NOT LISTED FOR SALE

501 Academy Ave Owings Mills, MD 21117

Estimated Value: $377,000 - $400,000

4 Beds
3 Baths
1,284 Sq Ft
$304/Sq Ft Est. Value

Last Sold August 01, 2022

Last sale price $380,000 $296 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,327/month

Highlights

  • Rambler Architecture
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of August 2022

Maryland's Local Brokerage Presents!

Back on the market and a Huge Price Improvement!! A totally renovated rancher in Timber Grove! This house is situated on a corner lot and features plenty of brand new upgrades. The home has a new roof featuring 25 year architectural shingles. New windows, doors and deck. Fresh paint surrounded by new landscaping. Two new egresses were added also.
Inside , the whole interior was addressed! A new kitchen with stainless appliances, quartz countertops and bright white cabinets. Master bedroom with a brand new en-suite bathroom. The second bathroom is all new too. New flooring throughout. The basement features two bedrooms and a full bath. The laundry room has a brand new washer and dryer. The furnace and air condition system was new in 2016 and hot water heater was 2019. This house is amazing , come fall in love wit your new home!

Last Agent to Sell the Property

Jason Enrique

(410) 458-8133 jason@thewhomegroup.com Next Step Realty License #678940 Listed on: 11/11/2021

Next Step Realty

Last Buyer's Agent

Kevin Bobrow

(410) 330-5340 kevin@cornerstoneagencymd.com The Cornerstone Agency, LLC License #RSR005233

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,550

Year Built

  • Built in 1965

Lot Details

  • 0.28 Acre Lot

Home Design

  • Rambler Architecture
  • Block Foundation

Interior Spaces

  • Property has 1 Level
  • Partially Finished Basement

Bedrooms and Bathrooms

Parking

  • Driveway
  • On-Street Parking

Utilities

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

Community Details

  • No Home Owners Association
  • Timber Grove Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 04040402002490

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,550

Year Built

Built in 1965

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
  • Year Built: 1965
  • Automatically Close On Close Date: No
  • Remarks Public: Maryland's Local Brokerage Presents! Back on the market and a Huge Price Improvement!! A totally renovated rancher in Timber Grove! This house is situated on a corner lot and features plenty of brand new upgrades. The home has a new roof featuring 25 year architectural shingles. New windows, doors and deck. Fresh paint surrounded by new landscaping. Two new egresses were added also. Inside , the whole interior was addressed! A new kitchen with stainless appliances, quartz countertops and bright white cabinets. Master bedroom with a brand new en-suite bathroom. The second bathroom is all new too. New flooring throughout. The basement features two bedrooms and a full bath. The laundry room has a brand new washer and dryer. The furnace and air condition system was new in 2016 and hot water heater was 2019. This house is amazing , come fall in love wit your new home!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Block
  • Levels Count: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Total Sq Ft: 1700
  • Living Area Sq Ft: 1284
  • Price Per Sq Ft: 441.18
  • Above Grade Finished Sq Ft: 884
  • Below Grade Finished Sq Ft: 400
  • Below Grade Sq Ft: 416
  • Total Below Grade Sq Ft: 816
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 501

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 2
  • All Lower Level Bedrooms: 2
  • Lower Level Bedroom: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway, On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: 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: BALTIMORE COUNTY PUBLIC SCHOOLS
  • School District Key: 121140087473
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 138000.00
  • Land Assessed Value: 52500.00
  • Land Use Code: 010
  • Lot Size Acres: 0.28
  • Lot Dimensions: 1.00 x
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12204.00
  • Year Assessed: 2022
  • Zoning: R
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11734703
  • Tax Annual Amount: 3550.00
  • Assessor Parcel Number: 04040402002490
  • Tax Lot: 1
  • Tax Total Finished Sq Ft: 1284
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022
  • Close Date: 08/01/2022

MLS Schools

  • School District Name: BALTIMORE COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2021
Closed on
Aug 1, 2022
Sold by
Lambros Michael J
Bought by
Ogden Elijah and Ogden Zoe Elizabeth
Seller's Agent
Jason Enrique
Next Step Realty
Buyer's Agent
Kevin Bobrow
The Cornerstone Agency, LLC
List Price
$390,000
Sold Price
$380,000
Premium/Discount to List
-$10,000
-2.56%
Current Estimated Value
$390,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,624
Avg. Annual Appreciation
0.87%
Original Mortgage
$368,600
Outstanding Balance
$352,925
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$37,699

Purchase Details

Closed on
Mar 3, 2004
Sold by
Holliday Russell L
Bought by
Lambros Michael J

Purchase Details

Closed on
Jul 5, 1978
Sold by
Wissel Arthur E
Bought by
Holliday Russell L
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
Ogden Elijah $380,000 Westcor Land Title
Lambros Michael J $86,000 --
Lambros Michael J $86,000 --
Holliday Russell L $44,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ogden Elijah $368,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2022 08/01/22 Sold $380,000 -2.6% $296 / Sq Ft
06/03/2022 06/03/22 Pending -- -- --
05/14/2022 05/14/22 Price Changed $390,000 0.0% $304 / Sq Ft
05/14/2022 05/14/22 For Sale $390,000 +2.6% $304 / Sq Ft
05/04/2022 05/04/22 Off Market $380,000 -- --
03/26/2022 03/26/22 Price Changed $400,000 0.0% $312 / Sq Ft
03/26/2022 03/26/22 For Sale $400,000 -4.8% $312 / Sq Ft
02/28/2022 02/28/22 Pending -- -- --
11/11/2021 11/11/21 For Sale $420,000 -- $327 / 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 $3,066 $240,033 -- --
2024 $3,066 $190,500 $52,500 $138,000
2023 $1,356 $185,500 $0 $0
2022 $2,743 $180,500 $0 $0
2021 $1,765 $175,500 $52,500 $123,000
2020 $2,033 $167,733 $0 $0
2019 $1,939 $159,967 $0 $0
2018 $2,443 $152,200 $52,500 $99,700
2017 $2,247 $148,467 $0 $0
2016 $2,858 $144,733 $0 $0
2015 $2,858 $141,000 $0 $0
2014 $2,858 $141,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDBC2015978

Bright MLS

APN: 04-0402002490