NOT LISTED FOR SALE

308 W Furnace Branch Rd Glen Burnie, MD 21061

Estimated Value: $266,000 - $360,000

3 Beds
2 Baths
1,323 Sq Ft
$251/Sq Ft Est. Value

Last Sold September 27, 2019

Last sale price $161,005 $122 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $2,022/month

90 Days on Market

Highlights

  • Rambler Architecture
  • Wood Flooring
  • Level Entry For Accessibility
  • Backs to Trees or Woods
  • No HOA
  • Brick Front

About This Home

As of September 2019

Great rehab opportunity in Glen Burnie. Single Family ranch has been converted into a main unit with 2 bedroom, 1 full bath and a large living room / dining room combo that also has a 2nd unit (efficiency style - 1 large living area, full kitchen, full bathroom). Property needs work but will be a great income producer with some TLC. Large level lot with potential for a great outdoor space.

Last Agent to Sell the Property

Josh Mente

(410) 394-9114 josh@bluepointprops.com Keller Williams Legacy License #633167 Listed on: 06/12/2019

Keller Williams Legacy

Co-Listed By

Alec Sorrel

(804) 310-6318 reosales@themdhometeam.com Keller Williams Legacy Central

Last Buyer's Agent

Darlene Hartsock

(410) 206-1921 dhartsock@godouglasrealty.com Douglas Realty, LLC

Douglas Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,231

Year Built

  • Built in 1955

Lot Details

  • 10,160 Sq Ft Lot
  • Level Lot
  • Backs to Trees or Woods
  • Ground Rent
  • Property is zoned R5

Home Design

  • Rambler Architecture
  • Asphalt Roof
  • Brick Front

Interior Spaces

  • Property has 1 Level
  • Wood Flooring
  • Basement
  • Interior Basement Entry

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Driveway
  • Off-Street Parking

Accessible Home Design

  • Level Entry For Accessibility

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Electric Baseboard Heater

Community Details

  • No Home Owners Association
  • Glen Branch Subdivision

Listing and Financial Details

  • Tax Lot 62
  • Assessor Parcel Number 020533001871800

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,231

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2019-06-12
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Stove, Dishwasher, Refrigerator
  • Interior Amenities: Wood Floors
  • Fireplace: No
  • Levels Count: 1
  • Basement: Yes
  • Basement Type: Interior Access
  • Total Sq Ft: 2223
  • Living Area Sq Ft: 1323
  • Price Per Sq Ft: 120.86
  • Above Grade Finished Sq Ft: 1323
  • Below Grade Sq Ft: 900
  • Total Below Grade Sq Ft: 900
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

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

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Off Street

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Wall Unit
  • Heating Fuel: Natural Gas, Electric
  • Heating Type: Baseboard - Electric, Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 93600.00
  • Land Assessed Value: 96100.00
  • Lot Features: Backs To Trees, Level
  • Lot Size Acres: 0.23
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10160.00
  • Zoning: R5
  • In City Limits: No

Rental Info

  • Ground Rent Exists: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15303518
  • Tax Annual Amount: 2231.00
  • Assessor Parcel Number: 020533001871800
  • Tax Lot: 62
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018

Multi Family

  • Income Expense List: Annual Ground Rent

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2019
Closed on
Sep 26, 2019
Sold by
Wilmington Savings Fund Society Fsb
Bought by
Giusto Joseph D
Seller's Agent
Josh Mente
Keller Williams Legacy
Buyer's Agent
Darlene Hartsock
Douglas Realty, LLC
List Price
$159,900
Sold Price
$161,005
Premium/Discount to List
$1,105
0.69%
Current Estimated Value
$332,224

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,219
Avg. Annual Appreciation
12.46%
Original Mortgage
$177,200
Outstanding Balance
$155,236
Interest Rate
3.5%
Mortgage Type
Commercial
Estimated Equity
$176,988

Purchase Details

Closed on
May 10, 2019
Sold by
Cruz Jessica
Bought by
Wilmington Savings Fund Society Fsb and Bcat 2015 14Btt

Purchase Details

Closed on
Aug 30, 2005
Sold by
Henderson Anita G
Bought by
Cruz Jessica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
8.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 19, 2004
Sold by
Henderson Anita G
Bought by
Henderson Anita G

Purchase Details

Closed on
Aug 15, 2000
Sold by
Brooks Lawson B
Bought by
Henderson Anita G and Chilcoat Francis J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Giusto Joseph D $161,005 None Available
Wilmington Savings Fund Society Fsb $170,000 None Available
Cruz Jessica $256,000 --
Henderson Anita G -- --
Henderson Anita G $114,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Giusto Joseph D $177,200
Previous Owner Cruz Jessica $256,000
Closed Henderson Anita G --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2019 09/27/19 Sold $161,005 +0.7% $122 / Sq Ft
09/11/2019 09/11/19 Pending -- -- --
08/29/2019 08/29/19 For Sale $159,900 0.0% $121 / Sq Ft
06/26/2019 06/26/19 Pending -- -- --
06/12/2019 06/12/19 For Sale $159,900 -- $121 / 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
2025 $3,280 $267,000 $163,800 $103,200
2024 $3,280 $253,700 $0 $0
2023 $3,099 $240,400 $0 $0
2022 $2,803 $227,100 $130,700 $96,400
2021 $2,673 $214,633 $0 $0
2020 $2,502 $202,167 $0 $0
2019 $2,373 $189,700 $96,100 $93,600
2018 $1,924 $189,700 $96,100 $93,600
2017 $2,557 $189,700 $0 $0
2016 -- $211,700 $0 $0
2015 -- $207,533 $0 $0
2014 -- $203,367 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA403238

Bright MLS

APN: 05-330-01871800