$260,000
SOLD DEC 13, 2017

503 5th St Laurel, MD 20707

3 Beds
2 Baths
2,034 Sq Ft
0.44 Acres

Recently Sold

$128 Per Sq Ft

4% Above List Price

6 Days on Market

Highlights

  • 0.44 Acre Lot
  • 2 Fireplaces
  • Additional Land
  • Cape Cod Architecture
  • No HOA
  • 4 Car Detached Garage

About This Home

As of October 2018

Incredible opportunity to turn this solid brick cape cod in to a great place to call home. Featuring 3 spacious bedrooms, 2 full baths, lrge fam room addition, liv room, din room & kit. Hardwood flrs throughout, 2 wood burning fp's & a walk-out bsmt. 4-bay gar, 3 lots, nearly 1/2 acre. Lots of potential, needs new kitchen. Conv construction loan, Fha 203k or cash only.

Last Agent to Sell the Property

Darin Rich

RE/MAX Realty Group License #635665 Listed on: 11/17/2017

RE/MAX Realty Group

Last Buyer's Agent

marielle nkapbela

RE/MAX Realty Group License #MRIS:3228720

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,839

Year Built

  • Built in 1937

Lot Details

  • 0.44 Acre Lot
  • Additional Land
  • Property is in below average condition
  • Property is zoned R55

Parking

  • 4 Car Detached Garage
  • Gravel Driveway

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • 2 Fireplaces
  • Dining Area

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Rear Basement Entry

Outdoor Features

  • Shed

Schools

  • Laurel Elementary School
  • Laurel High School

Utilities

  • Heating System Uses Oil
  • Baseboard Heating
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Laurel Subdivision

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 17101104926

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,839

Year Built

Built in 1937

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2017-11-17
  • Year Built: 1937
  • Building Winterized: Yes
  • Remarks Public: Incredible opportunity to turn this solid brick cape cod in to a great place to call home. Featuring 3 spacious bedrooms, 2 full baths, lrge fam room addition, liv room, din room & kit. Hardwood flrs throughout, 2 wood burning fp's & a walk-out bsmt. 4-bay gar, 3 lots, nearly 1/2 acre. Lots of potential, needs new kitchen. Conv construction loan, Fha 203k or cash only.
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Dining Area
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Rear Entrance, Outside Entrance, Connecting Stairway, Full, Walkout Level, Partially Finished
  • Living Area Units: Square Feet
  • Street Number Modifier: 503

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Shed
  • Other Structures List: Shed
  • Construction Materials: Brick
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 4.00
  • Garage: Yes
  • Parking Features: Gravel Driveway, Garage
  • Number Of Detached Garage Spaces: 4
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway, Detached Garage

Utilities

  • Refuse: 34.00
  • Central Air Conditioning: No
  • Heating Fuel: Oil
  • Heating Type: Baseboard
  • 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: PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
  • Elementary School: LAUREL
  • High School: LAUREL
  • School District Key: 121137599599
  • Elementary School: LAUREL
  • High School: LAUREL

Lot Info

  • Improvement Assessed Value: 79200.00
  • Land Assessed Value: 75100.00
  • Lot Features: Additional Lot(s)
  • Lot Size Acres: 0.44
  • Lot Size Area: 19331
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 19331.00
  • Property Attached Yn: No
  • Property Condition: Below Average
  • Year Assessed: 2017
  • Zoning: R55
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14696671
  • Tax Annual Amount: 2839.00
  • Assessor Parcel Number: 17101104926
  • Tax Lot: 10
  • Tax Total Finished Sq Ft: 2034
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 12/13/2017

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2018
Closed on
Oct 12, 2018
Sold by
Kich Holdings Llc
Bought by
Krinsky Jamin Levi and Rebollo Elena Arceo
Seller's Agent
Clairette Mafouomene
RE/MAX Realty Group
Buyer's Agent
Sarah Dye
Long & Foster Real Estate, Inc.
List Price
$399,900
Sold Price
$399,900
Current Estimated Value
$568,616

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,716
Avg. Annual Appreciation
5.25%
Original Mortgage
$359,910
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 23, 2018
Closed on
Oct 1, 2018
Sold by
Quill Tracie
Bought by
Kich Holdings Llc
Seller's Agent
Clairette Mafouomene
RE/MAX Realty Group
Buyer's Agent
Sarah Dye
Long & Foster Real Estate, Inc.
List Price
$399,900
Sold Price
$399,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,910
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 17, 2017
Closed on
Dec 13, 2017
Sold by
The Estate Of Elizabeth Phelp S Quill
Bought by
Kich Holdings Llc
Seller's Agent
Darin Rich
RE/MAX Realty Group
Buyer's Agent
marielle nkapbela
RE/MAX Realty Group
List Price
$249,000
Sold Price
$260,000
Premium/Discount to List
$11,000
4.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
67.99%
Original Mortgage
$292,500
Interest Rate
3.95%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Deed $399,900 Sage Title Group Llc
Deed $260,000 Home First Title Group Llc
Deed $260,000 Home First Title Group Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $355,000 New Conventional
Closed $359,910 New Conventional
Previous Owner $292,500 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2018 10/12/18 Sold $399,900 0.0% $117 / Sq Ft
09/18/2018 09/18/18 Pending -- -- --
08/31/2018 08/31/18 For Sale $399,900 0.0% $117 / Sq Ft
08/26/2018 08/26/18 Pending -- -- --
08/21/2018 08/21/18 Price Changed $399,900 -2.4% $117 / Sq Ft
08/14/2018 08/14/18 Price Changed $409,900 -2.4% $120 / Sq Ft
07/23/2018 07/23/18 Price Changed $419,900 0.0% $123 / Sq Ft
07/23/2018 07/23/18 For Sale $420,000 +61.5% $123 / Sq Ft
12/13/2017 12/13/17 Sold $260,000 +4.4% $128 / Sq Ft
11/24/2017 11/24/17 Pending -- -- --
11/17/2017 11/17/17 For Sale $249,000 -- $122 / 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
2024 $4,181 $480,967 $0 $0
2023 $3,885 $441,633 $0 $0
2022 $3,575 $402,300 $100,300 $302,000
2021 $3,273 $319,633 $0 $0
2020 $6,113 $236,967 $0 $0
2019 $3,023 $154,300 $75,100 $79,200
2018 $2,842 $153,733 $0 $0
2017 $2,844 $153,167 $0 $0
2016 -- $152,600 $0 $0
2015 $4,118 $152,600 $0 $0
2014 $4,118 $152,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004128037

Bright MLS

APN: 10-1104926