NOT LISTED FOR SALE

Estimated Value: $615,416 - $737,000

-- Bed
3 Baths
2,678 Sq Ft
$251/Sq Ft Est. Value

About This Home

This home is located at 5480 Bishops Place, Welcome, MD 20693 and is currently estimated at $673,354, approximately $251 per square foot. 5480 Bishops Place is a home located in Charles County with nearby schools including Mt. Hope/Nanjemoy Elementary School, General Smallwood Middle School, and Henry E. Lackey High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 29, 2005
Sold by
Shannon Patricia L and Shannon Steven D
Bought by
Larrabee Regina M
Current Estimated Value
$673,354

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$478,800
Outstanding Balance
$253,321
Interest Rate
5.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$420,033

Purchase Details

Closed on
Jul 25, 2003
Sold by
O'Gorman John Patricia Shannon
Bought by
Shannon Patricia L and Shannon Steven D

Purchase Details

Closed on
May 11, 2000
Sold by
Valley View Family Ltd Partnership
Bought by
O'Gorman John Patricia Shannon
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
Larrabee Regina M $598,500 --
Shannon Patricia L -- --
O'Gorman John Patricia Shannon $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Larrabee Regina M $478,800
Closed Larrabee Regina M $119,700
Closed O'Gorman John Patricia Shannon --
Source: Public Records

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 $15,060 $536,100 $92,800 $443,300
2024 $6,637 $495,133 $0 $0
2023 $6,490 $454,167 $0 $0
2022 $5,770 $413,200 $77,800 $335,400
2021 $5,119 $390,033 $0 $0
2020 $5,119 $366,867 $0 $0
2019 $4,798 $343,700 $77,800 $265,900
2018 $4,713 $340,467 $0 $0
2017 $4,662 $337,233 $0 $0
2016 -- $334,000 $0 $0
2015 $4,403 $334,000 $0 $0
2014 $4,403 $334,000 $0 $0
Source: Public Records

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