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5502 Carters Lane

5502 Carters Lane, Riverdale, MD 20737
Property in East Riverdale
Sold Apr 23, 2018
$265,000
$287,016 by Precision Mortgage Llc
Mortgage Due Jun 01, 2052
Sold May 09, 1978
$47,500
5502 Carters Lane in Riverdale, MD was first built in 1956 and is 68 years old. This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 5502 Carters Lane has 925 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 5,555 square feet.

Learn more about the property and building on this page. There is a open porch. The roof of the home is made of composition shingle. The property is connected to a sewer system. 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. The exterior walls of the home are made of brick. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 5502 Carters Lane was last sold in Apr 6, 2018 for $265,000. According to our calculations, that's $286.49 per sqft. Prior to that sales transaction, the property was sold for $47,500 in May 9, 1978. Current property owners are expected to pay $3,107 in taxes per year. The property on 5502 Carters Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $279,433. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: B
  • Exterior Walls Type: Brick
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 1
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 5,555
  • Total Building Area: 925
  • Gross Building Area: 925
  • Building Area: 925
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 925
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ROGERS ADD
  • Land Acres: 0.128
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ROGERS ADDN

Ownership

  • Current Owner : VASQUEZ ANGELICA M
  • Current Owner 2: SORTO JOSE A
  • Previous Owner : TRICE DON H
  • Previous Owner 2: TRICE JEANNE C
  • Owner Before Previous Owner: ROSA JOHN B
  • 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: 806601

Zoning

  • Zoning: RSF65

Geography

  • Assessors Map Reference: 42 F4 0
  • Account Number: 2160315
  • District: 19
  • Parcel: 19-2160315
  • Block: F
  • Lot: 10
  • Latitude: 38.9541
  • Longitude: -76.9218

    Address

  • Full Address: 5502 Carters Ln
  • Address - House Number: 5502
  • Address - Street Name: Carters
  • Address - Suffix Type: Ln
  • State: MD
  • City Name: Riverdale
  • Carrier Code: C002
  • 4-Digit Zip Code: 2416
  • Zip Code: 20737

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,107

    Appraisal Valuation

  • Standard Deviation: 0.1882
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 75
  • Final Value: 366,766
  • High Value: 435,800
  • Low Value: 297,733

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $287,016
  • First Open Lien Mortgage Lender: PRECISION MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jun 03, 2022
  • First Open Lien Mortgage Loan Amount: $287,016
  • 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: Jun 01, 2052

    Market Valuation

  • Market Total Value: $291,100
  • Market Land Value: $100,300
  • Market Improvement Value: $190,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $279,433

    Sales

  • Current Sale Contract Date: Apr 06, 2018
  • Current Sale Recording Date: Apr 23, 2018
  • Current Sale Transaction ID: 11453769832
  • Current Sale Price: $265,000
  • Current Sale Document Type: Special Warranty Deed
  • Previous Sale Recording Date: May 09, 1978
  • Previous Sale Contract Date: May 09, 1978
  • Previous Sale Amount: $47,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: EMBRACE HOME LOANS INC
  • First Mortgage Transaction Date: Apr 23, 2018
  • First Mortgage Loan Amount: $251,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2048

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Frequently Asked Questions

What neighborhood is 5502 Carters Lane located in?
The 5502 Carters Lane is a located in the neighborhood of East Riverdale in East Riverdale, Riverdale.
What is the average sales price for listings in 5502 Carters Lane?
The average sales price for units in 5502 Carters Lane is $0 currently.

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