3450 Toledo Ter #512 · Chillum, MD 20782

$105,000

1 bd · 1.0 ba · 718 sqft · Condo public records · 76 Days on market

Built 1962 $146/sqft · 22% below area Est $135k · 22% under $678/mo HOA · 40% of rent

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Why this score? — see what drove the C- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• ARV discount +15.0/15.0
• Cash flow +12.1/30.0
• 1% rule +10.0/10.0
• Livability +3.8/5.0
• DSCR +3.6/10.0
• Condition / age +2.5/5.0
• Rent growth +2.3/5.0
• Schools +1.7/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

This charming mid-rise condo in the desirable Seville community offers a blend of comfort and convenience. Spanning 718 sq. ft. , the unit features a cozy combination dining/living with balcony. The kitchen is equipped with essential appliances, including a gas oven/range, refrigerator, dishwasher, and disposal, catering to all your culinary needs. Residents enjoy access to a range of amenities, including an indoor pool, tennis courts, and a community center, fostering an active lifestyle. The building provides security with a lobby desk and includes essential utilities in the association fee, ensuring hassle-free living. Step outside to your private balcony for fresh air. Located near local shops and dining options, this property is ideal for those seeking a vibrant community atmosphere. Well maintained and moving in condition. Conveniently located, and priced low for a quick sale.

Key facts

• Private balcony
• Tennis courts
• Seville community

Tags

• MID-RISE CONDO
• SEVILLE COMMUNITY
• COMBINATION DINING LIVING
• PRIVATE BALCONY
• INDOOR POOL
• TENNIS COURTS

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath condo listed at $105k.

Deal economics

• At list price, monthly cash flow is $-23 ($-274/yr) — negative.
• To cash-flow at today's rent, offer at most $101k (3.8% below list).
• Meets the 1% rule at list price ($2k rent vs $105k).
• Recommended offer: $99k (6.0% below list) — sets the bar for market timing.
• Cap rate 6.0% vs local median 4.3% in Chillum — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 75/100 on livability (#105 in MD, #4,157 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, housing A+, health & safety A; Watch: amenities C-, crime F, cost of living D-.
• Prince George'S County Public Schools (suburban): math 8% / reading 24% proficiency, ranked #21 of 24 in MD (top 88%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Zoned schools: University Park Elementary (math 23% / reading 32%, grade F, #222 of 860 statewide, top 26%, 437 students, 53% FRL); Nicholas Orem Middle (math 4% / reading 20%, grade F, #202 of 225 statewide, top 91%, 1,138 students, 92% FRL); Northwestern High (math 15% / reading 32%, grade F, #169 of 222 statewide, top 76%, 2,346 students, 80% FRL) — zoned schools average 75% FRL vs 53% district-wide (21 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents soft (-0.9%/yr); 156 active listings in the ZIP; 36 comparable units currently listed for rent nearby; rentals leasing fast (median 6d on market — plan ~1-2 weeks tenant-placement turnaround); solid renter incomes; 1,481 units permitted in Prince George's County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $726 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Prince George's County population projected at +18% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 76 days — a 6% lower offer ($99k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 19y ago; this cycle's ask has dropped $25k (19%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: HOA is 40% of rent.
• Climate carrying-cost: extreme-heat days projected 7→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $98,700 (6.0% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 76 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
3. Built in 1962 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
5. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
6. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
7. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
8. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
9. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
10. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
11. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.62% ✓
• Cap rate: 6.03%
• Cash-on-cash: -0.93%
• DSCR: 0.96
• GRM: 5.1

CMA / ARV

• ARV (median comp): $134,954
• List price: $105,000
• Delta: -22.20%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -24.1%
• Equity multiple: 0.22×
• Total profit: $-23,030
• Equity at exit: $15,656

10-year hold

• IRR: -56.0%
• Equity multiple: -0.34×
• Total profit: $-39,471
• Equity at exit: $9,078

Cash invested: $29,400 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 27 Tenant-Leaning
• State Maryland: 27 Tenant-Leaning · D+14
• County: — inherits STATE
• City: — inherits STATE

Failure-to-pay is dismissed if cured before judgment; Baltimore has just-cause; strict deposit rules.

Methodology + full state rankings →

ZIP-level market 20782

• Rents YoY: -0.9%
• Active inventory: 156
• Price-to-rent: 5.1×

Monthly cashflow live

• Estimated rent: $1,699 high
• Mortgage (P&I): −$551
• Tax from tax record: −$93 /mo · $1,115/yr
• Insurance: −$44
• HOA: −$678
• Vacancy / Maint / Mgmt: −$357
• Net cashflow: $-23

Break-even live

Break-even rent $1,728

Max offer price $100,968

Occupancy floor 96%

Sensitivity live

Price	-10% $37	-5% $7	+0% $-23	+5% $-53	+10% $-82
Rent	-10% $-157	-5% $-90	+0% $-23	+5% $44	+10% $111
Rate	-1.0pp $30	-0.5pp $4	base $-23	+0.5pp $-50	+1.0pp $-78

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $26,250
• Closing costs: $3,150
• Reserves months: —
• Total cash needed: —

Rent comps 36 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3450 Toledo Ter Hyattsville, MD	1.0–2.0	1.0	803	$1,650	$2.05	17d	3	0.02mi
3420 Toledo Ter Hyattsville, MD	3.0	1.0–2.0	912	$2,062	$2.26	1d	21	0.11mi
3507 Toledo Ter Hyattsville, MD	3.0	1.0	668	$1,391	$2.08	3d	17	0.15mi
3400 Dean Dr Hyattsville, MD	1.0–2.0	1.0	700	$1,650	$2.36	5d	1	0.20mi
3350 Toledo Ter Hyattsville, MD	3.0	1.0–2.0	921	$2,009	$2.18	0d	24	0.26mi
6700 Belcrest Rd Hyattsville, MD	3.0	1.0–2.0	931	$1,701	$1.83	1d	32	0.27mi
3300 Toledo Rd Hyattsville, MD	1.0–3.0	2.0	875	$1,730	$1.98	1d	63	0.28mi
6506 America Blvd Hyattsville, MD	1.0	1.0	841	$1,950	$2.32	4d	2	0.37mi
6506 America Blvd Hyattsville, MD	1.0	1.0	728	$1,950	$2.68	45d	2	0.37mi
3401 East-West Hwy Hyattsville, MD	2.0	1.0–2.0	898	$2,200	$2.45	0d	10	0.39mi
6400 America Blvd Hyattsville, MD	1.0–2.0	1.0–2.0	841	$1,761	$2.09	21d	81	0.43mi
6445 America Blvd Hyattsville, MD	2.0	1.0–2.0	915	$1,970	$2.15	0d	30	0.43mi
3300 East-West Hwy Hyattsville, MD	2.0	1.0–2.0	898	$1,902	$2.12	0d	46	0.43mi
6210 Belcrest Rd Hyattsville, MD	3.0	1.0–2.0	984	$1,906	$1.94	0d	18	0.54mi
6108 42nd Ave Hyattsville, MD	1.0–2.0	1.0	725	$1,300	$1.79	45d	1	0.92mi
5735 29th Ave Hyattsville, MD	1.0–3.0	1.0	763	$1,200	$1.57	1d	50	0.97mi
2731 Nicholson St Hyattsville, MD	2.0	1.0	515	$1,280	$2.49	1d	21	0.98mi
3711 Campus Dr College Park, MD	1.0–2.0	1.0–2.0	950	$1,747	$1.84	0d	89	0.99mi
3342 Lancer Dr Hyattsville, MD	1.0–2.0	1.0	763	$1,270	$1.66	1d	11	1.02mi
4203 Oglethorpe St Hyattsville, MD	1.0–2.0	1.0	585	$1,650	$2.82	26d	4	1.10mi
4313 Knox Rd #311 College Park, MD	2.0	1.0	708	$2,500	$3.53	26d	1	1.12mi
4400 Calvert Rd College Park, MD	1.0–3.0	1.0–2.0	1112	$2,153	$1.94	20d	27	1.14mi
5685 Little Branch Run Hyattsville, MD	3.0	1.0–2.0	939	$2,571	$2.74	0d	20	1.15mi
2213 University Blvd E Hyattsville, MD	1.0	1.0	580	$1,304	$2.25	6d	3	1.20mi
2200 Phelps Rd Adelphi, MD	1.0–2.0	1.0	586	$1,380	$2.35	0d	47	1.21mi
4410 Oglethorpe St Hyattsville, MD	1.0–2.0	1.0	828	$1,850	$2.23	45d	3	1.24mi
7302 Riggs Rd #204 Hyattsville, MD	2.0	1.0	530	$1,350	$2.55	45d	1	1.28mi
3900 Hamilton St Hyattsville, MD	1.0	1.0	694	$1,474	$2.12	1d	9	1.30mi
5207 38th Ave Unit A Hyattsville, MD	1.0	1.0	350	$1,350	$3.86	26d	1	1.35mi
7405 18th Ave Unit 108 Hyattsville, MD	2.0	1.0	660	$1,699	$2.57	45d	1	1.36mi
1507 Ray Rd Chillum, MD	1.0–2.0	1.0	820	$1,515	$1.85	26d	1	1.37mi
4703 Ravenswood Rd Unit 25 Riverdale, MD	1.0	1.0	650	$1,490	$2.29	45d	1	1.40mi
4701 Ravenswood Rd Unit 14 Riverdale, MD	1.0	1.0	650	$1,490	$2.29	45d	1	1.41mi
1801 Jasmine Ter Hyattsville, MD	1.0–2.0	1.0	610	$1,530	$2.51	5d	29	1.43mi
4502 Kennedy St Unit 1 Hyattsville, MD	1.0	1.0	450	$1,150	$2.56	26d	1	1.49mi
4502 Kennedy St Unit 1 Hyattsville, MD	1.0	1.0	450	$1,150	$2.56	45d	1	1.49mi

HOA detail condo

• Monthly dues: $678 · $8,136/yr
• Likely covers: gaspoolsecurity
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 21 events

1. 2026-06-17
   status $105,000 Pending 76 DOM
2. 2026-06-17
   days on market $105,000 Active 76 DOM
3. 2026-06-16
   days on market $105,000 Active 75 DOM
4. 2026-06-15
   days on market $105,000 Active 74 DOM
5. 2026-06-13
   days on market $105,000 Active 72 DOM
6. 2026-06-10
   days on market $105,000 Active 68 DOM
7. 2026-06-08
   pricedays on market $105,000 Active 67 DOM
8. 2026-06-07
   days on market $129,900 Active 66 DOM
9. 2026-06-04
   days on market $129,900 Active 63 DOM
10. 2026-06-03
    days on market $129,900 Active 62 DOM
11. 2026-06-02
    days on market $129,900 Active 61 DOM
12. 2026-06-01
    days on market $129,900 Active 60 DOM
13. 2026-05-31
    days on market $129,900 Active 59 DOM
14. 2026-04-02
    listed $129,900 Active 895-char remark

    Show marketing remark (895 chars)

    This charming mid-rise condo in the desirable Seville community offers a blend of comfort and convenience. Spanning 718 sq. ft. , the unit features a cozy combination dining/living with balcony. The kitchen is equipped with essential appliances, including a gas oven/range, refrigerator, dishwasher, and disposal, catering to all your culinary needs. Residents enjoy access to a range of amenities, including an indoor pool, tennis courts, and a community center, fostering an active lifestyle. The building provides security with a lobby desk and includes essential utilities in the association fee, ensuring hassle-free living. Step outside to your private balcony for fresh air. Located near local shops and dining options, this property is ideal for those seeking a vibrant community atmosphere. Well maintained and moving in condition. Conveniently located, and priced low for a quick sale.

15. 2026-04-02
    historical

    Show marketing remark (895 chars)

    This charming mid-rise condo in the desirable Seville community offers a blend of comfort and convenience. Spanning 718 sq. ft. , the unit features a cozy combination dining/living with balcony. The kitchen is equipped with essential appliances, including a gas oven/range, refrigerator, dishwasher, and disposal, catering to all your culinary needs. Residents enjoy access to a range of amenities, including an indoor pool, tennis courts, and a community center, fostering an active lifestyle. The building provides security with a lobby desk and includes essential utilities in the association fee, ensuring hassle-free living. Step outside to your private balcony for fresh air. Located near local shops and dining options, this property is ideal for those seeking a vibrant community atmosphere. Well maintained and moving in condition. Conveniently located, and priced low for a quick sale.

16. 2026-03-16
    listed $130,000 Active
17. 2007-11-07
    soldstatus $151,000
18. 2007-10-26
    soldstatus $151,000 Sold
19. 2007-10-25
    historical
20. 2007-08-14
    listed $160,000
21. 1991-06-24
    soldstatus $56,700

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast MD · Partial reset (capped growth)

• Current annual tax: $1,115 · $93/mo
• Projected year-2 tax: $1,130 · $94/mo
• Expected delta: +$15/yr (+$1/mo · 1.3%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 7/10 Severe 7 d/yr ≥105°F today · 15 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 16% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 5 unhealthy d/yr today · 6 by 30 yrs out

Taxation est. · year 1

• Rental income: $20,393
• − Mortgage interest: −$5,882
• − Property taxes: −$1,115
• − Insurance: −$525
• − Repairs & maintenance: −$1,631
• − Management: −$1,631
• − HOA: −$8,136
• − Depreciation: −$3,055
• Taxable loss: −$1,583
• Est. tax savings @ 24.0%: +$380
• After-tax cash flow: $106/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Prince George'S County Public Schools
• NCES district ID: 2400510
• Math proficiency: 8% ▼ -11.00%
• Reading proficiency: 24% ▼ -9.00%
• Median HH income: $73,967
• Composite: 16.82/100
• National rank: #9151
• State rank: #21 of 24 in MD

Livability — Chillum

• Score: 75/100
• State rank: #105
• US rank: #4157

Category grades

Amenities C- Commute A+ Cost of living D- Crime F Employment B Housing A+ Health & safety A User ratings A

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Chillum, MD
• County: Prince Georges County · 919,866 people
• Metro: Washington-Arlington-Alexandria, DC-VA-MD-WV
• Population (ZIP): 34,293
• Household income: $90,205
• Rent vs Own: 56.2% rent · 43.8% own
• Severe rent burden: 1219.0

Population outlook (Prince George's County) Hauer SSP2

• Today (2025): 1,005,426 people
• By 2030: 1,048,416 · +4.3%
• By 2040: 1,123,425 · +11.7%
• By 2050: 1,183,220 · +17.7%
• By 2075: 1,306,202 · +29.9%
• By 2100: 1,408,179 · +40.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.67)
• Race & ethnicity: Hispanic / Latino 41% Black 37% White 14% Two or more races 11% Asian 4%
• Hispanic origin (detail): Mexican 5% Puerto Rican 1% Dominican 2%
• Common ancestry: Romanian 1% Hispanic 1%
• Foreign-born: 42% · Canada
• Languages at home: 47% English-only · Spanish 37% Other Indo-European 3% French/Haitian/Cajun 2%

Political lean MEDSL · Prince George's

• 2024 margin: Solid D (+75.2) · D 86.3% · R 11.2% · Other 2.5%
• 2008→2024 swing: -3.3pp toward R · 2008: 78.5pp · 2024: 75.2pp
• All cycles: 2024: D+75.2 2020: D+80.5 2016: D+81.0 2012: D+80.9 2008: D+78.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -303.99%
• Current HPI: 306.7503
• Rent YoY: ▼ -0.92%
• Metro: Washington-Arlington-Alexandria, DC-VA-MD-WV
• State GDP YoY: ▲ 2.97%
• F500 in state: 12

Industry mix (Fortune 500 HQ in MD)

Industry	F500 HQs	Revenue
▸Aerospace / Defense	1	$71B
▸Utilities	1	$25B
▸Hotels	1	$24B
▸Consumer Goods	1	$7B
▸Real Estate	1	$6B
▸Chemicals	1	$2B

Price history

+129.1% since first listed

8 events — show timeline

• 2026-04-02 Listing Removed — BRIGHT MLS
• 2026-04-02 Listed $129,900 BRIGHT MLS
• 2026-03-16 Listed $130,000 BRIGHT MLS
• 2007-11-07 Sold (Public Records) $151,000 Public Records
• 2007-10-26 Sold (MLS) $151,000 MRIS
• 2007-10-25 Delisted — MRIS
• 2007-08-14 Listed $160,000 MRIS
• 1991-06-24 Sold (Public Records) $56,700 Public Records

Property tax history

-0.5%/yr

Latest (2025): $1,115 · +5.5% YoY. Source: county tax records.