NOT LISTED FOR SALE

706 Fairlawn Ave Laurel, MD 20707

Estimated Value: $436,000 - $465,000

5 Beds
3 Baths
1,038 Sq Ft
$434/Sq Ft Est. Value

Last Sold January 31, 2013

Last sale price $330,000 $318 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $2,607/month

16 Days on Market

Highlights

  • No HOA
  • Property is in very good condition
  • En-Suite Bathroom
  • Central Heating and Cooling System
  • Dining Area

About This Home

As of January 2013

Charming 5BR/3BA split foyer in great condition. Home features new w/w carpet, freshly painted, updated kitchen and baths, deck off dining room, fin basement with 2 spacious bedrooms and much more! THIS IS A FANNIE MAE HOMEPATH PROPERTY and qualifies for homepath financing. Purchase this home with as little as 3% down.

Last Agent to Sell the Property

Sonya Abney

Cosmopolitan Properties Real Estate Brokerage Listed on: 11/28/2012

Last Buyer's Agent

Linda C. Smith

Samson Properties License #BR722127

Samson Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,489

Year Built

  • Built in 1996

Lot Details

  • 5,300 Sq Ft Lot
  • Property is in very good condition
  • Property is zoned R20

Parking

  • Off-Street Parking

Home Design

  • Split Foyer
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • Dining Area

Kitchen

  • Gas Oven or Range
  • Range Hood
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms
  • En-Suite Bathroom
  • 3 Full Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Side Basement Entry
  • Natural lighting in basement

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 59
  • Assessor Parcel Number 17101088194

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,489

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Foyer
  • Ownership: Fee Simple
  • 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: 1996
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Oven/Range - Gas, Range Hood
  • Interior Amenities: Dining Area, Master Bath(s)
  • Fireplace: No
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Side Entrance, Daylight, Full, Full, Fully Finished
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 3
  • Lower Level Bedroom: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 2

Exterior Features

  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • 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

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

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 160200.00
  • Land Assessed Value: 75100.00
  • Lot Size Acres: 0.12
  • Lot Size Area: 5300
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5300.00
  • Property Condition: Very Good
  • Year Assessed: 2012
  • Zoning: R20
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14550538
  • Tax Annual Amount: 4488.52
  • Assessor Parcel Number: 17101088194
  • Tax Lot: 59
  • Tax Page Number: 533
  • Tax Total Finished Sq Ft: 1038
  • County Tax Payment Frequency: Annually
  • Tax Year: 2011
  • Close Date: 01/31/2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2012
Closed on
Jan 1, 2013
Sold by
Fannie Mae
Bought by
Elphage Elmarine
Seller's Agent
Sonya Abney
Cosmopolitan Properties Real Estate Brokerage
Buyer's Agent
Linda C. Smith
Samson Properties
List Price
$274,000
Sold Price
$330,000
Premium/Discount to List
$56,000
20.44%
Total Days on Market
16
Current Estimated Value
$450,491

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,491
Avg. Annual Appreciation
2.49%
Original Mortgage
$249,287
Outstanding Balance
$176,635
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$270,314

Purchase Details

Closed on
Aug 28, 2012
Sold by
Bowen Jerry L and Bowen Nancy Sue
Bought by
Fannie Mae and Federal National Mortgage Association

Purchase Details

Closed on
Jun 12, 1996
Sold by
Hansen Vendita M
Bought by
Bowen Jerry L and Bowen Nancy S
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
Elphage Elmarine $265,000 Servicelink
Fannie Mae $270,000 None Available
Bowen Jerry L $151,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elphage Elmarine $249,287
Previous Owner Bowen Jerry L $270,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2013 01/31/13 Sold $330,000 +20.4% $318 / Sq Ft
12/14/2012 12/14/12 Pending -- -- --
11/28/2012 11/28/12 For Sale $274,000 -- $264 / 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 $2,587 $393,567 $0 $0
2023 $5,921 $381,533 $0 $0
2022 $1,494 $369,500 $100,200 $269,300
2021 $5,025 $329,267 $0 $0
2020 $4,728 $289,033 $0 $0
2019 $4,444 $248,800 $75,100 $173,700
2018 $4,310 $240,400 $0 $0
2017 $4,202 $232,000 $0 $0
2016 -- $223,600 $0 $0
2015 $4,766 $223,600 $0 $0
2014 $4,766 $223,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004229740

Bright MLS

APN: 10-1088194