NOT LISTED FOR SALE

7040 Ridge Rd Hanover, MD 21076

Estimated Value: $547,728 - $576,000

-- Bed
2 Baths
2,316 Sq Ft
$245/Sq Ft Est. Value

About This Home

This home is located at 7040 Ridge Rd, Hanover, MD 21076 and is currently estimated at $566,432, approximately $244 per square foot. 7040 Ridge Rd is a home located in Anne Arundel County with nearby schools including Lindale Middle School, North County High School, and Arundel Christian School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 24, 2022
Sold by
Beazer Homes Llc
Bought by
Liu Wei
Current Estimated Value
$566,432

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$421,713
Outstanding Balance
$400,627
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
$165,805

Purchase Details

Closed on
Aug 19, 2021
Sold by
Merritt Rd Llc
Bought by
Beazer Homes Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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Average Value
Not Available
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
Liu Wei $468,570 None Listed On Document
Beazer Homes Llc $1,881,810 Community Title Network
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liu Wei $421,713
Source: Public Records

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 $5,199 $474,400 $180,000 $294,400
2024 $5,199 $449,467 $0 $0
2023 $5,047 $424,533 $0 $0
2022 $4,176 $399,600 $145,000 $254,600
2021 $494 $48,967 $0 $0
2020 $494 $47,233 $0 $0
2019 $0 $45,500 $45,500 $0
Source: Public Records

Map

Maryland Anne Arundel County Hanover 21076

7040 Ridge Rd, Hanover, MD

Not Listed for Sale

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