NOT LISTED FOR SALE

7416 Cedar Grove Ln Elkridge, MD 21075

Estimated Value: $356,000 - $451,538

3 Beds
2.5 Baths
1,594 Sq Ft
$267/Sq Ft Est. Value

Last Sold September 29, 2023

Last sale price $428,000 $269 Per Sq Ft

Current estimated payment $3,027/month

5 Days on Market

Highlights

  • 24-Hour Security
  • Open Floorplan
  • Attic
  • Oakland Mills High School Rated A-
  • Contemporary Architecture
  • Upgraded Countertops

About This Home

As of September 2023

Welcome to New Colony Village, a gated community in Elkridge Maryland! Newly renovated and move in ready, you will not be disappointed with everything this home has to offer! Modern open floorpan! New appliances, kitchen layout, paint, flooring, and bathrooms! Close to major commute routes. ASSUMABLE VA LOAN AT A GREAT RATE OF 2.5 PERCENT for qualified buyer! Make this home yours today! MULTIPLE OFFERS, DEADLINE IS SUNDAY SEPTEMBER 3RD BY 3PM.

Last Agent to Sell the Property

Antonio Grant

Samson Properties License #660666 Listed on: 08/28/2023

Samson Properties

Last Buyer's Agent

Dipal Patel

Cummings & Co. Realtors License #677698

Cummings & Co. Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,032

Year Built

  • Built in 1999 | Remodeled in 2021

Lot Details

  • 2,297 Sq Ft Lot
  • Property is zoned RMH

HOA Fees

  • $280 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • 1 Driveway Space
  • Oversized Parking
  • Front Facing Garage
  • Garage Door Opener
  • Parking Lot

Home Design

  • Contemporary Architecture
  • Block Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Ceiling Fan
  • Double Hung Windows
  • Sliding Doors
  • Six Panel Doors
  • Dining Area
  • Laminate Flooring
  • Security Gate
  • Attic
  • Partially Finished Basement

Kitchen

  • Breakfast Area or Nook
  • Built-In Range
  • Built-In Microwave
  • ENERGY STAR Qualified Refrigerator
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • Bathtub with Shower

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Eco-Friendly Details

  • Energy-Efficient Windows

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 90
  • Assessor Parcel Number 1401299719
  • $48 Front Foot Fee per year

Community Details

Overview

  • Association fees include common area maintenance, health club, lawn maintenance, recreation facility, pool(s), security gate, trash
  • New Colony Village Management HOA
  • New Colony Village Subdivision
  • Property Manager

Recreation

  • Community Pool

Security

  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,032

Year Built

Built in 1999 | Remodeled in 2021

Lot Details

0

HOA Fees

$280 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-08-30
  • Federal Flood Zone: No
  • Year Built: 1999
  • Year Renovated: 2021
  • Automatically Close On Close Date: No
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Disposal, Dryer, Energy Star Refrigerator, Stainless Steel Appliances, Washer
  • Flooring Type: Laminate Plank
  • Interior Amenities: Breakfast Area, Ceiling Fan(s), Dining Area, Floor Plan - Open, Kitchen - Island, Pantry, Walk-In Closet(s), Tub Shower, Upgraded Countertops, Primary Bath(s), Attic
  • Window Features: Double Hung, Energy Efficient
  • Fireplace: No
  • Door Features: Sliding Glass, Six Panel
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Block
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Partially Finished
  • Laundry Type: Upper Floor
  • Total Sq Ft: 2404
  • Living Area Sq Ft: 1594
  • Price Per Sq Ft: 250.88
  • Above Grade Finished Sq Ft: 1594
  • Below Grade Sq Ft: 810
  • Total Below Grade Sq Ft: 810
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7416

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Roof: Asphalt
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry, Garage Door Opener, Inside Access, Oversized
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway, Parking Lot
  • Number of Spaces in Driveway: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: 24 Hour Security, Security Gate
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 280.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Health Club, Lawn Maintenance, Recreation Facility, Pool(s), Security Gate, Trash
  • HOA Name: NEW COLONY VILLAGE MANAGEMENT
  • 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

Lot Info

  • Land Use Code: R
  • Lot Size Acres: 0.05
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2297.00
  • Year Assessed: 2023
  • Zoning: RMH
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Breed Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 4032.00
  • Assessor Parcel Number: 1401299719
  • Tax Lot: 90
  • Tax Total Finished Sq Ft: 1594
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 09/29/2023

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
Aug 28, 2023
Closed on
Sep 29, 2023
Sold by
Urso Joseph
Bought by
Patel Jigar M
Seller's Agent
Antonio Grant
Samson Properties
Buyer's Agent
Dipal Patel
Cummings & Co. Realtors
List Price
$399,900
Sold Price
$428,000
Premium/Discount to List
$28,100
7.03%
Views
395
Current Estimated Value
$426,135

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,865
Avg. Annual Appreciation
-0.23%
Original Mortgage
$407,483
Outstanding Balance
$401,435
Interest Rate
7.23%
Mortgage Type
FHA
Estimated Equity
$24,700

Purchase Details

Listed on
Jun 2, 2020
Closed on
Jan 29, 2021
Sold by
Fannie Mae
Bought by
Urso Joseph
Seller's Agent
Michael Sloan
Northrop Realty
Buyer's Agent
Nicholas Badalian
Fathom Realty MD, LLC
List Price
$324,900
Sold Price
$333,333
Premium/Discount to List
$8,433
2.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.81%
Original Mortgage
$333,333
Interest Rate
3.1%
Mortgage Type
VA

Purchase Details

Closed on
Aug 26, 2020
Sold by
Corridor I Limited Partnership
Bought by
Federal National Mortgage Association
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
Patel Jigar M $428,000 Old Republic National Title In
Urso Joseph $333,333 First Title & Escrow Inc
Federal National Mortgage Association $90,000 New World Title Company Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Jigar M $407,483
Previous Owner Urso Joseph $333,333
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2023 09/29/23 Sold $428,000 +7.0% $269 / Sq Ft
09/03/2023 09/03/23 Pending -- -- --
08/28/2023 08/28/23 For Sale $399,900 +20.0% $251 / Sq Ft
01/29/2021 01/29/21 Sold $333,333 0.0% $209 / Sq Ft
12/22/2020 12/22/20 Pending -- -- --
12/18/2020 12/18/20 Off Market $333,333 -- --
12/09/2020 12/09/20 For Sale $324,900 -2.5% $204 / Sq Ft
10/29/2020 10/29/20 Pending -- -- --
10/21/2020 10/21/20 Off Market $333,333 -- --
10/21/2020 10/21/20 For Sale $324,900 -2.5% $204 / Sq Ft
10/20/2020 10/20/20 Off Market $333,333 -- --
10/14/2020 10/14/20 Price Changed $324,900 0.0% $204 / Sq Ft
10/14/2020 10/14/20 For Sale $324,900 -2.5% $204 / Sq Ft
08/05/2020 08/05/20 Off Market $333,333 -- --
07/17/2020 07/17/20 Price Changed $270,000 -13.9% $169 / Sq Ft
06/02/2020 06/02/20 For Sale $313,500 -- $197 / 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 $4,723 $344,767 $0 $0
2024 $4,723 $317,333 $0 $0
2023 $4,220 $289,900 $70,000 $219,900
2022 $4,018 $273,100 $0 $0
2021 $3,776 $256,300 $0 $0
2020 $140 $239,500 $65,200 $174,300
2019 $3,454 $239,500 $65,200 $174,300
2018 $3,391 $239,500 $65,200 $174,300
2017 $3,379 $251,900 $0 $0
2016 -- $238,600 $0 $0
2015 -- $225,300 $0 $0
2014 -- $212,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDHW2032130

Bright MLS

APN: 01-299719