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10740 Cottonwood Way

10740 Cottonwood Way, Columbia, MD 21044
Sold Nov 13, 2019
$515,000
$489,250 by Prosperity Home Mortgage Llc
Mortgage Due Dec 01, 2049
Sold Apr 27, 1992
$208,000
$187,200
Mortgage
Local assessors in Columbia, MD have categorized 10740 Cottonwood Way as a residential type of property. The home was built in 1992 and is 32 years old. The property's lot size has been calculated to be 6,403 square feet. As for the restroom situation, there are 3 full bathrooms. There are also 4 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 10740 Cottonwood Way has a total of 2,560 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a finished improved basement that is 700 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 400 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of composition shingle. Lots of unknown were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a heat pump is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 10740 Cottonwood Way sold most recently in Nov 8, 2019 for a total of $515,000. If you work out the math, that's approximately a cost of $276.88 per sqft. Before that, the property was also sold for $208,000 in Apr 27, 1992. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $7,747 in taxes each year. 10740 Cottonwood Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $510,567. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Vinyl Siding

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 700
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 6,403
  • Total Building Area: 1,860
  • Gross Building Area: 1,860
  • Building Area: 1,860
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 2,560
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: CEDAR MANOR LOTS 1 20
  • Land Acres: 0.147
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 9 .147 A 10740 COTTONWOOD WAY CEDAR MANOR

Ownership

  • Current Owner : SCHMIDT DANIEL
  • Current Owner 2: SCHMIDT FELICIA
  • Previous Owner : SCHMITT MARK W
  • Previous Owner 2: SCHMITT REBECCA R
  • Owner Before Previous Owner: PATRIOT HOMES INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Howard County Public Schools
  • Census Tract: 605503

Zoning

  • Zoning: RSC

Geography

  • Assessors Map Reference: 29 17 85
  • Account Number: 412366
  • District: 05
  • Parcel: 05-412366
  • Lot: 9
  • Latitude: 39.234
  • Longitude: -76.8854

    Address

  • Full Address: 10740 Cottonwood Way
  • Address - House Number: 10740
  • Address - Street Name: Cottonwood
  • Address - Suffix Type: Way
  • State: MD
  • City Name: Columbia
  • Carrier Code: C003
  • 4-Digit Zip Code: 1357
  • Zip Code: 21044

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,747

    Appraisal Valuation

  • Standard Deviation: 0.1149
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 87
  • Final Value: 696,335
  • High Value: 776,362
  • Low Value: 616,308

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $489,250
  • First Open Lien Mortgage Lender: PROSPERITY HOME MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Nov 13, 2019
  • First Open Lien Mortgage Loan Amount: $489,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2049

    Market Valuation

  • Market Total Value: $570,500
  • Market Land Value: $241,300
  • Market Improvement Value: $329,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $510,567

    Sales

  • Current Sale Contract Date: Nov 08, 2019
  • Current Sale Recording Date: Nov 13, 2019
  • Current Sale Transaction ID: 11679508620
  • Current Sale Price: $515,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Apr 27, 1992
  • Previous Sale Contract Date: Apr 27, 1992
  • Previous Sale Amount: $208,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PROSPERITY HOME MORTGAGE LLC
  • First Mortgage Transaction Date: Nov 13, 2019
  • First Mortgage Loan Amount: $489,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2049

    Previous Mortgages

  • Previous Mortgage Transaction Date: Apr 27, 1992
  • Previous Mortgage Loan Amount: $187,200

About Columbia



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10357 College Square, COLUMBIA, MD, 21044 Listing by Sam Gupta

Frequently Asked Questions

What neighborhood is 10740 Cottonwood Way located in?
The 10740 Cottonwood Way is a house located in the neighborhood of Harpers Choice in Columbia, Columbia.
What is the average sales price for listings in 10740 Cottonwood Way?
The average sales price for units in 10740 Cottonwood Way is $0 currently.

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