NOT LISTED FOR SALE

7622 Erica Ln Laurel, MD 20707

Estimated Value: $405,000 - $476,000

4 Beds
2.5 Baths
2,520 Sq Ft
$171/Sq Ft Est. Value

Last Sold October 30, 2020

Last sale price $325,000 $129 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,816/month

About This Home

As of October 2020

There's a surprising amount of space in this cozy 4 bedroom home. Nestled in the sought after, quiet neighborhood of Laurelton. Close to I95, this home offers a huge eat in kitchen w/stainless steel appliances and granite counter tops. Fresh paint and brand new carpets and tile are the least of the many updates - New HVAC, new bathrooms, new windows, new appliances, fresh paint and Tesla solar panels. Huge basement rec room is only half the basement space. There is another half, already fitted with a bathroom rough in, waiting for your imagination. Come enjoy the comfort of this remarkable property.

Last Agent to Sell the Property

Uzoma Ogbuokiri

(202) 722-4343 uzi@uziteam.com Long & Foster Real Estate, Inc. License #0225091513 Listed on: 09/08/2020

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Moreen Wallace

(240) 779-5900 moreen.wallace@gmail.com Bennett Realty Solutions License #667730

Bennett Realty Solutions

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,983

Year Built

  • Built in 1972

Lot Details

  • 2,890 Sq Ft Lot

HOA Fees

  • $17 Monthly HOA Fees

Home Design

  • Colonial Architecture

Interior Spaces

  • Property has 3 Levels
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • Laurelton Forest Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 17101114099

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,983

Year Built

Built in 1972

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1972
  • Automatically Close On Close Date: No
  • Remarks Public: There's a surprising amount of space in this cozy 4 bedroom home. Nestled in the sought after, quiet neighborhood of Laurelton. Close to I95, this home offers a huge eat in kitchen w/stainless steel appliances and granite counter tops. Fresh paint and brand new carpets and tile are the least of the many updates - New HVAC, new bathrooms, new windows, new appliances, fresh paint and Tesla solar panels. Huge basement rec room is only half the basement space. There is another half, already fitted with a bathroom rough in, waiting for your imagination. Come enjoy the comfort of this remarkable property.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Levels Count: 3
  • Basement: Yes
  • Total Sq Ft: 2520
  • Living Area Sq Ft: 2520
  • Price Per Sq Ft: 190.48
  • Above Grade Finished Sq Ft: 1680
  • Below Grade Finished Sq Ft: 840
  • Total Below Grade Sq Ft: 840
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7622

Beds/Baths

  • Bedrooms: 4
  • 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, Below Grade
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Refuse: 34.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 200.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • 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

  • Improvement Assessed Value: 192800.00
  • Land Assessed Value: 75000.00
  • Land Use Code: 011
  • Lot Size Acres: 0.07
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2890.00
  • Year Assessed: 2020
  • Zoning: RT
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14552449
  • Tax Annual Amount: 3983.00
  • Assessor Parcel Number: 17101114099
  • Tax Lot: 1
  • Tax Page Number: 435
  • Tax Total Finished Sq Ft: 1680
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 10/30/2020

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2020
Closed on
Oct 30, 2020
Sold by
Jaiyeola Sunday Olawale and Jaiyeola Moradeun O
Bought by
Phillpotts Shoareged and Phillpotts Deborah
Seller's Agent
Uzoma Ogbuokiri
Long & Foster Real Estate, Inc.
Buyer's Agent
Moreen Wallace
Bennett Realty Solutions
List Price
$320,000
Sold Price
$325,000
Premium/Discount to List
$5,000
1.56%
Current Estimated Value
$430,133

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,133
Avg. Annual Appreciation
5.34%
Original Mortgage
$308,750
Outstanding Balance
$275,370
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$144,484

Purchase Details

Closed on
Jan 23, 2001
Sold by
Cunningham Sherry D
Bought by
Jaiyeola Sunday O and Jaiyeola Moradeun O

Purchase Details

Closed on
Aug 8, 1994
Sold by
Patel Dinesh A
Bought by
Cunningham Sherry D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,814
Interest Rate
8.4%

Purchase Details

Closed on
May 26, 1988
Sold by
Mastria Frank J
Bought by
Patel Dinesh A and Patel Rekha D
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
Phillpotts Shoareged $325,000 Grace Title Services Llc
Jaiyeola Sunday O $112,300 --
Cunningham Sherry D $118,900 --
Patel Dinesh A $99,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phillpotts Shoareged $308,750
Previous Owner Cunningham Sherry D $118,814
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2020 10/30/20 Sold $325,000 +1.6% $129 / Sq Ft
09/22/2020 09/22/20 Pending -- -- --
09/08/2020 09/08/20 For Sale $320,000 -- $127 / 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 $6,212 $334,800 $0 $0
2023 $5,563 $301,300 $0 $0
2022 $4,907 $267,800 $75,000 $192,800
2021 $4,696 $257,833 $0 $0
2020 $3,830 $247,867 $0 $0
2019 $4,660 $237,900 $75,000 $162,900
2018 $3,514 $227,467 $0 $0
2017 $3,355 $217,033 $0 $0
2016 -- $206,600 $0 $0
2015 $2,852 $199,333 $0 $0
2014 $2,852 $192,067 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDPG580622

Bright MLS

APN: 10-1114099