NOT LISTED FOR SALE

7540 Cove Point Way Elkridge, MD 21075

Estimated Value: $372,000 - $439,000

3 Beds
2.5 Baths
1,672 Sq Ft
$246/Sq Ft Est. Value

Last Sold June 06, 2012

Last sale price $69,000 $41 Per Sq Ft

Est. 497% increase in value since last sale

Current estimated payment $2,930/month

116 Days on Market

Highlights

  • Private Pool
  • Colonial Architecture
  • Community Basketball Court
  • Oakland Mills High School Rated A-
  • Clubhouse
  • 1 Car Attached Garage

About This Home

As of June 2012

Investor alert. Great price, minor work. Easy access to Baltimore and DC 3 Bedroom s, 2.5 baths

Last Agent to Sell the Property

Jose Bautista

RE/MAX Excellence Realty License #PB600761 Listed on: 12/16/2011

Co-Listed By

Renaire Rivers Sr

RE/MAX Excellence Realty License #518834

Last Buyer's Agent

Renaire Rivers Sr

RE/MAX Excellence Realty License #518834

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2002

Lot Details

  • 2,618 Sq Ft Lot
  • Ground Rent of $4,296 per year
  • Property is in below average condition
  • Property is zoned RMH

HOA Fees

  • $242 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • Gas Fireplace
  • Living Room
  • Dining Room
  • Open Floorplan

Kitchen

  • Stove
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • En-Suite Primary Bedroom
  • 2.5 Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • Private Pool

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 223
  • Assessor Parcel Number 1401301195
  • $48 Front Foot Fee per year

Community Details

Recreation

  • Community Basketball Court
  • Community Pool

Additional Features

  • Clubhouse

Home Details

Home Type

Single Family

Year Built

Built in 2002

Lot Details

0

HOA Fees

$242 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Ground Rent
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 2002
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Appliances: Disposal, Dryer, Refrigerator, Stove, Washer
  • Interior Amenities: Combination Kitchen/Dining, Combination Dining/Living
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Foyer
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Master Bedroom, Bedroom 2, Bedroom 3
  • Basement: No
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 1
  • Lower Level Bedroom: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Lower Level Half Bathrooms: 1

Exterior Features

  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community, Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Garage
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street, Attached Garage

Utilities

  • Refuse: 225.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 242.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Basketball Courts, Club House, Pool - Outdoor
  • HOA: Yes

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Improvement Assessed Value: 67780.00
  • Land Assessed Value: 178000.00
  • Lot Size Acres: 0.06
  • Lot Size Area: 2618
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2618.00
  • Property Condition: Below Average
  • Year Assessed: 2011
  • Zoning: RMH

Rental Info

  • Ground Rent Amt: 4296.00
  • Ground Rent Pymnt Freq: Annually
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15445777
  • Tax Annual Amount: 3570.64
  • Assessor Parcel Number: 1401301195
  • Tax Lot: 223
  • Tax Total Finished Sq Ft: 1672
  • County Tax Payment Frequency: Annually
  • Tax Year: 2010
  • Close Date: 06/06/2012

Multi Family

  • Front Foot Fee: 48.50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 26, 2018
Sold by
Corridor I Limited Partnership
Bought by
Civic Sandra
Total Days on Market
116
Current Estimated Value
$411,893

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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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
Civic Sandra $93,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Civic Sandra $280,000
Closed Civic Sandra $136,100
Closed Civic Sandra $93,000
Closed Civic Sandra $93,000
Previous Owner Corridor I Limites Partnership $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2012 06/06/12 Sold $69,000 0.0% $41 / Sq Ft
04/10/2012 04/10/12 Pending -- -- --
04/04/2012 04/04/12 Price Changed $69,000 -6.8% $41 / Sq Ft
04/01/2012 04/01/12 For Sale $74,000 +7.2% $44 / Sq Ft
03/31/2012 03/31/12 Off Market $69,000 -- --
01/12/2012 01/12/12 Price Changed $74,000 -7.4% $44 / Sq Ft
12/20/2011 12/20/11 For Sale $79,900 +15.8% $48 / Sq Ft
12/17/2011 12/17/11 Off Market $69,000 -- --
12/16/2011 12/16/11 For Sale $79,900 -- $48 / 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
2024 $4,614 $315,233 $0 $0
2023 $4,321 $294,200 $70,000 $224,200
2022 $4,150 $282,300 $0 $0
2021 $3,893 $270,400 $0 $0
2020 $3,808 $258,500 $65,200 $193,300
2019 $3,658 $253,667 $0 $0
2018 $3,520 $248,833 $0 $0
2017 $3,300 $244,000 $0 $0
2016 -- $232,867 $0 $0
2015 -- $221,733 $0 $0
2014 -- $210,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004655286

Bright MLS

APN: 01-301195