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$415,000

Beds
5
Baths
2.0
sq ft
1,632

5203 Mineola Road, College Park, MD 20740

5203 Mineola Road

COLLEGE PARK, MD 20740

  • 16 days on market
This charming brick-front home offers comfort, convenience, and ample space. Situated on a lovely flat lot, close to shops (IKEA, Mom's grocery store, major highways), with street parking right in front, accessibility is a breeze. Sells as is. Key Features: Natural Light: The home is bathed in natural light, creating an airy and inviting atmosphere. Hardwood Floors: Hardwood floors throughout the living room and 3 main-level bedrooms. Bathroom on the main level: A full bathroom with a newer toilet and vanity. Spacious Kitchen: Features newer countertops, plenty of room for a dinette table, and appliances that include a refrigerator, stove, and dishwasher. Basement: Offers its own independent entrance. The basement has been expanded to include 2 additional bedrooms and a full updated bathroom. The unfinished portion offers the opportunity for storage or the potential to create more living space including a kitchenette. Washer and dryer are also located in the basement. Flat Backyard: Perfect for outdoor activities and relaxation. Shed: Large shed in the backyard for additional storage. Don't miss this opportunity to own a home with endless potential in a desirable location. Contact me today for more information or to schedule a tour!

Details

Property type

Single Family Residence

Est. home value

$330,199

Lot size

5,000 sq ft

Price per sq ft

$255

Year built

1950

Annual property taxes

$5,912

HOA

No

Price History

12/12/2024
Bright

Bright #MDPG2134852

Listed
$415,000
+33.87%
11/28/2022
Bright

Bright #MDPG2061362

Sold
$310,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks

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

$93,593
Asking price
$415,000
Closing costs (~8% of asking)
-$33,200
Est. remaining loan balance
-$288,207
Cash to seller
$93,593

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

November 2022

Original loan amount

$294,500

Est. remaining balance

$288,207

Interest rate

6.92%

Loan type

New Conventional, 30 year

Seller

Jose A Cruz and Juana De La Cruz Robles

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: 12/26/2024 at 2:20 PM

Listing updated: 12/15/2024 at 3:14 PM

Listed by: NATALIA M WINFFEL, Samson Properties Phone #: (240) 630-8689

MLS: Bright #MDPG2134852

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