NOT LISTED FOR SALE

7616 Bear Forest Rd Hanover, MD 21076

Estimated Value: $574,000 - $625,000

4 Beds
3.5 Baths
2,578 Sq Ft
$234/Sq Ft Est. Value

Last Sold November 14, 2023

Last sale price $555,000 $215 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,719/month

2 Days on Market

Highlights

  • In Ground Pool
  • 0.38 Acre Lot
  • Colonial Architecture
  • View of Trees or Woods
  • Open Floorplan
  • Backs to Trees or Woods

About This Home

As of November 2023

This home is a true gem, boasting a combination of modern upgrades and spacious living spaces. As you approach, you'll notice the brand new roof, which not only enhances the home's curb appeal but also offers peace of mind to its lucky owners.
Step inside, and you'll be greeted by a beautifully remodeled kitchen that's sure to be the heart of the home. The kitchen features stunning quartz countertops that provide both elegance and functionality. New cabinets offer ample storage space, and the addition of a kitchen island with additional wine fridge. The luxury vinyl plank flooring throughout the main level is not only visually appealing but also easy to maintain.
The entire main level has been freshly painted, creating a clean and inviting atmosphere. One of the standout features of this home is the large sunroom addition, which floods the interior with natural light and provides a versatile space for relaxation or entertainment.
The outdoor area is a paradise in itself, with an inviting in-ground pool that promises endless hours of enjoyment during the warm Maryland summers. The property is set on a beautiful private lot, ensuring your privacy and creating a serene oasis.
As you explore the home further, you'll find four generously sized bedrooms, making it ideal for families of all sizes and ages. Upstairs, new carpeting has been installed for added comfort. The remodeled full bathrooms are tastefully done and offer modern amenities.
The finished basement is a fantastic addition, providing extra living space and featuring an additional full bathroom for convenience. Additionally, the laundry area with lots of storage ensures that organization and functionality are a top priority in this home.
This home is a remarkable find for anyone looking for a blend of modern upgrades, spacious living, and outdoor enjoyment. It's the perfect place to create lasting memories and enjoy the comforts of modern living in a private and beautiful setting.

Last Agent to Sell the Property

Tony Zowd

Coldwell Banker Realty License #602313 Listed on: 10/02/2023

Co-Listed By

Erica Terry

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Chang Kim

Summit Realty, Inc. License #325231

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,567

Year Built

  • Built in 1994

Lot Details

  • 0.38 Acre Lot
  • Back Yard Fenced
  • Backs to Trees or Woods
  • Property is zoned R2

HOA Fees

  • $19 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 4 Driveway Spaces
  • Front Facing Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Permanent Foundation
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Skylights
  • Recessed Lighting
  • Family Room Off Kitchen
  • Dining Area
  • Views of Woods
  • Finished Basement

Kitchen

  • Breakfast Area or Nook
  • Gas Oven or Range
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Shed

Location

  • Suburban Location

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • Ridge Forest HOA
  • Ridge Forest Subdivision

Listing and Financial Details

  • Tax Lot 51
  • Assessor Parcel Number 020465790082989
  • $380 Front Foot Fee per year

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,567

Year Built

Built in 1994

Lot Details

0

HOA Fees

$19 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2023-10-02
  • Federal Flood Zone: No
  • Year Built: 1994
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Refrigerator, Washer, Dryer, Oven/Range - Gas
  • Interior Amenities: Breakfast Area, Family Room Off Kitchen, Dining Area, Floor Plan - Open, Kitchen - Island, Walk-In Closet(s), Upgraded Countertops, Skylight(s), Recessed Lighting
  • Fireplace: No
  • Foundation Details: Permanent
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Fully Finished
  • Laundry Type: Lower Floor
  • Total Sq Ft: 2578
  • Living Area Sq Ft: 2578
  • Price Per Sq Ft: 273.77
  • Above Grade Finished Sq Ft: 1826
  • Below Grade Finished Sq Ft: 752
  • Total Below Grade Sq Ft: 752
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7616

Beds/Baths

  • Bedrooms: 4
  • 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
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Brick, Vinyl Siding
  • Pool Features: In Ground
  • View: Trees/Woods
  • 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 - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 4

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: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 230.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Name: RIDGE FOREST HOA
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
  • School District Key: 121140671932
  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Fencing: Fully, Rear
  • Land Use Code: R
  • Lot Features: Backs To Trees
  • Lot Size Acres: 0.38
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 16492.00
  • Year Assessed: 2023
  • Zoning: R2
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4567.00
  • Assessor Parcel Number: 020465790082989
  • Tax Lot: 51
  • Tax Total Finished Sq Ft: 1661
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 11/14/2023

Multi Family

  • Front Foot Fee: 380.00

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2023
Closed on
Nov 14, 2023
Sold by
Martinez Charles J and Martinez Mary Katheryn
Bought by
Kim Unjoo and Kim Soo Hyun
Seller's Agent
Tony Zowd
Coldwell Banker Realty
Buyer's Agent
Chang Kim
Summit Realty, Inc.
List Price
$499,900
Sold Price
$555,000
Premium/Discount to List
$55,100
11.02%
Views
782
Current Estimated Value
$603,141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,141
Avg. Annual Appreciation
3.58%
Original Mortgage
$444,000
Interest Rate
7.49%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 31, 2022
Closed on
Dec 6, 2022
Sold by
Indymac Indx Mortgage Loan Trust
Bought by
Martinez Charles J and Martinez Mary Katheryn
Seller's Agent
Val Laborevitch
RealHome Services and Solutions, Inc.
Buyer's Agent
Jennifer Habte
Coldwell Banker Realty
List Price
$507,200
Sold Price
$447,300
Premium/Discount to List
-$59,900
-11.81%
Views
126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.78%
Original Mortgage
$424,935
Interest Rate
6.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 21, 2020
Sold by
Hebron Raynard E
Bought by
Deutsche Bank National Trust Company and Indymac Indx Mortgage Loan Tr 2007 Ar19

Purchase Details

Closed on
Aug 31, 2000
Sold by
Liccardo Donna M
Bought by
Hebron Raynard E

Purchase Details

Closed on
Sep 10, 1998
Sold by
Liccardo Donna M
Bought by
Liccardo Donna M and Gentry Edward

Purchase Details

Closed on
Oct 20, 1994
Sold by
Nvr Homes Inc
Bought by
Liccardo Donna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,650
Interest Rate
8.49%

Purchase Details

Closed on
May 24, 1994
Sold by
Forest Ridge Lp
Bought by
Nvr Homes Inc
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
Kim Unjoo $555,000 Amerikor Title
Martinez Charles J $447,300 --
Deutsche Bank National Trust Company $300,000 None Available
Hebron Raynard E $250,000 --
Liccardo Donna M $102,293 --
Liccardo Donna M $179,100 --
Nvr Homes Inc $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Unjoo $480,000
Closed Kim Unjoo $444,000
Previous Owner Martinez Charles J $424,935
Previous Owner Hebron Raynard E $476,000
Previous Owner Hebron Raynard E $412,500
Previous Owner Hebron Raynard E $358,500
Previous Owner Nvr Homes Inc $182,650
Closed Liccardo Donna M --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2023 11/14/23 Sold $555,000 +11.0% $215 / Sq Ft
10/05/2023 10/05/23 Pending -- -- --
10/02/2023 10/02/23 For Sale $499,900 +11.8% $194 / Sq Ft
12/27/2022 12/27/22 Sold $447,300 +8.2% $245 / Sq Ft
11/17/2022 11/17/22 Pending -- -- --
11/07/2022 11/07/22 Price Changed $413,400 -5.0% $226 / Sq Ft
10/05/2022 10/05/22 Price Changed $435,100 -5.0% $238 / Sq Ft
08/31/2022 08/31/22 Price Changed $457,900 -5.0% $251 / Sq Ft
07/30/2022 07/30/22 Price Changed $481,900 -5.0% $264 / Sq Ft
07/21/2022 07/21/22 For Sale $507,200 0.0% $278 / Sq Ft
07/19/2022 07/19/22 Pending -- -- --
06/22/2022 06/22/22 Price Changed $507,200 -5.0% $278 / Sq Ft
06/10/2022 06/10/22 For Sale $533,800 0.0% $292 / Sq Ft
06/08/2022 06/08/22 Pending -- -- --
05/03/2022 05/03/22 Price Changed $533,800 -5.0% $292 / Sq Ft
03/31/2022 03/31/22 For Sale $561,800 -- $308 / 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 $5,269 $450,800 $161,800 $289,000
2024 $5,269 $435,333 $0 $0
2023 $5,059 $419,867 $0 $0
2022 $4,656 $404,400 $151,800 $252,600
2021 $9,117 $395,067 $0 $0
2020 $3,446 $385,733 $0 $0
2019 $6,632 $376,400 $121,800 $254,600
2018 $3,735 $368,367 $0 $0
2017 $3,155 $360,333 $0 $0
2016 -- $352,300 $0 $0
2015 -- $350,300 $0 $0
2014 -- $348,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA2070382

Bright MLS

APN: 04-657-90082989