NOT LISTED FOR SALE

383 Main St Laurel, MD 20707

Estimated Value: $671,000

5 Beds
3.5 Baths
4,178 Sq Ft
$161/Sq Ft Est. Value

Last Sold May 18, 2022

Last sale price $510,000 $122 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $5,041/month

485 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Central Air

About This Home

As of May 2022

Great investment opportunity! Prime location commercial/residential 2 building structure. Main building consists of store front, office space and 2 apartments. Additional 1 bedroom detached structure in the rear with parking and storage. Floor plan only includes main building. Store front and Apartment 2 are currently occupied with tenants on month to month leases who would like to stay. Live in the rear building and rent out the front! Call today!

Last Listed By

Kevin Carroll

Douglas Realty LLC License #644101 Listed on: 10/21/2020

Douglas Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,012

Year Built

  • Built in 1985

Lot Details

  • 5,250 Sq Ft Lot
  • Property is zoned CG

Parking

  • Driveway

Home Design

  • Colonial Architecture

Interior Spaces

  • 4,178 Sq Ft Home
  • Property has 3 Levels
  • Basement

Bedrooms and Bathrooms

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Laurel Subdivision

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 17101063841

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,012

Year Built

Built in 1985

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
  • Year Built: 1985
  • Automatically Close On Close Date: No
  • Remarks Public: Great investment opportunity! Prime location commercial/residential 2 building structure. Main building consists of store front, office space and 2 apartments. Additional 1 bedroom detached structure in the rear with parking and storage. Floor plan only includes main building. Store front and Apartment 2 are currently occupied with tenants on month to month leases who would like to stay. Live in the rear building and rent out the front! Call today!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 3
  • Basement: Yes
  • Total Sq Ft: 4178
  • Living Area Sq Ft: 4178
  • Price Per Sq Ft: 143.59
  • Above Grade Finished Sq Ft: 4178
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 383

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main 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
  • Type Of Parking: Driveway

Utilities

  • Refuse: 141.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Oil, Natural Gas Available
  • 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: 469400.00
  • Land Assessed Value: 261400.00
  • Land Use Code: 003
  • Lot Size Acres: 0.12
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5250.00
  • Year Assessed: 2021
  • Zoning: CG
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14655206
  • Tax Annual Amount: 12012.00
  • Assessor Parcel Number: 17101063841
  • Tax Lot: 4
  • Tax Page Number: 675
  • Tax Total Finished Sq Ft: 4178
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 05/18/2022

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2020
Closed on
May 24, 2022
Sold by
Marjorie Gunther
Bought by
Liu Chang X
Seller's Agent
Kevin Carroll
Douglas Realty LLC
Buyer's Agent
Chen Chen
Northrop Realty
List Price
$599,900
Sold Price
$510,000
Premium/Discount to List
-$89,900
-14.99%
Total Days on Market
485
Current Estimated Value
$671,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,000
Avg. Annual Appreciation
9.72%
Original Mortgage
$357,000
Outstanding Balance
$342,024
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$330,976

Purchase Details

Closed on
Jan 31, 2001
Sold by
King Roger C and King Shirli A
Bought by
King Shirli A

Range of Values:

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Average Value
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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
Liu Chang X $510,000 Heritage Title
King Shirli A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liu Chang X $357,000
Previous Owner King Shirli A $80,000
Previous Owner King Shirli A $50,000
Previous Owner King Shirli A $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2022 05/18/22 Sold $510,000 -15.0% $122 / Sq Ft
11/08/2021 11/08/21 For Sale $599,900 +17.6% $144 / Sq Ft
10/29/2021 10/29/21 Off Market $510,000 -- --
10/06/2021 10/06/21 Price Changed $599,900 -14.3% $144 / Sq Ft
04/26/2021 04/26/21 Price Changed $699,900 0.0% $168 / Sq Ft
04/26/2021 04/26/21 For Sale $699,900 +37.2% $168 / Sq Ft
04/19/2021 04/19/21 Off Market $510,000 -- --
10/21/2020 10/21/20 For Sale $750,000 -- $180 / 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 $15,857 $838,267 $0 $0
2023 $14,764 $784,533 $0 $0
2022 $19,600 $730,800 $261,400 $469,400
2021 $13,626 $689,167 $0 $0
2020 $11,596 $647,533 $0 $0
2019 $11,870 $605,900 $261,400 $344,500
2018 $8,042 $605,900 $261,400 $344,500
2017 $12,287 $605,900 $0 $0
2016 -- $635,100 $0 $0
2015 $7,043 $635,100 $0 $0
2014 $7,043 $687,233 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDPG584622

Bright MLS

APN: 10-1063841