$292,000
SOLD APR 18, 2023

1016 8th St Laurel, MD 20707

3 Beds
1.5 Baths
1,376 Sq Ft
6,490 Sq Ft Lot

Recently Sold

$212 Per Sq Ft

3% Below List Price

32 Days on Market

Highlights

  • Rambler Architecture
  • Forced Air Heating and Cooling System
  • 4-minute walk to Discovery Community Park
  • No HOA
  • Level Lot

About This Home

As of April 2024

Exciting investor opportunity in Laurel awaiting imagination and a plan. Classic rambler has generous lot and potential in an area up and coming. This is a bank owned property- and the seller will not make repairs or allow then before settlement so please plan accordingly.
Seller may wait 7-10 days before responding to offers. Chase Employees: Please see the Chase Acknowledgement in document section for restrictions..

Last Agent to Sell the Property

Victoria Brown

Fairfax Realty Premier Listed on: 03/02/2023

Fairfax Realty Premier

Co-Listed By

Ralph Nichols

Fairfax Realty Premier License #508278

Last Buyer's Agent

Eliseo Morales

Deausen Realty License #671252

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,012

Year Built

  • Built in 1951

Lot Details

  • 6,490 Sq Ft Lot
  • Level Lot
  • Property is zoned LAUR

Parking

  • On-Street Parking

Home Design

  • Rambler Architecture
  • Fixer Upper
  • Slab Foundation
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 1,376 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Fairlawn Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 17101049667

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,012

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1951
  • Automatically Close On Close Date: No
  • Building Winterized: Yes
  • Remarks Public: Exciting investor opportunity in Laurel awaiting imagination and a plan. Classic rambler has generous lot and potential in an area up and coming. This is a bank owned property- and the seller will not make repairs or allow then before settlement so please plan accordingly. Seller may wait 7-10 days before responding to offers. Chase Employees: Please see the Chase Acknowledgement in document section for restrictions..
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Foundation Details: Slab
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1376
  • Living Area Sq Ft: 1376
  • Price Per Sq Ft: 219.19
  • Above Grade Finished Sq Ft: 1376
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1016

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

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

Condo/Co-op/Association

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

Schools

  • School District: PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
  • School District Key: 121137599599
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 226300.00
  • Land Assessed Value: 100400.00
  • Land Use Code: R
  • Lot Features: Level
  • Lot Size Acres: 0.15
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6490.00
  • Property Condition: Major Rehab Needed
  • Year Assessed: 2023
  • Zoning: LAUR
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14547602
  • Tax Annual Amount: 5012.00
  • Assessor Parcel Number: 17101049667
  • Tax Lot: 5
  • Tax Total Finished Sq Ft: 1376
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 04/18/2023

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2023
Closed on
Apr 16, 2024
Sold by
Omar Flooring Contractors Inc
Bought by
Hernandez Rubi Alejandra Es and Hernandez Kimberly Josmer
Seller's Agent
Eliseo Morales
Deausen Realty
Buyer's Agent
Fredy Donado
The Agency DC
List Price
$420,000
Sold Price
$430,000
Premium/Discount to List
$10,000
2.38%
Total Days on Market
32
Views
2088
Current Estimated Value
$431,110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,110
Avg. Annual Appreciation
0.22%
Original Mortgage
$422,211
Outstanding Balance
$417,313
Interest Rate
6.74%
Mortgage Type
FHA
Estimated Equity
$13,797

Purchase Details

Listed on
Mar 2, 2023
Closed on
Apr 11, 2023
Sold by
Structured Asset Mortgage Investments Ii
Bought by
Omar Flooring Contractors Inc
Seller's Agent
Victoria Brown
Fairfax Realty Premier
Buyer's Agent
Eliseo Morales
Deausen Realty
List Price
$301,600
Sold Price
$292,000
Premium/Discount to List
-$9,600
-3.18%
Views
408

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
47.26%

Purchase Details

Closed on
Oct 11, 2022
Sold by
Drexel Christine M
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jan 20, 2006
Sold by
Roach Robert R
Bought by
Roach Robert R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,500
Interest Rate
6.75%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Oct 14, 2005
Sold by
Roach Robert R
Bought by
Roach Robert R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,500
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 9, 1999
Sold by
Furr Roy D
Bought by
Roach Robert R
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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 $430,000 First American Title Insurance
Special Warranty Deed $292,000 Servicelink
Deed $272,700 --
Deed -- --
Deed -- --
Deed $110,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $422,211 FHA
Previous Owner $310,500 Stand Alone Second
Previous Owner $256,500 Stand Alone Refi Refinance Of Original Loan
Previous Owner $256,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2024 04/17/24 Sold $430,000 +2.4% $292 / Sq Ft
03/09/2024 03/09/24 Price Changed $420,000 0.0% $286 / Sq Ft
03/09/2024 03/09/24 For Sale $420,000 -3.4% $286 / Sq Ft
02/22/2024 02/22/24 Off Market $435,000 -- --
02/01/2024 02/01/24 Price Changed $435,000 -0.7% $296 / Sq Ft
01/22/2024 01/22/24 Price Changed $438,000 -4.8% $298 / Sq Ft
10/20/2023 10/20/23 Price Changed $460,000 -1.1% $313 / Sq Ft
10/16/2023 10/16/23 Price Changed $465,000 -2.1% $316 / Sq Ft
10/04/2023 10/04/23 Price Changed $475,000 -3.1% $323 / Sq Ft
08/23/2023 08/23/23 Price Changed $490,000 +2.1% $333 / Sq Ft
08/18/2023 08/18/23 For Sale $480,000 +64.4% $326 / Sq Ft
04/18/2023 04/18/23 Sold $292,000 -3.2% $212 / Sq Ft
04/03/2023 04/03/23 Pending -- -- --
03/02/2023 03/02/23 For Sale $301,600 -- $219 / 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 $5,745 $308,867 $0 $0
2023 $5,384 $291,033 $0 $0
2022 $4,505 $273,200 $75,400 $197,800
2021 $3,895 $259,100 $0 $0
2020 $3,743 $245,000 $0 $0
2019 $3,584 $230,900 $75,200 $155,700
2018 $3,459 $221,533 $0 $0
2017 $3,351 $212,167 $0 $0
2016 -- $202,800 $0 $0
2015 $3,011 $202,800 $0 $0
2014 $3,011 $202,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDPG2071576

Bright MLS

APN: 10-1049667