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Active Listing · Lanham, MD

8402 Margo Rd, Lanham, MD 20706

$489,900Listing Price
🎓Duval High · Prince George's County Public Schools
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4 bd2.5 ba1,980 sqftSingle FamilyBuilt 19728,415 sqft lot20 days on market

Estimated Closing Costs

Based on the list price of $489,900. Actual costs may vary. Listing data last observed September 28, 2026.

Buyer Closing Costs
$4,249
(0.9%)
Seller Closing Costs
$10,302
(2.1%)
Cost ItemBuyerSeller
Transfer Tax$3,919$8,083
Recording Fees (Deed)$130—
Owner's Title Insurance—$2,219
Lender's Title Insurance$200—
Total$4,249$10,302

Estimates include state and local transfer taxes, county recording fees, and title insurance. Does not include lender fees, prepaid items, or agent commissions. Run the full calculator to adjust the price or see itemized details.

Listed By
John Young
Remax Excellence Realty
MLS (BrightMLS) #MDPG2217886
3017325867johnyoung@remax.netAgent Website →

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Frequently Asked Questions

How much are closing costs for 8402 Margo Rd, Lanham, MD 20706?

Based on the list price of $489,900, estimated buyer closing costs for 8402 Margo Rd, Lanham, MD 20706 are $4,249 (0.9% of purchase price). Seller closing costs are estimated at $10,302. These include transfer taxes, recording fees, and title insurance.

What are the transfer taxes for a home in Lanham, MD?

Transfer taxes in Lanham, MD are assessed at the state and local level. For 8402 Margo Rd, Lanham, MD 20706 at $489,900, the combined transfer tax estimate is $12,002. Rates vary by jurisdiction — the MyClosingCost.com engine covers all layers for this address.

Who pays closing costs — buyer or seller?

At 8402 Margo Rd, Lanham, MD 20706, buyers typically pay recording fees and lender's title insurance. Sellers commonly pay owner's title insurance and may share transfer tax costs depending on local custom. The breakdown above shows the estimated split for this address.

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