305 Otto Ln Gambrills, MD 21054
Estimated Value: $776,612 - $796,000
4
Beds
2.5
Baths
2,450
Sq Ft
$322/Sq Ft
Est. Value
Highlights
- 0.26 Acre Lot
- Colonial Architecture
- Parking Storage or Cabinetry
- Arundel High School Rated A-
- 2 Car Direct Access Garage
- Brick Front
About This Home
As of June 2024Welcome home to this remarkably well maintained and upgraded home. The owners have meticulously cared for this home to ensure that it is in excellent condition - the benefits of which you as new owners can now enjoy. HVAC replaced in 2020. Roof was professionally replaced in 2014. Hand scraped solid hardwood flooring throughout the entire house. Kitchen renovated with a custom designed granite countertop, double oven, and double drawer dishwasher. Upstairs hallway bathroom renovated around 2015. The home also has immaculate landscaping in the front, side, and fenced-in backyard. Built-in irrigation system makes watering a breeze. The backyard features a patio with a built-in natural gas grill, a pergola swing, and a nice private yard area. Great for kids, pets, entertaining, or a nice quiet relaxing space. The home is in a private cul-de-sac so you don't need to worry about noisy or busy through traffic. Just enjoy the tranquility and serenity. Very low HOA fee for a well kept neighborhood, without breaking the bank. Location of the home is very quietly tucked away in a secluded neighborhood, but also conveniently located: just 1 mile to get on highway MD-32. 10 miles to BWI Airport. 20 miles to Baltimore and 27 miles to Washington D.C. Huge unfinished basement with a full size window so it has the potential to become additional living area, entertainment, home theatre, or whatever you desire.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,706
Year Built
- Built in 1995
Lot Details
- 0.26 Acre Lot
HOA Fees
- $24 Monthly HOA Fees
Parking
- 2 Car Direct Access Garage
- 4 Driveway Spaces
- Parking Storage or Cabinetry
- Front Facing Garage
- Garage Door Opener
Home Design
- Colonial Architecture
- Slab Foundation
- Brick Front
Interior Spaces
- Property has 3 Levels
- Unfinished Basement
Bedrooms and Bathrooms
- 4 Bedrooms
Schools
- Odenton Elementary School
- Arundel Middle School
- Arundel High School
Utilities
- Central Heating and Cooling System
- Natural Gas Water Heater
Community Details
- Sappington Hill Subdivision
Listing and Financial Details
- Tax Lot 20
- Assessor Parcel Number 020467790082137
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 16, 2024
Closed on
Jun 18, 2024
Sold by
Gerbrick William R and Gerbrick Pamela J
Bought by
Duncan Adam B and Duncan Holly A
Seller's Agent
Tony Chow
Grand Elm
Buyer's Agent
Michelle Hood
Keller Williams Flagship
List Price
$749,900
Sold Price
$775,758
Premium/Discount to List
$25,858
3.45%
Views
81
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,145
Avg. Annual Appreciation
1.55%
Original Mortgage
$697,498
Outstanding Balance
$692,322
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$95,581
Purchase Details
Closed on
Jan 19, 1995
Sold by
Sappington Hill Dev Corp
Bought by
Gerbrick William R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,150
Interest Rate
9.16%
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Duncan Adam B | $775,758 | Charter Title | |
| Gerbrick William R | $229,060 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Duncan Adam B | $697,498 | |
| Previous Owner | Gerbrick William R | $70,000 | |
| Previous Owner | Gerbrick William R | $381,500 | |
| Previous Owner | Gerbrick William Richard | $383,700 | |
| Previous Owner | Gerbrick William R | $280,000 | |
| Previous Owner | Gerbrick William R | $60,000 | |
| Previous Owner | Gerbrick William | $48,000 | |
| Previous Owner | Gerbrick William R | $203,150 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/18/2024 06/18/24 | Sold | $775,758 | +3.4% | $317 / Sq Ft |
| 05/18/2024 05/18/24 | Pending | -- | -- | -- |
| 05/16/2024 05/16/24 | For Sale | $749,900 | -- | $306 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $6,107 | $511,833 | $0 | $0 |
| 2023 | $4,218 | $487,767 | $0 | $0 |
| 2022 | $4,377 | $463,700 | $201,200 | $262,500 |
| 2021 | $8,604 | $457,200 | $0 | $0 |
| 2020 | $4,189 | $450,700 | $0 | $0 |
| 2019 | $4,121 | $444,200 | $152,600 | $291,600 |
| 2018 | $4,367 | $430,667 | $0 | $0 |
| 2017 | $3,868 | $417,133 | $0 | $0 |
| 2016 | -- | $403,600 | $0 | $0 |
| 2015 | -- | $403,600 | $0 | $0 |
| 2014 | -- | $403,600 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Tony Chow
Seller's Agent in 2024
Tony Chow
Grand Elm
(240) 506-1901
1 in this area
89 Total Sales
-
Howard Chow
Seller Co-Listing Agent in 2024
Howard Chow
Grand Elm
(240) 888-3441
1 in this area
62 Total Sales
-
Michelle Hood
Buyer's Agent in 2024
Michelle Hood
Keller Williams Flagship
(240) 882-7726
9 in this area
108 Total Sales
Map
Source: Bright MLS
MLS Number: MDAA2084674
APN: 04-677-90082137
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