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7578 Cherry Ln; Laurel, MD Property Details

7578 Cherry Ln, Laurel, MD is a Condominium that was built in 1980. This property is currently Cash Purchase,Bank Sale and is not for sale. Our records show that 7578 Cherry Ln has 3 bedrooms, and 2.5 bathrooms, and a total of 1,396 square feet. The lot size of 7578 Cherry Ln is 3,551 square feet.

For Rent
7578 Cherry Ln #3A Laurel, MD 20707
$2,650 Listing Price
3 Beds
2.5 Baths
1,396 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Trust
  • Owner Status: Trust
  • Year Built: 1980
  • Purchase Price: $162,800
  • Open Loans / Balance: 1 / $84,438
  • Est. Equity / %: $279,562 / 76.8%
  • Gross Yield: 8.796%
  • APN: 10-1119338
  • Situs County: Prince George's
  • Length Of Ownership: 7 years, 7 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2.5

Structure

  • Stories: 2
  • Sewer Type: Municipal

Measurements

  • Total: 1,396/SqFt
  • Lot: 3,551/SqFt
  • Gross: 1,396/SqFt
  • Living: 1,396/SqFt
  • Building: 1,396/SqFt
  • Ground: 1,396/SqFt
  • Price Per Square Foot: $116.62

Legal Description

  • Description: CHERRYWOOD CONDO
Building Insights

Land Information

  • Property Type: Condominium
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Prince George's County Public Schools
  • Lat / Lon: 39.096214 / -76.87694
  • Subdivision: Cherrywood Condominium
  • Property Class: Residential
  • Zoning: LAUR
  • County Use Code: U-B007

Amenities

  • Plus Four: 5551
  • Cooling: Yes
  • Heating: Yes

HOA

  • H O A One: $192
  • H O A Two: $147
  • H O A Amount: $339
  • H O A One Frequency: Monthly
  • H O A Two Frequency: Monthly
  • H O A One Name: Cherrywood Condominium Association Inc
  • H O A One Type: Condo  Owner Association
  • H O A Two Name: Cherrywood Condo Ph I-X Prcl A
  • H O A Two Type: Condo  Owner Association

Ownership Info

7578 Cherry Ln #3A has no associated ownership info
7578 Cherry Ln #3A has no associated ownership info.

Taxes

7578 Cherry Ln #3A has 10 associated Taxes items

7578 Cherry Ln, 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 $266,700. The APN we've located for 7578 Cherry Ln is 10-1119338.

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Taxes
  • Assessed Value:  $266,700
  • Assessed Year:  2025
  • Assessed County:  Prince George's
  • APN:  10-1119338
  • Assessed Land Value:  80000
  • Market Land Value:  80000
  • Tax Amount:  4493
  • Tax Year:  2024
  • Market Value:  266700
  • Market Year:  2025

Tax History

7578 Cherry Ln #3A has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $266,700 Land Value $80,000 Improvement Value $186,700 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $4,493 Change Rate +0.26396% Assessed CR Tax Rate
Year 2023 Assessed Value $215,567 Land Value Improvement Value Tax Amount $3,554.7 Change Rate +0.134563% Assessed CR Tax Rate +0.01649%
Year 2022 Assessed Value $190,000 Land Value $57,000 Improvement Value $133,000 Tax Amount $3,133.1 Change Rate Assessed CR Tax Rate +0.01649%
Year 2021 Assessed Value $182,667 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2020 Assessed Value $175,333 Land Value Improvement Value Tax Amount $3,213.01 Change Rate +0.040988% Assessed CR Tax Rate +0.018325%
Year 2019 Assessed Value $168,000 Land Value $50,400 Improvement Value $117,600 Tax Amount $3,086.5 Change Rate +0.039247% Assessed CR Tax Rate +0.018372%
Year 2018 Assessed Value $161,333 Land Value Improvement Value Tax Amount $2,969.94 Change Rate +0.292205% Assessed CR Tax Rate +0.018409%
Year 2017 Assessed Value $154,667 Land Value Improvement Value Tax Amount $2,298.35 Change Rate Assessed CR Tax Rate +0.01486%
Year 2016 Assessed Value $148,000 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $148,000 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $148,000 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $2,904.38 Change Rate Assessed CR Tax Rate