NOT LISTED FOR SALE

507 Spencer Terrace Essex, MD 21221

Estimated Value: $397,000 - $492,000

4 Beds
3.5 Baths
2,108 Sq Ft
$209/Sq Ft Est. Value

Last Sold March 10, 2020

Last sale price $314,999 $149 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,911/month

81 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • No HOA
  • Traditional Floor Plan
  • 1 Fireplace
  • Recessed Lighting

About This Home

As of March 2020

Adorable four Bedroom, 3-1/2Bath Colonial! Main level offers hardwood floors Stainless Steel Appliances, intercom system. Sliders off dining area lead to a spacious trex deck area all play equipment stays great space for those Summer Cookouts! Upper level offers Master Suite with Master Bath, 2 additional bedrooms and full bath. Large Family/Rec Room in lower level with a fourth bedroom and full bath. Lower Level has potential for in-law suite. Come make this GEM your new Home!!!

Last Agent to Sell the Property

Lou Chirgott

Core Maryland Real Estate LLC Listed on: 10/29/2019

Last Buyer's Agent

Tekee Wilkes

ExecuHome Realty License #679332

ExecuHome Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,357

Year Built

  • Built in 2009

Lot Details

  • 5,662 Sq Ft Lot

Parking

  • Driveway

Home Design

  • Colonial Architecture
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Ceiling Fan
  • Recessed Lighting
  • 1 Fireplace
  • Family Room
  • Combination Kitchen and Dining Room
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Stove
  • Built-In Microwave

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • En-Suite Bathroom

Laundry

  • Dryer
  • Washer

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 04152400006229

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,357

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Home Warranty: No
  • Inclusions: Shed AS-IS in backyard
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2019-10-29
  • Year Built: 2009
  • Remarks Public: Adorable four Bedroom, 3-1/2Bath Colonial! Main level offers hardwood floors Stainless Steel Appliances, intercom system. Sliders off dining area lead to a spacious trex deck area all play equipment stays great space for those Summer Cookouts! Upper level offers Master Suite with Master Bath, 2 additional bedrooms and full bath. Large Family/Rec Room in lower level with a fourth bedroom and full bath. Lower Level has potential for in-law suite. Come make this GEM your new Home!!!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Refrigerator, Stove, Washer, Dryer, Exhaust Fan, Water Heater
  • Interior Amenities: Combination Kitchen/Dining, Floor Plan - Traditional, Primary Bath(s), Recessed Lighting, Wood Floors, Ceiling Fan(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3+
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1
  • Basement: Yes
  • Basement Type: Full, Fully Finished
  • Total Sq Ft: 2236
  • Living Area Sq Ft: 2108
  • Price Per Sq Ft: 208.89
  • Above Grade Finished Sq Ft: 1508
  • Below Grade Finished Sq Ft: 600
  • Below Grade Sq Ft: 128
  • Total Below Grade Sq Ft: 728
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 507

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stone, Vinyl Siding
  • 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

Utilities

  • 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
  • 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: 173900.00
  • Land Assessed Value: 100600.00
  • Land Use Code: 010
  • Lot Size Acres: 0.13
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5662.00
  • Year Assessed: 2019
  • Zoning: R
  • In City Limits: No

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11932156
  • Tax Annual Amount: 4357.00
  • Assessor Parcel Number: 04152400006229
  • Tax Lot: 14
  • Tax Total Finished Sq Ft: 2108
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 03/10/2020

MLS Schools

  • School District Name: BALTIMORE COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2019
Closed on
Mar 10, 2020
Sold by
Ngugi Nicholas and Ngugi Harriet E
Bought by
Tucker Dawn
Seller's Agent
Lou Chirgott
Core Maryland Real Estate LLC
Buyer's Agent
Tekee Wilkes
ExecuHome Realty
List Price
$314,999
Sold Price
$314,999
Current Estimated Value
$441,177

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,178
Avg. Annual Appreciation
6.31%
Original Mortgage
$309,293
Outstanding Balance
$274,590
Interest Rate
3.4%
Mortgage Type
FHA
Estimated Equity
$164,736

Purchase Details

Listed on
May 25, 2016
Closed on
Jul 15, 2016
Sold by
Ring Sara and Ring Joshua
Bought by
Ngugi Nicholas K and Rubambe Harriet B E
Seller's Agent
Stephanie Bamberger
Real Broker, LLC
Buyer's Agent
DAVID KENGERE
Rock Blue Homes
List Price
$288,500
Sold Price
$288,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.44%
Original Mortgage
$283,274
Interest Rate
3.54%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 16, 2009
Sold by
Carpentry Unlimited Homes Llc
Bought by
Morgan Sara and Ring Joshua

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,467
Interest Rate
4.92%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 26, 2009
Sold by
J R Crouse Holdings Llc
Bought by
Carpentry Unlimited Homes Llc
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
Tucker Dawn $314,999 Real Estate Settlements & Es
Ngugi Nicholas K $288,500 First American Title Ins Co
Morgan Sara $299,900 --
Carpentry Unlimited Homes Llc $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tucker Dawn $19,321
Open Tucker Dawn $309,293
Previous Owner Ngugi Nicholas K $283,274
Previous Owner Morgan Sara $294,467
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2020 03/10/20 Sold $314,999 0.0% $149 / Sq Ft
01/19/2020 01/19/20 Pending -- -- --
10/29/2019 10/29/19 For Sale $314,999 +9.2% $149 / Sq Ft
07/15/2016 07/15/16 Sold $288,500 0.0% $191 / Sq Ft
06/03/2016 06/03/16 Pending -- -- --
05/25/2016 05/25/16 For Sale $288,500 -- $191 / 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 $6,097 $336,667 -- --
2024 $6,097 $322,133 $0 $0
2023 $2,609 $307,600 $100,600 $207,000
2022 $4,956 $296,567 $0 $0
2021 $4,255 $285,533 $0 $0
2020 $4,623 $274,500 $100,600 $173,900
2019 $3,245 $267,733 $0 $0
2018 $4,329 $260,967 $0 $0
2017 $3,678 $254,200 $0 $0
2016 $4,061 $254,200 $0 $0
2015 $4,061 $254,200 $0 $0
2014 $4,061 $281,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDBC476190

Bright MLS

APN: 15-2400006229