NOT LISTED FOR SALE

603 7th St Unit 401 Laurel, MD 20707

Estimated Value: $237,518 - $277,000

1 Bed
1 Bath
1,388 Sq Ft
$255/mo HOA Fee

Last Sold January 24, 2018

Last sale price $140,000 $101 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $1,853/month

Highlights

  • Open Floorplan
  • Loft
  • Cooling Available
  • Contemporary Architecture
  • Eat-In Kitchen
  • Living Room

About This Home

As of January 2018

Mixed-use development. Can't get FHA, VA, Fannie, Freddie financing. Must do cash or a bank portfolio loan which will probably require at least 20% down. I have a lender I can refer if needed. Lovely 1 bedroom condo with loft. Open floor plan, contemporary layout. Wood floors in kitchen & living room. Huge master bedroom with walk-in closet. Large open loft. Very nice. Location convenient to I95.

Last Agent to Sell the Property

Patricia McComas

(301) 928-8170 pat.mccomas@longandfoster.com Long & Foster Real Estate, Inc. License #589212 Listed on: 11/06/2017

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Marlon Simpson

(240) 455-2337 marlonsimpson@kw.com Keller Williams Preferred Properties

Keller Williams Preferred Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,867

Year Built

  • Built in 2007

Lot Details

  • 1,133

HOA Fees

  • $255 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Front

Interior Spaces

  • 1,388 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Living Room
  • Loft

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Schools

  • Laurel Elementary School
  • Laurel High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • Property is in very good condition

Community Details

  • Association fees include water, trash, insurance, lawn maintenance, management, snow removal
  • 4 Units
  • Low-Rise Condominium
  • Park Place Community
  • Park Place Subdivision
  • The community has rules related to covenants

Listing and Financial Details

  • Assessor Parcel Number 17103864964

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,867

Year Built

Built in 2007

Lot Details

0

HOA Fees

$255 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary, Loft
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 2007
  • Remarks Public: Mixed-use development. Can't get FHA, VA, Fannie, Freddie financing. Must do cash or a bank portfolio loan which will probably require at least 20% down. I have a lender I can refer if needed. Lovely 1 bedroom condo with loft. Open floor plan, contemporary layout. Wood floors in kitchen & living room. Huge master bedroom with walk-in closet. Large open loft. Very nice. Location convenient to I95.
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Stove, Refrigerator, Microwave, Washer, Dryer
  • Interior Amenities: Kitchen - Table Space, Primary Bath(s), Floor Plan - Open
  • Fireplace: No
  • Entry Location: Floors 2-5
  • Levels Count: 2
  • Room List: Living Room, Primary Bedroom, Kitchen, Loft
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1388
  • Living Area Sq Ft: 1388
  • Price Per Sq Ft: 100.86
  • Above Grade Finished Sq Ft: 1388
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 603

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
  • Construction Materials: Brick Front
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: General Common Elements

Utilities

  • Refuse: 34.00
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Cooling: Yes
  • Monthly Average Electric: 110
  • Previous Twelve Months Electric Expense: 1320.00
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 254.78
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Fee Includes: Water, Trash, Insurance, Lawn Maintenance, Management, Snow Removal
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA Condo Co-Op Rules: Covenants
  • HOA: No
  • Senior Community: No

Schools

  • School District: PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
  • Elementary School: LAUREL
  • High School: LAUREL
  • School District Key: 121137599599
  • Elementary School: LAUREL
  • High School: LAUREL

Green Features

  • Green Verification: No

Lot Info

  • Improvement Assessed Value: 77000.00
  • Land Assessed Value: 33000.00
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Year Assessed: 2017
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14746561
  • Tax Annual Amount: 1867.00
  • Assessor Parcel Number: 17103864964
  • Tax Page Number: 71
  • Tax Total Finished Sq Ft: 1388
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 01/24/2018

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2017
Closed on
Jan 24, 2018
Sold by
Chanani Avishan Mohammadi
Bought by
Wildemann Philip Bryan
Seller's Agent
Patricia McComas
Long & Foster Real Estate, Inc.
Buyer's Agent
Marlon Simpson
Keller Williams Preferred Properties
List Price
$140,000
Sold Price
$140,000
Current Estimated Value
$258,130

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,130
Avg. Annual Appreciation
7.44%
Original Mortgage
$112,000
Outstanding Balance
$95,095
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$147,871

Purchase Details

Closed on
Jul 1, 2011
Sold by
Gfc Development Llc
Bought by
Chanani Avishan Mohammadi
Source: Public Records

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
Wildemann Philip Bryan $140,000 Universal Title
Chanani Avishan Mohammadi $100,000 Nations Title Of Maryland In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wildemann Philip Bryan $112,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2018 01/24/18 Sold $140,000 0.0% $101 / Sq Ft
12/27/2017 12/27/17 Pending -- -- --
11/06/2017 11/06/17 For Sale $140,000 -- $101 / 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 $2,762 $175,067 $0 $0
2023 $2,567 $155,433 $0 $0
2022 $2,362 $135,800 $40,700 $95,100
2021 $2,218 $127,200 $0 $0
2020 $4,247 $118,600 $0 $0
2019 $2,155 $110,000 $33,000 $77,000
2018 $1,486 $105,000 $0 $0
2017 $1,787 $100,000 $0 $0
2016 -- $95,000 $0 $0
2015 -- $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: 1004110251

Bright MLS

APN: 10-3864964