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$150,000

Beds
2
Baths
1.0
sq ft
867

5548 Karen Elaine Drive Unit 1429, New Carrollton, MD 20784

5548 Karen Elaine Drive Unit 1429

HYATTSVILLE, MD 20784

  • 70 days on market
    • Price drop $15,000↓
2 bedroom, 1 bath Penthouse condo unit located in a secured building. High ceilings with rustic architectural beams. Stainless Steel appliances in kitchen with coriander countertops. Basement laundry. Balcony with wooded view. Large parking lot. A storage bin provides lots of additional storage. Ideally located near New Carrollton train station/metro with close access to major routes 95, 295 & 495. Priced to sell. Condo fee includes water, gas, trash removal, common area maintenance and property management.

Details

Property type

Condominium

Est. home value

$154,287

Lot size

Unknown

Price per sq ft

$174

Year built

1964

Annual property taxes

$2,358

HOA

No

Price History

04/03/2025
Bright

Bright #MDPG2137676

Listed
$150,000
03/27/2025
Bright

Bright #MDPG2137676

Pending
$150,000
03/04/2025
Bright

Bright #MDPG2137676

Price change
$150,000
-9.09%

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

$63,604
Asking price
$150,000
Closing costs (~8% of asking)
-$12,000
Est. remaining loan balance
-$74,396
Cash to seller
$63,604

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 Heritage Mortgage Llc

Loan start date

October 2020

Original loan amount

$100,000

Est. remaining balance

$74,396

Interest rate

2.54%

Loan type

New Conventional, 15 year

Seller

Dreka Williams

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: 04/04/2025 at 1:40 PM

Listing updated: 04/03/2025 at 10:56 AM

Listed by: Wanda Rogers, Realty Transaction Services, LLC Phone #: (301) 218-6336

MLS: Bright #MDPG2137676

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