201 Main St Laurel, MD 20707
Estimated Value: $494,942 - $565,000
4
Beds
3
Baths
2,400
Sq Ft
$221/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- 5-minute walk to Laurel
- Electric Baseboard Heater
- No HOA
- Ceiling Fan
About This Home
As of July 2022LOCATION, LOCATION, LOCATION!!! 2 buildings zoned commercial with RESIDENTIAL usage allowed by the City, retail, office, store front. With the 2 buildings, get over $3500.00 on monthly rent. 200 feet from MARC train station. Updated in 2021. Main building has hardwood floors, 5 large rooms and another smaller room, 1 full bathroom and 2 half bathrooms, full kitchen, useable basement. Second building is also renovated with a living room, 2 bedrooms, full kitchen, washer/dryer and full bath. Second building is approximately 800sq feet. Last several years both buildings have been rented out for residential usage. Many more business opportunity's as well. Rare opportunity to live in one building lease out the other and/or run a successful business.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,787
Year Built
- Built in 1910 | Remodeled in 2021
Lot Details
- 6,386 Sq Ft Lot
- Property is zoned LAUR
Home Design
- Colonial Architecture
- Block Foundation
Interior Spaces
- 2,400 Sq Ft Home
- Property has 3 Levels
- Ceiling Fan
Bedrooms and Bathrooms
- 4 Bedrooms
Basement
- Connecting Stairway
- Exterior Basement Entry
- Sump Pump
Parking
- 14 Parking Spaces
- 14 Driveway Spaces
Utilities
- Window Unit Cooling System
- Electric Baseboard Heater
- Natural Gas Water Heater
Community Details
- No Home Owners Association
- Laurel Subdivision
Listing and Financial Details
- Tax Lot 2
- Assessor Parcel Number 17101022045
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 22, 2021
Closed on
Jul 22, 2022
Sold by
Derek Fisher
Bought by
Jha Govind and Jha Chandan
Seller's Agent
Lawrence Doyle
Long & Foster Real Estate, Inc.
Buyer's Agent
Yella Reddy
Fairfax Realty Premier
List Price
$549,000
Sold Price
$460,000
Premium/Discount to List
-$89,000
-16.21%
Total Days on Market
234
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
$69,971
Avg. Annual Appreciation
2.83%
Purchase Details
Closed on
Dec 12, 2006
Sold by
Gosman Francis
Bought by
Fisher Derek and Fisher Kari
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 7, 2006
Sold by
Gosman Francis
Bought by
Fisher Derek and Fisher Kari
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 10, 2004
Sold by
Vedadi John K
Bought by
Gosman Francis
Purchase Details
Closed on
Sep 21, 1994
Sold by
Burns James L
Bought by
Vedadi John K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
8.56%
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
Similar Homes in Laurel, MD
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Jha Govind | $460,000 | First American Title | |
| Fisher Derek | $335,000 | -- | |
| Fisher Derek | $335,000 | -- | |
| Gosman Francis | $240,000 | -- | |
| Vedadi John K | $192,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Fisher Derek | $268,000 | |
| Previous Owner | Vedadi John K | $120,000 | |
| Closed | Vedadi John K | $74,100 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/22/2022 07/22/22 | Sold | $460,000 | -4.0% | $192 / Sq Ft |
| 06/14/2022 06/14/22 | Pending | -- | -- | -- |
| 05/31/2022 05/31/22 | Price Changed | $479,000 | -4.0% | $200 / Sq Ft |
| 11/01/2021 11/01/21 | Price Changed | $499,000 | -9.1% | $208 / Sq Ft |
| 10/22/2021 10/22/21 | For Sale | $549,000 | -- | $229 / 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 | $9,301 | $472,500 | $146,900 | $325,600 |
| 2023 | $9,236 | $472,500 | $146,900 | $325,600 |
| 2022 | $10,054 | $521,400 | $146,900 | $374,500 |
| 2021 | $17,575 | $455,433 | $0 | $0 |
| 2020 | $15,159 | $389,467 | $0 | $0 |
| 2019 | $6,337 | $323,500 | $146,900 | $176,600 |
| 2018 | $6,392 | $323,500 | $146,900 | $176,600 |
| 2017 | $6,788 | $323,500 | $0 | $0 |
| 2016 | -- | $342,300 | $0 | $0 |
| 2015 | $6,253 | $337,933 | $0 | $0 |
| 2014 | $6,253 | $344,467 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Lawrence Doyle
Seller's Agent in 2022
Lawrence Doyle
Long & Foster
(301) 332-7935
3 in this area
143 Total Sales
-
Yella Reddy
Buyer's Agent in 2022
Yella Reddy
Fairfax Realty Premier
(301) 675-4210
3 in this area
29 Total Sales
Map
Source: Bright MLS
MLS Number: MDPG2014826
APN: 10-1022045
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