$319,000
SOLD FEB 19, 2021

2907 Rain Tree Ct Owings Mills, MD 21117

1.36 Acres
$234,559 Price per Acre
59,242 Sq Ft Lot

Recently Sold

60% Above List Price

About This Lot

As of May 2022

ONLINE AUCTION ONLY! ** Online registration & bidding begins Saturday , January 30th and ends Thursday, February 4th at 1:00PM.** List price is opening bid only. Development Opportunity of a 1.36+/- Acre Prime Residential Lot Located on a Private Cul-de-sac in the "Raintree Farm" Subdivision of Baltimore County. Well and Perc Available. Great Location in The Greenspring Corridor! Conveniently Located Close to 695 & 83.

Last Agent to Sell the Property

Jared Block

Alex Cooper Auctioneers, Inc. License #SP98372459 Listed on: 01/07/2021

Last Buyer's Agent

Kaitlyn Vornadore

Douglas Realty, LLC License #680792

Douglas Realty, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $831

Lot Details

  • 1.36 Acre Lot
  • Property is zoned RC 5

HOA Fees

  • $50 Monthly HOA Fees

Utilities

  • Well

Community Details

  • The Serenity At Greenspring Homeowners Association

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 04042500002478

Property Details

Property Type

Land

Est. Annual Taxes

$831

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Vacant
  • New Construction: No
  • Automatically Close On Close Date: No
  • Remarks Public: ONLINE AUCTION ONLY! ** Online registration & bidding begins Saturday , January 30th and ends Thursday, February 4th at 1:00PM.** List price is opening bid only. Development Opportunity of a 1.36+/- Acre Prime Residential Lot Located on a Private Cul-de-sac in the "Raintree Farm" Subdivision of Baltimore County. Well and Perc Available. Great Location in The Greenspring Corridor! Conveniently Located Close to 695 & 83.
  • Special Features: Auction

Interior Features

  • Price Per Sq Ft: 5.38
  • Street Number Modifier: 2907

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 600.00
  • HOA Fee Frequency: Annually
  • HOA Name: THE SERENITY AT GREENSPRING HOMEOWNERS ASSOCIATION
  • HOA: Yes

Schools

  • School District: BALTIMORE COUNTY PUBLIC SCHOOLS
  • School District Key: 121140087473
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Land Use Code: 010
  • Lot Size Acres: 1.36
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 59242.00
  • Possible Use: Residential
  • Year Assessed: 2020
  • Zoning: RC 5
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11944523
  • Tax Annual Amount: 831.00
  • Assessor Parcel Number: 04042500002478
  • Tax Lot: 4
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 02/19/2021

MLS Schools

  • School District Name: BALTIMORE COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2021
Closed on
May 9, 2022
Sold by
Duck Shores Md Llc
Bought by
Nwaiwu Anthony Ndubuisi and Nwaiwu Rose Ngozi
Seller's Agent
Kaitlyn Vornadore
Douglas Realty, LLC
Buyer's Agent
Kaitlyn Vornadore
Douglas Realty, LLC
List Price
$1,050,000
Sold Price
$1,150,000
Premium/Discount to List
$100,000
9.52%
Current Estimated Value
$1,479,151

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$329,151
Avg. Annual Appreciation
6.08%
Original Mortgage
$920,000
Outstanding Balance
$876,625
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$524,752

Purchase Details

Listed on
Jan 7, 2021
Closed on
Feb 19, 2021
Sold by
Katz Deborah
Bought by
Duck Shores Maryland Llc
Seller's Agent
Jared Block
Alex Cooper Auctioneers, Inc.
Buyer's Agent
Kaitlyn Vornadore
Douglas Realty, LLC
List Price
$200,000
Sold Price
$319,000
Premium/Discount to List
$119,000
59.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
186.08%

Purchase Details

Closed on
May 25, 2006
Sold by
12520 Greenspring Avenue Llc
Bought by
Katz Deborah
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 Type Sale Price Title Company
Deed $1,150,000 Endeavor Title
Deed $318,000 Endeavor Title Llc
Deed $484,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $920,000 New Conventional
Closed $920,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2022 05/09/22 Sold $1,150,000 0.0% $221 / Sq Ft
12/29/2021 12/29/21 Price Changed $1,150,000 0.0% $221 / Sq Ft
09/20/2021 09/20/21 Pending -- -- --
05/25/2021 05/25/21 Off Market $1,150,000 -- --
03/26/2021 03/26/21 For Sale $1,050,000 +229.2% $202 / Sq Ft
02/19/2021 02/19/21 Sold $319,000 +59.5% --
02/04/2021 02/04/21 Pending -- -- --
01/07/2021 01/07/21 For Sale $200,000 -- --
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 $13,333 $1,113,500 -- --
2024 $13,333 $1,105,100 $248,600 $856,500
2023 $6,441 $1,062,833 $0 $0
2022 $824 $1,020,567 $0 $0
2021 $824 $68,600 $68,600 $0
2020 $831 $68,600 $68,600 $0
2019 $831 $68,600 $68,600 $0
2018 $824 $68,600 $68,600 $0
2017 $824 $68,600 $0 $0
2016 $1,099 $68,600 $0 $0
2015 $1,099 $68,600 $0 $0
2014 $1,099 $68,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDBC516912

Bright MLS

APN: 04-2500002478