7316 Olive Branch Way Laurel, MD 20707
Estimated Value: $761,068 - $864,000
4
Beds
5
Baths
3,500
Sq Ft
$232/Sq Ft
Est. Value
About This Home
This home is located at 7316 Olive Branch Way, Laurel, MD 20707 and is currently estimated at $811,017, approximately $231 per square foot. 7316 Olive Branch Way is a home located in Prince George's County with nearby schools including Bond Mill Elementary, Martin Luther King Jr. Middle School, and Laurel High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 26, 2014
Sold by
Merino Melvin G and Martinez Nancy
Bought by
Merino Melvin G
Current Estimated Value
Purchase Details
Closed on
Dec 16, 2008
Sold by
Nvr Inc
Bought by
Merino Melvin G and Nancy Martinez
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$454,821
Outstanding Balance
$301,109
Interest Rate
6.17%
Mortgage Type
FHA
Estimated Equity
$509,908
Purchase Details
Closed on
Jan 7, 2008
Sold by
1325 G Street Associates L
Bought by
Nvr Inc
Purchase Details
Closed on
Dec 18, 2007
Sold by
1325 G Street Associates L
Bought by
Nvr Inc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Merino Melvin G | -- | None Available | |
| Merino Melvin G | $462,000 | -- | |
| Nvr Inc | $109,165 | -- | |
| Nvr Inc | $109,165 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Merino Melvin G | $454,821 |
Source: Public Records
Tax History Compared to Growth
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 | $11,286 | $646,300 | $185,800 | $460,500 |
| 2024 | $11,286 | $610,867 | $0 | $0 |
| 2023 | $10,572 | $575,433 | $0 | $0 |
| 2022 | $9,834 | $540,000 | $125,800 | $414,200 |
| 2021 | $9,470 | $523,333 | $0 | $0 |
| 2020 | $9,166 | $506,667 | $0 | $0 |
| 2019 | $8,881 | $490,000 | $100,400 | $389,600 |
| 2018 | $8,726 | $480,833 | $0 | $0 |
| 2017 | $8,585 | $471,667 | $0 | $0 |
| 2016 | -- | $462,500 | $0 | $0 |
| 2015 | $6,426 | $432,833 | $0 | $0 |
| 2014 | $6,426 | $403,167 | $0 | $0 |
Source: Public Records
Map
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