NOT LISTED FOR SALE

1702 Rich Way Unit 2A Forest Hill, MD 21050

Estimated Value: $280,000 - $348,000

2 Beds
2 Baths
1,320 Sq Ft
$263/mo HOA Fee

Last Sold June 20, 2022

Last sale price $265,000 $201 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,018/month

1 Day on Market

Highlights

  • Open Floorplan
  • Clubhouse
  • Combination Kitchen and Living
  • Bel Air Middle School Rated A-
  • Traditional Architecture
  • Community Pool

About This Home

As of June 2022

Beautifully designed, with fresh paint and new flooring, this 2nd floor condo with elevator and private parking is one you don't want to miss! This spacious 2 bed 2 bath unit is located in the desirable Spenceola Farms just minutes from downtown Bel Air. This home features two generously sized bedrooms, plus a large owners suite with a walk in closet, screened-in balcony, kitchen with tons of counter space, breakfast bar and dining area. This home is a must see! But also, don't forget the incredibly convenient community pool!

Last Agent to Sell the Property

Mark Richa

(410) 808-9236 markricha@cummingsrealtors.com Cummings & Co. Realtors License #629477 Listed on: 05/05/2022

Cummings & Co. Realtors

Last Buyer's Agent

Jessica Moog

(443) 504-2270 jessicamoog@thewhomegroup.com Next Step Realty

Next Step Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,816

Year Built

  • Built in 1998

Lot Details

  • Sprinkler System
  • Property is in excellent condition

HOA Fees

Home Design

  • Traditional Architecture
  • Entry on the 2nd floor
  • Brick Exterior Construction
  • Architectural Shingle Roof
  • Metal Roof

Interior Spaces

  • 1,320 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling Fan
  • Double Pane Windows
  • Awning
  • Insulated Windows
  • Window Treatments
  • Sliding Windows
  • Window Screens
  • Sliding Doors
  • Insulated Doors
  • Combination Kitchen and Living
  • Formal Dining Room
  • Intercom

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Range Hood
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Parking

  • Lighted Parking
  • Parking Lot
  • 2 Assigned Parking Spaces

Accessible Home Design

  • Accessible Elevator Installed
  • Halls are 36 inches wide or more
  • Doors are 32 inches wide or more

Utilities

  • 90% Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Electric Water Heater

Additional Features

  • Energy-Efficient Windows
  • Outdoor Storage

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 1303329275

Community Details

Overview

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

Amenities

  • Common Area
  • Clubhouse
  • 1 Elevator

Recreation

  • Community Pool

Pet Policy

  • Pets allowed on a case-by-case basis

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,816

Year Built

Built in 1998

Lot Details

0

HOA Fees

$263 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional
  • Accessibility Features: 32"+ Wide Doors, 36"+ Wide Halls, Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2022-05-05
  • Federal Flood Zone: No
  • Year Built: 1998
  • Automatically Close On Close Date: No
  • Remarks Public: Beautifully designed, with fresh paint and new flooring, this 2nd floor condo with elevator and private parking is one you don't want to miss! This spacious 2 bed 2 bath unit is located in the desirable Spenceola Farms just minutes from downtown Bel Air. This home features two generously sized bedrooms, plus a large owners suite with a walk in closet, screened-in balcony, kitchen with tons of counter space, breakfast bar and dining area. This home is a must see! But also, don't forget the incredibly convenient community pool!
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Icemaker, Intercom, Oven - Self Cleaning, Oven/Range - Electric, Range Hood, Refrigerator, Water Heater, Washer
  • Entry Floor: 2
  • Flooring Type: Carpet, Laminated
  • Interior Amenities: Breakfast Area, Carpet, Ceiling Fan(s), Combination Kitchen/Living, Dining Area, Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Table Space, Primary Bath(s), Pantry, Sprinkler System, Bathroom - Stall Shower, Bathroom - Tub Shower, Walk-In Closet(s), Window Treatments
  • Window Features: Double Pane, Energy Efficient, Insulated, Screens, Sliding
  • Fireplace: No
  • Door Features: Insulated, Sliding Glass
  • Elevators Count: 1
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 1
  • Room Count: 8
  • Basement: No
  • Total Sq Ft: 1320
  • Living Area Sq Ft: 1320
  • Price Per Sq Ft: 181.82
  • Above Grade Finished Sq Ft: 1320
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1702

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
  • Exterior Features: Awning(s), Secure Storage, Sidewalks, Street Lights
  • Roof: Architectural Shingle, Metal
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned, Lighted Parking
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Intercom, Sprinkler System - Indoor, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 400.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 230.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Club House, Common Grounds, Elevator, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Maintenance, Management, Pool(s), Road Maintenance, Snow Removal, Trash, Water
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: In Ground

Schools

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

Lot Info

  • Land Use Code: U
  • Property Condition: Excellent
  • Year Assessed: 2022
  • Zoning: R2COS
  • In City Limits: No

Rental Info

  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1816.00
  • Assessor Parcel Number: 1303329275
  • Tax Lot: 5
  • Tax Total Finished Sq Ft: 1320
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 06/20/2022

MLS Schools

  • School District Name: HARFORD COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2022
Closed on
Jun 21, 2022
Sold by
Daniel White
Bought by
Merwin Claudia Patricia
Seller's Agent
Mark Richa
Cummings & Co. Realtors
Buyer's Agent
Jessica Moog
Next Step Realty
List Price
$240,000
Sold Price
$265,000
Premium/Discount to List
$25,000
10.42%
Current Estimated Value
$299,457

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,457
Avg. Annual Appreciation
3.75%
Original Mortgage
$198,750
Outstanding Balance
$188,829
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$110,628

Purchase Details

Listed on
Jan 22, 2020
Closed on
Feb 7, 2020
Sold by
Ball Rhonda Kay
Bought by
White Daniel and White Jennifer
Seller's Agent
Andrew Johns
Keller Williams Gateway LLC
Buyer's Agent
Jennifer Ghabrial
Long & Foster Real Estate, Inc.
List Price
$179,890
Sold Price
$180,000
Premium/Discount to List
$110
0.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.81%

Purchase Details

Closed on
Sep 12, 2005
Sold by
Arment Charlene G
Bought by
Arment Charlene G

Purchase Details

Closed on
Jun 26, 1998
Sold by
Keystone Homes At Spenceola Farms
Bought by
Arment Charlene G
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
Merwin Claudia Patricia $265,000 Westcor Land Title
White Daniel $180,000 Sage Title Group Llc
Arment Charlene G -- --
Arment Charlene G $114,950 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Merwin Claudia Patricia $198,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/20/2022 06/20/22 Sold $265,000 +10.4% $201 / Sq Ft
05/07/2022 05/07/22 Pending -- -- --
05/05/2022 05/05/22 For Sale $240,000 +33.3% $182 / Sq Ft
02/10/2020 02/10/20 Sold $180,000 +0.1% $136 / Sq Ft View Prior Sale
01/26/2020 01/26/20 Pending -- -- --
01/22/2020 01/22/20 For Sale $179,890 -- $136 / 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 $2,003 $240,000 $55,000 $185,000
2024 $2,003 $215,000 $0 $0
2023 $1,897 $190,000 $0 $0
2022 $899 $165,000 $50,000 $115,000
2021 $899 $159,333 $0 $0
2020 $1,773 $153,667 $0 $0
2019 $0 $148,000 $40,000 $108,000
2018 $1,669 $144,667 $0 $0
2017 $1,578 $148,000 $0 $0
2016 -- $138,000 $0 $0
2015 $1,887 $138,000 $0 $0
2014 $1,887 $138,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDHR2011894

Bright MLS

APN: 03-329275