NOT LISTED FOR SALE

506 Fairmount Ave Towson, MD 21286

Estimated Value: $747,998 - $832,000

4 Beds
2.5 Baths
4,200 Sq Ft
$189/Sq Ft Est. Value

Last Sold January 14, 2021

Last sale price $605,000 $144 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $4,894/month

6 Days on Market

Highlights

  • New Construction
  • 0.46 Acre Lot
  • No HOA
  • Hampton Elementary Rated 9+
  • Colonial Architecture
  • 4-minute walk to Cancer Survivors Park

About This Home

As of January 2021

Welcome to Towson! This Luxury NEW CONSTRUCTION by Caruso Homes features 4 bedrooms, 2.5 bathrooms, and a spacious great room with massive ceilings. Upon entering the home you’re welcomed by a grand two-story foyer with bonus rooms to your left and right. The sun drenched entryway greets you as you make your way throughout the main level. Here you will enjoy the massive gourmet kitchen with stainless steel appliances, 42'' luxury cabinetry, and large pantry. This main level also features a two story sun filled living area and half bathroom for your convenience. As you climb the grand staircase to the second level you’ll find the four generously sized bedrooms. This upper level also boast a private owner suite featuring a huge walk-in closet, stand up shower, soak in tub, and double vanity. Your lower level features an incredible amount of unfinished square footage awaiting finishing touches, as well as rough in for a full bathroom. In addition you have a 2 car garage with new asphalt driveway. To top it off its walking distance to entertainment, fine dining, and grocery. Everything you can ask for in a New Home! Schedule your Tour Today!!! Square footage is an approximation.

Last Agent to Sell the Property

Gabriel Dutton

(443) 756-4878 Gabrield@kw.com Keller Williams Gateway LLC Listed on: 11/27/2020

Keller Williams Gateway LLC

Last Buyer's Agent

Jeffrey Phillips

(410) 409-3428 jeffphillipsrealtor@gmail.com Cummings & Co. Realtors

Cummings & Co. Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,712

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 0.46 Acre Lot
  • Property is in excellent condition

Parking

  • 2 Car Direct Access Garage
  • Front Facing Garage

Home Design

  • Colonial Architecture
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 4,200 Sq Ft Home
  • Property has 3 Levels
  • Laundry on main level
  • Basement

Kitchen

  • Built-In Oven
  • Cooktop
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Towson Subdivision

Listing and Financial Details

  • Assessor Parcel Number 04090902854420

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,712

Year Built

Built in 2020 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: Yes
  • Story List: Main, Upper 1
  • Year Built: 2020
  • Special Features: 4098
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Cooktop, Oven - Wall, Refrigerator
  • Fireplace: No
  • Levels Count: 3
  • Basement: Yes
  • Laundry Type: Main Floor
  • Total Sq Ft: 4200
  • Living Area Sq Ft: 4200
  • Price Per Sq Ft: 144.05
  • Above Grade Finished Sq Ft: 4200
  • Above Grade Finished 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
  • Upper Level Bathrooms: 2.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Construction Completed: Yes
  • Roof: Architectural Shingle
  • 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
  • Garage Features: Garage - Front Entry, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • 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 Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.46
  • Lot Dimensions: 1.00 x
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 19899.00
  • Property Condition: Excellent
  • Zoning: RESIDENTIAL
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1712.00
  • Assessor Parcel Number: 04090902854420
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: BALTIMORE COUNTY PUBLIC SCHOOLS

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2020
Closed on
Jan 14, 2021
Sold by
506 Fairmont Avenue Llc
Bought by
Ghimire Gopal Krishna and Shrestha Binki Maiya
Seller's Agent
Gabriel Dutton
Keller Williams Gateway LLC
Buyer's Agent
Jeffrey Phillips
Cummings & Co. Realtors
List Price
$640,000
Sold Price
$605,000
Premium/Discount to List
-$35,000
-5.47%
Current Estimated Value
$793,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,000
Avg. Annual Appreciation
5.74%
Original Mortgage
$484,000
Outstanding Balance
$431,667
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$361,333

Purchase Details

Closed on
Apr 10, 2012
Sold by
Buschman Margaret K and Douglas Radenbaugh J
Bought by
506 Fairmount Avenue Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
3.91%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 26, 2012
Sold by
Buschman Margaret K and Buschman Douglas Radebaugh
Bought by
506 Fairmount Avenue Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
3.91%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Ghimire Gopal Krishna $605,000 C&C Title
506 Fairmount Avenue Llc -- Commercial Title Company
506 Fairmount Avenue Llc -- Mid Atlantic Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ghimire Gopal Krishna $484,000
Previous Owner 506 Fairmount Avenue Llc $185,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/14/2021 01/14/21 Sold $605,000 -5.5% $144 / Sq Ft
12/03/2020 12/03/20 Pending -- -- --
11/27/2020 11/27/20 For Sale $640,000 -- $152 / 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 $8,620 $602,700 $137,300 $465,400
2024 $8,620 $602,700 $137,300 $465,400
2023 $3,884 $602,700 $137,300 $465,400
2022 $8,274 $651,900 $123,200 $528,700
2021 $8,257 $651,900 $123,200 $528,700
2020 $1,493 $123,200 $123,200 $0
2019 $3,674 $303,100 $258,700 $44,400
2018 $4,223 $303,100 $258,700 $44,400
2017 $3,955 $303,100 $0 $0
2016 -- $303,100 $0 $0
2015 -- $303,100 $0 $0
2014 -- $303,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDBC514166

Bright MLS

APN: 09-0902854420