NOT LISTED FOR SALE

7012 Good Luck Rd Lanham, MD 20706

Estimated Value: $429,000 - $498,000

4 Beds
3 Baths
1,600 Sq Ft
$290/Sq Ft Est. Value

Last Sold December 27, 2013

Last sale price $173,000 $108 Per Sq Ft

Est. 168% increase in value since last sale

Current estimated payment $2,929/month

188 Days on Market

Highlights

  • 0.15 Acre Lot
  • No HOA
  • Forced Air Heating and Cooling System
  • 1 Fireplace
  • Eat-In Kitchen
  • Dining Area

About This Home

As of December 2013

Spacious 4 Level Split w/ 4BR, 3BA in great location. Family Rm w/ brick FP. Separate Dining Rm. This is a Fannie Mae HomePath property. Purchase for as little as 5% down. Approved for HomePath Renovation Loan.

Last Agent to Sell the Property

Mike Lavin

(301) 938-2980 jmikelavin@gmail.com Home Source Real Estate Solutions Listed on: 04/05/2013

Last Buyer's Agent

Maurice Melbourne

(202) 327-1367 realtor.melbourne@gmail.com Opulence Realty Solutions LLC License #592089

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,403

Year Built

  • Built in 1963

Lot Details

  • 6,500 Sq Ft Lot
  • Property is in below average condition
  • Property is zoned R55

Parking

  • Off-Street Parking

Home Design

  • Split Level Home
  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Dining Area
  • Unfinished Basement
  • Connecting Stairway
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom
  • 3 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Good Luck Estates Subdivision

Listing and Financial Details

  • Tax Lot 48
  • Assessor Parcel Number 17212368652

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,403

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Level
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1963
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen - Table Space, Dining Area, Primary Bath(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Connecting Stairway, Unfinished
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00

Exterior Features

  • Construction Materials: Combination, Brick
  • Construction Completed: No
  • Roof: Composite
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Refuse: 21.51
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 81200.00
  • Land Assessed Value: 100200.00
  • Lot Size Acres: 0.15
  • Lot Size Area: 6500
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6500.00
  • Property Condition: Below Average
  • Zoning: R55

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14701785
  • Tax Annual Amount: 3402.92
  • Assessor Parcel Number: 17212368652
  • Tax Lot: 48
  • County Tax Payment Frequency: Annually
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2013
Closed on
Dec 19, 2013
Sold by
Federal National Mortgage Association
Bought by
Paz Gutierrez Suyapa
Seller's Agent
Mike Lavin
Home Source Real Estate Solutions
Buyer's Agent
Maurice Melbourne
Opulence Realty Solutions LLC
List Price
$199,000
Sold Price
$173,000
Premium/Discount to List
-$26,000
-13.07%
Current Estimated Value
$464,422

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$291,422
Avg. Annual Appreciation
8.55%
Original Mortgage
$195,657
Outstanding Balance
$146,700
Interest Rate
4.29%
Mortgage Type
FHA
Estimated Equity
$317,722

Purchase Details

Closed on
Feb 25, 2013
Sold by
Woods Samuel B
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 18, 2005
Sold by
Woolridge Carl T
Bought by
Woods Samuel B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,600
Interest Rate
6.45%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 31, 1996
Sold by
Moore Moore E
Bought by
Woolridge Carl T and Woolridge Doris A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Paz Gutierrez Suyapa $173,000 Servicelink
Federal National Mortgage Association -- None Available
Woods Samuel B $365,000 --
Woolridge Carl T $143,750 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paz Gutierrez Suyapa $195,657
Previous Owner Woods Samuel B $289,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/27/2013 12/27/13 Sold $173,000 -3.8% $108 / Sq Ft
10/10/2013 10/10/13 Pending -- -- --
10/07/2013 10/07/13 Price Changed $179,900 -9.6% $112 / Sq Ft
09/16/2013 09/16/13 For Sale $199,000 0.0% $124 / Sq Ft
09/13/2013 09/13/13 For Sale $199,000 0.0% $124 / Sq Ft
09/10/2013 09/10/13 Pending -- -- --
09/06/2013 09/06/13 Pending -- -- --
08/21/2013 08/21/13 For Sale $199,000 0.0% $124 / Sq Ft
08/16/2013 08/16/13 Pending -- -- --
07/11/2013 07/11/13 For Sale $199,000 0.0% $124 / Sq Ft
06/13/2013 06/13/13 Pending -- -- --
05/29/2013 05/29/13 Price Changed $199,000 -9.1% $124 / Sq Ft
04/05/2013 04/05/13 For Sale $219,000 -- $137 / 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 $6,028 $390,633 -- --
2024 $6,028 $378,800 $125,500 $253,300
2023 $5,634 $352,367 $0 $0
2022 $5,241 $325,933 $0 $0
2021 $4,848 $299,500 $125,200 $174,300
2020 $4,588 $282,000 $0 $0
2019 $4,328 $264,500 $0 $0
2018 $4,068 $247,000 $100,200 $146,800
2017 $3,743 $225,133 $0 $0
2016 -- $203,267 $0 $0
2015 $3,394 $181,400 $0 $0
2014 $3,394 $181,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003437254

Bright MLS

APN: 21-2368652