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$489,900
● House - For Sale

8402 MARGO ROAD

LANHAM, MD 20706
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,980 Ft²
$2,953
Est. Monthly

About This Property

Spacious 4 bedroom/2.5 bath ONE OWNER home in the heart of Lanham. This charming Colonial was purchased by the current owners in 1972 and maintained for the past 54 years! It offers a wealth of possibilities and features not usually found at this price range including 4 bedrooms and 2 full baths on the upper level, a primary bedroom with en-suite bath and walk-in closet, beautiful oak hardwood floors on the main and upper levels and a cozy family room with brick accent wall, wood-burning fireplace and exposed beams, and a nearly new roof (2023). The large basement has tons of space for future renovations/improvements, a workshop or storage. The semi-private terraced backyard is a gardener's paradise or the perfect place to unwind after a long day. There are also many mature trees on the generous-sized lot. The single car garage has additional space for yard tools and storage. Conveniently located near Nasa Goddard, I-495, University Blvd/Greenbelt Road, the Baltimore-Washington Parkway and US-50. Homes like this in the Woodlark neighborhood rarely become available so don't miss out on your chance to see it and own it.
Unit Size
1,980 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$247
Property Type
House
Property Taxes
$547
HOA Dues
-
Year Built
1972

Listed By

John Young
John Young
RE/MAX Excellence Realty

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Last updated: 16 days ago (Bright MLS #MDPG2217886)

Price History

Date / Event Date Event Price
Sep 9, 2026 Listed by RE/MAX Excellence Realty $489,900
Listed by RE/MAX Excellence Realty
Jul 6, 1972 Sold
Sold

Property Highlights

Air Conditioning
Fireplace
Garage
Parking Details
Has Garage
Parking Features: Attached, Garage, Concrete Driveway
Garage Spaces: 1
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Breakfast Bar, Walk-In Closet(s), Attic, Carpet, Bathroom - Walk-In Shower, Chair Railings, Dining Area, Exposed Beams, Family Room Off Kitchen, Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Country, Kitchen - Table Space, Primary Bath(s), Wood Floors
Appliances: Dishwasher, Disposal, Dryer, Dryer, Exhaust Fan, Humidifier, Gas Oven, Range Hood, Refrigerator, Washer, Water Heater
Flooring Type: Hardwood, Vinyl, Carpet
Door Features: Double Entry
Has Fireplace
Fireplace Features: Glass Doors, Insert, Brick, Wood
Fireplaces: 1
Basement: Daylight, Partial, Full, Connecting Stairway, Space For Rooms, Water Proofing System
Exterior Details
Square Footage: 1980
Square Footage Source: $0
Architectural Style: Colonial
Year Built Source: Assessor
Year Built: 1972
Levels: 3
Other Structures: Above Grade, Below Grade
Window Features: Double Hung, Wood Frame
Construction Materials: Frame
Patio and Porch Features: Patio, Porch
Lot Size Area: 8415
Lot Size Units: Square Feet
Lot Size Acres: 0.19
Lot Size Square Feet: 8415
Tax Lot: 7
Water Source: Public
Financial Details
Tax Assessed Value: $472,533
Tax Annual Amount: $6,564
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air
Sewer : Public Sewer

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 4
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 312
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,415
  • Total Building Area: 1,980
  • Gross Building Area: 1,980
  • Building Area: 1,980
  • Building Area Measurement: T

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,980
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000193
  • Standard Land Use Code: 1001
  • County Land Use Code: R-A001
  • Legal Description 1: WOODLARK

Neighborhood

  • School District Name: Prince George's County Public Schools
  • Census Tract: 806711

Zoning

  • Zoning: RSF95

Geography

  • Assessors Map Reference: 35 B3 0
  • Account Number: 2370112
  • District: 21
  • Parcel: 21-2370112
  • Block: F
  • Lot: 7
  • Latitude: 38.982
  • Longitude: -76.8614

    Address

  • Full Address: 8402 Margo Rd
  • Address - House Number: 8402
  • Address - Street Name: Margo
  • Address - Suffix Type: Rd
  • State: MD
  • City Name: Lanham
  • Carrier Code: C019
  • 4-Digit Zip Code: 3923
  • Zip Code: 20706

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $421,967

    Appraisal Valuation

  • Standard Deviation: 0.1646
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 79
  • Final Value: 465,147
  • High Value: 541,745
  • Low Value: 388,549

    Market Valuation

  • Market Total Value: $411,000
  • Market Land Value: $125,800
  • Market Improvement Value: $285,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $379,467

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 06, 1972
  • Current Sale Recording Date: Jul 06, 1972
  • Current Sale Price:
  • Current Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Goddard


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Frequently Asked Questions

When was property at 8402 Margo Road built and last sold?
The property at 8402 Margo Road was built in 1972 and last sold on Jul 6, 1972 for $39,400.
How much is this home worth?
The estimated value of the home located at 8402 Margo Road is $491,362.
What are some comparable homes to 8402 Margo Road?
There are currently no comparable homes to 8402 Margo Road.