NOT LISTED FOR SALE

9107 Wallace Rd Lanham, MD 20706

Estimated Value: $357,000 - $384,734

3 Beds
1.5 Baths
936 Sq Ft
$400/Sq Ft Est. Value

Last Sold February 17, 2012

Last sale price $130,000 $139 Per Sq Ft

Est. 188% increase in value since last sale

Current estimated payment $2,259/month

150 Days on Market

Highlights

  • Rambler Architecture
  • Forced Air Heating and Cooling System
  • Combination Dining and Living Room

About This Home

As of February 2012

Charming Rambler with a basement on a quiet tree lined street in Lanham with an open floor plan. Property has new paint, new carpet and other repairs. Close proximity to major transportation routes and shopping. Priced to sell quickly.

Last Agent to Sell the Property

Tyrone Armstrong

tarmstrong@benrealtyfs.com Beneficial Real Estate & Financial Services License #MRIS:18695 Listed on: 06/03/2011

Last Buyer's Agent

Stephanie Page

stephaniepage@kw.com Keller Williams Preferred Properties License #MRIS:119672

Home Details

Home Type

  • Single Family

Year Built

  • 1956

Lot Details

  • 10,062 Sq Ft Lot
  • Property is zoned RR

Parking

  • Off-Street Parking

Home Design

  • Rambler Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 2 Levels
  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • Rear Basement Entry

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 45
  • Assessor Parcel Number 17202280063

Home Details

Home Type

Single Family

Year Built

1956

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: 20
  • Property Sub Type: Detached
  • Year Built: 1956

Interior Features

  • Interior Amenities: Combination Dining/Living
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Rear Entrance, Full
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Construction Materials: Combination, Brick
  • Pool: No Pool

Garage/Parking

  • Type Of Parking: Off Street

Utilities

  • Refuse: 20.93
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Lot Info

  • Improvement Assessed Value: 179760.00
  • Land Assessed Value: 70600.00
  • Lot Size Acres: 0.23
  • Lot Size Area: 10062
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10062.00
  • Zoning: RR

Tax Info

  • Assessor Parcel Number: 14638206
  • Tax Annual Amount: 3705.84
  • Assessor Parcel Number: 17202280063
  • Tax Lot: 45

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2011
Closed on
Feb 16, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Ngala Ngange N
Seller's Agent
Tyrone Armstrong
Beneficial Real Estate & Financial Services
Buyer's Agent
Stephanie Page
Keller Williams Preferred Properties
List Price
$104,900
Sold Price
$130,000
Premium/Discount to List
$25,100
23.93%
Current Estimated Value
$373,934

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,934
Avg. Annual Appreciation
7.87%
Original Mortgage
$6,500
Outstanding Balance
$4,814
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$369,120

Purchase Details

Closed on
Mar 23, 2011
Sold by
Ruano Alfredo and Ruano Sandra M
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Aug 10, 2010
Sold by
Ruano Alfredo and Ruano Sandra M
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jun 26, 2007
Sold by
Ruano Alfredo
Bought by
Ruano Alfredo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,250
Interest Rate
6.39%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Nov 13, 2006
Sold by
Ruano Alfredo
Bought by
Ruano Alfredo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 3, 2005
Sold by
Wallace Douglas C Jr Etal
Bought by
Ruano Alfredo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.83%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 27, 2005
Sold by
Wallace Douglas C Jr Etal
Bought by
Ruano Alfredo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 27, 2001
Sold by
Wright John C
Bought by
Wallace Douglas C Jr Etal
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ngala Ngange N $130,000 None Available
Federal Home Loan Mortgage Corporation $189,505 --
Federal Home Loan Mortgage Corporation $189,505 --
Ruano Alfredo -- --
Ruano Alfredo -- --
Ruano Alfredo $250,000 --
Ruano Alfredo $250,000 --
Wallace Douglas C Jr Etal $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ngala Ngange N $6,500
Open Ngala Ngange N $126,704
Previous Owner Ruano Alfredo $53,250
Previous Owner Ruano Alfredo $284,000
Previous Owner Ruano Alfredo $284,000
Previous Owner Ruano Alfredo $50,000
Previous Owner Ruano Alfredo $200,000
Previous Owner Ruano Alfredo $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/17/2012 02/17/12 Sold $130,000 0.0% $139 / Sq Ft
11/01/2011 11/01/11 Off Market $130,000 -- --
10/31/2011 10/31/11 Pending -- -- --
10/14/2011 10/14/11 For Sale $104,900 0.0% $112 / Sq Ft
09/02/2011 09/02/11 Pending -- -- --
08/05/2011 08/05/11 For Sale $104,900 0.0% $112 / Sq Ft
06/08/2011 06/08/11 Pending -- -- --
06/03/2011 06/03/11 For Sale $104,900 -- $112 / Sq Ft
Source: Bright MLS

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 $3,779 $312,000 -- --
2024 $3,779 $274,000 -- --
2023 $3,594 $236,000 $71,200 $164,800
2022 $3,482 $232,967 $0 $0
2021 $3,374 $229,933 $0 $0
2020 $3,341 $226,900 $70,600 $156,300
2019 $3,220 $209,400 $0 $0
2018 $3,082 $191,900 $0 $0
2017 $2,963 $174,400 $0 $0
2016 -- $172,233 $0 $0
2015 $3,929 $170,067 $0 $0
2014 $3,929 $167,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004459758

Bright MLS

APN: 20-2280063