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7107 Wells Parkway

7107 Wells Parkway, Hyattsville, MD 20782
Property in Adelphi
Sold May 07, 2018
$640,000
$340,000 by First Home Mortgage Corporatio
Mortgage Due Apr 01, 2048
Sold Jul 21, 2005
$650,000
7107 Wells Parkway 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 1948 and is 76 years old. Residents will have access to 4 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 7107 Wells Parkway has 2,375 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 18,997 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. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 231 sqft. According to our sources, there is one available parking space. 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 frame 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. The roof of the building is made of composition shingle. The exterior walls of the building are made of brick. 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. There is a single fireplace in the home. Perfect for those wintery nights. The building on the property is connected to a sewer system. 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, 7107 Wells Parkway sold most recently in Mar 19, 2018 for a total of $640,000. If you work out the math, that's approximately a cost of $269.47 per sqft. Before that, the property was also sold for $650,000 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 $6,815 in taxes each year. 7107 Wells Parkway was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $612,833. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1948
  • Effective Year Built: 1948
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Brick
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 1
  • Garage Type: Attached
  • Garage Square Area: 231
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 18,997
  • Total Building Area: 2,375
  • Gross Building Area: 2,375
  • Building Area: 2,375
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,375
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COLLEGE HTS ESTS PLAT 5
  • Land Acres: 0.436
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ESTATES

Ownership

  • Current Owner : KAISER THOMAS E
  • Current Owner 2: KAISER HELEN B
  • Previous Owner : CORDONE MARC
  • Previous Owner 2: CORDONE EDITH
  • Owner Before Previous Owner: JOSEPH JILL G
  • 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: 806400

Zoning

  • Zoning: RSF65

Geography

  • Assessors Map Reference: 33 A4 0
  • Account Number: 2424802
  • District: 21
  • Parcel: 21-2424802
  • Block: 8
  • Lot: 15
  • Latitude: 38.979
  • Longitude: -76.9528

    Address

  • Full Address: 7107 Wells Pkwy
  • Address - House Number: 7107
  • Address - Street Name: Wells
  • Address - Suffix Type: Pkwy
  • State: MD
  • City Name: Hyattsville
  • Carrier Code: C008
  • 4-Digit Zip Code: 1042
  • Zip Code: 20782

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,815

    Appraisal Valuation

  • Standard Deviation: 0.1724
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 77
  • Final Value: 789,279
  • High Value: 925,401
  • Low Value: 653,157

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $673,000
  • First Open Lien Mortgage Lender: FIRST HOME MORTGAGE CORPORATIO
  • First Open Lien Mortgage Recording Date: May 07, 2018
  • First Open Lien Mortgage Loan Amount: $340,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2048
  • Second Open Lien Mortgage Lender: GUARANTEED RATE INC
  • Second Open Lien Mortgage Recording Date: Dec 01, 2020
  • Second Open Lien Mortgage Loan Amount: $333,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Dec 01, 2050

    Market Valuation

  • Market Total Value: $630,400
  • Market Land Value: $252,900
  • Market Improvement Value: $377,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $612,833

    Sales

  • Current Sale Contract Date: Mar 19, 2018
  • Current Sale Recording Date: May 07, 2018
  • Current Sale Transaction ID: 11464405049
  • Current Sale Price: $640,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Jul 21, 2005
  • Previous Sale Amount: $650,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST HOME MORTGAGE CORPORATIO
  • First Mortgage Transaction Date: May 07, 2018
  • First Mortgage Loan Amount: $340,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2048

About Adelphi



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Frequently Asked Questions

What neighborhood is 7107 Wells Parkway located in?
The 7107 Wells Parkway is a located in the neighborhood of Adelphi in Adelphi, Hyattsville.
What is the average sales price for listings in 7107 Wells Parkway?
The average sales price for units in 7107 Wells Parkway is $0 currently.

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