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9045 N Laurel Rd Unit K, Laurel, MD, 20723

2beds
2baths
1,008sqft
$255,000
$253price/sqft
$1,839/moest. monthly cost
$73,560/yrincome needed

About This Home

Getting Around

53
WalkingSomewhat Walkable
28
TransitSome Transit
34
BikeSomewhat Bikeable

Schools

5/10
7/10
7/10
Reservoir High SchoolGrades 9-124.2 mi

Construction

Condition

  • Year built: 1984

Materials

  • Foundation: Slab
  • Construction materials: Brick

Type & Style

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

Interior

Appliances

  • Appliances included: Electric Water Heater

Basement

  • Area: 0

Bedrooms & Bathrooms

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

Features

  • Finished area below ground: 0
  • Finished area above ground: 1,008

Heating & Cooling

  • Heating features: Heat Pump,Electric
  • Cooling features: Other,Electric

Interior Area

  • Total structure area: 1,008
  • Total interior livable area: 1,008 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 1406476694
  • Zoning: RA15
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None

Parking

  • Parking features: Parking Lot,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

  • 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 $1,289$15,468
Home Insurance *$53$636
Property Taxes $216$2,592
Electricity $281$3,374
Total$1,839$22,068
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$63,051/yr
40% on housing$55,170/yr
45% on housing$49,040/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

$253This listing

vs Other Active Listings

Avg $/sqft

ZIP 20723$210
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
2026-04-29Listed for sale$265,000
2026-04-06Sold$171,000
2015-01-01Sold$235,900
2007-08-22Sold$235,900

For Sale by Agent

AgentAnthony Paolini
BrokerageColdwell Banker Realty

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