2 months on rocket

505 Fairlawn Ave, Laurel, MD, 20707

$710,000

Home List Price

$8,431*

Closing Credit

5 Bedrooms
5 Full Baths
4,100 SqFt
$173/SqFt
House
Schools Nearby

Location

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505 Fairlawn Ave, Laurel$710,000

Buyer Closing Credits

$8,431*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage - Front Entry, Driveway, Attached Garage
Garage2 spaces
Year Built1999
HeatingOther
CoolingCentral Air
BasementYes
FireplaceGas/Propane
MLS #MDPG2104632
Lot Size0.17 Acres
StatusActive
(ACTIVE)

About 505 Fairlawn Ave

Absolute must see all brick colonial on quiet street yet close to everything, offering five bedrooms, four of which have en-suite bathrooms. Come experience the luxurious comfort on 3 finished levels with contemporary updates, expanded footprint and open floor plan that flows seamlessly through spacious rooms. An abundance of expansive windows ensures that every inside space is bathed in natural light, while the generous side and back patio invite anyone seeking outdoor enjoyment. Entering in this light-filled home through the covered front porch, you will find classic elements like hardwood floors on the main level, high ceilings, a large living room with gas-burning fireplace, main floor laundry and open kitchen dining area. Grilling and entertaining is made easy from the kitchen by both an adjacent separate dining room and patio that facilitates perfect flow between indoors and out. The main level is completed by a full bathroom and an additional room offering great versatility: use them as a main-level bedroom, home office, or playroom. The upper level is home to the primary bedroom with a large walk-in closet, private deck and en-suite bathroom and bonus room. In addition upstairs you will find two more bedrooms, both with their own bathrooms. This beautiful home has so much to offer to include a fully finished basement with 8 ft. ceilings, potential 5th bedroom, full bathroom and plenty of rec space. Oversized fully fenced level yard with maintenance free vinyl fencing, 2000 sq. ft. stamped concrete patio. Dual HVAC system for ample cooling and heating, recessed lights, huge 2 car garage, 2 decks and thoughtful finishes throughout.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1999
  • Stories: 3
  • Living Area: 4,100 SqFt

Listing Office:

  • Office Name: Redfin Corp
  • Office Phone: (301) 658-6186
  • Listing Agent: Antonia Ketabchi

Interior Features

Interior Information:

  • Appliances: Stainless Steel Appliances, Refrigerator, Dishwasher, Stove, Ice Maker, Disposal, Washer/Dryer Stacked
  • Basement: Yes
  • Interior: Recessed Lighting, Ceiling Fan(s), Wood Floors, Upgraded Countertops, Dining Area, Walk-in Closet(s), Primary Bath(s), Sprinkler System, Floor Plan - Open
  • Fireplace: Gas/Propane

Bedroom and Bathroom Information:

  • Full Bathrooms: 5
  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Garage - Front Entry, Driveway, Attached Garage

Virtual/3D Tour

  • 3D Tour: 505 Fairlawn Ave

3D Tour

Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Laurel High School, Public Magnet Grades 9-12
  • Dwight D. Eisenhower Middle School, Public District Grades 6-8
  • Laurel Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Use GPS

Municipality:

  • Laurel

Price Information

Listing Price Info

Price Summary:

  • List Price: $710,000
  • Price Per SqFt: $173/SqFt

Tax Information:

  • Annual Amount: $10,212
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Laurel, MD.

Med. Sold Price

$457K

Med. Price/SqFt

$239

Avg. Days On Market

17

# of Sold Homes

57

505 Fairlawn Ave vs Laurel

60 DAYS ON ROCKET

+43 Days

$710,000

+$252.9K More

$173/SqFt

-$66 Less

KEY TAKEAWAY

This property is $252.9K more than the Median Sold Price and $66/SqFt less than other homes in Laurel, MD.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #MDPG2104632

Listing Office:

  • Office Name: Redfin Corp
  • Office Phone: (301) 658-6186
  • Listing Agent: Antonia Ketabchi

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 1:56:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 13, 2013Home Sold
$255,000

Tax History

YEARPROP. TAXASSESSMENT
2021$10,212$444,100
2020$6,243$444,100
2019$5,920$521,300
2018$5,516$435,867
2017$5,170$350,433

History based on county public records data.

Payment Calculator

$3,611

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,195

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2350150
5
/10
  • Laurel Elementary School

  • 516 Montgomery St

  • 0.26 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2350151
4
/10
  • Dwight D. Eisenhower Middle School

  • 13725 Briarwood Dr

  • 1.52 miles

  • Public District Grades 6-8

High School

school-card-donut-2350152
3
/10
  • Laurel High School

  • 8000 Cherry Ln

  • 1.06 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $80,882. Most Laurel, MD residents have annual incomes between $35k-100k. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 505 Fairlawn Ave

What is the listing price of this property?

The listing price of 505 Fairlawn Ave property is $710,000.

What type of property is this?

The property 505 Fairlawn Ave is a house located in Laurel, Maryland, 20707.

Is this property for sale now?

Active Listing: 505 Fairlawn Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 505 Fairlawn Ave are:
Laurel Elementary School: GreatSchools Rating 5/10
Dwight D. Eisenhower Middle School: GreatSchools Rating 4/10
Laurel High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $10,212 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on December 13, 2013 for $255,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 505 Fairlawn Ave has 5 bedrooms and 5 bathrooms.

What is the square footage of this property?

The property 505 Fairlawn Ave is 4,100 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 505 Fairlawn Ave is 1999.

Rocket Homes›Maryland›Prince George's County›Laurel›20707›505 Fairlawn Ave

This home is located at 505 Fairlawn Ave in Laurel, MD and zip code 20707. This 4,100 square foot home, which was built in 1999, sits on a 0.17 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since February 28, 2024 and is currently priced at $710,000.

Laurel, MD housing market in March 2024 saw over 32 listings sold above listed price, more than 18 sold at listed price and over 7 sold below. The number of homes for sale in Laurel, MD increased by 9.2% between February 2024 and March 2024. While the average time on the market in March 2024 was 17 days, the median list price was $457,041.

From Rocket Homes Real Estate and based on county public records data.

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