About Home value Property history Tax history Market statistics Schools Neighborhood Places of interest

501 Gorman Ave, Laurel, MD 20707

$443,000

Last sold 12/30/2020 for $310K

3
bed
2
bath
1,560
Sqft ($199/Sqft)

House not for sale

About 501 Gorman Ave

Property type House

Neighborhood

Year built 1932

HOA fee $0/month

Lot size 0.44 Acre

Movoto estimate

Rental estimate

Property description

BACK ON MARKET! Buyer was unable to perform. Lovely historic home in Laurel on almost a half acre! Main level bedrooms, work from home space, convenient to everything, and driveway parking. Hardwood floors, original brass knobs, neutral paint, and updated kitchen with gas cooking for your convenience. Large basement is a blank canvas for your creative ideas or storage needs. Enormous fenced yard for stretching your legs, exercising your pooch, gardening or relaxing! IMPROVEMENTS INCLUDE: 1. Electrical upgrades, completed Aug. 2013 2. New furnace/ heater, completed Oct. 2015 3. One wall knocked down for more open concept kitchen Aug 2013 4. Kitchen renovation, Aug 2013 5. Gutted bathroom, new bathroom Aug 2013 6. Bedroom renovation on top level, Aug 2013 7. Backyard patio, April 2016

Listed by

Listing Agent - Chris R Reeder

Listing Office - Long & Foster Real Estate, Inc.

Source: Bright MLS

MLS#MDPG584946 • last updated 4 years ago

Movoto checked Bright MLS for data 5 minutes ago

Overview
Cooling/AC	Ceiling Fan(s), Window Unit(s), Electric
Heating	Electric
Levels/Style	Traditional
Type	Residential
Virtual Tour	N/A
Status	Closed
SqFt	1560
Lot Size (SqFt)	19010
Lot Size (Acres)	0.44
County Tax	2466, Annually
City/ Town Tax	1641
Tax: Assessed Value	298067
Annual Property Tax	4297
Year Built	1932
Municipality	Laurel
New Construction (Y/N)	N
Foreclosure (Y/N)	N

Interior
Total # of Bathrooms	2
# Full Baths	1
# Half Baths	1
Total # of Bedrooms	3
Basement	Other
Other Room(s)	Bedroom 2, Bedroom 3, Basement, Bedroom 1, Laundry, Half Bath
Appliances	Built-In Microwave, Dishwasher, Disposal, Dryer, Oven - Single, Oven/Range - Gas, Refrigerator, Washer, Water Heater
Interior Features	Attic, Built-Ins, Ceiling Fan(s), Dining Area, Entry Level Bedroom, Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Island, Upgraded Countertops, Walk-in Closet(s), Wood Floors
Accessibility Features	None

Exterior
Construction	Other
Parking Desc	Driveway
Existing Structures	Above Grade, Below Grade

Amenities / Utilities
Utilities	Natural Gas Available
Sewer/ Septic	Public Sewer
Pool	No Pool

Location
Subdivision	LAUREL
Water Source	Public
Senior Community (Y/N)	N
School District	PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
Directions	YOUR GPS WILL PUT YOU IN FRONT OF THE HOUSE, BUT YOU WON'T BE ABLE TO STOP OR PARK ON GORMAN STREET. Park On 5th Street. CROSS STREETS: Gorman Ave And 5th Street. Both Of These Streets Are One Way. --FROM THE SOUTH: North On Route 1 Route 1 Turns Into 2nd St. LEFT On Talbot Ave, LEFT On 5th Street. Go 1.75 Blocks, House Is On RIGHT, BEFORE You Get To Gorman. Park On Parking Pad Or Street. --FROM 95: Take MD-198 E/Sandy Spring Rd. LEFT On 7TH St. RIGHT On COMPTON AVE. RIGHT On 5th Street. Go 1.75 Blocks, House Is On RIGHT, BEFORE You Get To Gorman. Park On Parking Pad Or Street
Zoning	R20

$443K

Range: $394K-$491K

Last 30 days

Rental est.: $2,374/month

• Gross rent multiplier: 10.9

Lower your payment with the loan terms that fit you.

Feb 2021
Public Records
Feb 18, 2021 Sold
$310,000
Dec 2020
MLS # MDPG584946
Dec 30, 2020 Sold
$310,000
Dec 22, 2020 Pending
—
Nov 27, 2020 Active
—
Nov 25, 2020 Listed
$309,900 (+5.1%)
Oct 21, 2020 Pending
—
Oct 16, 2020 Listed
$294,900 (-1.4%)
Jul 2018
MLS # 1000260018
Jul 11, 2018 Price Change
$299,000 (-5.0%)
Jun 14, 2018 Price Change
$314,900 (-3.1%)
May 17, 2018 Price Change
$324,900 (-1.5%)
Apr 20, 2018 Listed
$330,000 (+1.5%)
Apr 2, 2018 Listed
$325,000 (+109.7%)
Sep 2013
Public Records
Sep 20, 2013 Sold
$155,000 (-38.0%)
Oct 2008
Public Records
Oct 8, 2008 Sold
$250,000 (+455.6%)
May 2001
Public Records
May 1, 2001 Sold
$45,000

Year Property taxes Tax assessment
2023
$5,147 +3.2%

$331,600 +9.66%
2022
$4,987 -14.0%

$302,400 +0.72%
2019
$5,797 +68.8%

$300,233 +29.91%
2017
$3,434 -19.9%

$231,100 -12.3%
2011
$4,289

$263,500

501 Gorman Ave
$310K
Laurel
—
20707
$445K +11% y/y
Laurel
$505K -2% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
505 Gorman Ave, Laurel, MD 20707	$528,000	1/—	2,040	0.02
703 5th St, Laurel, MD 20707	$523,000	5/3	1,696	0.03
704 5th St, Laurel, MD 20707	$353,000	—/1	894	0.03
507 Gorman Ave, Laurel, MD 20707	$484,000	4/2	1,713	0.03
702 5th St, Laurel, MD 20707	$451,000	5/2	1,596	0.04
801 5th St, Laurel, MD 20707	$420,000	—/1	1,272	0.04
701 5th St, Laurel, MD 20707	$485,000	4/3	1,869	0.04
508 Compton Ave, Laurel, MD 20707	$553,000	4/3	2,001	0.05

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.