NOT LISTED FOR SALE

2556 Cherry Tree Rd Hanover, MD 21076

Estimated Value: $513,000 - $553,000

3 Beds
4 Baths
2,400 Sq Ft
$225/Sq Ft Est. Value

Last Sold August 27, 2020

Last sale price $400,000 $167 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $3,353/month

About This Home

Check out this lovely, end-of-row townhome in Hanover today! This construction has some wonderful, unique draws, and combines 3 bedrooms and 4 baths across three stories and 1,600 sq ft. The main floor of this home features a formal entry-way living room and half bath. Here, as well as throughout the home, we have tasteful recessed lighting and hardwood floors. The second floor is fantastic: there is a bright and cozy living room in the front, with the rear half featuring a big open dining room and kitchen space, accompanied by plenty of windows and tasteful wainscotting. The kitchen features solid granite counters (including an extra-wide central island) and stainless steel appliances (including a double oven and dual sink). The dining room area has a wall-mounted electric fireplace, providing the perfect ambiance for mealtime, and this room also features access to the rear deck, and another half bath. Upstairs, there are three perfect bedrooms, including the master suite. Each bedroom is bright and has a ceiling fan and closet. The master bedroom is luxurious, with a tray ceiling and beautiful tiled bathroom with tub and walk-in shower. With all this, there is also the brilliant rear deck, which has a nice, territorial view, and room for grilling! Living at 2556 Cherry Tree Rd, you will be in a wonderful, private community with a fantastic home, and with quick access to the Baltimore-Washington Parkway, you will still have only a 25 minute drive to Baltimore! There is a lot to appreciate here, inquire about this wonderful home soon!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2020
Closed on
Aug 27, 2020
Sold by
Dowell Elizabeth Alexandria and Selinski Christian Edward
Bought by
Bennett Robert J and Bennett Ann S
Seller's Agent
Donna Higgs
Long & Foster Real Estate, Inc.
Buyer's Agent
Valerie Winebrenner
Buyers Edge Co., Inc.
List Price
$408,000
Sold Price
$400,000
Premium/Discount to List
-$8,000
-1.96%
Current Estimated Value
$539,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,710
Avg. Annual Appreciation
5.85%
Original Mortgage
$388,000
Outstanding Balance
$344,324
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$195,386

Purchase Details

Listed on
May 3, 2013
Closed on
Aug 29, 2013
Sold by
K Hovnanian Homes Of Maryland I Llc
Bought by
Dowell Elizabeth Alexandria and Selinski Christian Edward
Seller's Agent
Jay Day
LPT Realty, LLC
Buyer's Agent
Jay Day
LPT Realty, LLC
List Price
$387,990
Sold Price
$388,940
Premium/Discount to List
$950
0.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.40%
Original Mortgage
$381,867
Interest Rate
4.37%
Mortgage Type
FHA

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bennett Robert J $400,000 True Title Inc
Dowell Elizabeth Alexandria $388,940 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
Open Bennett Robert J $388,000
Previous Owner Dowell Elizabeth Alexandria $381,867
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/27/2020 08/27/20 Sold $400,000 -2.0% $167 / Sq Ft View Prior Sale
07/12/2020 07/12/20 Pending -- -- --
06/25/2020 06/25/20 For Sale $408,000 +4.9% $170 / Sq Ft
08/29/2013 08/29/13 Sold $388,940 +0.2% $201 / Sq Ft View Prior Sale
05/15/2013 05/15/13 Pending -- -- --
05/03/2013 05/03/13 For Sale $387,990 -- $201 / 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
2025 $4,683 $446,100 $120,000 $326,100
2024 $4,683 $420,433 $0 $0
2023 $4,543 $394,767 $0 $0
2022 $4,228 $369,100 $120,000 $249,100
2021 $8,456 $369,100 $120,000 $249,100
2020 $4,190 $369,100 $120,000 $249,100
2019 $4,428 $391,700 $160,000 $231,700
2018 $3,818 $376,567 $0 $0
2017 $3,889 $361,433 $0 $0
2016 -- $346,300 $0 $0
2015 -- $342,167 $0 $0
2014 -- $338,033 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Donna Higgs

    Seller's Agent in 2020

    Donna Higgs

    Long & Foster

    (443) 240-1369

    6 in this area

    49 Total Sales

    Donna Higgs
    Section Image
  • Valerie Winebrenner

    Buyer's Agent in 2020

    Valerie Winebrenner

    Buyers Edge Co., Inc.

    (301) 775-6737

    1 in this area

    20 Total Sales

    Valerie Winebrenner
    Section Image
  • Jay Day

    Seller's Agent in 2013

    Jay Day

    LPT Realty, LLC

    (866) 702-9038

    17 in this area

    1,202 Total Sales

    Jay Day
    Section Image
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Map

Maryland Anne Arundel County Hanover 20794

2556 Cherry Tree Rd, Hanover, MD

Not Listed for Sale

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