NOT LISTED FOR SALE

7344 Point Patience Way Elkridge, MD 21075

Estimated Value: $337,000 - $422,000

3 Beds
3.5 Baths
1,534 Sq Ft
$261/Sq Ft Est. Value

Last Sold November 17, 2021

Last sale price $325,000 $212 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,864/month

28 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Wood Flooring
  • Oakland Mills High School Rated A-
  • Traditional Floor Plan
  • 1 Fireplace

About This Home

As of November 2021

Wonderful opportunity to own a home in New Colony Village, a gated community in Elkridge with limited flow of traffic in order to promote a safe environment for residents to take evening strolls around the neighborhood. Community offers a pool, community center, basketball/tennis court, playground, walking/hiking paths and grounds are taken care of with secured and gated 24 hours security. Home is close to all commuter routes, shopping, restaurants and just minutes to Route 95 and centrally located between Baltimore and Washington. One car garage, large kitchen, cozy family room with cozy fireplace and 2 level ceiling. Second level features three bedrooms with primary bedroom ensuite with double sink and walk-in closet. Upper level laundry as well. Full basement is a plus and perfect for additional living space, children's playroom, home office, movie room or anything you can imagine. A property that will not disappoint you!

Last Agent to Sell the Property

Daniel Register

Northrop Realty Listed on: 09/08/2021

Northrop Realty

Last Buyer's Agent

Nick Schiaffino

ExecuHome Realty

ExecuHome Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,537

Year Built

  • Built in 1999

Lot Details

  • 2,079 Sq Ft Lot
  • Property is in average condition
  • Property is zoned RMH

HOA Fees

  • $260 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Permanent Foundation
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,534 Sq Ft Home
  • Property has 3 Levels
  • Traditional Floor Plan
  • Ceiling Fan
  • 1 Fireplace
  • Double Hung Windows
  • Six Panel Doors
  • Family Room Off Kitchen
  • Dining Area

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on upper level
  • Stacked Washer and Dryer

Finished Basement

  • Interior Basement Entry
  • Sump Pump

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Natural Gas Water Heater
  • Public Septic
  • Phone Available
  • Cable TV Available

Community Details

  • New Colony Village HOA, Phone Number (410) 799-9989
  • New Colony Village Subdivision

Listing and Financial Details

  • Tax Lot 72
  • Assessor Parcel Number 1401299514
  • $48 Front Foot Fee per year

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,537

Year Built

Built in 1999

Lot Details

0

HOA Fees

$260 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1999
  • Automatically Close On Close Date: No
  • Remarks Public: Wonderful opportunity to own a home in New Colony Village, a gated community in Elkridge with limited flow of traffic in order to promote a safe environment for residents to take evening strolls around the neighborhood. Community offers a pool, community center, basketball/tennis court, playground, walking/hiking paths and grounds are taken care of with secured and gated 24 hours security. Home is close to all commuter routes, shopping, restaurants and just minutes to Route 95 and centrally located between Baltimore and Washington. One car garage, large kitchen, cozy family room with cozy fireplace and 2 level ceiling. Second level features three bedrooms with primary bedroom ensuite with double sink and walk-in closet. Upper level laundry as well. Full basement is a plus and perfect for additional living space, children's playroom, home office, movie room or anything you can imagine. A property that will not disappoint you!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Microwave, Dishwasher, Oven/Range - Gas, Washer, Dryer, Washer/Dryer Stacked
  • Flooring Type: Hardwood, Carpet, Tile/Brick
  • Interior Amenities: Carpet, Ceiling Fan(s), Dining Area, Family Room Off Kitchen, Floor Plan - Traditional, Wood Floors
  • Window Features: Double Hung
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Storm, Six Panel
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Permanent
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Interior Access, Fully Finished, Sump Pump
  • Laundry Type: Dryer In Unit, Has Laundry, Hookup, Upper Floor, Washer In Unit
  • Total Sq Ft: 1534
  • Living Area Sq Ft: 1534
  • Price Per Sq Ft: 195.50
  • Above Grade Finished Sq Ft: 1534
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7344

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: Vinyl Siding
  • Roof: Shingle, Composite
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Main Entrance Lock, Smoke Detector
  • Sewer/Septic System: Public Septic, Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Phone Available, Other
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 260.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Name: NEW COLONY VILLAGE
  • HOA Phone: (410) 799-9989
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: HOWARD COUNTY PUBLIC SCHOOL SYSTEM
  • School District Key: 121139568958
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 208000.00
  • Land Assessed Value: 70000.00
  • Land Use Code: 010
  • Lot Size Acres: 0.05
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2079.00
  • Outdoor Living Structures: Porch(es), Deck(s)
  • Property Condition: Below Average, Average
  • Year Assessed: 2021
  • Zoning: RMH
  • In City Limits: No

Rental Info

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

Tax Info

  • Assessor Parcel Number: 15445932
  • Tax Annual Amount: 3537.00
  • Assessor Parcel Number: 1401299514
  • Tax Lot: 72
  • Tax Total Finished Sq Ft: 1534
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2021
  • Close Date: 11/17/2021

Multi Family

  • Front Foot Fee: 48.50

MLS Schools

  • School District Name: HOWARD COUNTY PUBLIC SCHOOL SYSTEM

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2021
Closed on
Nov 17, 2021
Sold by
U S Bank Trust National Association
Bought by
Obua Ucheuma
Seller's Agent
Daniel Register
Northrop Realty
Buyer's Agent
Nick Schiaffino
ExecuHome Realty
List Price
$299,900
Sold Price
$325,000
Premium/Discount to List
$25,100
8.37%
Total Days on Market
28
Current Estimated Value
$399,765

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,765
Avg. Annual Appreciation
5.99%
Original Mortgage
$308,750
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2021
Sold by
Faulkner Donald A and Faulkner Lesbia S
Bought by
U S Bank Trust National Association and Legacy Mortgage Asset Trust 2018 Rpl2

Purchase Details

Closed on
Sep 14, 2005
Sold by
Corridor I Limited Partnership
Bought by
Faulkner Donald A and Faulkner Lesbia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,900
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 22, 2005
Sold by
Corridor I Limited Partnership
Bought by
Faulkner Donald A and Faulkner Lesbia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,900
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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Range of Values:

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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
Obua Ucheuma $325,000 Accommodation
U S Bank Trust National Association $327,250 Accommodation
Faulkner Donald A $72,900 --
Faulkner Donald A $72,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Obua Ucheuma $308,750
Previous Owner Faulkner Donald A $308,000
Previous Owner Faulkner Donald A $38,500
Previous Owner Faulkner Donald A $72,900
Previous Owner Faulkner Donald A $72,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2021 11/17/21 Sold $325,000 +8.4% $212 / Sq Ft
10/06/2021 10/06/21 Pending -- -- --
09/08/2021 09/08/21 For Sale $299,900 -- $196 / 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 $4,414 $295,833 $0 $0
2023 $4,088 $278,000 $70,000 $208,000
2022 $3,900 $264,933 $0 $0
2021 $3,619 $251,867 $0 $0
2020 $3,525 $238,800 $65,200 $173,600
2019 $3,444 $238,800 $65,200 $173,600
2018 $3,382 $238,800 $65,200 $173,600
2017 $3,272 $241,800 $0 $0
2016 -- $230,833 $0 $0
2015 -- $219,867 $0 $0
2014 -- $208,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDHW2004710

Bright MLS

APN: 01-299514