NOT LISTED FOR SALE

7005 Storch Ln Lanham, MD 20706

Estimated Value: $432,000 - $443,000

3 Beds
3.5 Baths
2,010 Sq Ft
$217/Sq Ft Est. Value

Last Sold August 23, 2021

Last sale price $385,000 $192 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,793/month

4 Days on Market

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • Living Room
  • Recreation Room
  • 1 Car Attached Garage
  • Dining Room

About This Home

As of August 2021

The sellers pride of ownership shows everywhere in this home and your most discriminating buyers will be delighted to preview this beautiful three level, brick front, end of group townhouse. Enter the tiled foyer to a large room with the flexibility to be a 4th bedroom or a recreation room. Full bath, fireplace, garage access and walk out to back yard complete the above ground lower level. Move up one flight to the main level and you're greated with gleaming hardwoods in the sunken living room, dining room and updated kitchen with eating area. Oversized maintenance free deck with easy access from the kitchen sliding glass doors. Three generous sized bedrooms and two full baths complete the upper level. Location, price, condition are the three most important considerations in buying a home and 7005 Storch Ln hits them all out of the park. When you preview this property you can easily imagine yourself living here. Newer roof, windows, HVAC, HWH, convey to make a buyer's purchase easy going forward. Don't miss out.

Last Agent to Sell the Property

Richard Iarossi

(443) 995-9595 Rich@RichSellsHomes.com CENTURY 21 New Millennium License #531132 Listed on: 07/23/2021

CENTURY 21 New Millennium

Last Buyer's Agent

MICHAEL ADEMESO

(786) 602-6769 mykeesho@gmail.com HomeSmart License #673155

HomeSmart

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,291

Year Built

  • Built in 1984

Lot Details

  • 2,840 Sq Ft Lot

HOA Fees

  • $55 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Front Facing Garage
  • Driveway
  • On-Street Parking

Home Design

  • Colonial Architecture

Interior Spaces

  • 2,010 Sq Ft Home
  • Property has 3 Levels
  • 1 Fireplace
  • Living Room
  • Dining Room
  • Recreation Room
  • Partially Finished Basement
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Heat Pump System
  • Electric Water Heater

Community Details

  • Woodstream East Subdivision

Listing and Financial Details

  • Tax Lot 341
  • Assessor Parcel Number 17141691849

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,291

Year Built

Built in 1984

Lot Details

0

HOA Fees

$55 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2021-07-23
  • Federal Flood Zone: No
  • Year Built: 1984
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Fireplaces Count: 1
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1, Recreation Room, Bathroom 1, Bathroom 2, Bathroom 3, Primary Bathroom
  • Basement: Yes
  • Basement Type: Partially Finished, Walkout Level
  • Total Sq Ft: 2010
  • Living Area Sq Ft: 2010
  • Price Per Sq Ft: 186.57
  • Above Grade Finished Sq Ft: 2010
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage, Driveway, On Street

Utilities

  • Refuse: 354.00
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • 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

  • HOA Fees: 55.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 199100.00
  • Land Assessed Value: 75000.00
  • Lot Size Acres: 0.07
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2840.00
  • Zoning: RT
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14595178
  • Tax Annual Amount: 4291.00
  • Assessor Parcel Number: 17141691849
  • Tax Lot: 341
  • Tax Page Number: 598
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2021
Closed on
Aug 20, 2021
Sold by
Adebiyi Awawu A
Bought by
Akerele Ademola A
Seller's Agent
Richard Iarossi
CENTURY 21 New Millennium
Buyer's Agent
MICHAEL ADEMESO
HomeSmart
List Price
$375,000
Sold Price
$385,000
Premium/Discount to List
$10,000
2.67%
Current Estimated Value
$437,018

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,018
Avg. Annual Appreciation
3.03%
Original Mortgage
$373,450
Outstanding Balance
$338,553
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$98,465

Purchase Details

Closed on
Oct 5, 2012
Sold by
Adebiyi Awawu A and Adebiyi Moriamo M
Bought by
Adebiyi Awawu A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,583
Interest Rate
2.62%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 15, 2004
Sold by
Riouxdolores M Trustee
Bought by
Adebiyi Awawu A

Purchase Details

Closed on
Jan 6, 1997
Sold by
Rioux Marie C D
Bought by
Rioux Dolores M Trustee
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Akerele Ademola A $385,000 Prime Title Group Llc
Adebiyi Awawu A -- None Available
Adebiyi Awawu A $245,000 --
Rioux Dolores M Trustee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Akerele Ademola A $373,450
Previous Owner Adebiyi Awawu A $217,583
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2021 08/23/21 Sold $385,000 +2.7% $192 / Sq Ft
07/28/2021 07/28/21 Pending -- -- --
07/23/2021 07/23/21 For Sale $375,000 -- $187 / 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
2025 $5,353 $363,900 $75,000 $288,900
2024 $5,353 $333,967 $0 $0
2023 $4,907 $304,033 $0 $0
2022 $4,463 $274,100 $75,000 $199,100
2021 $3,750 $268,333 $0 $0
2020 $3,702 $262,567 $0 $0
2019 $3,677 $256,800 $100,000 $156,800
2018 $3,428 $239,167 $0 $0
2017 $3,262 $221,533 $0 $0
2016 -- $203,900 $0 $0
2015 $3,012 $203,900 $0 $0
2014 $3,012 $203,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDPG2004982

Bright MLS

APN: 14-1691849