NOT LISTED FOR SALE

8414 Lily Ln Laurel, MD 20723

Estimated Value: $546,958 - $589,000

3 Beds
2.5 Baths
2,332 Sq Ft
$243/Sq Ft Est. Value

Last Sold September 30, 2015

Last sale price $408,000 $175 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $3,704/month

54 Days on Market

Highlights

  • Colonial Architecture
  • Traditional Floor Plan
  • Jogging Path
  • Fulton Elementary School Rated A
  • 1 Fireplace
  • 1 Car Attached Garage

About This Home

As of September 2015

Back on the market. 3 level TH style condo in Cherrytree Park features 3 bed 2.5 bath and 1 car garage. Hardwood floors stairs, main level and upper level. Kitchen w/ granite counter tops , center island, and SS appliances. Upgraded light fixtures. Decks on each level and patio.

Last Agent to Sell the Property

Nina Bonan

(240) 643-4989 nina.bonan@gmail.com Top Pro Realtors License #531433 Listed on: 07/02/2015

Last Buyer's Agent

Andy Ahn

(410) 440-9706 andyahn.realtor@gmail.com Realty 1 Maryland, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,761

Year Built

  • Built in 2003

Lot Details

  • Two or More Common Walls

HOA Fees

Parking

  • 1 Car Attached Garage
  • Front Facing Garage
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Brick Front

Interior Spaces

  • 2,332 Sq Ft Home
  • Property has 3 Levels
  • Traditional Floor Plan
  • 1 Fireplace
  • Combination Dining and Living Room

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2.5 Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Reservoir High School

Utilities

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

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 1406574955
  • $48 Front Foot Fee per year

Community Details

Overview

  • Association fees include management, insurance, road maintenance
  • Cherrytree Park Community
  • Cherrytree Park Subdivision
  • The community has rules related to commercial vehicles not allowed, no recreational vehicles, boats or trailers

Recreation

  • Jogging Path
  • Bike Trail

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,761

Year Built

Built in 2003

Lot Details

0

HOA Fees

$141 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Condominium
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 2003
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Stove, Refrigerator, Washer, Microwave
  • Interior Amenities: Combination Dining/Living, Kitchen - Island, Floor Plan - Traditional
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Common Walls: 2+ Common Walls
  • Entry Location: Townhouse
  • Levels Count: 3+
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 2332
  • Living Area Sq Ft: 2332
  • Price Per Sq Ft: 178.39
  • Above Grade Finished Sq Ft: 2332
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick Front
  • Pool Private: No
  • 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
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off 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: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 80.27
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • Condo Co-Op Fee: 61.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Bike Trail, Jog/Walk Path
  • HOA Condo Co-Op Fee Includes: Management, Insurance, Road Maintenance
  • HOA Condo Co-Op Rules: Commercial Vehicles Prohibited, Rv/Boat/Trail
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • High School: RESERVOIR

Lot Info

  • Improvement Assessed Value: 210800.00
  • Land Assessed Value: 137500.00
  • Property Attached Yn: Yes
  • Zoning: MXD

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15439558
  • Tax Annual Amount: 4760.66
  • Assessor Parcel Number: 1406574955
  • Tax Lot: 8
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014

Multi Family

  • Front Foot Fee: 48.50

MLS Schools

  • School District Name: HOWARD COUNTY PUBLIC SCHOOL SYSTEM

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2015
Closed on
Sep 30, 2015
Sold by
Chon Young Sik and Chon Eun Ran
Bought by
Woldemichael Asrat and Woldemichael Martha
Seller's Agent
Nina Bonan
Top Pro Realtors
Buyer's Agent
Andy Ahn
Realty 1 Maryland, LLC
List Price
$416,000
Sold Price
$408,000
Premium/Discount to List
-$8,000
-1.92%
Current Estimated Value
$566,740

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,740
Avg. Annual Appreciation
3.28%
Original Mortgage
$367,200
Outstanding Balance
$288,909
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$277,831

Purchase Details

Closed on
Nov 10, 2003
Sold by
Cherrytree I Llc
Bought by
Chon Young Sik and Chon Eun Ran
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Woldemichael Asrat $408,000 First American Title Ins Co
Chon Young Sik $291,134 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Woldemichael Asrat $367,200
Closed Chon Young Sik --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2015 09/30/15 Sold $408,000 -1.9% $175 / Sq Ft
08/25/2015 08/25/15 Pending -- -- --
08/18/2015 08/18/15 For Sale $416,000 0.0% $178 / Sq Ft
07/23/2015 07/23/15 Pending -- -- --
07/02/2015 07/02/15 For Sale $416,000 -- $178 / 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 $7,090 $475,400 $185,000 $290,400
2024 $7,090 $460,100 $0 $0
2023 $6,820 $444,800 $0 $0
2022 $4,836 $429,500 $175,000 $254,500
2021 $6,299 $417,367 $0 $0
2020 $6,211 $405,233 $0 $0
2019 $5,669 $393,100 $137,500 $255,600
2018 $5,271 $378,167 $0 $0
2017 $4,859 $393,100 $0 $0
2016 -- $348,300 $0 $0
2015 -- $344,633 $0 $0
2014 -- $340,967 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000854965

Bright MLS

APN: 06-574955