505 5th St Laurel, MD 20707
Estimated Value: $506,000 - $629,000
4
Beds
3
Baths
2,166
Sq Ft
$262/Sq Ft
Est. Value
Highlights
- New Construction
- Wood Flooring
- 1 Car Attached Garage
- Raised Ranch Architecture
- No HOA
- Halls are 36 inches wide or more
About This Home
As of December 2020Come and tour this beautiful master crafted new construction with an open floor plan and all the bells and whistles. The buyer of this home will be the envy of the neighborhood. From the moment you pull up, you will be amazed by the curb appeal of this house. Once you enter the foyer of the home you will love the ceiling height and the calm color of the walls. The main floor of this beautiful new home has an open concept, great room, and a gourmet kitchen. The kitchen will make any chef happy with white cabinets, countertops, and Stainless-steel appliances. There is a breakfast bar as well as room for casual dining. A sliding door floods the kitchen with natural light. There are gleaming hardwood floors on the entire main level as well as recessed lighting. The great room has a fireplace and tons of windows. The house is built to impress. The lower level has a large bedroom with plenty of natural light with engineered hardwood. There is a large family room with access to the backyard as well as another upgraded full bath. There is a laundry room with a brand-new front load washer and dryer. Completing this level is a mechanical room and storage area. This home must be seen in person to fully appreciate its workmanship. A terrific Laurel location with quick access to restaurants and shopping. A commuter dream with Interstate 95 and Route 200 nearby. Hurry, if you want to make this house your home!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $363
Year Built
- Built in 2020 | New Construction
Lot Details
- 6,818 Sq Ft Lot
- Property is in excellent condition
- Property is zoned R55
Parking
- 1 Car Attached Garage
- Front Facing Garage
Home Design
- Raised Ranch Architecture
- Split Foyer
- Brick Exterior Construction
- Shingle Roof
- CPVC or PVC Pipes
- Masonry
Interior Spaces
- 2,166 Sq Ft Home
- Property has 2 Levels
- Basement
- Walk-Up Access
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
Accessible Home Design
- Halls are 36 inches wide or more
Utilities
- Central Heating and Cooling System
- Natural Gas Water Heater
Community Details
- No Home Owners Association
- Laurel Subdivision
Listing and Financial Details
- Tax Lot 11
- Assessor Parcel Number 17101104900
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 6, 2020
Closed on
Dec 10, 2020
Sold by
Kich Holdings Llc
Bought by
Mendegorin Shyne and Mendegorin Philip
Seller's Agent
Asila Sayedi
Smart Realty, LLC
Buyer's Agent
Penafrancia Caraang
Fairfax Realty Premier
List Price
$499,900
Sold Price
$490,000
Premium/Discount to List
-$9,900
-1.98%
Total Days on Market
10
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,563
Avg. Annual Appreciation
2.82%
Original Mortgage
$465,500
Outstanding Balance
$421,063
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$133,403
Purchase Details
Closed on
Oct 1, 2018
Sold by
Quill Tracie
Bought by
Kich Holdings Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
4.6%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 13, 2017
Sold by
The Estate Of Elizabeth Phelp S Quill
Bought by
Kich Holdings Llc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in Laurel, MD
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mendegorin Shyne | $490,000 | First American Title Ins Co | |
| Kich Holdings Llc | $260,000 | Home First Title Group Llc | |
| Kich Holdings Llc | $260,000 | Home First Title Group Llc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mendegorin Shyne | $465,500 | |
| Previous Owner | Kich Holdings Llc | $230,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/10/2020 12/10/20 | Sold | $490,000 | -2.0% | $226 / Sq Ft |
| 11/16/2020 11/16/20 | Pending | -- | -- | -- |
| 11/06/2020 11/06/20 | For Sale | $499,900 | -- | $231 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $9,169 | $441,700 | $0 | $0 |
| 2023 | $8,721 | $410,900 | $0 | $0 |
| 2022 | $8,194 | $380,100 | $100,500 | $279,600 |
| 2021 | $7,897 | $366,100 | $0 | $0 |
| 2020 | $7,663 | $352,100 | $0 | $0 |
| 2019 | $349 | $17,800 | $600 | $17,200 |
| 2018 | $362 | $17,800 | $600 | $17,200 |
| 2017 | $364 | $17,800 | $0 | $0 |
| 2016 | -- | $17,800 | $0 | $0 |
| 2015 | $468 | $17,800 | $0 | $0 |
| 2014 | $468 | $17,800 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Asila Sayedi
Seller's Agent in 2020
Asila Sayedi
Smart Realty, LLC
(703) 398-9355
4 in this area
149 Total Sales
-
Penafrancia Caraang
Buyer's Agent in 2020
Penafrancia Caraang
Fairfax Realty Premier
(202) 415-3769
6 in this area
76 Total Sales
Map
Source: Bright MLS
MLS Number: MDPG587014
APN: 10-1104900
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