NOT LISTED FOR SALE

2501 Cherry Tree Rd Hanover, MD 21076

Estimated Value: $585,000 - $666,000

4 Beds
4 Baths
3,000 Sq Ft
$209/Sq Ft Est. Value

Last Sold October 16, 2023

Last sale price $612,000 $204 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,149/month

About This Home

As of October 2023

Immaculate end of group townhome available as a mid term rental. Owner would like a 6 month lease with an option to go month to month for a maximum of 3 months to follow. This Spacious Gourmet Kitchen offers Cumberland Maple Espresso Cabinets, Bianco Antico Granite, Stainless Steel Appliances. Pantry with Wine Fridge for convenience and accesses the Breakfast Area and Large Family Room(gas fireplace w/ mantle) and Deck. The Elegant Sunken Foyer leads to Open Living Room and Dining Room . The turned stair leads to the exceptional master bedroom, highlighted by the roomy walk in closet(extra shelving) and master bath with a private toilet area, Tiled floor, Luxurious soaking tub and dual sink vanity. Second floor Laundry and Nine Foot Ceilings on the Lower level and Main Level and Vaulted Ceilings in the second Floor Bedrooms with Ceiling Fans. Loft could be in-law suite and or Entertaining Area. Walk to Arundel Mills Mall and Maryland LIVE Casino, Restaurants, Coffee Shops and Community Pool. Just right off Route 100 and Baltimore /Washington Parkway. Only minutes from Ft Meade/NSA and BWI Airport/Marc Train. All Peace of Mind residents are enrolled in the Resident Benefits Package (RBP) for $45.95/month which includes renters insurance, HVAC air filter delivery (for applicable properties), credit building to help boost your credit score with timely rent payments, $1M Identity Protection, move-in concierge service making utility connection and home service setup a breeze during your move-in, our best-in-class resident rewards program, and much more! More details upon application.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2023
Closed on
Oct 11, 2023
Sold by
Stump Justin Morris and Stump Jalissa
Bought by
Shuman Kevin and Shuman Angela
Seller's Agent
Chris Meldrom
Corner House Realty
Buyer's Agent
Tammy Brill
RE/MAX Executive
Sold Price
$3,600
Views
124
Current Estimated Value
$625,896

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$622,296
Avg. Annual Appreciation
1.38%
Original Mortgage
$550,800
Outstanding Balance
$542,546
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$83,350

Purchase Details

Listed on
Jun 5, 2020
Closed on
Jul 15, 2020
Sold by
Robinson Shaylas D and Robinson Tonya T
Bought by
Stump Justin Morris and Stump Jalissa
Seller's Agent
Jay Fischetti
Keller Williams Realty Centre
Buyer's Agent
Gina White
Coldwell Banker Realty
List Price
$535,000
Sold Price
$540,000
Premium/Discount to List
$5,000
0.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.93%
Original Mortgage
$552,420
Interest Rate
3.2%
Mortgage Type
VA

Purchase Details

Closed on
Oct 14, 2016
Sold by
Toll Md Iv Llc
Bought by
Hughes Leroy and Hughes Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$501,744
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 1, 2016
Sold by
Toll Md Iv Llc
Bought by
Robinson Shaylas D and Robinson Tonya T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$527,796
Interest Rate
3.48%
Mortgage Type
VA
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Shuman Kevin $612,000 Terrain Title
Stump Justin Morris $540,000 Freestate Ttl Svcs Of Annapo
Hughes Leroy $526,080 Westminster Title Agency
Robinson Shaylas D $531,228 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shuman Kevin $550,800
Previous Owner Stump Jalissa $554,380
Previous Owner Stump Justin Morris $552,420
Previous Owner Hughes Leroy $501,744
Previous Owner Robinson Shaylas D $527,796
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2023 11/20/23 Rented $3,600 0.0% --
11/10/2023 11/10/23 For Rent $3,600 0.0% --
11/05/2023 11/05/23 Under Contract -- -- --
10/23/2023 10/23/23 For Rent $3,600 0.0% --
10/16/2023 10/16/23 Sold $612,000 +2.0% $204 / Sq Ft
09/14/2023 09/14/23 Pending -- -- --
09/10/2023 09/10/23 For Sale $600,000 +11.1% $200 / Sq Ft
07/15/2020 07/15/20 Sold $540,000 0.0% $180 / Sq Ft
06/08/2020 06/08/20 Pending -- -- --
06/08/2020 06/08/20 Price Changed $540,000 +0.9% $180 / Sq Ft
06/05/2020 06/05/20 For Sale $535,000 -- $178 / Sq Ft

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 $6,175 $523,000 $0 $0
2023 $5,788 $491,500 $0 $0
2022 $5,187 $460,000 $120,000 $340,000
2021 $10,374 $460,000 $120,000 $340,000
2020 $5,151 $460,000 $120,000 $340,000
2019 $10,500 $477,700 $160,000 $317,700
2018 $4,703 $463,833 $0 $0
2017 $359 $449,967 $0 $0
2016 -- $35,000 $0 $0
2015 -- $32,667 $0 $0
2014 -- $30,333 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2023

    Chris Meldrom

    Corner House Realty

    (410) 370-6327

    33 Total Sales

    Chris Meldrom
    Section Image
  • Gina White

    Seller's Agent in 2023

    Gina White

    Coldwell Banker (NRT-Southeast-MidAtlantic)

    (443) 822-1336

    55 in this area

    711 Total Sales

    Gina White
    Section Image
  • Tammy Brill

    Buyer's Agent in 2023

    Tammy Brill

    RE/MAX

    (443) 572-1766

    1 in this area

    56 Total Sales

    Tammy Brill
    Section Image
  • Erica Terry

    Buyer's Agent in 2023

    Erica Terry

    BHHS PenFed (actual)

    (301) 996-2536

    6 in this area

    89 Total Sales

    Erica Terry
    Section Image
  • Jay Fischetti

    Seller's Agent in 2020

    Jay Fischetti

    Keller Williams Realty Centre

    (301) 674-2929

    13 in this area

    338 Total Sales

    Jay Fischetti
    Section Image
  • Brandy Naecker

    Seller Co-Listing Agent in 2020

    Brandy Naecker

    Keller Williams Realty Centre

    (301) 395-2044

    6 in this area

    133 Total Sales

    Brandy Naecker
    Section Image
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Map

Maryland Anne Arundel County Hanover 20794

2501 Cherry Tree Rd, Hanover, MD

This home is located at 2501 Cherry Tree Rd, Hanover, MD 21076 and is currently estimated at $625,896, approximately $208 per square foot. 2501 Cherry Tree Rd is a home located in Anne Arundel County with nearby schools including Hebron-Harman Elementary School, MacArthur Middle School, and Meade High School.

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