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$599,900

Beds
3
Baths
3.5
sq ft
2,986

5008 Pierce Avenue, College Park, MD 20740

5008 Pierce Avenue

COLLEGE PARK, MD 20740

  • 30 days on market
Walking distance to UMD! Welcome to your dream home in College Park, MD. This stunning single-family residence has been fully renovated from top to bottom, offering modern finishes throughout. The main level features 2 spacious bedrooms and 2 fully renovated bathrooms. The large, open kitchen is a chef's delight, boasting multiple pantries, an eat-in area, and newer appliances. Separate living and dining spaces provide inviting areas perfect for entertaining or relaxing. The lower level includes a fully finished walk-out basement with an additional bedroom, a full bathroom, and a second kitchen, ideal for guests or an in-law suite, or extra rental income for those investor savvy buyers. Outside, you'll find a detached 2-car garage with ample space for vehicles and extra storage, plus plenty of extra driveway space for guests. The yard is a large, flat, oversized lot, perfect for outdoor activities and gardening. Recent upgrades include a new roof, new windows, new siding, a new HVAC system, and a new water heater, all installed in 2022. Located just a stone's throw away from Lake Artemesia and Paint Branch Stream Valley Park, this home is perfect for nature enthusiasts. Short distance to the University of Maryland (UMD), College Park Metro, and Greenbelt Metro, making commuting a breeze. Enjoy nearby dining at popular spots like Looney's Pub, Board and Brew, Potomac Pizza, Busboys & Poets, Franklins Brewery, GRILLMARX, and many more. Don't miss this incredible opportunity to own a beautifully renovated home on a prime, oversized lot in a fantastic College Park location. Schedule your tour today and experience all this home has to offer! ASSUMABLE LOAN AVAILABLE FOR THIS PROPERTY!

Details

Property type

Single Family Residence

Est. home value

$571,547

Lot size

0.3 acres

Price per sq ft

$201

Year built

1923

HOA

No

Price History

10/09/2024
Bright

Bright #MDPG2117116

Removed
$599,900
10/09/2024
Bright

Bright #MDPG2128628

Listed
$599,900
09/19/2024
Bright

Bright #MDPG2117116

Price change
$599,900
-4.02%

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

$137,382
Asking price
$599,900
Closing costs (~8% of asking)
-$47,992
Est. remaining loan balance
-$414,526
Cash to seller
$137,382

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

Seller’s Loan History

Lender

Prosperity Home Mortgage Llc

Loan start date

May 2022

Original loan amount

$431,250

Est. remaining balance

$414,526

Interest rate

4.72%

Loan type

New Conventional, 30 year

Seller

Carrie Singer

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: 11/08/2024 at 7:10 AM

Listing updated: 11/01/2024 at 2:09 PM

Listed by: Colin R McKevitt, Real Broker, LLC - Gaithersburg Phone #: (855) 450-0442

MLS: Bright #MDPG2128628

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