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318 2nd St; Laurel, MD Property Details

318 2nd St, Laurel, MD is a Commercial Vacant Land that was built in 1953. This property is currently Financed and is not for sale. Our records show that 318 2nd St has 4 bedrooms, and 2 bathrooms, and a total of 1,994 square feet. The lot size of 318 2nd St is 6,750 square feet.

Off market
318 2nd St Laurel, MD 20707
$485,000 Listing Price
4 Beds
2 Baths
1,994 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1953
  • Purchase Price: $6,790,000
  • Open Loans / Balance: 1 / $329,740
  • Est. Equity / %: $369,260 / 52.83%
  • APN: 10-1132661
  • Situs County: Prince George's
  • Length Of Ownership: 4 years, 5 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full Bathrooms: 2

Structure

  • Building Style: Frame
  • Stories: 1.5
  • Building Condition: Average
  • Building Quality: D
  • Roof Cover Type: Composition Shingle
  • Sewer Type: Municipal

Measurements

  • Total: 1,994/SqFt
  • Lot: 6,750/SqFt
  • Gross: 1,994/SqFt
  • Living: 1,994/SqFt
  • Building: 1,994/SqFt
  • Ground: 1,664/SqFt
  • Price Per Square Foot: $3405.22

Legal Description

  • Description: JONES SUB LOT 17 EX 250 SQFT NCONF USE-HOUSE
Building Insights

Land Information

  • Property Type: Commercial Vacant Land
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Prince George's County Public Schools
  • Lat / Lon: 39.100536 / -76.845276
  • Subdivision: Jones Sub
  • Property Class: Vacant
  • Zoning: LAUR
  • County Use Code: C-B001

Amenities

  • Plus Four: 4604
  • Cooling: Yes
  • Fireplaces: 1
  • Heating: Baseboard

Ownership Info

318 2nd St has no associated ownership info
318 2nd St has no associated ownership info.

Taxes

318 2nd St has 10 associated Taxes items

318 2nd St, 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 $642,000. The APN we've located for 318 2nd St is 10-1132661.

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Taxes
  • Assessed Value:  $642,000
  • Assessed Year:  2025
  • Assessed County:  Prince George's
  • APN:  10-1132661
  • Assessed Land Value:  270000
  • Market Land Value:  270000
  • Tax Amount:  12160
  • Tax Year:  2024
  • Market Value:  642000
  • Market Year:  2025

Tax History

318 2nd St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $642,000 Land Value $270,000 Improvement Value $372,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $629,000 Land Value Improvement Value Tax Amount $12,160 Change Rate +0.197105% Assessed CR Tax Rate +0.019332%
Year 2023 Assessed Value $616,000 Land Value Improvement Value Tax Amount $10,157.84 Change Rate +0.021559% Assessed CR Tax Rate +0.01649%
Year 2022 Assessed Value $603,000 Land Value $270,000 Improvement Value $333,000 Tax Amount $9,943.47 Change Rate Assessed CR Tax Rate +0.01649%
Year 2021 Assessed Value $541,867 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2020 Assessed Value $480,733 Land Value Improvement Value Tax Amount $9,186.86 Change Rate +0.136372% Assessed CR Tax Rate +0.01911%
Year 2019 Assessed Value $419,600 Land Value $270,000 Improvement Value $149,600 Tax Amount $8,084.38 Change Rate +0.000696% Assessed CR Tax Rate +0.019267%
Year 2018 Assessed Value $418,833 Land Value Improvement Value Tax Amount $8,078.76 Change Rate +0.300408% Assessed CR Tax Rate +0.019289%
Year 2017 Assessed Value $418,067 Land Value Improvement Value Tax Amount $6,212.48 Change Rate Assessed CR Tax Rate +0.01486%
Year 2016 Assessed Value $417,300 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $405,033 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $392,767 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $6,880.89 Change Rate Assessed CR Tax Rate