NOT LISTED FOR SALE

8502 Fair St Savage, MD 20763

Estimated Value: $592,000 - $861,000

5 Beds
4 Baths
6,179 Sq Ft
$127/Sq Ft Est. Value

Last Sold October 28, 2021

Last sale price $700,000 $113 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,981/month

Highlights

  • View of Trees or Woods
  • Dual Staircase
  • Property is near a park
  • 0.47 Acre Lot
  • Colonial Architecture
  • 3-minute walk to Savage Park

About This Home

As of October 2021

A rare chance to own a piece of history - built in 1840 and well maintained. Upon arriving you will notice the .466 acre lush lot with abundant parking surrounded by mature landscaping. Welcoming front porch, circular driveway and plenty of parking. Main floor features a Living Room, Dining Room and Study. Huge addition added to the rear of the main floor with tons of natural light and designated doors for access. One entry is a handicap entry from parking area. Two powder rooms on the mail level to accommodate guests. Kitchen needs work, ready to make your own! Regal staircase from the foyer leads to two upper levels. The two upper floors boast 5 bedrooms and 2 full baths. Third floor has a space to envy! One of the bedrooms is very large with full bath and a kitchenet. Plenty of room for multiple home offices, home schooling, etc. Enjoy the convenience and efficiency of zoned heat and ac. Mechanics are well maintained and 2 brand new AC units for the upper levels. Sold AS IS WHERE IS . Near Savage Mill, Savage Park, Rt 1, Rt 32, MARC, 95.

Last Agent to Sell the Property

Patty Smallwood

(301) 332-3876 smllwd@verizon.net Maryland Real Estate Network License #RA-0031204 Listed on: 09/02/2021

Co-Listed By

Tudy Adler

(301) 704-6707 tadler25@comcast.net Maryland Real Estate Network License #621512

Last Buyer's Agent

Sandy Wing

(301) 938-3667 Sandy@myleadingedge.com RE/MAX Leading Edge

RE/MAX Leading Edge

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,801

Year Built

  • Built in 1840

Lot Details

  • 0.47 Acre Lot
  • Historic Home
  • Property is in good condition
  • Property is zoned R20

Home Design

  • Colonial Architecture

Interior Spaces

  • 6,179 Sq Ft Home
  • Property has 4 Levels
  • Dual Staircase
  • Chair Railings
  • Crown Molding
  • Window Treatments
  • Living Room
  • Breakfast Room
  • Dining Room
  • Den
  • Storage Room
  • Views of Woods

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Soaking Tub
  • Bathtub with Shower
  • Walk-in Shower

Basement

  • Exterior Basement Entry
  • Dirt Floor

Parking

  • 7 Open Parking Spaces
  • 7 Parking Spaces
  • Circular Driveway
  • Parking Lot
  • Off-Street Parking

Outdoor Features

  • Patio
  • Shed

Location

  • Property is near a park

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Radiant Heating System
  • Programmable Thermostat
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Savage Meadows Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1406406785

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,801

Year Built

Built in 1840

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Any and all items that belong to the tenant. Banquet tables and chairs, kitchen ovens and warmers.
  • Historic: Yes
  • Home Warranty: No
  • Inclusions: Furniture Negotiable
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • Federal Flood Zone: No
  • Year Built: 1840
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator
  • Flooring Type: Hardwood, Ceramic Tile
  • Interior Amenities: Additional Stairway, Chair Railings, Crown Moldings, Stall Shower, Window Treatments, Wood Floors, Soaking Tub, Tub Shower
  • Foundation Details: Other
  • Levels Count: 4
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Basement, Breakfast Room, Bedroom 1, Study, Storage Room, Bathroom 1, Bathroom 2
  • Basement: Yes
  • Basement Type: Outside Entrance, Dirt Floor
  • Total Sq Ft: 6179
  • Living Area Sq Ft: 6179
  • Price Per Sq Ft: 121.38
  • Above Grade Finished Sq Ft: 6179
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 1.00
  • Upper Level 2 Bathrooms: 1.00
  • Main Level Half Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Mixed
  • View: Street, Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Circular Driveway
  • Total Garage And Parking Spaces: 7
  • Type Of Parking: Driveway, Off Street, Parking Lot
  • Parking Lot Number Of Spaces: 7

Utilities

  • Refuse: 325.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Zoned
  • Heating Fuel: Natural Gas
  • Heating Type: Programmable Thermostat, Radiant, Heat Pump(s), Zoned
  • 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
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Improvement Assessed Value: 327500.00
  • Land Assessed Value: 179600.00
  • Lot Features: Backs - Parkland
  • Lot Size Acres: 0.47
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 20298.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Good
  • Zoning: R20
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Total Actual Rent: 43100.00
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 15391077
  • Tax Annual Amount: 6801.00
  • Assessor Parcel Number: 1406406785
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021

MLS Schools

  • School District Name: HOWARD COUNTY PUBLIC SCHOOL SYSTEM

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2021
Closed on
Oct 28, 2021
Sold by
Savage Mill Manor Llc
Bought by
Mckee William Clinton
Seller's Agent
Patty Smallwood
Maryland Real Estate Network
Buyer's Agent
Sandy Wing
RE/MAX Leading Edge
List Price
$750,000
Sold Price
$700,000
Premium/Discount to List
-$50,000
-6.67%
Current Estimated Value
$787,563

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,563
Avg. Annual Appreciation
2.99%

Purchase Details

Closed on
Jun 9, 1998
Sold by
Marsden Maureen T
Bought by
Savage Mill Manor Llc

Purchase Details

Closed on
Jun 23, 1997
Sold by
Marsden Thomas A
Bought by
Marsden Maureen T

Purchase Details

Closed on
Nov 12, 1987
Sold by
Werle William H
Bought by
Marsden Thomas A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
10.79%
Source: Public Records

Range of Values:

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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
Mckee William Clinton $700,000 Maryland Title Group Llc
Savage Mill Manor Llc $252,000 --
Marsden Maureen T -- --
Marsden Thomas A $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marsden Thomas A $148,000
Closed Savage Mill Manor Llc --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2021 10/28/21 Sold $700,000 -6.7% $113 / Sq Ft
09/02/2021 09/02/21 For Sale $750,000 -- $121 / 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 $10,052 $731,600 $214,600 $517,000
2024 $10,052 $656,767 $0 $0
2023 $8,817 $581,933 $0 $0
2022 $7,702 $507,100 $179,600 $327,500
2021 $7,240 $475,000 $0 $0
2020 $6,022 $442,900 $0 $0
2019 $5,924 $410,800 $137,800 $273,000
2018 $5,971 $410,800 $137,800 $273,000
2017 $5,971 $410,800 $0 $0
2016 -- $410,800 $0 $0
2015 -- $410,800 $0 $0
2014 -- $410,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDHW2004472

Bright MLS

APN: 06-406785