$390,000
SOLD DEC 30, 2024

1002 8th St Laurel, MD 20707

4 Beds
4 Baths
1,258 Sq Ft
6,690 Sq Ft Lot

Recently Sold

$310 Per Sq Ft

3% Above List Price

77 Days on Market

Highlights

  • Rambler Architecture
  • No HOA
  • Efficiency Studio
  • High Ceiling
  • Upgraded Countertops
  • 4-minute walk to Centennial Community Park

About This Home

As of December 2024

Welcome to 1002 8th Street, Laurel, MD! This exceptional four-unit rental property offers a unique investment opportunity with a maximum occupancy of four tenants. This home boasts a total of 1,258 square feet of living space, providing ample room for comfortable living. Each of the four units includes its own bedroom and bathroom, ensuring privacy and convenience for all occupants. The property features a formal dining room, perfect for hosting meals and gatherings, and a breakfast bar for quick and casual dining.

Additional amenities include washer facilities and air conditioning, ensuring comfort and ease for all residents.

This versatile property is perfect for those looking to invest in a rental with great potential. Don't miss the chance to own this unique and well-appointed home.

Last Agent to Sell the Property

Michael Bennett

Compass License #17562 Listed on: 09/10/2024

Compass

Last Buyer's Agent

Non Member Member

Metropolitan Regional Information Systems, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,531

Year Built

  • Built in 1951

Lot Details

  • 6,690 Sq Ft Lot
  • West Facing Home
  • Property is zoned LAUR

Home Design

  • Rambler Architecture
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,258 Sq Ft Home
  • Property has 1 Level
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Combination Dining and Living Room
  • Efficiency Studio
  • Ceramic Tile Flooring

Kitchen

  • Gas Oven or Range
  • Cooktop
  • Built-In Microwave
  • ENERGY STAR Qualified Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry on main level
  • ENERGY STAR Qualified Washer

Parking

  • Public Parking
  • Free Parking
  • On-Street Parking

Outdoor Features

  • Shed
  • Porch

Schools

  • Scotchtown Hills Elementary School
  • Dwight D. Eisenhower Middle School
  • Laurel High School

Utilities

  • Central Air
  • Heating Available
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Fairlawn Laurel Subdivision

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 17101113042

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,531

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-09-10
  • Federal Flood Zone: No
  • Year Built: 1951
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to 1002 8th Street, Laurel, MD! This exceptional four-unit rental property offers a unique investment opportunity with a maximum occupancy of four tenants. This home boasts a total of 1,258 square feet of living space, providing ample room for comfortable living. Each of the four units includes its own bedroom and bathroom, ensuring privacy and convenience for all occupants. The property features a formal dining room, perfect for hosting meals and gatherings, and a breakfast bar for quick and casual dining. Additional amenities include washer facilities and air conditioning, ensuring comfort and ease for all residents. This versatile property is perfect for those looking to invest in a rental with great potential. Don't miss the chance to own this unique and well-appointed home.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Cooktop, Dishwasher, Disposal, Energy Star Clothes Washer, Energy Star Dishwasher, Energy Efficient Appliances, Oven/Range - Gas, Stainless Steel Appliances
  • Entry Floor: 1
  • Flooring Type: Ceramic Tile
  • Interior Amenities: Ceiling Fan(s), Combination Dining/Living, Efficiency, Recessed Lighting, Upgraded Countertops
  • Fireplace: No
  • Wall Ceiling Types: High
  • Foundation Details: Other
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Room Count: 7
  • Basement: No
  • Laundry Type: Main Floor, Washer In Unit, Dryer In Unit
  • Total Sq Ft: 1258
  • Living Area Sq Ft: 1258
  • Price Per Sq Ft: 302.07
  • Above Grade Finished Sq Ft: 1258
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1002

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Main Level Bathrooms: 4.00
  • Main Level Full Bathrooms: 4

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Frame
  • Roof: Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Free, Public
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Water Available, Sewer Available, Natural Gas Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
  • Elementary School: SCOTCHTOWN HILLS
  • Middle School: DWIGHT D. EISENHOWER
  • High School: LAUREL
  • Elementary School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121137599599
  • School District Source: Listing Agent
  • Elementary School: SCOTCHTOWN HILLS
  • High School: LAUREL
  • Middle Or Junior School: DWIGHT D. EISENHOWER

Lot Info

  • Land Use Code: R
  • Lot Size Acres: 0.15
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6690.00
  • Outdoor Living Structures: Porch(es)
  • Year Assessed: 2024
  • Zoning: LAUR
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 7531.00
  • Assessor Parcel Number: 17101113042
  • Tax Lot: 12
  • Tax Total Finished Sq Ft: 1258
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2024
  • Close Date: 12/30/2024

MLS Schools

  • School District Name: PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2024
Closed on
Dec 23, 2024
Sold by
Nguyen Binh T and Nguyen My
Bought by
Moore Dontavius
Seller's Agent
Michael Bennett
Compass
Buyer's Agent
Non Member Member
Metropolitan Regional Information Systems, Inc.
List Price
$380,000
Sold Price
$390,000
Premium/Discount to List
$10,000
2.63%
Total Days on Market
77
Views
838
Current Estimated Value
$396,845

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,845
Avg. Annual Appreciation
1.00%
Original Mortgage
$398,385
Outstanding Balance
$397,344
Interest Rate
6.72%
Mortgage Type
VA
Estimated Equity
-$5,045

Purchase Details

Listed on
Dec 5, 2018
Closed on
Jan 21, 2019
Sold by
Fannie Mae
Bought by
Nguyen Binh T and Nguyen My
Seller's Agent
Faith Rosselle
Rosselle Realty Services
Buyer's Agent
Khardiata Ifill
Samson Properties
List Price
$101,000
Sold Price
$128,000
Premium/Discount to List
$27,000
26.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.67%

Purchase Details

Closed on
May 11, 2018
Sold by
Simms Edward B and Simms Olivia J
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 10, 2005
Sold by
Simms Edward B
Bought by
Simms Edward B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
5.95%
Mortgage Type
New Conventional
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $390,000 Kvs Title
Deed $390,000 Kvs Title
Deed $128,000 Crown Title Corp
Trustee Deed $212,000 None Available
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $398,385 VA
Closed $398,385 VA
Previous Owner $435,000 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $168,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2024 12/30/24 Sold $390,000 +2.6% $310 / Sq Ft
11/27/2024 11/27/24 For Sale $380,000 0.0% $302 / Sq Ft
11/19/2024 11/19/24 Off Market $380,000 -- --
09/10/2024 09/10/24 For Sale $380,000 +196.9% $302 / Sq Ft
01/28/2019 01/28/19 Sold $128,000 +26.7% $102 / Sq Ft
12/27/2018 12/27/18 Pending -- -- --
12/20/2018 12/20/18 For Sale $101,000 0.0% $80 / Sq Ft
12/18/2018 12/18/18 Pending -- -- --
12/05/2018 12/05/18 For Sale $101,000 -- $80 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,608 $410,433 $0 $0
2023 $7,131 $386,767 $0 $0
2022 $8,861 $363,100 $75,500 $287,600
2021 $3,661 $243,600 $0 $0
2020 $4,055 $221,800 $0 $0
2019 $4,404 $224,800 $75,200 $149,600
2018 $3,959 $215,833 $0 $0
2017 $3,666 $206,867 $0 $0
2016 -- $197,900 $0 $0
2015 $3,038 $197,900 $0 $0
2014 $3,038 $197,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDPG2124122

Bright MLS

APN: 10-1113042