NOT LISTED FOR SALE

1512 Ridge Forest Way Hanover, MD 21076

Estimated Value: $660,268 - $721,000

4 Beds
2.5 Baths
3,099 Sq Ft
$222/Sq Ft Est. Value

Last Sold May 27, 2014

Last sale price $455,000 $147 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $4,370/month

173 Days on Market

Highlights

  • Open Floorplan
  • Breakfast Area or Nook
  • Chair Railings
  • Colonial Architecture
  • 2 Car Attached Garage
  • Laundry Room

About This Home

As of May 2014

MAIN LEVEL HARDWOOD FLOORS w/FULL PRICE OFFER & NO CLOSING! Outstanding lot, room to play, garden, relax on large deck, includes private covered area! Inside has open floor plan w/spacious formal rooms, family rm w/firepl, breakfast room & kitchen + half bath. 4 bedrooms & 2 baths up! Master has terrific walk-in closet! Lower level rec room w/insulated wall panel system for comfort. Rough in bath!

Last Agent to Sell the Property

Sandra Bowser

Coldwell Banker Realty Listed on: 10/18/2013

Coldwell Banker Realty

Co-Listed By

Rebekah Hoffman

Coldwell Banker Realty

Last Buyer's Agent

Kenneth Baker

RE/MAX Solutions License #508806

RE/MAX Solutions

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,284

Year Built

  • Built in 1994

Lot Details

  • 10,014 Sq Ft Lot
  • Property is in very good condition

HOA Fees

  • $15 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Composition Roof
  • Brick Front

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Chair Railings
  • Ceiling Fan
  • Screen For Fireplace
  • Fireplace Mantel
  • Window Treatments
  • Dining Area
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom
  • 2.5 Bathrooms

Partially Finished Basement

  • Connecting Stairway
  • Sump Pump
  • Rough-In Basement Bathroom
  • Basement Windows

Outdoor Features

  • Shed

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Water Heater

Community Details

  • Built by NVR
  • Ridge Forest Subdivision

Listing and Financial Details

  • Tax Lot 58
  • Assessor Parcel Number 020465790082996

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,284

Year Built

Built in 1994

Lot Details

0

HOA Fees

$15 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Parking Included In ListPrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1994
  • Remarks Public: MAIN LEVEL HARDWOOD FLOORS w/FULL PRICE OFFER & NO CLOSING! Outstanding lot, room to play, garden, relax on large deck, includes private covered area! Inside has open floor plan w/spacious formal rooms, family rm w/firepl, breakfast room & kitchen + half bath. 4 bedrooms & 2 baths up! Master has terrific walk-in closet! Lower level rec room w/insulated wall panel system for comfort. Rough in bath!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Exhaust Fan, Refrigerator, Oven/Range - Electric
  • Interior Amenities: Breakfast Area, Dining Area, Primary Bath(s), Window Treatments, Chair Railings, Floor Plan - Open
  • Fireplace Features: Screen, Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Hall
  • Levels Count: 3+
  • Room List: Laundry
  • Basement: Yes
  • Basement Type: Connecting Stairway, Partially Finished, Rough Bath Plumb, Windows, Sump Pump
  • Living Area Units: Square Feet
  • Total Sq Ft: 3099
  • Living Area Sq Ft: 3099
  • Price Per Sq Ft: 184.03
  • Above Grade Finished Sq Ft: 2499
  • Below Grade Finished Sq Ft: 600
  • Total Below Grade Sq Ft: 600
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1512

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Brick Front, Combination, Brick
  • Construction Completed: No
  • Roof: Composite
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage
  • Garage Features: Garage Door Opener, Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Attached Garage

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air, Zoned
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 185.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes

Lot Info

  • Improvement Assessed Value: 292500.00
  • Land Assessed Value: 86000.00
  • Lot Size Acres: 0.23
  • Lot Size Area: 10014
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10014.00
  • Property Condition: Very Good
  • Year Assessed: 2013

Building Info

  • Builder Name: NVR

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15282960
  • Tax Annual Amount: 4283.61
  • Assessor Parcel Number: 020465790082996
  • Tax Lot: 58
  • Tax Total Finished Sq Ft: 2464
  • County Tax Payment Frequency: Annually
  • Tax Year: 2012
  • Close Date: 05/27/2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2013
Closed on
May 27, 2014
Sold by
Wassel Richard W and Wassel Melynda J
Bought by
Syed Iqbal Farhat and Iqbal Amber
Seller's Agent
Sandra Bowser
Coldwell Banker Realty
Buyer's Agent
Kenneth Baker
RE/MAX Solutions
List Price
$480,000
Sold Price
$455,000
Premium/Discount to List
-$25,000
-5.21%
Total Days on Market
173
Current Estimated Value
$688,317

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,317
Avg. Annual Appreciation
3.82%
Original Mortgage
$446,758
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 17, 1994
Sold by
Nvr Homes Inc
Bought by
Wassel Richard W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,100
Interest Rate
8.43%
Source: Public Records

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Range of Values:

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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
Syed Iqbal Farhat $455,000 Title Resources Guaranty Co
Wassel Richard W $210,225 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Syed Iqbal F $412,000
Closed Syed Iqbal Farhat $441,643
Closed Syed Iqbal Farhat $446,758
Previous Owner Wassel Melynda J $130,000
Previous Owner Wassel Richard W $199,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2014 05/27/14 Sold $455,000 -1.1% $147 / Sq Ft
04/09/2014 04/09/14 Pending -- -- --
01/16/2014 01/16/14 Price Changed $459,900 -1.1% $148 / Sq Ft
11/02/2013 11/02/13 Price Changed $464,900 -3.1% $150 / Sq Ft
10/18/2013 10/18/13 For Sale $480,000 -- $155 / 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
2024 $6,071 $508,567 $0 $0
2023 $5,752 $483,333 $0 $0
2022 $5,217 $458,100 $140,500 $317,600
2021 $10,224 $448,033 $0 $0
2020 $4,968 $437,967 $0 $0
2019 $4,867 $427,900 $110,500 $317,400
2018 $4,182 $412,433 $0 $0
2017 $4,428 $396,967 $0 $0
2016 -- $381,500 $0 $0
2015 -- $380,500 $0 $0
2014 -- $379,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003746528

Bright MLS

APN: 04-657-90082996