NOT LISTED FOR SALE

1506 Penzance Way Hanover, MD 21076

Estimated Value: $488,000 - $519,000

3 Beds
3.5 Baths
2,560 Sq Ft
$197/Sq Ft Est. Value

Last Sold September 22, 2023

Last sale price $470,000 $184 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,357/month

4 Days on Market

Highlights

  • Private Pool
  • Deck
  • Cathedral Ceiling
  • Colonial Architecture
  • Private Lot
  • Backs to Trees or Woods

About This Home

As of September 2023

Introducing this impressive brick-front townhouse. This spacious and move-in-ready home is in excellent condition, boasting a total of 3 bedrooms and 2.5 bathrooms, offering a plethora of features for comfortable living.
Step into this expansive residence, featuring a superlative kitchen with a center island, 42-inch cabinets, and abundant storage space. Hardwood floors adorn the entire main level, complemented by New carpet and paint throughout. Natural gas serves for heating and cooking. The large family room opens up to a rear walkout, making it one of the finest homes on the market today.
This open floor plan includes a sunroom and a composite deck off the kitchen. The master suite is grand, with a sitting area, oversized walk-in closet, soaking tub, shower, and dual vanity. Two more bedrooms and another full bath reside on the upper level. The fully finished basement offers a separate bonus room that can function as a 4th bedroom, complete with plumbing rough-ins for an additional full bath. The lower level also includes a large family room with walkout access to a private backyard. Enjoy community amenities such as a pool and trails, and appreciate the convenience of being close to 295 and 100, with quick access to Ft Meade, NSA, and Arundel Mills Mall.

Last Agent to Sell the Property

Heeran Lee

NewStar 1st Realty, LLC Listed on: 09/08/2023

Last Buyer's Agent

Un McAdory

Realty 1 Maryland, LLC License #610467

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,339

Year Built

  • Built in 2004

Lot Details

  • 1,727 Sq Ft Lot
  • Planted Vegetation
  • Backs to Trees or Woods

HOA Fees

  • $111 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Bump-Outs
  • Block Foundation
  • Brick Front

Interior Spaces

  • Property has 3 Levels
  • Chair Railings
  • Crown Molding
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Vinyl Clad Windows
  • Window Treatments
  • Window Screens
  • French Doors
  • Six Panel Doors
  • Entrance Foyer
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Game Room
  • Wood Flooring
  • Home Security System

Kitchen

  • Breakfast Room
  • Eat-In Kitchen
  • Built-In Self-Cleaning Double Oven
  • Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • In-Law or Guest Suite

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Natural lighting in basement

Outdoor Features

  • Private Pool
  • Deck
  • Patio

Schools

  • Hebron - Harman Elementary School
  • Macarthur Middle School
  • Meade High School

Utilities

  • Forced Air Heating and Cooling System
  • Programmable Thermostat
  • Natural Gas Water Heater
  • Public Septic

Listing and Financial Details

  • Tax Lot 31
  • Assessor Parcel Number 020488490218391

Community Details

Overview

  • Villages Of Dorchester Subdivision

Recreation

  • Community Pool
  • Bike Trail

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,339

Year Built

Built in 2004

Lot Details

0

HOA Fees

$111 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1
  • Expected On Market: 2023-09-08
  • Year Built: 2004
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Freezer, Microwave, Oven - Double, Oven - Self Cleaning, Oven - Wall, Refrigerator, Surface Unit, Washer
  • Interior Amenities: Breakfast Area, Family Room Off Kitchen, Kitchen - Island, Combination Dining/Living, Dining Area, Kitchen - Eat-In, Primary Bath(s), Chair Railings, Upgraded Countertops, Crown Moldings, Window Treatments, Wood Floors, Recessed Lighting
  • Window Features: Vinyl Clad, Double Pane, Screens
  • Fireplace: No
  • Door Features: French, Six Panel
  • Wall Ceiling Types: 9'+ Ceilings, Cathedral Ceilings
  • Foundation Details: Block
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Game Room, Family Room, Foyer, Breakfast Room, In-Law/AuPair/Suite
  • Basement: Yes
  • Basement Type: Daylight, Full, Fully Finished, Walkout Level
  • Total Sq Ft: 2880
  • Living Area Sq Ft: 2560
  • Price Per Sq Ft: 183.55
  • Above Grade Finished Sq Ft: 2560
  • Below Grade Sq Ft: 320
  • Total Below Grade Sq Ft: 320
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1506

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Combination, Brick, Brick Front
  • Exterior Features: Bump-Outs, Sidewalks
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community, Yes - Personal, Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C, Programmable Thermostat
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air, Programmable Thermostat
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Main Entrance Lock, Sprinkler System - Indoor, Smoke Detector, Security System
  • Sewer/Septic System: Public Septic
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 110.80
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Bike Trail, Pool - Outdoor
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
  • Elementary School: HEBRON - HARMAN
  • Middle School: MACARTHUR
  • High School: MEADE
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121140671932
  • School District Source: 3rd Party
  • Elementary School: HEBRON - HARMAN
  • High School: MEADE
  • Middle Or Junior School: MACARTHUR

Lot Info

  • Land Use Code: R
  • Lot Features: Backs To Trees, Private, Vegetation Planting
  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1727.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Zoning: R5
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4339.00
  • Assessor Parcel Number: 020488490218391
  • Tax Lot: 31
  • Tax Total Finished Sq Ft: 2560
  • Tax Year: 2023
  • Close Date: 09/22/2023

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2023
Closed on
Sep 25, 2023
Sold by
Seo Aenok
Bought by
Park Hyun
Seller's Agent
Heeran Lee
NewStar 1st Realty, LLC
Buyer's Agent
Un McAdory
Realty 1 Maryland, LLC
List Price
$469,900
Sold Price
$470,000
Premium/Discount to List
$100
0.02%
Views
85
Current Estimated Value
$504,429

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,429
Avg. Annual Appreciation
3.92%

Purchase Details

Listed on
May 7, 2015
Closed on
Jun 30, 2015
Sold by
Banga Alok and Banga Monika
Bought by
Seo Aenok
Seller's Agent
Creig Northrop
Northrop Realty
Buyer's Agent
Scott Stulich
Signature Realty Group, LLC
List Price
$370,000
Sold Price
$355,000
Premium/Discount to List
-$15,000
-4.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.47%
Original Mortgage
$337,250
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 2004
Sold by
Cc&Dorchester Llc
Bought by
Banga Alok and Banga Monika

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,000
Interest Rate
5.67%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Park Hyun $470,000 Quantum Title
Seo Aenok $355,000 Lawyers Trust Title Co
Banga Alok $361,290 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Seo Aenok $337,250
Previous Owner Banga Alok $266,250
Previous Owner Banga Alok $296,000
Previous Owner Banga Alok $82,000
Previous Owner Banga Alok $312,000
Previous Owner Banga Alok $29,250
Previous Owner Banga Alok $33,000
Previous Owner Banga Alok $301,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2023 09/22/23 Sold $470,000 0.0% $184 / Sq Ft
09/13/2023 09/13/23 Pending -- -- --
09/08/2023 09/08/23 For Sale $469,900 0.0% $184 / Sq Ft
09/07/2023 09/07/23 Price Changed $469,900 +32.4% $184 / Sq Ft
07/06/2015 07/06/15 Sold $355,000 +1.4% $123 / Sq Ft
05/20/2015 05/20/15 Pending -- -- --
05/13/2015 05/13/15 Price Changed $350,000 +0.1% $122 / Sq Ft
05/13/2015 05/13/15 Price Changed $349,500 -5.5% $121 / Sq Ft
05/07/2015 05/07/15 For Sale $370,000 -- $128 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

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 $6,219 $432,300 $140,000 $292,300
2024 $6,219 $415,733 $0 $0
2023 $6,055 $399,167 $0 $0
2022 $3,998 $382,600 $140,000 $242,600
2021 $11,050 $372,533 $0 $0
2020 $5,316 $362,467 $0 $0
2019 $10,234 $352,400 $130,000 $222,400
2018 $3,573 $352,400 $130,000 $222,400
2017 $7,724 $352,400 $0 $0
2016 -- $371,600 $0 $0
2015 -- $359,600 $0 $0
2014 -- $347,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA2068680

Bright MLS

APN: 04-884-90218391