NOT LISTED FOR SALE

7531 Pelham Way Hanover, MD 21076

Estimated Value: $597,000 - $726,000

3 Beds
3.5 Baths
3,080 Sq Ft
$211/Sq Ft Est. Value

Last Sold July 23, 2021

Last sale price $540,000 $175 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,973/month

Highlights

  • Private Pool
  • Colonial Architecture
  • Wood Flooring
  • Open Floorplan
  • Recreation Room
  • Upgraded Countertops

About This Home

As of August 2021

Welcome to 3100 sqft, 3-level Brick Front and Side End Unit townhome, a tree-lined neighborhood located in the sought-after community of Parkside. This home has a 2 car garage, 10 Ft ceilings on the main level, hardwood floors throughout the main level, and the stairs to the upper-level landing area. This townhome delivers a sophisticated luxury and a low-maintenance lifestyle. As you enter this home, you are greeted on the lower level, where a two-car garage leads to a generous recreation room with a full bathroom. The upstairs features a spacious living room gleaming with authentic hardwood flooring and sun-loving with its multiple double pane windows. The gourmet kitchen with 42'' Cherry Wood cabinets and recessed lights have high-efficiency appliances ideal for the at-home cook or experienced chef. The cook will enjoy a 5 burner gas cooktop stove with a range, wall oven, built-in microwave and not to compromise, a 10 ft infinity kitchen island; large enough to seat 6! There is also a dinette, great for extra seating or formal dining. Just beyond the kitchen is a comfortable living room surround by natural light. The living room leads to a set of French doors leading to the Trex deck perfect for an outdoor living space. The upper level features a spacious primary suite with a tray ceiling, generous size two walk-in closets, and a bank of windows. The ensuite offers a double vanity bowl, plenty of cabinet drawers and a separate frameless shower, a large bathtub, and a private bathroom. This home also includes two large additional bedrooms, each with closets, a shared bathroom, a side-by-side washer/dryer closet, and even more storage. This community has an expansive network of walking trails, a large community pool, clubhouse, fitness center, nature park, and event lawn space. This home has all you will need to be comfortable working from home, school, and play! Accessible to major routes I-295, Rt.175, Rt. 32, conveniently located next to Ft. Meade, and NSA. Just minutes from Arundel Mills shopping center, recreation, dining, and shopping. Do not miss this opportunity-Call and schedule your tour today!

Last Agent to Rent the Property

Raghava Pallapolu

(703) 517-6799 rpallapolu@yahoo.com Fairfax Realty 50/66 LLC License #0225081466 Listed on: 07/24/2021

Fairfax Realty 50/66 LLC

Last Renter's Agent

Raghava Pallapolu

(703) 517-6799 rpallapolu@yahoo.com Fairfax Realty 50/66 LLC License #0225081466 Listed on: 07/24/2021

Fairfax Realty 50/66 LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,636

Year Built

  • Built in 2015

Lot Details

  • 2,430

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Brick Front

Interior Spaces

  • 3,080 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Crown Molding
  • Window Treatments
  • Living Room
  • Dining Room
  • Recreation Room
  • Wood Flooring

Kitchen

  • Gas Oven or Range
  • Microwave
  • ENERGY STAR Qualified Refrigerator
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Front Basement Entry

Utilities

  • Central Air
  • Heat Pump System
  • Natural Gas Water Heater

Additional Features

  • Private Pool
  • 2,430 Sq Ft Lot

Listing and Financial Details

  • Residential Lease
  • Security Deposit $3,395
  • No Smoking Allowed
  • 12-Month Min and 36-Month Max Lease Term
  • Available 7/24/21
  • $50 Application Fee
  • Assessor Parcel Number 020442090239596

Community Details

Overview

  • Property has a Home Owners Association
  • Parkside Subdivision

Pet Policy

  • No Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,636

Year Built

Built in 2015

Lot Details

0

Parking

2

Rental Info

  • Date Available: 2021-07-24
  • Application Fee: 50.00
  • Pets Allowed: No
  • Security Deposit: 3395.00
  • Smoking Allowed Yn: No
  • Vacation Rental: No
  • Max Lease in Months: 36
  • Min Lease in Months: 12
  • Rent Spree Online Application: No

Listing Details

  • Property Type: Residential Lease
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Colonial
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 2015
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal, Energy Star Refrigerator, Icemaker, Microwave, Oven/Range - Gas, Washer, Dryer
  • Interior Amenities: Dining Area, Upgraded Countertops, Crown Moldings, Window Treatments, Wood Floors, Floor Plan - Open
  • Fireplace: No
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Recreation Room
  • Basement: Yes
  • Basement Type: Front Entrance, Outside Entrance, Fully Finished, Walkout Level
  • Total Sq Ft: 3080
  • Living Area Sq Ft: 3080
  • Price Per Sq Ft: 1.10
  • Above Grade Finished Sq Ft: 3080
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • 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: Brick Front
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Concrete Driveway
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

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

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.06
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2430.00
  • Property Attached Yn: Yes
  • Zoning: MXDR
  • In City Limits: No

Tax Info

  • Assessor Parcel Number: 15473179
  • Assessor Parcel Number: 020442090239596

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2021
Closed on
Jul 20, 2021
Sold by
Chun Randy
Bought by
Thumula Sandeep and Thumula Sunitha
Seller's Agent
Raghava Pallapolu
Fairfax Realty 50/66 LLC
Buyer's Agent
Raghava Pallapolu
Fairfax Realty 50/66 LLC
Sold Price
$3,300
Current Estimated Value
$649,613

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$646,313
Avg. Annual Appreciation
4.32%
Original Mortgage
$395,000
Outstanding Balance
$356,162
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$293,451

Purchase Details

Closed on
Aug 4, 2015
Sold by
Nvr Inc
Bought by
Chun Rudy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$402,195
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 16, 2015
Sold by
B & S/Eggerl Llc
Bought by
Nvr Inc
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
Thumula Sandeep $540,000 Realty Title Services Inc
Chun Rudy $502,745 Stewart Title Guaranty Co
Nvr Inc $1,046,692 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thumula Sandeep $395,000
Previous Owner Chun Rudy $402,195
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/01/2021 08/01/21 Rented $3,300 -2.8% --
07/25/2021 07/25/21 Under Contract -- -- --
07/24/2021 07/24/21 For Rent $3,395 0.0% --
07/23/2021 07/23/21 Sold $540,000 -0.9% $175 / Sq Ft View Prior Sale
06/05/2021 06/05/21 Pending -- -- --
05/07/2021 05/07/21 Price Changed $545,000 -4.2% $177 / Sq Ft
04/21/2021 04/21/21 For Sale $569,000 0.0% $185 / Sq Ft
08/14/2019 08/14/19 Rented $3,000 0.0% --
08/01/2019 08/01/19 Price Changed $3,000 0.0% $1 / Sq Ft
08/01/2019 08/01/19 For Rent $3,000 -- --
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 $6,636 $596,700 $155,000 $441,700
2024 $6,636 $565,067 $0 $0
2023 $6,247 $533,433 $0 $0
2022 $5,625 $501,800 $135,000 $366,800
2021 $5,629 $501,800 $135,000 $366,800
2020 $5,347 $501,800 $135,000 $366,800
2019 $10,329 $517,900 $140,000 $377,900
2018 $4,989 $491,967 $0 $0
2017 $4,864 $466,033 $0 $0
2016 -- $440,100 $0 $0
2015 -- $32,667 $0 $0
2014 -- $26,833 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDAA2004718

Bright MLS

APN: 04-420-90239596