NOT LISTED FOR SALE

Estimated Value: $81,000 - $189,000

3 Beds
1 Bath
936 Sq Ft
$200/mo HOA Fee

Last Sold December 26, 2012

Last sale price $25,600 $27 Per Sq Ft

Est. 359% increase in value since last sale

Current estimated payment $864/month

22 Days on Market

Highlights

  • Traditional Floor Plan
  • Galley Kitchen
  • Forced Air Heating and Cooling System

About This Home

As of December 2012

EXCELLENT OPPORTUNITY-ONE OF THE LARGEST UNITS LOCATED IN KINGS CROSSING.THE PROPERTY NEEDS SOME SPRUCING UP BUT HAS LOADS OF POTENTIAL.THIS IS A TRUE DIAMOND IN THE ROUGH.THIS UNIT IS CLOSE TO WASHINGTON DC AND ROUTE 495.THE PROPERTY IS APPROVED FOR HOMEPATH RENOVATION FINANCING.

Last Agent to Sell the Property

Bob L

boblewis33@aol.com RE/MAX Excellence Realty Listed on: 08/27/2012

Last Buyer's Agent

Michael Shannon

(202) 239-1518 michaelshannon@mris.com SEI Real Estate

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2000

Lot Details

  • Property is in below average condition

HOA Fees

  • $200 Monthly HOA Fees

Parking

  • 1 Assigned Parking Space

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Property has 1 Level
  • Traditional Floor Plan
  • Galley Kitchen

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

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

Community Details

  • Mid-Rise Condominium
  • King Crossing Community
  • Kings Crossing Subdivision

Listing and Financial Details

  • Tax Lot 20263
  • Assessor Parcel Number 17063286978

Property Details

Home Type

Condominium

Year Built

Built in 2000

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Ownership: Condominium
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 2000
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Kitchen - Galley, Floor Plan - Traditional
  • Fireplace: No
  • Entry Location: 1st Floor
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 200.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA: No

Lot Info

  • Improvement Assessed Value: 22000.00
  • Land Assessed Value: 10000.00
  • Property Condition: Below Average
  • Zoning: R10

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14718855
  • Tax Annual Amount: 1881.77
  • Assessor Parcel Number: 17063286978
  • Tax Lot: 20263
  • County Tax Payment Frequency: Annually
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2012
Closed on
Nov 28, 2012
Sold by
Fannie Mae
Bought by
Bridge Mangement Holdings Inc
Seller's Agent
Bob L
RE/MAX Excellence Realty
Buyer's Agent
Michael Shannon
SEI Real Estate
List Price
$20,999
Sold Price
$25,600
Premium/Discount to List
$4,601
21.91%
Current Estimated Value
$117,554

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,954
Avg. Annual Appreciation
12.51%

Purchase Details

Closed on
Aug 31, 2012
Sold by
Ford Carmen C
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 31, 2006
Sold by
Shedrick Janet
Bought by
Ford Carmen C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,100
Interest Rate
6.47%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Sep 27, 2006
Sold by
Shedrick Janet
Bought by
Ford Carmen C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,100
Interest Rate
6.47%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Sep 1, 2004
Sold by
Secretary Of H U D
Bought by
Shedrick Janet and Unit T 6

Purchase Details

Closed on
Mar 12, 2003
Sold by
Miller Trudy S Q and William Lamar T
Bought by
Secretary Of H U D and Union Center Plaza Phase Ii

Purchase Details

Closed on
Aug 17, 2000
Sold by
Kings Crossing Inc
Bought by
Miller Trudy S Q and William Lamar T
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
Bridge Mangement Holdings Inc $25,600 Gemini Title & Escrow Llc
Federal National Mortgage Association $121,000 None Available
Ford Carmen C $129,500 --
Ford Carmen C $129,500 --
Shedrick Janet $56,000 --
Secretary Of H U D $75,000 --
Miller Trudy S Q $71,995 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ford Carmen C $19,100
Previous Owner Shedrick Janet $102,000
Previous Owner Ford Carmen C $102,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/26/2012 12/26/12 Sold $25,600 +21.9% $27 / Sq Ft
09/18/2012 09/18/12 Pending -- -- --
08/27/2012 08/27/12 For Sale $20,999 -- $22 / 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
2025 $535 $34,200 $34,200 --
2024 $535 $34,200 $34,200 $0
2023 $1,721 $114,000 $34,200 $79,800
2022 $1,068 $96,000 $0 $0
2021 $1,453 $78,000 $0 $0
2020 $918 $60,000 $18,000 $42,000
2019 $821 $57,333 $0 $0
2018 $839 $54,667 $0 $0
2017 $701 $52,000 $0 $0
2016 -- $45,333 $0 $0
2015 $1,882 $38,667 $0 $0
2014 $1,882 $32,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Bright MLS

MLS Number: 1004137006

Bright MLS

APN: 06-3286978