NOT LISTED FOR SALE

1702 Rich Way Unit B Forest Hill, MD 21050

Estimated Value: $264,000 - $304,000

2 Beds
2 Baths
1,330 Sq Ft
$263/mo HOA Fee

Last Sold December 20, 2019

Last sale price $175,000 $132 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $1,901/month

Highlights

  • View of Trees or Woods
  • Backs to Trees or Woods
  • Community Pool
  • Bel Air Middle School Rated A-
  • Wood Flooring
  • Community Center

About This Home

As of December 2019

GORGEOUS 2ND FLOOR CONDO IN DESIRABLE SPENCEOLA FARMS! ELEVATOR BUILDING w/ SECURITY MAIN ENTRANCE & LOTS OF PRIVATE PARKING. SPACIOUS 2 BEDROOMS, 2 BATHROOMS w/ OPEN FLOOR PLAN, MASTER BEDROOM SUITE w/ WALK-IN CLOSET, LUXURY OWNER BATHROOM, BRIGHT & SUNNY KITCHEN WITH EATIN KITCHEN! LARGE FAMILY ROOM WITH EASY ACCESS TO SCREENED IN DECK. FORMAL DINING ROOM, LARGE UTILITY ROOM w/ WASHER/DRYER, CLOSE TO DOWN-TOWN BEL AIR.

Last Agent to Sell the Property

Adam Bailey

(410) 814-2425 Adam@BaileySalesGroup.com Berkshire Hathaway HomeServices Homesale Realty Listed on: 11/18/2019

Berkshire Hathaway HomeServices Homesale Realty

Last Buyer's Agent

Russell Maas

(410) 961-3964 maasrussell@gmail.com Home Selling Assistance

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,765

Year Built

  • Built in 1998

Lot Details

  • Two or More Common Walls
  • Cul-De-Sac
  • North Facing Home
  • Backs to Trees or Woods
  • Property is in very good condition

HOA Fees

Home Design

  • Entry on the 1st floor
  • Architectural Shingle Roof

Interior Spaces

  • 1,330 Sq Ft Home
  • Property has 1 Level
  • Views of Woods

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Handicap Parking
  • Lighted Parking
  • Paved Parking
  • Parking Lot
  • Parking Space Conveys

Utilities

  • Forced Air Heating and Cooling System
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 1303329283

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, lawn care front, management, reserve funds, snow removal, trash, pool(s), parking fee
  • Low-Rise Condominium
  • Spenceola Farms Condos
  • Spenceola Farms Subdivision

Amenities

  • Common Area
  • Community Center
  • 1 Elevator

Recreation

  • Community Pool
  • Pool Membership Available

Pet Policy

  • Pet Size Limit
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,765

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
  • Ownership: Condominium
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2019-11-18
  • Federal Flood Zone: No
  • Year Built: 1998
  • Remarks Public: GORGEOUS 2ND FLOOR CONDO IN DESIRABLE SPENCEOLA FARMS! ELEVATOR BUILDING w/ SECURITY MAIN ENTRANCE & LOTS OF PRIVATE PARKING. SPACIOUS 2 BEDROOMS, 2 BATHROOMS w/ OPEN FLOOR PLAN, MASTER BEDROOM SUITE w/ WALK-IN CLOSET, LUXURY OWNER BATHROOM, BRIGHT & SUNNY KITCHEN WITH EATIN KITCHEN! LARGE FAMILY ROOM WITH EASY ACCESS TO SCREENED IN DECK. FORMAL DINING ROOM, LARGE UTILITY ROOM w/ WASHER/DRYER, CLOSE TO DOWN-TOWN BEL AIR.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Flooring Type: Carpet, Hardwood, Laminated
  • Interior Amenities: Elevator
  • Common Walls: 2+ Common Walls
  • Elevators Count: 1
  • Wall Ceiling Types: Dry Wall
  • Floors In Unit Count: 3
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1330
  • Living Area Sq Ft: 1330
  • Price Per Sq Ft: 127.07
  • Above Grade Finished Sq Ft: 1330
  • 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: Combination
  • Road Surface Type: Black Top
  • Roof: Architectural Shingle
  • View: Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 2
  • Parking Features: Asphalt Driveway, Handicap Parking, Lighted Parking, Parking Space Conveys, Paved Parking, Paved Driveway
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available
  • Water Source: Public
  • Municipal Trash: Yes

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
  • Condo Co-Op Name: SPENCEOLA FARMS
  • HOA Condo Co-Op Amenities: Elevator, Common Grounds, Community Center, Pool - Outdoor, Pool Mem Avail, Swimming Pool
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Care Front, Management, Reserve Funds, Snow Removal, Trash, Pool(s), Parking Fee
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: Yes
  • Senior Community: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 113000.00
  • Land Assessed Value: 40000.00
  • Land Use Code: 110
  • Lot Features: Backs To Trees, Cul-De-Sac
  • Property Condition: Very Good, Good
  • Year Assessed: 2019
  • Zoning: R2COS
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Pets: Size/Weight Restriction, Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5505762
  • Tax Annual Amount: 1765.00
  • Assessor Parcel Number: 1303329283
  • Tax Lot: 6
  • Tax Total Finished Sq Ft: 1330
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 12/20/2019

MLS Schools

  • School District Name: HARFORD COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2019
Closed on
Dec 19, 2019
Sold by
Manik Catherine M and Foltz Kathleen M
Bought by
Wilson Margaret D and Sewell Bruce
Seller's Agent
Adam Bailey
Berkshire Hathaway HomeServices Homesale Realty
Buyer's Agent
Russell Maas
Home Selling Assistance
List Price
$169,000
Sold Price
$175,000
Premium/Discount to List
$6,000
3.55%
Current Estimated Value
$277,616

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,616
Avg. Annual Appreciation
8.24%
Original Mortgage
$140,000
Outstanding Balance
$123,430
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$154,186

Purchase Details

Closed on
Nov 4, 2005
Sold by
Manik Catherine M
Bought by
Manik Catherine M

Purchase Details

Closed on
Oct 13, 1998
Sold by
Keystone Homes At Spenceola Farms
Bought by
Manik Catherine M
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
Wilson Margaret D $175,000 Key Title Inc
Manik Catherine M -- --
Manik Catherine M $117,760 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilson Margaret D $140,000
Closed Manik Catherine M --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2019 12/20/19 Sold $175,000 +3.6% $132 / Sq Ft
11/30/2019 11/30/19 Pending -- -- --
11/28/2019 11/28/19 For Sale $169,000 -3.4% $127 / Sq Ft
11/19/2019 11/19/19 Off Market $175,000 -- --
11/18/2019 11/18/19 For Sale $169,000 -- $127 / 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 $1,994 $205,000 $55,000 $150,000
2024 $1,994 $191,667 $0 $0
2023 $1,894 $178,333 $0 $0
2022 $1,798 $165,000 $50,000 $115,000
2021 $3,634 $161,000 $0 $0
2020 $1,812 $157,000 $0 $0
2019 $883 $153,000 $40,000 $113,000
2018 $1,727 $149,667 $0 $0
2017 $1,635 $153,000 $0 $0
2016 -- $143,000 $0 $0
2015 $1,944 $143,000 $0 $0
2014 $1,944 $143,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDHR240578

Bright MLS

APN: 03-329283