NOT LISTED FOR SALE

7022 Rackham Way Hanover, MD 21076

Estimated Value: $551,000 - $576,000

3 Beds
5 Baths
2,654 Sq Ft
$213/Sq Ft Est. Value

Last Sold August 09, 2021

Last sale price $515,000 $194 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,734/month

4 Days on Market

Highlights

  • Open Floorplan
  • Colonial Architecture
  • Upgraded Countertops
  • Long Reach High School Rated A-
  • Recreation Room
  • Heated Community Pool

About This Home

As of August 2021

Welcome to this gorgeous 3 Bedroom, 5 Bathroom Home with BRAND NEW Paint throughout Entire Home & LIKE NEW Flooring and Carpet! This home is LEED GOLD ENERGY CERTIFIED, with home construction techniques that maximizes energy efficiency, water conservation and environmental preservation -- meaning the new homeowner can live a sustainable, environmentally conscious lifestyle. Enjoy four floors of living space, beginning with a first floor recreation room with an entry powder room, 2 car garage and spacious mudroom/Laundry room. The second floor/main floor features a bright, open concept with a spacious kitchen with stainless steel appliances, a spacious maintenance free deck, loads of granite counter space, a gas range, island seating, dining area and open family room. On the third level, you'll be greeted into the gracious owner's suite with a massive closet & En-Suite bathroom; A second bedroom with an En-Suite Bathroom. The fourth floor floods with natural light as soon as you walk up into a massive loft/media room, third bedroom with spacious closets and a full upgraded bathroom with private access to the rooftop deck! This house has it ALL!! For those looking to ease their commute, this townhouse is conveniently located just two minutes from major highways to both Baltimore and DC. There is also a private shuttle to the Dorsey MARC Station, and Howard County's newest schools are just a short walk away. This home in Oxford Square community is designed for healthy living, featuring open green spaces and upscale amenities, LIKE a swimming pool, fitness center, basketball courts, and play fields

Last Agent to Sell the Property

Sunna Ahmad

Cummings & Co. Realtors License #674044 Listed on: 07/01/2021

Cummings & Co. Realtors

Last Buyer's Agent

Joseph George

ExecuHome Realty

ExecuHome Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,470

Year Built

  • Built in 2018

Lot Details

  • 1,080 Sq Ft Lot
  • Property is in excellent condition

HOA Fees

  • $185 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • 1 Driveway Space
  • Parking Storage or Cabinetry
  • Rear-Facing Garage
  • Garage Door Opener
  • On-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2,654 Sq Ft Home
  • Property has 4 Levels
  • Open Floorplan
  • Built-In Features
  • Recessed Lighting
  • ENERGY STAR Qualified Windows
  • Window Treatments
  • Window Screens
  • Family Room
  • Dining Room
  • Den
  • Recreation Room
  • Efficiency Studio
  • Carpet

Kitchen

  • Breakfast Area or Nook
  • Gas Oven or Range
  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Eco-Friendly Details

  • Energy-Efficient Appliances

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Programmable Thermostat
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 272
  • Assessor Parcel Number 1401600288
  • $562 Front Foot Fee per year

Community Details

Overview

  • Oxford Square Subdivision

Recreation

  • Heated Community Pool
  • Lap or Exercise Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,470

Year Built

Built in 2018

Lot Details

0

HOA Fees

$185 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • Expected On Market: 2021-07-01
  • Year Built: 2018
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to this gorgeous 3 Bedroom, 5 Bathroom Home with BRAND NEW Paint throughout Entire Home & LIKE NEW Flooring and Carpet! This home is LEED GOLD ENERGY CERTIFIED, with home construction techniques that maximizes energy efficiency, water conservation and environmental preservation -- meaning the new homeowner can live a sustainable, environmentally conscious lifestyle. Enjoy four floors of living space, beginning with a first floor recreation room with an entry powder room, 2 car garage and spacious mudroom/Laundry room. The second floor/main floor features a bright, open concept with a spacious kitchen with stainless steel appliances, a spacious maintenance free deck, loads of granite counter space, a gas range, island seating, dining area and open family room. On the third level, you'll be greeted into the gracious owner's suite with a massive closet & En-Suite bathroom; A second bedroom with an En-Suite Bathroom. The fourth floor floods with natural light as soon as you walk up into a massive loft/media room, third bedroom with spacious closets and a full upgraded bathroom with private access to the rooftop deck! This house has it ALL!! For those looking to ease their commute, this townhouse is conveniently located just two minutes from major highways to both Baltimore and DC. There is also a private shuttle to the Dorsey MARC Station, and Howard County's newest schools are just a short walk away. This home in Oxford Square community is designed for healthy living, featuring open green spaces and upscale amenities, like a swimming pool, fitness center, basketball courts, and play fields
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Disposal, Dryer, Energy Efficient Appliances, Exhaust Fan, Microwave, Oven/Range - Gas, Washer, Water Heater
  • Interior Amenities: Carpet, Built-Ins, Breakfast Area, Efficiency, Floor Plan - Open, Kitchen - Island, Pantry, Primary Bath(s), Recessed Lighting, Upgraded Countertops, Walk-In Closet(s), Window Treatments
  • Window Features: Energy Efficient, Energy Star Qualified, Screens
  • Fireplace: No
  • Levels Count: 4
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Den, Recreation Room, Bathroom 2, Bathroom 3, Primary Bathroom, Half Bath
  • Basement: No
  • Laundry Type: Has Laundry, Washer In Unit, Dryer In Unit, Lower Floor
  • Total Sq Ft: 2654
  • Living Area Sq Ft: 2654
  • Price Per Sq Ft: 188.39
  • Above Grade Finished Sq Ft: 2654
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7022

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Concrete Driveway
  • Garage Features: Garage Door Opener, Garage - Rear Entry, Inside Access, Additional Storage Area
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway, On Street
  • Number of Spaces in Driveway: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Programmable Thermostat
  • Heating Fuel: Natural Gas
  • Heating Type: Central, Programmable Thermostat
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 185.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: Heated, Filtered, Concrete, Lap/Exercise

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: HOWARD COUNTY PUBLIC SCHOOL SYSTEM
  • School District Key: 121139568958
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 010
  • Lot Size Acres: 0.02
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1080.00
  • Property Condition: Excellent, Very Good
  • Year Assessed: 2021
  • Zoning: TOD
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4470.00
  • Assessor Parcel Number: 1401600288
  • Tax Lot: 272
  • Tax Total Finished Sq Ft: 2654
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 08/09/2021

Multi Family

  • Front Foot Fee: 562.00

MLS Schools

  • School District Name: HOWARD COUNTY PUBLIC SCHOOL SYSTEM

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2021
Closed on
Aug 9, 2021
Sold by
Mandava Arun Prasad
Bought by
Thomas Pravitha S and Thomas George Joseph
Seller's Agent
Sunna Ahmad
Cummings & Co. Realtors
Buyer's Agent
Joseph George
ExecuHome Realty
List Price
$499,990
Sold Price
$515,000
Premium/Discount to List
$15,010
3%
Total Days on Market
4
Current Estimated Value
$564,099

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,099
Avg. Annual Appreciation
2.37%
Original Mortgage
$484,500
Outstanding Balance
$444,078
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$119,026
Source: Public Records

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Range of Values:

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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
Thomas Pravitha S $515,000 Community Title Network
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas Pravitha S $484,500
Previous Owner Mandava Arun Prasad $345,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2021 08/09/21 Sold $515,000 +3.0% $194 / Sq Ft
07/06/2021 07/06/21 Pending -- -- --
07/01/2021 07/01/21 For Sale $499,990 -- $188 / 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
2024 $6,673 $461,633 $0 $0
2023 $6,230 $432,500 $135,000 $297,500
2022 $5,605 $427,900 $0 $0
2021 $4,731 $423,300 $0 $0
2020 $4,457 $418,700 $140,000 $278,700
2019 $6,011 $416,833 $0 $0
2018 $1,239 $110,000 $110,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDHW2000886

Bright MLS

APN: 01-600288