NOT LISTED FOR SALE

505 Gorman Ave Laurel, MD 20707

Estimated Value: $437,000 - $486,000

1 Bed
1 Bath
2,040 Sq Ft
$221/Sq Ft Est. Value

Highlights

  • Traditional Architecture
  • No HOA
  • Property is in very good condition
  • Combination Kitchen and Living
  • Cooling Available
  • Heat Pump System

About This Home

As of June 2018

This one is Apt ! in the front of building. Brand new renovated studio apartment located on the 2nd floor. Everything new carpet, cabinets, all new stainless steel appliances including build in microwave. Totally renovated bathroom. Located in the heart of Laurel. Easy commute to Route I-95, Route 32 and the Marc Train. Pets case by case. 2 other units

Last Agent to Rent the Property

Michelle Pennington

(410) 266-9005 gene.sementilli@c21nm.com CENTURY 21 New Millennium Listed on: 03/30/2018

CENTURY 21 New Millennium

Last Renter's Agent

Michelle Pennington

(410) 266-9005 gene.sementilli@c21nm.com CENTURY 21 New Millennium Listed on: 03/30/2018

CENTURY 21 New Millennium

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1890

Lot Details

  • Property is in very good condition
  • Property is zoned R55

Parking

  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • Property has 1 Level
  • Window Treatments
  • Combination Kitchen and Living

Kitchen

  • Electric Oven or Range
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

  • Cooling Available
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Gorman Community
  • Laurel Subdivision

Listing and Financial Details

  • Residential Lease
  • Security Deposit $1,200
  • Tenant pays for insurance, light bulbs/filters/fuses/alarm care, minor interior maintenance, all utilities, electricity, water, windows/screens
  • Rent includes trash removal, water, sewer
  • No Smoking Allowed
  • 12-Month Lease Term
  • Available 4/7/18
  • $50 Application Fee
  • Assessor Parcel Number 17101022250

Home Details

Home Type

Single Family

Year Built

Built in 1890

Lot Details

0

Rental Info

  • Date Available: 2018-04-07
  • Application Fee: 50.00
  • Lease Term: 12 Months
  • Pet Deposit: 300.00
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Rent Includes: Trash Removal, Water, Sewer
  • Security Deposit: 1200.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Insurance, Light Bulbs/Filters/Fuses/Alarm Care, Minor Interior Maintenance, Utilities - All, Electricity, Water, Windows/Screens
  • Vacation Rental: No
  • Max Lease in Months: 12
  • Min Lease in Months: 12

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Detached
  • Architectural Style: Traditional
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2018-03-30
  • Year Built: 1890
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Disposal, Oven/Range - Electric, Refrigerator
  • Interior Amenities: Combination Kitchen/Living, Window Treatments
  • Fireplace: No
  • Entry Location: Top Floor
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Construction Materials: Vinyl Siding
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Cooling: Yes
  • 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

Lot Info

  • Property Attached Yn: No
  • Property Condition: Very Good
  • Zoning: R55

Tax Info

  • Assessor Parcel Number: 17101022250

MLS Schools

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

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
$451,209
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
Jain Legacy Holdings Llc -- Chicago Title Insurance Co
Jain Deepak -- Chicago Title Insurance Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/01/2018 06/01/18 Rented $1,050 -12.5% --
05/10/2018 05/10/18 Under Contract -- -- --
03/30/2018 03/30/18 For Rent $1,200 -- --
Source: Bright MLS

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 $7,849 $423,800 $100,700 $323,100
2024 $7,849 $423,567 -- --
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

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Map

Source: Bright MLS

MLS Number: 1000251788

Bright MLS

APN: 10-1022250