NOT LISTED FOR SALE

7304 Finns Ln Lanham, MD 20706

Estimated Value: $428,000 - $448,426

5 Beds
2 Baths
1,152 Sq Ft
$382/Sq Ft Est. Value

Last Sold December 27, 2021

Last sale price $340,000 $295 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $2,768/month

Highlights

  • City View
  • Traditional Floor Plan
  • Backs to Trees or Woods
  • Deck
  • Rambler Architecture
  • No HOA

About This Home

As of December 2021

PRICE DROP - MOTIVATED SELLER!!! This cozy two-level rambler is ideal for the buyer who wants easy access to public transportation. The house offers a spacious family room with a fire place, kitchen and a dining area. Brand new roof, new HVAC, new boiler, new carpet, freshly painted and new counter top and ADT alarm, The basement also boost of two bedrooms, large closets and a second fire place. Enjoy sitting outside on the new deck in the privacy of the rear yard. Solar Panels-Leased (Tesla).

Last Agent to Sell the Property

TJ Owolabi

(240) 888-3075 tjowolabi@hotmail.com HomeSmart License #582334 Listed on: 10/14/2021

HomeSmart

Last Buyer's Agent

Sam Sadeghi

(301) 814-5044 Sam@TheCarbyneGroup.com Samson Properties License #0225260380

Samson Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,335

Year Built

  • Built in 1954 | Remodeled in 2021

Lot Details

  • 0.28 Acre Lot
  • North Facing Home
  • Wire Fence
  • Backs to Trees or Woods
  • Property is in good condition
  • Property is zoned RR

Home Design

  • Rambler Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Plaster Walls
  • Asphalt Roof

Interior Spaces

  • 1,152 Sq Ft Home
  • Property has 2 Levels
  • Traditional Floor Plan
  • Fireplace
  • Combination Dining and Living Room
  • City Views
  • Fire and Smoke Detector

Kitchen

  • Self-Cleaning Oven
  • Dishwasher
  • Instant Hot Water

Bedrooms and Bathrooms

Laundry

  • Dryer
  • ENERGY STAR Qualified Washer

Finished Basement

  • Walk-Out Basement
  • Laundry in Basement

Parking

  • 2 Parking Spaces
  • 2 Detached Carport Spaces
  • Brick Driveway

Accessible Home Design

  • Level Entry For Accessibility

Eco-Friendly Details

  • Solar Water Heater
  • Heating system powered by active solar

Outdoor Features

  • Deck
  • Outdoor Storage

Schools

  • Magnolia Elementary School
  • Thomas Johnson Middle School
  • Du Val High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Baseboard Heater
  • Municipal Trash

Community Details

  • No Home Owners Association
  • Martins Woods Subdivision

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 17202235059

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,335

Year Built

Built in 1954 | Remodeled in 2021

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • Exclusions: Canopies on the deck will be removed prior to closing.
  • Home Warranty: No
  • Inclusions: Parking included in list price
  • New Construction: No
  • Story List: Lower 1, Main
  • Federal Flood Zone: No
  • Year Built: 1954
  • Year Renovated: 2021
  • Automatically Close On Close Date: No
  • Building Winterized: Yes
  • Remarks Public: PRICE DROP - MOTIVATED SELLER!!! This cozy two-level rambler is ideal for the buyer who wants easy access to public transportation. The house offers a spacious family room with a fire place, kitchen and a dining area. Brand new roof, new HVAC, new boiler, new carpet, freshly painted and new counter top and ADT alarm, The basement also boost of two bedrooms, large closets and a second fire place. Enjoy sitting outside on the new deck in the privacy of the rear yard. Solar Panels-Leased (Tesla).
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Energy Star Clothes Washer, Oven - Self Cleaning, Refrigerator, Water Heater
  • Interior Amenities: Combination Dining/Living, Floor Plan - Traditional
  • Fireplace: Yes
  • Wall Ceiling Types: Plaster Walls
  • Foundation Details: Block
  • Levels Count: 2
  • Room List: Bedroom 3
  • Basement: Yes
  • Basement Type: Fully Finished, Walkout Level
  • Laundry Type: Basement
  • Total Sq Ft: 1152
  • Living Area Sq Ft: 1152
  • Price Per Sq Ft: 325.52
  • Above Grade Finished Sq Ft: 1152
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7304

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Exterior Features: Secure Storage
  • Roof: Asphalt
  • Spa: No
  • View: City
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Carport Spaces: 2
  • Garage: No
  • Parking Features: Brick Driveway
  • Number Of Detached Carport Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Carport

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Central
  • Heating Type: Baseboard - Electric, Solar - Active, Forced Air, Central
  • Heating: Yes
  • Hot Water: Solar, Instant Hot Water
  • Security: Fire Detection System, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

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
  • Elementary School: MAGNOLIA
  • Middle School: THOMAS JOHNSON
  • High School: DU VAL
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121137599599
  • School District Source: Listing Agent
  • Elementary School: MAGNOLIA
  • High School: DU VAL
  • Middle Or Junior School: THOMAS JOHNSON

Lot Info

  • Fencing: Wire
  • Lot Features: Backs To Trees
  • Lot Size Acres: 0.28
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12220.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Good
  • Year Assessed: 2021
  • Zoning: RR
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Assessor Parcel Number: 14634853
  • Tax Annual Amount: 4335.00
  • Assessor Parcel Number: 17202235059
  • Tax Lot: 8
  • Tax Year: 2020
  • Close Date: 12/27/2021

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2021
Closed on
Dec 27, 2021
Sold by
Abraham Oluwasanmi M
Bought by
Liam T Llc
Seller's Agent
TJ Owolabi
HomeSmart
Buyer's Agent
Sam Sadeghi
Samson Properties
List Price
$407,000
Sold Price
$340,000
Premium/Discount to List
-$67,000
-16.46%
Current Estimated Value
$440,107

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,107
Avg. Annual Appreciation
6.99%

Purchase Details

Closed on
Dec 30, 2002
Sold by
Secretary Of Veterans Affairs
Bought by
Fashoyin Abraham

Purchase Details

Closed on
Aug 2, 2002
Sold by
Diggs Linda V and Diggs Robert J
Bought by
Secretary Of Veterans Affairs

Purchase Details

Closed on
Aug 7, 2000
Sold by
Diggs Robert J
Bought by
Diggs Linda V and Diggs Robert J

Purchase Details

Closed on
Jan 13, 1994
Sold by
Mckenzie Nancy D
Bought by
Diggs Robert J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,750
Interest Rate
7.22%
Source: Public Records

Range of Values:

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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
Liam T Llc $340,000 First American Title
Fashoyin Abraham $179,900 --
Secretary Of Veterans Affairs $141,008 --
Diggs Linda V -- --
Diggs Robert J $158,750 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Diggs Robert J $158,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/27/2021 12/27/21 Sold $340,000 -9.3% $295 / Sq Ft
11/30/2021 11/30/21 Pending -- -- --
11/19/2021 11/19/21 Price Changed $375,000 -3.1% $326 / Sq Ft
11/03/2021 11/03/21 Price Changed $387,000 -4.9% $336 / Sq Ft
10/14/2021 10/14/21 For Sale $407,000 -- $353 / 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 $5,306 $331,367 -- --
2024 $5,306 $330,233 $0 $0
2023 $5,288 $329,100 $71,600 $257,500
2022 $4,971 $307,733 $0 $0
2021 $4,653 $286,367 $0 $0
2020 $4,336 $265,000 $70,800 $194,200
2019 $3,541 $247,300 $0 $0
2018 $3,810 $229,600 $0 $0
2017 $3,465 $211,900 $0 $0
2016 -- $206,433 $0 $0
2015 $3,459 $200,967 $0 $0
2014 $3,459 $195,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDPG2000867

Bright MLS

APN: 20-2235059