NOT LISTED FOR SALE

7609 N Point Rd Sparrows Point, MD 21219

Estimated Value: $389,000 - $487,000

8 Beds
3.5 Baths
1,860 Sq Ft
$231/Sq Ft Est. Value

Last Sold September 25, 2013

Last sale price $193,000 $104 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $2,732/month

Highlights

  • Cape Cod Architecture
  • No HOA
  • Shed
  • Attic
  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of September 2013

Fantastic opportunity to buy 2 houses for the price of 1. Main house has 5 bedrooms and 1.5 baths. Rear house has 2 apartments with separate entrances. This is a Fannie Mae homepath property. Purchase this property for as little as 3% down! This property is approved for Fannie Mae Homepath Mortgage Financing. This property is approved for Fannie Mae Homepath Renovation Mortgage Financing.

Last Agent to Sell the Property

Mike Farabaugh

(772) 486-3233 michael.farabaugh@exprealty.com EXP Realty, LLC License #528754 Listed on: 06/27/2013

EXP Realty, LLC

Last Buyer's Agent

Eugene Rodriguez

(410) 456-8760 gene@leetessier.com EXP Realty, LLC

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1941

Lot Details

  • 10,000 Sq Ft Lot

Parking

  • 1 Car Detached Garage
  • Off-Street Parking

Home Design

  • Cape Cod Architecture
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • Combination Kitchen and Dining Room
  • Attic

Bedrooms and Bathrooms

  • 8 Bedrooms | 2 Main Level Bedrooms
  • 3.5 Bathrooms

Outdoor Features

  • Shed
  • Tenant House

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 250
  • Assessor Parcel Number 04151502002880

Home Details

Home Type

Single Family

Year Built

Built in 1941

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Ground Rent
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1941
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Attic, Combination Kitchen/Dining, Dining Area
  • Fireplace: No
  • Levels Count: 2
  • Basement: No
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 8
  • Main Level Bedrooms: 2
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures List: Shed, Tenant House
  • Construction Materials: Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 158200.00
  • Land Assessed Value: 74500.00
  • Lot Size Acres: 0.23
  • Lot Size Area: 10000
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10000.00

Rental Info

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

Tax Info

  • Assessor Parcel Number: 11881019
  • Tax Annual Amount: 5114.3
  • Assessor Parcel Number: 04151502002880
  • Tax Lot: 250
  • County Tax Payment Frequency: Annually
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 12, 2015
Sold by
Oettel Timothy and Oettel Karla
Bought by
Oettel Timothy
Current Estimated Value
$443,662

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,000
Outstanding Balance
$141,934
Interest Rate
3.66%
Mortgage Type
New Conventional
Estimated Equity
$288,653

Purchase Details

Listed on
Jun 27, 2013
Closed on
Sep 23, 2013
Sold by
Fannie Mae
Bought by
Oettel Timothy and Oettel Karla
Seller's Agent
Mike Farabaugh
EXP Realty, LLC
Buyer's Agent
Eugene Rodriguez
EXP Realty, LLC
List Price
$194,900
Sold Price
$193,000
Premium/Discount to List
-$1,900
-0.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.86%
Original Mortgage
$154,400
Interest Rate
4.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2013
Sold by
Ballerstadt Leonard B
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 27, 2004
Sold by
Ballerstadt Pauline M
Bought by
Ballerstadt Leonard B and Ballerstadt Connie G

Purchase Details

Closed on
Sep 13, 2004
Sold by
Ballerstadt Pauline M
Bought by
Ballerstadt Leonard B and Ballerstadt Connie G
Source: Public Records

Range of Values:

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Average Value
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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
Oettel Timothy -- Endeavor Title Llc
Oettel Timothy $193,000 Signature Title
Federal National Mortgage Association $245,000 None Available
Ballerstadt Leonard B -- --
Ballerstadt Leonard B -- --
Ballerstadt Leonard B -- --
Ballerstadt Leonard B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oettel Timothy $186,000
Previous Owner Oettel Timothy $154,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2013 09/25/13 Sold $193,000 -1.0% $104 / Sq Ft
07/26/2013 07/26/13 Pending -- -- --
06/27/2013 06/27/13 For Sale $194,900 -- $105 / 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
2025 $4,922 $372,400 -- --
2024 $4,922 $345,300 $0 $0
2023 $2,302 $318,200 $74,500 $243,700
2022 $3,335 $296,167 $0 $0
2021 $3,847 $274,133 $0 $0
2020 $3,055 $252,100 $74,500 $177,600
2019 $2,999 $247,467 $0 $0
2018 $4,447 $242,833 $0 $0
2017 $3,408 $238,200 $0 $0
2016 $4,658 $236,367 $0 $0
2015 $4,658 $234,533 $0 $0
2014 $4,658 $232,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mike Farabaugh

    Seller's Agent in 2013

    Mike Farabaugh

    EXP Realty, LLC

    (772) 486-3233

    51 Total Sales

    Mike Farabaugh
    Section Image

  • E

    Buyer's Agent in 2013

    Eugene Rodriguez

    EXP Realty, LLC

    (410) 456-8760

    10 Total Sales

    Eugene Rodriguez
    Section Image
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Map

Source: Bright MLS

MLS Number: 1003591594

Bright MLS

APN: 15-1502002880

Maryland Baltimore County Sparrows Point 21219

7609 N Point Rd, Sparrows Point, MD

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