NOT LISTED FOR SALE

8416 Lily Ln Laurel, MD 20723

Estimated Value: $548,838 - $592,000

3 Beds
4 Baths
2,332 Sq Ft
$244/Sq Ft Est. Value

Last Sold May 12, 2023

Last sale price $540,000 $232 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,883/month

4 Days on Market

Highlights

  • Open Floorplan
  • Colonial Architecture
  • Wood Flooring
  • Fulton Elementary School Rated A
  • Deck
  • Space For Rooms

About This Home

As of May 2023

Be prepared to fall in love with this exceptional town home with tasteful upgrades, amazing floorplan, and located near the highest point of the sought-after Cherrytree Park community with front and back scenic views. This beautiful brick-front home excites you with one-of-a-kind highlights such as: covered deck and patio accesses on all 3 levels bringing in lots of natural light and all seasons indoor/outdoor living, 9'foot high ceiling on the main level and vaulted ceiling on all bedrooms, gleaming wood floor throughout, walk-out ground level backs to an open community park. Over $60,000 original builder and recent upgrades include: High-end 42" kitchen cabinets with brand new gas stove, center island, granite countertop, designer backsplash and stainless appliances, updated HVAC (2020), solid hardwood staircases, upgraded tiles on all baths, updated lightings, ceiling fans in guest rooms and newly painted whole house! Master bedroom suite features a walk-in closet, a luxurious bathroom with a double sink vanity, oversize soaking tub, a separate shower, and a covered deck where you can step out to enjoy the sunrise and coffee every morning. Spacious living room connecting to the formal dining area is perfect for family gatherings and entertaining. Breakfast room off the kitchen leads to the cozy family room with a fireplace and a lovely deck for your afternoon tea. The lower ground level offers a sizable recreation room, a separate office area, a laundry room, a half bath, and walk out to the covered patio perfect for home BBQs. In addition, this home is conveniently located near everything! Easy access to 95, 216, 198, 295, and convenient to Ft. Meade, DC, and Baltimore. Close to schools, banks, grocery shopping and restaurants including Subway, Dunkin Donuts, Food Lion! Come and visit right away, don't miss!!

Last Listed By

Mandy Rehm

RE/MAX Realty Group License #589407 Listed on: 04/21/2023

RE/MAX Realty Group

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,629

Year Built

  • Built in 2003

Lot Details

  • Backs To Open Common Area

HOA Fees

Parking

  • 1 Car Attached Garage
  • Front Facing Garage

Home Design

  • Colonial Architecture
  • Vinyl Siding
  • Brick Front
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,332 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Fireplace With Glass Doors
  • Screen For Fireplace
  • Window Treatments
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Game Room
  • Sun or Florida Room
  • Utility Room
  • Wood Flooring
  • Attic Fan

Kitchen

  • Gas Oven or Range
  • Range Hood
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom

Laundry

  • Front Loading Dryer
  • ENERGY STAR Qualified Washer

Finished Basement

  • Walk-Out Basement
  • Front and Rear Basement Entry
  • Space For Rooms
  • Basement Windows

Outdoor Features

  • Deck
  • Patio

Schools

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

Utilities

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

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 1406574947
  • $48 Front Foot Fee per year

Community Details

Overview

  • Association fees include exterior building maintenance, lawn care front, lawn care rear, lawn maintenance, management, insurance, reserve funds, road maintenance, snow removal
  • Cherrytree Park Community
  • Cherrytree Park Subdivision

Amenities

  • Common Area

Recreation

  • Bike Trail

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,629

Year Built

Built in 2003

Lot Details

0

HOA Fees

$135 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 2003
  • Automatically Close On Close Date: No
  • Remarks Public: Be prepared to fall in love with this exceptional town home with tasteful upgrades, amazing floorplan, and located near the highest point of the sought-after Cherrytree Park community with front and back scenic views. This beautiful brick-front home excites you with one-of-a-kind highlights such as: covered deck and patio accesses on all 3 levels bringing in lots of natural light and all seasons indoor/outdoor living, 9'foot high ceiling on the main level and vaulted ceiling on all bedrooms, gleaming wood floor throughout, walk-out ground level backs to an open community park. Over $60,000 original builder and recent upgrades include: High-end 42" kitchen cabinets with brand new gas stove, center island, granite countertop, designer backsplash and stainless appliances, updated HVAC (2020), solid hardwood staircases, upgraded tiles on all baths, updated lightings, ceiling fans in guest rooms and newly painted whole house! Master bedroom suite features a walk-in closet, a luxurious bathroom with a double sink vanity, oversize soaking tub, a separate shower, and a covered deck where you can step out to enjoy the sunrise and coffee every morning. Spacious living room connecting to the formal dining area is perfect for family gatherings and entertaining. Breakfast room off the kitchen leads to the cozy family room with a fireplace and a lovely deck for your afternoon tea. The lower ground level offers a sizable recreation room, a separate office area, a laundry room, a half bath, and walk out to the covered patio perfect for home BBQs. In addition, this home is conveniently located near everything! Easy access to 95, 216, 198, 295, and convenient to Ft. Meade, DC, and Baltimore. Close to schools, banks, grocery shopping and restaurants including Subway, Dunkin Donuts, Food Lion! Come and visit right away, don't miss!!
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Disposal, Dryer, Dryer - Front Loading, Energy Star Clothes Washer, Exhaust Fan, Oven/Range - Gas, Range Hood, Refrigerator, Washer, Washer - Front Loading, Water Heater
  • Interior Amenities: Attic/House Fan, Kitchen - Island, Dining Area, Primary Bath(s), Upgraded Countertops, Window Treatments, Wood Floors, Floor Plan - Open
  • Fireplace Features: Fireplace - Glass Doors, Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Game Room, Family Room, Foyer, Sun/Florida Room, Utility Room
  • Basement: Yes
  • Basement Type: Daylight, Full, Front Entrance, Fully Finished, Improved, Outside Entrance, Rear Entrance, Walkout Level, Space For Rooms, Windows
  • Total Sq Ft: 2332
  • Living Area Sq Ft: 2332
  • Price Per Sq Ft: 227.23
  • Above Grade Finished Sq Ft: 2332
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 8416

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding, Brick Front, Combination, Brick
  • 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
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 325.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Central, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 65.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 70.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Bike Trail, Common Grounds
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Lawn Care Front, Lawn Care Rear, Lawn Maintenance, Management, Insurance, Reserve Funds, Road Maintenance, Snow Removal
  • 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
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121139568958
  • School District Source: Listing Agent
  • Elementary School: FULTON
  • High School: RESERVOIR
  • Middle Or Junior School: HAMMOND

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 294300.00
  • Land Assessed Value: 185000.00
  • Land Use Code: TH
  • Lot Features: Backs - Open Common Area
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Year Assessed: 2023
  • Zoning: MXD
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15439557
  • Tax Annual Amount: 6629.00
  • Assessor Parcel Number: 1406574947
  • Tax Lot: 7
  • Tax Total Finished Sq Ft: 2332
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 05/12/2023

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
Apr 21, 2023
Closed on
May 11, 2023
Sold by
Liu Yi-Hsin and Liu Min-Chun
Bought by
Tuffer Belaye Alemayehu and Kassaye Aynalem Abera
Seller's Agent
Mandy Rehm
RE/MAX Realty Group
Buyer's Agent
Hermela Balcha
DMV Realty, INC.
List Price
$529,900
Sold Price
$540,000
Premium/Discount to List
$10,100
1.91%
Total Days on Market
4
Views
19
Current Estimated Value
$568,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,710
Avg. Annual Appreciation
2.50%
Original Mortgage
$519,463
Interest Rate
6.78%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 7, 2015
Closed on
Apr 7, 2015
Sold by
Lee Linda Sun Min
Bought by
Liu Yi Hsin and Liao Min Chun
Seller's Agent
Shishi Tolooee
Heymann Realty, LLC
Buyer's Agent
Yiqun Cen
Evergreen Properties
List Price
$430,000
Sold Price
$400,000
Premium/Discount to List
-$30,000
-6.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.77%
Original Mortgage
$300,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 2014
Sold by
Oh Young I
Bought by
Lee Linda Sun Min and Oh Linda Lee

Purchase Details

Closed on
Apr 13, 2007
Sold by
Oh Linda Lee
Bought by
Oh Linda Lee and Oh Young I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,546
Interest Rate
6.33%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 6, 2007
Sold by
Oh Linda Lee
Bought by
Oh Linda Lee and Oh Young I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,546
Interest Rate
6.33%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 15, 2004
Sold by
Jaramillo Patricia R
Bought by
Oh Linda Lee

Purchase Details

Closed on
Nov 19, 2003
Sold by
Cherrytree I Llc
Bought by
Jaramillo Patricia R

Range of Values:

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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
Tuffer Belaye Alemayehu $540,000 Universal Title
Liu Yi Hsin $400,000 Eastern Title & Settlement
Lee Linda Sun Min -- None Available
Oh Linda Lee -- --
Oh Linda Lee -- --
Oh Linda Lee $435,000 --
Jaramillo Patricia R $320,914 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tuffer Belaye Alemayehu $519,463
Previous Owner Liu Yi Hsin $300,000
Previous Owner Oh Linda L $134,546
Previous Owner Oil Linda Lee $384,800
Previous Owner Oh Linda Lee $75,000
Closed Jaramillo Patricia R --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2023 05/12/23 Sold $540,000 +1.9% $232 / Sq Ft
04/21/2023 04/21/23 For Sale $529,900 +32.5% $227 / Sq Ft
04/07/2015 04/07/15 Sold $400,000 -4.3% $172 / Sq Ft
02/18/2015 02/18/15 Pending -- -- --
01/20/2015 01/20/15 Price Changed $418,000 -2.8% $179 / Sq Ft
01/07/2015 01/07/15 For Sale $430,000 -- $184 / 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 $7,143 $463,800 $0 $0
2023 $6,870 $448,300 $0 $0
2022 $4,873 $432,800 $175,000 $257,800
2021 $3,217 $420,667 $0 $0
2020 $5,101 $408,533 $0 $0
2019 $5,716 $396,400 $137,500 $258,900
2018 $5,301 $380,367 $0 $0
2017 $4,859 $396,400 $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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Source: Bright MLS

MLS Number: MDHW2027482

Bright MLS

APN: 06-574947