NOT LISTED FOR SALE

242 Red Clay Rd Laurel, MD 20724

Maryland City Neighborhood

Estimated Value: $275,000 - $346,041

2 Beds
1 Bath
1,101 Sq Ft
$280/Sq Ft Est. Value

Last Sold January 21, 2014

Last sale price $95,000 $86 Per Sq Ft

Est. 225% increase in value since last sale

Current estimated payment $1,864/month

20 Days on Market

Highlights

  • 0.17 Acre Lot
  • Rambler Architecture
  • No HOA
  • Open Floorplan
  • Combination Kitchen and Living
  • Baseboard Heating

About This Home

As of January 2014

"RUSTIC RANCHER" THIS HOME NEEDS SOME SPRUCING UP, BUT IT IS A CUTE LITTLE HOME WITH A SUPER CONVENIENT LOCATION CLOSE TO SHOPPING LIKE TARGET, ETC. JUST A SHORT DISTANCE OFF 295 AND RT 198. ***AS IS - CASH ONLY - NO FINANCED OFFERS - NO INSPECTION CONTINGENCIES ***

Last Agent to Sell the Property

Thomas Keats

(443) 420-8590 tom.keats@keatsco.com Keats & Co Real Estate LLC License #RB-0031065 Listed on: 12/20/2013

Last Buyer's Agent

Shannon Hernandez

shannon.hernandez@exitresults.com Exit Results Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,030

Year Built

  • Built in 1940

Lot Details

  • 7,500 Sq Ft Lot
  • Property is zoned R5

Home Design

  • Rambler Architecture
  • Frame Construction

Interior Spaces

  • Property has 1 Level
  • Open Floorplan
  • Combination Kitchen and Living

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • On-Street Parking
  • Off-Street Parking

Utilities

  • Baseboard Heating
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 020400002696825

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,030

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Interior Amenities: Combination Kitchen/Living, Floor Plan - Open
  • Fireplace: No
  • Entry Location: Living Room
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Street Number Modifier: 242

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Construction Materials: Frame
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street, On Street

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: No
  • Heating Fuel: Electric
  • Heating Type: Baseboard
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Lot Info

  • Lot Size Acres: 0.17
  • Lot Size Area: 7500
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7500.00
  • Year Assessed: 2013
  • Zoning: R5

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2030.12
  • Assessor Parcel Number: 020400002696825
  • Tax Total Finished Sq Ft: 1101
  • County Tax Payment Frequency: Annually
  • Tax Year: 2013
  • Close Date: 01/21/2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2013
Closed on
Jan 21, 2014
Sold by
Household Finance Corporation Iii
Bought by
Castro Martin M and Castro Luciana
Seller's Agent
Thomas Keats
Keats & Co Real Estate LLC
Buyer's Agent
Shannon Hernandez
Exit Results Realty
List Price
$174,900
Sold Price
$95,000
Premium/Discount to List
-$79,900
-45.68%
Current Estimated Value
$308,760

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,760
Avg. Annual Appreciation
11.36%

Purchase Details

Closed on
Jan 22, 2013
Sold by
Fowble Dennis
Bought by
Household Finance Corporation Iii

Purchase Details

Closed on
Dec 8, 1995
Sold by
Montgomery Robert A
Bought by
Fowble Dennis and Fowble Darlene

Purchase Details

Closed on
Apr 16, 1990
Sold by
Howell Dorothy
Bought by
Montgomery Robert A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,100
Interest Rate
10.25%
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
Castro Martin M $95,000 First American Title Ins Co
Household Finance Corporation Iii $125,000 Gemini Title & Escrow Llc
Fowble Dennis $102,017 --
Montgomery Robert A $102,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Montgomery Robert A $105,100
Closed Fowble Dennis --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2014 01/21/14 Sold $95,000 -12.0% $86 / Sq Ft
01/09/2014 01/09/14 Pending -- -- --
01/03/2014 01/03/14 Price Changed $107,900 -22.9% $98 / Sq Ft
12/31/2013 12/31/13 Price Changed $139,900 -20.0% $127 / Sq Ft
12/21/2013 12/21/13 For Sale $174,900 +84.1% $159 / Sq Ft
12/20/2013 12/20/13 Off Market $95,000 -- --
12/20/2013 12/20/13 For Sale $174,900 -- $159 / 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 $2,719 $202,400 $103,500 $98,900
2024 $2,719 $202,400 $103,500 $98,900
2023 $2,684 $202,400 $103,500 $98,900
2022 $2,536 $225,700 $151,100 $74,600
2021 $4,988 $220,767 $0 $0
2020 $2,412 $215,833 $0 $0
2019 $2,373 $210,900 $146,100 $64,800
2018 $2,042 $201,367 $0 $0
2017 $2,229 $191,833 $0 $0
2016 -- $182,300 $0 $0
2015 -- $175,900 $0 $0
2014 -- $169,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2014

    Thomas Keats

    Keats & Co Real Estate LLC

    (443) 420-8590

    19 Total Sales

    Thomas Keats
    Section Image

  • S

    Buyer's Agent in 2014

    Shannon Hernandez

    Exit Results Realty

    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1003788666

Bright MLS

APN: 04-000-02696825

Maryland Anne Arundel County Laurel 20724 Maryland City

242 Red Clay Rd, Laurel, MD

This home is located at 242 Red Clay Rd, Laurel, MD 20724 since 20 December 2013 and is currently estimated at $308,760, approximately $280 per square foot. This property was built in 1940. 242 Red Clay Rd is a home located in Anne Arundel County with nearby schools including Maryland City Elementary School, Meade Middle School, and Meade High School.

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