NOT LISTED FOR SALE

505 Compton Ave Laurel, MD 20707

Estimated Value: $433,000 - $470,000

4 Beds
2 Baths
2,016 Sq Ft
$224/Sq Ft Est. Value

Last Sold July 18, 2013

Last sale price $245,000 $122 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $2,864/month

4 Days on Market

Highlights

  • Traditional Floor Plan
  • Wood Flooring
  • Porch
  • Rambler Architecture
  • Sitting Room
  • Galley Kitchen

About This Home

As of July 2013

Charming brick rancher in Laurel's historic district. Walk to the library, restaurants and more! Hardwood floors on main level, newer furnace and a/c systems, kitchen only 3 yrs old, roof has been replaced too! Finished lower level with huge rec room, bedroom, bath, sitting room and large laundry/storage room! Fenced back yard and off street parking! 1 year home warranty for the purchaser!

Last Agent to Sell the Property

Reta Sponsky

(240) 351-4002 rsponsky@comcast.net Cummings & Co. Realtors License #303996 Listed on: 05/31/2013

Cummings & Co. Realtors

Last Buyer's Agent

Andres Serafini

(240) 418-8899 andres@twgrealtors.com Realty of America LLC License #SP98374775

Realty of America LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,662

Year Built

  • 1954

Lot Details

  • 7,595 Sq Ft Lot
  • Partially Fenced Property
  • The property's topography is level
  • Property is zoned R55

Parking

  • Off-Street Parking

Home Design

  • Rambler Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 2 Levels
  • Traditional Floor Plan
  • Built-In Features
  • Crown Molding
  • Ceiling Fan
  • Fireplace Mantel
  • Window Treatments
  • Family Room
  • Sitting Room
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Galley Kitchen
  • Gas Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Rear Basement Entry
  • Sump Pump

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Water Dispenser
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 6
  • Assessor Parcel Number 17101126192

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,662

Year Built

1954

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Home Warranty: Yes
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1954

Interior Features

  • Appliances: Dishwasher, Dryer, Exhaust Fan, Icemaker, Microwave, Oven/Range - Gas, Refrigerator, Washer, Water Dispenser
  • Interior Amenities: Kitchen - Galley, Combination Dining/Living, Built-Ins, Crown Moldings, Window Treatments, Wood Floors, Floor Plan - Traditional
  • Fireplace Features: Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Living Room
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Master Bedroom, Sitting Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room
  • Basement: Yes
  • Basement Type: Rear Entrance, Sump Pump, Fully Finished, Walkout Stairs
  • Living Area Units: Square Feet
  • Total Sq Ft: 2016
  • Living Area Sq Ft: 2016
  • Price Per Sq Ft: 234.43
  • Above Grade Finished Sq Ft: 1066
  • Below Grade Finished Sq Ft: 950
  • Total Below Grade Sq Ft: 950
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Sidewalks
  • Pool: No Pool

Garage/Parking

  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Lot Info

  • Fencing: Partially
  • Improvement Assessed Value: 135600.00
  • Land Assessed Value: 75300.00
  • Lot Size Acres: 0.17
  • Lot Size Area: 7595
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7595.00
  • Outdoor Living Structures: Porch(es)
  • Topography: Level
  • Zoning: R55
  • In City Limits: Yes

Tax Info

  • Assessor Parcel Number: 14553342
  • Tax Annual Amount: 3662.05
  • Assessor Parcel Number: 17101126192
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2013
Closed on
Jul 1, 2013
Sold by
Davis Johnson Chonya M and Johnson Walter F
Bought by
Melara Melvin W and Melara David E
Seller's Agent
Reta Sponsky
Cummings & Co. Realtors
Buyer's Agent
Andres Serafini
Realty of America LLC
List Price
$249,900
Sold Price
$245,000
Premium/Discount to List
-$4,900
-1.96%
Current Estimated Value
$451,917

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,917
Avg. Annual Appreciation
5.03%
Original Mortgage
$240,562
Outstanding Balance
$172,109
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$279,808

Purchase Details

Closed on
Apr 24, 2009
Sold by
Federal National Mrtg Assoc
Bought by
Johnson,Walter Davi and Johnson,Walter F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,743
Interest Rate
4.92%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 22, 2008
Sold by
Gomez Rosa A
Bought by
Federal National Mrtg Assoc

Purchase Details

Closed on
Jan 16, 2008
Sold by
Cid Alicia D and Cid Rosa A Gomez
Bought by
Gomez Rosa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
6.24%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Mar 29, 2007
Sold by
Cid Alicia D and Cid Rosa A Gomez
Bought by
Gomez Rosa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
6.24%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2004
Sold by
Hoang Thanh
Bought by
Cid Alicia D and Cid Rosa A Gomez

Purchase Details

Closed on
Jun 11, 2003
Sold by
Walters Calvin Q
Bought by
Hoang Thanh

Purchase Details

Closed on
May 16, 1997
Sold by
Walters Calvin Q
Bought by
Walters Calvin Q and Etal Juliette F
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

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
Melara Melvin W $245,000 Aspen Title & Escrow Corp
Johnson,Walter Davi $235,000 --
Federal National Mrtg Assoc $298,300 --
Gomez Rosa A -- --
Gomez Rosa A -- --
Cid Alicia D $243,000 --
Hoang Thanh $133,000 --
Walters Calvin Q -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Melara Melvin W $240,562
Previous Owner Johnson,Walter Davi $230,743
Previous Owner Gomez Rosa A $68,000
Previous Owner Gomez Rosa A $68,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/18/2013 07/18/13 Sold $245,000 -2.0% $122 / Sq Ft
06/04/2013 06/04/13 Pending -- -- --
05/31/2013 05/31/13 For Sale $249,900 -- $124 / 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 $6,035 $343,200 $100,700 $242,500
2024 $6,035 $324,700 $0 $0
2023 $5,661 $306,200 $0 $0
2022 $4,744 $287,700 $100,700 $187,000
2021 $10,220 $271,300 $0 $0
2020 $9,298 $254,900 $0 $0
2019 $4,672 $238,500 $75,300 $163,200
2018 $4,207 $232,367 $0 $0
2017 $4,069 $226,233 $0 $0
2016 -- $220,100 $0 $0
2015 $3,662 $217,033 $0 $0
2014 $3,662 $213,967 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1003544036

Bright MLS

APN: 10-1126192