NOT LISTED FOR SALE

8306 Merlot Ln Laurel, MD 20723

Estimated Value: $556,453 - $578,000

3 Beds
4 Baths
2,292 Sq Ft
$247/Sq Ft Est. Value

Last Sold July 29, 2016

Last sale price $410,000 $179 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $3,741/month

Highlights

  • Open Floorplan
  • Colonial Architecture
  • 1 Fireplace
  • Fulton Elementary School Rated A
  • Wood Flooring
  • High Ceiling

About This Home

As of July 2016

PRICED TO SELL!! 3 FINISHED LEVELS LUXURY T/H IN THE SOUGHT AFTER COMMUNITY OF CHERRYTREE PARK. GOURMET KITCHEN W HARDWOOD FLRS, CORIAN COUNTERS, MAPLE CABINETS, LARGE PANTRY, BREAKFAST BAR, FAMILY ROOM W GAS FIREPLACE, 9 FT CEILINGS & RECESSED LIGHTS, DECKS EVERY LEVEL W WALK OUTS. OWNERS SUIT W VAULTED CEILING & UPGRADED BATH. CONVENIENT TO RESTAURANTS, SHOPPING AND ALL MAJOR COMMUTER ROUTES.

Last Agent to Sell the Property

Young Kim

(301) 728-5800 youngkim5800@gmail.com Top Pro Realtors Listed on: 05/18/2016

Last Buyer's Agent

Eileen Robbins

(443) 803-8988 eileen.robbins@longandfoster.com Long & Foster Real Estate, Inc. License #534973

Long & Foster Real Estate, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,153

Year Built

  • Built in 2006

Lot Details

  • Two or More Common Walls
  • Property is in very good condition

HOA Fees

Parking

  • 1 Car Attached Garage
  • On-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 2,292 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • High Ceiling
  • 1 Fireplace
  • Window Treatments
  • Combination Kitchen and Dining Room
  • Wood Flooring

Kitchen

  • Gas Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom
  • 4 Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Fulton Elementary School
  • Hammond Middle School
  • Reservoir High School

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Water Heater

Community Details

  • Association fees include lawn maintenance, insurance, snow removal
  • Built by LENAR
  • Cherrytree Park Community
  • Cherrytree Park Subdivision
  • The community has rules related to covenants

Listing and Financial Details

  • Assessor Parcel Number 1406582486
  • $500 Front Foot Fee per year

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,153

Year Built

Built in 2006

Lot Details

0

HOA Fees

$142 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Year Built: 2006
  • Remarks Public: PRICED TO SELL!! 3 FINISHED LEVELS LUXURY T/H IN THE SOUGHT AFTER COMMUNITY OF CHERRYTREE PARK. GOURMET KITCHEN W HARDWOOD FLRS, CORIAN COUNTERS, MAPLE CABINETS, LARGE PANTRY, BREAKFAST BAR, FAMILY ROOM W GAS FIREPLACE, 9 FT CEILINGS & RECESSED LIGHTS, DECKS EVERY LEVEL W WALK OUTS. OWNERS SUIT W VAULTED CEILING & UPGRADED BATH. CONVENIENT TO RESTAURANTS, SHOPPING AND ALL MAJOR COMMUTER ROUTES.
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Icemaker, Microwave, Oven/Range - Gas, Refrigerator, Washer
  • Interior Amenities: Combination Kitchen/Dining, Primary Bath(s), Window Treatments, Wood Floors, Floor Plan - Open
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Common Walls: 2+ Common Walls
  • Wall Ceiling Types: High, Dry Wall
  • Entry Location: Townhouse
  • Levels Count: 3+
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 2292
  • Living Area Sq Ft: 2292
  • Price Per Sq Ft: 181.06
  • Above Grade Finished Sq Ft: 2292
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 8306

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1.00
  • Upper Level 2 Bathrooms: 2.00
  • Upper Level 2 Full Bathrooms: 2
  • Main Level Half Bathrooms: 1
  • Upper Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Combination, Brick
  • Pool Private: No
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Garage
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: On Street, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • 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: 61.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • Condo Co-Op Fee: 81.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Fee Includes: Lawn Maintenance, Insurance, Snow Removal
  • HOA Condo Co-Op Rules: Covenants
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: HOWARD COUNTY PUBLIC SCHOOL SYSTEM
  • Elementary School: FULTON
  • Middle School: HAMMOND
  • High School: RESERVOIR
  • School District Key: 121139568958
  • Elementary School: FULTON
  • High School: RESERVOIR
  • Middle Or Junior School: HAMMOND

Lot Info

  • Property Attached Yn: Yes
  • Property Condition: Very Good

Building Info

  • Builder Name: LENAR

Rental Info

  • Vacation Rental: No

Multi Family

  • Front Foot Fee: 500.00

Tax Info

  • Assessor Parcel Number: 15452045
  • Assessor Parcel Number: 1406582486
  • Tax Total Finished Sq Ft: 2292
  • Close Date: 07/29/2016

MLS Schools

  • School District Name: HOWARD COUNTY PUBLIC SCHOOL SYSTEM

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2016
Closed on
Jul 29, 2016
Sold by
Won Chung Seung
Bought by
Park Si Hwan
Seller's Agent
Young Kim
Top Pro Realtors
Buyer's Agent
Eileen Robbins
Long & Foster Real Estate, Inc.
List Price
$425,000
Sold Price
$410,000
Premium/Discount to List
-$15,000
-3.53%
Current Estimated Value
$566,363

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,363
Avg. Annual Appreciation
3.59%
Original Mortgage
$328,000
Outstanding Balance
$150,058
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$416,305

Purchase Details

Closed on
May 2, 2007
Sold by
Cherrytree Ii Llc
Bought by
Wo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,950
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 31, 2007
Sold by
Cherrytree Ii Llc
Bought by
Wo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,950
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
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
Park Si Hwan $410,000 Sage Title Group Llc
Wo $404,990 --
Wo $404,990 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Park Si Hwan $328,000
Previous Owner Wo $323,950
Previous Owner Wo $323,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2016 07/29/16 Sold $410,000 -1.2% $179 / Sq Ft
06/24/2016 06/24/16 Pending -- -- --
06/09/2016 06/09/16 Price Changed $415,000 -2.4% $181 / Sq Ft
05/18/2016 05/18/16 For Sale $425,000 -- $185 / 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 $7,153 $483,500 $185,000 $298,500
2024 $7,153 $467,833 $0 $0
2023 $6,877 $452,167 $0 $0
2022 $4,915 $436,500 $175,000 $261,500
2021 $6,350 $424,333 $0 $0
2020 $6,263 $412,167 $0 $0
2019 $5,768 $400,000 $137,500 $262,500
2018 $5,310 $384,533 $0 $0
2017 $4,884 $400,000 $0 $0
2016 -- $353,600 $0 $0
2015 -- $350,400 $0 $0
2014 -- $347,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003928213

Bright MLS

APN: 06-582486