Taxes
- Assessed Value: $371,200
- Assessed Year: 2025
- Assessed County: Prince George's
- APN: 10-1089671
- Assessed Land Value: 72400
- Market Land Value: 72400
- Tax Amount: 7040
- Tax Year: 2024
- Market Value: 371200
- Market Year: 2025
502 Gorman Ave; Laurel, MD Property Details
Off market
502 Gorman Ave Laurel, MD 20707
$371,200 Estimated Value
2 Baths
3,600 SqFt
Property Type
Quadruplex 4 UnitsProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 2001
- Purchase Price: $265,700
- Open Loans: 1
- APN: 10-1089671
- Situs County: Prince George's
- Length Of Ownership: 21 years, 5 months
Rooms
- Bathrooms: 2
- Full Bathrooms: 2
Structure
- Stories: 2
- Building Condition: Average
- Building Quality: D
- Sewer Type: Municipal
Measurements
- Total: 3,600/SqFt
- Lot: 7,240/SqFt
- Gross: 3,600/SqFt
- Living: 3,600/SqFt
- Building: 3,600/SqFt
- Ground: 3,600/SqFt
- Price Per Square Foot: $73.81
Legal Description
- Description: W SIDE 5TH ST NE PT LT 1 EQ 7240F(CORR USE 04)
Building Insights
Land Information
- Property Type: Quadruplex 4 Units
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Prince George's County Public Schools
- Lat / Lon: 39.100986 / -76.85527
- Subdivision: Laurel
- Property Class: Residential
- Zoning: LAUR
- County Use Code: B113
Amenities
- Plus Four: 3919
- Cooling: Packaged Unit
- Heating: Yes
Ownership Info
502 Gorman Ave has no associated ownership info
502 Gorman Ave has no associated ownership info.
Taxes
502 Gorman Ave has 10 associated Taxes items
502 Gorman Ave, Laurel, MD pays taxes in Prince George's County, MD. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $371,200. The APN we've located for 502 Gorman Ave is 10-1089671.
Unlock the full reportTax History
502 Gorman Ave has 13 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $371,200 | Land Value $72,400 | Improvement Value $298,800 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $371,200 | Land Value $72,400 | Improvement Value $298,800 | Tax Amount $7,040 | Change Rate +0.150122% | Assessed CR | Tax Rate +0.018966% |
| Year 2023 | Assessed Value $371,200 | Land Value $72,400 | Improvement Value $298,800 | Tax Amount $6,121.09 | Change Rate -0.08255% | Assessed CR | Tax Rate +0.01649% |
| Year 2022 | Assessed Value $404,600 | Land Value $72,400 | Improvement Value $332,200 | Tax Amount $6,671.85 | Change Rate | Assessed CR | Tax Rate +0.01649% |
| Year 2021 | Assessed Value $403,100 | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2020 | Assessed Value $401,600 | Land Value | Improvement Value | Tax Amount $7,440.79 | Change Rate +0.002067% | Assessed CR | Tax Rate +0.018528% |
| Year 2019 | Assessed Value $400,100 | Land Value $72,400 | Improvement Value $327,700 | Tax Amount $7,425.44 | Change Rate +0.00213% | Assessed CR | Tax Rate +0.018559% |
| Year 2018 | Assessed Value $398,800 | Land Value | Improvement Value | Tax Amount $7,409.66 | Change Rate +0.254418% | Assessed CR | Tax Rate +0.01858% |
| Year 2017 | Assessed Value $397,500 | Land Value | Improvement Value | Tax Amount $5,906.85 | Change Rate | Assessed CR | Tax Rate +0.01486% |
| Year 2016 | Assessed Value $396,200 | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $395,567 | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value $394,933 | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2011 | Assessed Value | Land Value | Improvement Value | Tax Amount $6,788.76 | Change Rate | Assessed CR | Tax Rate |