Seller's Agent in 2021
Lex Lianos
Compass
(703) 340-7470
1 in this area
184 Total Sales
511 Gorman Ave Laurel, MD 20707
Estimated Value: $551,000 - $587,000
3
Beds
4
Baths
2,616
Sq Ft
$218/Sq Ft
Est. Value
Highlights
- Second Kitchen
- Recreation Room
- Transitional Architecture
- Open Floorplan
- Vaulted Ceiling
- Backs to Trees or Woods
About This Home
As of May 2021511 Gorman Ave is a well maintained 3 BR,4 BA style, over 2600 finished sqft Craftsman style home sited on an almost quarter acre lot in the heart of Laurel, just down the street from the new Laurel Library. A charming covered front porch, 1-car rear load garage, an open floor plan, spacious room sizes, and an abundance of windows are only some of the features that make this home so desirable. A cook's kitchen with island, huge finished lower level, two story foyer and living room, a gas fireplace and loads of windows are offered in this beautiful home. In the lower lower, a separate apartment can be made with the full second kitchen, a separate den, washer/dryer hookup and separate entrance/exit through the walk-up stairs, if registered with the City of Laurel. This lot is possibly zoned for commercial use as well but will need to be verified. Enjoy a variety of shopping, dining and entertainment experiences nearby, or take advantage of recreational opportunities at one of the area's local parks and trails. A commuter's dream conveniently located of Rt. 198, I-95 and the BW Parkway. Welcome home!
Last Agent to Sell the Property
(703) 340-7470 lexlianos@weichert.com Compass License #0225186059 Listed on: 04/15/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,545
Year Built
- Built in 2011
Lot Details
- 9,884 Sq Ft Lot
- Corner Lot
- Backs to Trees or Woods
- Property is in very good condition
- Property is zoned LAUR
Parking
- 1 Car Direct Access Garage
- 3 Driveway Spaces
- Garage Door Opener
Home Design
- Transitional Architecture
- Shingle Roof
- Vinyl Siding
Interior Spaces
- Property has 3 Levels
- Open Floorplan
- Vaulted Ceiling
- Ceiling Fan
- Fireplace Mantel
- Gas Fireplace
- Double Pane Windows
- Vinyl Clad Windows
- Insulated Windows
- Sliding Windows
- Window Screens
- Family Room Off Kitchen
- Living Room
- Combination Kitchen and Dining Room
- Den
- Recreation Room
- Attic
- Basement
Kitchen
- Second Kitchen
- Breakfast Area or Nook
- Eat-In Kitchen
- Electric Oven or Range
- Built-In Microwave
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- Walk-In Closet
- Bathtub with Shower
Laundry
- Laundry on main level
- Dryer
- Washer
Outdoor Features
- Rain Gutters
Utilities
- Forced Air Zoned Heating and Cooling System
- Vented Exhaust Fan
- Natural Gas Water Heater
- Municipal Trash
Community Details
- No Home Owners Association
- Laurel Park Subdivision
Listing and Financial Details
- Tax Lot 5A
- Assessor Parcel Number 17103788833
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 15, 2021
Closed on
May 24, 2021
Sold by
Yoon Chang Dae and Lee Mi Y
Bought by
Famotibe Ayomide
Seller's Agent
Lex Lianos
Compass
Buyer's Agent
Bode Akinola
Paragon Realty, LLC
List Price
$465,000
Sold Price
$490,000
Premium/Discount to List
$25,000
5.38%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,293
Avg. Annual Appreciation
3.36%
Original Mortgage
$481,124
Outstanding Balance
$434,648
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$135,645
Purchase Details
Closed on
Feb 23, 2017
Sold by
Yoon Chang Dae
Bought by
Yoon Chang Dae and Lee Mi Y
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
3.91%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Oct 19, 2016
Sold by
Yoon Chang Dae
Bought by
Yoon Chang Dae and Lee Mi Yang
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,000
Interest Rate
4.16%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 6, 2013
Sold by
Legend Builders Inc
Bought by
Yoon Chand Dae
Purchase Details
Closed on
Nov 17, 2011
Sold by
Legend Builders Inc
Bought by
Yoon Chang Dae
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,550
Interest Rate
4.4%
Mortgage Type
FHA
Purchase Details
Closed on
Jun 27, 2005
Sold by
Aleskei Carol M
Bought by
Legend Builders Inc
Purchase Details
Closed on
Apr 5, 1999
Sold by
Albertie Wyeth B
Bought by
Aleskei Carol M
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Famotibe Ayomide | $490,000 | Sim Titles Llc | |
| Yoon Chang Dae | -- | None Available | |
| Yoon Chang Dae | -- | Security American Title Llc | |
| Yoon Chand Dae | -- | Nations Title Of Md Inc | |
| Yoon Chang Dae | $289,900 | Nations Title Of Md Inc | |
| Legend Builders Inc | $215,000 | -- | |
| Aleskei Carol M | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Famotibe Ayomide | $481,124 | |
| Previous Owner | Yoon Chang Dae | $20,000 | |
| Previous Owner | Yoon Chang Dae | $266,000 | |
| Previous Owner | Yoon Chang Dae | $282,550 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/28/2021 05/28/21 | Sold | $490,000 | +5.4% | $187 / Sq Ft |
| 04/15/2021 04/15/21 | For Sale | $465,000 | -- | $178 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $8,407 | $501,100 | $101,100 | $400,000 |
| 2024 | $8,407 | $454,433 | $0 | $0 |
| 2023 | $7,505 | $407,767 | $0 | $0 |
| 2022 | $6,593 | $361,100 | $76,100 | $285,000 |
| 2021 | $6,549 | $361,100 | $76,100 | $285,000 |
| 2020 | $6,546 | $361,100 | $76,100 | $285,000 |
| 2019 | $8,163 | $416,700 | $75,500 | $341,200 |
| 2018 | $7,021 | $396,867 | $0 | $0 |
| 2017 | $6,513 | $377,033 | $0 | $0 |
| 2016 | -- | $357,200 | $0 | $0 |
| 2015 | $1,041 | $336,833 | $0 | $0 |
| 2014 | $1,041 | $316,467 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Lex Lianos
-
Janet Kang
Seller Co-Listing Agent in 2021
Janet Kang
Compass
(703) 628-3822
1 in this area
63 Total Sales
-
Bode Akinola
Buyer's Agent in 2021
Bode Akinola
Paragon Realty, LLC
(301) 910-2673
1 in this area
71 Total Sales
Map
Source: Bright MLS
MLS Number: MDPG603200
APN: 10-3788833
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