NOT LISTED FOR SALE

7116 Lois Ln Lanham, MD 20706

Estimated Value: $422,000 - $575,000

3 Beds
1 Bath
2,632 Sq Ft
$191/Sq Ft Est. Value

Last Sold July 17, 2019

Last sale price $345,000 $131 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $3,254/month

About This Home

As of July 2019

Unit B is a beautiful 3 bedroom, 1 bathroom, rental in Prince George's County Maryland. It is 1361 square feet of living space with a 1 car garage. Don't let this cutie fool you. .. so much larger than it appears! Sitting on an unheard of and pristine park like half acre setting in Lanham. This home is divided into units A and B. and meticulously maintained featuring newer Thompson Creek windows and gutter systems, updated appliances, kitchen cabinets, granite counters, HVAC system and the most impeccable fully fenced in yard of dreams! This home has been lovingly cared. Excellent location near the public library, public transportation, shops, restaurants and easy access to DC, Baltimore or Annapolis. This home is a true gem and homes in this neighborhood are rarely available. Don't miss out on the opportunity to make unit B your new address. Better than apartment living!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2019
Closed on
Jul 17, 2019
Sold by
Daverede Alex J and Daverede Heidi M
Bought by
Amberetu Rose Esah
Seller's Agent
Shelby Warner
RE/MAX Leading Edge
Buyer's Agent
Femi Olugbile
Long & Foster Real Estate, Inc.
List Price
$349,900
Sold Price
$345,000
Premium/Discount to List
-$4,900
-1.4%
Current Estimated Value
$502,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,013
Avg. Annual Appreciation
6.31%
Original Mortgage
$260,000
Outstanding Balance
$230,207
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$262,003

Purchase Details

Closed on
Oct 1, 1992
Sold by
Frazier Ronald L
Bought by
Daverede Alex J and Daverede Heidi M

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Amberetu Rose Esah $345,000 Sim Titles Llc
Daverede Alex J $174,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Amberetu Rose Esah $260,000
Previous Owner Daverede Heidi M $120,000
Previous Owner Daverede Alex J $34,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2023 01/21/23 Rented $1,900 0.0% --
12/20/2022 12/20/22 Price Changed $1,900 -7.3% $1 / Sq Ft
12/07/2022 12/07/22 Price Changed $2,050 +10.8% $1 / Sq Ft
11/16/2022 11/16/22 For Rent $1,850 0.0% --
07/17/2019 07/17/19 Sold $345,000 -1.4% $131 / Sq Ft
06/14/2019 06/14/19 Pending -- -- --
06/12/2019 06/12/19 For Sale $349,900 -- $133 / Sq Ft

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 $5,638 $352,533 $0 $0
2023 $5,248 $326,400 $73,000 $253,400
2022 $5,130 $318,433 $0 $0
2021 $5,011 $310,467 $0 $0
2020 $9,786 $302,500 $71,500 $231,000
2019 $3,994 $278,900 $0 $0
2018 $3,717 $255,300 $0 $0
2017 $3,583 $231,700 $0 $0
2016 -- $224,233 $0 $0
2015 $3,695 $216,767 $0 $0
2014 $3,695 $209,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kay Dele

    Seller's Agent in 2023

    Kay Dele

    Cornerstone Properties and Financial Services LLC

    (301) 437-4630

    49 Total Sales

    Kay Dele
    Section Image
  • Shelby Warner

    Seller's Agent in 2019

    Shelby Warner

    RE/MAX

    (540) 238-9176

    101 Total Sales

    Shelby Warner
    Section Image
  • Femi Olugbile

    Buyer's Agent in 2019

    Femi Olugbile

    Long & Foster

    (301) 661-2289

    5 Total Sales

    Femi Olugbile
    Section Image
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Map

Maryland Prince George's County Lanham 20706

7116 Lois Ln, Lanham, MD

Homes for Sale in Lanham, MD

This home is located at 7116 Lois Ln, Lanham, MD 20706 and is currently estimated at $502,013, approximately $190 per square foot. 7116 Lois Ln is a home located in Prince George's County with nearby schools including Glenridge Elementary School, Charles Carroll Middle School, and Parkdale High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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