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8251 Mary Lee Ln, Laurel, MD, 20723

2beds
2baths
1,280sqft
$385,000
$301price/sqft
$2,638/moest. monthly cost
$105,520/yrincome needed

About This Home

Presenting a fantastic investment opportunity! This charming three-level end-unit townhouse features two spacious bedrooms, one and a half baths, and a finished basement. The living area opens up to a deck that overlooks a fenced backyard, which includes a shed for additional storage. A reliable tenant is already in place, which allows immediate cash flow to the new owners. Upon entering the home, you will find a large mirrored coat closet. The main level features a kitchen with ceramic tile flooring, granite countertops, and a pass-through window that connects to the living and dining areas, which boast hardwood floors. A sliding glass door from the living area leads to a generous deck and a fully fenced backyard. ** ROOF REPLACED 2020** On the upper level, the hallway showcases hardwood floors and leads to two spacious bedrooms and a dual-entry bath. The primary bedroom features hardwood floors, a built-in vanity, and an en suite bathroom that also connects to the hallway. The second bedroom features hardwood floors and a large wall closet. The updated bathroom includes a tiled shower and a jacuzzi tub combination, along with a ceramic tile floor. The fully finished lower level features a recreation room along with an updated half bath. Additionally, there is a storage area equipped with a shelving unit and a NEW (2025) stacked washer and dryer. This well-maintained home is situated in Howard County with easy access to Route 216, Route 29, and I-95. As a bonus, Hammond Park is located at the back of the neighborhood, within walking distance. Enjoy all that the park has to offer, including tennis courts, pickleball courts, basketball courts, a diamond field, pavilions, and restrooms.

Getting Around

13
WalkingCar-Dependent
0
TransitNo Nearby Transit
23
BikeSomewhat Bikeable

Schools

6/10
9/10
Hammond Middle SchoolGrades 6-80.2 mi
8/10
Atholton High SchoolGrades 9-122.9 mi

Construction

Condition

  • Property condition: Very Good
  • Year built: 1983

Materials

  • Foundation: Concrete Perimeter
  • Roof: Asphalt
  • Construction materials: Vinyl Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Microwave,Dishwasher,Disposal,Dryer,Oven/Range - Electric,Refrigerator,Ice Maker,Washer/Dryer Stacked,Water Heater,Electric Water Heater
  • Laundry features: In Basement

Basement

  • Has basement: Yes
  • Basement: Full,Finished,Heated,Improved,Interior Entry

Bathroom1

  • Features: Bathroom - Jetted Tub,Bathroom - Tub Shower,Flooring - Ceramic Tile
  • Level: Upper

Bedroom2

  • Features: Flooring - HardWood
  • Level: Upper

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1

Dining Room

  • Features: Flooring - HardWood
  • Level: Main

Features

  • Attic,Ceiling Fan(s),Combination Dining/Living,Dining Area,Family Room Off Kitchen,Floor Plan - Traditional,Upgraded Countertops,Dry Wall
  • Door features: Sliding Glass,Storm Door(s),Six Panel
  • Flooring: Hardwood,Laminate,Ceramic Tile,Wood
  • Finished area below ground: 350
  • Finished area above ground: 930

Half Bath

  • Level: Lower

Heating & Cooling

  • Heating features: Heat Pump,Electric
  • Cooling features: Central Air,Ceiling Fan(s),Heat Pump,Electric

Interior Area

  • Total structure area: 1,380
  • Total interior livable area: 1,280 sqft

Kitchen

  • Features: Flooring - Ceramic Tile,Eat-in Kitchen,Kitchen - Electric Cooking
  • Level: Main

Living Room

  • Features: Flooring - HardWood
  • Level: Main

Primary Bedroom

  • Features: Attached Bathroom,Flooring - HardWood,Ceiling Fan(s)
  • Level: Upper

Recreation Room

  • Level: Lower

Storage Room

  • Level: Lower

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 1406462928
  • Zoning: RSC
  • Special condition: Standard

Features

  • Levels: Three
  • Stories: 3
  • Pool features: Community
  • Patio & porch: Deck
  • Exterior features: Lighting
  • Fencing: Wood
  • Has view: Yes
  • View description: Garden

Lot

  • Lot size: 1,611 sqft
  • Features: Backs - Open Common Area,Landscaped,Front Yard,Rear Yard,Corner Lot/Unit

Parking

  • Parking features: Enclosed,Assigned,Parking Lot

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

  • Winter Weather
    Winter WeatherRelatively High
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Winter Weather
Heat Wave
Lightning
Strong Wind

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 $1,946$23,352
Home Insurance *$80$960
Property Taxes $331$3,972
Electricity $281$3,374
Total$2,638$31,656
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$90,445/yr
40% on housing$79,140/yr
45% on housing$70,346/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: 10.3%
10.3%
0%30.0%
Electricity Growth Rate10-year average: 8.1%
8.1%
0%15.0%
Property Taxes Growth Rate2-year average: -0.5%
-0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$301This listing

vs Other Active Listings

Avg $/sqft

ZIP 20723$209
Howard County$241

vs Homes Sold Last Month

Median $/sqft

ZIP 20723$267
Howard County$271

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
2026-01-13Listed for sale$385,000
2023-01-20Listing removed$350,000
2023-01-08Listed for sale$350,000
2020-03-21Listing removed$1,850
2020-03-17Listed for rent$1,850
2020-03-12Sold$267,400
2019-12-05Price change$270,000
2019-11-08Listed for sale$280,000
2001-02-12Sold$114,000

For Sale by Agent

AgentJanet Hand
BrokerageLong & Foster Real Estate, Inc.

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