NOT LISTED FOR SALE

402 Lee Way Bel Air, MD 21014

Estimated Value: $452,000 - $487,000

5 Beds
2 Baths
2,179 Sq Ft
$216/Sq Ft Est. Value

Last Sold May 28, 2024

Last sale price $450,000 $207 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,728/month

1 Day on Market

Highlights

  • Rambler Architecture
  • 1 Fireplace
  • Den
  • Bel Air Elementary School Rated A-
  • No HOA
  • Living Room

About This Home

As of May 2024

Welcome to your new home sweet home! Nestled in the heart of Bel Air in a family-friendly neighborhood, this charming property offers the perfect blend of comfort and convenience.As you step inside, you'll be greeted by an inviting living space adorned with hardwood floors and natural light streaming through large windows. As you make your way through the home you will find a cozy dining space off of the kitchen as well as a large bonus area that is perfect for an additional living room. The kitchen boasts newer cabinetry, stainless steel appliances, granite countertops, and plenty of storage. Sliding glass doors lead from the family room to a deck overlooking a spacious fenced-in backyard, perfect for outdoor gatherings, gardening, or simply relaxing.This home features five bedrooms, three of which are on the main level. There is also an additional room that can be used as an office or playroom. The lower level is mostly finished with a large recreation room for additional living space, as well as a full bathroom and two additional bedrooms. Both bedrooms have windows offering plenty of natural light. There are two large unfinished areas that are perfect for storage as well. The washer and dryer are currently located in the lower level, however there is a washer/dryer hookup located on the main level as well for anyone looking for one-level living. Conveniently located in the heart of Bel Air town, this property provides easy access to everything you need while still offering a peaceful retreat from the hustle and bustle of city life. It is in walking distance to all of the restaurants and shopping that Main Street has to offer, a community playground, the library, and more!Updates include: new appliances, HVAC, hot water heater (2019), and newer roof (2017). Don't miss out on the opportunity to make this house your forever home!

Last Agent to Sell the Property

Nicole Gentry

(443) 504-9657 nicolegentryhomes@gmail.com Cummings & Co. Realtors License #672315 Listed on: 05/03/2024

Cummings & Co. Realtors

Last Buyer's Agent

Zach Hayes

(301) 788-3617 zhayes87@gmail.com Cummings & Co. Realtors License #RSR006304

Cummings & Co. Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,619

Year Built

  • Built in 1959

Lot Details

  • 0.29 Acre Lot
  • Property is zoned R1

Home Design

  • Rambler Architecture
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • Property has 2 Levels
  • 1 Fireplace
  • Living Room
  • Den
  • Partially Finished Basement
  • Basement with some natural light

Bedrooms and Bathrooms

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces

Utilities

  • 90% Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 1303016951

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,619

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main
  • Expected On Market: 2024-05-03
  • Year Built: 1959
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to your new home sweet home! Nestled in the heart of Bel Air in a family-friendly neighborhood, this charming property offers the perfect blend of comfort and convenience. As you step inside, you'll be greeted by an inviting living space adorned with hardwood floors and natural light streaming through large windows. As you make your way through the home you will find a cozy dining space off of the kitchen as well as a large bonus area that is perfect for an additional living room. The kitchen boasts newer cabinetry, stainless steel appliances, granite countertops, and plenty of storage. Sliding glass doors lead from the family room to a deck overlooking a spacious fenced-in backyard, perfect for outdoor gatherings, gardening, or simply relaxing. This home features five bedrooms, three of which are on the main level. There is also an additional room that can be used as an office or playroom. The lower level is mostly finished with a large recreation room for additional living space, as well as a full bathroom and two additional bedrooms. Both bedrooms have windows offering plenty of natural light. There are two large unfinished areas that are perfect for storage as well. The washer and dryer are currently located in the lower level, however there is a washer/dryer hookup located on the main level as well for anyone looking for one-level living. Conveniently located in the heart of Bel Air town, this property provides easy access to everything you need while still offering a peaceful retreat from the hustle and bustle of city life. It is in walking distance to all of the restaurants and shopping that Main Street has to offer, a community playground, the library, and more! Updates include: new appliances, HVAC, hot water heater (2019), and newer roof (2017). Don't miss out on the opportunity to make this house your forever home!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Brick/Mortar
  • Levels Count: 2
  • Room List: Living Room, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bedroom 1, Office
  • Basement: Yes
  • Basement Type: Daylight, Partial, Partially Finished
  • Total Sq Ft: 3158
  • Living Area Sq Ft: 2179
  • Price Per Sq Ft: 262.76
  • Above Grade Finished Sq Ft: 1579
  • Below Grade Finished Sq Ft: 600
  • Below Grade Sq Ft: 979
  • Total Below Grade Sq Ft: 1579
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 402

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 3
  • All Lower Level Bedrooms: 2
  • Lower Level Bedroom: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Lower Level Full 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: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • 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: HARFORD COUNTY PUBLIC SCHOOLS
  • School District Key: 121139964110
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: R
  • Lot Size Acres: 0.29
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12800.00
  • Year Assessed: 2023
  • Zoning: R1
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4619.00
  • Assessor Parcel Number: 1303016951
  • Tax Lot: 1
  • Tax Total Finished Sq Ft: 2179
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 05/28/2024

MLS Schools

  • School District Name: HARFORD COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2024
Closed on
May 24, 2024
Sold by
Benson Matthew E
Bought by
Dunbar Olivia
Seller's Agent
Nicole Gentry
Cummings & Co. Realtors
Buyer's Agent
Zach Hayes
Cummings & Co. Realtors
List Price
$414,900
Sold Price
$450,000
Premium/Discount to List
$35,100
8.46%
Views
113
Current Estimated Value
$470,475

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,475
Avg. Annual Appreciation
3.18%
Original Mortgage
$450,000
Interest Rate
7.17%
Mortgage Type
Construction

Purchase Details

Listed on
Jun 28, 2019
Closed on
Aug 12, 2019
Sold by
Kellerman Sharon A and Mcdonald Jr Revoca Archibald C
Bought by
Benson Matthew E
Seller's Agent
Hollin Weaver
Coldwell Banker Realty
Buyer's Agent
Mitchell Toland
Redfin Corp
List Price
$304,999
Sold Price
$304,900
Premium/Discount to List
-$99
-0.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.47%
Original Mortgage
$310,235
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 2, 2018
Sold by
Mcdonald Archibald C
Bought by
Mcdonald Archibald C and The Mcdonald C Mcdonald Jr Rev
Source: Public Records

Range of Values:

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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
Dunbar Olivia $450,000 Legacy Settlement Services
Dunbar Olivia $450,000 Legacy Settlement Services
Benson Matthew E $304,900 Title Forward
Mcdonald Archibald C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Dunbar Olivia $450,000
Previous Owner Benson Matthew E $310,235
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/28/2024 05/28/24 Sold $450,000 +8.5% $207 / Sq Ft
05/05/2024 05/05/24 Pending -- -- --
05/03/2024 05/03/24 For Sale $414,900 +36.1% $190 / Sq Ft
08/16/2019 08/16/19 Sold $304,900 0.0% $193 / Sq Ft View Prior Sale
07/01/2019 07/01/19 Pending -- -- --
06/28/2019 06/28/19 For Sale $304,999 -- $193 / 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 $3,124 $346,000 $83,900 $262,100
2024 $3,124 $327,667 $0 $0
2023 $2,949 $309,333 $0 $0
2022 $2,774 $291,000 $83,900 $207,100
2021 $3,143 $270,433 $0 $0
2020 $2,513 $249,867 $0 $0
2019 $2,306 $229,300 $108,300 $121,000
2018 $2,174 $224,833 $0 $0
2017 $2,152 $229,300 $0 $0
2016 -- $215,900 $0 $0
2015 $2,131 $215,033 $0 $0
2014 $2,131 $214,167 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDHR2030926

Bright MLS

APN: 03-016951