NOT LISTED FOR SALE

7822 Chapel Cove Dr Laurel, MD 20707

Estimated Value: $328,000 - $422,000

2 Beds
2 Baths
1,908 Sq Ft
$195/Sq Ft Est. Value

Last Sold July 29, 2016

Last sale price $224,000 $117 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $2,447/month

13 Days on Market

Highlights

  • Water Views
  • Open Floorplan
  • Contemporary Architecture
  • Water Oriented
  • Deck
  • Loft

About This Home

As of July 2016

This is a Fannie Mae Home Path Property. First time buyers complete the Fannie Mae Buyer Ready Course & request up to 3% closing costs with your INITIAL OFFER. Contemporary townhome with family room/loft and a view of the Laurel Lakes. Dramatic 2 story foyer and 2nd level deck off the family room. The master bedroom is the entire top floor with a walk in closet and master bath.

Last Agent to Sell the Property

Faith Rosselle

(301) 570-9300 faith.rosselle@verizon.net Rosselle Realty Services License #BR100826 Listed on: 05/18/2016

Last Buyer's Agent

Mark A. Ritter

(443) 487-3073 mritter@markaritter.com Northrop Realty License #651283

Northrop Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,818

Year Built

  • Built in 1988

Lot Details

  • 1,149 Sq Ft Lot
  • Two or More Common Walls
  • Cul-De-Sac

HOA Fees

  • $41 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Family Room
  • Living Room
  • Dining Room
  • Loft
  • Water Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Free Parking
  • On-Street Parking

Outdoor Features

  • Water Oriented
  • Property is near a lake
  • Deck

Schools

  • Vansville Elementary School
  • Martin Luther King Jr. Middle School
  • Laurel High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 47
  • Assessor Parcel Number 17101017235

Community Details

Overview

  • Laurel Lakes Plat 2 Subdivision

Recreation

  • Jogging Path

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,818

Year Built

Built in 1988

Lot Details

0

HOA Fees

$41 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Contemporary, Loft
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Year Built: 1988
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Dining Area, Floor Plan - Open
  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Entry Location: Living Room
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Loft
  • Basement: No
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Upper Level Bathrooms: 1.00
  • Upper Level 2 Bathrooms: 1.00

Exterior Features

  • Construction Materials: Frame, Vinyl Siding
  • Pool Private: No
  • View: Water
  • View: Yes
  • Water Access: No
  • Water Body Name: LAUREL LAKES
  • Water Body Type: Lake
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Free
  • Type Of Parking: On Street

Utilities

  • Refuse: 34.42
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • 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 Fees: 487.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Jog/Walk Path
  • HOA: Yes
  • Senior Community: No

Schools

  • Elementary School: VANSVILLE
  • High School: LAUREL
  • Middle Or Junior School: MARTIN LUTHER KING JR.

Lot Info

  • Improvement Assessed Value: 115000.00
  • Land Assessed Value: 100000.00
  • Lot Features: Cul-De-Sac
  • Lot Size Acres: 0.03
  • Lot Size Area: 1149
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1149.00
  • Outdoor Living Structures: Deck(s)
  • Property Attached Yn: Yes
  • Zoning: RT
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14545205
  • Tax Annual Amount: 3817.83
  • Assessor Parcel Number: 17101017235
  • Tax Lot: 47
  • Tax Page Number: 212
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015

Multi Family

  • Dock Slip Conveyance: None Available

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2016
Closed on
Jul 29, 2016
Sold by
Fannie Mae
Bought by
Lee Jamie
Seller's Agent
Faith Rosselle
Rosselle Realty Services
Buyer's Agent
Mark A. Ritter
Northrop Realty
List Price
$206,900
Sold Price
$224,000
Premium/Discount to List
$17,100
8.26%
Current Estimated Value
$371,536

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,536
Avg. Annual Appreciation
5.55%
Original Mortgage
$219,942
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 2, 2000
Sold by
Crist Michael T
Bought by
Scott Sylvia D

Purchase Details

Closed on
Aug 10, 1994
Sold by
Butler Terry
Bought by
Crist Michael T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,650
Interest Rate
8.52%

Purchase Details

Closed on
Jun 30, 1989
Sold by
Lakeview Assoc
Bought by
Butler Terry and Butler Marie C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lee Jamie $224,000 Servicelink Llc
Scott Sylvia D $121,500 --
Crist Michael T $118,200 --
Butler Terry $119,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lee Jamie $219,942
Previous Owner Crist Michael T $117,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2016 07/29/16 Sold $224,000 +8.3% $117 / Sq Ft
05/31/2016 05/31/16 Pending -- -- --
05/18/2016 05/18/16 For Sale $206,900 -- $108 / 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
2025 $5,485 $338,100 $90,000 $248,100
2024 $5,485 $315,700 $0 $0
2023 $5,168 $293,300 $0 $0
2022 $4,467 $270,900 $75,000 $195,900
2021 $9,347 $258,267 $0 $0
2020 $8,805 $245,633 $0 $0
2019 $4,564 $233,000 $100,000 $133,000
2018 $4,096 $227,000 $0 $0
2017 $3,968 $221,000 $0 $0
2016 -- $215,000 $0 $0
2015 $3,289 $206,400 $0 $0
2014 $3,289 $197,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Faith Rosselle

    Seller's Agent in 2016

    Faith Rosselle

    Rosselle Realty Services

    (301) 570-9300

    3 in this area

    77 Total Sales

    Faith Rosselle
    Section Image
  • Mark A. Ritter

    Buyer's Agent in 2016

    Mark A. Ritter

    Creig Northrop Team of Long & Foster

    (443) 487-3073

    3 in this area

    292 Total Sales

    Mark A. Ritter
    Section Image
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Map

Source: Bright MLS

MLS Number: 1001072211

Bright MLS

APN: 10-1017235

Maryland Prince George's County Laurel 20707

7822 Chapel Cove Dr, Laurel, MD

Not Listed for Sale

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