NOT LISTED FOR SALE

7431 Baltimore Annapolis Blvd Glen Burnie, MD 21061

Estimated Value: $439,000 - $921,961

6 Beds
3 Baths
4,000 Sq Ft
$170/Sq Ft Est. Value

Last Sold June 01, 2018

Last sale price $325,000 $81 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $4,111/month

505 Days on Market

Highlights

  • Guest House
  • 0.34 Acre Lot
  • Traditional Floor Plan
  • Second Kitchen
  • Cape Cod Architecture
  • Wood Flooring

About This Home

As of June 2018

Fantastic Investor Property In Heart of Glen Burnie. Main House currently set up as 3 Separate Units. Hardwood Flrs, Fireplace, CAC & Gas Heat. Also, Separate Detached 2 Bdrm Rental House in Rear & 2 Car Garage. Over $4000/mo. Income Potential or Live In One & Rent the Others! Zoned C-2. Great for Law Office, Acct., Ins. Agency or Professional Office. 15+ Parking. Call Listing Broker for Details!

Last Agent to Sell the Property

Bill Beam

Beam Realty Group, Inc. Listed on: 12/01/2016

Last Buyer's Agent

Ivan Luka

Bethesda Realty Group LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,507

Year Built

  • Built in 1940 | Remodeled in 1999

Lot Details

  • 0.34 Acre Lot
  • The property's topography is level
  • Property is zoned C2, C2

Parking

  • 2 Car Detached Garage
  • Front Facing Garage
  • Rear-Facing Garage
  • Driveway
  • Off-Street Parking
  • Parking Space Conveys

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Fireplace Mantel
  • Insulated Windows
  • Living Room
  • Dining Room
  • Den
  • Utility Room
  • Wood Flooring

Kitchen

  • Second Kitchen
  • Eat-In Kitchen
  • Gas Oven or Range
  • Range Hood
  • Extra Refrigerator or Freezer

Bedrooms and Bathrooms

  • 6 Bedrooms | 2 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Partially Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Side Exterior Basement Entry
  • Space For Rooms

Outdoor Features

  • Brick Porch or Patio
  • Tenant House

Additional Homes

  • Guest House

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Glen Burnie Subdivision, Investor Special Floorplan

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 020532605753600

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,507

Year Built

Built in 1940 | Remodeled in 1999

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1940
  • Year Renovated: 1999
  • Remarks Public: Fantastic Investor Property In Heart of Glen Burnie. Main House currently set up as 3 Separate Units. Hardwood Flrs, Fireplace, CAC & Gas Heat. Also, Separate Detached 2 Bdrm Rental House in Rear & 2 Car Garage. Over $4000/mo. Income Potential or Live In One & Rent the Others! Zoned C-2. Great for Law Office, Acct., Ins. Agency or Professional Office. 15+ Parking. Call Listing Broker for Details!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Extra Refrigerator/Freezer, Oven/Range - Gas, Range Hood, Refrigerator
  • Interior Amenities: 2nd Kitchen, Kitchen - Table Space, Dining Area, Kitchen - Eat-In, Entry Level Bedroom, Wood Floors, Floor Plan - Traditional
  • Window Features: Insulated
  • Fireplace Features: Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Living Room
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 3, Bedroom 4, Kitchen, Laundry, Office, Utility Room, Bedroom 6
  • Basement: Yes
  • Basement Type: Outside Entrance, Side Entrance, Full, Heated, Improved, Partially Finished, Space For Rooms, Walkout Stairs
  • Living Area Units: Square Feet
  • Total Sq Ft: 4000
  • Living Area Sq Ft: 4000
  • Price Per Sq Ft: 113.00
  • Above Grade Finished Sq Ft: 3000
  • Below Grade Finished Sq Ft: 1000
  • Total Below Grade Sq Ft: 1000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7431

Beds/Baths

  • Bedrooms: 6
  • Main Level Bedrooms: 2
  • Lower Level Bedroom: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade, Guest House, Tenant House
  • Other Structures List: Guest House, Tenant House
  • Construction Materials: Brick, Combination, Vinyl Siding
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway, Garage, Parking Space Conveys
  • Garage Features: Garage - Rear Entry, Garage - Front Entry
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Off Street, Detached Garage

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Central, Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 113800.00
  • Land Assessed Value: 198700.00
  • Lot Size Acres: 0.34
  • Lot Size Area: 15000
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15000.00
  • Outdoor Living Structures: Brick
  • Property Attached Yn: No
  • Topography: Level
  • Year Assessed: 2016
  • Zoning: C2
  • Zoning Description: C2

Rental Info

  • Total Actual Rent: 48000.00
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15302461
  • Tax Annual Amount: 3507.38
  • Assessor Parcel Number: 020532605753600
  • Tax Lot: 5
  • Tax Total Finished Sq Ft: 2068
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016
  • Close Date: 06/01/2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2016
Closed on
Jun 1, 2018
Sold by
Griffith James E and Griffith Mary Beth
Bought by
Fenjing Financial Services Llc
Seller's Agent
Bill Beam
Beam Realty Group, Inc.
Buyer's Agent
Ivan Luka
Bethesda Realty Group LLC
List Price
$375,000
Sold Price
$325,000
Premium/Discount to List
-$50,000
-13.33%
Current Estimated Value
$680,481

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$355,481
Avg. Annual Appreciation
10.67%
Original Mortgage
$250,000
Outstanding Balance
$216,662
Interest Rate
4.5%
Mortgage Type
Commercial
Estimated Equity
$460,299

Purchase Details

Closed on
Dec 21, 1999
Sold by
Olson Donald R
Bought by
Griffith James E and Griffith Mary Beth

Purchase Details

Closed on
Apr 26, 1999
Sold by
Olson Sandra S
Bought by
Olson Donald R and Olson Sandra S
Source: Public Records

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
Fenjing Financial Services Llc $325,000 Maryland Title Center Llc
Griffith James E $275,000 --
Olson Donald R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fenjing Financial Services Llc $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2018 06/01/18 Sold $325,000 -4.1% $81 / Sq Ft
04/20/2018 04/20/18 Pending -- -- --
02/22/2018 02/22/18 Price Changed $339,000 -1.6% $85 / Sq Ft
01/10/2018 01/10/18 Price Changed $344,500 -0.1% $86 / Sq Ft
10/11/2017 10/11/17 Price Changed $344,900 -1.4% $86 / Sq Ft
07/18/2017 07/18/17 Price Changed $349,900 -2.8% $87 / Sq Ft
07/03/2017 07/03/17 Price Changed $360,000 -1.4% $90 / Sq Ft
05/01/2017 05/01/17 Price Changed $365,000 -1.3% $91 / Sq Ft
03/24/2017 03/24/17 Price Changed $369,900 -1.4% $92 / Sq Ft
12/01/2016 12/01/16 For Sale $375,000 -- $94 / 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 $4,839 $345,500 $251,200 $94,300
2024 $4,839 $345,467 $0 $0
2023 $4,772 $345,433 $0 $0
2022 $4,520 $345,400 $251,200 $94,200
2021 $9,039 $345,400 $251,200 $94,200
2020 $4,422 $345,400 $251,200 $94,200
2019 $4,707 $372,100 $250,000 $122,100
2018 $3,572 $352,233 $0 $0
2017 $4,024 $332,367 $0 $0
2016 -- $312,500 $0 $0
2015 -- $294,133 $0 $0
2014 -- $275,767 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000131607

Bright MLS

APN: 05-326-05753600