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8702 62nd Avenue

8702 62nd Avenue, College Park, MD 20740
Property in Berwyn Heights
Sold Nov 08, 2021
$430,000
$250,000 by Amerisave Mortgage Corp
Mortgage Due Nov 01, 2051
Sold Nov 26, 2014
$314,000
$266,900 by 1st Portfolio Lending Corp
Mortgage Due Dec 01, 2044
8702 62nd Avenue in College Park, MD was first built in 1959 and is 65 years old. This has been categorized as a residential property type. There are a total of 2 floors. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 8702 62nd Avenue has 1,064 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. In total, the area measurement of the land is 5,422 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. For those who need parking, there is a carport. The garage is 228 sqft. There is one available parking space. 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, 8702 62nd Avenue sold most recently in Oct 4, 2021 for a total of $430,000. If you work out the math, that's approximately a cost of $404.14 per sqft. Before that, the property was also sold for $314,000 in Nov 17, 2014. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $5,806 in taxes each year. 8702 62nd Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $382,200. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.

Building Features

Parking

Carport
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • 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: 0
  • Garage Type: Carport
  • Garage Square Area: 228
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,422
  • Total Building Area: 1,064
  • Gross Building Area: 1,064
  • Building Area: 1,064
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,064
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BERWYN HEIGHTS
  • Land Acres: 0.124
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BERWYN HEIGHTS

Ownership

  • Current Owner : NGUYEN STEVEN
  • Previous Owner : WHITAKER HAROLD G
  • Previous Owner 2: WHITAKER JOANNA S
  • Owner Before Previous Owner: MADISN SCOTT JAMES
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Prince George's County Public Schools
  • Census Tract: 806800

Zoning

  • Zoning: RSF65

Geography

  • Assessors Map Reference: 34 A1 0
  • Account Number: 2286854
  • District: 21
  • Parcel: 21-2286854
  • Block: 31
  • Lot: 20
  • Municipality: BERWYN HEIGHTS
  • Latitude: 38.9934
  • Longitude: -76.9094

    Address

  • Full Address: 8702 62nd Ave
  • Address - House Number: 8702
  • Address - Street Name: 62nd
  • Address - Suffix Type: Ave
  • State: MD
  • City Name: Berwyn Heights
  • Carrier Code: C020
  • 4-Digit Zip Code: 2732
  • Zip Code: 20740

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,806
  • Tax Rate Code Area: 075

    Appraisal Valuation

  • Standard Deviation: 0.1745
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 77
  • Final Value: 461,175
  • High Value: 541,690
  • Low Value: 380,661

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $275,000
  • First Open Lien Mortgage Lender: AMERISAVE MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Nov 08, 2021
  • First Open Lien Mortgage Loan Amount: $250,000
  • 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: Nov 01, 2051
  • Second Open Lien Mortgage Lender: PNC BANK NATIONAL ASSOCIATION
  • Second Open Lien Mortgage Recording Date: Sep 08, 2022
  • Second Open Lien Mortgage Loan Amount: $25,000
  • Second Open Lien Mortgage Term: 478
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Aug 23, 2062

    Market Valuation

  • Market Total Value: $413,500
  • Market Land Value: $125,200
  • Market Improvement Value: $288,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $382,200

    Sales

  • Current Sale Contract Date: Oct 04, 2021
  • Current Sale Recording Date: Nov 08, 2021
  • Current Sale Transaction ID: 11866356506
  • Current Sale Price: $430,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Nov 26, 2014
  • Previous Sale Contract Date: Nov 17, 2014
  • Previous Sale Amount: $314,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERISAVE MORTGAGE CORP
  • First Mortgage Transaction Date: Nov 08, 2021
  • First Mortgage Loan Amount: $250,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: 1ST PORTFOLIO LENDING CORP
  • Previous Mortgage Transaction Date: Nov 26, 2014
  • Previous Mortgage Loan Amount: $266,900
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2044

About Berwyn Heights



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Frequently Asked Questions

What neighborhood is 8702 62nd Avenue located in?
The 8702 62nd Avenue is a located in the neighborhood of Berwyn Heights in Berwyn Heights, College Park.
What is the average sales price for listings in 8702 62nd Avenue?
The average sales price for units in 8702 62nd Avenue is $0 currently.

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