NOT LISTED FOR SALE

7502 Terrain Ct Hanover, MD 21076

Severn Area

Estimated Value: $710,615

5 Beds
3.5 Baths
3,159 Sq Ft
$225/Sq Ft Est. Value

Sale Details

Date Sold: November 17, 2023

Last sale price $650,000 $206 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,445 / mo

12 Days on Market

Highlights

  • Colonial Architecture
  • 2 Car Attached Garage
  • Heat Pump System
  • 1 Fireplace
  • Central Air

About This Home

As of November 2023

MOVE IN READY 5 BEDROOMS 3.5 BATHROOMS SINGLE FAMILY HOME IN ARUNDEL RIDGE. OPEN FAMILY ROOM WITH UPGRADED KITCHEN. FLOOR PLAN FEATURES SEPARATE DINNING ROOM. NEW PAINT IN ALL BEDROOMS, FINISHED BASEMENT WITH FULL BATH AND LARGE BEDROOM.
THE MAIN LEVEL INCLUDE HARDWOOD FLOORS AND NEW CARPET IN ALL BEDROOMS.
HOME COMES WITH ENERGY-EFFICIENT VIA A TRANSFERABLE RENTAL SOLAR PANEL EARNING A GREEN EFFECT RATING WHILE PROVIDING ADDITIONAL ENERGY SAVINGS THROUGHOUT. 2 CAR GARAGE AND FANTASTIC CUL-DE-SAC LOCATION IN A QUIET NEIGHBORHOOD . CONVENIENTLY PLACED BETWEEN BALTIMORE AND DC, MINUTES FROM MAJOR COMMUTER ROUTES. THE REST OF THE PHOTOES WILL BE OUT SOON.

Last Agent to Sell the Property

Felicia Akande

(410) 730-6100 felimag2005@yahoo.com RE/MAX Realty Group License #604994 Listed on: 09/23/2023

RE/MAX Realty Group

Last Buyer's Agent

John Oluyemi

(443) 542-2251 johnday009@gmail.com Samson Properties License #646727

Samson Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,883

Year Built

  • Built in 2006

Lot Details

  • 7,840 Sq Ft Lot

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Block Foundation
  • Shingle Siding

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Finished Basement

Bedrooms and Bathrooms

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • Property has a Home Owners Association
  • Arundel Ridge Subdivision

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 020406390220105

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,883

Year Built

Built in 2006

Lot Details

7,840 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2023-09-29
  • Year Built: 2006
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 3886
  • Living Area Sq Ft: 3159
  • Price Per Sq Ft: 261.63
  • Above Grade Finished Sq Ft: 2484
  • Below Grade Finished Sq Ft: 675
  • Below Grade Sq Ft: 727
  • Total Below Grade Sq Ft: 1402
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • All Lower Level Bedrooms: 1
  • 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
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Shingle Siding
  • 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
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Other
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Unknown
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.18
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7840.00
  • Zoning: R
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5883.00
  • Assessor Parcel Number: 020406390220105
  • Tax Lot: 16
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2023
Closed on
Nov 17, 2023
Sold by
Bought by
Seller's Agent
Felicia Akande
RE/MAX Realty Group
Buyer's Agent
John Oluyemi
Samson Properties
List Price
$649,900
Sold Price
$650,000
Premium/Discount to List
$100
0.02%
Views
303
Current Estimated Value
$710,615

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,615
Avg. Annual Appreciation
3.38%
Original Mortgage
$617,500
Outstanding Balance
$601,848
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$108,767

Purchase Details

Closed on
Mar 24, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,717
Interest Rate
6.28%
Mortgage Type
Stand Alone Second
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$650,000 Commonwealth Land Title
$588,585 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $617,500
Previous Owner $117,717
Previous Owner $470,868
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/17/2023 11/17/23 Sold $650,000 0.0% $206 / Sq Ft
11/07/2023 11/07/23 Price Changed $649,900 0.0% $206 / Sq Ft
10/05/2023 10/05/23 Pending -- -- --
09/23/2023 09/23/23 For Sale $649,900 -- $206 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $7,003 $625,400 $178,600 $446,800
2024 $7,003 $593,700 $0 $0
2023 $5,936 $562,000 $0 $0
2022 $5,535 $530,300 $158,600 $371,700
2020 $5,295 $507,033 $0 $0
2019 $5,202 $495,400 $136,700 $358,700
2018 $4,800 $473,367 $0 $0
2017 $4,860 $451,333 $0 $0
2016 -- $429,300 $0 $0
2015 -- $429,300 $0 $0
2014 -- $429,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA2066306

Bright MLS

APN: 04-063-90220105

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