StatusAccepting Backup Offers (ACTIVE UNDER CONTRACT)
About 5302 Sheriff Rd
Sited in a qualified census tract these 1.81 acres of CGO zoned land, can be developed as upto 86 market rate residential units as well as upto 110 affordable residential units, are steps from the D.C./MD line in Prince Georges County. Sellers have a clean Phase 1, an ALTA survey & concept plans from one of the top architectural firms in the county, for an affordable (LIHTC) execution, that can all be provided to assist with due diligence. Aside from the residential execution, numerous retail, office & mixed use executions are allowable by right within the CGO zone. Land of this size/density & location does not come to market often so call your agent & capitalize on the booming growth of Prince Georges County. 5302 & 5326 Sheriff rd are part of this offering - 3 parcels together totaling the 1.81 acres. Offers due Friday, 11/15/24.
Property Details
Property Features
Listing Office:
Office Name: RE/MAX Realty Services
Office Phone: (240) 403-0400
Listing Agent: Joshua D Ross
Lot Features
Lot Information:
Lot: Wooded
Lot Size: 1.81 Acres
Other
Directions Information:
Directions: From Eastern Ave NE, turn onto Sheriff Rd (into MD). Property is on the left hand side
Price Information
Listing Price Info
Price Summary:
List Price: $2,400,000
Tax Information:
Annual Amount: $3,467
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Capitol Heights, MD.
This property is $2.0M more than the Median Sold Price in Capitol Heights, MD.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: BRIGHT
MLS Number: #MDPG2128104
Listing Office:
Office Name: RE/MAX Realty Services
Office Phone: (240) 403-0400
Listing Agent: Joshua D Ross
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$12K
Per Month
Principal & Interest
$11.9K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$7,262
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Burrville Elementary School
801 Division Ave NE
Distance between this listing and this school0.27 miles
Public District Grades EE-5
4
/10
Robert R. Gray Elementary School
4949 Addison Rd
Distance between this listing and this school0.31 miles
Public District Grades PK-6
3
/10
Houston Elementary School
1100 50th Pl NE
Distance between this listing and this school0.37 miles
Public District Grades EE-5
Nearby Schools
3
/10
Kipp Dc - Valor Academy Public Charter School
5300 Blaine St NE
Distance between this listing and this school0.86 miles
Public Charter Grades 5-8
4
/10
Kelly Miller Middle School
301 49th St NE
Distance between this listing and this school0.90 miles
Public District Grades 6-8
2
/10
Dc Scholars Public Charter School
5601 E Capitol St SE
Distance between this listing and this school1.04 miles
Public Charter Grades PK-8
Nearby Schools
5
/10
Woodson High School
540 55th St NE
Distance between this listing and this school0.51 miles
Public District Grades 9-12
7
/10
Ron Brown College Preparatory High School
4800 Meade St NE
Distance between this listing and this school0.52 miles
Public District Grades 9-12
3
/10
Idea Public Charter School
1027 45th St NE
Distance between this listing and this school0.74 miles
The neighbors living near this home have an average income of $47,018. Typical income of Capitol Heights, MD residents is between $35k-100k annually. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 5302 Sheriff Rd
What is the listing price of this property?
The listing price of 5302 Sheriff Rd property is $2,400,000.
What type of property is this?
The property 5302 Sheriff Rd is land located in Capitol Heights, Maryland, 20743.
Is this property for sale now?
Accepting Backup Offers: 5302 Sheriff Rd is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $3,467 (source: MLS/based on county public records data).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 5302 Sheriff Rd in Capitol Heights, MD and zip code 20743. This home sits on a 1.81 acre lot. It has been listed on Rocket Homes since December 11, 2024 and is currently priced at $2,400,000.
Capitol Heights, MD housing market in November 2024 saw over 14 listings sold above listed price, more than 7 sold at listed price and over 8 sold below. The number of listings in Capitol Heights, MD decreased by 0.7% between October 2024 and November 2024. The median list price of listings available in November 2024 was $345,000, while the average time on the real estate market was 23 days.
From Rocket Homes Real Estate and based on county public records data.