NOT LISTED FOR SALE

702 Terrace Dr Bel Air, MD 21014

Estimated Value: $511,000 - $617,000

3 Beds
2.5 Baths
3,458 Sq Ft
$160/Sq Ft Est. Value

Highlights

  • Second Kitchen
  • Wood Flooring
  • Workshop
  • Homestead-Wakefield Elementary School Rated A-
  • Open Floorplan
  • No HOA

About This Home

As of October 2023

Multi-level home available for rent in Bel Air! Total of 5 bedrooms, 3.5 baths, attached in-law suite w/ separate entrance, with its own kitchen, appliances, 2 bedrooms, and full bath., with additional laundry facilities. Yhis inlaw suite os attached by an enclosed mid room to the main house which has another 3 bedrooms and 2 more baths. This side offers Liv/ Din room with eat in kitchen and a large family room
This is a very large property in sq footage

Great fenced back yard with patio. Plus a very spacious Attached 2-car garage.
POOL IS NOT INCLUDED IN THE LEASE AGREEMENT

.MUST USE WEICHERT, REALTORS - DIANA REALTY APPLICATION AND LEASE AGREEMENT
$50 PER PERSON APP FEE. PETS APPROVED ON CASE BY CASE BASIS ONLY
CERTIFIED FUNDS ONLY.
All funds are due upon lease signing once the application is approved by the Landlords

Property will available for showings starting Sept 1st

Last Agent to Rent the Property

Denise Diana

Weichert, Realtors - Diana Realty License #322019 Listed on: 09/01/2023

Weichert, Realtors - Diana Realty

Last Renter's Agent

Melanie Breeden

Coldwell Banker Realty License #664757

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,349

Year Built

  • Built in 1967

Lot Details

  • 0.43 Acre Lot
  • Back Yard Fenced

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Split Level Home
  • Slab Foundation
  • Asphalt Roof
  • Vinyl Siding
  • Brick Front

Interior Spaces

  • Property has 3.5 Levels
  • Crown Molding
  • Double Pane Windows
  • Vinyl Clad Windows
  • Bay Window
  • Casement Windows
  • Sliding Doors
  • Entrance Foyer
  • Family Room
  • Open Floorplan
  • Living Room
  • Dining Room
  • Den
  • Game Room
  • Stacked Washer and Dryer

Kitchen

  • Second Kitchen
  • Eat-In Kitchen
  • Electric Oven or Range
  • Microwave
  • Extra Refrigerator or Freezer
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Instant Hot Water

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • In-Law or Guest Suite

Partially Finished Basement

  • Partial Basement
  • Sump Pump
  • Shelving
  • Workshop
  • Crawl Space
  • Basement Windows

Home Security

  • Storm Doors
  • Fire and Smoke Detector
  • Flood Lights

Outdoor Features

  • Patio
  • Porch

Schools

  • Homestead/Wakefield Elementary School
  • Bel Air Middle School
  • Bel Air High School

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Oil
  • Vented Exhaust Fan
  • Hot Water Heating System
  • Oil Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Residential Lease
  • Security Deposit $2,600
  • Requires 1 Month of Rent Paid Up Front
  • Tenant pays for all utilities, lawn/tree/shrub care, exterior maintenance, minor interior maintenance, frozen waterpipe damage, HVAC maintenance, light bulbs/filters/fuses/alarm care, cable TV, cooking fuel, electricity, hot water, trash removal, windows/screens
  • The owner pays for real estate taxes
  • No Smoking Allowed
  • 12-Month Min and 24-Month Max Lease Term
  • Available 9/1/23
  • $50 Application Fee
  • $125 Repair Deductible
  • Assessor Parcel Number 1303162990

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,349

Year Built

Built in 1967

Lot Details

0

Parking

2

Rental Info

  • Date Available: 2023-09-01
  • Application Fee: 50.00
  • Lease Term: 12 Months
  • Months Rent Up Front: 1.0
  • Owner Pays: Taxes - Real Estate
  • Pet Deposit: 400.00
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Security Deposit: 2600.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Utilities - All, Lawn/Tree/Shrub Care, Exterior Maintenance, Minor Interior Maintenance, Frozen Waterpipe Damage, Hvac Maintenance, Light Bulbs/Filters/Fuses/Alarm Care, Cable Tv, Cooking Fuel, Electricity, Hot Water, Trash Removal, Windows/Screens
  • Vacation Rental: No
  • Max Lease in Months: 24
  • Min Lease in Months: 12
  • Rent Spree Online Application: No

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Detached
  • Architectural Style: Split Level
  • Exclusions: in ground pool NOT included in the lease agreement NOR is it usable
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1
  • Expected On Market: 2023-09-01
  • Federal Flood Zone: No
  • Year Built: 1967
  • Building Winterized: No
  • Repair Deductible: 125.00
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Exhaust Fan, Extra Refrigerator/Freezer, Humidifier, Icemaker, Instant Hot Water, Microwave, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked
  • Flooring Type: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: 2nd Kitchen, Combination Kitchen/Living, Kitchen - Table Space, Combination Dining/Living, Kitchen - Eat-In, Crown Moldings, Upgraded Countertops, Wood Floors
  • Window Features: Bay/Bow, Casement, Double Pane, Vinyl Clad
  • Fireplace: No
  • Door Features: Sliding Glass, Storm
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Crawl Space, Slab
  • Levels Count: 3.5
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Game Room, Family Room, Den, Foyer, Bedroom 1, In-Law/AuPair/Suite, Bathroom 1, Bathroom 2
  • Basement: Yes
  • Basement Type: Sump Pump, Daylight, Partial, Partial, Partially Finished, Shelving, Windows, Workshop
  • Total Sq Ft: 3458
  • Living Area Sq Ft: 3458
  • Price Per Sq Ft: 0.91
  • Above Grade Finished Sq Ft: 2858
  • Below Grade Finished Sq Ft: 600
  • Total Below Grade Sq Ft: 600
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 702

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • 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: Combination, Brick, Brick Front, Vinyl Siding
  • Exterior Features: Flood Lights
  • Roof: Asphalt
  • Spa: No
  • 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, Paved Driveway
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Oil, Electric
  • Heating Type: Forced Air, Hot Water
  • Heating: Yes
  • Hot Water: Electric, Oil
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: HARFORD COUNTY PUBLIC SCHOOLS
  • Elementary School: HOMESTEAD/WAKEFIELD
  • Middle School: BEL AIR
  • High School: BEL AIR
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121139964110
  • School District Source: 3rd Party
  • Elementary School: HOMESTEAD/WAKEFIELD
  • High School: BEL AIR
  • Middle Or Junior School: BEL AIR

Lot Info

  • Horses: No
  • Fencing: Rear
  • Lot Size Acres: 0.43
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 18730.80
  • Outdoor Living Structures: Patio(s), Porch(es)
  • Zoning: RES

Tax Info

  • Assessor Parcel Number: 1303162990
  • Close Date: 10/02/2023

MLS Schools

  • School District Name: HARFORD COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2018
Closed on
Aug 16, 2018
Sold by
Perini Michael A and Perini Frances E
Bought by
Ewell Leah B
Seller's Agent
Denise Diana
Weichert, Realtors - Diana Realty
Buyer's Agent
Denise Diana
Weichert, Realtors - Diana Realty
Sold Price
$2,300
Current Estimated Value
$551,895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$549,595
Original Mortgage
$260,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 21, 1994
Sold by
Traylor John T
Bought by
Perini Michael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
8.9%
Source: Public Records

Range of Values:

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Average Value
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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
Ewell Leah B $325,000 None Available
Perini Michael A $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ewell Leah B $252,000
Closed Ewell Leah B $260,000
Previous Owner Perini Michael $200,000
Previous Owner Perini Michael A $200,000
Previous Owner Perini Michael A $100,000
Previous Owner Perini Michael A $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2023 10/02/23 Rented $2,750 +5.8% --
09/01/2023 09/01/23 For Rent $2,600 +13.0% --
10/06/2018 10/06/18 Rented $2,300 0.0% --
10/06/2018 10/06/18 Under Contract -- -- --
09/12/2018 09/12/18 For Rent $2,300 -- --
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 $4,349 $421,100 $104,300 $316,800
2024 $4,349 $399,067 $0 $0
2023 $4,109 $377,033 $0 $0
2022 $3,869 $355,000 $104,300 $250,700
2021 $3,869 $342,967 $0 $0
2020 $3,819 $330,933 $0 $0
2019 $3,680 $318,900 $115,000 $203,900
2018 $3,611 $312,933 $0 $0
2017 $3,442 $318,900 $0 $0
2016 -- $301,000 $0 $0
2015 $3,647 $301,000 $0 $0
2014 $3,647 $301,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDHR2024754

Bright MLS

APN: 03-162990