Seller's Agent in 2024
Theresa Reilly
Cummings & Co Realtors
(443) 740-0831
81 Total Sales
1366 Merlot Dr Bel Air, MD 21015
Estimated Value: $1,224,953 - $1,304,000
6
Beds
5.5
Baths
6,972
Sq Ft
$181/Sq Ft
Est. Value
Highlights
- Second Kitchen
- Gourmet Kitchen
- Colonial Architecture
- Emmorton Elementary School Rated A-
- Dual Staircase
- Deck
About This Home
As of April 2024MAGNIFICENT HOME IN BEL AIR'S CONVENIENTLY & CENTRALLY LOCATED MAGNESS FARMS! This is one you truly do not want to miss! Less than 5 years old, this house shows like a model! Having just about 7,000 square feet of finished space, located at the end of a cul-de-sac & adjacent to wooded open space, this home is simply spectacular! With a true & complete builder installed main level in-law suite, you will find a separate entrance/front porch, kitchenette, living/dining room combo, primary suite, spacious walk in closet & primary bath, all which can be closed off from the main house for privacy. This estate has too many features/upgrades to mention, but here are just a few highlights: gorgeous, gleaming hardwood floors, gourmet chef's dream kitchen with an island that goes on for days, a bright & spacious sunroom off the kitchen, stone front fireplace in two story family room, custom moldings, formal dining area, main level office/sitting room, completely finished lower level with a true bedroom w/egress + a bonus room & recreation room area. There is also a custom bar with wine cooler & bar sink, perfect for game day, game night or those big get-togethers! The owner's suite is spacious & serene where you will find the second gas fireplace, custom built ins, private en-suite & amazing walk in closet. The bedrooms are of great sizes & there are two additional full baths upstairs. The back yard is level & fully fenced, complete with a stone paver patio & practically new shed for extra storage. There is a whole yard irrigation system you can control, solar panels (loan must be assumed) to reduce your electric bills & a digital alarm system for both the main house & in law suite. With the amazing in-law quarters, a tasteful & neutral paint pallette, nice sized rooms, upgraded finishes, a prime lot in the development & a super convenient location near shopping, schools & commuting...you will need to see this home to believe it! ** Seller will need at least a 1 week rent back**
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,942
Year Built
- Built in 2019
Lot Details
- 0.35 Acre Lot
- Cul-De-Sac
- Property is Fully Fenced
- Vinyl Fence
- Sprinkler System
- Property is in excellent condition
- Property is zoned R1
HOA Fees
- $63 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- 4 Driveway Spaces
- Front Facing Garage
- Garage Door Opener
Home Design
- Colonial Architecture
- Stone Siding
- Vinyl Siding
- Passive Radon Mitigation
- Concrete Perimeter Foundation
Interior Spaces
- Property has 3 Levels
- Traditional Floor Plan
- Wet Bar
- Dual Staircase
- Built-In Features
- Chair Railings
- Crown Molding
- Ceiling Fan
- Recessed Lighting
- 2 Fireplaces
- Gas Fireplace
- Window Treatments
- Six Panel Doors
- Family Room Off Kitchen
- Formal Dining Room
- Den
- Recreation Room
- Sun or Florida Room
- Utility Room
- Home Gym
Kitchen
- Gourmet Kitchen
- Second Kitchen
- Breakfast Area or Nook
- Double Oven
- Cooktop
- Built-In Microwave
- Extra Refrigerator or Freezer
- Ice Maker
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Upgraded Countertops
- Wine Rack
- Disposal
Flooring
- Wood
- Carpet
- Ceramic Tile
- Luxury Vinyl Plank Tile
Bedrooms and Bathrooms
- En-Suite Primary Bedroom
- En-Suite Bathroom
- Walk-In Closet
- In-Law or Guest Suite
- Soaking Tub
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
Finished Basement
- Heated Basement
- Walk-Up Access
Home Security
- Home Security System
- Storm Doors
Accessible Home Design
- Grab Bars
Outdoor Features
- Deck
- Patio
- Shed
- Porch
Utilities
- Forced Air Heating and Cooling System
- Vented Exhaust Fan
- Natural Gas Water Heater
Community Details
- Association fees include trash
- Magness Farms HOA
- Built by K. Hovnanian
- Magness Farms Subdivision
- Property Manager
Listing and Financial Details
- Tax Lot 251
- Assessor Parcel Number 1303399082
- $750 Front Foot Fee per year
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 26, 2024
Closed on
Apr 4, 2024
Sold by
Vargo Brian Douglas and Vargo Stacey Lynn
Bought by
Richway Sean and Richway Alicia
Seller's Agent
Theresa Reilly
Cummings & Co. Realtors
Buyer's Agent
Joe Norman
Keller Williams Gateway LLC
List Price
$1,299,000
Sold Price
$1,215,000
Premium/Discount to List
-$84,000
-6.47%
Views
91
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,988
Avg. Annual Appreciation
2.72%
Original Mortgage
$972,000
Outstanding Balance
$958,526
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$304,000
Purchase Details
Listed on
Sep 13, 2019
Closed on
Aug 29, 2019
Sold by
K Hovnanian Homes Of Maryland Ii Llc
Bought by
Vargo Brian Douglas and Vargo Stacey Lynn
Seller's Agent
datacorrect BrightMLS
Non Subscribing Office
Buyer's Agent
Theresa Reilly
Cummings & Co. Realtors
List Price
$893,455
Sold Price
$893,455
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.91%
Original Mortgage
$804,100
Interest Rate
3.12%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 7, 2019
Sold by
Drp Md 1 Llc
Bought by
K Hovnanian Homes Of Maryland Ii Llc
Purchase Details
Closed on
Aug 3, 2015
Sold by
Magness Robert J
Bought by
Ring South Llc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Richway Sean | $1,215,000 | Universal Title | |
| Vargo Brian Douglas | $893,455 | Eastern Natl Ttl Agcy Md Llc | |
| K Hovnanian Homes Of Maryland Ii Llc | $1,479,682 | Founders Title Agency Of Md | |
| Ring South Llc | $100,000 | Residential Title & Escrow C |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Richway Sean | $972,000 | |
| Previous Owner | Vargo Brian Douglas | $804,100 | |
| Previous Owner | Vargo Brian Douglas | $44,675 | |
| Previous Owner | Vargo Brian Douglas | $517,500 | |
| Previous Owner | Vargo Brian Douglas | $331,250 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/04/2024 04/04/24 | Sold | $1,215,000 | -6.5% | $174 / Sq Ft |
| 02/28/2024 02/28/24 | Pending | -- | -- | -- |
| 02/26/2024 02/26/24 | For Sale | $1,299,000 | +45.4% | $186 / Sq Ft |
| 09/13/2019 09/13/19 | For Sale | $893,455 | 0.0% | -- |
| 08/29/2019 08/29/19 | Sold | $893,455 | -- | -- |
| 01/01/2019 01/01/19 | Pending | -- | -- | -- |
Source: Bright MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,833 | $892,200 | $195,000 | $697,200 |
| 2024 | $6,833 | $856,300 | $0 | $0 |
| 2023 | $8,942 | $820,400 | $0 | $0 |
| 2022 | $8,550 | $784,500 | $195,000 | $589,500 |
| 2021 | $420 | $753,600 | $0 | $0 |
| 2020 | $8,340 | $722,700 | $0 | $0 |
| 2019 | $713 | $61,800 | $61,800 | $0 |
| 2018 | $714 | $61,800 | $61,800 | $0 |
| 2017 | $707 | $61,800 | $0 | $0 |
| 2016 | -- | $61,800 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Theresa Reilly
-
Joe Norman
Buyer's Agent in 2024
Joe Norman
Keller Williams Gateway LLC
(443) 499-9741
148 Total Sales
-
datacorrect BrightMLS
d
Seller's Agent in 2019
datacorrect BrightMLS
Non Subscribing Office
Map
Source: Bright MLS
MLS Number: MDHR2028596
APN: 03-399082
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