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$629,900

Beds
5
Baths
3.0
sq ft
1,850

8528 Mulberry Street, Laurel, MD 20707

8528 Mulberry Street

LAUREL, MD 20707

  • 23 days on market
    • Price drop $20,000↓
Welcome to this bright and spacious rancher home sitting on a 0.34-acre lot, which has undergone an extensive transformation. Now it has 5 bedrooms, 3 full bathrooms, 2 living rooms, a huge backyard, and a detached garage! Upon entering the main living area, you are greeted by a modern fireplace, professionally treated hardwood floors enhanced by large windows and abundant recessed lighting throughout the entire Home creating an inviting atmosphere perfect for your enjoyment. The kitchen has been completely remodeled, featuring quartz countertop, new modern cabinets and top of the line appliances. There is seamless access to the backyard, providing a perfect fusion of indoor-outdoor living. As you continue entering the house, you will find three generous bedrooms served by two full bathrooms, including a primary ensuite. Let’s keep walking and the house opens a new space with two large bedrooms a third full bathroom and a second living room that is filled with natural light through large windows creating a welcoming atmosphere with access to the patio, extending your living space to the outdoors. A new washer and Dryer in the walk-up lower level offers plenty of space for storage with endless potential to finish to your specifications. On the exterior, a covered portion of the back patio allows for year-round outdoor grilling. The fully fenced-in backyard offers an enormous amount of space for life’s finer moments and includes the benefits of a detached one-car garage plus a storage shed. The location couldn’t be better, there are plenty of restaurants, shopping, parks, outdoor activities, great schools and much more! Don’t miss the opportunity to call this impressive property your new home!

Details

Property type

Single Family Residence

Est. home value

$406,964

Lot size

0.34 acres

Price per sq ft

$341

Year built

1960

Annual property taxes

$3,068

HOA

No

Price History

06/21/2024

Bright #MDPG2115174

Price change
$629,900
-3.08%
06/14/2024

Bright #MDPG2115174

Listed
$649,900
+56.6%
05/30/2023

Bright #MDPG2076428

Sold
$415,000
+33.91%

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

$190,248
Asking price
$629,900
Closing costs (~8% of asking)
-$50,392
Est. remaining loan balance
-$389,260
Cash to seller
$190,248

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

Seller’s Loan History

Lender

Capital Residential Mortgage Llc

Loan start date

May 2023

Original loan amount

$394,250

Est. remaining balance

$389,260

Interest rate

6.28%

Loan type

New Conventional, 30 year

Seller

Nancy L Mctaggart and Maria Castro

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: 06/21/2024 at 9:47 AM

Listed by: fernando Arana Pradel, Pearson Smith Realty, LLC Phone #: (571) 386-1075

MLS: Bright #MDPG2115174

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