NOT LISTED FOR SALE

427 Gorman Ave Laurel, MD 20707

Estimated Value: $344,000 - $406,000

3 Beds
3.5 Baths
1,264 Sq Ft
$302/Sq Ft Est. Value

Last Sold March 24, 2023

Last sale price $370,000 $293 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,432/month

1 Day on Market

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • Eat-In Kitchen
  • Attic
  • No HOA
  • Central Air

About This Home

As of March 2023

Come tour this gem of a home located in the heart of Laurel! This custom brick townhome offers two private parking spaces and NO HOA FEES! Additional features include new carpeting, painting, appliances, insulation, and more! This beautifully renovated home offers plenty of natural lighting that is highlighted with a great floor-plan; main level has a unique two story living room with fireplace, and french doors to access the large outdoor patio- great for entertaining! Main level also features an eat-in Kitchen & separate dining room. Upstairs highlights 2 spacious primary bedrooms with 2 full baths and large closets! Basement has been designed as a bedroom with private full bath! Don't miss out on this rare opportunity!

Last Agent to Sell the Property

Pedro Meneses

(240) 393-6756 pedro@monarchdmv.com Real Broker, LLC License #601233 Listed on: 03/03/2023

Real Broker, LLC

Co-Listed By

Katherine Fernandez

(301) 351-5555 katherine.fernandez@compass.com Compass License #0225273396

Last Buyer's Agent

Keith James

(202) 808-1381 keithjames@kw.com Keller Williams Capital Properties

Keller Williams Capital Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,662

Year Built

  • Built in 1982

Lot Details

  • 2,077 Sq Ft Lot
  • Property is zoned LAUR

Home Design

  • Colonial Architecture
  • Frame Construction

Interior Spaces

  • Property has 2 Levels
  • 1 Fireplace
  • Dining Area
  • Eat-In Kitchen
  • Attic

Bedrooms and Bathrooms

Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Basement Windows

Parking

  • Free Parking
  • On-Street Parking
  • Off-Street Parking
  • Unassigned Parking

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Laurel Subdivision

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 17101018415

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,662

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2023-03-03
  • Federal Flood Zone: No
  • Year Built: 1982
  • Automatically Close On Close Date: No
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Attic, Kitchen - Table Space, Dining Area, Kitchen - Eat-In
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Connecting Stairway, Daylight, Full, Fully Finished, Heated, Improved, Full, Windows
  • Total Sq Ft: 1882
  • Living Area Sq Ft: 1264
  • Price Per Sq Ft: 292.72
  • Above Grade Finished Sq Ft: 1264
  • Below Grade Sq Ft: 618
  • Total Below Grade Sq Ft: 618
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • All Lower Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Free, Unassigned
  • Type Of Parking: Off Street, On Street

Utilities

  • Refuse: 34.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 203000.00
  • Land Assessed Value: 100000.00
  • Lot Size Acres: 0.05
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2077.00
  • Zoning: LAUR
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14545289
  • Tax Annual Amount: 4662.00
  • Assessor Parcel Number: 17101018415
  • Tax Lot: 8
  • Tax Page Number: 93
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2023
Closed on
Mar 23, 2023
Sold by
Jackson Ruschell
Bought by
Hardy Britney Lashawn and Nicholls Jason
Seller's Agent
Pedro Meneses
Real Broker, LLC
Buyer's Agent
Keith James
Keller Williams Capital Properties
List Price
$340,000
Sold Price
$370,000
Premium/Discount to List
$30,000
8.82%
Views
76
Current Estimated Value
$381,681

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,681
Avg. Annual Appreciation
1.13%
Original Mortgage
$358,900
Outstanding Balance
$348,012
Interest Rate
6.32%
Mortgage Type
Construction
Estimated Equity
$33,669

Purchase Details

Listed on
Mar 3, 2023
Closed on
Jan 26, 2023
Sold by
Jackson Ruschell
Bought by
Jackson Ruschell
Seller's Agent
Pedro Meneses
Real Broker, LLC
Buyer's Agent
Keith James
Keller Williams Capital Properties
List Price
$340,000
Sold Price
$370,000
Premium/Discount to List
$30,000
8.82%
Views
76

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$358,900
Outstanding Balance
$348,012
Interest Rate
6.32%
Mortgage Type
Construction
Estimated Equity
$33,669

Purchase Details

Closed on
Mar 4, 2019
Sold by
Thompson Adam B
Bought by
Jackson Ruschell and Jackson Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 1994
Sold by
Carter Michael T
Bought by
Thompson Adam B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,700
Interest Rate
8.55%

Purchase Details

Closed on
Oct 23, 1990
Sold by
Carter John M
Bought by
Carter Michael T and Carter Deborah E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hardy Britney Lashawn $370,000 Old Republic Title
Hardy Britney Lashawn $370,000 Old Republic Title
Jackson Ruschell -- --
Jackson Ruschell $260,000 Cla Title & Escrow
Thompson Adam B $119,900 --
Carter Michael T $81,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hardy Britney Lashawn $358,900
Closed Hardy Britney Lashawn $358,900
Previous Owner Jackson Ruschell $221,000
Previous Owner Thompson Adam B $119,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/24/2023 03/24/23 Sold $370,000 0.0% $293 / Sq Ft
03/06/2023 03/06/23 Price Changed $370,000 +8.8% $293 / Sq Ft
03/05/2023 03/05/23 Pending -- -- --
03/03/2023 03/03/23 For Sale $340,000 +30.8% $269 / Sq Ft
11/30/2018 11/30/18 Sold $260,000 -3.7% $206 / Sq Ft View Prior Sale
05/12/2018 05/12/18 Pending -- -- --
05/08/2018 05/08/18 For Sale $270,000 -- $214 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,261 $303,000 $100,000 $203,000
2024 $5,261 $286,767 $0 $0
2023 $5,002 $270,533 $0 $0
2022 $4,644 $254,300 $100,000 $154,300
2021 $4,446 $247,200 $0 $0
2020 $4,355 $240,100 $0 $0
2019 $4,564 $233,000 $75,000 $158,000
2018 $3,582 $229,867 $0 $0
2017 $3,530 $226,733 $0 $0
2016 -- $223,600 $0 $0
2015 $3,247 $217,733 $0 $0
2014 $3,247 $211,867 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDPG2071058

Bright MLS

APN: 10-1018415