NOT LISTED FOR SALE

515 Spencer Terrace Essex, MD 21221

Estimated Value: $426,000 - $540,000

3 Beds
3.5 Baths
2,552 Sq Ft
$187/Sq Ft Est. Value

Last Sold June 24, 2022

Last sale price $400,000 $157 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,601/month

2 Days on Market

Highlights

  • Open Floorplan
  • Deck
  • Great Room
  • Colonial Architecture
  • Attic
  • No HOA

About This Home

As of June 2022

WOW! Beautiful single family home located in Silver Spring Terrace Just Listed! Over 2500 sq ft of living space! Enjoy cooking and making memories in this bright and modern kitchen containing natural quartz counters, 6 person breakfast bar, 42" cabinets, tile backsplash, double oven, pantry and more! Just steps from the kitchen you enter the 16x27 ft family room, ideal for entertaining. The main level also includes a living room equipped with a gas fireplace and lots of natural light. Watch all the big games in the lower level recreation room with custom dry bar and full tile bath. This gorgeous home also offers 3 generous sized bedrooms, primary bathroom, luxury vinyl plank flooring throughout the main and lower levels, recess lighting, utility room, newer interior doors, fixtures, hardware, deck, vinyl fencing and so much more. No HOA! Schedule your showing so you don't miss this one! A true turnkey home!

Last Agent to Sell the Property

Paul Molino

EXP Realty, LLC Listed on: 05/21/2022

EXP Realty, LLC

Last Buyer's Agent

Zach Hayes

Cummings & Co. Realtors License #RSR006304

Cummings & Co. Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,008

Year Built

  • Built in 2007

Lot Details

  • 9,539 Sq Ft Lot
  • Property is Fully Fenced
  • Vinyl Fence
  • Property is in excellent condition

Parking

  • 1 Car Direct Access Garage
  • 3 Driveway Spaces
  • Front Facing Garage

Home Design

  • Colonial Architecture
  • Architectural Shingle Roof
  • Stone Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Wet Bar
  • Bar
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Double Pane Windows
  • Window Screens
  • Sliding Doors
  • Great Room
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Storm Doors
  • Attic

Kitchen

  • Eat-In Kitchen
  • Stove
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Finished Basement

  • Interior Basement Entry
  • Sump Pump
  • Laundry in Basement
  • Basement Windows

Outdoor Features

  • Deck
  • Exterior Lighting
  • Play Equipment
  • Porch

Utilities

  • Multiple cooling system units
  • Forced Air Heating and Cooling System
  • Programmable Thermostat
  • 200+ Amp Service
  • Natural Gas Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 04152400006225

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,008

Year Built

Built in 2007

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2022-05-21
  • Federal Flood Zone: No
  • Year Built: 2007
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Icemaker, Refrigerator, Stove, Washer
  • Flooring Type: Carpet, Ceramic Tile, Luxury Vinyl Tile
  • Interior Amenities: Attic, Bar, Carpet, Ceiling Fan(s), Dining Area, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Island, Kitchen - Eat-In, Pantry, Primary Bath(s), Recessed Lighting, Tub Shower, Upgraded Countertops, Wet/Dry Bar
  • Window Features: Double Pane, Screens
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Sliding Glass, Storm
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Kitchen, Family Room, Great Room
  • Basement: Yes
  • Basement Type: Fully Finished, Interior Access, Sump Pump, Windows
  • Laundry Type: Basement
  • Total Sq Ft: 2552
  • Living Area Sq Ft: 2552
  • Price Per Sq Ft: 207.90
  • Above Grade Finished Sq Ft: 1924
  • Below Grade Finished Sq Ft: 628
  • Total Below Grade Sq Ft: 628
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 515

Beds/Baths

  • Bedrooms: 3
  • 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
  • Exterior Features: Exterior Lighting, Play Equipment, Sidewalks
  • Roof: Architectural Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage - Front Entry, Inside Access
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 3

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C, Multi Units, Programmable Thermostat
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air, Programmable Thermostat
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

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

Schools

  • School District: BALTIMORE COUNTY PUBLIC SCHOOLS
  • School District Key: 121140087473
  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Fencing: Fully, Vinyl
  • Land Use Code: R
  • Lot Size Acres: 0.22
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9539.00
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Property Condition: Excellent
  • Year Assessed: 2022
  • Zoning: RES
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 4008.00
  • Assessor Parcel Number: 04152400006225
  • Tax Lot: 10
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 06/24/2022

MLS Schools

  • School District Name: BALTIMORE COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2022
Closed on
Jul 11, 2022
Sold by
Richard Swinder Jr
Bought by
Good Michael Edward and Good Abigail Virginia
Seller's Agent
Paul Molino
EXP Realty, LLC
Buyer's Agent
Zach Hayes
Cummings & Co. Realtors
List Price
$400,000
Sold Price
$400,000
Current Estimated Value
$476,437

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,437
Avg. Annual Appreciation
4.98%
Original Mortgage
$388,000
Outstanding Balance
$369,933
Interest Rate
5%
Mortgage Type
VA
Estimated Equity
$96,451

Purchase Details

Listed on
Feb 28, 2017
Closed on
Apr 28, 2017
Sold by
Fannie Mae
Bought by
Swinder Richard A and Swinder April
Seller's Agent
Mike Farabaugh
EXP Realty, LLC
Buyer's Agent
Paul Molino
EXP Realty, LLC
List Price
$296,900
Sold Price
$290,000
Premium/Discount to List
-$6,900
-2.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.43%
Original Mortgage
$275,500
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2016
Sold by
Shanahan Sharon L and Shanahan John E
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 5, 2007
Sold by
Carpentry Unlimited Homes Llc
Bought by
Shanahan Sharon L and Shanahan John E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 20, 2007
Sold by
Carpentry Unlimited Homes Llc
Bought by
Shanahan Sharon L and Shanahan John E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 19, 2007
Sold by
J R Crouse Holdings Llc
Bought by
Carpentry Unlimited Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 28, 2007
Sold by
J R Crouse Holdings Llc
Bought by
Carpentry Unlimited Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
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
Good Michael Edward $400,000 Wfg National Title
Swinder Richard A $290,000 Gemini Title & Escrow Llc
Federal National Mortgage Association $300,092 Attorney
Shanahan Sharon L $335,000 --
Shanahan Sharon L $335,000 --
Carpentry Unlimited Homes Llc $125,000 --
Carpentry Unlimited Homes Llc $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Good Michael Edward $388,000
Previous Owner Swinder Richard A $275,500
Previous Owner Shanahan Sharon L $319,593
Previous Owner Shanahan Sharon L $335,000
Previous Owner Shanahan Sharon L $335,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2022 06/24/22 Sold $400,000 0.0% $157 / Sq Ft
05/24/2022 05/24/22 Pending -- -- --
05/24/2022 05/24/22 Off Market $400,000 -- --
05/21/2022 05/21/22 For Sale $400,000 +37.9% $157 / Sq Ft
04/28/2017 04/28/17 Sold $290,000 -2.3% $192 / Sq Ft
03/08/2017 03/08/17 Pending -- -- --
02/28/2017 02/28/17 For Sale $296,900 -- $197 / 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 $60 $370,567 -- --
2024 $60 $329,933 $0 $0
2023 $2,098 $289,300 $102,600 $186,700
2022 $4,119 $279,067 $0 $0
2021 $4,045 $268,833 $0 $0
2020 $3,134 $258,600 $102,600 $156,000
2019 $3,112 $256,767 $0 $0
2018 $3,478 $254,933 $0 $0
2017 $4,113 $253,100 $0 $0
2016 $3,407 $253,100 $0 $0
2015 $3,407 $253,100 $0 $0
2014 $3,407 $280,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDBC2037244

Bright MLS

APN: 15-2400006225