M
Landlord's Agent in 2025
Michael MacKay
Bay Property Management Group
(240) 778-3264
7245 Fair Oak Dr Hanover, MD 21076
3
Beds
3.5
Baths
2,000
Sq Ft
$243
Price per Sq Ft
Highlights
- Colonial Architecture
- 1 Car Attached Garage
- Heat Pump System
- 1 Fireplace
- Central Air
About This Home
As of January 2025Lovely 3 BR/3.5 BA Townhome in Hanover! This home features hardwood and carpet flooring, offering a modern, comfortable living space. The spacious, bright living area flows into the kitchen and dining combo, which includes an L-shaped countertop, a breakfast island, ample cabinetry, essential appliances, and a walk-in pantry. Step onto the deck to relax or enjoy outdoor dining. A half bathroom on the main level adds convenience. Upstairs, the master bedroom boasts its full bathroom and a versatile loft, perfect for entertainment or a home office. Two additional spacious bedrooms with ample closet space and a shared hallway full bathroom complete the upper level. The fully finished lower level offers a flexible den that can be used as a guest room, workspace, or family room, with laundry facilities conveniently located on the same level. There is also a renovated full bathroom for added convenience. Parking options include an attached garage and driveway.
Local Attractions and Nearby Highways:
- Arundel Mills Mall: A popular shopping destination with a variety of retail stores, restaurants, and entertainment options, including a casino and a movie theater.
- Maryland Live! Casino: A major entertainment venue offering gaming, dining, and live events, perfect for a fun night out.
- Patapsco Valley State Park: A nearby state park with hiking trails, fishing spots, and picnic areas, offering a great escape into nature.
- National Electronics Museum: A local museum showcasing the history of electronics with interactive exhibits and educational programs.
- Fort George G. Meade: A military base offering historical tours and educational experiences about the U.S. Army’s history and operations.
- Interstate 295 (Baltimore-Washington Parkway): A major north-south route connecting Hanover to both Baltimore and Washington, D.C., making commuting easy.
- Maryland Route 100 (MD-100): An east-west highway providing quick access to Ellicott City, Columbia, and other parts of central Maryland.
Small pets are accepted with additional non-refundable pet fee!
Application Qualifications: Minimum monthly income 3 times the tenant’s portion of the monthly rent, acceptable rental history, acceptable credit history and acceptable criminal history. More specific information provided with the application.
All Bay Management Group residents are automatically enrolled in the Resident Benefits Package (RBP) for $39.95/month, which includes renters insurance, credit building to help boost your credit score with timely rent payments, $1M Identity Protection, HVAC air filter delivery (for applicable properties), move-in concierge service making utility connection and home service setup a breeze during your move-in, our best-in-class resident rewards program, and much more! The Resident Benefits Package is a voluntary program and may be terminated at any time, for any reason, upon thirty (30) days’ written notice. Tenants that do not upload their own renters insurance to the Tenant portal 5 days prior to move in will be automatically included in the RBP and the renters insurance program. More details upon application.
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $5,845
Year Built
- Built in 2006
Lot Details
- 1,440 Sq Ft Lot
Parking
- 1 Car Attached Garage
- Rear-Facing Garage
- Driveway
- On-Street Parking
Home Design
- Colonial Architecture
- Brick Exterior Construction
- Brick Foundation
Interior Spaces
- 2,000 Sq Ft Home
- Property has 3 Levels
- 1 Fireplace
- Finished Basement
- Interior and Exterior Basement Entry
Bedrooms and Bathrooms
- 3 Bedrooms
Schools
- Hebron - Harman Elementary School
- Macarthur Middle School
- Meade High School
Utilities
- Central Air
- Heat Pump System
Listing and Financial Details
- Residential Lease
- Security Deposit $2,700
- 12-Month Min and 24-Month Max Lease Term
- Available 12/1/24
- Assessor Parcel Number 020488490221710
Community Details
Overview
- $40 Other Monthly Fees
Pet Policy
- Pets Allowed
- Pet Size Limit
- Pet Deposit Required
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 20, 2020
Closed on
Sep 23, 2020
Sold by
Kang Hyung Kyu and Kang Naya
Bought by
Gala Chirag and Gala Sonica
Seller's Agent
Bob Lucido
Keller Williams Lucido Agency
Buyer's Agent
Rex Thomas
Samson Properties
List Price
$370,000
Sold Price
$365,000
Premium/Discount to List
-$5,000
-1.35%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,258
Avg. Annual Appreciation
6.74%
Original Mortgage
$328,500
Outstanding Balance
$292,843
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$210,888
Purchase Details
Closed on
Apr 5, 2006
Sold by
Cc&Dorchester Llc
Bought by
Kang Hyung Kyu and Oh Nae Kyung
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
6.15%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 21, 2006
Sold by
Cc&Dorchester Llc
Bought by
Kang Hyung Kyu and Oh Nae Kyung
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
6.15%
Mortgage Type
Purchase Money Mortgage
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gala Chirag | $365,000 | First American Title Ins Co | |
| Kang Hyung Kyu | $429,989 | -- | |
| Kang Hyung Kyu | $429,989 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gala Chirag | $328,500 | |
| Previous Owner | Kang Hyung Kyu | $135,000 | |
| Previous Owner | Kang Hyung Kyu | $150,000 | |
| Previous Owner | Kang Hyung Kyu | $150,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/09/2025 01/09/25 | Rented | $2,700 | 0.0% | -- |
| 12/20/2024 12/20/24 | Price Changed | $2,700 | -9.8% | $1 / Sq Ft |
| 11/25/2024 11/25/24 | For Rent | $2,995 | 0.0% | -- |
| 09/25/2020 09/25/20 | Sold | $365,000 | -1.4% | $183 / Sq Ft |
| 08/28/2020 08/28/20 | Pending | -- | -- | -- |
| 08/20/2020 08/20/20 | For Sale | $370,000 | -- | $185 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $5,845 | $401,000 | $140,000 | $261,000 |
| 2024 | $5,845 | $381,600 | $0 | $0 |
| 2023 | $5,651 | $362,200 | $0 | $0 |
| 2022 | $5,217 | $342,800 | $140,000 | $202,800 |
| 2021 | $10,378 | $340,367 | $0 | $0 |
| 2020 | $5,004 | $337,933 | $0 | $0 |
| 2019 | $9,634 | $335,500 | $130,000 | $205,500 |
| 2018 | $3,324 | $327,833 | $0 | $0 |
| 2017 | $4,599 | $320,167 | $0 | $0 |
| 2016 | -- | $312,500 | $0 | $0 |
| 2015 | -- | $309,367 | $0 | $0 |
| 2014 | -- | $306,233 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Michael MacKay
-
datacorrect BrightMLS
d
Tenant's Agent in 2025
datacorrect BrightMLS
Non Subscribing Office
-
Bob Lucido
Seller's Agent in 2020
Bob Lucido
Keller Williams Lucido Agency
(410) 979-6024
56 in this area
2,992 Total Sales
-
Holly Gue
Seller Co-Listing Agent in 2020
Holly Gue
Keller Williams Lucido Agency
(443) 465-9034
7 in this area
94 Total Sales
-
Rex Thomas
Buyer's Agent in 2020
Rex Thomas
Samson Properties
(240) 593-7680
11 in this area
325 Total Sales
Map
Source: Bright MLS
MLS Number: MDAA2099456
APN: 04-884-90221710
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