See Home Value
Konterra 20707
7014 CHERRY LANE
$200,000
● Land - Off Market

7014 CHERRY LANE

LAUREL, MD 20707
bedrooms
Studio
bathrooms
0 Bath
$330,512
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

Incredible builder/developer opportunity on a total of 4.85 acres, 3 lots, for annexing into the city of Laurel for townhouse zoning or multifamily use. Possible larger parcels may be made available as well. Houses are being sold AS-IS and are not available to be seen because the main value is in the land. See PG10089220 and PG10089223. There is tons of potential here.
Unit Size
-
Days on Market
-
Land Size
0.61 acres
Price per sqft
-
Property Type
Land
Property Taxes
$328
HOA Dues
-
Year Built
1962

Payment Calculator

Cap Rate Calculator

Last updated: 10 months ago (Bright MLS #1003869771)

Price History

Date / Event Date Event Price
Jan 12, 2022 Sold
Sold
Dec 13, 2021 Sold
Sold
Oct 24, 2017 Listed by Coldwell Banker Realty $300,000
Listed by Coldwell Banker Realty
Incredible builder/developer opportunity on a total of 4.85 acres for annexing into the city of Laurel for townhouse zoning or multifamily use. Possible larger parcels may be made available as well.Houses are being sold AS IS and are not available to be seen because the main value is in the land. There is tons of potential here! 3 Lots: PG10089220 & PG10089223 are the other two.
May 21, 2004 Sold
Sold
Oct 1, 1979 Sold
Sold

Property Highlights


Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 9
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 1
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 26,477
  • Total Building Area: 1,568
  • Gross Building Area: 1,568
  • Building Area: 1,568
  • Building Area Measurement: T

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,568
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000608
  • Standard Land Use Code: 1001
  • County Land Use Code: R-B001
  • Legal Description 1: PT LOT 17B

Neighborhood

  • School District Name: Prince George's County Public Schools
  • Census Tract: 800106

Zoning

  • Zoning: RR

Geography

  • Assessors Map Reference: 5 E3 0
  • Account Number: 0993279
  • District: 10
  • Parcel: 10-0993279
  • Lot: 17B
  • Latitude: 39.0961
  • Longitude: -76.884

    Address

  • Full Address: 7014 Cherry Ln
  • Address - House Number: 7014
  • Address - Street Name: Cherry
  • Address - Suffix Type: Ln
  • State: MD
  • City Name: Laurel
  • Carrier Code: R002
  • 4-Digit Zip Code: 9417
  • Zip Code: 20707

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $392,091

    Appraisal Valuation

  • Standard Deviation: 0.1897
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 74
  • Final Value: 405,421
  • High Value: 482,337
  • Low Value: 328,505

    Market Valuation

  • Market Total Value: $405,600
  • Market Land Value: $84,400
  • Market Improvement Value: $321,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $352,600

    Sales

  • Current Sale Contract Date: Dec 13, 2021
  • Current Sale Recording Date: Jan 12, 2022
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: May 21, 2004
  • Previous Sale Amount: $186,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Konterra


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 9940 Naylor Avenue, LAUREL, MD, 20723

$2,700 /mo

  • 3 Beds
  • 2 Baths
  • 1,344 ft²
9940 Naylor Avenue, LAUREL, MD, 20723 Listing by Sarah Tavarez
Unit for rent at 610 Main Street, LAUREL, MD, 20707

$1,450 /mo

  • 1 Bed
  • 1 Bath
  • 637 ft²
610 Main Street #515, LAUREL, MD, 20707 Listing by Liyu Cao
Unit for rent at 603 7th Street, LAUREL, MD, 20707

$2,495 /mo

  • 2 Beds
  • 2 Baths
  • 1,769 ft²
603 7th Street #402, LAUREL, MD, 20707 Listing by Ericka S Black


Frequently Asked Questions

When was property at 7014 Cherry Lane built and last sold?
The property at 7014 Cherry Lane was built in 1962 and last sold on Dec 13, 2021 for $200,000.
How much is this home worth?
The estimated value of the home located at 7014 Cherry Lane is $0.
What are some comparable homes to 7014 Cherry Lane?
There are currently no comparable homes to 7014 Cherry Lane.