NOT LISTED FOR SALE

916 7th St Laurel, MD 20707

Estimated Value: $366,844 - $448,000

Studio
2 Baths
1,748 Sq Ft
$230/Sq Ft Est. Value

Last Sold October 15, 2020

Last sale price $343,000 $196 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,547/month

5 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Double Pane Windows
  • Wood Flooring
  • Galley Kitchen
  • Forced Air Heating and Cooling System

About This Home

As of October 2020

Great for investor! Or Homeowner could live in one, rent out the other and have housing cost that is very affordable. This multi family has 2 units. Each are 2 bed 1 bath. Excellent location. In neighborhood that is walking distance from Laurel shopping center. Giant Food. Panera Bread and much more. Updated with good recess lighting, and modern bathrooms, Kohler cast iron tubs with ceramic tile and glass tile listello. Kitchens completely updated with built-in microwaves, dishwashers, disposals. Roof replaced with APP Torch roof. Foam insulation on ceiling, walls and crawl space. Pre-wired with cable. Water sub-meter in each apartment. Note: There are tenants in the apartments. One lease is on January 31, 2021 and transitions to month to month. The other is up on February 28, 2021 and transitions to month to month. *916 is half of the building and contains units 916 and 918. The other half of the building 912 7th St. is also for sale. The floor plan is identical and has the same renovations. MLS# MDPG575178

Last Agent to Sell the Property

Dale Mattison

(202) 494-7653 dale@themattisongroup.com Long & Foster Real Estate, Inc. License #0225050156 Listed on: 08/21/2020

Long & Foster Real Estate, Inc.

Co-Listed By

Alexandru Raducanu

(202) 509-7668 alexr@lnf.com Long & Foster Real Estate, Inc.

Last Buyer's Agent

Billy Okoye

(240) 462-5679 billy@sold100.com Sold 100 Real Estate, Inc. License #598260

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,503

Year Built

  • Built in 1951

Lot Details

  • 3,814 Sq Ft Lot
  • Sprinkler System
  • Property is in very good condition

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Colonial Architecture
  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 1,748 Sq Ft Home
  • Double Pane Windows
  • Insulated Windows
  • Dining Area

Kitchen

  • Galley Kitchen
  • Gas Oven or Range
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Utilities

  • Forced Air Heating and Cooling System
  • 120/240V
  • 100 Amp Service
  • Natural Gas Water Heater

Listing and Financial Details

  • The owner pays for insurance, repairs, real estate taxes
  • Tax Lot 20
  • Assessor Parcel Number 17101021930

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Insurance Expense $706

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,503

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1951
  • Automatically Close On Close Date: Yes
  • Building Winterized: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Icemaker, Oven/Range - Gas, Refrigerator, Water Heater
  • Flooring Type: Carpet, Hardwood
  • Interior Amenities: Dining Area, Kitchen - Galley, Sprinkler System
  • Window Features: Double Pane, Insulated
  • Fireplace: No
  • Basement: No
  • Total Sq Ft: 1748
  • Living Area Sq Ft: 1748
  • Price Per Sq Ft: 193.94
  • Above Grade Finished Sq Ft: 1748
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: Flat
  • Spa: 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: On Street

Utilities

  • Refuse: 34.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 100 Amp Service, 120/240V, Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Natural Gas Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 229600.00
  • Land Assessed Value: 75000.00
  • Lot Size Acres: 0.09
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3814.00
  • Property Condition: Very Good
  • Zoning: R18
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Owner Pays: Insurance, Repairs, Taxes - Real Estate
  • Rent Control: No
  • Total Actual Rent: 30240.00
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14545559
  • Tax Annual Amount: 4503.00
  • Assessor Parcel Number: 17101021930
  • Tax Lot: 20
  • Tax Page Number: 184
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

Multi Family

  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2020
Closed on
Oct 15, 2020
Sold by
Blumenstock Kenneth Alan and Blumenstock Olga Quiros
Bought by
Ajiri Christopher Nkem
Seller's Agent
Dale Mattison
Long & Foster Real Estate, Inc.
Buyer's Agent
Billy Okoye
Sold 100 Real Estate, Inc.
List Price
$339,000
Sold Price
$343,000
Premium/Discount to List
$4,000
1.18%
Current Estimated Value
$401,461

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,461
Avg. Annual Appreciation
3.03%
Original Mortgage
$257,250
Outstanding Balance
$228,393
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$173,068

Purchase Details

Closed on
Jan 5, 2018
Sold by
Duet Enterprises Llc
Bought by
Blumenstock Kenneth Alan and Blumenstock Olga Quiros

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 28, 1996
Sold by
Blahnik Francis G and Etal Delores H
Bought by
Duet Enterprises L L C

Purchase Details

Closed on
Mar 26, 1987
Sold by
Blank Arthur E
Bought by
Blahnik Francis G and Blahnik Delores H
Source: Public Records
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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
Ajiri Christopher Nkem $343,000 Home First Title Group Llc
Blumenstock Kenneth Alan $140,000 Rgs Title Llc
Duet Enterprises L L C $80,000 --
Blahnik Francis G $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ajiri Christopher Nkem $257,250
Previous Owner Blumenstock Kenneth Alan $170,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2020 10/15/20 Sold $343,000 +1.2% $196 / Sq Ft
10/01/2020 10/01/20 Price Changed $339,000 0.0% $194 / Sq Ft
08/26/2020 08/26/20 Pending -- -- --
08/21/2020 08/21/20 For Sale $339,000 -- $194 / 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 $5,618 $302,400 $90,000 $212,400
2024 $5,618 $302,400 $90,000 $212,400
2023 $5,583 $302,400 $90,000 $212,400
2022 $5,572 $304,600 $75,000 $229,600
2021 $5,487 $301,933 $0 $0
2020 $5,436 $299,267 $0 $0
2019 $5,810 $296,600 $75,000 $221,600
2018 $4,947 $271,233 $0 $0
2017 $4,067 $245,867 $0 $0
2016 -- $220,500 $0 $0
2015 $3,645 $216,967 $0 $0
2014 $3,645 $213,433 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDPG577964

Bright MLS

APN: 10-1021930