NOT LISTED FOR SALE

7216 Fair Oak Dr Hanover, MD 21076

Estimated Value: $495,000 - $527,000

3 Beds
3.5 Baths
2,579 Sq Ft
$199/Sq Ft Est. Value

Last Sold June 03, 2021

Last sale price $425,000 $165 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,389/month

3 Days on Market

Highlights

  • Colonial Architecture
  • Community Pool
  • Forced Air Heating and Cooling System

About This Home

As of June 2021

Welcome to your new home located at 7216 Fair Oak Dr! This is a beautiful 3 bedroom 3.5 bath home that is waiting for its new owners! When you walk into the home you are greeted with beautiful hardwood floors. The home splits so that you can go downstairs to a very spacious family room which has a full bath; or you can go up the stairs to the very spacious living room, dining room and kitchen. The spacious kitchen comes with a sitting area where you can directly entertain your guests as you are preparing your meals.; or you can entertain on the private deck that faces the woods (The seller will be staining the deck). The master bedroom with its vaulted ceilings; a walk-in closet; a nice size sitting area and a nice size master bath makes this owner's suite also very spacious. When you are not inside enjoying your beautiful home you can be outside enjoying the community pool; clubhouse; picnic area; playground; and the other amenities that the Villages of Dorchester has to offer. This home is located minutes from the Arundel Mills Mall; BWI Airport; MARC Trains and Ft Meade. Thanks For showing!

Last Agent to Sell the Property

Queen Peterson

Royal Real Estate, LLC License #669198 Listed on: 04/26/2021

Last Buyer's Agent

Varun Vasudeva

HomeSmart License #675309

HomeSmart

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,004

Year Built

  • Built in 2005

Lot Details

  • 1,760 Sq Ft Lot

HOA Fees

  • $107 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • Basement
  • Connecting Stairway

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Public Septic

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 020488490221695

Community Details

Overview

  • Villages Of Dorchester Subdivision

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,004

Year Built

Built in 2005

Lot Details

0

HOA Fees

$107 per month

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
  • Expected On Market: 2021-04-26
  • Year Built: 2005
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to your new home located at 7216 Fair Oak Dr! This is a beautiful 3 bedroom 3.5 bath home that is waiting for its new owners! When you walk into the home you are greeted with beautiful hardwood floors. The home splits so that you can go downstairs to a very spacious family room which has a full bath; or you can go up the stairs to the very spacious living room, dining room and kitchen. The spacious kitchen comes with a sitting area where you can directly entertain your guests as you are preparing your meals.; or you can entertain on the private deck that faces the woods (The seller will be staining the deck). The master bedroom with its vaulted ceilings; a walk-in closet; a nice size sitting area and a nice size master bath makes this owner's suite also very spacious. When you are not inside enjoying your beautiful home you can be outside enjoying the community pool; clubhouse; picnic area; playground; and the other amenities that the Villages of Dorchester has to offer. This home is located minutes from the Arundel Mills Mall; BWI Airport; MARC Trains and Ft Meade. Thanks For showing!
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Stove, Washer
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Connecting Stairway
  • Total Sq Ft: 2939
  • Living Area Sq Ft: 2579
  • Price Per Sq Ft: 203.67
  • Above Grade Finished Sq Ft: 1964
  • Below Grade Finished Sq Ft: 615
  • Below Grade Sq Ft: 360
  • Total Below Grade Sq Ft: 975
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7216

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: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Septic
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 107.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
  • School District Key: 121140671932
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 234000.00
  • Land Assessed Value: 140000.00
  • Land Use Code: 011
  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1760.00
  • Year Assessed: 2021
  • Zoning: R5
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15444674
  • Tax Annual Amount: 4004.00
  • Assessor Parcel Number: 020488490221695
  • Tax Lot: 8
  • Tax Total Finished Sq Ft: 2579
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 06/03/2021

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2021
Closed on
Jun 2, 2021
Sold by
Coley Lolita
Bought by
Cathey Marvin and Evans Candice L
Seller's Agent
Queen Peterson
Royal Real Estate, LLC
Buyer's Agent
Varun Vasudeva
HomeSmart
List Price
$400,000
Sold Price
$425,000
Premium/Discount to List
$25,000
6.25%
Current Estimated Value
$506,554

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,554
Avg. Annual Appreciation
4.55%
Original Mortgage
$417,301
Outstanding Balance
$384,334
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$127,787

Purchase Details

Closed on
Dec 29, 2005
Sold by
Cc&Dorchester Llc
Bought by
Coley Lolita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,535
Interest Rate
6.14%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Nov 21, 2005
Sold by
Cc&Dorchester Llc
Bought by
Coley Lolita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,535
Interest Rate
6.14%
Mortgage Type
Stand Alone Second
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
Cathey Marvin $425,000 Answer Title
Coley Lolita $425,365 --
Coley Lolita $425,365 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cathey Marvin $417,301
Previous Owner Coley Lolita $331,300
Previous Owner Coley Lolita $62,000
Previous Owner Coley Lolita $42,535
Previous Owner Coley Lolita $340,290
Previous Owner Coley Lolita $340,290
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2021 06/03/21 Sold $425,000 +6.3% $165 / Sq Ft
04/30/2021 04/30/21 Pending -- -- --
04/26/2021 04/26/21 For Sale $400,000 -- $155 / 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 $6,112 $406,000 $0 $0
2023 $5,955 $390,000 $0 $0
2022 $5,543 $374,000 $140,000 $234,000
2021 $10,618 $364,167 $0 $0
2020 $5,130 $354,333 $0 $0
2019 $9,869 $344,500 $130,000 $214,500
2018 $3,493 $344,500 $130,000 $214,500
2017 $4,754 $344,500 $0 $0
2016 -- $363,800 $0 $0
2015 -- $353,033 $0 $0
2014 -- $342,267 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA464038

Bright MLS

APN: 04-884-90221695