NOT LISTED FOR SALE

505 Summit Dr Fallston, MD 21047

Estimated Value: $515,000 - $632,000

4 Beds
3 Baths
2,380 Sq Ft
$235/Sq Ft Est. Value

Last Sold September 27, 2022

Last sale price $450,000 $189 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,268/month

13 Days on Market

Highlights

  • 0.66 Acre Lot
  • Open Floorplan
  • Wood Flooring
  • Youths Benefit Elementary School Rated A-
  • Rambler Architecture
  • No HOA

About This Home

As of September 2022

All brick Rancher with 2 car bright and airy garage! Beautiful hardwood floors in living and dining room with updated kitchen which offers recessed lighting, light oak cabinetry, granite counters, bid serving island and built in wine rack. Living room with brick wall and wood burning fireplace leads to the sunroom with exposed brick wall, skylights, track lighting and vaulted ceiling. Owners bedroom with custom closet, full bath with huge shower with built in seat and sliding shower doors. Lower level with full bath, game /family room, Laundry room and access to back yard.

Last Agent to Sell the Property

Veronica Sniscak

(443) 527-1020 veronica@vsellsmd.com Compass Listed on: 07/20/2022

Compass

Last Buyer's Agent

Patricia Leaf

(410) 259-2925 patty.leaf@penfedrealty.com Berkshire Hathaway HomeServices PenFed Realty License #611468

Berkshire Hathaway HomeServices PenFed Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,731

Year Built

  • Built in 1965

Lot Details

  • 0.66 Acre Lot
  • Split Rail Fence
  • Property is zoned RR

Parking

  • 2 Car Direct Access Garage
  • 6 Driveway Spaces
  • Front Facing Garage

Home Design

  • Rambler Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Wood Burning Fireplace
  • Window Treatments
  • Bay Window
  • Window Screens
  • Dining Area
  • Wood Flooring

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • En-Suite Bathroom

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Rear Basement Entry
  • Laundry in Basement
  • Basement Windows

Utilities

  • Central Air
  • Heating System Uses Oil
  • Electric Baseboard Heater
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Joppa Hills Subdivision

Listing and Financial Details

  • Tax Lot 28
  • Assessor Parcel Number 1303165825

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,731

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main
  • Federal Flood Zone: No
  • Year Built: 1965
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Icemaker, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Flooring Type: Hardwood
  • Interior Amenities: Ceiling Fan(s), Dining Area, Floor Plan - Open, Kitchen - Island, Primary Bath(s), Recessed Lighting, Upgraded Countertops, Window Treatments, Wood Floors
  • Window Features: Bay/Bow, Screens
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Block
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Fully Finished, Outside Entrance, Rear Entrance, Walkout Level, Windows
  • Laundry Type: Basement
  • Total Sq Ft: 3720
  • Living Area Sq Ft: 2380
  • Price Per Sq Ft: 241.94
  • Above Grade Finished Sq Ft: 1860
  • Below Grade Finished Sq Ft: 520
  • Below Grade Sq Ft: 1340
  • Total Below Grade Sq Ft: 1860
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 3
  • All Lower Level Bedrooms: 1
  • 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

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway, Paved Driveway
  • Garage Features: Garage - Front Entry, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 6

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Oil
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

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

  • Fencing: Split Rail
  • Improvement Assessed Value: 231300.00
  • Land Assessed Value: 106900.00
  • Lot Size Acres: 0.66
  • Lot Dimensions: 129.00 x
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 28928.00
  • Zoning: RR
  • In City Limits: No

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5492383
  • Tax Annual Amount: 3731.00
  • Assessor Parcel Number: 1303165825
  • Tax Lot: 28
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: HARFORD COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2022
Closed on
Sep 29, 2022
Sold by
Dececco Frank A
Bought by
Romero Daniel and Romero Margarita
Seller's Agent
Veronica Sniscak
Compass
Buyer's Agent
Patricia Leaf
Berkshire Hathaway HomeServices PenFed Realty
List Price
$450,000
Sold Price
$450,000
Current Estimated Value
$559,265

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,265
Avg. Annual Appreciation
6.85%
Original Mortgage
$450,000
Outstanding Balance
$431,860
Interest Rate
5.66%
Mortgage Type
VA
Estimated Equity
$127,405

Purchase Details

Listed on
Mar 12, 2014
Closed on
Jun 23, 2014
Sold by
Mohandessi Hossein A
Bought by
Dececco Frank A
Seller's Agent
Di Mahaffey
American Premier Realty, LLC
Buyer's Agent
Tom Hammen
Coldwell Banker Realty
List Price
$349,000
Sold Price
$308,000
Premium/Discount to List
-$41,000
-11.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.69%
Original Mortgage
$314,622
Interest Rate
4.16%
Mortgage Type
VA

Purchase Details

Closed on
Apr 24, 2007
Sold by
Barrett Jennifer L
Bought by
Mohandessi Hossein A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,250
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 14, 2006
Sold by
Barrett Jennifer L
Bought by
Mohandessi Hossein A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,250
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 13, 2002
Sold by
Fike Jennifer L
Bought by
Barrett Jennifer L and Barrett Ernest E

Purchase Details

Closed on
Aug 8, 2000
Sold by
Heaps Lawrence H
Bought by
Fike Jennifer L and Barrett Ernest E

Purchase Details

Closed on
Aug 31, 1995
Sold by
Varelli Paul Joseph and Varelli Wf
Bought by
Heaps Lawrence H and Heaps Barbara C
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
Romero Daniel $450,000 Broadview Title
Dececco Frank A $308,000 Title Resources Guaranty Co
Mohandessi Hossein A $317,000 --
Mohandessi Hossein A $317,000 --
Barrett Jennifer L -- --
Fike Jennifer L $215,000 --
Heaps Lawrence H $197,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Romero Daniel $450,000
Previous Owner Dececco Frank A $314,622
Previous Owner Mohandessi Hossein A $266,250
Previous Owner Mohandessi Hossein A $266,250
Closed Heaps Lawrence H --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/27/2022 09/27/22 Sold $450,000 0.0% $189 / Sq Ft
08/02/2022 08/02/22 Pending -- -- --
07/20/2022 07/20/22 For Sale $450,000 0.0% $189 / Sq Ft
06/15/2021 06/15/21 Rented $2,225 0.0% --
06/04/2021 06/04/21 Under Contract -- -- --
05/26/2021 05/26/21 For Rent $2,225 +6.0% --
04/25/2019 04/25/19 Rented $2,100 0.0% --
04/17/2019 04/17/19 Under Contract -- -- --
04/12/2019 04/12/19 For Rent $2,100 0.0% --
06/23/2014 06/23/14 Sold $308,000 0.0% $166 / Sq Ft View Prior Sale
05/05/2014 05/05/14 Price Changed $308,000 +3.0% $166 / Sq Ft
04/30/2014 04/30/14 Pending -- -- --
04/27/2014 04/27/14 Price Changed $299,000 -9.1% $161 / Sq Ft
03/27/2014 03/27/14 Price Changed $329,000 -5.7% $177 / Sq Ft
03/12/2014 03/12/14 For Sale $349,000 -- $188 / 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 $4,150 $393,800 $106,900 $286,900
2024 $4,150 $375,267 $0 $0
2023 $3,948 $356,733 $0 $0
2022 $3,746 $338,200 $106,900 $231,300
2021 $3,746 $327,267 $0 $0
2020 $3,710 $316,333 $0 $0
2019 $3,584 $305,400 $132,500 $172,900
2018 $3,443 $298,333 $0 $0
2017 $3,310 $305,400 $0 $0
2016 -- $284,200 $0 $0
2015 $3,406 $284,200 $0 $0
2014 $3,406 $284,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDHR2014598

Bright MLS

APN: 03-165825