NOT LISTED FOR SALE

603 7th St Unit 404 Laurel, MD 20707

Estimated Value: $252,000 - $325,000

2 Beds
2 Baths
1,675 Sq Ft
$299/mo HOA Fee

Last Sold October 01, 2018

Last sale price $155,000 $93 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $2,221/month

173 Days on Market

Highlights

  • Open Floorplan
  • 1 Fireplace
  • Combination Kitchen and Living
  • Loft
  • Great Room
  • En-Suite Primary Bedroom

About This Home

As of October 2018

Due to the mix of commercial/residential, Cannot get FHA, VA, Fannie, Freddie financing.Must do cash or a bank portfolio loan, some credit unions offer pretty good terms. There are lenders who can do that and we will happy to provide the names.Beautiful 2 Bedroom top floor condo with loft. Spacious kitchen and luxurious living/family room! Secure 4th floor living (elevator to 4th floor only).

Last Listed By

Bin Tan

Unlimited Realty Services, LLC License #642671 Listed on: 03/09/2018

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,787

Year Built

  • Built in 2007

Lot Details

  • 1,350

HOA Fees

  • $299 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,675 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • 1 Fireplace
  • Great Room
  • Combination Kitchen and Living
  • Loft
  • Stacked Washer and Dryer

Kitchen

  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Parking

  • Free Parking
  • Unassigned Parking

Accessible Home Design

  • Accessible Elevator Installed

Schools

  • Laurel Elementary School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 17103864998

Community Details

Overview

  • Association fees include exterior building maintenance, lawn maintenance, insurance, water
  • Low-Rise Condominium
  • Park Place Community
  • Park Place Subdivision

Amenities

  • Common Area
  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,787

Year Built

Built in 2007

Lot Details

0

HOA Fees

$299 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2018-03-09
  • Year Built: 2007
  • Remarks Public: Due to the mix of commercial/residential, Cannot get FHA, VA, Fannie, Freddie financing.Must do cash or a bank portfolio loan, some credit unions offer pretty good terms. There are lenders who can do that and we will happy to provide the names.Beautiful 2 Bedroom top floor condo with loft. Spacious kitchen and luxurious living/family room! Secure 4th floor living (elevator to 4th floor only).
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Icemaker, Microwave, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked
  • Interior Amenities: Combination Kitchen/Living, Primary Bath(s), Elevator, Floor Plan - Open
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Room List: Primary Bedroom, Bedroom 2, Kitchen, Great Room, Loft
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1675
  • Living Area Sq Ft: 1675
  • Price Per Sq Ft: 98.51
  • Above Grade Finished Sq Ft: 1675
  • 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
  • Construction Materials: Brick
  • 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: Free, Unassigned

Utilities

  • Refuse: 34.42
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • 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: 299.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Elevator
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Lawn Maintenance, Insurance, Water
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: Yes
  • Senior Community: No

Schools

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

Lot Info

  • Improvement Assessed Value: 91000.00
  • Land Assessed Value: 39000.00
  • Property Attached Yn: Yes
  • Year Assessed: 2017
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14746564
  • Tax Annual Amount: 1786.66
  • Assessor Parcel Number: 17103864998
  • Tax Page Number: 71
  • Tax Total Finished Sq Ft: 1637
  • Tax Year: 2016
  • Close Date: 10/01/2018

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2018
Closed on
Oct 9, 2018
Sold by
Liang Guizhi and Yang Yonghui
Bought by
Marsh Zachary
Seller's Agent
Bin Tan
Unlimited Realty Services, LLC
Buyer's Agent
David Pard
Northrop Realty
List Price
$165,000
Sold Price
$155,000
Premium/Discount to List
-$10,000
-6.06%
Total Days on Market
173
Current Estimated Value
$290,253

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,253
Avg. Annual Appreciation
9.68%
Original Mortgage
$108,500
Outstanding Balance
$94,506
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$191,826

Purchase Details

Closed on
Oct 21, 2011
Sold by
Gfc Development Llc
Bought by
Liang Guizhi and Yang Yonghui

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
Marsh Zachary $155,000 Old Republic Title Ins Co
Liang Guizhi $99,000 Nations Title Of Md Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marsh Zachary $108,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2018 10/01/18 Sold $155,000 -6.1% $93 / Sq Ft
08/30/2018 08/30/18 Pending -- -- --
07/20/2018 07/20/18 For Sale $165,000 +6.5% $99 / Sq Ft
07/10/2018 07/10/18 Off Market $155,000 -- --
06/26/2018 06/26/18 Price Changed $165,000 -2.9% $99 / Sq Ft
06/09/2018 06/09/18 For Sale $170,000 0.0% $101 / Sq Ft
04/09/2018 04/09/18 Pending -- -- --
03/09/2018 03/09/18 For Sale $170,000 -- $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 $3,657 $195,767 $0 $0
2023 $3,219 $173,033 $0 $0
2022 $2,779 $150,300 $45,000 $105,300
2021 $2,640 $143,533 $0 $0
2020 $5,034 $136,767 $0 $0
2019 $2,547 $130,000 $39,000 $91,000
2018 $2,192 $118,333 $0 $0
2017 $1,585 $106,667 $0 $0
2016 -- $95,000 $0 $0
2015 $2,890 $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: 1000244420

Bright MLS

APN: 10-3864998