tomo logo

$505,000

Beds
5
Baths
2.0
sq ft
1,926

5007 Odessa Road, College Park, MD 20740

5007 Odessa Road

COLLEGE PARK, MD 20740

  • 8 days on market
Welcome all to this wonderful home ready for you to explore. Step inside to this split level home with wooden floors throughout. Upstairs you will find plenty of open space for the family to enjoy along with 3 bedrooms. Downstairs you will see an extra 2 bedrooms along with a new water heater (2023) and a fairly new HVAC (2021). If you step back outside you can see that the roof is young as well (2021) along with the driveway (2022). The backyard is a great place to relax as we enter the wonderful Autumn weather and what better place to enjoy than on the large deck. If you want to go out and about there are plenty of trails nearby. Jump into a car and you will see how close you are to the gorgeous University of MD campus, D.C., and many other locations. Stop by while you can and reach out for any further questions. Enjoy!

Details

Property type

Single Family Residence

Est. home value

$470,398

Lot size

7,577 sq ft

Price per sq ft

$263

Year built

1972

Annual property taxes

$4,823

HOA

No

Price History

09/12/2024
Bright

Bright #MDPG2125634

Listed
$505,000
+10.99%
07/22/2022
Bright

Bright #MDPG2045986

Sold
$455,000

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

$31,734
Asking price
$505,000
Closing costs (~8% of asking)
-$40,400
Est. remaining loan balance
-$432,866
Cash to seller
$31,734

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

July 2022

Original loan amount

$446,758

Est. remaining balance

$432,866

Interest rate

5.09%

Loan type

FHA, 30 year

Seller

Elder H Ortiz Osorio and Jocelyn Y Rubio

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: 09/18/2024 at 8:55 PM

Listing updated: 09/14/2024 at 2:26 PM

Listed by: Michael Steven Mejia, Compass Phone #: (703) 229-8935

MLS: Bright #MDPG2125634

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