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4117 Silver Park Terrace

4117 Silver Park Terrace, Suitland, MD 20746
Sold Mar 26, 2012
$97,000
$94,541 by 1st Mariner Bank
Mortgage Due Apr 01, 2042
Sold Feb 02, 2004
$150,000
4117 Silver Park Terrace in Suitland, MD was first built in 1990 and is 34 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a townhouse style. There are a total of 2 floors. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 4117 Silver Park Terrace has 1,250 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 1 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 1,583 square feet.

Learn more about the property and building on this page. The roof of the home is made of composition shingle. The property is connected to a sewer system. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as average. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 4117 Silver Park Terrace sold most recently in Mar 9, 2012 for a total of $97,000. If you work out the math, that's approximately a cost of $77.60 per sqft. Before that, the property was also sold for $150,000 in Jan 1, 1970. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $2,739 in taxes each year. The initial year of tax delinquency occurred in 2016. 4117 Silver Park Terrace was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $246,300. If we break it down further, the land itself was valued at $60,000. Improvements to the property, however, were assessed at a total of $186,300. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Frame
  • Building Style: Townhouse
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 1
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,583
  • Total Building Area: 1,250
  • Gross Building Area: 1,250
  • Building Area: 1,250
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,250
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SILVER HILL ESTATES SEC 02
  • Land Acres: 0.036
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: SILVER HILL

Ownership

  • Current Owner : YUNUSA OLAYINKA A
  • Current Owner 2: YUNUSA BOLATITO
  • Previous Owner : JACKSON DENISE C
  • Owner Before Previous Owner: FEREBEE LEVONA Y
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Prince George's County Public Schools
  • Census Tract: 801907

Zoning

  • Zoning: RMF12

Geography

  • Assessors Map Reference: 88 D2 0
  • Account Number: 0484592
  • District: 06
  • Section: 2
  • Parcel: 06-0484592
  • Lot: 76
  • Latitude: 38.8369
  • Longitude: -76.9358

    Address

  • Full Address: 4117 Silver Park Ter
  • Address - House Number: 4117
  • Address - Street Name: Silver Park
  • Address - Suffix Type: Ter
  • State: MD
  • City Name: Suitland
  • Carrier Code: C023
  • 4-Digit Zip Code: 3048
  • Zip Code: 20746

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,739
  • Intital Tax Deliquent Year: 2016

    Appraisal Valuation

  • Standard Deviation: 0.1646
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 79
  • Final Value: 345,718
  • High Value: 402,650
  • Low Value: 288,787

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $106,014
  • First Open Lien Mortgage Lender: 1ST MARINER BANK
  • First Open Lien Mortgage Recording Date: Mar 26, 2012
  • First Open Lien Mortgage Loan Amount: $94,541
  • 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: Apr 01, 2042
  • Second Open Lien Mortgage Lender: MID-AMERICAN MORTGAGE INC
  • Second Open Lien Mortgage Recording Date: Oct 25, 2021
  • Second Open Lien Mortgage Loan Amount: $11,473
  • Second Open Lien Mortgage Term: 240
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Apr 01, 2042

    Market Valuation

  • Market Total Value: $246,300
  • Market Land Value: $60,000
  • Market Improvement Value: $186,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $246,300
  • Assessed Land Value: $60,000
  • Assessed Improvements Value: $186,300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 09, 2012
  • Current Sale Recording Date: Mar 26, 2012
  • Current Sale Transaction ID: 1084536728
  • Current Sale Price: $97,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Feb 02, 2004
  • Previous Sale Amount: $150,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: 1ST MARINER BANK
  • First Mortgage Transaction Date: Mar 26, 2012
  • First Mortgage Loan Amount: $94,541
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2042

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Frequently Asked Questions

What neighborhood is 4117 Silver Park Terrace located in?
The 4117 Silver Park Terrace is a located in the neighborhood of Suitland - Silver Hill in Suitland - Silver Hill, Suitland.
What is the average sales price for listings in 4117 Silver Park Terrace?
The average sales price for units in 4117 Silver Park Terrace is $0 currently.

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