$340,000
SOLD APR 9, 2025

1027 Philip Powers Dr Laurel, MD 20707

2 Beds
2 Baths
800 Sq Ft
1,650 Sq Ft Lot

Recently Sold

$425 Per Sq Ft

14 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of April 2025

Welcome to 1027 Phillip Powers Dr, Laurel, Maryland! This beautifully updated 2-bedroom, 2-bathroom townhouse offers a perfect blend of modern updates and classic charm. With two levels of living space, including a fully finished basement, this home provides plenty of room to fit your needs. Step inside to find hardwood floors that add warmth to the open and inviting main level. The spacious living and dining areas flow seamlessly, making it easy to relax or entertain, while the updated kitchen features new appliances, sleek countertops, and storage for effortless meal prep. Upstairs, you’ll find two comfortable bedrooms, along with an updated full bathroom. The finished basement offers additional versatility—whether you need a family room, home office, workout space, or guest area, this level has you covered. Located in a quiet and convenient neighborhood, this home is just minutes from parks, shopping, dining, and top-rated schools. Commuters will love the easy access to bus lines, Greenbelt Metro, I-95, and the Baltimore-Washington Parkway. Plus, no HOA fees mean more flexibility to make this home truly your own! Don’t miss this opportunity—schedule your private tour today!

Last Agent to Sell the Property

Carl Reid

(240) 388-4931 carlreidrealestate@gmail.com HomeSmart Listed on: 02/21/2025

HomeSmart

Last Buyer's Agent

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office License #0225194075

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,252

Year Built

  • Built in 1952

Lot Details

  • 1,650 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • Property has 2 Levels
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

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

Community Details

  • No Home Owners Association
  • Laurel Gardens Subdivision

Listing and Financial Details

  • Tax Lot 23
  • Assessor Parcel Number 17101069228

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,252

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Upper 1
  • Year Built: 1952
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace: No
  • Foundation Details: Slab
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1200
  • Living Area Sq Ft: 800
  • Price Per Sq Ft: 425.00
  • Above Grade Finished Sq Ft: 800
  • Below Grade Sq Ft: 400
  • Total Below Grade Sq Ft: 400
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Upper Level Bathrooms: 1
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • 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

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1650.00
  • Zoning: LAUR
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4252.00
  • Assessor Parcel Number: 17101069228
  • Tax Lot: 23
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2025
Closed on
Apr 9, 2025
Sold by
Ramos Javier
Bought by
Peguero Dede La Rosa Edilania
Seller's Agent
Carl Reid
HomeSmart
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$340,000
Sold Price
$340,000
Views
47
Current Estimated Value
$329,531

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,469
Avg. Annual Appreciation
-4.63%
Original Mortgage
$333,841
Outstanding Balance
$331,867
Interest Rate
6.12%
Mortgage Type
FHA
Estimated Equity
-$2,336

Purchase Details

Closed on
Aug 16, 2021
Sold by
Christian Mary H
Bought by
Harris Gregg and Christian Herbert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,045
Interest Rate
6.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 21, 1979
Sold by
Laurel Gardens Ltd
Bought by
Rice Mildred D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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 $340,000 Old Republic National Title In
Deed $340,000 Old Republic National Title In
Deed Of Distribution -- None Listed On Document
Deed Of Distribution -- Crown Title
Deed Of Distribution -- Crown Title
Deed $42,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $333,841 FHA
Closed $333,841 New Conventional
Previous Owner $58,045 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/09/2025 04/09/25 Sold $340,000 0.0% $425 / Sq Ft
02/21/2025 02/21/25 For Sale $340,000 +26.6% $425 / Sq Ft
06/23/2023 06/23/23 Sold $268,500 +5.3% $336 / Sq Ft View Prior Sale
06/12/2023 06/12/23 Pending -- -- --
06/07/2023 06/07/23 For Sale $255,000 -- $319 / 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
2025 $3,582 $246,200 $90,000 $156,200
2024 $3,582 $231,700 $0 $0
2023 $3,582 $217,200 $0 $0
2022 $3,722 $202,700 $75,000 $127,700
2021 $3,517 $192,633 $0 $0
2020 $3,334 $182,567 $0 $0
2019 $3,159 $172,500 $75,000 $97,500
2018 $2,366 $165,867 $0 $0
2017 $2,932 $159,233 $0 $0
2016 -- $152,600 $0 $0
2015 -- $149,167 $0 $0
2014 $2,125 $145,733 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDPG2142120

Bright MLS

APN: 10-1069228