Under contract

$350,000

247 Federalsburg S, Laurel, MD 20724

3beds

1,308sqft

$2,461/mo

Get pre-qualified

Single Family Residence

Built in 1963

6,840 Square Feet Lot

$349,900 Zestimate^®

$268/sqft

$-- HOA

What's special

Amazing opportunity on a Rancher in Maryland City for under 400K. 247 Federalsburg South has only ever had one owner. Some updates have been made but this home is ready for additional updates and renovation. Sunroom addition on the back adds additional living area. Perfect for an investor or an owner occupant with a renovation loan. Ask your lender about renovation loans today as this home wont last long.

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 1
1/2 bathrooms: 1
Main level bathrooms: 1
Main level bedrooms: 3

Basement

Area: 1008

Heating

Forced Air, Natural Gas

Cooling

Central Air, Electric

Appliances

Included: Dryer, Cooktop, Washer, Gas Water Heater

Features

Bar, Dining Area
Flooring: Ceramic Tile, Hardwood
Basement: Connecting Stairway,Improved,Partially Finished
Has fireplace: No

Interior area

Total structure area: 2,016
Total interior livable area: 1,308 sqft
Finished area above ground: 1,008
Finished area below ground: 300

Property

Parking

Total spaces: 2
Parking features: Driveway
Uncovered spaces: 2

Accessibility

Accessibility features: None

Features

Levels: Two
Stories: 2
Pool features: None

Lot

Size: 6,840 Square Feet

Details

Additional structures: Above Grade, Below Grade
Parcel number: 020447203825000
Zoning: R5
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch/Rambler
Property subtype: Single Family Residence

Materials

Brick Veneer, Fiber Cement, Mixed, Vinyl Siding
Foundation: Concrete Perimeter
Roof: Shingle,Asphalt

Condition

Good
New construction: No
Year built: 1963

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Available, Natural Gas Available, Sewer Available, Water Available

Community & HOA

Community

Subdivision: Maryland City

HOA

Has HOA: No

Location

Region: Laurel

Financial & listing details

Price per square foot: $268/sqft
Tax assessed value: $332,833
Annual tax amount: $4,064
Date on market: 9/11/2026
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,FHA 203(k),Bank Portfolio
Inclusions: As Is
Exclusions: As Is
Ownership: Fee Simple

Estimated market value

$349,900

$332,000 - $367,000

$2,238/mo

Price history

Date	Event	Price
9/14/2026	Contingent	$350,000$268/sqft
Source: Bright MLS #MDAA2156644 Report a problem
9/11/2026	Listed for sale	$350,000$268/sqft
Source: Bright MLS #MDAA2156644 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,925 +22.1%	$312,300 +6.3%
2024	$3,216 +7.1%	$293,667 +6.8%
2023	$3,003 +12.1%	$275,033 +7.3%
2022	$2,679 +2.4%	$256,400 +2.4%
2021	$2,618 +2.3%	$250,500 +2.4%
2020	$2,559 +2.4%	$244,600 +2.5%
2019	$2,499 +7%	$238,700 +3.6%
2018	$2,336 +3.2%	$230,367 +3.8%
2017	$2,263	$222,033 +3.9%
2016	--	$213,700 +4.1%
2015	--	$205,300 +4.3%
2014	--	$196,900 +4.5%
2013	--	$188,500
2012	--	$188,500
2011	--	$188,500 -36.1%
2010	--	$294,880 +10.9%
2009	--	$265,866 +12.2%
2008	--	$236,853 +14%
2007	--	$207,840 +15.6%
2006	--	$179,792 +18.5%
2005	--	$151,746 +22.7%
2004	--	$123,700 +4.3%
2003	--	$118,580 +4.5%
2002	--	$113,460 +4.7%
2001	--	$108,340