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$514,700

Beds
5
Baths
3.5
sq ft
4,448

20557 Pershing Dr, Lexington Park, MD 20653

20557 Pershing Dr

LEXINGTON PARK, MD 20653

  • 16 days on market
    • Price drop $10,000↓
**New Price** This spacious and open 5-bedroom, 3.5-bathroom residence is ideally located near the base, ensuring an easy commute to work. The moment you step inside, you'll be captivated by the thoughtful design and attention to detail. The inviting front porch is perfect for sitting and relaxing after a long day. The living room can easily serve as a home office or additional living space, and the formal dining room is perfect for hosting dinners and special gatherings. The kitchen features newer stainless steel appliances (2016 & 2018), granite countertops, a large center island with seating, a touchless sink faucet, and a stylish backsplash. Enjoy the convenience of a spacious pantry and battery-operated blinds in the large picture window. The expansive family room, with its cozy wood-burning fireplace, is ideal for chilly evenings, and the sunroom room offers additional space for relaxation, reading, plants or entertaining. Elegant finishes like crown molding, chair rail, and white shutters throughout the home add a sophisticated touch. Upstairs, you'll find four generous bedrooms, including a luxurious master suite with a huge walk-in closet, a second closet, and a master bathroom that was recently painted and features a newly installed bathtub, a separate shower, and a separate water closet. The convenient laundry room is also located on this level. The lower level features a versatile great room or bonus area that could be used as a game room, home schooling space, theatre room or additional living area, along with the fifth bedroom and a full bathroom, making it ideal for guests or extended family. A large storage room provides ample space for all your extra items. Recent updates include new carpet in three upstairs bedrooms, freshly shampooed carpets on the main level and basement, a power-washed exterior, and a recently serviced HVAC system. The property also boasts energy-efficient solar panels which significantly reduce electric costs. Off the sunroom you will find maintenance-free Trex decking and vinyl railing, and a fully fenced rear yard that backs to trees. Enjoy beautiful landscaping, a small patio with entrance to the basement that is perfect for grilling and entertaining, and a lawn sprinkler system to keep your grass green during the summer. Hot water tank was replaced in 2020 alongside the HVAC and furnace. Welcome home to a property that combines comfort, convenience, and style—schedule your tour today and discover everything this exceptional home has to offer!

Details

Property type

Single Family Residence

Est. home value

$517,445

Lot size

0.23 acres

Price per sq ft

$116

Year built

2007

Annual property taxes

$3,870

Monthly HOA fee

$31.5

Price History

09/10/2024
Bright

Bright #MDSM2020354

Price change
$514,700
-1.91%
09/01/2024
Bright

Bright #MDSM2020354

Listed
$524,700
+16.6%
06/28/2021
Bright

Bright #MDSM176108

Sold
$450,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

SPRING RIDGE

High school: 

GREAT MILLS

School district: 

ST. MARYS COUNTY PUBLIC SCHOOLS

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$55,214
Asking price
$514,700
Closing costs (~8% of asking)
-$41,176
Est. remaining loan balance
-$418,310
Cash to seller
$55,214

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Southern Trust Mortgage Llc

Loan start date

June 2021

Original loan amount

$450,000

Est. remaining balance

$418,310

Interest rate

2.98%

Loan type

VA, 30 year

Seller

Timothy Coleman

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 09/16/2024 at 4:30 PM

Listing updated: 09/16/2024 at 2:36 PM

Listed by: Katharine R Christofides, CENTURY 21 New Millennium Phone #: (703) 556-4222

MLS: Bright #MDSM2020354

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