8500 Locust Grove Dr Laurel, MD 20707
South Laurel NeighborhoodEstimated Value: $429,000 - $452,000
3
Beds
1
Bath
1,620
Sq Ft
$273/Sq Ft
Est. Value
Highlights
- View of Trees or Woods
- Private Lot
- Backs to Trees or Woods
- 0.34 Acre Lot
- Raised Ranch Architecture
- 4-minute walk to Oakcrest Laurel Park
About This Home
As of January 2024This delightful, raised ranch home located on a lovely .36 acre lot presents a wonderful opportunity, especially for investors or those with a passion for transforming a home with their own personal vision. Nestled within a peaceful neighborhood, this home boasts three cozy bedrooms and a single full bath, creating a snug and inviting atmosphere. The interior of the house reveals hardwood floors throughout the main level, a light filled living room, separate but open dining room, kitchen, and enclosed rear porch and a partially finished basement. This home provides a canvas eagerly awaiting the creative touch of its new owner, offering endless possibilities for customization or expansion to suit their unique style and needs. The charm of the property extends to its exterior, where the yard provides an idyllic setting for leisurely relaxation or engaging outdoor activities. This space is perfect for those who appreciate the serenity of nature or seek a private oasis for gardening and weekend projects. Marketed "as is," this property is a tantalizing opportunity for investors or homebuyers who are looking to make a mark on their new home and enhance its value through personalization and improvement. In summary, this rambler is an ideal choice for someone seeking a property brimming with potential, offering a blend of comfort and opportunity for customization, all set within a welcoming and homely environment in a spectacular location!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,058
Year Built
- Built in 1954
Lot Details
- 0.34 Acre Lot
- Landscaped
- Private Lot
- Level Lot
- Backs to Trees or Woods
- Back and Front Yard
- Property is zoned RSF65
Property Views
- Woods
- Garden
Home Design
- Raised Ranch Architecture
- Permanent Foundation
- Aluminum Siding
- Stone Siding
Interior Spaces
- Property has 2 Levels
- Built-In Features
- Chair Railings
- Wainscoting
- Entrance Foyer
- Family Room Off Kitchen
- Living Room
- Formal Dining Room
- Sun or Florida Room
- Storage Room
- Storm Doors
- Electric Oven or Range
Flooring
- Wood
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- En-Suite Primary Bedroom
- 1 Full Bathroom
- Bathtub with Shower
Laundry
- Laundry Room
- Laundry on lower level
- Dryer
- Washer
Partially Finished Basement
- Walk-Out Basement
- Space For Rooms
Parking
- 6 Parking Spaces
- 6 Driveway Spaces
- Off-Street Parking
Outdoor Features
- Patio
- Exterior Lighting
- Shed
- Porch
Schools
- James H. Harrison Elementary School
- Dwight D. Eisenhower Middle School
- Laurel High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Oil
- Electric Water Heater
Community Details
- No Home Owners Association
- Oak Crest Subdivision, Fantastic Home! Floorplan
Listing and Financial Details
- Assessor Parcel Number 17101050533
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 22, 2023
Closed on
Jan 30, 2024
Sold by
Headley Cheryl Elizabeth and Headley Tyler William
Bought by
Guzman Dolores E
Seller's Agent
Jennifer Young
Keller Williams Realty
Buyer's Agent
Sandra Guzman
Argent Realty LLC
List Price
$375,000
Sold Price
$405,000
Premium/Discount to List
$30,000
8%
Total Days on Market
4
Views
159
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,972
Avg. Annual Appreciation
6.63%
Original Mortgage
$253,500
Outstanding Balance
$250,245
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$191,727
Purchase Details
Closed on
Sep 18, 2021
Sold by
Headley William J and Headley Flora Elaine
Bought by
Headley William J and Headley Cheryl Elizabeth
Purchase Details
Closed on
Aug 28, 2018
Sold by
Headley Flora Elaine and Headley William J
Bought by
Headley Flora Elaine and Headley William J
Similar Homes in Laurel, MD
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Guzman Dolores E | $405,000 | Realty Title | |
| Headley William J | -- | None Available | |
| Headley Flora Elaine | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Guzman Dolores E | $253,500 | |
| Previous Owner | Headley Flora E | $50,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/30/2024 01/30/24 | Sold | $405,000 | +8.0% | $250 / Sq Ft |
| 12/27/2023 12/27/23 | Pending | -- | -- | -- |
| 12/22/2023 12/22/23 | For Sale | $375,000 | -- | $231 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $5,518 | $294,067 | $0 | $0 |
| 2023 | $4,376 | $278,633 | $0 | $0 |
| 2022 | $2,927 | $263,200 | $102,200 | $161,000 |
| 2021 | $1,465 | $251,033 | $0 | $0 |
| 2020 | $1,385 | $238,867 | $0 | $0 |
| 2019 | $1,306 | $226,700 | $76,100 | $150,600 |
| 2018 | $1,306 | $208,800 | $0 | $0 |
| 2017 | $1,306 | $190,900 | $0 | $0 |
| 2016 | -- | $173,000 | $0 | $0 |
| 2015 | $2,563 | $173,000 | $0 | $0 |
| 2014 | $2,563 | $173,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jennifer Young
Seller's Agent in 2024
Jennifer Young
Keller Williams Realty
(703) 674-1777
5 in this area
1,746 Total Sales
-
Sandra Guzman
Buyer's Agent in 2024
Sandra Guzman
Argent Realty LLC
(240) 706-4663
1 in this area
35 Total Sales
Map
Source: Bright MLS
MLS Number: MDPG2097114
APN: 10-1050533
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