$480,000
SOLD SEP 3, 2024

7106 Lory Ln Lanham, MD 20706

3 Beds
2.5 Baths
1,424 Sq Ft
0.31 Acres

Recently Sold

$337 Per Sq Ft

2% Below List Price

4 Days on Market

Highlights

  • Rambler Architecture
  • 1 Fireplace
  • 1 Car Attached Garage
  • Wood Flooring
  • No HOA
  • Home Security System

About This Home

As of September 2024

Welcome home to the Martins Woods community! This property features many upgrades and welcomes its new owner. You will appreciate the amount of storage space the property has to offer and how well maintained it is.

Last Agent to Sell the Property

YOLANDA ALLEN

EXIT ESSENTIALS REALTY, LLC License #677876 Listed on: 06/23/2024

Last Buyer's Agent

Ernest Jones Jr

EXP Realty, LLC License #664568

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,608

Year Built

  • Built in 1963

Lot Details

  • 0.31 Acre Lot
  • Property is in very good condition
  • Property is zoned RR

Parking

  • 1 Car Attached Garage
  • Front Facing Garage

Home Design

  • Rambler Architecture
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 2 Levels
  • 1 Fireplace
  • Home Security System
  • Finished Basement

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association
  • Martins Woods Subdivision

Listing and Financial Details

  • Tax Lot 17
  • Assessor Parcel Number 17202273589

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,608

Year Built

Built in 1963

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main
  • Expected On Market: 2024-06-23
  • Federal Flood Zone: No
  • Year Built: 1963
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome home to the Martins Woods community! This property features many upgrades and welcomes its new owner. You will appreciate the amount of storage space the property has to offer and how well maintained it is.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Hardwood, Carpet
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Fully Finished
  • Laundry Type: Has Laundry
  • Total Sq Ft: 2800
  • Living Area Sq Ft: 1424
  • Price Per Sq Ft: 344.03
  • Above Grade Finished Sq Ft: 1424
  • Below Grade Sq Ft: 1376
  • Total Below Grade Sq Ft: 1376
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7106

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: Asphalt
  • Spa: No
  • 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
  • Parking Features: Concrete Driveway
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Utilities: Natural Gas Available, Electric Available
  • Water Source: Public
  • Municipal Trash: Yes
  • Internet Services: Fiber Optic

Condo/Co-op/Association

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

Schools

  • School District: PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
  • School District Key: 121137599599
  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Land Use Code: R
  • Lot Size Acres: 0.31
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13457.00
  • Property Condition: Very Good
  • Year Assessed: 2024
  • Zoning: RR
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 3608.00
  • Assessor Parcel Number: 17202273589
  • Tax Lot: 17
  • Tax Total Finished Sq Ft: 1424
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 09/03/2024

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2024
Closed on
Sep 3, 2024
Sold by
Smith Yolanda V and Allen Yolanda V
Bought by
Wilbanks Tara Colette and Jones Ernest
Seller's Agent
YOLANDA ALLEN
EXIT ESSENTIALS REALTY, LLC
Buyer's Agent
Ernest Jones Jr
EXP Realty, LLC
List Price
$489,900
Sold Price
$480,000
Premium/Discount to List
-$9,900
-2.02%
Views
38
Current Estimated Value
$493,425

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,425
Avg. Annual Appreciation
1.46%
Original Mortgage
$325,000
Outstanding Balance
$322,906
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$163,964

Purchase Details

Closed on
Dec 7, 2004
Sold by
Tylec Jeffrey L
Bought by
Smith Yolanda V

Purchase Details

Closed on
May 29, 1979
Sold by
Boncarosky Myron
Bought by
Tylec Jeffrey L and Tylec Karen F
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $480,000 Old Republic National Title In
Deed $324,950 --
Deed $81,800 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $325,000 New Conventional
Previous Owner $246,500 New Conventional
Previous Owner $284,500 New Conventional
Previous Owner $280,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $254,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2024 09/03/24 Sold $480,000 -2.0% $337 / Sq Ft
06/28/2024 06/28/24 Pending -- -- --
06/23/2024 06/23/24 For Sale $489,900 -- $344 / 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 $5,609 $350,600 $0 $0
2023 $3,608 $324,500 $71,800 $252,700
2022 $5,108 $317,000 $0 $0
2021 $4,997 $309,500 $0 $0
2020 $4,886 $302,000 $70,900 $231,100
2019 $4,539 $278,700 $0 $0
2018 $4,193 $255,400 $0 $0
2017 $3,847 $232,100 $0 $0
2016 -- $224,600 $0 $0
2015 $5,015 $217,100 $0 $0
2014 $5,015 $209,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDPG2117104

Bright MLS

APN: 20-2273589