Sold for $250,000

$250,000

510 62nd Ave, Capitol Heights, MD 20743

8beds

1,200sqft

Single Family Residence

Built in 1945

9,239 Square Feet Lot

$438,900 Zestimate^®

$208/sqft

$3,267 Estimated rent

Home value

$438,900

$399,000 - $474,000

$3,267/mo

Zestimate^® history

Owner options

List your home for rent

$3,267/mo

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$3,267/mo

Rent Zestimate^®

Refinance and save

$1,297/mo

Est. payment

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$1,297/mo

Est. payment

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What's special

Second kitchenFully finished basement

INVESTOR SPECIAL! This massive 8-bedroom property is bursting with potential and primed for your next value-add project. The main level features 5 bedrooms, a full kitchen, and full bath. The fully finished basement offers 3 additional bedrooms, a second kitchen, full bathroom, living space, and a large storage room. This is the ideal setup for a boarding house, assisted living, multi-unit rental, or large family home. Located in a high-demand area near DC, I-95, and I-495, this is a rare opportunity to create serious cash flow or transform it into a beautiful single family home in an ideal location. Please note that the property needs a full rehab and is being sold as-is, so caution is advised when showing. Deals like this don’t last. Bring your vision and schedule your showing today!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 2
Full bathrooms: 2
Main level bathrooms: 1
Main level bedrooms: 5

Basement

Area: 1200

Heating

Radiator, Electric

Cooling

Central Air, Electric

Appliances

Included: Electric Water Heater

Features

Basement: Finished
Has fireplace: No

Interior area

Total structure area: 2,400
Total interior livable area: 1,200 sqft
Finished area above ground: 1,200
Finished area below ground: 0

Property

Parking

Parking features: Other

Accessibility

Accessibility features: None

Features

Levels: Two
Stories: 2
Pool features: None

Lot

Size: 9,239 Square Feet

Details

Additional structures: Above Grade, Below Grade
Parcel number: 17182108819
Zoning: RSF65
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Architectural style: Colonial
Property subtype: Single Family Residence

Materials

Frame
Foundation: Block

Condition

New construction: No
Year built: 1945

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: None Available

HOA

Has HOA: No

Location

Region: Capitol Heights
Municipality: Fairmount Heights

Financial & listing details

Price per square foot: $208/sqft
Tax assessed value: $348,700
Annual tax amount: $5,950
Date on market: 5/27/2025
Listing agreement: Exclusive Right To Sell
Ownership: Fee Simple

Price history

Date	Event	Price
7/3/2025	Sold	$250,000+2.1%$208/sqft
Source: Bright MLS #MDPG2153682 Report a problem
6/27/2025	Pending sale	$244,900$204/sqft
Source: Bright MLS #MDPG2153682 Report a problem
6/17/2025	Price change	$244,900-2%$204/sqft
Source: Bright MLS #MDPG2153682 Report a problem
5/27/2025	Listed for sale	$249,900$208/sqft
Source: Bright MLS #MDPG2153682 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$6,957 +46.5%	$348,700 +8.5%
2024	$4,749 +9.4%	$321,300 +9.3%
2023	$4,341 +0.2%	$293,900
2022	$4,332 +16.4%	$293,900 +15.4%
2021	$3,720 +6.4%	$254,633 +8.4%
2020	$3,497 +8.9%	$235,000 +8.8%
2019	$3,211	$216,067
2018	--	$216,067 +4.6%
2017	$3,070 -7.1%	$206,600 +6.1%
2016	$3,305	$194,633 +6.6%
2015	$3,305	$182,667 +7%
2014	$3,305	$170,700
2013	--	$170,700
2012	--	$170,700 -37.7%
2011	--	$274,130 +5.1%
2010	--	$260,856 +5.4%
2009	--	$247,583 +5.7%
2008	--	$234,310 +12.9%
2007	--	$207,446 +14.9%
2006	--	$180,583 +17.5%
2005	--	$153,720 +11.6%
2004	--	$137,772
2003	--	$137,772 +30.1%
2002	--	$105,880
2001	--	$105,880