NOT LISTED FOR SALE

505 62nd Ave Fairmount Heights, MD 20743

Fairmount Heights Neighborhood

Estimated Value: $218,000 - $336,000

3 Beds
2 Baths
1,215 Sq Ft
$218/Sq Ft Est. Value

Last Sold September 30, 2024

Last sale price $220,000 $181 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,934/month

4 Days on Market

Highlights

  • 1 Fireplace
  • No HOA
  • Heating Available

About This Home

As of September 2024

needs work. Sold as is

Last Listed By

Keith Brooks

Thurston Wyatt Real Estate, LLC License #92727 Listed on: 08/30/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,692

Year Built

  • Built in 1937

Lot Details

  • 7,500 Sq Ft Lot
  • Property is zoned RSF65

Parking

  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Property has 1 Level
  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Utilities

  • Heating Available
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 28
  • Assessor Parcel Number 17182017580

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,692

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main
  • Expected On Market: 2024-09-06
  • Year Built: 1937
  • Automatically Close On Close Date: No
  • Remarks Public: needs work. Sold as is
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Other
  • Levels Count: 1
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2055
  • Living Area Sq Ft: 1215
  • Price Per Sq Ft: 181.07
  • Above Grade Finished Sq Ft: 1215
  • Below Grade Sq Ft: 840
  • Total Below Grade Sq Ft: 840
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 505

Beds/Baths

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

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • 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
  • School District Key: 121137599599
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: R
  • Lot Size Acres: 0.17
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7500.00
  • Year Assessed: 2024
  • Zoning: RSF65
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3692.00
  • Assessor Parcel Number: 17182017580
  • Tax Lot: 28
  • Tax Total Finished Sq Ft: 1215
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 09/30/2024

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2024
Closed on
Sep 30, 2024
Sold by
Al Czervik Llc
Bought by
Paradigm Investments Llc
Seller's Agent
Keith Brooks
Thurston Wyatt Real Estate, LLC
Buyer's Agent
Henry Ogbuli
EXP Realty, LLC
List Price
$219,999
Sold Price
$220,000
Premium/Discount to List
$1
0.0%
Total Days on Market
4
Views
79
Current Estimated Value
$264,521

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,521
Avg. Annual Appreciation
38.97%
Original Mortgage
$220,000
Outstanding Balance
$218,719
Interest Rate
6.2%
Mortgage Type
Credit Line Revolving
Estimated Equity
$45,802

Purchase Details

Closed on
Oct 8, 1970
Sold by
Matthews James R
Bought by
Evans Waverly and Evans Esther B

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
Paradigm Investments Llc $220,000 Presidential Title
Evans Waverly $17,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paradigm Investments Llc $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2024 09/30/24 Sold $220,000 0.0% $181 / Sq Ft
09/03/2024 09/03/24 Pending -- -- --
08/30/2024 08/30/24 For Sale $219,999 -- $181 / 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 $5,489 $265,900 $0 $0
2023 $4,862 $233,700 $65,700 $168,000
2022 $4,639 $222,733 $0 $0
2021 $4,422 $211,767 $0 $0
2020 $4,213 $200,800 $45,300 $155,500
2019 $4,214 $200,300 $0 $0
2018 $4,200 $199,800 $0 $0
2017 $4,188 $199,300 $0 $0
2016 -- $178,167 $0 $0
2015 $4,648 $157,033 $0 $0
2014 $4,648 $135,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2024

    Keith Brooks

    Thurston Wyatt Real Estate, LLC

    (410) 320-6785

    2 in this area

    254 Total Sales

    Keith Brooks
    Section Image
  • Henry Ogbuli

    Buyer's Agent in 2024

    Henry Ogbuli

    EXP Realty, LLC

    (443) 599-2272

    1 in this area

    19 Total Sales

    Henry Ogbuli
    Section Image
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Map

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Source: Bright MLS

MLS Number: MDPG2124200

Bright MLS

APN: 18-2017580

Maryland Prince George's County Fairmount Heights 20743 Fairmount Heights

505 62nd Ave, Fairmount Heights, MD

Homes for Sale in Fairmount Heights, MD

This home is located at 505 62nd Ave, Fairmount Heights, MD 20743 since 30 August 2024 and is currently estimated at $264,521, approximately $217 per square foot. This property was built in 1937. 505 62nd Ave is a home located in Prince George's County with nearby schools including Seat Pleasant Elementary School, G. James Gholson Middle School, and Fairmont Heights High School.

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