2434 Chillum Road

2434 Chillum Road has been categorized by the local assessors in Hyattsville, MD as a commercial type of property. The building on the property was first built in 1958 and is 66 years old. This is a single story building so stairs are not necessary to access other parts of the home. The area measurement of the land has been determined as 15,000 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. We know that this is 3 code building. This code stands for "buildings that have exterior walls made of non-combustible material. The interior partitions and roof structure are combustible materials. For example, the building may have concrete floors or a wood frame". Moving on to the building itself. The condition of the building has been evaluated as good. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with brick control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. In terms of heating, it is utilizing a space/suspended heating system. The building on the property is connected to a sewer system. The property was last sold in Dec 2, 2016 for $620,000. That's $187.88 per sqft. Prior to that sales transaction, the property was also sold in Mar 5, 1992 for $200,000. 2434 Chillum Road was last assessed in 2023. The total value of the property was assessed at $1,647,367. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $18,319. The initial tax year of delinquency was in 2023. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged.