NOT LISTED FOR SALE

8505 Locust Grove Dr Laurel, MD 20707

South Laurel Neighborhood

Estimated Value: $409,000 - $445,000

3 Beds
2 Baths
936 Sq Ft
$452/Sq Ft Est. Value

Last Sold November 15, 2013

Last sale price $170,000 $182 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $2,774/month

84 Days on Market

Highlights

  • Combination Kitchen and Living
  • Heating Available
  • 4-minute walk to Oakcrest Laurel Park
  • No HOA

About This Home

As of November 2013

Great location. Bring your imagination and some elbow grease for this 3 bedroom detached home. A little work will awaken this sleeping beauty.

Last Agent to Sell the Property

Betty Gee

Long & Foster Real Estate, Inc. Listed on: 06/22/2013

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Chien Hui Cheng

Evergreen Properties License #585295

Evergreen Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,503

Year Built

  • Built in 1971

Lot Details

  • 7,500 Sq Ft Lot
  • Property is in below average condition
  • Property is zoned R55

Parking

  • Off-Street Parking

Home Design

  • Split Foyer
  • Brick Exterior Construction

Interior Spaces

  • Property has 2 Levels
  • Combination Kitchen and Living

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Improved Basement

  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Basement with some natural light

Utilities

  • Heating Available
  • Natural Gas Water Heater
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Oak Crest Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 17100998724

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,503

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architectural Style: Split Foyer
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1971
  • Remarks Public: Great location. Bring your imagination and some elbow grease for this 3 bedroom detached home. A little work will awaken this sleeping beauty.
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Combination Kitchen/Living
  • Fireplace: No
  • Entry Location: Foyer
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Connecting Stairway, Full, Improved, Daylight, Partial
  • Living Area Units: Square Feet
  • Street Number Modifier: 8505

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Construction Materials: Brick, Combination
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Refuse: 21.51
  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Hook/Up Avail

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 74700.00
  • Land Assessed Value: 75300.00
  • Lot Size Acres: 0.17
  • Lot Size Area: 7500
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7500.00
  • Property Condition: Below Average
  • Year Assessed: 2013
  • Zoning: R55

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14543848
  • Tax Annual Amount: 2502.82
  • Assessor Parcel Number: 17100998724
  • Tax Lot: 5
  • Tax Page Number: 204
  • Tax Total Finished Sq Ft: 936
  • County Tax Payment Frequency: Annually
  • Tax Year: 2012
  • Close Date: 11/15/2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2013
Closed on
Nov 15, 2013
Sold by
Bunn Robert
Bought by
Lin Dan
Seller's Agent
Betty Gee
Long & Foster Real Estate, Inc.
Buyer's Agent
Chien Hui Cheng
Evergreen Properties
List Price
$230,000
Sold Price
$170,000
Premium/Discount to List
-$60,000
-26.09%
Total Days on Market
84
Current Estimated Value
$422,806

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$252,806
Avg. Annual Appreciation
8.26%

Purchase Details

Closed on
Jun 29, 1984
Sold by
Gaither Sandra R
Bought by
Berger Martin
Source: Public Records

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Range of Values:

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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
Lin Dan $170,000 None Available
Berger Martin $68,100 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2013 11/15/13 Sold $170,000 -26.1% $182 / Sq Ft
09/14/2013 09/14/13 Pending -- -- --
06/22/2013 06/22/13 For Sale $230,000 -- $246 / 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 $4,925 $304,600 $0 $0
2023 $4,628 $284,700 $0 $0
2022 $4,333 $264,800 $100,700 $164,100
2021 $4,221 $257,267 $0 $0
2020 $4,109 $249,733 $0 $0
2019 $3,997 $242,200 $75,300 $166,900
2018 $3,664 $219,800 $0 $0
2017 $3,331 $197,400 $0 $0
2016 -- $175,000 $0 $0
2015 $2,887 $166,667 $0 $0
2014 $2,887 $158,333 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Betty Gee

    Seller's Agent in 2013

    Betty Gee

    Long & Foster

    (202) 246-4331

    13 Total Sales

    Betty Gee
    Section Image

  • C

    Buyer's Agent in 2013

    Chien Hui Cheng

    Evergreen Properties

    (202) 271-1268

    11 Total Sales

    Chien Hui Cheng
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1003561170

Bright MLS

APN: 10-0998724

Maryland Prince George's County Laurel 20707 South Laurel

8505 Locust Grove Dr, Laurel, MD

This home is located at 8505 Locust Grove Dr, Laurel, MD 20707 since 22 June 2013 and is currently estimated at $422,806, approximately $451 per square foot. This property was built in 1971. 8505 Locust Grove 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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