NOT LISTED FOR SALE

8702 Locust Grove Dr Laurel, MD 20707

South Laurel Neighborhood

Estimated Value: $444,000 - $505,672

5 Beds
3 Baths
2,328 Sq Ft
$209/Sq Ft Est. Value

Last Sold August 09, 2013

Last sale price $180,000 $77 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $2,883/month

Highlights

  • 0.34 Acre Lot
  • No HOA
  • Dining Area
  • 1 Fireplace
  • Forced Air Heating and Cooling System
  • 2-minute walk to Oakcrest Laurel Park

About This Home

As of November 2013

Beautifully renovated SFH in Laurel for rent. Close to Laurel Mall, shopping, restaurant, etc. Off Road 1, easy commute to everywhere. 3 bedrooms 2 full baths on main level. 2 bedrooms 1 full bath in fully finished, walkout level basement. New kitchen and baths. Hardwood floors on main level, ceramic tile on lower level. 1 month security deposit. Need good income and credit.

Last Agent to Rent the Property

Baochun Ge

(443) 883-1648 bgebox@yahoo.com Long River Realty LLC License #IB98368660 Listed on: 10/16/2013

Last Renter's Agent

Non Member Member

beta@mris.net Metropolitan Regional Information Systems, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,898

Year Built

  • Built in 1977

Lot Details

  • 0.34 Acre Lot
  • Property is zoned R55

Parking

  • Off-Street Parking

Home Design

  • Split Foyer
  • Brick Exterior Construction

Interior Spaces

  • Property has 2 Levels
  • 1 Fireplace
  • Dining Area

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms
  • 3 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Rear Basement Entry

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Residential Lease
  • Security Deposit $1,950
  • Tenant pays for all utilities, gutter cleaning, lawn/tree/shrub care
  • 12-Month Minimum Lease Term
  • Available 10/16/13
  • $35 Application Fee
  • Assessor Parcel Number 17101104454

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,898

Year Built

Built in 1977

Lot Details

0

Rental Info

  • Date Available: 2013-10-16
  • Application Fee: 35.00
  • Lease Term: 12 Months
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Security Deposit: 1950.00
  • Tenant Pays: Utilities - All, Gutter Cleaning, Lawn/Tree/Shrub Care
  • Vacation Rental: No

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Detached
  • Architectural Style: Split Foyer
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Dining Area
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Rear Entrance, Full, Fully Finished, Walkout Level
  • Living Area Units: Square Feet
  • Total Sq Ft: 2328
  • Living Area Sq Ft: 2328
  • Price Per Sq Ft: 1.68
  • Above Grade Finished Sq Ft: 1164
  • Below Grade Finished Sq Ft: 1164
  • Total Below Grade Sq Ft: 1164
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Combination, Brick
  • 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

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air, 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

Lot Info

  • Lot Size Acres: 0.34
  • Lot Size Area: 15000
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15000.00
  • Zoning: R55

Tax Info

  • Assessor Parcel Number: 14551740
  • Assessor Parcel Number: 17101104454

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 25, 2019
Sold by
Chan Wai Chun and Chang David
Bought by
Chan Wai Chun
Current Estimated Value
$485,918

Purchase Details

Listed on
Jul 12, 2013
Closed on
Jul 26, 2013
Sold by
Wells Fargo Delaware Trust Company Na
Bought by
Chan Wai Chun and Chang David
Seller's Agent
Angie Hashempour
Hometime Realty, LLC
Buyer's Agent
Lisa Liu
Long River Realty LLC
List Price
$189,900
Sold Price
$180,000
Premium/Discount to List
-$9,900
-5.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.39%

Purchase Details

Listed on
Jul 12, 2013
Closed on
Jun 27, 2013
Sold by
Alvarenga Carlos Anibal and Alvarenga Jorge J
Bought by
Wells Fargo Delaware Trust Company Na
Seller's Agent
Angie Hashempour
Hometime Realty, LLC
Buyer's Agent
Lisa Liu
Long River Realty LLC
List Price
$189,900
Sold Price
$180,000
Premium/Discount to List
-$9,900
-5.21%

Purchase Details

Closed on
Oct 10, 2006
Sold by
Velazquez Antonio J Etal
Bought by
Alvarenga Jorge J and Alvarenga Carlos A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,000
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 25, 2006
Sold by
Velazquez Antonio J Etal
Bought by
Alvarenga Jorge J and Alvarenga Carlos A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,000
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 31, 2006
Sold by
Velazquez Antonio Etal
Bought by
Velazquez Antonio J Etal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,000
Interest Rate
6.15%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Feb 21, 2006
Sold by
Velazquez Antonio Etal
Bought by
Velazquez Antonio J Etal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,000
Interest Rate
6.15%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Nov 18, 2004
Sold by
Pair Glenn C
Bought by
Velazquez Antonio
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Chan Wai Chun -- Icon Title Llc
Chan Wai Chun $180,000 Courtesy Title & Escrow Corp
Wells Fargo Delaware Trust Company Na $159,899 None Available
Alvarenga Jorge J $415,000 --
Alvarenga Jorge J $415,000 --
Velazquez Antonio J Etal -- --
Velazquez Antonio J Etal -- --
Velazquez Antonio $280,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alvarenga Jorge J $83,000
Previous Owner Alvarenga Jorge J $83,000
Previous Owner Velazquez Antonio $277,000
Previous Owner Velazquez Antonio J Etal $277,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/07/2013 11/07/13 Rented $1,950 -7.1% --
11/07/2013 11/07/13 Under Contract -- -- --
10/16/2013 10/16/13 For Rent $2,100 0.0% --
08/09/2013 08/09/13 Sold $180,000 -5.2% $77 / Sq Ft View Prior Sale
07/24/2013 07/24/13 Pending -- -- --
07/12/2013 07/12/13 For Sale $189,900 -- $82 / 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 $3,898 $395,400 $112,200 $283,200
2024 $3,898 $370,067 $0 $0
2023 $5,521 $344,733 $0 $0
2022 $3,552 $319,400 $102,200 $217,200
2021 $4,806 $311,867 $0 $0
2020 $4,920 $304,333 $0 $0
2019 $5,849 $296,800 $76,100 $220,700
2018 $5,539 $267,500 $0 $0
2017 $3,502 $238,200 $0 $0
2016 -- $208,900 $0 $0
2015 $3,236 $206,567 $0 $0
2014 $3,236 $204,233 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Baochun Ge

    Landlord's Agent in 2013

    Baochun Ge

    Long River Realty LLC

    (443) 883-1648

    20 Total Sales

    Baochun Ge
    Section Image
  • Angie Hashempour

    Seller's Agent in 2013

    Angie Hashempour

    Hometime Realty, LLC

    (301) 793-3614

    185 Total Sales

    Angie Hashempour
    Section Image

  • N

    Tenant's Agent in 2013

    Non Member Member

    Metropolitan Regional Information Systems

  • L

    Buyer's Agent in 2013

    Lisa Liu

    Long River Realty LLC

    (301) 518-8270

    56 Total Sales

    Lisa Liu
    Section Image
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Map

Source: Bright MLS

MLS Number: 1003745624

Bright MLS

APN: 10-1104454

Maryland Prince George's County Laurel 20707 South Laurel

8702 Locust Grove Dr, Laurel, MD

Not Listed for Sale

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