NOT LISTED FOR SALE

7264 Forest Ave Hanover, MD 21076

Estimated Value: $506,000 - $551,000

3 Beds
2 Baths
1,947 Sq Ft
$270/Sq Ft Est. Value

Last Sold January 31, 2020

Last sale price $370,000 $190 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $3,119/month

9 Days on Market

Highlights

  • Horses Allowed On Property
  • No HOA
  • Property is in very good condition
  • Colonial Architecture
  • Central Air
  • Back Up Electric Heat Pump System

About This Home

As of January 2020

Beautifully renovated home on a USABLE, R-1 zoned, flat, 3.12 acre lot!! NO HOA!! You can forget about townhouse living when there is a property like this on the market. Spacious floor plan with quality upgrades throughout. This kitchen is complete with BRAND NEW stainless steel appliances, gorgeous white cabinetry (soft close - of course) and beautiful granite counters. Huge deck off the back of the house - perfect for entertaining those guests that you will want to have over to show off your new house. All bathrooms have been remodeled with high end tile on the floors & shower walls, white cabinets and all new finishes. Brand new carpet, new hardwood flooring & new roof! Offered at a great price considering it the perfect candidate for a subdivision, horses, gardening, a workshop, etc...the possibilities are endless!!

Last Agent to Sell the Property

Gail Nyman

(301) 802-6542 gail@gailnyman.com RE/MAX United Real Estate License #30707 Listed on: 12/17/2019

RE/MAX United Real Estate

Co-Listed By

Delaney Burgess

(301) 938-0100 delaneyburgess15@gmail.com RE/MAX United Real Estate License #668108

Last Buyer's Agent

Robert Frey

(410) 960-9555 bob.frey@hyattcompany.com Hyatt & Company Real Estate LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,009

Year Built

  • Built in 1920

Lot Details

  • 3.12 Acre Lot
  • Property is in very good condition
  • Property is zoned OS

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • 1,947 Sq Ft Home
  • Property has 2 Levels
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Full Bathrooms

Parking

  • Driveway
  • On-Street Parking
  • Off-Street Parking

Schools

  • Jessup Elementary School
  • Meade Middle School
  • Meade High School

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Central Air
  • Back Up Electric Heat Pump System
  • Septic Tank
  • Community Sewer or Septic

Community Details

  • No Home Owners Association
  • Lennox Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 020444401726200

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,009

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 2
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1947
  • Living Area Sq Ft: 1947
  • Price Per Sq Ft: 192.09
  • Above Grade Finished Sq Ft: 1947
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl 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: Driveway, Off Street, On Street

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Sewer/Septic System: Community Septic Tank, Private Septic Tank
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: JESSUP
  • High School: MEADE
  • Middle Or Junior School: MEADE

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: Yes
  • Improvement Assessed Value: 134500.00
  • Land Assessed Value: 220000.00
  • Lot Size Acres: 3.12
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 135907.00
  • Property Condition: Very Good
  • Zoning: OS
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 15274682
  • Tax Annual Amount: 4009.00
  • Assessor Parcel Number: 020444401726200
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2019
Closed on
Jan 31, 2020
Sold by
Phoenix Property Developers Llc
Bought by
Villa Amaro and Villa Sandra
Seller's Agent
Gail Nyman
RE/MAX United Real Estate
Buyer's Agent
Robert Frey
Hyatt & Company Real Estate LLC
List Price
$374,000
Sold Price
$370,000
Premium/Discount to List
-$4,000
-1.07%
Current Estimated Value
$525,874

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,874
Avg. Annual Appreciation
6.07%
Original Mortgage
$351,500
Outstanding Balance
$312,052
Interest Rate
3.74%
Mortgage Type
New Conventional
Estimated Equity
$213,822

Purchase Details

Closed on
Jul 19, 2019
Sold by
Reese Melissa and The Estate Of William A Reese
Bought by
Phoenix Property Developers Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,800
Interest Rate
3.82%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 27, 1995
Sold by
Mclouski Raymond M
Bought by
Reese William A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,670
Interest Rate
7.56%
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Villa Amaro $370,000 New World Title Company Llc
Phoenix Property Developers Llc $143,000 New World Title Company Llc
Reese William A $165,360 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Villa Amaro $351,500
Previous Owner Phoenix Property Developers Llc $241,800
Previous Owner Reese William A $150,670
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2020 01/31/20 Sold $370,000 -1.1% $190 / Sq Ft
12/26/2019 12/26/19 Pending -- -- --
12/17/2019 12/17/19 For Sale $374,000 -- $192 / 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 $4,756 $415,500 $220,000 $195,500
2024 $4,756 $388,467 $0 $0
2023 $4,421 $361,433 $0 $0
2022 $3,925 $334,400 $180,000 $154,400
2020 $3,885 $334,400 $180,000 $154,400
2019 $4,099 $354,500 $220,000 $134,500
2018 $3,460 $341,233 $0 $0
2017 $3,615 $327,967 $0 $0
2016 -- $314,700 $0 $0
2015 -- $298,533 $0 $0
2014 -- $282,367 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA420726

Bright MLS

APN: 04-444-01726200