NOT LISTED FOR SALE

7304 Lois Ln Lanham, MD 20706

Estimated Value: $458,720 - $500,000

4 Beds
3 Baths
1,366 Sq Ft
$351/Sq Ft Est. Value

Last Sold May 24, 2013

Last sale price $240,000 $176 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $2,902/month

77 Days on Market

Highlights

  • Rambler Architecture
  • Main Floor Bedroom
  • Workshop
  • Wood Flooring
  • 1 Fireplace
  • No HOA

About This Home

As of May 2013

Attractive 4 br, 3 ba rambler* close to DC & Baltimore* within 5 mi to NASA, Univ of MD, Beltway, Metro & B/W Pkwy* lge din rm w/pass thru fm kit** 3 full upscaled baths* knotty pine rec rm w/fp & wet bar* lg private treed yd great for kids & dog* walk to library & school* rent and rent with option*

Last Agent to Sell the Property

Selma Jager

selma.jager@longandfoster.com Long & Foster Real Estate, Inc. Listed on: 01/18/2013

Last Buyer's Agent

Babbie Adewole

(240) 832-2418 b_adewole@yahoo.com Tower Executives Realty License #508574

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,306

Year Built

  • Built in 1961

Lot Details

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

Parking

  • 1 Car Attached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Rambler Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 2 Levels
  • Wet Bar
  • Built-In Features
  • 1 Fireplace
  • Window Treatments
  • Dining Area
  • Workshop
  • Wood Flooring

Kitchen

  • Built-In Oven
  • Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Rear Basement Entry
  • Sump Pump
  • Workshop

Utilities

  • 90% Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 17202237006

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,306

Year Built

Built in 1961

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Oven - Wall, Refrigerator, Washer
  • Interior Amenities: Dining Area, Master Bath(s), Built-Ins, Window Treatments, Entry Level Bedroom, Wet/Dry Bar, Wood Floors
  • Fireplace Features: Equipment
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Laundry, Workshop, Bedroom 6
  • Basement: Yes
  • Basement Type: Connecting Stairway, Rear Entrance, Sump Pump, Full, Fully Finished, Workshop
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Construction Materials: Brick
  • Construction Completed: 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: Garage, Paved Driveway
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street, Driveway, Attached Garage

Utilities

  • Refuse: 21.51
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: 90% 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: 135300.00
  • Land Assessed Value: 70800.00
  • Lot Size Acres: 0.29
  • Lot Size Area: 12740
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12740.00
  • Property Condition: Very Good
  • Zoning: RR

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14654696
  • Tax Annual Amount: 3305.61
  • Assessor Parcel Number: 17202237006
  • Tax Lot: 11
  • Tax Page Number: 405
  • County Tax Payment Frequency: Annually
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2013
Closed on
May 24, 2013
Sold by
Werner Lawrence E and Werner Louise M
Bought by
Gray Victoria O
Seller's Agent
Selma Jager
Long & Foster Real Estate, Inc.
Buyer's Agent
Babbie Adewole
Tower Executives Realty
List Price
$265,000
Sold Price
$240,000
Premium/Discount to List
-$25,000
-9.43%
Current Estimated Value
$478,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$238,930
Avg. Annual Appreciation
5.66%
Original Mortgage
$235,653
Outstanding Balance
$165,249
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$313,681

Purchase Details

Closed on
Jan 29, 1987
Sold by
Gosnell William M
Bought by
Werner Lawerence E and Werner Louise M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Gray Victoria O $240,000 Commonwealth Land Title Insu
Werner Lawerence E $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gray Victoria O $235,653
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2013 05/24/13 Sold $240,000 -9.8% $176 / Sq Ft
04/16/2013 04/16/13 Price Changed $266,000 +0.4% $195 / Sq Ft
04/05/2013 04/05/13 Pending -- -- --
04/02/2013 04/02/13 For Sale $265,000 +10.4% $194 / Sq Ft
02/17/2013 02/17/13 Off Market $240,000 -- --
02/06/2013 02/06/13 For Sale $265,000 +10.4% $194 / Sq Ft
02/04/2013 02/04/13 Off Market $240,000 -- --
01/18/2013 01/18/13 For Sale $265,000 0.0% $194 / Sq Ft
01/25/2012 01/25/12 Rented $1,800 0.0% --
01/25/2012 01/25/12 Under Contract -- -- --
12/07/2011 12/07/11 For Rent $1,800 -- --
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 $4,685 $370,633 -- --
2024 $4,685 $344,967 $0 $0
2023 $3,551 $319,300 $71,700 $247,600
2022 $4,327 $312,000 $0 $0
2021 $4,177 $304,700 $0 $0
2020 $4,118 $297,400 $70,800 $226,600
2019 $3,961 $274,267 $0 $0
2018 $3,783 $251,133 $0 $0
2017 $3,629 $228,000 $0 $0
2016 -- $220,700 $0 $0
2015 $4,956 $213,400 $0 $0
2014 $4,956 $206,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003314742

Bright MLS

APN: 20-2237006