See Home Value
$3,100,000
● Land - Off Market

2402 MANOR GATE TER

UPPER MARLBORO, MD 20774
bedrooms
Studio
bathrooms
4 Baths, 1 Half Bath
square feet
2,480 Ft²
$3,088,468
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

Profitable Turn Key Marlboro Horse Farm conveniently located in the heart of Upper Marlboro! In addition to the main house on 24 acres, there are 3 other  continuous  lots included in the sale totaling over 45 acres.  This property features a spacious 5 bedroom farm house with panoramic views from all sides, inviting front porch to enjoy the sounds of nature, bright living area to include formal living room, separate dining room, family room with fireplace, country kitchen with breakfast area, center island, and stainless steel appliances.  4 generous sized bedrooms and office/den on upper level.  Primary bedroom features full bath and walk in closet.  Finished walk out lower level offers a separate apartment or in-law suite featuring kitchen, living area, bedroom, full bath and separate laundry.  Large recently renovated rear deck.  2 car garage.  There are four other dwelling units on this property which include several rental units with long term tenants with great rental history.  Property has miles of wooded trails, boarders a protected watershed, lighted stone-dust dressage arena, lighted grass arena, lighted grass round pen, three barns and room to board 36 horses.   Escape and relax by the large pond.  Minutes away from the Capital Beltway, Prince Georges Equestrian Center.  Easy access to major routes and convenient to Washington, DC and Annapolis.  Also included in the sale are 3 adjoining lots - Tax ID 8 2401 Manor Gate Terr; Tax ID 0 2407 Manor Gate Terr; Tax ID 2 2411 Manor Gate Terr. Possible development opportunity.
Unit Size
2,480 Ft²
Days on Market
-
Land Size
45.72 acres
Price per sqft
$1,250
Property Type
Land
Property Taxes
$576
HOA Dues
-
Year Built
1998

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Last updated: 3 years ago (Bright MLS #MDPG2094416)

Price History

Date / Event Date Event Price
Nov 14, 2023 Sold
Sold
Oct 23, 2023 Listed by W F Chesley Real Estate, LLC. $3,100,000
Listed by W F Chesley Real Estate, LLC.
Jan 13, 2023 No longer available -
No longer available
Dec 7, 2022 Relisted $3,150,000
Relisted
Nov 3, 2022 No longer available -
No longer available
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Property Highlights

Garage
Air Conditioning
Fireplace
With View

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 9
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 624
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,064,171
  • Total Building Area: 2,480
  • Gross Building Area: 2,480
  • Building Area: 2,480
  • Building Area Measurement: T

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 8
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MARLBORO MANOR PLAT THREE
  • Land Acres: 0000024430
  • Standard Land Use Code: 1008
  • County Land Use Code: A-B001
  • Legal Description 1: SUBJ TO AGTX DUAL USE

Neighborhood

  • School District Name: Prince George's County Public Schools
  • Census Tract: 800608

Zoning

  • Zoning: RE

Geography

  • Assessors Map Reference: 84 F2 0
  • Account Number: 3188224
  • District: 03
  • Parcel: 03-3188224
  • Block: D
  • Lot: 1
  • Latitude: 38.8576
  • Longitude: -76.7498

    Address

  • Full Address: 2402 Manor Gate Ter
  • Address - House Number: 2402
  • Address - Street Name: Manor Gate
  • Address - Suffix Type: Ter
  • State: MD
  • City Name: Upper Marlboro
  • Carrier Code: R015
  • 4-Digit Zip Code: 8554
  • Zip Code: 20774

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $565,971

    Appraisal Valuation

  • Standard Deviation: 0.1265
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 85
  • Final Value: 640,255
  • High Value: 721,264
  • Low Value: 559,245

    Market Valuation

  • Market Total Value: $586,900
  • Market Land Value: $186,700
  • Market Improvement Value: $400,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $508,967

    Sales

  • Current Sale Contract Date: Oct 20, 2023
  • Current Sale Recording Date: Nov 14, 2023
  • Current Sale Price:
  • Current Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Greater Upper Marlboro


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$3,500 /mo

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Frequently Asked Questions

When was property at 2402 Manor Gate Terrace built and last sold?
The property at 2402 Manor Gate Terrace was built in 1998 and last sold on Oct 20, 2023 for $3,100,000.
How much is this home worth?
The estimated value of the home located at 2402 Manor Gate Terrace is $0.
What are some comparable homes to 2402 Manor Gate Terrace?
There are currently no comparable homes to 2402 Manor Gate Terrace.