Seller's Agent in 2025
Nina Bonan
Top Pro Realtors
(240) 643-4989
2 in this area
39 Total Sales
892 Timber Ridge Dr Hanover, MD 21076
3
Beds
2.5
Baths
1,727
Sq Ft
0.4
Acres
Highlights
- 0.4 Acre Lot
- 2 Fireplaces
- No HOA
- Rambler Architecture
- Workshop
- Enclosed Patio or Porch
About This Home
As of August 2025Great Commuter Location! Spacious Rancher on 0.4 Acres.
This well-located rancher offers excellent potential and sits on a generous 0.4-acre lot. Featuring 3 bedrooms, 2 full bathrooms, 1 half bath, and a 2-car garage, it’s a perfect opportunity for buyers looking to add their personal touch.
The updated kitchen includes stainless steel appliances, and the large backyard is ideal for outdoor enjoyment with a vegetable garden and screened-in patio perfect for barbecues.
Additional features include:
Two heating systems: electric and oil.
Huge finished basement rec room with fireplace.
Sold as-is – ideal for buyers looking to customize and add value.
Owned by retirees, this home is full of charm but needs updates. And waiting for its next chapter!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,229
Year Built
- Built in 1964
Lot Details
- 0.4 Acre Lot
- Property is zoned R5
Parking
- 2 Car Attached Garage
- Front Facing Garage
- Garage Door Opener
Home Design
- Rambler Architecture
- Brick Exterior Construction
- Concrete Perimeter Foundation
Interior Spaces
- Property has 2 Levels
- 2 Fireplaces
- Stove
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
Laundry
- Dryer
- Washer
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Connecting Stairway
- Workshop
Outdoor Features
- Enclosed Patio or Porch
Utilities
- Central Air
- Heating System Uses Oil
- Heat Pump System
- Hot Water Baseboard Heater
- Electric Water Heater
- Septic Tank
Community Details
- No Home Owners Association
- $2 Other Monthly Fees
- Timber Ridge Subdivision
Listing and Financial Details
- Tax Lot 122
- Assessor Parcel Number 020580007889005
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 14, 2025
Closed on
Aug 13, 2025
Sold by
Won Chul K and Won Choon Hee
Bought by
Mcrae Kisa L
Seller's Agent
Nina Bonan
Top Pro Realtors
Buyer's Agent
Richard Harrington
RE/MAX Executive
List Price
$415,000
Sold Price
$395,000
Premium/Discount to List
-$20,000
-4.82%
Views
509
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
51.34%
Original Mortgage
$381,816
Outstanding Balance
$381,816
Interest Rate
6.72%
Mortgage Type
FHA
Estimated Equity
$26,497
Purchase Details
Closed on
Dec 31, 1986
Sold by
Jenkins Thomas L
Bought by
Won Chul K and Won Et Al Choon Hee
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
9.29%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $395,000 | Old Republic National Title In | |
| Deed | $395,000 | Old Republic National Title In | |
| Deed | $122,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $381,816 | FHA | |
| Closed | $381,816 | FHA | |
| Previous Owner | $72,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/13/2025 08/13/25 | Sold | $395,000 | -4.8% | $229 / Sq Ft |
| 06/14/2025 06/14/25 | For Sale | $415,000 | -- | $240 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $3,130 | $364,700 | $200,300 | $164,400 |
| 2024 | $3,130 | $351,467 | $0 | $0 |
| 2023 | $3,036 | $338,233 | $0 | $0 |
| 2022 | $2,832 | $325,000 | $180,300 | $144,700 |
| 2021 | $5,555 | $311,633 | $0 | $0 |
| 2020 | $2,682 | $298,267 | $0 | $0 |
| 2019 | $2,631 | $284,900 | $158,600 | $126,300 |
| 2018 | $2,889 | $284,900 | $158,600 | $126,300 |
| 2017 | $2,497 | $284,900 | $0 | $0 |
| 2016 | -- | $298,600 | $0 | $0 |
| 2015 | -- | $278,700 | $0 | $0 |
| 2014 | -- | $258,800 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Nina Bonan
-
Richard Harrington
Buyer's Agent in 2025
Richard Harrington
RE/MAX
(240) 286-4668
3 in this area
47 Total Sales
Map
Source: Bright MLS
MLS Number: MDAA2118172
APN: 05-800-07889005
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