Seller's Agent in 2022
Craig Marcum
Long & Foster
(443) 875-8502
35 Total Sales
1300 Marlboro Rd Lothian, MD 20711
Estimated Value: $467,000 - $644,414
3
Beds
1
Bath
7,663
Sq Ft
$77/Sq Ft
Est. Value
Highlights
- Rambler Architecture
- No HOA
- Heating Available
About This Home
As of July 2022Great location! This 6 acre property (Zoned RA, Rural Agricultural) is well situated for a family compound, rental investment property, or churches looking for a site. The property includes one home with approximately 1,125 square foot, with a partially finished basement; a 720 square foot mobile home with at least one addition; and a 4,692 square foot building whose past uses have included restaurant, church, and antiques business, along with a huge area that could be used for parking. There is a small screened building to the left of the main building, All interested parties must be accompanied by a Realtor when on the property. All COVID protocols must be followed while at the property. Please respect the tenants privacy while viewing the property. All buildings are serviced by well and septic. The property is being sold As-Is. The buyer will need to check with Anne Arundel County Zoning for uses currently allowed. The owners make no representation in this regard. The location is great, being minutes from Route 4 and 301, making access to Washington, Baltimore and Annapolis very convenient. This property is an estate, represented by personal representatives of the owners. The estate is exempt from property disclosures. All contracts are contingent on approval of the Orphans Court for Anne Arundel County regarding the Estate of Earl Leon Franklin, Estate no. 87378 and also as to Paul Franklin's Estate no 97586.
Last Agent to Sell the Property
Long & Foster Real Estate, Inc. License #644793 Listed on: 05/17/2021
Last Buyer's Agent
Long & Foster Real Estate, Inc. License #644793 Listed on: 05/17/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,775
Year Built
- Built in 1965
Lot Details
- 6.04 Acre Lot
- Property is in average condition
- Property is zoned RA
Home Design
- Rambler Architecture
- Cottage
- Frame Construction
- Pitched Roof
- Shingle Roof
- Asphalt Roof
Interior Spaces
- 7,663 Sq Ft Home
- Property has 1 Level
- Basement
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 1 Full Bathroom
Parking
- Driveway
- Parking Lot
- Off-Street Parking
Utilities
- Heating Available
- Above Ground Utilities
- Well
- Electric Water Heater
- Septic Tank
- Community Sewer or Septic
Community Details
- No Home Owners Association
- Lothian Subdivision
Listing and Financial Details
- Assessor Parcel Number 020800000516900
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 17, 2021
Closed on
Jul 21, 2022
Sold by
Franklin Paul T
Bought by
Gardner John K
Seller's Agent
Craig Marcum
Long & Foster Real Estate, Inc.
Buyer's Agent
Craig Marcum
Long & Foster Real Estate, Inc.
List Price
$535,000
Sold Price
$540,000
Premium/Discount to List
$5,000
0.93%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,796
Avg. Annual Appreciation
4.28%
Original Mortgage
$300,000
Outstanding Balance
$290,027
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$324,169
Purchase Details
Closed on
Nov 11, 2013
Sold by
Franklin Earl Leon and Franklin Paul T
Bought by
Franklin Earl Leon
Purchase Details
Closed on
Oct 16, 2007
Sold by
Franklin Clarence H
Bought by
Franklin Mary B
Purchase Details
Closed on
Oct 5, 2007
Sold by
Franklin Clarence H
Bought by
Franklin Mary B
Purchase Details
Closed on
Aug 4, 2000
Sold by
Franklin Paul T
Bought by
Franklin Clarence H and Franklin Mary B
Purchase Details
Closed on
Jan 27, 2000
Sold by
Franklin C H
Bought by
Franklin Paul T and Franklin Earl L
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gardner John K | $540,000 | Capitol Title | |
| Franklin Earl Leon | -- | None Available | |
| Franklin Mary B | -- | -- | |
| Franklin Mary B | -- | -- | |
| Franklin Clarence H | -- | -- | |
| Franklin Paul T | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gardner John K | $300,000 | |
| Previous Owner | Franklin Mary B | $110,478 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/21/2022 07/21/22 | Sold | $540,000 | +0.9% | $70 / Sq Ft |
| 04/27/2022 04/27/22 | Pending | -- | -- | -- |
| 04/27/2022 04/27/22 | For Sale | $535,000 | 0.0% | $70 / Sq Ft |
| 06/03/2021 06/03/21 | Pending | -- | -- | -- |
| 05/17/2021 05/17/21 | For Sale | $535,000 | -- | $70 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $8,359 | $703,033 | $0 | $0 |
| 2023 | $7,527 | $631,800 | $223,600 | $408,200 |
| 2022 | $7,098 | $623,767 | $0 | $0 |
| 2021 | $14,028 | $615,733 | $0 | $0 |
| 2020 | $6,893 | $607,700 | $223,600 | $384,100 |
| 2019 | $13,614 | $607,700 | $223,600 | $384,100 |
| 2018 | $6,162 | $607,700 | $223,600 | $384,100 |
| 2017 | $6,473 | $664,200 | $0 | $0 |
| 2016 | -- | $578,867 | $0 | $0 |
| 2015 | -- | $493,600 | $0 | $0 |
| 2014 | -- | $408,200 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: Bright MLS
MLS Number: MDAA462988
APN: 08-000-00516900
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