NOT LISTED FOR SALE

603 7th St Unit 402 Laurel, MD 20707

Estimated Value: $276,000 - $329,000

2 Beds
2 Baths
1,769 Sq Ft
$342/mo HOA Fee

Last Sold April 03, 2023

Last sale price $228,400 $129 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $2,293/month

66 Days on Market

Highlights

  • Engineered Wood Flooring
  • Breakfast Area or Nook
  • Central Air
  • Furnished
  • Brick Porch or Patio
  • Combination Kitchen and Dining Room

About This Home

As of April 2023

This is an ESTATE SALE. SELLER WILL NOT DO ANY REPAIRS. FANTASTIC 4th FLOOR LOFT CONDO. NICE ARCHITECTURAL DESIGN WITH A PENTHOUSE . WOOD AND CARPET FLOORING, 2 BDRM & 2 FULL BATH. NICE OPEN FLOOR. CARPET HAS MINOR ISSUE & SELLER WOULD OFFER SOME CASH FOR CARPET REPAIRS ELSE HOUSE SHOWS VERY WELL. ELEVATOR WITH SECURITY FEATURES. BUYER MUST USE CONVENTIONAL, CASH, OR PORTFOLIO LOAN TO PURCHASE. IT IS A 75% COMMERCIAL & 25% RESIDENTIAL. CONSULT YOUR LOAN OFFICER OR LISTER CAN PROVIDE ONE.

Last Listed By

Osita Odunze

Samson Properties License #581563 Listed on: 10/18/2022

Samson Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,779

Year Built

  • Built in 2007

Lot Details

  • 1,481

HOA Fees

  • $342 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,769 Sq Ft Home
  • Property has 2 Levels
  • Furnished
  • Combination Kitchen and Dining Room
  • Stacked Electric Washer and Dryer

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Stove
  • Built-In Microwave
  • Dishwasher

Flooring

  • Engineered Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms

Home Security

Parking

  • Free Parking
  • Parking Lot

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater
  • Public Septic
  • Private Sewer

Additional Features

  • Accessible Elevator Installed
  • Brick Porch or Patio
  • Property is in very good condition

Listing and Financial Details

  • Assessor Parcel Number 17103864972

Community Details

Overview

  • Association fees include common area maintenance, road maintenance, trash, reserve funds, custodial services maintenance, exterior building maintenance, snow removal
  • Low-Rise Condominium
  • The Council Of Unit Owners Of Park Place Laurel Co Condos
  • Built by Park Place Laurel
  • Park Place Condo Community
  • Park Place Laurel Condominium Subdivision
  • Property Manager

Pet Policy

  • No Pets Allowed

Additional Features

  • Fire Sprinkler System
  • 1 Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,779

Year Built

Built in 2007

Lot Details

0

HOA Fees

$342 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Loft
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2022-10-21
  • Year Built: 2007
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: This is an ESTATE SALE. SELLER WILL NOT DO ANY REPAIRS. FANTASTIC 4th FLOOR LOFT CONDO. NICE ARCHITECTURAL DESIGN WITH A PENTHOUSE . WOOD AND CARPET FLOORING, 2 BDRM & 2 FULL BATH. NICE OPEN FLOOR. CARPET HAS MINOR ISSUE & SELLER WOULD OFFER SOME CASH FOR CARPET REPAIRS ELSE HOUSE SHOWS VERY WELL. ELEVATOR WITH SECURITY FEATURES. BUYER MUST USE CONVENTIONAL, CASH, OR PORTFOLIO LOAN TO PURCHASE. IT IS A 75% COMMERCIAL & 25% RESIDENTIAL. CONSULT YOUR LOAN OFFICER OR LISTER CAN PROVIDE ONE.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Dryer, Dryer - Electric, Dryer - Front Loading, Exhaust Fan, Microwave, Refrigerator, Stove, Washer, Washer/Dryer Stacked
  • Entry Floor: 4
  • Flooring Type: Carpet, Engineered Wood
  • Interior Amenities: Breakfast Area, Carpet, Combination Kitchen/Dining, Elevator, Kitchen - Eat-In, Kitchen - Table Space, Primary Bath(s), Sprinkler System
  • Elevators Count: 1
  • Wall Ceiling Types: Dry Wall
  • Floors In Unit Count: 4
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Has Laundry
  • Total Sq Ft: 1769
  • Living Area Sq Ft: 1769
  • Price Per Sq Ft: 141.32
  • Above Grade Finished Sq Ft: 1769
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 603

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Street Lights, Sidewalks
  • Roof: Unknown
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Free
  • 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: Private Sewer, Public Septic, Public Sewer
  • Utilities: Electric Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 342.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: The Council of Unit Owners Of Park Place Laurel Co
  • HOA Condo Co-Op Amenities: Elevator
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Road Maintenance, Trash, Reserve Funds, Custodial Services Maintenance, Ext Bldg Maint, Snow Removal
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: 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

  • Horses: No
  • Improvement Assessed Value: 105300.00
  • Land Assessed Value: 45000.00
  • Land Use Code: U
  • Outdoor Living Structures: Brick
  • Property Condition: Very Good
  • Year Assessed: 2022
  • Zoning: COMMERCIAL/RESIDENTIAL
  • Zoning Description: LAUR
  • In City Limits: No

Building Info

  • Builder Name: Park Place Laurel

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets Allowed: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 14746562
  • School Tax Pymnt Freq: Unknown
  • Tax Annual Amount: 2779.00
  • Assessor Parcel Number: 17103864972
  • Tax Page Number: 199
  • Tax Total Finished Sq Ft: 1769
  • County Tax Payment Frequency: Unknown
  • Tax Year: 2022
  • Close Date: 04/03/2023

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2022
Closed on
Apr 3, 2023
Sold by
Kpogli Griffiths Dodzi
Bought by
Smith Amanda Leigh
Seller's Agent
Osita Odunze
Samson Properties
Buyer's Agent
Ericka S. Black, Realtor
Coldwell Banker Realty - Washington
List Price
$250,000
Sold Price
$228,400
Premium/Discount to List
-$21,600
-8.64%
Total Days on Market
66
Views
232
Current Estimated Value
$295,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,234
Avg. Annual Appreciation
13.02%
Original Mortgage
$34,260
Outstanding Balance
$33,478
Interest Rate
6.32%
Estimated Equity
$263,309

Purchase Details

Closed on
Sep 18, 2008
Sold by
Gfc Development Llc
Bought by
Champion Gifty E

Purchase Details

Closed on
Aug 13, 2008
Sold by
Gfc Development Llc
Bought by
Champion Gifty E

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
Smith Amanda Leigh $228,400 Fidelity National Title
Champion Gifty E $220,000 --
Champion Gifty E $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Amanda Leigh $34,260
Open Smith Amanda Leigh $159,880
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2023 04/03/23 Sold $228,400 0.0% $129 / Sq Ft
01/08/2023 01/08/23 Off Market $228,400 -- --
12/23/2022 12/23/22 Pending -- -- --
10/18/2022 10/18/22 For Sale $250,000 -- $141 / 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 $3,657 $195,767 $0 $0
2023 $3,219 $173,033 $0 $0
2022 $2,478 $150,300 $45,000 $105,300
2021 $5,559 $143,533 $0 $0
2020 $5,034 $136,767 $0 $0
2019 $2,547 $130,000 $39,000 $91,000
2018 $1,585 $118,333 $0 $0
2017 $5,910 $106,667 $0 $0
2016 -- $95,000 $0 $0
2015 -- $95,000 $0 $0
2014 $2,890 $95,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDPG2059702

Bright MLS

APN: 10-3864972