NOT LISTED FOR SALE

7861 Patterson Way Hanover, MD 21076

Estimated Value: $511,000 - $542,031

-- Bed
2 Baths
2,154 Sq Ft
$245/Sq Ft Est. Value

About This Home

This home is located at 7861 Patterson Way, Hanover, MD 21076 and is currently estimated at $528,008, approximately $245 per square foot. 7861 Patterson Way is a home located in Anne Arundel County with nearby schools including Meade Heights Elementary School, MacArthur Middle School, and Meade High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 8, 2020
Sold by
Patel Sunny S and Patel Vaidehi
Bought by
Patel Sunny S and Patel Kinjal S
Current Estimated Value
$528,008

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Outstanding Balance
$337,225
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$190,783

Purchase Details

Closed on
Aug 12, 2016
Sold by
Nvr Inc
Bought by
Patel Sunny S and Patel Vaidehi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$409,082
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 8, 2016
Sold by
B & S/Eggerl Llc
Bought by
Nvr Inc
Source: Public Records

Range of Values:

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.

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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.

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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.

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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.

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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
Patel Sunny S -- Accommodation
Patel Sunny S $416,630 Stewart Title Guaranty Co
Nvr Inc $723,182 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Sunny S $380,000
Closed Patel Sunny S $409,082
Source: Public Records

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 $5,002 $464,700 $155,000 $309,700
2024 $5,002 $441,967 $0 $0
2023 $4,859 $419,233 $0 $0
2022 $4,143 $396,500 $135,000 $261,500
2021 $9,056 $396,500 $135,000 $261,500
2020 $4,487 $396,500 $135,000 $261,500
2019 $8,996 $409,200 $140,000 $269,200
2018 $4,057 $400,133 $0 $0
2017 $4,283 $391,067 $0 $0
2016 -- $38,500 $0 $0
Source: Public Records

Map

Maryland Anne Arundel County Hanover 21076

7861 Patterson Way, Hanover, MD

This home is located at 7861 Patterson Way, Hanover, MD 21076 and is currently estimated at $528,008, approximately $245 per square foot. 7861 Patterson Way is a home located in Anne Arundel County with nearby schools including Meade Heights Elementary School, MacArthur Middle School, and Meade High School.

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