NOT LISTED FOR SALE

7538 S Arbory Ln Laurel, MD 20707

Estimated Value: $252,000 - $276,000

2 Beds
1 Bath
1,121 Sq Ft
$233/Sq Ft Est. Value

Last Sold July 13, 2021

Last sale price $190,000 $169 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $1,986/month

2 Days on Market

About This Home

As of July 2021

This home is located at 7538 S Arbory Ln, Laurel, MD 20707 since 02 June 2021 and is currently estimated at $261,119, approximately $232 per square foot. This property was built in 1984. 7538 S Arbory Ln 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.

Last Agent to Sell the Property

Raymond Diaz

Long & Foster Real Estate, Inc. License #607044 Listed on: 06/02/2021

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Raymond Diaz

Long & Foster Real Estate, Inc. License #607044 Listed on: 06/02/2021

Long & Foster Real Estate, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,467

Year Built

  • Built in 1984

Lot Details

  • 2,744

HOA Fees

  • $236 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Back-to-Back Home
  • Brick Exterior Construction

Interior Spaces

  • 1,121 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Accessible Home Design

  • Level Entry For Accessibility

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Association fees include lawn care front, lawn maintenance, snow removal, trash
  • Arbory Condo Pha Community
  • Arbory Condo Phase One Subdivision

Listing and Financial Details

  • Assessor Parcel Number 17101082262

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,467

Year Built

Built in 1984

Lot Details

0

HOA Fees

$236 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Back-To-Back
  • Accessibility Features: Level Entry - Main
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1984
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1121
  • Living Area Sq Ft: 1121
  • Price Per Sq Ft: 169.49
  • Above Grade Finished Sq Ft: 1121
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7538

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • 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

  • Refuse: 34.00
  • 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

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 236.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Fee Includes: Lawn Care Front, Lawn Maintenance, Snow Removal, Trash
  • HOA: No
  • 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

  • Improvement Assessed Value: 115500.00
  • Land Assessed Value: 49500.00
  • Land Use Code: 011
  • Year Assessed: 2021
  • Zoning: LAUR
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14684217
  • Tax Annual Amount: 2467.00
  • Assessor Parcel Number: 17101082262
  • Tax Total Finished Sq Ft: 1121
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 07/13/2021

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2021
Closed on
Jul 10, 2021
Sold by
Molina Stephanie
Bought by
Salguero Julio Alvarez and Medina Yeni Sorayda
Seller's Agent
Raymond Diaz
Long & Foster Real Estate, Inc.
Buyer's Agent
Raymond Diaz
Long & Foster Real Estate, Inc.
List Price
$195,000
Sold Price
$190,000
Premium/Discount to List
-$5,000
-2.56%
Current Estimated Value
$261,119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,119
Avg. Annual Appreciation
8.50%
Original Mortgage
$90,000
Outstanding Balance
$70,167
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$193,396

Purchase Details

Closed on
Nov 2, 2005
Sold by
Webb Steven C and Webb Carolyn
Bought by
Molina Stephanie and Unit 397

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,250
Interest Rate
5.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 1985
Sold by
Allwin Bldg Corp
Bought by
Webb Steven C and Webb Carolyn
Source: Public Records

Range of Values:

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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
Salguero Julio Alvarez $190,000 Realty Title Services Inc
Molina Stephanie $215,000 --
Webb Steven C $63,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salguero Julio Alvarez $90,000
Previous Owner Molina Stephanie $207,813
Previous Owner Molina Stephanie $204,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2021 07/13/21 Sold $190,000 0.0% $169 / Sq Ft
06/07/2021 06/07/21 Price Changed $190,000 0.0% $169 / Sq Ft
06/04/2021 06/04/21 Off Market $190,000 -- --
06/04/2021 06/04/21 Pending -- -- --
06/03/2021 06/03/21 For Sale $195,000 +2.6% $174 / Sq Ft
06/03/2021 06/03/21 Off Market $190,000 -- --
06/02/2021 06/02/21 For Sale $195,000 0.0% $174 / Sq Ft
12/28/2018 12/28/18 Rented $1,450 +7.4% --
11/27/2018 11/27/18 Under Contract -- -- --
11/14/2018 11/14/18 Price Changed $1,350 -3.6% $1 / Sq Ft
11/06/2018 11/06/18 Price Changed $1,400 -1.8% $1 / Sq Ft
10/31/2018 10/31/18 Price Changed $1,425 -5.0% $1 / Sq Ft
10/16/2018 10/16/18 Price Changed $1,500 0.0% $1 / Sq Ft
10/16/2018 10/16/18 For Rent $1,500 +3.4% --
10/12/2018 10/12/18 Off Market $1,450 -- --
10/02/2018 10/02/18 For Rent $1,450 -- --
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 $3,695 $197,533 $0 $0
2023 $1,688 $181,267 $0 $0
2022 $3,051 $165,000 $49,500 $115,500
2021 $2,750 $149,333 $0 $0
2020 $2,468 $133,667 $0 $0
2019 $2,312 $118,000 $35,400 $82,600
2018 $1,941 $104,000 $0 $0
2017 $1,448 $90,000 $0 $0
2016 -- $76,000 $0 $0
2015 $2,711 $76,000 $0 $0
2014 $2,711 $76,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDPG608934

Bright MLS

APN: 10-1082262