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$414,900

Beds
3
Baths
3.5
sq ft
1,710

5 Mustang Dr, La Plata, MD 20646

5 Mustang Dr

LA PLATA, MD 20646

  • 4 days on market
Welcome to 5 Mustang Drive in the much sought after Villages of Steeplechase community. This home has 3 bedrooms and 3.5 baths including two primary bedrooms with en suite bathrooms with ceramic tile floors, shower surrounds, bathtubs and large vanities with ample storage. Recent upgrades include a partial roof replacement completed in 2023, new Energy Star stove, microwave, washer, and dryer with smart features installed in 2022. There are 3 walk-in closets with custom organizational storage installed by Closets by Design with a Lifetime Guarantee to any future owner of this home. More features include up graded lighting, granite counters, stainless appliances, and hardwood flooring. Just outside the open concept kitchen, dining, and living areas is a composite deck providing low maintenance outdoor relaxing and entertainment options. Exterior elements include a full brick front and Hardie Plank back siding, two-car attached garage with an opener, and additional built-in storage shelves. 5 Mustang Drive is in Phase 1 of the Villages of Steeplechase and steps away from community amenities including the Residents' Club, fitness center, pool, mailroom, and hiking trails. This home has additional parking on Mustang Drive in addition to its private driveway and the 2-car garage. The HOA takes care of all yard and common area maintenance, including mowing, mulching, watering, and sidewalk snow removal, making this one of La Plata’s few low-maintenance communities without age restrictions. Located just off 301 southbound, this home is close to the Town of La Plata's services, community building events, Farmers Market, small businesses, convenience shopping, hospital, medical offices, churches, library, and restaurants. Its proximity to major commuter routes such as routes 301, 210, 495, and 5 make it an excellent choice for those traveling to DC, Virginia, or other parts of Maryland for work or leisure.

Details

Property type

Townhouse

Est. home value

$396,033

Lot size

1,243 sq ft

Price per sq ft

$243

Year built

2013

Annual property taxes

$4,807

Monthly HOA fee

$150

Price History

01/02/2025
Bright

Bright #MDCH2038318

Listed
$414,900
+8.05%
08/12/2022
Bright

Bright #MDCH2013906

Sold
$384,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Sidewalks

School district: 

CHARLES 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

$28,171
Asking price
$414,900
Closing costs (~8% of asking)
-$33,192
Est. remaining loan balance
-$353,537
Cash to seller
$28,171

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

Seller’s Loan History

Lender

First Home Mortgage Corp

Loan start date

August 2022

Original loan amount

$364,800

Est. remaining balance

$353,537

Interest rate

5.81%

Loan type

New Conventional, 30 year

Seller

Robert Farinelli and Steven T Garvin

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: 01/02/2025 at 9:30 PM

Listing updated: 01/02/2025 at 12:20 AM

Listed by: Andrea Dawn Ronaldi, Coldwell Banker Jay Lilly Real Estate Phone #: (301) 645-1700

MLS: Bright #MDCH2038318

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