NOT LISTED FOR SALE

1701 Rich Way Unit E Forest Hill, MD 21050

Estimated Value: $274,151 - $297,000

2 Beds
2 Baths
1,340 Sq Ft
$335/mo HOA Fee

Last Sold August 15, 2022

Last sale price $242,500 $181 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,083/month

17 Days on Market

Highlights

  • Open Floorplan
  • Clubhouse
  • Main Floor Bedroom
  • Bel Air Middle School Rated A-
  • Traditional Architecture
  • Community Pool

About This Home

As of August 2022

Spacious, well maintained 2nd floor condo with elevator, secured entrance and assigned parking. This bright and airy 2 bedroom/2 bath condo is located just minutes from downtown Bel Air and shopping. The 2 bedrooms are each a generous size. The large primary suite has a large walk-in closet and an attached bathroom with a huge vanity, plenty of cabinets for storage, and a shower seat in the shower. The kitchen has stainless steel appliances and plenty of counter space plus a breakfast bar. The dining area is sizable and has a sliding glass door to the roomy balcony. Enjoy lounging in the bright, spacious family room with double window. Large utility room with washer, dryer and utility sink. Close to the Ma and Pa trail and Rocks State Park. Very convenient community pool right around the corner!
Community is not FHA or VA approved.

Last Agent to Sell the Property

Janice Headen

EXP Realty, LLC License #525949 Listed on: 07/01/2022

EXP Realty, LLC

Last Buyer's Agent

Tahlea Mcneil

Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,945

Year Built

  • Built in 2000

Lot Details

  • 1

HOA Fees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,340 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling Fan
  • Double Pane Windows
  • Window Treatments
  • Window Screens
  • Sliding Doors
  • Six Panel Doors
  • Entrance Foyer
  • Family Room Off Kitchen
  • Dining Room

Kitchen

  • Electric Oven or Range
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • On-Street Parking
  • 1 Assigned Parking Space

Accessible Home Design

  • Accessible Elevator Installed
  • Level Entry For Accessibility

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Balcony
  • Sprinkler System

Listing and Financial Details

  • Tax Lot 1701E
  • Assessor Parcel Number 1303349985

Community Details

Overview

  • Association fees include common area maintenance, management, snow removal, trash, water, pool(s), road maintenance
  • Low-Rise Condominium
  • Spenceola Farms Subdivision
  • Property Manager

Amenities

  • Clubhouse

Recreation

  • Community Pool
  • Jogging Path

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,945

Year Built

Built in 2000

Lot Details

0

HOA Fees

$335 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional
  • Accessibility Features: Elevator, Level Entry - Main
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2022-07-01
  • Year Built: 2000
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Icemaker, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Entry Floor: 2
  • Interior Amenities: Ceiling Fan(s), Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Pantry, Primary Bath(s), Walk-In Closet(s), Window Treatments, Sprinkler System
  • Window Features: Double Pane, Screens
  • Fireplace: No
  • Door Features: Sliding Glass, Six Panel
  • Levels Count: 1
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Foyer, Bathroom 2, Primary Bathroom
  • Basement: No
  • Laundry Type: Main Floor, Washer In Unit, Dryer In Unit
  • Total Sq Ft: 1340
  • Living Area Sq Ft: 1340
  • Price Per Sq Ft: 175.37
  • Above Grade Finished Sq Ft: 1340
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1701

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned
  • Type Of Parking: On Street

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 425.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 300.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Elevator, Jog/Walk Path, Pool - Outdoor, Club House
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management, Snow Removal, Trash, Water, Pool(s), Road Maintenance
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: HARFORD COUNTY PUBLIC SCHOOLS
  • School District Key: 121139964110
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: U
  • Outdoor Living Structures: Balcony
  • Year Assessed: 2022
  • Zoning: R2COS
  • In City Limits: No

Rental Info

  • Pets: Size/Weight Restriction, Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 1945.00
  • Assessor Parcel Number: 1303349985
  • Tax Lot: 1701E
  • Tax Total Finished Sq Ft: 1340
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 08/15/2022

MLS Schools

  • School District Name: HARFORD COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2022
Closed on
Aug 15, 2022
Sold by
Jennifer Montilla
Bought by
Colbert Eric J
Seller's Agent
Janice Headen
EXP Realty, LLC
Buyer's Agent
Tahlea Mcneil
Long & Foster Real Estate, Inc.
List Price
$235,000
Sold Price
$242,500
Premium/Discount to List
$7,500
3.19%
Current Estimated Value
$288,288

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,788
Avg. Annual Appreciation
5.29%
Original Mortgage
$194,000
Outstanding Balance
$186,712
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$97,101

Purchase Details

Listed on
May 7, 2014
Closed on
Oct 14, 2014
Sold by
Halchak Paul Thomas and Estate Of Betty L Thomas
Bought by
Montilla Jennifer
Seller's Agent
Linda Steele
Long & Foster Real Estate, Inc.
Buyer's Agent
Rita Quintero
Cummings & Co. Realtors
List Price
$183,900
Sold Price
$165,000
Premium/Discount to List
-$18,900
-10.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.03%
Original Mortgage
$140,000
Interest Rate
4.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 2004
Sold by
Patton Charlotte A
Bought by
Thomas Betty L

Purchase Details

Closed on
Sep 17, 2001
Sold by
Patton Charlotte A
Bought by
Patton Charlotte A

Purchase Details

Closed on
Jul 27, 2001
Sold by
Rh Of Maryland Llc
Bought by
Patton Charlotte A

Purchase Details

Closed on
Jun 14, 2000
Sold by
Spenceola Farms Llc
Bought by
Rh Of Maryland Llc
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Colbert Eric J $242,500 Bradford Charles E
Montilla Jennifer $165,000 None Available
Thomas Betty L $145,000 --
Patton Charlotte A -- --
Patton Charlotte A $120,365 --
Rh Of Maryland Llc $276,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Colbert Eric J $194,000
Previous Owner Montilla Jennifer $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2022 08/15/22 Sold $242,500 +3.2% $181 / Sq Ft
07/19/2022 07/19/22 Pending -- -- --
07/16/2022 07/16/22 Price Changed $235,000 0.0% $175 / Sq Ft
07/16/2022 07/16/22 For Sale $235,000 -6.3% $175 / Sq Ft
07/06/2022 07/06/22 Pending -- -- --
07/06/2022 07/06/22 Price Changed $250,850 +6.7% $187 / Sq Ft
07/01/2022 07/01/22 For Sale $235,000 +42.4% $175 / Sq Ft
10/14/2014 10/14/14 Sold $165,000 -6.8% $123 / Sq Ft
09/12/2014 09/12/14 Pending -- -- --
07/31/2014 07/31/14 Price Changed $177,000 -1.1% $132 / Sq Ft
07/08/2014 07/08/14 Price Changed $179,000 -2.7% $134 / Sq Ft
05/07/2014 05/07/14 For Sale $183,900 -- $137 / 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 $2,162 $210,000 $55,000 $155,000
2024 $2,162 $198,333 $0 $0
2023 $2,034 $186,667 $0 $0
2022 $954 $175,000 $53,000 $122,000
2021 $3,853 $170,667 $0 $0
2020 $1,919 $166,333 $0 $0
2019 $1,869 $162,000 $40,000 $122,000
2018 $1,869 $162,000 $40,000 $122,000
2017 $1,853 $162,000 $0 $0
2016 -- $162,000 $0 $0
2015 $1,773 $159,667 $0 $0
2014 $1,773 $157,333 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDHR2014058

Bright MLS

APN: 03-349985