NOT LISTED FOR SALE

507 Gorman Ave Laurel, MD 20707

Estimated Value: $425,000 - $457,000

4 Beds
2 Baths
1,741 Sq Ft
$254/Sq Ft Est. Value

Last Sold August 24, 2018

Last sale price $227,500 $131 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $3,009/month

11 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Forced Air Heating and Cooling System
  • 1 Fireplace

About This Home

As of August 2018

4 bedroom, 2 bath farm house with vinyl siding, porch, hardwood floors, updated kitchen & baths, and rear deck.

Last Listed By

Anthony Dozier

Home Source Real Estate Solutions License #514284 Listed on: 04/30/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,190

Year Built

  • Built in 1890

Lot Details

  • 7,755 Sq Ft Lot
  • Property is zoned R55

Parking

  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • 1 Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Laurel Subdivision

Listing and Financial Details

  • Assessor Parcel Number 17100998682

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,190

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1890
  • Remarks Public: 4 bedroom, 2 bath farm house with vinyl siding, porch, hardwood floors, updated kitchen & baths, and rear deck.
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Basement: No
  • Living Area Units: Square Feet
  • Street Number Modifier: 507

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2

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
  • Type Of Parking: Off Street

Utilities

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

Schools

  • School District: PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
  • School District Key: 121137599599

Lot Info

  • Improvement Assessed Value: 183400.00
  • Land Assessed Value: 75300.00
  • Lot Size Acres: 0.18
  • Lot Size Area: 7755
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7755.00
  • Year Assessed: 2018
  • Zoning: R55
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14690470
  • Tax Annual Amount: 4190.00
  • Assessor Parcel Number: 17100998682
  • Tax Page Number: 572
  • Tax Total Finished Sq Ft: 1713
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 08/24/2018

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2018
Closed on
Aug 15, 2018
Sold by
Secretary Of Veterans Affairs
Bought by
Melendez Enriquez Welter L
Seller's Agent
Anthony Dozier
Home Source Real Estate Solutions
Buyer's Agent
Maribel Reyes
EXP Realty, LLC
List Price
$219,900
Sold Price
$227,500
Premium/Discount to List
$7,600
3.46%
Total Days on Market
11
Current Estimated Value
$442,041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,541
Avg. Annual Appreciation
10.36%
Original Mortgage
$170,625
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 2018
Sold by
Green Hugh J and Usaa Federal Savings Bank
Bought by
The Secretary Of Veterans Affairs

Purchase Details

Listed on
Apr 12, 2013
Closed on
Nov 13, 2013
Sold by
Hammond Thomas J
Bought by
Thomason Mikael and Thomason Caitlyn M
Seller's Agent
Linda Harrod
Long & Foster Real Estate, Inc.
Buyer's Agent
Sandra Bowser
Coldwell Banker Realty
List Price
$299,900
Sold Price
$287,000
Premium/Discount to List
-$12,900
-4.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.82%
Original Mortgage
$293,170
Interest Rate
4.29%
Mortgage Type
VA

Purchase Details

Closed on
Sep 19, 2002
Sold by
Fowler Don A
Bought by
Hammond Thomas J

Purchase Details

Closed on
Jul 8, 1992
Sold by
Powers Charles E
Bought by
Fowler Don A and Keys Margaret J

Range of Values:

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Average Value
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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
Melendez Enriquez Welter L $227,500 Realty Title Services
The Secretary Of Veterans Affairs $243,745 None Available
Thomason Mikael $287,000 None Available
Hammond Thomas J $199,900 --
Fowler Don A $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Melendez Enriquez Welter L $176,000
Closed Melendez Enriquez Welter L $170,625
Previous Owner Thomason Mikael $293,170
Previous Owner Hammond Thomas J $263,415
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2018 08/24/18 Sold $227,500 0.0% $131 / Sq Ft
05/11/2018 05/11/18 Pending -- -- --
05/05/2018 05/05/18 Off Market $227,500 -- --
04/30/2018 04/30/18 For Sale $219,900 -23.4% $126 / Sq Ft
11/13/2013 11/13/13 Sold $287,000 +2.5% $165 / Sq Ft
10/03/2013 10/03/13 Pending -- -- --
06/01/2013 06/01/13 Price Changed $279,900 -6.7% $161 / Sq Ft
04/12/2013 04/12/13 For Sale $299,900 -- $172 / 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
2024 $6,548 $352,667 $0 $0
2023 $5,540 $335,933 $0 $0
2022 $5,844 $319,200 $100,700 $218,500
2021 $5,444 $299,033 $0 $0
2020 $5,079 $278,867 $0 $0
2019 $5,068 $258,700 $75,300 $183,400
2018 $4,454 $243,367 $0 $0
2017 $3,934 $228,033 $0 $0
2016 -- $212,700 $0 $0
2015 $3,427 $212,700 $0 $0
2014 $3,427 $212,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Anthony Dozier

    Seller's Agent in 2018

    Anthony Dozier

    Home Source Real Estate Solutions

    (301) 805-2364

    1 in this area

    54 Total Sales

    Anthony Dozier
    Section Image
  • Maribel Reyes

    Buyer's Agent in 2018

    Maribel Reyes

    EXP Realty, LLC

    (703) 474-5578

    2 in this area

    179 Total Sales

    Maribel Reyes
    Section Image

  • L

    Seller's Agent in 2013

    Linda Harrod

    Long & Foster

  • Sandra Bowser

    Buyer's Agent in 2013

    Sandra Bowser

    Coldwell Banker Realty

    (301) 325-7037

    14 Total Sales

    Sandra Bowser
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1000464528

Bright MLS

APN: 10-0998682

Maryland Prince George's County Laurel 20707

507 Gorman Ave, Laurel, MD

Homes for Sale in Laurel, MD

This home is located at 507 Gorman Ave, Laurel, MD 20707 since 30 April 2018 and is currently estimated at $442,041, approximately $253 per square foot. This property was built in 1890. 507 Gorman Ave 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.

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