See Home Value
$610,000
● House - Off Market

7202 BAY WOOD DR

LANHAM, MD 20706
bedrooms
5 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
2,448 Ft²
$3,631
Est. Monthly
$635
HOA / Fees
6.62%
Cap Rate

About This Property

Welcome to this stunning colonial home located in one of Lanham's most desirable neighborhoods, offering unparalleled convenience and comfort. This spacious property features a two-car attached garage and a striking two-story foyer with ceilings  on the rest of the main level over 8 feet tall, creating an inviting and airy entrance. The main level boasts a formal living room, dining room, powder room, and an open-concept kitchen and family room with a cozy gas fireplace. A main level home office provides a private workspace that could double as a bedroom, but is not counted in the bedroom count of the home on the mls. From the family room just step outside to a large deck, perfect for entertaining, with steps leading down to the rear yard.

The upper level features four generously sized bedrooms and two full baths. The luxurious primary suite includes two walk-in closets plus an additional closet, and a spa-like en-suite bathroom with dual vanities, a soaking tub, a separate shower, and a private commode. The fully finished lower level offers versatility with a large recreation room, a spacious bedroom, a full bath, and a gigantic laundry room with ample storage. Recent updates include a new roof (2019), siding (2018), refrigerator (2019), dishwasher (2019), gas stove (2019), water heater (2018), and basement waterproofing (2019), ensuring peace of mind for years to come.

Situated in a highly sought-after location, this home is just minutes from major job hubs such as the NASA Goddard Space Flight Center, Washington Business Park, and the University of Maryland Global Campus. The property is conveniently located near the New Carrollton Metro Station, offering MARC, Amtrak, and Metro access, and within easy reach of I-495/I-95 and Route 50, providing seamless commutes to Washington, D.C., and Baltimore. Nearby amenities include Woodmore Town Center, featuring Wegmans, Costco, and a variety of dining options, and recreational spots like Schrom Hills Park and the Theresa Banks Memorial Aquatics Center. With proximity to schools, hospitals, and cultural attractions, this home offers an ideal setting for families and professionals alike. Don't miss the opportunity to own this gem in a prime location! Schedule your tour today.
Unit Size
2,448 Ft²
Days on Market
16 days
Land Size
0.17 acres
Price per sqft
$249
Property Type
House
Property Taxes
$596
HOA Dues
$635
Year Built
1997

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Last updated: 2 years ago (Bright MLS #MDPG2133022)

Price History

Date / Event Date Event Price
Dec 20, 2024 Sold
Sold
Dec 5, 2024 In contract -
In contract
Dec 5, 2024 Price Increased $610,000
↑ $20K (3.4%)
Price Increased
Nov 29, 2024 Listed by ExecuHome Realty $590,000
Listed by ExecuHome Realty
Mar 11, 2020 No longer available -
No longer available
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Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • 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: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 462
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,362
  • Total Building Area: 2,448
  • Gross Building Area: 2,448
  • Building Area: 2,448
  • Building Area Measurement: T

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,448
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GREENTREE 2
  • Land Acres: 0000000169
  • Standard Land Use Code: 1001
  • County Land Use Code: R-B001
  • Legal Description 1: GREENTREE PLAT 2

Neighborhood

  • School District Name: Prince George's County Public Schools
  • Census Tract: 800412

Zoning

  • Zoning: RSF65

Geography

  • Assessors Map Reference: 35 D2 0
  • Account Number: 1653567
  • District: 14
  • Parcel: 14-1653567
  • Block: C
  • Lot: 3
  • Latitude: 38.988
  • Longitude: -76.8497

    Address

  • Full Address: 7202 Bay Wood Dr
  • Address - House Number: 7202
  • Address - Street Name: Bay Wood
  • Address - Suffix Type: Dr
  • State: MD
  • City Name: Lanham
  • Carrier Code: C024
  • 4-Digit Zip Code: 3382
  • Zip Code: 20706

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $494,840

    Appraisal Valuation

  • Standard Deviation: 0.1646
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 79
  • Final Value: 570,171
  • High Value: 664,064
  • Low Value: 476,277

    Market Valuation

  • Market Total Value: $518,000
  • Market Land Value: $100,600
  • Market Improvement Value: $417,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $445,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Recording Date: Mar 06, 1998
  • Current Sale Price:
  • Current 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 Goddard


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Nearby Rentals

Unit for rent at 9317 Woodberry Street, LANHAM, MD, 20706

$4,000 /mo

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  • 3 Baths
  • 1,501 ft²
9317 Woodberry Street, LANHAM, MD, 20706 Listing by Donovan Sponberg
Unit for rent at 6300 Hardwood Drive, LANHAM, MD, 20706

$4,000 /mo

  • 6 Beds
  • 3 Baths
  • 1,316 ft²
6300 Hardwood Drive, LANHAM, MD, 20706 Listing by Maria D Escobar


Frequently Asked Questions

When was property at 7202 Baywood Drive built and last sold?
The property at 7202 Baywood Drive was built in 1997 and last sold on Jan 1, 1970 for $203,000.
How much is this home worth?
The estimated value of the home located at 7202 Baywood Drive is $616,100.
What are some comparable homes to 7202 Baywood Drive?
There are currently no comparable homes to 7202 Baywood Drive.