$337,000 - $367,000
RENTED MAR 5, 2025

7578 Cherry Ln Laurel, MD 20707

3 Beds
2.5 Baths
1,396 Sq Ft
$252 Price per Sq Ft

Last Sold August 30, 2018

Last sale price $162,800 $117 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $2,241/month

Highlights

  • Open Floorplan
  • Breakfast Area or Nook
  • Kitchen Island
  • Colonial Architecture
  • Galley Kitchen
  • Central Air

About This Home

As of March 2025

Check out the location! Beautiful 2-level condo townhouse with wood flooring throughout, Kitchen cabinets, was renovated 5 years ago with granite countertop, BRAND NEW stainless steel stove and refrigerator. New HVAC, Newer front windows. Nice large deck. Great view from bedrooms. Two reserved parking. 3 bedrooms, 2 full baths on upper level. Powder room on the main level. Large living room with bay window. Open floor plan. Fresh paint throughout. Washer and Dryer in the lower level. To apply, use the Rentspree link to get a full credit report. Submit 2-month pay stubs, 680+ credit, $7500+ household income, no pets, good rental history, copy of ID, and job offer letter if any. Move-in ready. It's truly the best deal in town. Hurry! Rentspree application fee is not refundable. The owner does not take any portion of the Rentspree application fee. Will take full credit report from one of 3 credit bureaus as reference. Available on 2/1.

Last Agent to Rent the Property

Cindy Chang

(240) 350-9983 bmirealtors2000@gmail.com BMI REALTORS INC. Listed on: 02/06/2025

Last Renter's Agent

Ben Abikoye

sunbenaby@gmail.com LPT Realty, LLC License #5018003

LPT Realty, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,493

Year Built

  • Built in 1980

Lot Details

  • 436 Sq Ft Lot

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • 1,396 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan

Kitchen

  • Galley Kitchen
  • Breakfast Area or Nook
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms

Partially Finished Basement

  • Rear Basement Entry
  • Basement with some natural light

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Residential Lease
  • Security Deposit $2,650
  • Tenant pays for all utilities
  • 24-Month Min and 36-Month Max Lease Term
  • Available 2/1/25
  • $50 Application Fee
  • Assessor Parcel Number 17101119338

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include management, lawn maintenance, parking fee
  • Cherrywood Condo Community
  • Cherrywood Condo Subdivision

Pet Policy

  • No Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,493

Year Built

Built in 1980

Lot Details

0

Rental Info

  • Date Available: 2025-02-01
  • Application Fee: 50.00
  • Pets Allowed: No
  • Security Deposit: 2650.00
  • Tenant Pays: Utilities - All
  • Vacation Rental: No
  • Max Lease in Months: 36
  • Min Lease in Months: 24
  • Rent Spree Online Application: Yes

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2025-02-06
  • Year Built: 1980
  • Remarks Public: Check out the location! Beautiful 2-level condo townhouse with wood flooring throughout, Kitchen cabinets, was renovated 5 years ago with granite countertop, BRAND NEW stainless steel stove and refrigerator. New HVAC, Newer front windows. Nice large deck. Great view from bedrooms. Two reserved parking. 3 bedrooms, 2 full baths on upper level. Powder room on the main level. Large living room with bay window. Open floor plan. Fresh paint throughout. Washer and Dryer in the lower level. To apply, use the Rentspree link to get a full credit report. Submit 2-month pay stubs, 680+ credit, $7500+ household income, no pets, good rental history, copy of ID, and job offer letter if any. Move-in ready. It's truly the best deal in town. Hurry! Rentspree application fee is not refundable. The owner does not take any portion of the Rentspree application fee. Will take full credit report from one of 3 credit bureaus as reference. Available on 2/1.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Kitchen - Galley, Breakfast Area, Kitchen - Island, Floor Plan - Open
  • Fireplace: No
  • Foundation Details: Other
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Outside Entrance, Rear Entrance, Daylight, Partial, Partially Finished
  • Total Sq Ft: 1396
  • Living Area Sq Ft: 1396
  • Price Per Sq Ft: 1.90
  • Above Grade Finished Sq Ft: 1396
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7578

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

  • HOA Fee Frequency: Unknown
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Management, Lawn Maintenance, Parking Fee
  • HOA: Yes
  • Senior Community: No

Schools

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

Lot Info

  • Lot Size Acres: 0.01
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 435.60
  • Zoning: R30

Tax Info

  • Assessor Parcel Number: 17101119338
  • Close Date: 03/05/2025

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2018
Closed on
Aug 16, 2018
Sold by
Hsbc Bank Usa
Bought by
Xue Xiaodong
Seller's Agent
Ralph Nichols
Fairfax Realty Premier
Buyer's Agent
Cindy Chang
BMI REALTORS INC.
List Price
$152,500
Sold Price
$162,800
Premium/Discount to List
$10,300
6.75%
Current Estimated Value
$352,253

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,453
Avg. Annual Appreciation
11.61%

Purchase Details

Closed on
Mar 14, 2018
Sold by
Hodge Thomas
Bought by
Hsbc Bank Usa Nationl Association

Purchase Details

Closed on
May 10, 1999
Sold by
Secretary Of H U D
Bought by
Umoren Ntiedo J

Purchase Details

Closed on
Dec 31, 1998
Sold by
Ryon Steven C and Ryon Beth A
Bought by
Secretary Of H U D and Union Center Plaza Phase Ii

Purchase Details

Closed on
Jun 1, 1990
Sold by
Spies Richard E
Bought by
Ryon Steven C and Ryon Beth A
Source: Public Records

Range of Values:

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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
Xue Xiaodong $162,800 None Available
Hsbc Bank Usa Nationl Association $127,500 None Available
Umoren Ntiedo J $87,000 --
Secretary Of H U D $122,442 --
Ryon Steven C $105,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2025 03/05/25 Rented $2,650 0.0% --
02/06/2025 02/06/25 For Rent $2,650 +3.9% --
01/10/2024 01/10/24 Rented $2,550 0.0% --
01/08/2024 01/08/24 Under Contract -- -- --
12/16/2023 12/16/23 For Rent $2,550 +41.7% --
10/27/2018 10/27/18 Rented $1,800 -2.7% --
10/10/2018 10/10/18 For Rent $1,850 0.0% --
08/30/2018 08/30/18 Sold $162,800 +6.8% $117 / Sq Ft
08/10/2018 08/10/18 Pending -- -- --
08/05/2018 08/05/18 For Sale $152,500 -6.3% $109 / Sq Ft
07/26/2018 07/26/18 Off Market $162,800 -- --
07/23/2018 07/23/18 For Sale $166,400 +2.2% $119 / Sq Ft
07/03/2018 07/03/18 Off Market $162,800 -- --
07/03/2018 07/03/18 For Sale $166,400 -- $119 / 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 $4,493 $241,133 $0 $0
2023 $4,000 $215,567 $0 $0
2022 $3,501 $190,000 $57,000 $133,000
2021 $3,346 $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 $2,638 $154,667 $0 $0
2016 -- $148,000 $0 $0
2015 $2,904 $148,000 $0 $0
2014 $2,904 $148,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDPG2138776

Bright MLS

APN: 10-1119338