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314 Grace Way; Laurel, MD Property Details

314 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 314 Grace Way has 3.5 bathrooms, and a total of 1,461 square feet. The lot size of 314 Grace Way is 2,835 square feet.

Off market
314 Grace Way Laurel, MD 20707
$414,000 Estimated Value
3.5 Baths
1,461 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2018
  • Purchase Price: $329,424
  • Open Loans / Balance: 1 / $207,838
  • Est. Equity / %: $270,162 / 56.52%
  • Gross Yield: 11.305%
  • APN: 10-5585966
  • 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

Measurements

  • Total: 1,461/SqFt
  • Lot: 2,835/SqFt
  • Gross: 1,708/SqFt
  • Garage: 247/SqFt
  • Living: 1,461/SqFt
  • Basement: 1/SqFt
  • Building: 1,708/SqFt
  • Ground: 815/SqFt
  • Price Per Square Foot: $225.48

Legal Description

  • Description: UNIT 8
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: 39.106426 / -76.86145
  • 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

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

Taxes

314 Grace Way has 10 associated Taxes items

314 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 $414,000. The APN we've located for 314 Grace Way is 10-5585966.

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Taxes
  • Assessed Value:  $414,000
  • Assessed Year:  2025
  • Assessed County:  Prince George's
  • APN:  10-5585966
  • Assessed Land Value:  90000
  • Market Land Value:  90000
  • Tax Amount:  7128
  • Tax Year:  2024
  • Market Value:  414000
  • Market Year:  2025

Tax History

314 Grace Way has 9 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $414,000 Land Value $90,000 Improvement Value $324,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $387,333 Land Value Improvement Value Tax Amount $7,128 Change Rate +0.198507% Assessed CR Tax Rate +0.018403%
Year 2023 Assessed Value $360,667 Land Value Improvement Value Tax Amount $5,947.4 Change Rate +0.079842% Assessed CR Tax Rate +0.01649%
Year 2022 Assessed Value $334,000 Land Value $75,000 Improvement Value $259,000 Tax Amount $5,507.66 Change Rate Assessed CR Tax Rate +0.01649%
Year 2021 Assessed Value $334,000 Land Value $75,000 Improvement Value $259,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2020 Assessed Value $334,000 Land Value $75,000 Improvement Value $259,000 Tax Amount $6,012.54 Change Rate -0.051205% Assessed CR Tax Rate +0.018002%
Year 2019 Assessed Value $351,500 Land Value $75,000 Improvement Value $276,500 Tax Amount $6,337.03 Change Rate +14.487902% Assessed CR Tax Rate +0.018029%
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%