NOT LISTED FOR SALE

8642 Tower Dr Laurel, MD 20723

Estimated Value: $614,000 - $686,000

4 Beds
3 Baths
1,137 Sq Ft
$574/Sq Ft Est. Value

Last Sold May 25, 2018

Last sale price $465,000 $409 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $4,043/month

5 Days on Market

Highlights

  • Open Floorplan
  • Deck
  • No HOA
  • Hammond Elementary School Rated A
  • Private Lot
  • 2 Car Attached Garage

About This Home

As of May 2018

Absolutely stunning home with open floor plan on a perfect half acre lot! This tastefully renovated home boasts 4 bedrooms, 3 full baths, and an oversized 2 car garage! Gorgeous kitchen with granite counters & stainless steel appliances. All baths have been updated with granite & ceramic tile. Fully fenced yard with beautiful deck, fire pit, and large shed. Great location!

Last Agent to Sell the Property

Melissa Spaid-Decker

(301) 395-8082 mlsred1980@yahoo.com Keller Williams Realty Centre License #0645985 Listed on: 04/19/2018

Keller Williams Realty Centre

Last Buyer's Agent

Sean Ponder

(202) 370-1874 sean@seanponder.com EXP Realty, LLC License #0225214527

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,436

Year Built

  • Built in 1983

Lot Details

  • 0.48 Acre Lot
  • Back Yard Fenced
  • Private Lot
  • Property is in very good condition
  • Property is zoned R20

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Split Foyer
  • Aluminum Siding

Interior Spaces

  • 1,137 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Family Room
  • Living Room
  • Dining Room
  • Kitchen Island
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Deck
  • Shed

Utilities

  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 1406437818

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,436

Year Built

Built in 1983

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • 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, Upper 1
  • Year Built: 1983
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Combination Kitchen/Dining, Kitchen - Island, Combination Kitchen/Living, Floor Plan - Open
  • Fireplace: No
  • Entry Location: Foyer
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Laundry
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1137
  • Living Area Sq Ft: 1137
  • Price Per Sq Ft: 413.28
  • Above Grade Finished Sq Ft: 1137
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Shed
  • Construction Materials: Aluminum Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage, Asphalt Driveway
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Driveway, Attached Garage

Utilities

  • Refuse: 225.00
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Fencing: Rear
  • Improvement Assessed Value: 146200.00
  • Land Assessed Value: 182800.00
  • Lot Features: Private
  • Lot Size Acres: 0.48
  • Lot Size Area: 20995
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 20995.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Very Good
  • Zoning: R20

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15393605
  • Tax Annual Amount: 4436.41
  • Assessor Parcel Number: 1406437818
  • Tax Lot: 4
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

MLS Schools

  • School District Name: HOWARD COUNTY PUBLIC SCHOOL SYSTEM

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2018
Closed on
May 25, 2018
Sold by
Spaid Kristine and Huntington Jason
Bought by
Phetphongsy Outhong M and Phetphongsy Pamela Rose
Seller's Agent
Melissa Spaid-Decker
Keller Williams Realty Centre
Buyer's Agent
Sean Ponder
EXP Realty, LLC
List Price
$469,900
Sold Price
$465,000
Premium/Discount to List
-$4,900
-1.04%
Current Estimated Value
$652,746

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,746
Avg. Annual Appreciation
4.52%
Original Mortgage
$441,750
Outstanding Balance
$379,614
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$273,132

Purchase Details

Listed on
Sep 26, 2013
Closed on
Dec 23, 2013
Sold by
Trent Barry C and Davis Richmond Tp
Bought by
Spaid Kristine and Huntington Jason
Seller's Agent
Sandra Bowser
Coldwell Banker Realty
Buyer's Agent
Melissa Spaid-Decker
Keller Williams Realty Centre
List Price
$400,000
Sold Price
$385,000
Premium/Discount to List
-$15,000
-3.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.36%
Original Mortgage
$346,500
Interest Rate
4.24%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 1994
Sold by
Schmitt E G
Bought by
Trent Barry C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,600
Interest Rate
8.44%

Purchase Details

Closed on
Oct 22, 1987
Sold by
Claudy Michael B
Bought by
Schmitt Ernest G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,800
Interest Rate
11.58%

Purchase Details

Closed on
Jan 17, 1983
Sold by
Maple Lawn Farms Inc
Bought by
Claudy Michael B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,300
Interest Rate
13.31%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Phetphongsy Outhong M $465,000 Greater Maryland Title Llc
Spaid Kristine $385,000 Lakeside Title Company
Trent Barry C $172,000 --
Schmitt Ernest G $138,500 --
Claudy Michael B $22,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phetphongsy Outhong M $441,750
Previous Owner Spaid Kristine $346,500
Previous Owner Trent Barry C $137,600
Previous Owner Schmitt Ernest G $110,800
Previous Owner Claudy Michael B $64,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/25/2018 05/25/18 Sold $465,000 -1.0% $409 / Sq Ft
04/24/2018 04/24/18 Pending -- -- --
04/19/2018 04/19/18 For Sale $469,900 +22.1% $413 / Sq Ft
12/23/2013 12/23/13 Sold $385,000 -3.8% $339 / Sq Ft View Prior Sale
11/25/2013 11/25/13 Pending -- -- --
09/26/2013 09/26/13 For Sale $400,000 -- $352 / 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 $7,845 $529,900 $249,900 $280,000
2024 $7,845 $503,133 $0 $0
2023 $7,300 $476,367 $0 $0
2022 $6,875 $449,600 $239,900 $209,700
2021 $6,009 $409,400 $0 $0
2020 $5,720 $369,200 $0 $0
2019 $4,744 $329,000 $182,800 $146,200
2018 $4,678 $316,867 $0 $0
2017 $4,344 $329,000 $0 $0
2016 -- $292,600 $0 $0
2015 -- $291,800 $0 $0
2014 -- $291,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000417240

Bright MLS

APN: 06-437818