NOT LISTED FOR SALE

7314 Split Rail Ln Laurel, MD 20707

Estimated Value: $248,000 - $307,000

1 Bed
1 Bath
930 Sq Ft
$288/Sq Ft Est. Value

Last Sold June 24, 2022

Last sale price $250,000 $269 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,817/month

7 Days on Market

Highlights

  • Contemporary Architecture
  • Upgraded Countertops
  • Patio
  • Loft
  • Stainless Steel Appliances
  • Level Entry For Accessibility

About This Home

As of June 2022

Must see to appreciate! Beautifully updated 930 Sq. Ft. Townhouse in the sought after Stonewood Community. 2 story foyer, wood burning fireplace. Updated kitchen with brand new kitchen cabinets and granite countertops, New high end Samsung stainless steel appliances. New Premium flooring throughout. New carpet on stairs and in the Loft. Beautiful updated bathroom and Professionally painted throughout. Newer Trane HVAC Unit. Fenced in yard for privacy and entertainment. This townhouse is in a great location, conveniently located near all major highways. Low HOA Fee of $72.
***Townhouse Appraised $260,000***
Due to concerns about COVID-19 and courtesy to all parties , only decision makers should be present for showings (no more than 3 adults). Do not schedule or attend showing if anyone in your party exhibit cold/flu like systems or has been exposed to COVID-19.
Please make sure to turn off all the lights and return key to lockbox.
Please use provided show covers during showings.

Last Listed By

Jamil Rahman

Fairfax Realty Premier License #584691 Listed on: 03/30/2022

Fairfax Realty Premier

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,078

Year Built

  • Built in 1981

Lot Details

  • 2,376 Sq Ft Lot
  • Wood Fence

HOA Fees

  • $72 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Contemporary Architecture

Interior Spaces

  • 930 Sq Ft Home
  • Property has 2 Levels
  • Wood Burning Fireplace
  • Dining Area
  • Loft

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Level Entry For Accessibility
  • Patio

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 17101091891

Community Details

Overview

  • Stonewood Communty Assn. C/O Procom HOA, Phone Number (410) 721-0777
  • Millbrook Resub Plat Thr Subdivision

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,078

Year Built

Built in 1981

Lot Details

0

HOA Fees

$72 per month

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Contemporary
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • Inclusions: All items as currently installed.
  • New Construction: No
  • Story List: Main, Upper 2
  • Federal Flood Zone: No
  • Year Built: 1981
  • Automatically Close On Close Date: No
  • Remarks Public: Must see to appreciate! Beautifully updated 930 Sq. Ft. Townhouse in the sought after Stonewood Community. 2 story foyer, wood burning fireplace. Updated kitchen with brand new kitchen cabinets and granite countertops, New high end Samsung stainless steel appliances. New Premium flooring throughout. New carpet on stairs and in the Loft. Beautiful updated bathroom and Professionally painted throughout. Newer Trane HVAC Unit. Fenced in yard for privacy and entertainment. This townhouse is in a great location, conveniently located near all major highways. Low HOA Fee of $72. ***Townhouse Appraised $260,000*** Due to concerns about COVID-19 and courtesy to all parties , only decision makers should be present for showings (no more than 3 adults). Do not schedule or attend showing if anyone in your party exhibit cold/flu like systems or has been exposed to COVID-19. Please make sure to turn off all the lights and return key to lockbox. Please use provided show covers during showings.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer/Dryer Stacked
  • Interior Amenities: Dining Area, Upgraded Countertops
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Other
  • Levels Count: 2
  • Room List: Loft
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 930
  • Living Area Sq Ft: 930
  • Price Per Sq Ft: 268.71
  • Above Grade Finished Sq Ft: 930
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7314

Beds/Baths

  • Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper Level Bathrooms: 1
  • Upper Level 2 Bathrooms: 1.00
  • Upper Level 2 Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 72.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Name: STONEWOOD COMMUNTY ASSN. C/O PROCOM
  • HOA Phone: 410-721-0777
  • HOA: Yes
  • Senior Community: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Fencing: Wood
  • Improvement Assessed Value: 101100.00
  • Land Assessed Value: 75000.00
  • Land Use Code: TH
  • Lot Size Acres: 0.05
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2376.00
  • Outdoor Living Structures: Patio(s)
  • Year Assessed: 2022
  • Zoning: LAUR
  • In City Limits: No

Rental Info

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

Tax Info

  • Assessor Parcel Number: 14550819
  • Tax Annual Amount: 3078.00
  • Assessor Parcel Number: 17101091891
  • Tax Lot: 6
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 06/24/2022

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2022
Closed on
Jun 24, 2022
Sold by
Mkvr Group Llc
Bought by
Johnson Dante A
Seller's Agent
Jamil Rahman
Fairfax Realty Premier
Buyer's Agent
Jarriel Jordan
The Home Team Realty Group, LLC
List Price
$249,900
Sold Price
$250,000
Premium/Discount to List
$100
0.04%
Total Days on Market
7
Current Estimated Value
$267,436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,436
Avg. Annual Appreciation
2.37%
Original Mortgage
$12,500
Outstanding Balance
$9,670
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$257,766

Purchase Details

Closed on
Feb 22, 2022
Sold by
Paul Ray
Bought by
Mkvr Group Llc A Maryl and Mkvr Group Llc

Purchase Details

Closed on
May 30, 2007
Sold by
Ray Paul
Bought by
Ray Paul

Purchase Details

Closed on
Mar 29, 2006
Sold by
Ray Paul
Bought by
Ray Paul

Purchase Details

Closed on
Dec 6, 2005
Sold by
Jefferson Ulysese
Bought by
Ray Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.8%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 17, 2005
Sold by
Jefferson Ulysese
Bought by
Ray Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.8%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 9, 1998
Sold by
Shoben George
Bought by
Jefferson Ulysese

Range of Values:

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Average Value
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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
Johnson Dante A $250,000 New Title Company Name
Mkvr Group Llc A Maryl $6,000 District Title
Ray Paul $175,000 --
Ray Paul $175,000 --
Ray Paul $175,000 --
Ray Paul $175,000 --
Jefferson Ulysese $88,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Dante A $12,500
Open Johnson Dante A $245,471
Previous Owner Ray Paul $85,000
Previous Owner Ray Paul $140,000
Previous Owner Ray Paul $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2022 06/24/22 Sold $250,000 0.0% $269 / Sq Ft
04/12/2022 04/12/22 For Sale $249,900 0.0% $269 / Sq Ft
04/11/2022 04/11/22 Off Market $250,000 -- --
04/04/2022 04/04/22 Price Changed $249,900 -3.8% $269 / Sq Ft
03/30/2022 03/30/22 For Sale $259,900 -- $279 / 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 $3,896 $214,300 $0 $0
2023 $3,219 $195,200 $0 $0
2022 $3,258 $176,100 $75,000 $101,100
2021 $3,079 $167,300 $0 $0
2020 $2,919 $158,500 $0 $0
2019 $2,933 $149,700 $75,000 $74,700
2018 $2,734 $147,767 $0 $0
2017 $2,686 $145,833 $0 $0
2016 -- $143,900 $0 $0
2015 $3,011 $143,900 $0 $0
2014 $3,011 $143,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDPG2037148

Bright MLS

APN: 10-1091891