NOT LISTED FOR SALE

201 Main St Laurel, MD 20707

Estimated Value: $502,315 - $532,000

4 Beds
3 Baths
2,400 Sq Ft
$215/Sq Ft Est. Value

Last Sold July 22, 2022

Last sale price $460,000 $192 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,506/month

Highlights

  • Colonial Architecture
  • 4-minute walk to Laurel
  • Electric Baseboard Heater
  • No HOA
  • Ceiling Fan

About This Home

As of July 2022

LOCATION, 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.

Last Agent to Sell the Property

Lawrence Doyle

(301) 332-7935 larry.doyle@LNF.com Long & Foster Real Estate, Inc. License #652821 Listed on: 10/22/2021

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Yella Reddy

(301) 675-4210 yreddy111@gmail.com Fairfax Realty Premier License #0225089563

Fairfax Realty Premier

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,787

Year Built

Built in 1910 | Remodeled in 2021

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2021-10-22
  • Year Built: 1910
  • Year Renovated: 2021
  • Automatically Close On Close Date: No
  • Remarks Public: LOCATION, 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.
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Block
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Connecting Stairway, Outside Entrance, Sump Pump
  • Total Sq Ft: 2400
  • Living Area Sq Ft: 2400
  • Price Per Sq Ft: 199.58
  • Above Grade Finished Sq Ft: 2400
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 201

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1
  • Upper Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 14
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 14

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Window Unit(s)
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • 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: 374500.00
  • Land Assessed Value: 146900.00
  • Land Use Code: 003
  • Lot Size Acres: 0.15
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6386.00
  • Year Assessed: 2022
  • Zoning: LAUR
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14655346
  • Tax Annual Amount: 8787.00
  • Assessor Parcel Number: 17101022045
  • Tax Lot: 2
  • Tax Total Finished Sq Ft: 2400
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022
  • Close Date: 07/22/2022

MLS Schools

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

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%
Current Estimated Value
$517,158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,158
Avg. Annual Appreciation
3.17%

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%
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
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

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 $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

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Map

Source: Bright MLS

MLS Number: MDPG2014826

Bright MLS

APN: 10-1022045