NOT LISTED FOR SALE

1424 Laurel Ct Cumberland, MD 21502

Estimated Value: $144,000 - $164,000

3 Beds
1 Bath
1,224 Sq Ft
$128/Sq Ft Est. Value

Last Sold February 27, 2015

Last sale price $69,000 $56 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $958/month

55 Days on Market

Highlights

  • Rambler Architecture
  • Living Room
  • Forced Air Heating System
  • No HOA
  • 1 Attached Carport Space
  • Combination Kitchen and Dining Room

About This Home

As of February 2015

Brick constructed rancher that needs to be finished. Renovations were started but never completed. Design your own kitchen. Pick the paint color for the living room walls and install your preferred flooring in living room and kitchen. There are hardwood floors in the bedrooms. Basement walls are studded for finishing. This is a Fannie Mae HomePath property.

Last Agent to Sell the Property

Dennis White

Homes & Land Real Estate License #RM420344 Listed on: 11/14/2014

Last Buyer's Agent

Betsey Curry

Appalachian Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1961

Lot Details

  • 7,200 Sq Ft Lot

Home Design

  • Rambler Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 2 Levels
  • Living Room
  • Combination Kitchen and Dining Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • 1 Attached Carport Space
  • Off-Street Parking

Utilities

  • Forced Air Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • White Oaks Subdivision

Listing and Financial Details

  • Tax Lot 40
  • Assessor Parcel Number 0104022408

Home Details

Home Type

Single Family

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main
  • Year Built: 1961
  • Remarks Public: Brick constructed rancher that needs to be finished. Renovations were started but never completed. Design your own kitchen. Pick the paint color for the living room walls and install your preferred flooring in living room and kitchen. There are hardwood floors in the bedrooms. Basement walls are studded for finishing. This is a Fannie Mae HomePath property.
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Combination Kitchen/Dining
  • Fireplace: No
  • Entry Location: Living Room
  • Levels Count: 2
  • Room List: Living Room, Bedroom 2, Bedroom 3, Kitchen, Basement, Bedroom 1
  • Basement: Yes
  • Basement Type: Outside Entrance, Full, Unfinished
  • Living Area Units: Square Feet
  • Total Sq Ft: 2448
  • Living Area Sq Ft: 1224
  • Price Per Sq Ft: 59.64
  • Above Grade Finished Sq Ft: 1224
  • Below Grade Sq Ft: 1224
  • Total Below Grade Sq Ft: 1224
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1424

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 1
  • Parking Features: Carport
  • Attached Carport Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street, Attached Carport

Utilities

  • Central Air Conditioning: No
  • 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

Lot Info

  • Improvement Assessed Value: 93900.00
  • Land Assessed Value: 6300.00
  • Lot Size Acres: 0.17
  • Lot Size Area: 7200
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7200.00
  • Year Assessed: 2014
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14906219
  • Tax Annual Amount: 1934.26
  • Assessor Parcel Number: 0104022408
  • Tax Lot: 40
  • Tax Total Finished Sq Ft: 1224
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014
  • Close Date: 02/27/2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2014
Closed on
Feb 27, 2015
Sold by
Fannie Mae
Bought by
Loar Jason
Seller's Agent
Dennis White
Homes & Land Real Estate
Buyer's Agent
Betsey Curry
Appalachian Realty
List Price
$81,000
Sold Price
$69,000
Premium/Discount to List
-$12,000
-14.81%
Current Estimated Value
$156,751

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,751
Avg. Annual Appreciation
8.17%
Original Mortgage
$101,181
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 4, 2014
Sold by
Richardson Michael and Richardson Shayann L
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 28, 2006
Sold by
Richardson Mary A and Oakes Pearl J
Bought by
Richardson Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 8, 2006
Sold by
Richardson Mary A and Oakes Pearl J
Bought by
Richardson Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 9, 1994
Sold by
Hoyer Joseph L
Bought by
Richardson Mary and Richardson Mary A
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Loar Jason $69,000 Fidelity Natl Title Ins Co
Federal National Mortgage Association $132,745 Flg Title Company Llc
Richardson Michael $120,000 --
Richardson Michael $120,000 --
Richardson Mary -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loar Jason $10,000
Open Loar Jason S $104,000
Closed Loar Jason $101,181
Previous Owner Richardson Michael $120,800
Previous Owner Richardson Michael $96,000
Previous Owner Richardson Michael $96,000
Previous Owner Richardson Mary Alice $73,319
Previous Owner Richardson Mary Alice $67,465
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2015 02/27/15 Sold $69,000 -5.5% $56 / Sq Ft
01/08/2015 01/08/15 Pending -- -- --
12/15/2014 12/15/14 Price Changed $73,000 -9.9% $60 / Sq Ft
11/14/2014 11/14/14 For Sale $81,000 -- $66 / 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 $1,196 $136,333 $0 $0
2024 $1,196 $127,667 $0 $0
2023 $1,107 $119,000 $11,500 $107,500
2022 $1,034 $111,433 $0 $0
2021 $971 $103,867 $0 $0
2020 $894 $96,300 $6,300 $90,000
2019 $900 $96,300 $6,300 $90,000
2018 $915 $96,300 $6,300 $90,000
2017 $927 $98,200 $0 $0
2016 $470 $98,200 $0 $0
2015 $968 $98,200 $0 $0
2014 $968 $100,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003259998

Bright MLS

APN: 04-022408