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3931 Nicholson Street

3931 Nicholson Street, Hyattsville, MD 20782
Property in Hyattsville
Sold Apr 28, 2020
$295,000
$289,656 by The Federal Savings Bank
Mortgage Due Mar 01, 2050
Sold Dec 15, 1997
$48,000
3931 Nicholson Street has been categorized by the local assessors in Hyattsville, MD as a residential type of property. The building on the property was first built in 1923 and is 101 years old. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 3931 Nicholson Street has 1,378 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a finished improved basement that is 1 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 13,983 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. Residents will have the luxury of enjoying a open porch. Moving on to the building itself. The condition of the building has been evaluated as average. 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 frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The roof of the building is made of composition shingle. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. The building on the property is connected to a sewer system. The property was last sold in Feb 11, 2020 for $295,000. That's $214.08 per sqft. Prior to that sales transaction, the property was also sold in Jan 1, 1970 for $48,000. 3931 Nicholson Street was last assessed in 2023. The total value of the property was assessed at $388,900. 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 $6,195. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1923
  • Effective Year Built: 1923
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Frame
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 1
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 13,983
  • Total Building Area: 1,378
  • Gross Building Area: 1,378
  • Building Area: 1,378
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,378
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NORTHWEST HYATTSVILLE
  • Land Acres: 0.321
  • Standard Land Use Code: Single family residential
  • Legal Description 1: E HALF LOT 30

Ownership

  • Current Owner : GUERRA PEDRO M
  • Current Owner 2: MORALES CARLOS M
  • Previous Owner : JACKSON RONALD C
  • Owner Before Previous Owner: JACKSON THURMAN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Et al (and others)

Neighborhood

  • School District Name: Prince George's County Public Schools
  • Census Tract: 806100

Zoning

  • Zoning: RSF65

Geography

  • Assessors Map Reference: 42 A4 0
  • Account Number: 1826882
  • District: 16
  • Parcel: 16-1826882
  • Lot: 30
  • Municipality: HYATTSVILLE
  • Latitude: 38.9595
  • Longitude: -76.9506

    Address

  • Full Address: 3931 Nicholson St
  • Address - House Number: 3931
  • Address - Street Name: Nicholson
  • Address - Suffix Type: St
  • State: MD
  • City Name: Hyattsville
  • Carrier Code: C006
  • 4-Digit Zip Code: 3063
  • Zip Code: 20782

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,195
  • Tax Rate Code Area: 088

    Appraisal Valuation

  • Standard Deviation: 0.1646
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 79
  • Final Value: 484,777
  • High Value: 564,608
  • Low Value: 404,946

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $298,407
  • First Open Lien Mortgage Lender: THE FEDERAL SAVINGS BANK
  • First Open Lien Mortgage Recording Date: Apr 28, 2020
  • First Open Lien Mortgage Loan Amount: $289,656
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2050
  • Second Open Lien Mortgage Lender: DEPARTMENT OF HOUSING & URBAN
  • Second Open Lien Mortgage Recording Date: Oct 06, 2020
  • Second Open Lien Mortgage Loan Amount: $8,751
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Mar 01, 2050

    Market Valuation

  • Market Total Value: $389,700
  • Market Land Value: $126,900
  • Market Improvement Value: $262,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $388,900

    Sales

  • Current Sale Contract Date: Feb 11, 2020
  • Current Sale Recording Date: Apr 28, 2020
  • Current Sale Transaction ID: 11761984037
  • Current Sale Price: $295,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Dec 15, 1997
  • Previous Sale Amount: $48,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: THE FEDERAL SAVINGS BANK
  • First Mortgage Transaction Date: Apr 28, 2020
  • First Mortgage Loan Amount: $289,656
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Mar 01, 2050

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Frequently Asked Questions

What neighborhood is 3931 Nicholson Street located in?
The 3931 Nicholson Street is a located in the neighborhood of Hyattsville in Hyattsville, Hyattsville.
What is the average sales price for listings in 3931 Nicholson Street?
The average sales price for units in 3931 Nicholson Street is $0 currently.

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