NOT LISTED FOR SALE

506 Summit Dr Fallston, MD 21047

Estimated Value: $461,000 - $553,000

3 Beds
3 Baths
1,983 Sq Ft
$254/Sq Ft Est. Value

Last Sold July 14, 2023

Last sale price $425,000 $214 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,899/month

4 Days on Market

Highlights

  • 0.64 Acre Lot
  • Traditional Floor Plan
  • Solid Hardwood Flooring
  • Youths Benefit Elementary School Rated A-
  • Rambler Architecture
  • Backs to Trees or Woods

About This Home

As of July 2023

RARE GEM! Fantastic Fallston Rancher offering 3 bedrooms and 3 fully updated bathrooms, stunning outdoor hardscape and patio on a level lot! This rancher backing to trees, provides for one level living with stone fireplace, living room with large picture window, and hardwood floors throughout the entire main floor. The primary bedroom has a beautiful updated primary bath attached! The lower level is a huge space, newly carpeted with pellet stove and a beautiful full bath just installed! Lower Level also offers a laundry and large storage room! Carport and driveway with at least 4 car parking spaces in this lovely neighborhood close to Fallston and Bel Air for your conveniences and easy commute! Kitchen refrigerator and dishwasher along with washer and dryer are newer ! Kitchen cabinets need updating and was homeowner's very next project! Come bring your ideas to the kitchen and make it your own, all 3 bathrooms are already updated! Harford County approved plan for all neighborhood septic systems to be converted to county sewer, not finalized yet, see notes for cost of upgrade. Recent septic inspection done as well!

Last Agent to Sell the Property

Tracey Walker

(410) 652-6311 tracey.walker@kw.com American Premier Realty, LLC Listed on: 06/02/2023

American Premier Realty, LLC

Last Buyer's Agent

Don Ritchie

(410) 215-1123 dritchie@theritchie-group.com Berkshire Hathaway HomeServices Homesale Realty License #620168

Berkshire Hathaway HomeServices Homesale Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,863

Year Built

  • Built in 1963

Lot Details

  • 0.64 Acre Lot
  • Extensive Hardscape
  • Level Lot
  • Open Lot
  • Backs to Trees or Woods
  • Front and Side Yard
  • Property is in very good condition
  • Property is zoned RR

Home Design

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

Interior Spaces

  • Property has 2 Levels
  • Traditional Floor Plan
  • Ceiling Fan
  • Recessed Lighting
  • 2 Fireplaces
  • Brick Fireplace
  • Double Pane Windows
  • Family Room
  • Living Room
  • Formal Dining Room
  • Utility Room

Kitchen

  • Stove
  • Microwave
  • Extra Refrigerator or Freezer
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Solid Hardwood
  • Carpet

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Sump Pump
  • Laundry in Basement
  • Basement with some natural light

Home Security

  • Storm Doors
  • Flood Lights

Parking

  • 4 Parking Spaces
  • 3 Driveway Spaces
  • 1 Attached Carport Space

Outdoor Features

  • Patio
  • Exterior Lighting
  • Shed

Schools

  • Youths Benefit Elementary School
  • Fallston Middle School
  • Fallston High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Pellet Stove burns compressed wood to generate heat
  • Vented Exhaust Fan
  • Well
  • Electric Water Heater
  • Water Conditioner is Owned
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Joppa Hills Subdivision

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 1303084558

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,863

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Shed
  • New Construction: No
  • Story List: Lower 1, Main
  • Expected On Market: 2023-06-03
  • Federal Flood Zone: No
  • Year Built: 1963
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Dryer, Washer, Stove, Microwave, Refrigerator, Stainless Steel Appliances, Extra Refrigerator/Freezer, Exhaust Fan, Icemaker, Water Conditioner - Owned, Water Heater
  • Flooring Type: Carpet, Hardwood, Solid Hardwood
  • Interior Amenities: Entry Level Bedroom, Primary Bath(s), Wood Floors, Floor Plan - Traditional, Carpet, Ceiling Fan(s), Formal/Separate Dining Room, Stall Shower, Stove - Pellet, Tub Shower, Recessed Lighting
  • Window Features: Double Pane
  • Fireplace Features: Brick
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Door Features: Storm
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Block
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Utility Room, Bathroom 2, Bathroom 3, Primary Bathroom
  • Basement: Yes
  • Basement Type: Full, Interior Access, Partially Finished, Sump Pump, Daylight, Partial, Improved
  • Basement Finished Percent: 60.00
  • Laundry Type: Basement
  • Total Sq Ft: 2646
  • Living Area Sq Ft: 1983
  • Price Per Sq Ft: 321.24
  • Above Grade Finished Sq Ft: 1323
  • Below Grade Finished Sq Ft: 660
  • Below Grade Sq Ft: 663
  • Total Below Grade Sq Ft: 1323
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • 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
  • Other Structures List: Shed
  • Construction Materials: Brick
  • Exterior Features: Extensive Hardscape, Exterior Lighting, Flood Lights, Secure Storage
  • Road Surface Type: Paved
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Asphalt Driveway
  • Attached Carport Spaces: 1
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway, Attached Carport
  • Number of Spaces in Driveway: 3

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Utilities: Cable Tv Available
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: YOUTHS BENEFIT
  • High School: FALLSTON
  • Middle Or Junior School: FALLSTON

Lot Info

  • Lot Features: Backs To Trees, Front Yard, Level, Open, Sideyard(s)
  • Lot Size Acres: 0.64
  • Lot Dimensions: 181.00 x
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 27966.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Very Good
  • Zoning: RR
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Ground Rent Pymnt Freq: Annually
  • Lease Considered: No
  • Pets Allowed: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2863.00
  • Assessor Parcel Number: 1303084558
  • Tax Lot: 18
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: HARFORD COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2023
Closed on
Jul 14, 2023
Sold by
Fleming Donald David
Bought by
Lee Justin A and Junis Meghan L
Seller's Agent
Tracey Walker
American Premier Realty, LLC
Buyer's Agent
Don Ritchie
Berkshire Hathaway HomeServices Homesale Realty
List Price
$425,000
Sold Price
$425,000
Views
96
Current Estimated Value
$504,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,167
Avg. Annual Appreciation
7.13%
Original Mortgage
$425,000
Outstanding Balance
$414,862
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$89,305

Purchase Details

Closed on
Jun 2, 2011
Sold by
Nealley Glenn C
Bought by
Fleming Donald David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,500
Interest Rate
4.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 2011
Sold by
Nealley Glenn C and Nealley Kimberly A
Bought by
Fleming Donald David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,500
Interest Rate
4.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 21, 2003
Sold by
Nealley Glenn Carroll
Bought by
Nealley Glenn C and Nealley Kimberly A

Purchase Details

Closed on
Aug 21, 1998
Sold by
Nealley Glenn C
Bought by
Nealley Glenn Carroll

Purchase Details

Closed on
Sep 16, 1993
Sold by
Carroll J W
Bought by
Nealley Glenn C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,063
Interest Rate
7.16%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lee Justin A $425,000 None Listed On Document
Lee Justin A $425,000 None Listed On Document
Fleming Donald David $298,500 --
Fleming Donald David $298,500 --
Fleming Donald David $298,500 None Available
Fleming Donald David $298,500 --
Fleming Donald David $298,500 --
Nealley Glenn C -- --
Nealley Glenn Carroll -- --
Nealley Glenn C $136,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Justin A $425,000
Closed Lee Justin A $425,000
Previous Owner Fleming Donald David $208,500
Previous Owner Fleming Donald David $208,500
Previous Owner Nealley Glenn C $136,063
Closed Nealley Glenn C --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/14/2023 07/14/23 Sold $425,000 0.0% $214 / Sq Ft
06/06/2023 06/06/23 Pending -- -- --
06/02/2023 06/02/23 For Sale $425,000 -- $214 / 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 $3,193 $299,900 $106,700 $193,200
2024 $3,193 $287,500 $0 $0
2023 $2,998 $275,100 $0 $0
2022 $2,923 $262,700 $106,700 $156,000
2021 $3,053 $261,033 $0 $0
2020 $3,053 $259,367 $0 $0
2019 $3,034 $257,700 $132,400 $125,300
2018 $2,981 $255,400 $0 $0
2017 $2,954 $257,700 $0 $0
2016 -- $250,800 $0 $0
2015 $2,954 $250,800 $0 $0
2014 $2,954 $250,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDHR2021468

Bright MLS

APN: 03-084558