See Home Value
$476,335*
House - Off Market

242 FEDERALSBURG S

LAUREL, MD 20724
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1662 Sqft
$302,000 - $368,000
Reference Base Price*
42.19%
Since May 1, 2020
National-US
Primary Model
Sold Nov 14, 2019
$340,000
$329,800 by American Bancshares Mortgage L
Mortgage Due Nov 01, 2049
Sold Aug 17, 2017
$289,900
$284,648 by Embrace Home Loans Inc
Mortgage Due Aug 01, 2047

About This Property

Conveniently Located Near Multiple Restaurants, Shopping Centers, Gyms & Much More! This Lovely Home Has Been Improved in 2018. Featuring: New Flooring, Updated Electric, Updated Bathroom & Kitchen. Private Parking & Plenty of Yard Space. Schedule Your Showing Now.

The manager has listed the unit size as 1662 square feet.
Unit Size
1,662Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$202
Property Type
House
Property Taxes
$2,870
HOA Dues
-
Year Built
1962

Price History

Date / Event Date Event Price
Apr 7, 2020 No longer available -
No longer available
Nov 14, 2019 Sold to Aquiles Munguia Lara, Hugo ... $340,000
Sold to Aquiles Munguia Lara, Hugo ...
Sep 16, 2019 Listed $335,000
Listed

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Quality: B
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 400
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 7,410
  • Total Building Area: 1,262
  • Gross Building Area: 1,262
  • Building Area: 1,262
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,662
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: SECTION 2 MARYLAND CITY
  • Land Acres: 0.17
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LT 65 SC 2 242 FEDERALSBURG SOUTH MARYLAND CITY

Ownership

  • Current Owner : LARA AQUILES MUNGUIA
  • Current Owner 2: MUNGUIA HUGO E
  • Previous Owner : BLANCO ISABEL
  • Previous Owner 2: CLEMENTE NESTOR O BLANCO
  • Owner Before Previous Owner: MARION I AND HENRY J KNOTT FOUNDATION
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Anne Arundel County Public Schools
  • Census Tract: 751500

Zoning

  • Zoning: R5

Geography

  • Assessors Map Reference: 19 17 172
  • Account Number: 47201665580
  • District: 04
  • Section: 2
  • Parcel: 04-472-01665580
  • Lot: 65
  • Latitude: 39.0968
  • Longitude: -76.8209

    Address

  • Full Address: 242 Federalsburg S
  • Address - House Number: 242
  • Street Segment Direction: S
  • Address - Street Name: Federalsburg
  • State: MD
  • City Name: Laurel
  • Carrier Code: C050
  • 4-Digit Zip Code: 2220
  • Zip Code: 20724

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,268

    Appraisal Valuation

  • Standard Deviation: 0.1553
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 80
  • Final Value: 419,686
  • High Value: 484,866
  • Low Value: 354,506

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $329,800
  • First Open Lien Mortgage Lender: AMERICAN BANCSHARES MORTGAGE L
  • First Open Lien Mortgage Recording Date: Nov 14, 2019
  • First Open Lien Mortgage Loan Amount: $329,800
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2049

    Market Valuation

  • Market Total Value: $338,100
  • Market Land Value: $197,600
  • Market Improvement Value: $140,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $299,300

    Sales

  • Current Sale Contract Date: Nov 01, 2019
  • Current Sale Recording Date: Nov 14, 2019
  • Current Sale Transaction ID: 11679674489
  • Current Sale Price: $340,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Aug 17, 2017
  • Previous Sale Contract Date: Jul 24, 2017
  • Previous Sale Amount: $289,900
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN BANCSHARES MORTGAGE L
  • First Mortgage Transaction Date: Nov 14, 2019
  • First Mortgage Loan Amount: $329,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: EMBRACE HOME LOANS INC
  • Previous Mortgage Transaction Date: Aug 17, 2017
  • Previous Mortgage Loan Amount: $284,648
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Aug 01, 2047



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
2 Baths
-
$377,100 Aug 16, 2022
$377,100 Mar 16, 2023
-
Condo
4 Beds
3 Baths
-
$289,900 Feb 22, 2023
-
-

About Maryland City


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Frequently Asked Questions

When was property at 242 Federalsburg South built and last sold?
The property at 242 Federalsburg South was built in 1962 and last sold on Nov 1, 2019 for $340,000.
How much is this home worth?
The estimated value of the home located at 242 Federalsburg South is $339,099.
What are some comparable homes to 242 Federalsburg South?
There are currently no comparable homes to 242 Federalsburg South.

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