NOT LISTED FOR SALE

9009 Magnolia Ave Lanham, MD 20706

Seabrook Neighborhood

Estimated Value: $115,000 - $631,000

0.97 Acre
$287,669 Price per Acre
42,253 Sq Ft Lot

Last Sold March 23, 2021

Last sale price $250,000

Est. 12% increase in value since last sale

Current estimated payment $1,601/month

453 Days on Market

About This Lot

As of March 2021

HUGE PRICE DROP!!!!Existing house on SIX separate buildable lots. Addresses are 9009,9011,9013,9015,9017 and 9019 Magnolia Ave. Street has sidewalk, curb cut and apron. In perfect commuting location with quick access to 495, Route 50, and 95 plus public transportation. One lot has expired building permit that owner will transfer to buyer at no additional cost ($25K savings!) Walk the lots and see for yourself! Brand New Homes on comp lots $525k +/-! (5 lots at 6500 sq feet EACH, 6th lot is 9,758 sq feet) TO BE SOLD AS ONE PARCEL

Last Agent to Sell the Property

Stacie Hatziyannis

Berkshire Hathaway HomeServices PenFed Realty License #SP101472 Listed on: 11/27/2019

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Oludotun Dawodu

Keller Williams Preferred Properties License #0577078

Keller Williams Preferred Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $866

Lot Details

  • 0.97 Acre Lot
  • Additional Parcels
  • Property is zoned R55

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 17203203494

Property Details

Property Type

Land

Est. Annual Taxes

$866

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only, Residential, Vacant
  • New Construction: No
  • Automatically Close On Close Date: No
  • Remarks Public: HUGE PRICE DROP!!!!Existing house on SIX separate buildable lots. Addresses are 9009,9011,9013,9015,9017 and 9019 Magnolia Ave. Street has sidewalk, curb cut and apron. In perfect commuting location with quick access to 495, Route 50, and 95 plus public transportation. One lot has expired building permit that owner will transfer to buyer at no additional cost ($25K savings!) Walk the lots and see for yourself! Brand New Homes on comp lots $525k +/-! (5 lots at 6500 sq feet EACH, 6th lot is 9,758 sq feet) TO BE SOLD AS ONE PARCEL
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 11.24
  • Street Number Modifier: 9009

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
  • School District Key: 121137599599
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: Yes
  • Land Use Code: 011
  • Lot Size Acres: 0.97
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 42258.00
  • Year Assessed: 2020
  • Zoning: R55
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14714786
  • Tax Annual Amount: 866.00
  • Assessor Parcel Number: 17203203494
  • Tax Lot: 6
  • Tax Page Number: 236
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 03/23/2021

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2019
Closed on
Mar 15, 2021
Sold by
Sohrabi Markuski V and Sohrabi Ovrang R
Bought by
Thompson Dorian G
Seller's Agent
Stacie Hatziyannis
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Oludotun Dawodu
Keller Williams Preferred Properties
List Price
$474,900
Sold Price
$250,000
Premium/Discount to List
-$224,900
-47.36%
Current Estimated Value
$279,039

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,039
Avg. Annual Appreciation
4.22%
Original Mortgage
$112,500
Interest Rate
2.8%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Thompson Dorian G $150,000 Paragon Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thompson Dorian G $112,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2021 03/23/21 Sold $250,000 -47.4% --
02/22/2021 02/22/21 Pending -- -- --
01/21/2021 01/21/21 For Sale $474,900 0.0% --
10/08/2020 10/08/20 Pending -- -- --
09/14/2020 09/14/20 Price Changed $474,900 -32.1% --
02/25/2020 02/25/20 Price Changed $699,899 0.0% --
11/27/2019 11/27/19 For Sale $699,900 -- --
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 $959 $61,767 $61,767 $0
2023 $875 $56,100 $56,100 $0
2022 $622 $55,900 $0 $0
2021 $869 $55,700 $0 $0
2020 $866 $55,500 $55,500 $0
2019 $795 $55,500 $55,500 $0
2018 $866 $55,500 $55,500 $0
2017 $866 $55,500 $0 $0
2016 -- $55,500 $0 $0
2015 $795 $55,500 $0 $0
2014 $795 $55,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Stacie Hatziyannis

    Seller's Agent in 2021

    Stacie Hatziyannis

    BHHS PenFed (actual)

    (301) 928-7465

    3 in this area

    129 Total Sales

    Stacie Hatziyannis
    Section Image

  • O

    Buyer's Agent in 2021

    Oludotun Dawodu

    Keller Williams Preferred Properties

    (202) 439-5336

    3 in this area

    24 Total Sales

    Oludotun Dawodu
    Section Image
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Map

Source: Bright MLS

MLS Number: MDPG552150

Bright MLS

APN: 20-3203494

Maryland Prince George's County Lanham 20706 Seabrook

9009 Magnolia Ave, Lanham, MD

This home is located at 9009 Magnolia Ave, Lanham, MD 20706 since 27 November 2019 and is currently estimated at $279,039. 9009 Magnolia Ave is a home located in Prince George's County with nearby schools including Gaywood Elementary School, Thomas Johnson Middle School, and Duval High School.

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