NOT LISTED FOR SALE

7988 Patterson Way Hanover, MD 21076

Estimated Value: $566,000 - $588,470

3 Beds
2.5 Baths
2,532 Sq Ft
$228/Sq Ft Est. Value

Last Sold July 21, 2020

Last sale price $440,000 $174 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $3,525/month

Highlights

  • Private Pool
  • Colonial Architecture
  • Wood Flooring
  • Open Floorplan
  • Recreation Room
  • Upgraded Countertops

About This Home

As of August 2024

Excellent 3 level End Unit town home with 3 bedrooms,2.5 baths, & 2-car garage.2536 sq feet of living space! Kitchen includes granite counters, maple cabinetry & stainless steel appliances.Hardwood floors on entire main living level.Large master Bedroom with ceramic bath features dual vanities,granite and large walk-in shower.Convenient laundry on bedroom level.

Last Agent to Rent the Property

Raghava Pallapolu

(703) 517-6799 rpallapolu@yahoo.com Fairfax Realty 50/66 LLC License #0225081466 Listed on: 05/19/2024

Fairfax Realty 50/66 LLC

Last Renter's Agent

Pamela Edwards Lynch

(240) 383-6727 pam@myagentpam.net Cummings & Co. Realtors

Cummings & Co. Realtors

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,892

Year Built

  • Built in 2020

Lot Details

  • 2,378

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Brick Foundation
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,532 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Crown Molding
  • Window Treatments
  • Living Room
  • Dining Room
  • Recreation Room
  • Wood Flooring

Kitchen

  • Gas Oven or Range
  • Microwave
  • ENERGY STAR Qualified Refrigerator
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Front Basement Entry

Utilities

  • Central Air
  • Heat Pump System
  • Natural Gas Water Heater

Additional Features

  • Private Pool
  • 2,378 Sq Ft Lot

Listing and Financial Details

  • Residential Lease
  • Security Deposit $3,300
  • 12-Month Min and 36-Month Max Lease Term
  • Available 8/1/24
  • $40 Application Fee
  • Assessor Parcel Number 020469090249369

Community Details

Overview

  • Property has a Home Owners Association
  • Parkside Subdivision

Pet Policy

  • No Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,892

Year Built

Built in 2020

Lot Details

0

Parking

2

Rental Info

  • Date Available: 2024-08-01
  • Application Fee: 40.00
  • Pets Allowed: No
  • Security Deposit: 3300.00
  • Vacation Rental: No
  • Max Lease in Months: 36
  • Min Lease in Months: 12
  • Rent Spree Online Application: Yes

Listing Details

  • Property Type: Residential Lease
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Colonial
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2024-05-19
  • Year Built: 2020
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal, Energy Star Refrigerator, Icemaker, Microwave, Oven/Range - Gas, Washer, Dryer
  • Interior Amenities: Dining Area, Upgraded Countertops, Crown Moldings, Window Treatments, Wood Floors, Floor Plan - Open
  • Fireplace: No
  • Foundation Details: Brick/Mortar, Concrete Perimeter
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Recreation Room
  • Basement: Yes
  • Basement Type: Front Entrance, Outside Entrance, Fully Finished, Walkout Level
  • Total Sq Ft: 2532
  • Living Area Sq Ft: 2532
  • Price Per Sq Ft: 1.30
  • Above Grade Finished Sq Ft: 2532
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • 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 Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

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: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.05
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2378.00
  • Property Attached Yn: Yes
  • Zoning: R10
  • In City Limits: No

Tax Info

  • Assessor Parcel Number: 020469090249369

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2020
Closed on
Jul 21, 2020
Sold by
D R Horton Inc
Bought by
Dosapati Varun and Vuppala Lavanya Sri
Seller's Agent
Kathleen Cassidy
D R Horton Realty of Virginia LLC
Buyer's Agent
Raghava Pallapolu
Fairfax Realty 50/66 LLC
List Price
$469,265
Sold Price
$440,000
Premium/Discount to List
-$29,265
-6.24%
Current Estimated Value
$576,118

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,118
Avg. Annual Appreciation
5.15%
Original Mortgage
$396,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 25, 2020
Sold by
Saratoga Development Llc
Bought by
D R Horton Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dosapati Varun $440,000 Residential T&E Co
D R Horton Inc $1,730,000 Residential T&E Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dosapati Varun $396,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/01/2024 08/01/24 Rented $3,300 0.0% --
07/10/2024 07/10/24 Under Contract -- -- --
07/02/2024 07/02/24 Off Market $3,300 -- --
06/16/2024 06/16/24 For Rent $3,300 0.0% --
06/12/2024 06/12/24 Off Market $3,300 -- --
05/19/2024 05/19/24 For Rent $3,300 0.0% --
07/21/2020 07/21/20 Sold $440,000 -6.8% $178 / Sq Ft View Prior Sale
06/02/2020 06/02/20 Price Changed $472,265 +0.6% $191 / Sq Ft
05/31/2020 05/31/20 Pending -- -- --
05/14/2020 05/14/20 For Sale $469,265 -- $190 / 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 $5,892 $528,000 $170,000 $358,000
2024 $5,892 $497,600 $0 $0
2023 $5,519 $467,200 $0 $0
2022 $4,941 $436,800 $135,000 $301,800
2021 $4,519 $434,433 $0 $0
2020 $4,519 $47,200 $47,200 $0
2019 $497 $49,000 $49,000 $0
2018 $497 $49,000 $49,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA2085056

Bright MLS

APN: 04-690-90249369