NOT LISTED FOR SALE

505 Gorman Ave Unit 3 Laurel, MD 20707

Estimated Value: $434,000 - $546,000

1 Bed
1 Bath
350 Sq Ft
$1,361/Sq Ft Est. Value

About This Home

Studio apartment located on the 2nd floor. Large living room / bedroom area, kitchen with stainless steel appliances including build in microwave. Updated bathroom. This unit does not have a washer/dryer but if the new tenant would like one it will be an extra $100.00 per month and they will lose the closets in the kitchen. Located off 198 in the heart of Laurel close to shopping, restaurants and movie theater. Shared driveway with neighbor. Parking lot is in the back behind the building. Easy commute to Route I-95, Route 32 and the Marc Train. Pets case by case.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 28, 2019
Sold by
Jain Deepak and Jain Rachna Daya
Bought by
Jain Legacy Holdings Llc
Current Estimated Value
$476,513

Range of Values:

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
Jain Legacy Holdings Llc -- Chicago Title Insurance Co
Jain Deepak -- Chicago Title Insurance Co
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2022 09/02/22 Rented $1,250 0.0% --
08/29/2022 08/29/22 Under Contract -- -- --
08/15/2022 08/15/22 For Rent $1,250 0.0% --
08/14/2022 08/14/22 Off Market $1,250 -- --
08/11/2022 08/11/22 For Rent $1,250 +25.0% --
05/30/2018 05/30/18 Rented $1,000 0.0% --
05/17/2018 05/17/18 Under Contract -- -- --
04/13/2018 04/13/18 For Rent $1,000 -- --

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 $7,849 $423,567 $0 $0
2023 $7,797 $423,333 $0 $0
2022 $7,721 $423,100 $100,700 $322,400
2021 $6,844 $377,067 $0 $0
2020 $6,015 $331,033 $0 $0
2019 $5,583 $285,000 $75,300 $209,700
2018 $4,934 $270,067 $0 $0
2017 $4,433 $259,333 $0 $0
2016 -- $240,200 $0 $0
2015 $4,466 $236,800 $0 $0
2014 $4,466 $233,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michelle Pennington

    Seller's Agent in 2022

    Michelle Pennington

    Century 21 New Millennium

    (410) 730-8888

    3 in this area

    58 Total Sales

    Michelle Pennington
    Section Image
  • Feliecia Hamilton

    Buyer's Agent in 2022

    Feliecia Hamilton

    The Agency DC

    (347) 285-3453

    6 Total Sales

    Feliecia Hamilton
    Section Image
See All Agents

Map

Maryland Prince George's County Laurel 20707

505 Gorman Ave Unit 3, Laurel, MD

Homes for Sale in Laurel, MD

This home is located at 505 Gorman Ave Unit 3, Laurel, MD 20707 and is currently estimated at $476,513, approximately $1,361 per square foot. 505 Gorman Ave Unit 3 is a home located in Prince George's County with nearby schools including Laurel Elementary School, Dwight D. Eisenhower Middle School, and Laurel High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes