$50,000
SOLD FEB 26, 2016

8314 Spruce Hill Dr Laurel, MD 20707

South Laurel Neighborhood
0.17 Acre
$294,118 Price per Acre
7,500 Sq Ft Lot

Recently Sold

29% Below List Price

About This Lot

As of October 2021

7500 SQUARE FOOT REAL BUILDING LOT INTHE HEART OF LAUREL.......SHORT STUDY PERIOR AND SHORTER SETTLEMENT.... SIGN ON PROPERTY

Last Agent to Sell the Property

Bill Wells

(301) 717-9366 realty@wellsmonroe.com RE/MAX Professionals License #0225047141 Listed on: 09/03/2014

RE/MAX Professionals

Last Buyer's Agent

Andrew Osazuwa

(240) 286-7404 aosazuwa@gmail.com HomeSmart

HomeSmart

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $774

Lot Details

  • 7,500 Sq Ft Lot
  • Cleared Lot
  • Cost To Obtain Building Permits
  • Property is zoned R55

Community Details

  • No Home Owners Association
  • Oak Crest Subdivision

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 17101122779

Property Details

Property Type

Land

Est. Annual Taxes

$774

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential
  • New Construction: No
  • Remarks Public: 7500 SQUARE FOOT REAL BUILDING LOT INTHE HEART OF LAUREL.......SHORT STUDY PERIOR AND SHORTER SETTLEMENT.... SIGN ON PROPERTY
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement: No
  • Price Per Sq Ft: 7.33
  • Street Number Modifier: 8314

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Lot Info

  • Lot Features: Cleared
  • Lot Size Acres: 0.17
  • Lot Size Area: 7500
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7500.00
  • Possible Use: Residential
  • Year Assessed: 2014
  • Zoning: R55

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14472617
  • Tax Annual Amount: 774.15
  • Assessor Parcel Number: 17101122779
  • Tax Lot: 12
  • Tax Page Number: 414
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014
  • Close Date: 02/26/2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2021
Closed on
Oct 29, 2021
Sold by
Wal Venture Llc
Bought by
Klaus Aaron David and Hoffman Kara Emily
Seller's Agent
Michael Ray
Sunshine Properties Inc.
Buyer's Agent
Bruce Wertz
Cranford & Associates
List Price
$599,900
Sold Price
$530,000
Premium/Discount to List
-$69,900
-11.65%
Current Estimated Value
$629,755

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,755
Avg. Annual Appreciation
4.69%
Original Mortgage
$477,000
Outstanding Balance
$438,005
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$196,008

Purchase Details

Closed on
Nov 22, 2019
Sold by
New Pad Properties Llc
Bought by
Wal Venture Llc

Purchase Details

Listed on
Sep 3, 2014
Closed on
Feb 26, 2016
Sold by
Solid Rock Construction Inc
Bought by
New Pad Properties Llc
Seller's Agent
Bill Wells
RE/MAX Professionals
Buyer's Agent
Andrew Osazuwa
HomeSmart
List Price
$69,950
Sold Price
$50,000
Premium/Discount to List
-$19,950
-28.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.33%

Purchase Details

Closed on
Feb 13, 2003
Sold by
Thomas James R
Bought by
Solid Rock Construction Inc
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 Type Sale Price Title Company
Deed $530,000 Kvs Title Llc
Deed $45,000 Main Street Settlements Inc
Deed $50,000 Attorney
Deed $70,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $477,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2021 10/29/21 Sold $530,000 -0.9% $236 / Sq Ft
09/14/2021 09/14/21 Pending -- -- --
09/07/2021 09/07/21 Price Changed $534,900 -7.8% $238 / Sq Ft
08/25/2021 08/25/21 Price Changed $579,900 -3.3% $258 / Sq Ft
08/11/2021 08/11/21 For Sale $599,900 +1099.8% $267 / Sq Ft
02/26/2016 02/26/16 Sold $50,000 -28.5% --
01/15/2016 01/15/16 Pending -- -- --
09/03/2014 09/03/14 For Sale $69,950 -- --
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 $5,773 $437,233 $0 $0
2023 $5,488 $378,767 $0 $0
2022 $5,157 $320,300 $64,200 $256,100
2021 $931 $59,867 $0 $0
2020 $867 $55,533 $0 $0
2019 $733 $51,200 $51,200 $0
2018 $802 $51,200 $51,200 $0
2017 $802 $51,200 $0 $0
2016 -- $51,200 $0 $0
2015 $863 $51,200 $0 $0
2014 $863 $51,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Ray

    Seller's Agent in 2021

    Michael Ray

    Sunshine Properties Inc.

    (301) 980-8155

    1 in this area

    68 Total Sales

    Michael Ray
    Section Image
  • Helen Ray

    Seller Co-Listing Agent in 2021

    Helen Ray

    Sunshine Properties Inc.

    (240) 672-2720

    1 in this area

    52 Total Sales

    Helen Ray
    Section Image
  • Bruce Wertz

    Buyer's Agent in 2021

    Bruce Wertz

    Cranford & Associates

    (240) 286-3944

    1 in this area

    105 Total Sales

    Bruce Wertz
    Section Image
  • Bill Wells

    Seller's Agent in 2016

    Bill Wells

    RE/MAX

    (301) 717-9366

    24 Total Sales

    Bill Wells
    Section Image

  • A

    Buyer's Agent in 2016

    Andrew Osazuwa

    HomeSmart

    (240) 286-7404

    Andrew Osazuwa
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1003192478

Bright MLS

APN: 10-1122779

Maryland Prince George's County Laurel 20707 South Laurel

8314 Spruce Hill Dr, Laurel, MD

This home is located at 8314 Spruce Hill Dr, Laurel, MD 20707 and is currently priced at $50,000. 8314 Spruce Hill Dr is a home located in Prince George's County with nearby schools including James H. Harrison Elementary School, Dwight D. Eisenhower Middle School, and Laurel High School.

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