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$313,630Estimated home value

Beds
4
Baths
2.0
sq ft
910

5908 Sumner Lane, Oxon Hill, MD 20745

5908 Sumner Lane

OXON HILL, MD 20745

  • Sold On 8/2/2024
    • Price drop $10,000↓
Price Reduced!!!!!!!!!!Great Location>>>Nice Rambler House with a lot of potential 4 Beds 2 Full Bath, Fully Finished Basement , Nice Driveway>>> Conveniently located to 495, 210 close to the National Harbor, Outlets and easy access into DC>>>> >>>>Show it and Sell it

Details

Property type

Single Family Residence

Est. home value

$313,630

Lot size

5,640 sq ft

Price per sq ft

$429

Year built

1952

Annual property taxes

$3,432

HOA

No

Price History

07/31/2024
Bright

Bright #MDPG2108592

Sold
$407,000
+4.36%
06/25/2024
Bright

Bright #MDPG2108592

Pending
$389,990
06/18/2024
Bright

Bright #MDPG2108592

Price change
$389,990
-2.5%

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

$181,074
Asking price
$389,990
Closing costs (~8% of asking)
-$31,199
Est. remaining loan balance
-$177,717
Cash to seller
$181,074

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

Seller’s Loan History

Lender

Amerisave Mortgage Corp

Loan start date

June 2020

Original loan amount

$195,214

Est. remaining balance

$177,717

Interest rate

3.26%

Loan type

FHA, 30 year

Seller

Mercedes Rosales Andrade

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: Off Market

Tomo last checked: 10/04/2024 at 10:00 PM

Listing updated: 09/23/2024 at 9:36 PM

Listed by: Miguel A Gotay, Realty Concepts Group LLC Phone #: (703) 998-0070

MLS: Bright #MDPG2108592

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