NOT LISTED FOR SALE

5040 Summer Solstice Place Ellicott City, MD 21043

Estimated Value: $863,207 - $1,023,000

4 Beds
2.5 Baths
3,100 Sq Ft
$300/Sq Ft Est. Value

Last Sold June 23, 2014

Last sale price $630,000 $203 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $5,699/month

11 Days on Market

Highlights

  • Transitional Architecture
  • Wood Flooring
  • Upgraded Countertops
  • Ilchester Elementary School Rated A
  • Loft
  • Breakfast Room

About This Home

As of June 2014

Beautiful Home less than 2 yrs * 9' ceilings * Ho.Co. prop tax credit for Green-high-performance/Silver LEED Rating * FR w/Gas Fireplace & surround sound * Hdwd Flrs * Stainless Steel Appl, Granite Countrs, Cherry Cabs * Recess Lights * Laundry Rm on Bdrm Lvl * Mast Bdrm w/ Sitting Rm * Soak'g Tub & sep Shower in MBath * Trex Deck w/outside Speakers * Walkout Basemnt w/lrg Rec Rm * Move right In!

Last Agent to Sell the Property

Joan Ward

(410) 715-2777 joan.ward@longandfoster.com Long & Foster Real Estate, Inc. Listed on: 05/02/2014

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Manjunath Kattaya

(240) 643-5525 mkattaya@gmail.com Signature Home Realty LLC License #633228

Signature Home Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,140

Year Built

  • 2012

Lot Details

  • 8,856 Sq Ft Lot
  • Property is zoned R20

HOA Fees

  • $38 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Transitional Architecture
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Chair Railings
  • Crown Molding
  • Ceiling Fan
  • Fireplace Mantel
  • Window Treatments
  • Family Room Off Kitchen
  • Living Room
  • Breakfast Room
  • Dining Room
  • Library
  • Loft
  • Wood Flooring
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom
  • 2.5 Bathrooms

Improved Basement

  • Walk-Out Basement
  • Exterior Basement Entry

Home Security

  • Home Security System
  • Carbon Monoxide Detectors

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Water Heater

Community Details

  • $50 Other Monthly Fees

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 1401593183

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,140

Year Built

2012

Lot Details

0

HOA Fees

$38 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Transitional
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2012

Interior Features

  • Appliances: Dishwasher, Disposal, Exhaust Fan, Icemaker, Microwave, Refrigerator, Oven/Range - Gas
  • Interior Amenities: Family Room Off Kitchen, Kitchen - Island, Kitchen - Table Space, Dining Area, Kitchen - Eat-In, Chair Railings, Crown Moldings, Window Treatments, Upgraded Countertops, Master Bath(s), Wood Floors
  • Fireplace Features: Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Foyer
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Library, Breakfast Room, Laundry, Loft
  • Basement: Yes
  • Basement Type: Outside Entrance, Improved, Walkout Level
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Construction Materials: Stone, Combination, Vinyl Siding
  • Pool: No Pool

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 225.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Carbon Monoxide Detector(s), Security System
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 461.00
  • HOA Fee Frequency: Annually
  • HOA: Yes

Fee Information

  • Other Fees: 600.00
  • Other Fees Frequency: Annually

Lot Info

  • Improvement Assessed Value: 342200.00
  • Land Assessed Value: 230500.00
  • Lot Size Acres: 0.20
  • Lot Size Area: 8856
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8856.00
  • Zoning: R20

Tax Info

  • Assessor Parcel Number: 15465955
  • Tax Annual Amount: 8139.71
  • Assessor Parcel Number: 1401593183
  • Tax Lot: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2014
Closed on
Jun 24, 2014
Sold by
Cheatham Adam G and Cheatham Mary E
Bought by
Nagalkar Rupa
Seller's Agent
Joan Ward
Long & Foster Real Estate, Inc.
Buyer's Agent
Manjunath Kattaya
Signature Home Realty LLC
List Price
$639,900
Sold Price
$630,000
Premium/Discount to List
-$9,900
-1.55%
Current Estimated Value
$921,236

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$291,236
Avg. Annual Appreciation
3.44%
Original Mortgage
$504,000
Outstanding Balance
$371,033
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$558,269

Purchase Details

Closed on
Aug 2, 2012
Sold by
Nvr Inc
Bought by
Cheatham Adam G and Cheatham Mary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$571,515
Interest Rate
3.67%
Mortgage Type
VA

Purchase Details

Closed on
Apr 13, 2012
Sold by
Welsh Property Llc
Bought by
Nvr Inc
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
Nagalkar Rupa $630,000 Chicago Title Insurance Co
Cheatham Adam G $592,705 Stewart Title Guaranty Co
Nvr Inc $232,800 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nagalkar Rupa $504,000
Previous Owner Cheatham Adam G $571,515
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/23/2014 06/23/14 Sold $630,000 -1.5% $203 / Sq Ft
05/28/2014 05/28/14 For Sale $639,900 0.0% $206 / Sq Ft
05/13/2014 05/13/14 Pending -- -- --
05/02/2014 05/02/14 For Sale $639,900 -- $206 / 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 $9,794 $715,733 $0 $0
2024 $9,794 $664,367 $0 $0
2023 $9,218 $613,000 $182,300 $430,700
2022 $9,178 $613,000 $182,300 $430,700
2021 $9,447 $613,000 $182,300 $430,700
2020 $9,447 $631,700 $210,500 $421,200
2019 $9,318 $622,700 $0 $0
2018 $8,751 $613,700 $0 $0
2017 $7,841 $604,700 $0 $0
2016 -- $594,033 $0 $0
2015 -- $583,367 $0 $0
2014 -- $572,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2014

    Joan Ward

    Long & Foster

    Section Image

  • M

    Buyer's Agent in 2014

    Manjunath Kattaya

    Signature Home Realty LLC

    (240) 643-5525

    20 Total Sales

    Manjunath Kattaya
    Section Image
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Map

Source: Bright MLS

MLS Number: 1002972278

Bright MLS

APN: 01-593183

Maryland Howard County Ellicott City 21043

5040 Summer Solstice Place, Ellicott City, MD

Not Listed for Sale

Detached

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