516 Main St Laurel, MD 20707
Studio
--
Bath
2,400
Sq Ft
6,621
Sq Ft Lot
About This Home
This home is located at 516 Main St, Laurel, MD 20707. 516 Main St 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.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 16, 2021
Sold by
Alampur 1313
Bought by
Dem Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Outstanding Balance
$978,335
Interest Rate
3.09%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 17, 2020
Sold by
Singh Gurmit and Singh Maninder
Bought by
Alampur 1313 Limited Liability Company
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 18, 2016
Sold by
Kim Chester C and Kim Christina Mia
Bought by
Singh Gurmit and Singh Maninder
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Interest Rate
3.73%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 6, 1988
Sold by
Beall Richard V
Bought by
Kim Chester C and Shue Christina 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 |
|---|---|---|---|
| Dem Llc | $750,000 | None Listed On Document | |
| Alampur 1313 Limited Liability Company | -- | Sage Title Group Llc | |
| Singh Gurmit | $500,000 | Sage Title Group Llc | |
| Kim Chester C | $250,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Dem Llc | $1,100,000 | |
| Previous Owner | Alampur 1313 Limited Liability Company | $468,000 | |
| Previous Owner | Singh Gurmit | $975,000 |
Source: Public Records
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 | $12,098 | $721,500 | $269,200 | $452,300 |
| 2024 | $12,098 | $622,833 | -- | -- |
| 2023 | $10,187 | $524,167 | $0 | $0 |
| 2022 | $8,286 | $425,500 | $269,200 | $156,300 |
| 2021 | $8,124 | $419,433 | $0 | $0 |
| 2020 | $0 | $413,367 | $0 | $0 |
| 2019 | $7,979 | $407,300 | $269,200 | $138,100 |
| 2018 | $7,912 | $406,900 | $0 | $0 |
| 2017 | $7,958 | $406,500 | $0 | $0 |
| 2016 | -- | $406,100 | $0 | $0 |
| 2015 | $8,250 | $406,100 | $0 | $0 |
| 2014 | $8,250 | $406,100 | $0 | $0 |
Source: Public Records
Map
Nearby Homes
- 505A Montgomery St
- 19 Post Office Ave Unit 203
- 610 Main St Unit 413
- 413 Montgomery St
- 509 4th St
- 9560 Cissell Ave
- 501 8th St
- 9401 Riverbrink Ct
- 9351 Cabot Ct
- Lot 5 Cissell Ave
- 910 Montgomery St Unit A
- 9539 Linville Ave
- 120 2nd St
- 200 1/2 11th St
- 916 Philip Powers Dr
- 1103 Montgomery St
- 1016 Phillip Powers Dr
- 903 Montrose Ave
- 1000 8th St
- 211 Patuxent Rd
- 518 Main St
- 508 Main St
- 512 Main St
- 504 Main St
- 107 Brashears St
- 520 Main St
- 506 Main St
- 502 Main St
- 509 Prince George St
- 513 Prince George St
- 509A Main St
- 507 Prince George St
- 500 Main St
- 515 Prince George St
- 509 Main St Unit B
- 509 Main St Unit A
- 509 Main St
- 513 Main St
- 30 Post Office Ave
- 511 Main St