7503 Merrymaker Way Elkridge, MD 21075
Estimated Value: $504,000 - $554,000
3
Beds
4
Baths
2,192
Sq Ft
$242/Sq Ft
Est. Value
About This Home
This home is located at 7503 Merrymaker Way, Elkridge, MD 21075 and is currently estimated at $529,629, approximately $241 per square foot. 7503 Merrymaker Way is a home located in Howard County with nearby schools including Bellows Spring Elementary School, Mayfield Woods Middle School, and Long Reach High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 5, 2020
Sold by
Choi Stephen Yoon Bum and Choi Dong Kun
Bought by
Choi Stephen Yoon Bum
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,000
Outstanding Balance
$242,819
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$286,810
Purchase Details
Closed on
Sep 30, 2005
Sold by
Quraishi Ali M
Bought by
Choi Yoon Bum and Choidong Kun
Purchase Details
Closed on
Sep 29, 1997
Sold by
Newport Homes Llc
Bought by
Quraishi Ali M and Quraishi Rahela
Purchase Details
Closed on
May 30, 1997
Sold by
Security Development Corporation
Bought by
Newport Homes Llc
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Choi Stephen Yoon Bum | -- | Smart Settlements Llc | |
| Choi Yoon Bum | $390,000 | -- | |
| Quraishi Ali M | $168,065 | -- | |
| Newport Homes Llc | $181,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Choi Stephen Yoon Bum | $273,000 | |
| Closed | Quraishi Ali M | -- |
Source: Public Records
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 | $6,583 | $463,033 | $0 | $0 |
| 2024 | $6,583 | $414,867 | $0 | $0 |
| 2023 | $5,796 | $366,700 | $140,000 | $226,700 |
| 2022 | $5,722 | $364,333 | $0 | $0 |
| 2021 | $5,688 | $361,967 | $0 | $0 |
| 2020 | $5,654 | $359,600 | $108,700 | $250,900 |
| 2019 | $5,105 | $354,000 | $0 | $0 |
| 2018 | $5,184 | $348,400 | $0 | $0 |
| 2017 | $4,840 | $342,800 | $0 | $0 |
| 2016 | -- | $326,200 | $0 | $0 |
| 2015 | -- | $309,600 | $0 | $0 |
| 2014 | -- | $293,000 | $0 | $0 |
Source: Public Records
Map
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