847 Laurel Lane, La Plata, MD 20646

847 Laurel lane La Plata MD 20646
Managed

Welcome to 847 Laurel Lane,
La Plata, MD 20646

847 Laurel Lane was an interior two-level townhome in The Meadows – La Plata subdivision.  It was located in the Town of La Plata in Charles County.  The home had 3 bedrooms and 1-1/2 bathrooms.  The main level had a living room, dining room, half bath, laundry area, and updated kitchen with all new appliances.  There was access to the fully-fenced back yard from the lower level family room.  There were 2 bedrooms on the upper level, along with 1 full bathroom; the lower level had 1 bedroom.  The home also had a front porch.  Finally, there were two assigned parking spaces in the asphalt parking lot.  There was no HOA at this property. 

847 Laurel Lane, La Plata, MD 20646 Google Map

Rental and Compensation Information for
847 Laurel Lane, La Plata, MD 20646

The home was listed for rent for $1,400 and was ultimately rented on January 1, 2018.  The owners offered a rental commission of 25% of the first months’ rent through an Exclusive Right to Represent the Buyer/Tenant Agreement.  No utilities were included in the monthly rent, so tenants were responsible for electric service, water/sewer service, trash removal, telephone, cable TV and Internet service.  The tenants were also responsible for minor interior and exterior maintenance, lawn care and gutter cleaning.

INCOME REQUIREMENTS FOR RENTING THIS HOME
Monthly Pre-Tax Income of $4,900
Yearly Pre-Tax Income of $58,800

The security deposit was $1,400 and was due upon acceptance of a rental application.  Pets were considered on a case-by-case basis, with an additional minimum $300 pet deposit.  They were limited to smaller animals.  The owner did not allow smoking inside the home.

Historical Background Information for
847 Laurel Lane, La Plata, MD 20646

We began managing the home at 847 Laurel Lane in September 2017 for the homeowners.  was rented in August 19, 2021 for $2,700 per month.  The home was listed for rent for $1,400 and ultimately rented on November 1, 2027.  The owners ultimately decided to sell the home and the tenant was notified to vacate the home on August 15, 2022.

We Are No Longer Managing the Home at
847 Laurel Lane, La Plata, MD 20646

There are many reasons why a homeowner will remove their rental home from active management.  The two most popular reasons are that:

  • The owner wants to sell the home based on a change in the Return on Investment (ROI).  This happens after many years of owning the home.  Selling is one of several options for the owner.
  • The owner changes the home to a principal residence.  Sometimes an owner will begin living in a former rental home so that they can later sell it.  This is done to get tax advantages in the sale.

If you are thinking about buying a home in Charles County, we can help!  The first step is for you to take a few minutes to look at the current Homes for Sale in La Plata, MD 20646.  You can contact us so we can arrange a time to meet with you.  We can discuss your specific property needs and help you to get started.  

Another part of the process is for you to look at the Homes for Rent in La Plata, MD 20646 because these are your competition.  We can also work with you to Determine the Return on Investment (ROI) for your Rental Property.  Finally, we can help you find qualified tenants for your rental property.  We can discuss the Rental Listing Agreement with you and get your listing active quickly.

If you are thinking about selling a home that you already own, we can help!  The first step is to determine the Fair Market Value of Your Home.  When you answer a few questions about your home, we can perform the analysis and send you the results within a couple of days.

Contact Us About Homes to Buy, Rent or Sell

Price:$No Longer Under Our Management
Address:847 Laurel Lane
City:La Plata
County:Charles
State:MD
Zip Code:20646
Year Built:1981
Floors:2
Square Feet:1264
Acres:0.04
Lot Square Feet:1800
Bedrooms:3
Bathrooms:1
Half Bathrooms:1
Pool:None
Property Type:Townhome
Condo:$1,400 Security Deposit Required
Financial:Income Requirements: $4,900/ monthly - $58,800/ annually
Condition:Move-In Ready
Heat/Cool:Electric
Community:The Meadows - La Plata
Parking:Unassigned Parking Spaces
Laundry:In Unit
Utilities:Tenants are responsible for electric service, water and sewer service, trash removal service, lawn maintenance, telephone, cable TV and Internet service.
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