See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

8016 Pennington Dr, Laurel, MD, 20724

2beds
4baths
1,890sqft
$452,000
$239price/sqft
$3,155/moest. monthly cost
$126,200/yrincome needed

About This Home

Welcome to this beautifully maintained home in the sought-after Russett community of Laurel! Featuring a bright and inviting open layout with ample natural light, the upper level offers two spacious primary bedrooms with full bath, while the lower level includes an additional room that can easily be converted to a bedroom with its own full bathroom—perfect for guests, a home office, or extended living. Enjoy outdoor living on the private deck, ideal for relaxing or entertaining, along with the convenience of a one-car garage. As an added bonus, the home includes two TV wall mounts, an entertainment center, and floating shelves already installed—offering extra value and a move-in-ready experience for the next owner. The living room also features a beautiful gas fireplace, adding warmth, comfort, and elegance to the space. Located in a well-established, amenity-rich neighborhood, Russett is known for its scenic walking trails, pools, tennis courts, and green spaces, creating a true community feel. Enjoy shopping, dining, and everyday essentials all within walking distance. Commuters will love the prime location nestled between Washington, D.C. and Baltimore, with quick access to I-95.

Getting Around

8
WalkingCar-Dependent
18
TransitMinimal Transit
22
BikeSomewhat Bikeable

Schools

5/10
3/10
Meade Middle SchoolGrades 6-83.1 mi
3/10
Meade High SchoolGrades 9-123.2 mi

Construction

Condition

  • Year built: 2003

Materials

  • Foundation: Block
  • Construction materials: Vinyl Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Gas Water Heater

Basement

  • Area: 0

Basement

  • Has basement: Yes
  • Basement: Combination

Bedrooms & Bathrooms

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

Features

  • Number of fireplaces: 1
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 1,890

Heating & Cooling

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

Interior Area

  • Total structure area: 1,890
  • Total interior livable area: 1,890 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 020467590215458
  • Zoning: R5
  • Special condition: Standard

Features

  • Levels: Three
  • Stories: 3
  • Pool features: Community

Lot

  • Lot size: 1,200 sqft

Parking

  • Parking features: Driveway
  • Has uncovered spaces: Yes

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

  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Lightning
Winter Weather
Tsunami

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 $2,285$27,420
Home Insurance *$126$1,512
Property Taxes $463$5,556
Electricity $281$3,374
Total$3,155$37,860
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$108,171/yr
40% on housing$94,650/yr
45% on housing$84,133/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: 9.3%
9.3%
0%30.0%
Electricity Growth Rate10-year average: 8.1%
8.1%
0%15.0%
Property Taxes Growth Rate2-year average: 0.1%
0.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$239This listing

vs Other Active Listings

Avg $/sqft

ZIP 20724$217
Anne Arundel County$251

vs Homes Sold Last Month

Median $/sqft

ZIP 20724$227
Anne Arundel County$262

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
2026-04-16Listed for sale$462,000
2023-08-21Sold$435,000
2023-08-01Contingent$400,000
2023-07-26Listed for sale$400,000
2016-08-15Sold$292,000
2015-01-01Sold$367,000
2006-10-06Sold$367,000
2003-06-12Sold$246,510

For Sale by Agent

AgentMehiret Duki
BrokerageKeller Williams Capital Properties

Similar Homes