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308 Grace Way; Laurel, MD Property Details

308 Grace Way, Laurel, MD is a Townhouse that was built in 2018. This property is currently Financed and is not for sale. Our records show that 308 Grace Way has 3.5 bathrooms, and a total of 1,416 square feet. The lot size of 308 Grace Way is 2,970 square feet.

Off market
308 Grace Way Laurel, MD 20707
$408,600 Estimated Value
3.5 Baths
1,416 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 2018
  • Purchase Price: $343,743
  • Open Loans / Balance: 1 / $284,906
  • Est. Equity / %: $197,094 / 40.89%
  • Gross Yield: 11.064%
  • APN: 10-5585933
  • Situs County: Prince George's
  • Length Of Ownership: 7 years, 5 months

Rooms

  • Bathrooms: 3.5
  • Full Bathrooms: 3
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 2
  • Building Condition: Good
  • Building Quality: C
  • Roof Cover Type: Composition Shingle
  • Sewer Type: Municipal
  • Deck: true

Measurements

  • Total: 1,416/SqFt
  • Lot: 2,970/SqFt
  • Gross: 1,644/SqFt
  • Garage: 228/SqFt
  • Living: 1,416/SqFt
  • Basement: 1/SqFt
  • Building: 1,644/SqFt
  • Ground: 804/SqFt
  • Garage Unfinished: 228/SqFt
  • Price Per Square Foot: $242.76

Legal Description

  • Description: UNIT 5
Building Insights

Land Information

  • Property Type: Townhouse
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Prince George's County Public Schools
  • Lat / Lon: 39.106472 / -76.86181
  • Property Class: Residential
  • Zoning: LAUR
  • County Use Code: TH-B002

Amenities

  • Plus Four: 3593
  • Cooling: Central
  • Garage: Attached Garage
  • Heating: Yes
  • Parking: 1

HOA

  • H O A One: $170
  • H O A Amount: $170
  • H O A One Name: Sandy Spring Village Homeowners Association Inc
  • H O A One Type: Home Owner Association

Ownership Info

308 Grace Way has no associated ownership info
308 Grace Way has no associated ownership info.

Taxes

308 Grace Way has 10 associated Taxes items

308 Grace Way, Laurel, MD pays taxes in Prince George's County, MD. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $408,600. The APN we've located for 308 Grace Way is 10-5585933.

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Taxes
  • Assessed Value:  $408,600
  • Assessed Year:  2025
  • Assessed County:  Prince George's
  • APN:  10-5585933
  • Assessed Land Value:  90000
  • Market Land Value:  90000
  • Tax Amount:  6816
  • Tax Year:  2024
  • Market Value:  408600
  • Market Year:  2025

Tax History

308 Grace Way has 9 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $408,600 Land Value $90,000 Improvement Value $318,600 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $382,300 Land Value Improvement Value Tax Amount $6,816 Change Rate +0.161071% Assessed CR Tax Rate +0.017829%
Year 2023 Assessed Value $356,000 Land Value Improvement Value Tax Amount $5,870.44 Change Rate +0.07977% Assessed CR Tax Rate +0.01649%
Year 2022 Assessed Value $329,700 Land Value $75,000 Improvement Value $254,700 Tax Amount $5,436.75 Change Rate Assessed CR Tax Rate +0.01649%
Year 2021 Assessed Value $329,700 Land Value $75,000 Improvement Value $254,700 Tax Amount Change Rate Assessed CR Tax Rate
Year 2020 Assessed Value $329,700 Land Value $75,000 Improvement Value $254,700 Tax Amount $11,870.8 Change Rate -0.051% Assessed CR Tax Rate +0.036005%
Year 2019 Assessed Value $346,900 Land Value $75,000 Improvement Value $271,900 Tax Amount $12,508.74 Change Rate +29.571756% Assessed CR Tax Rate +0.036059%
Year 2018 Assessed Value $21,600 Land Value $21,600 Improvement Value Tax Amount $409.16 Change Rate +0.274721% Assessed CR Tax Rate +0.018943%
Year 2017 Assessed Value $21,600 Land Value Improvement Value Tax Amount $320.98 Change Rate Assessed CR Tax Rate +0.01486%