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320 Gorman Avenue

320 Gorman Avenue, Laurel, MD 20707
Property in Laurel
Sold Aug 13, 2020
$350,000
$262,500 by First National Bank Of America
Mortgage Due Aug 15, 2050
Sold Dec 19, 2005
$267,800
Local assessors in Laurel, MD have categorized 320 Gorman Avenue as a residential type of property. The home was built in 1945 and is 79 years old. The property's lot size has been calculated to be 6,866 square feet. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 320 Gorman Avenue has a total of 881 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is fair. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. The building has a roof that is made of composition shingle. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 320 Gorman Avenue was last sold in Jul 31, 2020 for $350,000. According to our calculations, that's $364.20 per sqft. Prior to that sales transaction, the property was sold for $267,800 in Dec 13, 2005. Current property owners are expected to pay $3,793 in taxes per year. The property on 320 Gorman Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $230,033. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1945
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Fair
  • Building Quality: B
  • Construction Type: Frame
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 6,866
  • Total Building Area: 961
  • Gross Building Area: 961
  • Building Area: 961
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 881
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THOMAS SUBDIVISION
  • Land Acres: 0.158
  • Standard Land Use Code: Single family residential
  • Legal Description 1: THOMAS SUB

Ownership

  • Current Owner : PINEDA JOSE ADALI DERAS
  • Current Owner 2: HERNANDEZ DEYSI LETICIA
  • Previous Owner : LINARES WILLIAM A
  • Owner Before Previous Owner: GRAHAM MARY LOU ETAL
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Et al (and others)

Neighborhood

  • School District Name: Prince George's County Public Schools
  • Census Tract: 800109

Zoning

  • Zoning: LAUR

Geography

  • Assessors Map Reference: 6 C2 0
  • Account Number: 1115633
  • District: 10
  • Parcel: 10-1115633
  • Lot: 7
  • Municipality: LAUREL
  • Latitude: 39.0992
  • Longitude: -76.8517

    Address

  • Full Address: 320 Gorman Ave
  • Address - House Number: 320
  • Address - Street Name: Gorman
  • Address - Suffix Type: Ave
  • State: MD
  • City Name: Laurel
  • Carrier Code: C018
  • 4-Digit Zip Code: 4702
  • Zip Code: 20707

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,793
  • Tax Rate Code Area: 090

    Appraisal Valuation

  • Standard Deviation: 0.1785
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 76
  • Final Value: 347,393
  • High Value: 409,437
  • Low Value: 285,349

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $262,500
  • First Open Lien Mortgage Lender: FIRST NATIONAL BANK OF AMERICA
  • First Open Lien Mortgage Recording Date: Aug 13, 2020
  • First Open Lien Mortgage Loan Amount: $262,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 15, 2050

    Market Valuation

  • Market Total Value: $286,900
  • Market Land Value: $100,500
  • Market Improvement Value: $186,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $230,033

    Sales

  • Current Sale Contract Date: Jul 31, 2020
  • Current Sale Recording Date: Aug 13, 2020
  • Current Sale Transaction ID: 11784997797
  • Current Sale Price: $350,000
  • Current Sale Document Type: Special Warranty Deed
  • Previous Sale Recording Date: Dec 19, 2005
  • Previous Sale Contract Date: Dec 13, 2005
  • Previous Sale Amount: $267,800
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST NATIONAL BANK OF AMERICA
  • First Mortgage Transaction Date: Aug 13, 2020
  • First Mortgage Loan Amount: $262,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 15, 2050

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Frequently Asked Questions

What neighborhood is 320 Gorman Avenue located in?
The 320 Gorman Avenue is a located in the neighborhood of Laurel in Laurel, Laurel.
What is the average sales price for listings in 320 Gorman Avenue?
The average sales price for units in 320 Gorman Avenue is $0 currently.

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