NOT LISTED FOR SALE

7010 Locust Ct Owings, MD 20736

Estimated Value: $480,000 - $585,948

3 Beds
2 Baths
1,891 Sq Ft
$272/Sq Ft Est. Value

Last Sold December 01, 2020

Last sale price $349,253 $185 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $3,125/month

38 Days on Market

Highlights

  • View of Trees or Woods
  • 8.61 Acre Lot
  • Raised Ranch Architecture
  • Sunderland Elementary School Rated A-
  • Secluded Lot
  • 1 Fireplace

About This Home

As of December 2020

Investor / Handyman - There is a ton of potential here! It needs a lot of work, however, it has great bones and is in a very desirable area and neighborhood! Sits on a large private 8.61 acre lot. Rambler on a full unfinished basement with rough in and a detached garage. Bring your creative vision as to what this can be! Perfect for a FHA 203K or a construction loan.

Last Agent to Sell the Property

Paul Lee

Long & Foster Real Estate, Inc. License #76541 Listed on: 07/17/2020

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Antonella Costa

Samson Properties License #663808

Samson Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,414

Year Built

  • Built in 1978

Lot Details

  • 8.61 Acre Lot
  • Secluded Lot
  • Property is zoned RUR

Parking

  • 2 Car Detached Garage
  • 4 Driveway Spaces
  • Oversized Parking
  • Front Facing Garage

Home Design

  • Raised Ranch Architecture
  • Fixer Upper
  • Brick Exterior Construction
  • Aluminum Siding

Interior Spaces

  • 1,891 Sq Ft Home
  • Property has 2 Levels
  • Central Vacuum
  • 1 Fireplace
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Views of Woods
  • Galley Kitchen
  • Basement

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Accessible Home Design

  • Doors are 32 inches wide or more

Utilities

  • Forced Air Heating System
  • Heating unit installed on the ceiling
  • Heating System Uses Oil
  • Heat Pump System
  • Back Up Electric Heat Pump System
  • Well
  • Electric Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association
  • The Meadows Subdivision

Listing and Financial Details

  • Tax Lot 34
  • Assessor Parcel Number 0502095203

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,414

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Raised Ranch/Rambler
  • Accessibility Features: 32"+ Wide Doors
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Year Built: 1978
  • Automatically Close On Close Date: No
  • Remarks Public: Investor / Handyman - There is a ton of potential here! It needs a lot of work, however, it has great bones and is in a very desirable area and neighborhood! Sits on a large private 8.61 acre lot. Rambler on a full unfinished basement with rough in and a detached garage. Bring your creative vision as to what this can be! Perfect for a FHA 203K or a construction loan.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Central Vacuum, Combination Dining/Living, Dining Area, Family Room Off Kitchen, Kitchen - Galley
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Basement: Yes
  • Total Sq Ft: 1891
  • Living Area Sq Ft: 1891
  • Price Per Sq Ft: 200.92
  • Above Grade Finished Sq Ft: 1891
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7010

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • 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, Aluminum Siding
  • View: Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry, Oversized
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Detached Garage, Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Refuse: 350.00
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric, Oil
  • Heating Type: Heat Pump - Electric Backup, Ceiling, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: CALVERT COUNTY PUBLIC SCHOOLS
  • School District Key: 121139842846
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 190600.00
  • Land Assessed Value: 201200.00
  • Land Use Code: 010
  • Lot Features: Secluded
  • Lot Size Acres: 8.61
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 375052.00
  • Property Condition: Major Rehab Needed
  • Year Assessed: 2020
  • Zoning: RUR
  • In City Limits: No

Rental Info

  • Lease Considered: No
  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 14966191
  • Tax Annual Amount: 4414.00
  • Assessor Parcel Number: 0502095203
  • Tax Lot: 34
  • Tax Total Finished Sq Ft: 1891
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 12/01/2020

MLS Schools

  • School District Name: CALVERT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2020
Closed on
Dec 1, 2020
Sold by
Loratto Julia B and Loratto Robert J
Bought by
Guerra Roberto
Seller's Agent
Paul Lee
Long & Foster Real Estate, Inc.
Buyer's Agent
Antonella Costa
Samson Properties
List Price
$379,934
Sold Price
$349,253
Premium/Discount to List
-$30,681
-8.08%
Total Days on Market
38
Current Estimated Value
$513,737

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,484
Avg. Annual Appreciation
8.85%
Original Mortgage
$338,775
Interest Rate
2.7%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Guerra Roberto $349,253 Jacquies Title Group
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Guerra Roberto $338,775
Previous Owner Loratto Robert J $600,000
Previous Owner Loratto Robert J $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2020 12/01/20 Sold $349,253 -8.1% $185 / Sq Ft
08/24/2020 08/24/20 Pending -- -- --
07/17/2020 07/17/20 For Sale $379,934 -- $201 / 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 $4,774 $422,333 $0 $0
2023 $4,443 $407,067 $0 $0
2022 $4,282 $391,800 $201,200 $190,600
2021 $8,564 $387,667 $0 $0
2020 $5,302 $383,533 $0 $0
2019 $3,980 $379,400 $201,200 $178,200
2018 $3,861 $368,067 $0 $0
2017 $3,858 $356,733 $0 $0
2016 -- $345,400 $0 $0
2015 $3,456 $345,400 $0 $0
2014 $3,456 $345,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDCA177574

Bright MLS

APN: 02-095203