NOT LISTED FOR SALE

506 Clays Ln Laurel, MD 20707

Estimated Value: $367,000 - $425,000

3 Beds
2 Baths
1,251 Sq Ft
$322/Sq Ft Est. Value

Last Sold March 27, 2015

Last sale price $245,000 $196 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $2,718/month

26 Days on Market

Highlights

  • Open Floorplan
  • Rambler Architecture
  • No HOA
  • Vaulted Ceiling
  • Wood Flooring
  • Upgraded Countertops

About This Home

As of March 2015

No More showings, Multiple offer. Entirely, Beautifully Re-designed and Renovated, Better than a New House! Passed all County Inspections on Framing, Electrical, Structural, Plumbing, Mechanical etc. Main level re-designed to have a soaring 2-story ceiling! New Hardwood floor, Gorgeous, Upscale new kitchen, Premium SS Appliances, Fabulous new baths! Brand new Roof/HVAC/Electrical Heavy-up...

Last Listed By

Claire Alatan

Prestige Real Estate Consultants LLC Listed on: 01/30/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,329

Year Built

  • Built in 1930 | Remodeled in 2015

Lot Details

  • 6,197 Sq Ft Lot
  • Back Yard Fenced
  • Property is in very good condition
  • Property is zoned R20

Parking

  • Off-Street Parking

Home Design

  • Rambler Architecture
  • Vinyl Siding

Interior Spaces

  • Property has 1 Level
  • Open Floorplan
  • Chair Railings
  • Crown Molding
  • Vaulted Ceiling
  • Wood Flooring

Kitchen

  • Gas Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Basement

  • Sump Pump
  • Crawl Space

Outdoor Features

  • Porch

Schools

  • Laurel High School

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Brandy Grove Subdivision

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 17101012335

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,329

Year Built

Built in 1930 | Remodeled in 2015

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main
  • Year Built: 1930
  • Year Renovated: 2015
  • Remarks Public: No More showings, Multiple offer. Entirely, Beautifully Re-designed and Renovated, Better than a New House! Passed all County Inspections on Framing, Electrical, Structural, Plumbing, Mechanical etc. Main level re-designed to have a soaring 2-story ceiling! New Hardwood floor, Gorgeous, Upscale new kitchen, Premium SS Appliances, Fabulous new baths! Brand new Roof/HVAC/Electrical Heavy-up...
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Exhaust Fan, Icemaker, Microwave, Oven/Range - Gas, Refrigerator
  • Interior Amenities: Kitchen - Island, Crown Moldings, Chair Railings, Upgraded Countertops, Wood Floors, Floor Plan - Open
  • Fireplace: No
  • Wall Ceiling Types: 2 Story Ceilings, Vaulted Ceilings
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Basement: Yes
  • Basement Type: Sump Pump
  • Living Area Units: Square Feet
  • Street Number Modifier: 506

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Construction Materials: Vinyl Siding
  • Pool Private: 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

Utilities

  • Refuse: 34.42
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • 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
  • High School: LAUREL
  • School District Key: 121137599599
  • High School: LAUREL

Lot Info

  • Fencing: Rear
  • Improvement Assessed Value: 109400.00
  • Land Assessed Value: 75000.00
  • Lot Size Acres: 0.14
  • Lot Size Area: 6197
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6197.00
  • Outdoor Living Structures: Porch(es)
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Year Assessed: 2014
  • Zoning: R20
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14690550
  • Tax Annual Amount: 3328.65
  • Assessor Parcel Number: 17101012335
  • Tax Lot: 6
  • Tax Total Finished Sq Ft: 1251
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014
  • Close Date: 03/27/2015

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2015
Closed on
Mar 27, 2015
Sold by
Wang Weichien
Bought by
Hazell Yolanda M
Seller's Agent
Claire Alatan
Prestige Real Estate Consultants LLC
Buyer's Agent
Cynthia Perkins
Sawyer Real Estate, LLC
List Price
$249,900
Sold Price
$245,000
Premium/Discount to List
-$4,900
-1.96%
Total Days on Market
26
Current Estimated Value
$403,420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,420
Avg. Annual Appreciation
5.21%
Original Mortgage
$10,000
Outstanding Balance
$7,882
Interest Rate
3.77%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$402,623

Purchase Details

Listed on
Feb 5, 2014
Closed on
Mar 6, 2014
Sold by
Us Bank National Association
Bought by
Wang Weichen
Seller's Agent
Coni Otto
Long & Foster Real Estate, Inc.
Buyer's Agent
Claire Alatan
Prestige Real Estate Consultants LLC
List Price
$50,000
Sold Price
$81,168
Premium/Discount to List
$31,168
62.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
212.33%

Purchase Details

Closed on
Apr 17, 2006
Sold by
Slater Thomas E
Bought by
Chavez William R Etal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.15%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 21, 2006
Sold by
Slater Thomas E
Bought by
Chavez William R Etal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.15%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Nov 7, 2001
Sold by
Ezekwueche Eugene
Bought by
Slater Thomas E and Slater James A

Purchase Details

Closed on
Jun 25, 1998
Sold by
Odike Nneka H
Bought by
Ezekwueche Eugene and Unit 203

Purchase Details

Closed on
Sep 23, 1997
Sold by
Secretary Of Veterans Affair
Bought by
Odike Nneka H

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
Hazell Yolanda M $245,000 First American Title Ins Co
Wang Weichen $81,168 First American Title Ins Co
Chavez William R Etal $300,000 --
Chavez William R Etal $300,000 --
Slater Thomas E $123,000 --
Ezekwueche Eugene $92,000 --
Odike Nneka H $84,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hazell Yolanda M $10,000
Open Hazell Yolanda M $239,112
Previous Owner Chavez William R Etal $60,000
Previous Owner Chavez William R Etal $240,000
Previous Owner Chavez William R Etal $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2015 03/27/15 Sold $245,000 0.0% $196 / Sq Ft
02/25/2015 02/25/15 Pending -- -- --
02/22/2015 02/22/15 Price Changed $245,000 -1.8% $196 / Sq Ft
02/09/2015 02/09/15 Price Changed $249,500 -0.2% $199 / Sq Ft
01/30/2015 01/30/15 For Sale $249,900 +207.9% $200 / Sq Ft
04/08/2014 04/08/14 Sold $81,168 0.0% $65 / Sq Ft
02/27/2014 02/27/14 Pending -- -- --
02/19/2014 02/19/14 Off Market $81,168 -- --
02/06/2014 02/06/14 For Sale $50,000 -38.4% $40 / Sq Ft
02/06/2014 02/06/14 Off Market $81,168 -- --
02/05/2014 02/05/14 For Sale $50,000 -- $40 / 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 $5,654 $304,400 $0 $0
2023 $5,153 $278,800 $0 $0
2022 $4,643 $253,200 $75,000 $178,200
2021 $4,564 $250,500 $0 $0
2020 $4,513 $247,800 $0 $0
2019 $4,472 $245,100 $75,000 $170,100
2018 $4,113 $224,867 $0 $0
2017 $3,759 $204,633 $0 $0
2016 -- $184,400 $0 $0
2015 $3,664 $184,400 $0 $0
2014 $3,664 $184,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001038307

Bright MLS

APN: 10-1012335