NOT LISTED FOR SALE

7231 Wright Rd Hanover, MD 21076

Estimated Value: $368,000 - $468,752

4 Beds
2 Baths
1,900 Sq Ft
$216/Sq Ft Est. Value

Last Sold July 13, 2018

Last sale price $219,900 $116 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $2,480/month

Highlights

  • 1.61 Acre Lot
  • No HOA
  • Dining Area
  • Colonial Architecture
  • Baseboard Heating

About This Home

As of July 2018

PRIME INVESTMENT OPPORTUNITY! SPACIOUS COLONIAL ON 1.6 ACRE LOT WITH OVER 1,900 SQ. FT. OF LIVING SPACE! Property is a shell and ready for your renovations! 4 bedrooms, 2 full baths, & large room sizes. Located on a private lot yet still convenient to Arundel Mills and major roadways. Sold As-Is! Lot is zoned R-8 and can be subdivided into 8 parcels

Last Agent to Sell the Property

Chris Cooke

(443) 802-2728 chris@chriscooketeam.com Berkshire Hathaway HomeServices Homesale Realty Listed on: 05/02/2018

Berkshire Hathaway HomeServices Homesale Realty

Last Buyer's Agent

Preeti Malviya

(410) 610-9322 preeti@mres-us.com HomeSmart License #639711

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,526

Year Built

  • Built in 1940

Lot Details

  • 1.61 Acre Lot
  • Property is zoned R5

Parking

  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Fixer Upper
  • Aluminum Siding

Interior Spaces

  • 1,900 Sq Ft Home
  • Property has 2 Levels
  • Dining Area
  • Unfinished Basement
  • Connecting Stairway

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Utilities

  • Cooling System Utilizes Bottled Gas
  • Baseboard Heating
  • Septic Tank

Community Details

  • No Home Owners Association
  • Hanover Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 020400002226200

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,526

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1940
  • Remarks Public: PRIME INVESTMENT OPPORTUNITY! SPACIOUS COLONIAL ON 1.6 ACRE LOT WITH OVER 1,900 SQ. FT. OF LIVING SPACE! Property is a shell and ready for your renovations! 4 bedrooms, 2 full baths, & large room sizes. Located on a private lot yet still convenient to Arundel Mills and major roadways. Sold As-Is! Lot is zoned R-8 and can be subdivided into 8 parcels
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Dining Area
  • Fireplace: No
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Connecting Stairway, Unfinished
  • Living Area Units: Square Feet
  • Total Sq Ft: 1900
  • Living Area Sq Ft: 1900
  • Price Per Sq Ft: 115.74
  • Above Grade Finished Sq Ft: 1900
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7231

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Aluminum Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: No
  • Heating Fuel: Bottled Gas/Propane
  • Heating Type: Baseboard
  • Heating: Yes
  • Sewer/Septic System: Septic Exists
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
  • School District Key: 121140671932

Lot Info

  • Improvement Assessed Value: 91000.00
  • Land Assessed Value: 131100.00
  • Lot Size Acres: 1.61
  • Lot Size Area: 70132
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 70132.00
  • Property Condition: Major Rehab Needed
  • Year Assessed: 2018
  • Zoning: R5

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15264829
  • Tax Annual Amount: 2525.53
  • Assessor Parcel Number: 020400002226200
  • Tax Lot: 2
  • Tax Total Finished Sq Ft: 1656
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 07/13/2018

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 11, 2019
Sold by
Pathmanathan Satheeshan
Bought by
Satheeshan Yathugula
Current Estimated Value
$410,688

Purchase Details

Listed on
May 2, 2018
Closed on
Jul 13, 2018
Sold by
Ml 11 Llc
Bought by
Pathmanathan Satheesha
Seller's Agent
Chris Cooke
Berkshire Hathaway HomeServices Homesale Realty
Buyer's Agent
Preeti Malviya
HomeSmart
List Price
$249,900
Sold Price
$219,900
Premium/Discount to List
-$30,000
-12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.01%

Purchase Details

Listed on
Nov 21, 2016
Closed on
Apr 18, 2017
Sold by
Edwards Pamela and Gregor Donna
Bought by
11Llc7 Ml
Seller's Agent
Joshua Harris
Hyatt & Company Real Estate, LLC
Buyer's Agent
Chris Riley
Christopher C. Riley
List Price
$235,000
Sold Price
$200,000
Premium/Discount to List
-$35,000
-14.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.95%
Original Mortgage
$240,000
Interest Rate
4.3%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 28, 2013
Sold by
Gregor Catherine T and Edwards Pamela
Bought by
Gregor Catherine T and Edwards Pamela

Purchase Details

Closed on
Jun 26, 2008
Sold by
Gregor Catherine T
Bought by
Gregor Catherine T and Edwards Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,100
Interest Rate
6.07%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jun 12, 2008
Sold by
Gregor Catherine T
Bought by
Gregor Catherine T and Edwards Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,100
Interest Rate
6.07%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
May 1, 2001
Sold by
Gregor Paul O
Bought by
Gregor Catherine T
Source: Public Records

Range of Values:

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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Satheeshan Yathugula -- None Available
Pathmanathan Satheesha $219,900 Colony Title Group Ltd
11Llc7 Ml $200,000 Crown Titkle Corp
Gregor Catherine T -- First Equity Title Corporati
Gregor Catherine T -- --
Gregor Catherine T -- --
Gregor Catherine T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 11Llc7 Ml $240,000
Previous Owner Gregor Catherine T $145,100
Previous Owner Gregor Catherine T $145,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/13/2018 07/13/18 Sold $219,900 0.0% $116 / Sq Ft
06/28/2018 06/28/18 Pending -- -- --
05/24/2018 05/24/18 Price Changed $219,900 -4.3% $116 / Sq Ft
05/09/2018 05/09/18 Price Changed $229,900 -8.0% $121 / Sq Ft
05/02/2018 05/02/18 For Sale $249,900 +25.0% $132 / Sq Ft
04/18/2017 04/18/17 Sold $200,000 -14.9% $121 / Sq Ft View Prior Sale
02/21/2017 02/21/17 Pending -- -- --
12/26/2016 12/26/16 For Sale $235,000 0.0% $142 / Sq Ft
12/09/2016 12/09/16 Pending -- -- --
11/21/2016 11/21/16 For Sale $235,000 -- $142 / 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 $3,533 $287,600 $181,100 $106,500
2024 $3,533 $276,800 $0 $0
2023 $3,378 $266,000 $0 $0
2022 $3,097 $255,200 $166,100 $89,100
2021 $5,964 $244,167 $0 $0
2020 $2,826 $233,133 $0 $0
2019 $2,713 $222,100 $131,100 $91,000
2018 $2,217 $218,600 $0 $0
2017 $1,980 $215,100 $0 $0
2016 -- $211,600 $0 $0
2015 -- $204,033 $0 $0
2014 -- $196,467 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1000474716

Bright MLS

APN: 04-000-02226200