Seller's Agent in 2024
Susan McFarland
Remax Realty Group
(240) 460-0747
1 in this area
101 Total Sales
7402 Locust Dr Hanover, MD 21076
5
Beds
3
Baths
3,312
Sq Ft
0.48
Acres
Highlights
- 0.48 Acre Lot
- Wood Burning Stove
- No HOA
- Open Floorplan
- Wood Flooring
- Upgraded Countertops
About This Home
As of December 2024Welcome to this DIY and Investor dream home. This AS-IS property offers an excellent floor plan, updated baths, large secondary bedrooms, and an entirely contemporary feel. Check out the floor plan in the photos. This hidden gem will easily sell for 600-625K with some elbow grease, cosmetics, and smart choices.
Hard-to-find features include a huge 14X23 primary bedroom with a private balcony overlooking the rear yard, an ensuite spa-inspired bathtub, rainfall shower, and his and hers customized walk-in closet. Large modern kitchen with tons of cabinet pullouts, counters, and a big island. and desk -school work area. All of this opens onto a 20x20 screened deck. Downstairs has two very large bedrooms (or office and exercise room) generous family room with a pellet stove and a full bath and laundry. The home will be emptied before closing. Standard sale with attractive VA ASSUMABLE LOAN. You do NOT have to be a veteran or in active service. It is not available to investors. The current loan balance is approximately $378,000 and is a 30-year fixed at 2.375%. This works out to a principal and interest of $1582.80 a month!
Drone photography and a floor plan with dimensions are uploaded in photos. No HOA, huge, level, fenced lot. Long driveway and parking for 8+ cars. No showings without a licensed real estate agent.
Last Agent to Sell the Property
(240) 460-0747 susansellsmaryland@gmail.com RE/MAX Realty Group License #310632 Listed on: 07/23/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,799
Year Built
- Built in 1967
Lot Details
- 0.48 Acre Lot
- Chain Link Fence
- Level Lot
- Back Yard Fenced
- Property is in good condition
- Property is zoned R2
Home Design
- Split Foyer
- Block Foundation
- Asphalt Roof
- Aluminum Siding
- Vinyl Siding
Interior Spaces
- Property has 2 Levels
- Open Floorplan
- Built-In Features
- Ceiling Fan
- Skylights
- Recessed Lighting
- Wood Burning Stove
- Self Contained Fireplace Unit Or Insert
- Flue
- Fireplace Mantel
- Double Pane Windows
- Vinyl Clad Windows
- Window Treatments
- Sliding Windows
- Window Screens
- Sliding Doors
- Entrance Foyer
- Family Room
- Living Room
- Combination Kitchen and Dining Room
- Screened Porch
- Utility Room
Kitchen
- Country Kitchen
- Breakfast Area or Nook
- Electric Oven or Range
- Microwave
- Ice Maker
- Dishwasher
- Kitchen Island
- Upgraded Countertops
Flooring
- Wood
- Ceramic Tile
- Luxury Vinyl Plank Tile
Bedrooms and Bathrooms
- En-Suite Primary Bedroom
- Walk-In Closet
- Soaking Tub
- Walk-in Shower
Laundry
- Laundry Room
- Laundry on lower level
Finished Basement
- Basement Fills Entire Space Under The House
- Walk-Up Access
- Connecting Stairway
- Rear Basement Entry
- Basement Windows
Home Security
- Home Security System
- Fire and Smoke Detector
Parking
- 6 Parking Spaces
- 4 Driveway Spaces
Outdoor Features
- Balcony
- Screened Patio
Location
- Suburban Location
Schools
- Severn Elementary School
- Old Mill Middle School North
- Old Mill High School
Utilities
- Forced Air Heating and Cooling System
- Programmable Thermostat
- Well
- Electric Water Heater
- On Site Septic
Community Details
- No Home Owners Association
- Timber Ridge Subdivision
Listing and Financial Details
- Tax Lot 28
- Assessor Parcel Number 020580006981900
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 23, 2024
Closed on
Nov 22, 2024
Sold by
Engstrom Douglas Valiant
Bought by
Hill John M and Hill Suzy D
Seller's Agent
Susan McFarland
RE/MAX Realty Group
Buyer's Agent
Emmanuel Chimijomo
RE/MAX Realty Group
List Price
$525,000
Sold Price
$525,000
Views
116
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
$32,695
Avg. Annual Appreciation
8.73%
Original Mortgage
$407,253
Outstanding Balance
$403,233
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$159,546
Purchase Details
Listed on
Jun 15, 2017
Closed on
Jul 15, 2017
Sold by
Wicks Matthew D and Wicks Farra
Bought by
Eagstrom Douglas Valiant
Seller's Agent
Charles Carp
Compass
Buyer's Agent
Susan McFarland
RE/MAX Realty Group
List Price
$395,000
Sold Price
$411,500
Premium/Discount to List
$16,500
4.18%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.36%
Original Mortgage
$424,046
Interest Rate
3.88%
Mortgage Type
VA
Purchase Details
Listed on
Jul 23, 2014
Closed on
Sep 12, 2014
Sold by
Hatch Russell and Hatch Claudia
Bought by
Wicks Matthew D and Wicks Farra
Seller's Agent
Tina Cheung
EXP Realty, LLC
Buyer's Agent
Sarah Garza
Compass
List Price
$365,000
Sold Price
$370,000
Premium/Discount to List
$5,000
1.37%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.79%
Original Mortgage
$377,955
Interest Rate
4.12%
Mortgage Type
VA
Purchase Details
Closed on
May 15, 2008
Sold by
R & All Iii James W
Bought by
Hatch Russell and Hatch Claudia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,487
Interest Rate
5.94%
Mortgage Type
VA
Purchase Details
Closed on
May 9, 2008
Sold by
R & All Iii James W
Bought by
Hatch Russell and Hatch Claudia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,487
Interest Rate
5.94%
Mortgage Type
VA
Purchase Details
Closed on
Sep 17, 2003
Sold by
Burke David R
Bought by
Randall James W and Randall Angela S
Purchase Details
Closed on
Aug 20, 2003
Sold by
Straitz David P
Bought by
Burke David R
Purchase Details
Closed on
Sep 8, 1999
Sold by
Heller Jas C
Bought by
Straitz David P
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $525,000 | None Listed On Document | |
| Deed | $411,500 | Pruitt Title Llc | |
| Deed | $370,000 | Title Rite Services Inc | |
| Deed | $350,000 | -- | |
| Deed | $350,000 | -- | |
| Deed | $265,000 | -- | |
| Deed | $175,000 | -- | |
| Deed | $160,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $407,253 | New Conventional | |
| Previous Owner | $424,046 | VA | |
| Previous Owner | $377,955 | VA | |
| Previous Owner | $337,487 | VA | |
| Previous Owner | $337,487 | VA | |
| Closed | -- | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/04/2024 12/04/24 | Sold | $525,000 | 0.0% | $159 / Sq Ft |
| 07/23/2024 07/23/24 | For Sale | $525,000 | +27.6% | $159 / Sq Ft |
| 07/21/2017 07/21/17 | Sold | $411,500 | +4.2% | $134 / Sq Ft |
| 06/20/2017 06/20/17 | Pending | -- | -- | -- |
| 06/15/2017 06/15/17 | For Sale | $395,000 | +6.8% | $129 / Sq Ft |
| 09/12/2014 09/12/14 | Sold | $370,000 | +1.4% | $282 / Sq Ft |
| 08/01/2014 08/01/14 | Pending | -- | -- | -- |
| 07/23/2014 07/23/14 | For Sale | $365,000 | -- | $278 / 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 | $5,169 | $436,700 | $206,200 | $230,500 |
| 2024 | $5,169 | $420,667 | $0 | $0 |
| 2023 | $4,419 | $404,633 | $0 | $0 |
| 2022 | $4,551 | $388,600 | $186,200 | $202,400 |
| 2021 | $8,760 | $372,233 | $0 | $0 |
| 2020 | $4,170 | $355,867 | $0 | $0 |
| 2019 | $4,002 | $339,500 | $163,200 | $176,300 |
| 2018 | $3,443 | $339,500 | $163,200 | $176,300 |
| 2017 | $3,903 | $339,500 | $0 | $0 |
| 2016 | -- | $344,000 | $0 | $0 |
| 2015 | -- | $321,967 | $0 | $0 |
| 2014 | -- | $299,933 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Susan McFarland
-
Emmanuel Chimijomo
E
Buyer's Agent in 2024
Emmanuel Chimijomo
Remax Realty Group
(202) 528-2464
2 in this area
97 Total Sales
-
Charles Carp
Seller's Agent in 2017
Charles Carp
Compass
(301) 802-6674
1 in this area
65 Total Sales
-
Tina Cheung
Seller's Agent in 2014
Tina Cheung
EXP Realty, LLC
(240) 463-8979
7 in this area
200 Total Sales
-
Sarah Garza
Buyer's Agent in 2014
Sarah Garza
Compass
(443) 717-3631
16 in this area
227 Total Sales
Map
Source: Bright MLS
MLS Number: MDAA2088520
APN: 05-800-06981900
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