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$615,000

Beds
4
Baths
3.5
sq ft
1,689

7701 Beall Road, Laurel, MD 20707

7701 Beall Road

LAUREL, MD 20707

  • 47 days on market
    • Price drop $20,000↓
PRICE REDUCTION!!!!! MOTIVATED SELLER!!!!! Beautiful well maintained single family home in a great location. Brand new fence for total privacy. Fully finished basement, with kitchen and private entrance. Totally self contained, great rental income. Schedule a showing today, you don't want to miss this opportunity. SOLD AS IS WILL NOT LAST LONG !!!!!

Details

Property type

Single Family Residence

Est. home value

$537,456

Lot size

9,650 sq ft

Price per sq ft

$365

Year built

2001

Annual property taxes

$7,208

HOA

No

Price History

06/20/2024

Bright #MDPG2113370

Price change
$615,000
-3.15%
05/20/2024

Bright #MDPG2113370

Listed
$635,000
+20.95%
08/01/2022

Bright #MDPG2040846

Sold
$525,000
+52.17%

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

$64,635
Asking price
$615,000
Closing costs (~8% of asking)
-$49,200
Est. remaining loan balance
-$501,165
Cash to seller
$64,635

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

Seller’s Loan History

Lender

Universal Mortgage & Finance Inc

Loan start date

July 2022

Original loan amount

$515,490

Est. remaining balance

$501,165

Interest rate

5.23%

Loan type

FHA, 30 year

Seller

Mary Oma Okpah

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: 07/03/2024 at 10:15 AM

Listing updated: 06/20/2024 at 12:54 PM

Listed by: Annette Ekeruche, Long & Foster Real Estate, Inc. Phone #: (301) 249-1600

MLS: Bright #MDPG2113370

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