NOT LISTED FOR SALE

7576 Cherry Ln Laurel, MD 20707

Estimated Value: $344,000 - $350,000

3 Beds
2.5 Baths
1,396 Sq Ft
$249/Sq Ft Est. Value

Last Sold November 08, 2012

Last sale price $85,922 $62 Per Sq Ft

Est. 303% increase in value since last sale

Current estimated payment $2,287/month

Highlights

  • Traditional Architecture
  • Eat-In Kitchen
  • Heat Pump System

About This Home

As of December 2013

Renovated, two levels, 3 bedroom 2.5 baths; very spacious; large living room; large eat-in-kitchen. Master bedroom with master bath and balcony. Walkout to fenced backyard. Deck off eat-in-kitchen. Very central location. Close to new Laurel Town Center, I-495, Route 295 and Route 1.

Last Agent to Rent the Property

Roland St. Paul

HomeSmart License #636348 Listed on: 11/24/2013

HomeSmart

Last Renter's Agent

Merrellyn Lloyd

RE/MAX United Real Estate License #589173

RE/MAX United Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,493

Year Built

  • Built in 1980

Lot Details

  • 3,551 Sq Ft Lot
  • Two or More Common Walls

Parking

  • Surface Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 2 Levels
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2.5 Bathrooms

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Public Septic

Listing and Financial Details

  • Residential Lease
  • Security Deposit $1,595
  • Tenant pays for all utilities, minor interior maintenance
  • 12-Month Minimum Lease Term
  • Available 11/24/13
  • $35 Application Fee
  • Assessor Parcel Number 17101119353

Community Details

Overview

  • Property has a Home Owners Association

Pet Policy

  • Pets allowed on a case-by-case basis

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,493

Year Built

Built in 1980

Lot Details

0

Rental Info

  • Date Available: 2013-11-24
  • Application Fee: 35.00
  • Lease Term: 12 Months
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Security Deposit: 1595.00
  • Tenant Pays: Utilities - All, Minor Interior Maintenance
  • Vacation Rental: No

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Row/Townhouse
  • Architectural Style: Traditional
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Kitchen - Eat-In
  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Levels Count: 2
  • Basement: No
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Construction Materials: Combination, Brick
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Surface

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Septic, Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes

Lot Info

  • Lot Size Acres: 0.08
  • Lot Size Area: 3551
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3551.00
  • Zoning: R30

Tax Info

  • Assessor Parcel Number: 14552847
  • Assessor Parcel Number: 17101119353
  • Tax Total Finished Sq Ft: 1396
  • Close Date: 12/30/2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2012
Closed on
Nov 2, 2012
Sold by
Ahmed Ghada
Bought by
Marcsimo Real Estate Ventures Llc
Seller's Agent
Stephanie Freeman
The DMV Life
Buyer's Agent
Roland St. Paul
HomeSmart
List Price
$105,000
Sold Price
$85,922
Premium/Discount to List
-$19,078
-18.17%
Current Estimated Value
$346,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$260,520
Avg. Annual Appreciation
11.01%

Purchase Details

Closed on
Sep 13, 2006
Sold by
Alexi Robert T
Bought by
Ahmed Ghada F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 5, 2006
Sold by
Alexi Robert T
Bought by
Ahmed Ghada F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 17, 2005
Sold by
Kleinert Lindsay A
Bought by
Alexi Robert T and Alexi Unit

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
5.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 2001
Sold by
Slatkin Philip D
Bought by
Kleinert Lindsay A

Purchase Details

Closed on
Mar 4, 1999
Sold by
Slatkin Philip D and Slatkin Tara L
Bought by
Slatkin Philip D

Purchase Details

Closed on
Mar 4, 1998
Sold by
Slatkin Eric and Slatkin Deborah D
Bought by
Slatkin Philip D and Slatkin Tara L
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Marcsimo Real Estate Ventures Llc $85,922 Dulaney Title & Escrow Llc
Ahmed Ghada F $265,000 --
Ahmed Ghada F $265,000 --
Alexi Robert T $240,000 --
Kleinert Lindsay A $110,000 --
Slatkin Philip D -- --
Slatkin Philip D $98,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Marcsimo Real Estate Ventures Llc $550,000
Previous Owner Alexi Robert T $212,000
Previous Owner Ahmed Ghada F $212,000
Previous Owner Alexi Robert T $145,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2013 12/30/13 Rented $1,595 0.0% --
12/27/2013 12/27/13 Under Contract -- -- --
11/24/2013 11/24/13 For Rent $1,595 0.0% --
11/08/2012 11/08/12 Sold $85,922 -12.8% $62 / Sq Ft
10/12/2012 10/12/12 Pending -- -- --
10/08/2012 10/08/12 Price Changed $98,500 -6.2% $71 / Sq Ft
10/04/2012 10/04/12 For Sale $105,000 -- $75 / Sq Ft
05/01/2012 05/01/12 Pending -- -- --
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 $4,493 $241,133 $0 $0
2023 $3,555 $215,567 $0 $0
2022 $3,133 $190,000 $57,000 $133,000
2021 $3,501 $182,667 $0 $0
2020 $3,213 $175,333 $0 $0
2019 $3,291 $168,000 $50,400 $117,600
2018 $2,970 $161,333 $0 $0
2017 $2,752 $154,667 $0 $0
2016 -- $148,000 $0 $0
2015 $3,256 $148,000 $0 $0
2014 $3,256 $148,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003774934

Bright MLS

APN: 10-1119353