NOT LISTED FOR SALE

2003 Magnolia Woods Ct Unit K Edgewood, MD 21040

Estimated Value: $92,000 - $120,000

2 Beds
2 Baths
900 Sq Ft
$238/mo HOA Fee

Last Sold September 24, 2018

Last sale price $54,000 $60 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $867/month

Highlights

  • Colonial Architecture
  • Main Floor Bedroom
  • Security Service
  • Traditional Floor Plan
  • Intercom
  • Central Air

About This Home

As of September 2018

Move right in, nice condo and well maintained! Included are dishwasher, stove and water heater which are all less than one year old! Bonus full size washer and dryer. Open spacious kitchen with lots of nice cabinets. The a/c has been serviced yearly. Step out on your balcony which faces the quietness of the woods. Cash or conventional loans only.

Last Agent to Sell the Property

The Warnick Team

(443) 540-7900 thehomeguy@lnf.com Long & Foster Real Estate, Inc. Listed on: 08/22/2018

Long & Foster Real Estate, Inc.

Co-Listed By

Roberta Warnick

(443) 623-7218 robin.warnick@longandfoster.com Long & Foster Real Estate, Inc.

Last Buyer's Agent

Liyu Cao

(667) 678-3615 skylakedmv@gmail.com Liyu Cao License #652839

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $554

Year Built

  • Built in 1988

Lot Details

  • 436

HOA Fees

  • $238 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 900 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • Combination Dining and Living Room
  • Intercom

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 2003K
  • Assessor Parcel Number 1301235451

Community Details

Overview

  • Association fees include lawn maintenance, snow removal, trash, exterior building maintenance
  • Low-Rise Condominium
  • Magnolia Woods Community
  • Magnolia Woods Condominiums Subdivision

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$554

Year Built

Built in 1988

Lot Details

0

HOA Fees

$238 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Colonial
  • Ownership: Condominium
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2018-08-22
  • Year Built: 1988
  • Remarks Public: Move right in, nice condo and well maintained! Included are dishwasher, stove and water heater which are all less than one year old! Bonus full size washer and dryer. Open spacious kitchen with lots of nice cabinets. The a/c has been serviced yearly. Step out on your balcony which faces the quietness of the woods. Cash or conventional loans only.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Refrigerator, Stove, Washer, Dryer
  • Interior Amenities: Combination Dining/Living, Primary Bath(s), Entry Level Bedroom, Floor Plan - Traditional
  • Fireplace: No
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Bedroom 2, Kitchen, Bedroom 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 900
  • Living Area Sq Ft: 900
  • Price Per Sq Ft: 61.00
  • Above Grade Finished Sq Ft: 900
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2003

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
  • Construction Materials: Brick
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Main Entrance Lock, Intercom
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 238.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Security
  • HOA Condo Co-Op Fee Includes: Lawn Maintenance, Snow Removal, Trash, Ext Bldg Maint
  • HOA: No
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 36000.00
  • Land Assessed Value: 15000.00
  • Year Assessed: 2018
  • Zoning: B3

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 553.92
  • Assessor Parcel Number: 1301235451
  • Tax Lot: 2003K
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 09/24/2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2018
Closed on
Sep 24, 2018
Sold by
Matheny Claudia G
Bought by
Affordable Dream Properties Llc
Seller's Agent
The Warnick Team
Long & Foster Real Estate, Inc.
Buyer's Agent
Liyu Cao
Liyu Cao
List Price
$54,900
Sold Price
$54,000
Premium/Discount to List
-$900
-1.64%
Current Estimated Value
$108,559

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,559
Avg. Annual Appreciation
10.41%
Original Mortgage
$39,750
Outstanding Balance
$34,593
Interest Rate
4.5%
Mortgage Type
Commercial
Estimated Equity
$73,966

Purchase Details

Closed on
Oct 8, 1996
Sold by
Bearman Susan Lynn
Bought by
Matheny Charles William and Matheny Claudia G

Purchase Details

Closed on
Dec 19, 1989
Sold by
Gast Construction Co Inc
Bought by
Bearman Susan Lynn
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
Affordable Dream Properties Llc $54,000 Metropolitan Title Co Inc
Matheny Charles William $58,000 --
Bearman Susan Lynn $62,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Affordable Dream Properties Llc $39,750
Closed Matheny Charles William --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/24/2018 09/24/18 Sold $54,000 0.0% $60 / Sq Ft
09/01/2018 09/01/18 Pending -- -- --
08/25/2018 08/25/18 Off Market $54,000 -- --
08/22/2018 08/22/18 For Sale $54,900 -- $61 / 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 $639 $63,333 $0 $0
2024 $639 $58,667 $0 $0
2023 $589 $54,000 $15,000 $39,000
2022 $578 $53,000 $0 $0
2021 $578 $52,000 $0 $0
2020 $589 $51,000 $15,000 $36,000
2019 $577 $50,000 $0 $0
2018 $565 $49,000 $0 $0
2017 $549 $48,000 $0 $0
2016 -- $48,000 $0 $0
2015 $972 $48,000 $0 $0
2014 $972 $81,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1005950289

Bright MLS

APN: 01-235451