$647,000 - $700,000
RENTED DEC 17, 2024

307 Backwater Way Laurel, MD 20724

Maryland City Neighborhood
3 Beds
4 Baths
2,789 Sq Ft
$244 Price per Sq Ft

Last Sold January 05, 2024

Last sale price $698,039 $250 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $4,356/month

About This Home

As of January 2024

Welcome to 307 Backwater Way...the ultimate combination of Luxury, Location & Lifestyle! The stunning appeal of this modern, 4 level Luxury brick-front townhome carries through from the front elevation all the way to the 4th level Open & Private Rooftop Terrace with Wooded Views! Your exquisite new home features the following Upgrades: Electric Car charger in Garage.

Hardwood Stairs, Recessed lighting, Full Bath and Huge Flex room on main level. True Gourmet Kitchen with large center island, extra cabinet & storage hutch, Deluxe Quartz countertops, lovely Tile backsplash, Walk-in Pantry, Upgraded appliances & 5-burner Gas cooktop! Enjoy easy access to 1 of 2 outdoor spaces right from your kitchen: Your large weather-proof Deck measures 20X10! Talk about the perfect Home for entertaining....Your open & bright main level also features an exquisite Living & Dining space with Fireplace and stunning custom drapes, as well as a Powder room for guests.

The Bedroom level features a spacious center hallway leading to your Primary Suite oasis along with 2 additional bedrooms, Full Hall Bath & Laundry Room. Your Primary Suite is truly grand, & features large windows, walk-in closet, Custom Ceiling Fan, and Spa Bath complete with Frameless Shower, Upgraded Tile floors & Cabinetry, Dual Vanities & separate water closet. Make your way up to the spacious 4th level Loft space measuring 19X15, which can serve as a Home Office or additional Flex space!

Don't forget to head to your 4th level Rooftop Terrace where you can watch beautiful sunsets while you sip coffee, a glass of wine or read a good book! This Gem of a Home truly has it all! Experience all the amenities this new community has to offer, including: Pickleball courts, OVER 12 miles of natural Walking trails, multi-purpose community center with multiple Fire pits and outdoor grills, state of the art fitness center, pool & pool house, Bike Track, multiple dog parks, outdoor community pavilion, deluxe gardens & SO MUCH MORE! Located adjacent to the Patuxent Wildlife Refuge & equally close to DC, Baltimore, Annapolis & all major routes! You will be impressed!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2023
Closed on
Dec 28, 2023
Sold by
Pulte Home Company Llc
Bought by
Loudenburg Brian Joseph and Loudenburg Amber Peilani
Seller's Agent
Joe Petrone
Monument Sotheby's International Realty
Buyer's Agent
Kayla Badolato
Equity One Realty
List Price
$690,039
Sold Price
$698,039
Premium/Discount to List
$8,000
1.16%
Views
46
Current Estimated Value
$681,227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,812
Avg. Annual Appreciation
-1.80%
Original Mortgage
$698,039
Outstanding Balance
$689,467
Interest Rate
7.22%
Mortgage Type
VA
Estimated Equity
-$8,240

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
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
Loudenburg Brian Joseph $698,039 Pgp Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loudenburg Brian Joseph $698,039
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2024 12/17/24 Rented $3,800 0.0% --
11/22/2024 11/22/24 For Rent $3,800 0.0% --
01/05/2024 01/05/24 Sold $698,039 0.0% $250 / Sq Ft
12/07/2023 12/07/23 Price Changed $698,039 +1.2% $250 / Sq Ft
12/06/2023 12/06/23 Pending -- -- --
11/14/2023 11/14/23 For Sale $690,039 -- $247 / Sq Ft

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 $5,644 $474,600 $0 $0
2023 $561 $51,333 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Reinaldo Gomez

    Seller's Agent in 2024

    Reinaldo Gomez

    Samson Properties

    (571) 337-4630

    93 Total Sales

    Reinaldo Gomez
    Section Image
  • Joe Petrone

    Seller's Agent in 2024

    Joe Petrone

    Monument Sotheby's International Realty

    (240) 274-1219

    490 in this area

    1,345 Total Sales

    Joe Petrone
    Section Image

  • K

    Buyer's Agent in 2024

    Kayla Badolato

    Equity One Realty

    (410) 370-5995

    1 in this area

    36 Total Sales

    Kayla Badolato
    Section Image
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Map

Maryland Anne Arundel County Laurel 20724 Maryland City

307 Backwater Way, Laurel, MD

Homes for Sale in Laurel, MD

This home is located at 307 Backwater Way, Laurel, MD 20724 and is currently estimated at $681,227, approximately $244 per square foot. 307 Backwater Way is a home located in Anne Arundel County with nearby schools including Maryland City Elementary School, Meade Middle School, and Meade High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.