NOT LISTED FOR SALE

6909 Olson Rd Takoma Park, MD 20912

Estimated Value: $78,000 - $490,000

0.18 Acre
$1,030,461 Price per Acre
7,975 Sq Ft Lot

Last Sold December 16, 2021

Last sale price $70,000

Est. 165% increase in value since last sale

Current estimated payment $1,060/month

167 Days on Market

Highlights

  • Secluded Lot
  • Wooded Lot
  • No HOA

About This Lot

As of December 2021

Two adjacent recorded buildable lots, 6909 and 6907 Olson Road, owned by different Sellers and both for sale, positioned at the elbow of Olson Road (which becomes Larch Avenue) ideally located near downtown Washington and two Metros, Takoma's Red Line and a soon-to-open Purple Line at University Blvd. & New Hampshire Avenue. Everything is nearby: shopping, restaurants, buses, farmers markets, schools. Both sites are nestled in woods, and tucked away for privacy, and bargain-priced for an opportunity hard to find this close in. Sewer service available; water service must be brought to each lot. See MDPG601462 for 6907 Olson. ENTER PROPERTIES AT YOUR OWN RISK. Neither Seller nor Agent make any claims or guarantees about the accuracy of the contents found in this listing, including its Disclosures section.

Last Listed By

Patricia Vucich

RE/MAX Excellence Realty License #73271 Listed on: 03/31/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $301

Lot Details

  • 7,975 Sq Ft Lot
  • Secluded Lot
  • Wooded Lot
  • Property is zoned R55

Utilities

  • Sewer Not Available

Community Details

  • No Home Owners Association
  • Takoma Park Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 17171981232

Property Details

Property Type

Land

Est. Annual Taxes

$301

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only, Residential
  • Historic: No
  • New Construction: No
  • Remarks Public: Two adjacent recorded buildable lots, 6909 and 6907 Olson Road, owned by different Sellers and both for sale, positioned at the elbow of Olson Road (which becomes Larch Avenue) ideally located near downtown Washington and two Metros, Takoma's Red Line and a soon-to-open Purple Line at University Blvd. & New Hampshire Avenue. Everything is nearby: shopping, restaurants, buses, farmers markets, schools. Both sites are nestled in woods, and tucked away for privacy, and bargain-priced for an opportunity hard to find this close in. Sewer service available; water service must be brought to each lot. See MDPG601462 for 6907 Olson. ENTER PROPERTIES AT YOUR OWN RISK. Neither Seller nor Agent make any claims or guarantees about the accuracy of the contents found in this listing, including its Disclosures section.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 10.66
  • Street Number Modifier: 6909

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: No Sewer System

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: No
  • Land Use Code: 011
  • Lot Features: Secluded, Trees/Wooded
  • Lot Size Acres: 0.18
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7975.00
  • Year Assessed: 2021
  • 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: 14724444
  • Tax Annual Amount: 301.00
  • Assessor Parcel Number: 17171981232
  • Tax Lot: 5
  • Tax Page Number: 1
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 12/16/2021

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2021
Closed on
Dec 15, 2021
Sold by
Blue Sky Properties Llc
Bought by
Kana Llc
Seller's Agent
Patricia Vucich
RE/MAX Excellence Realty
Buyer's Agent
Genet Lulu
Fairfax Realty Premier
List Price
$85,000
Sold Price
$70,000
Premium/Discount to List
-$15,000
-17.65%
Total Days on Market
167
Current Estimated Value
$185,483

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,483
Avg. Annual Appreciation
6.63%
Original Mortgage
$20,000
Interest Rate
3.11%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 23, 2013
Sold by
Prince Georges County Maryland
Bought by
Blue Sky Properties Llc

Purchase Details

Closed on
Dec 19, 2003
Sold by
Dujon Sharon
Bought by
Ekoma Philip I and Ekoma Lola B Ekoma

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
Kana Llc $980,000 First American Title
Blue Sky Properties Llc $535 None Available
Ekoma Philip I $78,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Kana Llc $20,000
Previous Owner Ekoma Philip I $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2021 12/16/21 Sold $70,000 -17.6% --
03/31/2021 03/31/21 For Sale $85,000 -- --
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 $321 $18,800 $18,800 $0
2023 $320 $18,767 $0 $0
2022 $320 $18,733 $0 $0
2021 $319 $18,700 $18,700 $0
2020 $301 $17,467 $0 $0
2019 $232 $16,233 $0 $0
2018 $264 $15,000 $15,000 $0
2017 $264 $15,000 $0 $0
2016 -- $15,000 $0 $0
2015 $215 $15,000 $0 $0
2014 $215 $15,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDPG601426

Bright MLS

APN: 17-1981232