NOT LISTED FOR SALE

7281 Forest Ave Hanover, MD 21076

Estimated Value: $629,037 - $709,000

3 Beds
3 Baths
2,528 Sq Ft
$269/Sq Ft Est. Value

Last Sold March 05, 2021

Last sale price $500,000 $198 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $4,124/month

Highlights

  • Contemporary Architecture
  • Backs to Trees or Woods
  • No HOA
  • Cathedral Ceiling
  • 1 Fireplace
  • 3 Car Direct Access Garage

About This Home

As of March 2021

Park Like Setting on private lot with almost 7.5 Acres in Hanover. Wonderful open floor plan throughout this 3 level home. The Large detached garage/workshop with electric that is finished and perfect for an in home business. This home will not last long and is priced to sell!

Last Agent to Sell the Property

Jill Crofcheck

(410) 630-7040 officeadmin@mdcrealty.com MDC Realty License #225266395 Listed on: 12/30/2020

Last Buyer's Agent

Danielle Mannix

(301) 370-6505 agentmannix@gmail.com Compass License #617449

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,780

Year Built

  • Built in 1989

Lot Details

  • 7.46 Acre Lot
  • Level Lot
  • Cleared Lot
  • Backs to Trees or Woods
  • Property is in good condition
  • Property is zoned R1

Parking

  • 3 Car Direct Access Garage
  • 10 Driveway Spaces
  • Parking Storage or Cabinetry

Home Design

  • Contemporary Architecture
  • Shingle Roof
  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • Property has 3 Levels
  • Cathedral Ceiling
  • 1 Fireplace
  • Dining Area
  • Carpet
  • Finished Basement

Kitchen

  • Stove
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank
  • Community Sewer or Septic

Community Details

  • No Home Owners Association
  • Lennox Park Subdivision

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 020444401251600

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,780

Year Built

Built in 1989

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1989
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Park Like Setting on private lot with almost 7.5 Acres in Hanover. Wonderful open floor plan throughout this 3 level home. The Large detached garage/workshop with electric that is finished and perfect for an in home business. This home will not last long and is priced to sell!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Microwave, Stove, Refrigerator, Washer
  • Interior Amenities: Carpet, Dining Area
  • Fireplaces Count: 1
  • Wall Ceiling Types: Cathedral Ceilings, 2 Story Ceilings
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 2528
  • Living Area Sq Ft: 2528
  • Price Per Sq Ft: 341.80
  • Above Grade Finished Sq Ft: 1536
  • Below Grade Finished Sq Ft: 992
  • Total Below Grade Sq Ft: 992
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7281

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • 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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding
  • Roof: Composite, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Garage Features: Additional Storage Area, Inside Access, Oversized
  • Number Of Detached Garage Spaces: 3
  • Total Garage And Parking Spaces: 13
  • Type Of Parking: Driveway, Detached Garage
  • Number of Spaces in Driveway: 10

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • 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

  • 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: 229000.00
  • Land Assessed Value: 199500.00
  • Land Use Code: 011
  • Lot Features: Backs To Trees, Cleared, Level
  • Lot Size Acres: 7.46
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 324958.00
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Good
  • Year Assessed: 2021
  • Zoning: R1
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15274667
  • Tax Annual Amount: 4780.00
  • Assessor Parcel Number: 020444401251600
  • Tax Lot: 6
  • Tax Total Finished Sq Ft: 1536
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 03/05/2021

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2020
Closed on
Mar 5, 2021
Sold by
Cotten Eva P
Bought by
Rundenza Rodger L and Rundenza Evelyn
Seller's Agent
Jill Crofcheck
MDC Realty
Buyer's Agent
Danielle Mannix
Compass
List Price
$525,000
Sold Price
$500,000
Premium/Discount to List
-$25,000
-4.76%
Current Estimated Value
$679,259

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,259
Avg. Annual Appreciation
6.89%
Original Mortgage
$475,000
Outstanding Balance
$425,804
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$253,455

Purchase Details

Closed on
Aug 13, 2008
Sold by
Cotten Cusic P
Bought by
Cotten Eva P and Cotten Cusic Q

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 31, 2008
Sold by
Cotten Cusic P
Bought by
Cotten Eva P and Cotten Cusic Q

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 26, 1991
Sold by
Cordi Mary A
Bought by
Cotten Cusic P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,600
Interest Rate
9.59%
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
Rundenza Rodger L $500,000 Rgs Title Llc
Cotten Eva P $555,000 --
Cotten Eva P $555,000 --
Cotten Cusic P $227,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rundenza Rodger L $475,000
Previous Owner Cotten Eva P $400,000
Previous Owner Cotten Eva P $400,000
Previous Owner Cotten Cusic P $181,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/05/2021 03/05/21 Sold $500,000 -4.8% $198 / Sq Ft
01/05/2021 01/05/21 Pending -- -- --
01/05/2021 01/05/21 For Sale $525,000 0.0% $208 / Sq Ft
01/04/2021 01/04/21 Pending -- -- --
12/30/2020 12/30/20 For Sale $525,000 +5.0% $208 / Sq Ft
12/30/2020 12/30/20 Off Market $500,000 -- --
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 $6,092 $551,400 $239,500 $311,900
2024 $6,092 $510,433 $0 $0
2023 $5,600 $469,467 $0 $0
2022 $4,908 $428,500 $199,500 $229,000
2021 $9,816 $428,500 $199,500 $229,000
2020 $4,869 $428,500 $199,500 $229,000
2019 $0 $442,800 $239,500 $203,300
2018 $4,376 $431,567 $0 $0
2017 $4,584 $420,333 $0 $0
2016 -- $409,100 $0 $0
2015 -- $396,767 $0 $0
2014 -- $384,433 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA455144

Bright MLS

APN: 04-444-01251600