NOT LISTED FOR SALE

505 Montgomery St Unit A Laurel, MD 20707

Estimated Value: $320,000 - $361,961

3 Beds
2.5 Baths
1,360 Sq Ft
$256/Sq Ft Est. Value

Last Sold August 22, 2018

Last sale price $244,000 $179 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $2,308/month

32 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Living Room
  • Traditional Floor Plan
  • Breakfast Area or Nook
  • Central Heating and Cooling System

About This Home

As of August 2018

Rarely available End unit town home in historic Laurel with an elementary school across the street. Home is close to Laurel town center and major highways. Easy access to 295, 95 for quick access to Washington D.C. and Baltimore. No HOA. 3 bedrooms and 2.5 bath. Parking pad in rear of home enough for 2 cars. Unfinished basement is big enough for extra rooms. Home Warranty Provided by Seller.

Last Agent to Sell the Property

Renee Okon

(240) 893-2687 okonre@gmail.com Okon Realty License #532184 Listed on: 05/31/2018

Last Buyer's Agent

Russell Carter

(202) 953-0777 russcarter@dmvwarteam.com Keller Williams Capital Properties License #659292

Keller Williams Capital Properties

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,718

Year Built

  • Built in 1977

Lot Details

  • 4,371 Sq Ft Lot
  • 1 Common Wall
  • Historic Home
  • Property is in very good condition

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Window Treatments
  • Living Room
  • Dining Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Stove
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2.5 Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Rear Basement Entry
  • Rough-In Basement Bathroom

Parking

  • Garage
  • Rear-Facing Garage

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Montgomery Oaks Subdivision

Listing and Financial Details

  • Tax Lot 17
  • Assessor Parcel Number 17101086289

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,718

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: Yes
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2018-05-31
  • Year Built: 1977
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Refrigerator, Stove, Washer, Water Heater
  • Interior Amenities: Kitchen - Table Space, Breakfast Area, Kitchen - Eat-In, Window Treatments, Floor Plan - Traditional
  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Entry Location: Living Room
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Kitchen, Basement
  • Basement: Yes
  • Basement Type: Rear Entrance, Outside Entrance, Rough Bath Plumb, Walkout Level, Unfinished
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Main Level Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: No
  • Garage Features: Garage - Rear Entry

Utilities

  • Refuse: 34.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Central
  • 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

  • Improvement Assessed Value: 244400.00
  • Land Assessed Value: 75000.00
  • Lot Size Acres: 0.10
  • Lot Size Area: 4371
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4371.00
  • Property Condition: Very Good
  • Zoning: R20
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14697895
  • Tax Annual Amount: 4718.00
  • Assessor Parcel Number: 17101086289
  • Tax Lot: 17
  • Tax Page Number: 284
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2018
Closed on
Aug 22, 2018
Sold by
Schlessinger Kenneth D
Bought by
Hewitt Courtney
Seller's Agent
Renee Okon
Okon Realty
Buyer's Agent
Russell Carter
Keller Williams Capital Properties
List Price
$244,900
Sold Price
$244,000
Premium/Discount to List
-$900
-0.37%
Current Estimated Value
$347,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,490
Avg. Annual Appreciation
4.96%
Original Mortgage
$239,580
Outstanding Balance
$208,520
Interest Rate
4.6%
Mortgage Type
FHA
Estimated Equity
$138,970

Purchase Details

Closed on
Nov 29, 2002
Sold by
Nichols Margaret K
Bought by
Schlessinger Kenneth D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,320
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 24, 1997
Sold by
Nichols Margaret K
Bought by
Nichols Margaret K

Purchase Details

Closed on
Oct 13, 1977
Sold by
T Brown Real H
Bought by
Nichols Margaret K and Nichols Bernard L
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
Hewitt Courtney $244,000 Wfg Natl Title Ins Co
Schlessinger Kenneth D $157,900 Brennan Title Company
Nichols Margaret K -- --
Nichols Margaret K $48,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hewitt Courtney $239,580
Previous Owner Schlessinger Kenneth D $126,320
Closed Schlessinger Kenneth D $23,685
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/22/2018 08/22/18 Sold $244,000 -0.4% $179 / Sq Ft
07/13/2018 07/13/18 For Sale $244,900 0.0% $180 / Sq Ft
07/03/2018 07/03/18 Pending -- -- --
07/02/2018 07/02/18 Pending -- -- --
06/29/2018 06/29/18 Price Changed $244,900 -5.4% $180 / Sq Ft
05/31/2018 05/31/18 For Sale $259,000 -- $190 / 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 $5,824 $327,100 $90,000 $237,100
2024 $5,824 $313,633 $0 $0
2023 $5,543 $300,167 $0 $0
2022 $5,248 $286,700 $75,000 $211,700
2021 $5,214 $286,700 $75,000 $211,700
2020 $5,211 $286,700 $75,000 $211,700
2019 $6,257 $319,400 $75,000 $244,400
2018 $3,985 $288,600 $0 $0
2017 $3,627 $257,800 $0 $0
2016 -- $227,000 $0 $0
2015 $3,221 $223,633 $0 $0
2014 $3,221 $220,267 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2018

    Renee Okon

    Okon Realty

    Section Image
  • Russell Carter

    Buyer's Agent in 2018

    Russell Carter

    Keller Williams Capital Properties

    (202) 953-0777

    1 in this area

    176 Total Sales

    Russell Carter
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1000910002

Bright MLS

APN: 10-1086289

Maryland Prince George's County Laurel 20707

505 Montgomery St Unit A, Laurel, MD

Not Listed for Sale

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