 40.00
  • Lease Term: 24 Months
  • Pets Allowed: No
  • Rent Includes: Taxes, Trash Removal
  • Security Deposit: 1800.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Utilities - All
  • Vacation Rental: No
  • Max Lease in Months: 24
  • Min Lease in Months: 24

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • New Construction: No
  • Story List: Main
  • Year Built: 2005
  • Remarks Public: Conveniently located! Essay access to 95 and 295. Bright, spacious, and ample parking spaces! Big yard sweat able for cookout and entertainment!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Dining Area
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Street Number Modifier: 8900

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Construction Materials: Vinyl Siding
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.39
  • Lot Size Area: 17096
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 17096.00
  • Property Attached Yn: No
  • Zoning: R80

Tax Info

  • Assessor Parcel Number: 14632116
  • Assessor Parcel Number: 17202197614
  • Tax Total Finished Sq Ft: 2388
  • Close Date: 01/15/2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2013
Closed on
Feb 27, 2014
Sold by
Fannie Mae
Bought by
Yared Henok and Abebe Mamie
Seller's Agent
Bob L
RE/MAX Excellence Realty
Buyer's Agent
Cobbie Prather
Independent Realty, Inc
List Price
$280,000
Sold Price
$260,000
Premium/Discount to List
-$20,000
-7.14%
Current Estimated Value
$553,897

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$293,897
Avg. Annual Appreciation
6.69%
Original Mortgage
$195,000
Outstanding Balance
$63,623
Interest Rate
4.32%
Mortgage Type
New Conventional
Estimated Equity
$483,096

Purchase Details

Closed on
Sep 10, 2013
Sold by
Dinsmore Robert E and Dinsmore Elizabeth A
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 10, 2004
Sold by
Dinsmore Timothy B
Bought by
Dinsmore Robert E

Purchase Details

Closed on
Jul 27, 2004
Sold by
Dinsmore Timothy B
Bought by
Dinsmore Robert E

Purchase Details

Closed on
Aug 18, 2003
Sold by
Dinsmore Timothy B
Bought by
Dinsmore Timothy B and Dinsmore Annmarie
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
Yared Henok $260,000 First American Title Ins Co
Federal National Mortgage Association $316,000 None Available
Dinsmore Robert E $120,000 --
Dinsmore Robert E $120,000 --
Dinsmore Timothy B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yared Henok $195,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2016 01/15/16 Rented $1,800 0.0% --
01/06/2016 01/06/16 Under Contract -- -- --
12/02/2015 12/02/15 For Rent $1,800 0.0% --
04/04/2014 04/04/14 Sold $260,000 +3.2% $160 / Sq Ft
02/08/2014 02/08/14 Pending -- -- --
01/06/2014 01/06/14 Price Changed $252,000 -10.0% $156 / Sq Ft
12/03/2013 12/03/13 For Sale $280,000 -- $173 / 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 $8,120 $519,600 $0 $0
2023 $7,470 $475,900 $82,600 $393,300
2022 $5,215 $469,000 $0 $0
2021 $7,367 $462,100 $0 $0
2020 $7,162 $455,200 $71,300 $383,900
2019 $6,253 $436,667 $0 $0
2018 $6,611 $418,133 $0 $0
2017 $5,782 $399,600 $0 $0
2016 -- $362,300 $0 $0
2015 $4,598 $325,033 $0 $0
2014 $4,598 $287,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001060331

Bright MLS

APN: 20-2197614