NOT LISTED FOR SALE

5243 Ferry Branch Ln Lothian, MD 20711

Estimated Value: $931,000 - $1,152,910

5 Beds
6 Baths
5,711 Sq Ft
$179/Sq Ft Est. Value

Last Sold December 28, 2022

Last sale price $775,000 $136 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $5,867/month

66 Days on Market

Highlights

  • View of Trees or Woods
  • Deck
  • 2 Fireplaces
  • Colonial Architecture
  • Backs to Trees or Woods
  • No HOA

About This Home

As of December 2022

This spectacular home will bring joy to you and your family for a lifetime! Imagine celebrating Thanksgiving and Christmas in the spacious 3 level picturesque colonial. With a little TLC, you will have the home of your dreams in no time. The sellers have contracted a deal with Curbio to do some upgrades to the property so you will not have to worry about getting it done yourself. There are 2 price options. $799K and $854K. (See disclosures detailed work to be completed.) Submit a contract now to have the opportunity to personalize the work that will be done. You will fall in love with this breathtaking 3 level Colonel in the heart of Lothian. Nestled on over 2 acres that backs to trees, this home encapsulates the best of both worlds…privacy and convenience. This grand estate features a side load finished 2-car garage and plenty of parking.

The main level features a grand two-story foyer with gorgeous hardwood floors, lovely office/study with French doors and hardwood floor, bright and spacious formal living room with floor to ceiling windows, large dining room with custom paint, crown molding and chair rail.

The heart of the home is the kitchen. This grand kitchen features and oversized granite island and granite countertops, stainless steel appliances include a Viking stove and exhaust fan, high grad cabinets. Adjacent is a spacious morning/breakfast room/breakfast with access to the large wrap around deck. Relax in your spacious sun-soaked family room with tons of windows and wood burning fireplace and hardwood floors. Retire to the expansive Owner’s Suite, with cathedral ceiling, large walk-in closet, en-suite primary bathroom with dual sinks, large soaking tub and shower. The mostly finished basement is ready to be completed with your finishing touches. Once completed you will enjoy a gym, living/game area, Theater room (mostly completed) spacious bedroom (mostly completed and ensuite full bathroom (mostly completed), and bar (mostly completed). Enjoy endless summers on the spacious deck that leads to a large level backyard with endless opportunities for entertaining and or new pool. Retire to the expansive Owner’s Suite, with cathedral ceiling, large walk-in closet, en-suite primary bathroom with dual sinks, large soaking tub, and shower. Conveniently located you’re only 9 miles to the Prince Georges Equestrian Center, 15 miles to Chesapeake Beach with an easy commute to DC.

Last Agent to Sell the Property

Monica Bryant

(202) 968-3176 monica.bryant@c21nm.com CENTURY 21 New Millennium License #655907 Listed on: 09/16/2022

CENTURY 21 New Millennium

Last Buyer's Agent

Teresa Love

(410) 703-5703 teresa.love@c21nm.com CENTURY 21 New Millennium License #681141

CENTURY 21 New Millennium

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,075

Year Built

  • Built in 2002

Lot Details

  • 2.02 Acre Lot
  • Picket Fence
  • Privacy Fence
  • Stone Retaining Walls
  • Backs to Trees or Woods

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • 2 Fireplaces
  • French Doors
  • Views of Woods

Kitchen

  • Gas Oven or Range
  • Six Burner Stove
  • Range Hood
  • Stainless Steel Appliances

Bedrooms and Bathrooms

Laundry

  • Laundry on upper level
  • Washer and Dryer Hookup

Partially Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Connecting Stairway
  • Rear and Side Entry
  • Basement Windows

Outdoor Features

  • Deck
  • Exterior Lighting
  • Play Equipment
  • Wrap Around Porch

Utilities

  • Forced Air Heating and Cooling System
  • 60+ Gallon Tank
  • Well
  • Septic Less Than The Number Of Bedrooms

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 020171190084138

Community Details

Overview

  • No Home Owners Association
  • Running Cedar Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,075

Year Built

Built in 2002

Lot Details

0

Parking

2

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: 2022-09-16
  • Year Built: 2002
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Six Burner Stove, Range Hood, Oven/Range - Gas, Stainless Steel Appliances, Refrigerator
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Door Features: French
  • Foundation Details: Slab
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Connecting Stairway, Daylight, Partial, Heated, Improved, Outside Entrance, Rear Entrance, Side Entrance, Walkout Level, Partially Finished, Windows
  • Basement Finished Percent: 80.00
  • Laundry Type: Upper Floor, Shared, Hookup
  • Total Sq Ft: 6041
  • Living Area Sq Ft: 5711
  • Price Per Sq Ft: 193.58
  • Above Grade Finished Sq Ft: 4130
  • Below Grade Finished Sq Ft: 1581
  • Below Grade Sq Ft: 330
  • Total Below Grade Sq Ft: 1911
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • All Lower Level Bedrooms: 1
  • Total Bathrooms: 6
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Lower Levels Bathrooms: 2
  • Upper Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 2.00
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1
  • Lower Level Half Bathroom: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Exterior Features: Exterior Lighting, Stone Retaining Walls, Play Equipment
  • Road Surface Type: Paved
  • Spa: No
  • View: Trees/Woods
  • 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: Paved Driveway
  • Garage Features: Garage Door Opener, Garage - Side Entry
  • 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: Central, Electric
  • Heating Type: Central, Forced Air
  • Heating: Yes
  • Hot Water: 60+ Gallon Tank
  • Sewer/Septic System: Septic < # Of Br
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Fencing: Picket, Privacy
  • Lot Features: Backs To Trees
  • Lot Size Acres: 2.02
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 87991.00
  • Outdoor Living Structures: Porch(es), Deck(s), Wrap Around
  • Zoning: R
  • In City Limits: No

Rental Info

  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 8075.00
  • Assessor Parcel Number: 020171190084138
  • Tax Lot: 10
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2022
Closed on
Dec 28, 2022
Sold by
Ogunlana Kolawole and Ogunlana Sophia
Bought by
Love Eric Joseph and Love Teresa Mae
Seller's Agent
Monica Bryant
CENTURY 21 New Millennium
Buyer's Agent
Teresa Love
CENTURY 21 New Millennium
List Price
$948,900
Sold Price
$775,000
Premium/Discount to List
-$173,900
-18.33%
Views
52
Current Estimated Value
$1,019,978

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,978
Avg. Annual Appreciation
9.93%
Original Mortgage
$620,000
Outstanding Balance
$594,556
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$425,422

Purchase Details

Listed on
Mar 31, 2017
Closed on
Jun 28, 2017
Sold by
Busser Robert D and Busser Celeste F
Bought by
Ogunlana Kolawole and Ogunlana Sophia
Seller's Agent
Laura Forbes
CENTURY 21 New Millennium
Buyer's Agent
Kathleen Foy
Redfin Corp
List Price
$665,000
Sold Price
$649,900
Premium/Discount to List
-$15,100
-2.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.25%
Original Mortgage
$584,845
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 30, 2009
Sold by
Us Bank National Assoc
Bought by
Busser Robert D and Busser Celeste F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 7, 2009
Sold by
Downey Michael E
Bought by
Us Bank National Assoc

Purchase Details

Closed on
May 19, 2000
Sold by
Jollar Inc
Bought by
Downey Michael E and Downey Ellen R
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
Love Eric Joseph $775,000 First American Title
Ogunlana Kolawole $649,900 Title Forward
Busser Robert D $549,900 --
Us Bank National Assoc $475,000 --
Downey Michael E $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Love Eric Joseph $620,000
Previous Owner Ogunlana Kolawole $584,845
Previous Owner Busser Robert D $417,000
Closed Downey Michael E --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/28/2022 12/28/22 Sold $775,000 -3.1% $136 / Sq Ft
11/22/2022 11/22/22 Pending -- -- --
10/24/2022 10/24/22 Price Changed $799,500 -0.1% $140 / Sq Ft
10/14/2022 10/14/22 Price Changed $799,908 -5.9% $140 / Sq Ft
10/03/2022 10/03/22 Price Changed $850,000 -5.4% $149 / Sq Ft
09/16/2022 09/16/22 Price Changed $898,900 -5.3% $157 / Sq Ft
09/16/2022 09/16/22 For Sale $948,900 +46.0% $166 / Sq Ft
06/28/2017 06/28/17 Sold $649,900 0.0% $157 / Sq Ft View Prior Sale
05/20/2017 05/20/17 Pending -- -- --
04/19/2017 04/19/17 Price Changed $649,900 -2.3% $157 / Sq Ft
03/31/2017 03/31/17 For Sale $665,000 -- $161 / 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 $6,217 $943,867 -- --
2024 $6,217 $851,933 $0 $0
2023 $6,427 $760,000 $190,000 $570,000
2022 $8,207 $740,133 $0 $0
2021 $16,103 $720,267 $0 $0
2020 $7,863 $700,400 $190,000 $510,400
2019 $7,870 $700,400 $190,000 $510,400
2018 $7,102 $700,400 $190,000 $510,400
2017 $7,667 $714,000 $0 $0
2016 -- $695,533 $0 $0
2015 -- $677,067 $0 $0
2014 -- $658,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA2044814

Bright MLS

APN: 01-711-90084138