NOT LISTED FOR SALE

7407 Ridge Rd Unit 5 Hanover, MD 21076

Estimated Value: $399,689

-- Bed
1 Bath
1,091 Sq Ft
$366/Sq Ft Est. Value

About This Home

This home is located at 7407 Ridge Rd Unit 5, Hanover, MD 21076 and is currently estimated at $399,689, approximately $366 per square foot. 7407 Ridge Rd Unit 5 is a home located in Anne Arundel County with nearby schools including Lindale Middle School, North County High School, and Chesapeake Science Point Public Charter School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 30, 2025
Sold by
Sarmiento Roberto
Bought by
74075 Ridge Road Llc
Current Estimated Value
$399,689

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Outstanding Balance
$319,178
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$80,511

Purchase Details

Closed on
Jun 11, 2024
Sold by
Bunting Thomas M and Bunting Louie
Bought by
Sarmiento Roberto

Purchase Details

Closed on
Oct 30, 2017
Sold by
Kaler Lorraine V and Kaler Diane Regina
Bought by
Bunting Ii Thomas M and Bunting Louie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,471
Interest Rate
3.75%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
74075 Ridge Road Llc $400,000 None Listed On Document
74075 Ridge Road Llc $400,000 None Listed On Document
Sarmiento Roberto $350,000 First American Title
Sarmiento Roberto $350,000 First American Title
Bunting Ii Thomas M $250,000 Colony Title Group Ltd
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 74075 Ridge Road Llc $320,000
Closed 74075 Ridge Road Llc $320,000
Previous Owner Bunting Ii Thomas M $245,471
Source: Public Records

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 $3,625 $294,000 $270,700 $23,300
2024 $3,625 $286,567 $0 $0
2023 $3,048 $279,133 $0 $0
2022 $2,839 $271,700 $270,700 $1,000
2021 $6,522 $271,700 $270,700 $1,000
2020 $6,441 $271,700 $270,700 $1,000
2019 $7,814 $352,000 $351,000 $1,000
2018 $3,357 $331,067 $0 $0
2017 $1,897 $310,133 $0 $0
2016 -- $289,200 $0 $0
2015 -- $276,467 $0 $0
2014 -- $263,733 $0 $0
Source: Public Records

Map

Maryland Anne Arundel County Hanover 21076

7407 Ridge Rd Unit 5, Hanover, MD

Not Listed for Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes