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$425,000

Beds
3
Baths
2.0
sq ft
1,040

5000 Odessa Road, College Park, MD 20740

5000 Odessa Road

COLLEGE PARK, MD 20740

  • Pending
    • Price drop $4,000↓
Welcome to this charming 3-bedroom, 2-bathroom single-family home located in the heart of College Park! The open floor plan creates a bright and inviting space, perfect for both relaxing and entertaining. The modern kitchen is a standout feature, offering stainless steel appliances, elegant granite countertops, and plenty of cabinet space. With its flowing design, the kitchen seamlessly connects to the dining and living areas, making it ideal for hosting family and friends. The home boasts three spacious bedrooms, including a primary suite with an en-suite bathroom for added privacy and convenience. Both full bathrooms are updated and feature contemporary fixtures. Outside, the property offers a private backyard, perfect for outdoor activities and relaxation. Located in a quiet, friendly neighborhood, this home is just minutes away from major highways, local schools, shopping, dining, and the University of Maryland. Whether you're looking for a family home or a smart investment, this College Park gem is a must-see!

Details

Property type

Single Family Residence

Est. home value

$416,176

Lot size

7,187 sq ft

Price per sq ft

$409

Year built

1972

Annual property taxes

$5,878

HOA

No

Price History

11/01/2024
Bright

Bright #MDPG2128760

Pending
$425,000
10/23/2024
Bright

Bright #MDPG2128760

Price change
$425,000
-0.93%
10/10/2024
Bright

Bright #MDPG2128760

Listed
$429,000
-1.38%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

PRINCE GEORGE'S 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

$130,554
Asking price
$425,000
Closing costs (~8% of asking)
-$34,000
Est. remaining loan balance
-$260,446
Cash to seller
$130,554

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

Seller’s Loan History

Lender

Homespire Mortgage Corp

Loan start date

April 2022

Original loan amount

$273,000

Est. remaining balance

$260,446

Interest rate

3.92%

Loan type

New Conventional, 30 year

Seller

Tricia M Khattak and Muhammad S Khattak

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: Pending/Under Contract

Tomo last checked: 11/03/2024 at 7:40 AM

Listing updated: 11/01/2024 at 6:29 PM

Listed by: NaTasha Morgan-Lipscomb, Redfin Corp Phone #: (410) 202-8454

MLS: Bright #MDPG2128760

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