NOT LISTED FOR SALE

601 7th St Unit 401 Laurel, MD 20707

Estimated Value: $232,000 - $316,000

1 Bed
1 Bath
1,405 Sq Ft
$295/mo HOA Fee

Last Sold September 07, 2023

Last sale price $207,000 $147 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,036/month

16 Days on Market

Highlights

  • Penthouse
  • Contemporary Architecture
  • Loft
  • Open Floorplan
  • Wood Flooring
  • Eat-In Kitchen

About This Home

As of September 2023

Affordable and convenient! This lovingly maintained spacious one bedroom Penthouse with an ensuite with walk in closet with natural lighting is just what you have been waiting for! Entering your new home you’ll find an open floor plan, natural lighting from the oversized windows, hard wood floors, high ceilings, a loft for entertainment, home office or workout space, a full size washer and dryer, a private elevator to residential 3rd floor units, water is included in the condo fee and an abundance of parking. The Park Place condominiums are zoned as residential/commercial and may require special financing. The Seller is providing a One Year 2-10 Home Warranty to the buyer. Did you know there are tax credits for Teachers, First Responders, Veterans, and the Elderly? Contact your agent or me for more details. Laurel is conveniently located between Washington, DC, and Baltimore, and close to major employment hubs like Fort Meade, NSA, John Hopkins Applied Physics lab and the NEW University of Maryland Laurel Medical Center. With its geographic location Laurel benefits from two MARC train stations, local and regional bus service, major commuting routes of I-95, ICC 200, Baltimore Washington Parkway 295, and Routes 32, 216, 198 and 197. Dining, shopping, entertainment, recreational and the famous Laurel Historic District, featuring the Laurel Historic Museum on the Patuxent River, state of the Art Laurel Library is across the street and a great Bed and Breakfast are among the very popular reasons that attract people to move and stay in Laurel! Schedule your appointment today and make this Your Home or come to our OPEN HOUSE on Thursday August 10th between 5 and 6:30.

Last Listed By

Denise Redmond

Long & Foster Real Estate, Inc. License #622664 Listed on: 08/08/2023

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,525

Year Built

  • Built in 2007

Lot Details

  • Two or More Common Walls
  • Property is in very good condition

HOA Fees

  • $295 Monthly HOA Fees

Home Design

  • Penthouse
  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,405 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Living Room
  • Loft
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Parking Lot
  • Unassigned Parking

Accessible Home Design

  • Accessible Elevator Installed
  • Ramp on the main level

Schools

  • Laurel High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number 17103840238

Community Details

Overview

  • Association fees include management, insurance, water, snow removal
  • Low-Rise Condominium
  • Park Place Laurel Condos
  • Park Place Community
  • Park Place Subdivision

Amenities

  • Common Area
  • 1 Elevator

Pet Policy

  • Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,525

Year Built

Built in 2007

Lot Details

0

HOA Fees

$295 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary, Loft
  • Accessibility Features: Elevator, Ramp - Main Level
  • Ownership: Condominium
  • Exclusions: NO DOGS
  • Historic: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2023-08-08
  • Federal Flood Zone: No
  • Year Built: 2007
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Stove, Washer, Microwave
  • Entry Floor: 4
  • Flooring Type: Hardwood
  • Interior Amenities: Combination Kitchen/Living, Kitchen - Table Space, Combination Dining/Living, Kitchen - Eat-In, Elevator, Wood Floors, Floor Plan - Open
  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Elevators Count: 1
  • Floors In Unit Count: 4
  • Levels Count: 2
  • Room List: Living Room, Kitchen, Laundry, Loft
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 1405
  • Living Area Sq Ft: 1405
  • Price Per Sq Ft: 155.34
  • Above Grade Finished Sq Ft: 1405
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 601

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Unassigned
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 295.18
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Park Place Laurel
  • HOA Condo Co-Op Amenities: Elevator, Common Grounds
  • HOA Condo Co-Op Fee Includes: Management, Insurance, Water, Snow Removal
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
  • High School: LAUREL
  • High School Source: 3rd Party
  • School District Key: 121137599599
  • School District Source: 3rd Party
  • High School: LAUREL

Lot Info

  • Horses: No
  • Land Use Code: U
  • Property Condition: Very Good
  • Year Assessed: 2023
  • Zoning: RESIDENTIAL/COMMERCIAL
  • In City Limits: Yes

Rental Info

  • Lease Considered: No
  • Pets: Cats Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2525.00
  • Assessor Parcel Number: 17103840238
  • Tax Total Finished Sq Ft: 1405
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 09/07/2023

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 9, 2024
Sold by
Dacosta Naira Doukmajian
Bought by
Dacosta Naira Doukmajian and Doukmajian Shant Edward
Total Days on Market
16
Current Estimated Value
$261,980

Purchase Details

Listed on
Aug 8, 2023
Closed on
Sep 7, 2023
Sold by
Tucker Stefanie Monique
Bought by
Dacosta Naira Doukmajlan
Seller's Agent
Denise Redmond
Long & Foster Real Estate, Inc.
Buyer's Agent
Stephen Jones
Own Real Estate
List Price
$218,250
Sold Price
$207,000
Premium/Discount to List
-$11,250
-5.15%
Views
223

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.67%

Purchase Details

Closed on
Nov 20, 2007
Sold by
Gfc Development Llc
Bought by
Tucker Stefanie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,875
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 25, 2007
Sold by
Gfc Development Llc
Bought by
Tucker Stefanie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,875
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage

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
Dacosta Naira Doukmajian -- None Listed On Document
Dacosta Naira Doukmajlan $207,000 Fidelity National Title
Tucker Stefanie M $192,500 --
Tucker Stefanie M $192,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tucker Stefanie Monique $169,000
Previous Owner Tucker Stefanie M $182,875
Previous Owner Tucker Stefanie M $182,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2023 09/07/23 Sold $207,000 -5.2% $147 / Sq Ft
08/25/2023 08/25/23 Pending -- -- --
08/08/2023 08/08/23 For Sale $218,250 0.0% $155 / Sq Ft
04/18/2012 04/18/12 Rented $1,350 -9.7% --
04/18/2012 04/18/12 Under Contract -- -- --
01/16/2012 01/16/12 For Rent $1,495 -- --
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 $3,285 $175,067 $0 $0
2023 $2,505 $155,433 $0 $0
2022 $2,239 $135,800 $40,700 $95,100
2021 $4,469 $127,200 $0 $0
2020 $4,142 $118,600 $0 $0
2019 $2,155 $110,000 $33,000 $77,000
2018 $1,872 $105,000 $0 $0
2017 $1,795 $100,000 $0 $0
2016 -- $95,000 $0 $0
2015 $2,615 $95,000 $0 $0
2014 $2,615 $95,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDPG2085960

Bright MLS

APN: 10-3840238