NOT LISTED FOR SALE

7555 Harmans Rd Harmans, MD 21077

Estimated Value: $492,661

1.31 Acres
$376,077 Price per Acre
57,064 Sq Ft Lot

Last Sold February 22, 2021

Last sale price $400,000

Est. 23% increase in value since last sale

Current estimated payment $2,992/month

191 Days on Market

About This Lot

As of February 2021

MIXED R2 PROPERTY ON OVER 1.3 ACRES, PERMITTED TO BUILD 4 UNITS UPPER RESIDENTIAL, 4 UNITS LOWER LEVEL COMMERCIAL, TOTAL OF 8,814 SQ.FT. BUILDING FOR SALE. COMPLETE BUILDING PLANS AND SITE DEVELOPMENT PLAN CONVEYS TO PURCHASER. LOCATED MINUTES TO ALL MAJOR HI WAYS, BWI AIRPORT. SURROUNDING AREA IS GROWING RAPID FAST PACE WITH NEW HOMES AND BUSINESSES SPEAKS EXCELLENT INVESTMENT OPPORTUNITY.

Last Agent to Sell the Property

Soon Park

(410) 484-0004 spark228@gmail.com Crown Real Estate, LLC. Listed on: 07/15/2020

Last Buyer's Agent

Soon Park

(410) 484-0004 spark228@gmail.com Crown Real Estate, LLC. Listed on: 07/15/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,939

Lot Details

  • 1.31 Acre Lot
  • Property is zoned C2, MIXED USE 4 RESIDENTIAL UNITS UPPER LEVEL AND 4 COMMERCIAL UNITS GROUND LEVEL.

Utilities

  • Public Hookup Available For Sewer
  • Municipal Trash

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 020400090072043

Property Details

Property Type

Land

Est. Annual Taxes

$4,939

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Investment, Mixed
  • Historic: No
  • Inclusions: SITE DEVELPMENT PLAN, FLOOR PLAN
  • New Construction: No
  • Automatically Close On Close Date: Yes
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 8.74

Exterior Features

  • Construction Completed: No
  • View: Street
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: No
  • Sewer/Septic System: Public Hook/Up Avail
  • Water Source: Public Hook-Up Available
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Lot Size Acres: 1.31
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 57064.00
  • Zoning: C2
  • Zoning Description: MIXED USE 4 RESIDENTIAL UNITS UPPER LEVEL AND 4 COMMERCIAL UNITS GROUND LEVEL.
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 15267959
  • Tax Annual Amount: 4939.00
  • Assessor Parcel Number: 020400090072043
  • Tax Lot: 4
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2020
Closed on
Feb 26, 2021
Sold by
Marlyn Inc
Bought by
Kjs Investments Llc
Seller's Agent
Soon Park
Crown Real Estate, LLC.
Buyer's Agent
Soon Park
Crown Real Estate, LLC.
List Price
$499,000
Sold Price
$400,000
Premium/Discount to List
-$99,000
-19.84%
Current Estimated Value
$492,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,661
Avg. Annual Appreciation
4.45%
Original Mortgage
$300,000
Outstanding Balance
$268,929
Interest Rate
2.7%
Mortgage Type
Commercial
Estimated Equity
$223,732

Purchase Details

Closed on
Aug 30, 2017
Sold by
S Sweet Properties Llc
Bought by
Marlyn Inc

Purchase Details

Closed on
Feb 25, 2008
Sold by
Haas Peter
Bought by
S Sweet Properties Llc

Purchase Details

Closed on
Feb 8, 2008
Sold by
Haas Peter
Bought by
S Sweet Properties Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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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
Kjs Investments Llc $400,000 Land Services Usa Inc
Marlyn Inc $160,000 None Available
S Sweet Properties Llc $70,000 --
S Sweet Properties Llc $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kjs Investments Llc $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/22/2021 02/22/21 Sold $400,000 -19.8% --
01/22/2021 01/22/21 Pending -- -- --
07/15/2020 07/15/20 For Sale $499,000 -- --
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 $4,929 $448,300 $448,300 --
2024 $4,929 $448,300 $448,300 $0
2023 $4,914 $448,300 $448,300 $0
2022 $4,703 $448,300 $448,300 $0
2021 $9,370 $446,633 $0 $0
2020 $196,613 $444,967 $0 $0
2019 $4,660 $443,300 $443,300 $0
2018 $4,180 $412,233 $0 $0
2017 $3,613 $381,167 $0 $0
2016 -- $350,100 $0 $0
2015 -- $314,067 $0 $0
2014 -- $278,033 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Soon Park

    Seller's Agent in 2021

    Soon Park

    Crown Real Estate, LLC.

    (410) 484-0004

    4 in this area

    24 Total Sales

    Soon Park
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Map

Source: Bright MLS

MLS Number: MDAA440392

Bright MLS

APN: 04-000-90072043

Maryland Anne Arundel County Harmans 21076

7555 Harmans Rd, Harmans, MD

Not Listed for Sale

Lots

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