NOT LISTED FOR SALE

8617 Chestnut Oak Rd Parkville, MD 21234

Estimated Value: $222,000 - $284,591

-- Bed
2 Baths
1,772 Sq Ft
$143/Sq Ft Est. Value

Last Sold June 20, 2024

Last sale price $247,500 $140 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,633/month

8 Days on Market

Highlights

  • Second Kitchen
  • Main Floor Bedroom
  • Awning
  • Colonial Architecture
  • Porch
  • Forced Air Heating System

About This Home

As of June 2024

Live virtually rent-free in the upstairs apartment while a long-term tenant contributes towards your mortgage payments. Alternatively, capitalize on the positive cash flow potential by renting out both apartments.

Each two-bedroom apartment has its own private entrance and is separately metered. The upstairs apartment was updated in 2021 with a new kitchen including stainless steel appliances, white cabinets and granite countertops, new water heater and electric furnace.

Long term tenant has been paying $1,260 per month (Rent can be raised to $1,430 immediately) Home is conveniently located close to 695, public transportation, Towson University and Goucher.

Last Agent to Sell the Property

Courtney Pleiss

EXP Realty, LLC License #661864 Listed on: 04/04/2024

EXP Realty, LLC

Last Buyer's Agent

Sara Frank

RLAH @properties License #5009910

RLAH @properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,717

Year Built

  • Built in 1949 | Remodeled in 2020

Lot Details

  • 2,470 Sq Ft Lot
  • Ground Rent of $60 semi-annually

Home Design

  • Duplex
  • Colonial Architecture
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • Main Floor Bedroom
  • Ceiling Fan
  • Awning
  • Carpet
  • Dryer

Kitchen

  • Second Kitchen
  • Gas Oven or Range
  • Stove

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Side Exterior Basement Entry
  • Basement with some natural light

Parking

  • Alley Access
  • On-Street Parking

Outdoor Features

  • Porch

Schools

  • Oakleigh Elementary School
  • Loch Raven High School

Utilities

  • Forced Air Heating System
  • Radiator
  • Heat Pump System
  • Hot Water Heating System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 04090920660141

Community Details

Overview

  • 2 Units
  • Ridgeleigh Subdivision

Building Details

  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,717

Year Built

Built in 1949 | Remodeled in 2020

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Colonial
  • Ownership: Ground Rent
  • New Construction: No
  • Expected On Market: 2024-04-08
  • Year Built: 1949
  • Year Renovated: 2020
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Live virtually rent-free in the upstairs apartment while a long-term tenant contributes towards your mortgage payments. Alternatively, capitalize on the positive cash flow potential by renting out both apartments. Each two-bedroom apartment has its own private entrance and is separately metered. The upstairs apartment was updated in 2021 with a new kitchen including stainless steel appliances, white cabinets and granite countertops, new water heater and electric furnace. Long term tenant has been paying $1,260 per month (Rent can be raised to $1,430 immediately) Home is conveniently located close to 695, public transportation, Towson University and Goucher.
  • Special Features: None

Interior Features

  • Appliances: Dryer, Oven/Range - Gas, Refrigerator, Stove
  • Interior Amenities: 2nd Kitchen, Carpet, Ceiling Fan(s), Entry Level Bedroom
  • Fireplace: No
  • Foundation Details: Brick/Mortar
  • Basement: Yes
  • Basement Type: Fully Finished, Outside Entrance, Daylight, Partial, Full, Heated, Improved, Side Entrance, Walkout Level
  • Total Sq Ft: 2067
  • Living Area Sq Ft: 1772
  • Price Per Sq Ft: 169.15
  • Above Grade Finished Sq Ft: 1478
  • Below Grade Finished Sq Ft: 294
  • Below Grade Sq Ft: 295
  • Total Below Grade Sq Ft: 589
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 8617

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Awning(s)
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street, Alley

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s)
  • Heating Fuel: Natural Gas, Electric
  • Heating Type: Hot Water, Radiator, Heat Pump(s), Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District: BALTIMORE COUNTY PUBLIC SCHOOLS
  • Elementary School: OAKLEIGH
  • High School: LOCH RAVEN
  • Elementary School Source: Listing Agent
  • High School Source: 3rd Party
  • School District Key: 121140087473
  • School District Source: 3rd Party
  • Elementary School: OAKLEIGH
  • High School: LOCH RAVEN

Lot Info

  • Land Use Code: 010
  • Lot Size Acres: 0.06
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2470.00
  • Outdoor Living Structures: Porch(es)
  • Year Assessed: 2021
  • Zoning: 010 RESIDENTIAL
  • In City Limits: No

Rental Info

  • Existing Lease Type: Long Term
  • Ground Rent Amt: 60.00
  • Ground Rent Exists: Yes
  • Ground Rent Pymnt Freq: Semi-Annually
  • Total Actual Rent: 26340.00
  • Units Leased Count: 1
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2717.00
  • Assessor Parcel Number: 04090920660141
  • Tax Lot: 9
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 06/20/2024

Multi Family

  • Number Of Units Vacant: 1
  • Income Expense List: Annual Ground Rent

MLS Schools

  • School District Name: BALTIMORE COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2024
Closed on
Jun 7, 2024
Sold by
Vogdes Braxton
Bought by
Cruse Mark A
Seller's Agent
Courtney Pleiss
EXP Realty, LLC
Buyer's Agent
Sara Frank
RLAH @properties
List Price
$250,000
Sold Price
$247,500
Premium/Discount to List
-$2,500
-1%
Views
105
Current Estimated Value
$253,898

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,398
Avg. Annual Appreciation
2.15%
Original Mortgage
$247,500
Outstanding Balance
$244,779
Interest Rate
7.02%
Mortgage Type
VA
Estimated Equity
$9,119

Purchase Details

Listed on
Oct 16, 2021
Closed on
Jan 5, 2022
Sold by
Isha Holloman
Bought by
Vogdes Braxton
Seller's Agent
Katrina Thomas
Samson Properties
Buyer's Agent
Courtney Pleiss
EXP Realty, LLC
List Price
$215,000
Sold Price
$225,000
Premium/Discount to List
$10,000
4.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.92%
Original Mortgage
$220,924
Interest Rate
5%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 29, 2017
Sold by
Saint Casimirs Savings And Loan Assn
Bought by
Uptown Homes Llc
Source: Public Records

Range of Values:

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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
Cruse Mark A $247,500 None Listed On Document
Vogdes Braxton $225,000 First American Title
Uptown Homes Llc $3,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cruse Mark A $247,500
Previous Owner Vogdes Braxton $220,924
Previous Owner Holloman Isha $120,000
Previous Owner Simon Debra A $59,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2024 06/20/24 Sold $247,500 -1.0% $140 / Sq Ft
05/05/2024 05/05/24 Pending -- -- --
04/26/2024 04/26/24 For Sale $250,000 0.0% $141 / Sq Ft
04/17/2024 04/17/24 Off Market $250,000 -- --
12/28/2021 12/28/21 Sold $225,000 0.0% $153 / Sq Ft
10/25/2021 10/25/21 Price Changed $225,000 +4.7% $153 / Sq Ft
10/16/2021 10/16/21 For Sale $215,000 +34.4% $146 / Sq Ft
05/15/2020 05/15/20 Sold $160,000 -3.0% $109 / Sq Ft
04/13/2020 04/13/20 Pending -- -- --
03/26/2020 03/26/20 For Sale $165,000 -- $112 / 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 $3,118 $188,500 $60,000 $128,500
2024 $3,118 $180,800 $0 $0
2023 $2,887 $173,100 $0 $0
2022 $2,720 $165,400 $60,000 $105,400
2021 $1,399 $163,233 $0 $0
2020 $1,952 $161,067 $0 $0
2019 $1,926 $158,900 $60,000 $98,900
2018 $2,641 $153,100 $0 $0
2017 $2,154 $147,300 $0 $0
2016 $2,577 $141,500 $0 $0
2015 $2,577 $141,500 $0 $0
2014 $2,577 $141,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDBC2091436

Bright MLS

APN: 09-0920660141