NOT LISTED FOR SALE

2550 Cherry Tree Rd Hanover, MD 21076

Estimated Value: $528,679 - $547,000

3 Beds
4 Baths
2,020 Sq Ft
$266/Sq Ft Est. Value

Last Sold June 21, 2021

Last sale price $450,000 $223 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,567/month

5 Days on Market

Highlights

  • Gourmet Kitchen
  • Sitting Room
  • 2 Car Attached Garage
  • Colonial Architecture
  • Fireplace
  • En-Suite Primary Bedroom

About This Home

As of June 2021

Don't miss this beautiful end-unit town home. The brick surround, gleaming hardwood floors, and added natural light make this turn-key property an easy decision. Enjoy the large island with granite counters and stainless appliances. The 3 bedroom, 2-full, 2-half bath home also boasts a large owner's suite, vinyl deck, and a spacious two car garage. Easy access to major commuter routes, shopping, dining, and entertainment.

Last Agent to Sell the Property

Troyce Gatewood

Real Broker, LLC - Frederick Listed on: 05/13/2021

Last Buyer's Agent

Rex Thomas

Samson Properties

Samson Properties

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,410

Year Built

  • Built in 2013

Lot Details

  • 1,664 Sq Ft Lot

HOA Fees

  • $120 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Rear-Facing Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,020 Sq Ft Home
  • Property has 3 Levels
  • Fireplace
  • Sitting Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Finished Basement

Kitchen

  • Gourmet Kitchen
  • Electric Oven or Range
  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater

Community Details

  • Arundel Preserve HOA
  • Pointe At Arundel Preserves Subdivision
  • Property Manager

Listing and Financial Details

  • Tax Lot 73
  • Assessor Parcel Number 020456990234139

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,410

Year Built

Built in 2013

Lot Details

0

HOA Fees

$120 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • Inclusions: Built-in Microwave, Ceiling Fan (s) (2), Central Vacuum, Clothes Dryer/Washer, Dishwasher, Electronic Air Filter, Exhaust Fan, Existing w/w carpet, Fireplace Screen Doors, Garbage Disposer, Refrigerator w/ Ice Maker, Screens, Shades/Blinds, Stove/Range
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Expected On Market: 2021-05-14
  • Federal Flood Zone: No
  • Year Built: 2013
  • Automatically Close On Close Date: No
  • Remarks Public: Don't miss this beautiful end-unit town home. The brick surround, gleaming hardwood floors, and added natural light make this turn-key property an easy decision. Enjoy the large island with granite counters and stainless appliances. The 3 bedroom, 2-full, 2-half bath home also boasts a large owner's suite, vinyl deck, and a spacious two car garage. Easy access to major commuter routes, shopping, dining, and entertainment.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Dryer, Exhaust Fan, Oven/Range - Electric, Washer
  • Interior Amenities: Combination Kitchen/Dining, Dining Area, Kitchen - Island, Kitchen - Gourmet, Primary Bath(s)
  • Fireplace: Yes
  • Levels Count: 3
  • Room List: Living Room, Primary Bedroom, Sitting Room, Bedroom 2, Bedroom 3, Kitchen, Primary Bathroom, Full Bath, Half Bath
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 2020
  • Living Area Sq Ft: 2020
  • Price Per Sq Ft: 210.40
  • Above Grade Finished Sq Ft: 2020
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2550

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 1.00
  • Upper Level 2 Bathrooms: 2.00
  • Upper Level 2 Full Bathrooms: 2
  • Main Level Half Bathrooms: 1
  • Upper Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Rear Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Refuse: 298.00
  • 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
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 120.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Name: ARUNDEL PRESERVE
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
  • School District Key: 121140671932
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 273200.00
  • Land Assessed Value: 120000.00
  • Land Use Code: 011
  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1664.00
  • Year Assessed: 2021
  • Zoning: 011
  • In City Limits: No

Rental Info

  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 15466420
  • Tax Annual Amount: 4410.00
  • Assessor Parcel Number: 020456990234139
  • Tax Lot: 73
  • Tax Total Finished Sq Ft: 2020
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 06/21/2021

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2024
Sold by
Varghese Taniya and Thomas Nicky
Bought by
Thomas Nicky
Total Days on Market
5
Current Estimated Value
$537,170

Purchase Details

Listed on
May 13, 2021
Closed on
Jun 17, 2021
Sold by
Bilbrey Franklin Reuben and Bilbrey Shara Francheska
Bought by
Varghese Taniya and Thomas Nicky
Seller's Agent
Troyce Gatewood
Real Broker, LLC - Frederick
Buyer's Agent
Rex Thomas
Samson Properties
List Price
$425,000
Sold Price
$450,000
Premium/Discount to List
$25,000
5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.56%
Original Mortgage
$427,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2013
Sold by
K Hovnanian Homes Of Maryland I Llc
Bought by
Bilbrey Franklin Reuben and Bilbrey Shara Francheska

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$397,057
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 9, 2012
Sold by
K Hovnanian Homes Of Maryland Llc
Bought by
K Hovnanian Homes Of Maryland I Llc
Source: Public Records

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Range of Values:

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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
Thomas Nicky -- None Listed On Document
Varghese Taniya $450,000 Legacyhouse Title
Bilbrey Franklin Reuben $388,716 Founders Title Agency Of Mar
K Hovnanian Homes Of Maryland I Llc $2,710,500 Founders Title Agency Of Mar
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Varghese Taniya $427,500
Previous Owner Bilbrey Franklin Reuben $351,000
Previous Owner Bilbrey Franklin Reuben $397,057
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2021 06/21/21 Sold $450,000 +5.9% $223 / Sq Ft
05/18/2021 05/18/21 Pending -- -- --
05/13/2021 05/13/21 For Sale $425,000 -- $210 / 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
2024 $5,183 $432,667 $0 $0
2023 $4,929 $412,933 $0 $0
2022 $4,487 $393,200 $120,000 $273,200
2021 $4,446 $393,200 $120,000 $273,200
2020 $4,446 $393,200 $120,000 $273,200
2019 $9,081 $414,200 $160,000 $254,200
2018 $4,057 $400,067 $0 $0
2017 $4,150 $385,933 $0 $0
2016 -- $371,800 $0 $0
2015 -- $367,933 $0 $0
2014 -- $364,067 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA466700

Bright MLS

APN: 04-569-90234139