NOT LISTED FOR SALE

7875 Leymar Rd Glen Burnie, MD 21060

Estimated Value: $479,000 - $568,000

6 Beds
2 Baths
2,072 Sq Ft
$246/Sq Ft Est. Value

Last Sold April 09, 2020

Last sale price $330,000 $159 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $3,124/month

Highlights

  • Home fronts navigable water
  • Rambler Architecture
  • No HOA
  • Water Access
  • Combination Kitchen and Living
  • Family Room Off Kitchen

About This Home

As of April 2020

Two legal WATERFRONT dwellings in one building! The possibilities are endless: rent out both 3 bed/ 1 bath apartments, live in one and rent out the other or this can work for multi-generational living and each family can have their own living space and kitchen. Buyers are welcome to get a home inspection, but the seller will not make repairs. Agents: check the document section for the Multiple Dwelling License valid through 1/31/2021.

Last Agent to Sell the Property

Diane Mallare

(410) 279-3868 diane.mallare@gmail.com Taylor Properties License #633724 Listed on: 02/05/2020

Taylor Properties

Last Buyer's Agent

Alicia Schline GRI

(443) 306-8735 aliciaschline.realtor@gmail.com Berkshire Hathaway HomeServices PenFed Realty License #639691

Berkshire Hathaway HomeServices PenFed Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,139

Year Built

  • Built in 1979

Lot Details

  • 9,904 Sq Ft Lot
  • Home fronts navigable water
  • Creek or Stream
  • Property is zoned R5

Parking

  • Driveway

Home Design

  • Rambler Architecture
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • Family Room Off Kitchen
  • Combination Kitchen and Living

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom

Basement

  • Walk-Out Basement
  • Basement with some natural light

Outdoor Features

  • Water Access

Schools

  • Point Pleasant Elementary School
  • Marley Middle School
  • Glen Burnie High School

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • No Home Owners Association
  • Margate Subdivision

Listing and Financial Details

  • Assessor Parcel Number 020551616676800

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,139

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main
  • Year Built: 1979
  • Remarks Public: Two legal WATERFRONT dwellings in one building! The possibilities are endless: rent out both 3 bed/ 1 bath apartments, live in one and rent out the other or this can work for multi-generational living and each family can have their own living space and kitchen. Buyers are welcome to get a home inspection, but the seller will not make repairs. Agents: check the document section for the Multiple Dwelling License valid through 1/31/2021.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Combination Kitchen/Living, Family Room Off Kitchen
  • Levels Count: 2
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Bathroom 1
  • Basement: Yes
  • Basement Type: Daylight, Partial, Walkout Level
  • Total Sq Ft: 2240
  • Living Area Sq Ft: 2072
  • Price Per Sq Ft: 294.64
  • Above Grade Finished Sq Ft: 1120
  • Below Grade Finished Sq Ft: 952
  • Below Grade Sq Ft: 168
  • Total Below Grade Sq Ft: 1120
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7875

Beds/Baths

  • Bedrooms: 6
  • Main Level Bedrooms: 3
  • All Lower Level Bedrooms: 3
  • Lower Level Bedroom: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Water Access: Yes
  • Water Body Type: Creek/Stream
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
  • Elementary School: POINT PLEASANT
  • Middle School: MARLEY
  • High School: GLEN BURNIE
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121140671932
  • School District Source: 3rd Party
  • Elementary School: POINT PLEASANT
  • High School: GLEN BURNIE
  • Middle Or Junior School: MARLEY

Lot Info

  • Lot Size Acres: 0.23
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9904.00
  • Zoning: R5
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15306128
  • Tax Annual Amount: 3139.00
  • Assessor Parcel Number: 020551616676800
  • Tax Year: 2018
  • Close Date: 04/09/2020

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2020
Closed on
Apr 9, 2020
Sold by
Forthofer William K and Forthofer Suzanne H
Bought by
Rpb Properties Llc
Seller's Agent
Diane Mallare
Taylor Properties
Buyer's Agent
Alicia Schline GRI
Berkshire Hathaway HomeServices PenFed Realty
List Price
$330,000
Sold Price
$330,000
Current Estimated Value
$509,755

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,755
Avg. Annual Appreciation
8.23%
Original Mortgage
$247,500
Outstanding Balance
$219,255
Interest Rate
3.4%
Mortgage Type
Commercial
Estimated Equity
$290,500

Purchase Details

Closed on
Feb 14, 1978
Bought by
Forthofer William K and Forthofer Suzanne A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
9.15%
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
Rpb Properties Llc $330,000 None Available
Forthofer William K $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rpb Properties Llc $247,500
Previous Owner Forthofer William K $54,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/09/2020 04/09/20 Sold $330,000 0.0% $159 / Sq Ft
02/26/2020 02/26/20 Pending -- -- --
02/23/2020 02/23/20 For Sale $330,000 0.0% $159 / Sq Ft
02/13/2020 02/13/20 Pending -- -- --
02/05/2020 02/05/20 For Sale $330,000 -- $159 / 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 $4,928 $386,900 $198,700 $188,200
2024 $4,928 $367,267 $0 $0
2023 $4,650 $347,633 $0 $0
2022 $4,199 $328,000 $198,700 $129,300
2021 $4,141 $322,500 $0 $0
2020 $3,703 $317,000 $0 $0
2019 $3,649 $311,500 $146,800 $164,700
2018 $3,124 $308,067 $0 $0
2017 $3,476 $304,633 $0 $0
2016 -- $301,200 $0 $0
2015 -- $301,200 $0 $0
2014 -- $301,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA424652

Bright MLS

APN: 05-516-16676800