NOT LISTED FOR SALE

3525 Spring Rd Laurel, MD 20724

Maryland City Neighborhood

Estimated Value: $243,926 - $292,000

3 Beds
1 Bath
836 Sq Ft
$317/Sq Ft Est. Value

Last Sold July 12, 2022

Last sale price $225,000 $269 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,535/month

14 Days on Market

Highlights

  • 0.28 Acre Lot
  • Partially Wooded Lot
  • No HOA
  • Premium Lot
  • Rambler Architecture
  • Level Entry For Accessibility

About This Home

As of July 2022

!!!Attention Investors!!! Home now has 3 bedrooms and 1 bathroom. Extra large lot extends behind the home allowing for some amazing additions both upwards and backwards (buyer to verify building options and permitting with the county). Home will not pass FHA or VA. Cash offers preferred. Fha 203k and Conventional are options too. Close to shopping, 295, Fort Meade, NSA, Odenton Marc Station, Annapolis or driving to DC. Offers due by 7pm 5/25/2022 but Seller reserves the right to accept an offer prior.

Last Agent to Sell the Property

Ariana Loucas

(301) 728-1418 ariana@realtorariana.com Compass Listed on: 05/23/2022

Compass

Last Buyer's Agent

Lori Caruso

(301) 807-1049 lori.caruso@miller-re.com FES & J Realty LLC License #04488

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,422

Year Built

  • Built in 1940

Lot Details

  • 0.28 Acre Lot
  • Premium Lot
  • Open Lot
  • Cleared Lot
  • Partially Wooded Lot
  • Back and Front Yard
  • Property is zoned R5

Home Design

  • Rambler Architecture
  • Concrete Perimeter Foundation

Interior Spaces

  • 836 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 10 Parking Spaces
  • On-Street Parking

Accessible Home Design

  • Level Entry For Accessibility

Utilities

  • Heating Available
  • Propane
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Regulars Subdivision

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 020400005814200

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,422

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2022-05-23
  • Year Built: 1940
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Concrete Perimeter
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 836
  • Living Area Sq Ft: 836
  • Price Per Sq Ft: 269.14
  • Above Grade Finished Sq Ft: 836
  • Above Grade Finished Area Units: Square Feet

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, 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: 10
  • Type Of Parking: On Street, Off Street
  • Off Street Parking Spaces: 10

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Propane
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 43600.00
  • Land Assessed Value: 159100.00
  • Lot Features: Cleared, Front Yard, Open, Partly Wooded, Premium, Rear Yard
  • Lot Size Acres: 0.28
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12066.00
  • Zoning: R5
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15266487
  • Tax Annual Amount: 2422.00
  • Assessor Parcel Number: 020400005814200
  • Tax Lot: 10
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2022
Closed on
Jul 12, 2022
Sold by
Mae Edwards Ida and Mae Denise Paula
Bought by
Sorto Hilda and Sorto Kevin
Seller's Agent
Ariana Loucas
Compass
Buyer's Agent
Lori Caruso
FES & J Realty LLC
List Price
$165,000
Sold Price
$225,000
Premium/Discount to List
$60,000
36.36%
Current Estimated Value
$265,232

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,232
Avg. Annual Appreciation
4.94%
Original Mortgage
$168,750
Outstanding Balance
$161,464
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$103,768
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sorto Hilda $225,000 Universal Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sorto Hilda $168,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/12/2022 07/12/22 Sold $225,000 0.0% $269 / Sq Ft
06/07/2022 06/07/22 Price Changed $225,000 0.0% $269 / Sq Ft
06/06/2022 06/06/22 Pending -- -- --
05/26/2022 05/26/22 Off Market $225,000 -- --
05/23/2022 05/23/22 For Sale $165,000 -- $197 / 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 $1,685 $108,000 $108,000 --
2024 $1,685 $108,000 $108,000 $0
2023 $1,808 $165,600 $108,000 $57,600
2022 $2,548 $202,700 $159,100 $43,600
2021 $5,023 $199,167 $0 $0
2020 $2,434 $195,633 $0 $0
2019 $4,615 $192,100 $154,100 $38,000
2018 $1,826 $180,033 $0 $0
2017 $1,984 $167,967 $0 $0
2016 -- $155,900 $0 $0
2015 -- $148,367 $0 $0
2014 -- $140,833 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ariana Loucas

    Seller's Agent in 2022

    Ariana Loucas

    Compass

    (301) 728-1418

    1 in this area

    97 Total Sales

    Ariana Loucas
    Section Image
  • Lori Caruso

    Buyer's Agent in 2022

    Lori Caruso

    FES & J Realty LLC

    (301) 807-1049

    1 in this area

    19 Total Sales

    Lori Caruso
    Section Image
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Map

Source: Bright MLS

MLS Number: MDAA2034148

Bright MLS

APN: 04-000-05814200

Maryland Anne Arundel County Laurel 20724 Maryland City

3525 Spring Rd, Laurel, MD

Not Listed for Sale

Detached

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