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1027 Overlook Way, Laurel, MD, 20707

4beds
4baths
1,760sqft
$590,000
$335price/sqft
$4,525/moest. monthly cost
$181,000/yrincome needed

About This Home

This lovely and spacious 4-bedroom, 3.5-bathroom end-unit townhome is located in a quiet and friendly neighborhood. The open floor plan makes it easy to entertain or relax, with a bright living room and a kitchen that features modern appliances and plenty of storage. Upstairs, you'll find a loft (with balcony), perfect for a home office, play area, or cozy reading spot. The primary bedroom is spacious, with a walk-in closet and a private bathroom that has a soaking tub and shower. Enjoy the private backyard, a two-car garage, and easy access to major roads. This home offers comfort, space, and convenience. Don’t miss out; schedule a tour today! This is a short sale…subject to bank approval. Buyer to pay a short sale negotiation fee of $6,000.00 or 2% of the purchase price, whichever is greater, upon closing.

Getting Around

7
WalkingCar-Dependent
29
TransitSome Transit
4
BikeSomewhat Bikeable

Schools

6/10
2/10
Laurel High SchoolGrades 9-121.1 mi

Construction

Condition

  • Year built: 2021

Materials

  • Foundation: Other
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: Townhouse
  • Architectural style: Other
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Gas Water Heater

Basement

  • Area: 880

Basement

  • Has basement: Yes
  • Basement: Other

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1
  • Main level bathrooms: 1

Features

  • Finished area below ground: 0
  • Finished area above ground: 1,760

Heating & Cooling

  • Heating features: Central,Natural Gas
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 2,640
  • Total interior livable area: 1,760 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 17105662928
  • Zoning: LAUR
  • Special condition: Short Sale

Features

  • Levels: Three
  • Stories: 3
  • Pool features: None

Lot

  • Lot size: 2,640 sqft

Parking

  • Parking features: Other

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Heat Wave
Winter Weather

FEMA Declared Disasters Across Maryland Counties

Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,983$35,796
Home Insurance *$200$2,400
Property Taxes $1,061$12,732
Electricity $281$3,374
Total$4,525$54,300
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$155,142/yr
40% on housing$135,750/yr
45% on housing$120,666/yr

Maryland FAIR Plan Programs

Maryland Joint Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 678Commercial: 44
Total Premiums$854,000
Total Exposure$326.56M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.9%
8.9%
0%30.0%
Electricity Growth Rate10-year average: 8.1%
8.1%
0%15.0%
Property Taxes Growth Rate2-year average: -0.7%
-0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$335This listing

vs Other Active Listings

Avg $/sqft

ZIP 20707$173
Prince George's County$185

vs Homes Sold Last Month

Median $/sqft

ZIP 20707$265
Prince George's County$231

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-24Listed for sale$590,000
2026-04-13Listing removed$490,000
2026-03-31Price change$490,000
2025-11-20Listed for sale$500,000
2024-09-03Listing removed$675,000
2024-07-23Listed for sale$675,000
2022-07-07Sold$610,744

For Sale by Agent

AgentPatrice Marierose
BrokerageKeller Williams Flagship

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