NOT LISTED FOR SALE

8703 Teresa Ln Laurel, MD 20723

Estimated Value: $822,000 - $873,771

-- Bed
5 Baths
2,446 Sq Ft
$344/Sq Ft Est. Value

About This Home

This home is located at 8703 Teresa Ln, Laurel, MD 20723 and is currently estimated at $840,943, approximately $343 per square foot. 8703 Teresa Ln is a home located in Howard County with nearby schools including Hammond Elementary School, Hammond Middle School, and Reservoir High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 2006
Sold by
Merson Kenneth D
Bought by
Thornton Steven W and Thornton Carolyn T
Current Estimated Value
$840,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Outstanding Balance
$209,449
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$631,494

Purchase Details

Closed on
Jul 19, 2006
Sold by
Merson Kenneth D
Bought by
Thornton Steven W and Thornton Carolyn T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Outstanding Balance
$209,449
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$631,494

Purchase Details

Closed on
Oct 16, 1984
Sold by
Mobley Gilbert A
Bought by
Merson Kimberly Ruth Mobley
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
Thornton Steven W $685,000 --
Thornton Steven W $685,000 --
Merson Kimberly Ruth Mobley $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thornton Steven W $350,000
Closed Thornton Steven W $350,000
Source: Public Records

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 $9,216 $657,900 $249,700 $408,200
2024 $9,216 $598,533 $0 $0
2023 $8,202 $539,167 $0 $0
2022 $7,309 $479,800 $179,700 $300,100
2021 $7,309 $479,800 $179,700 $300,100
2020 $3,364 $479,800 $179,700 $300,100
2019 $8,174 $540,000 $232,600 $307,400
2018 $7,695 $534,000 $0 $0
2017 $3,185 $540,000 $0 $0
2016 -- $522,000 $0 $0
2015 -- $506,467 $0 $0
2014 -- $490,933 $0 $0
Source: Public Records

Map

Maryland Howard County Laurel 20723

8703 Teresa Ln, Laurel, MD

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