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1240 Lake Falls Road

1240 Lake Falls Road, Baltimore, MD 21210
House in Baltimore
Local assessors in Baltimore, MD have categorized 1240 Lake Falls Road as a type of property. The home was built in 1951 and is 75 years old. The property's lot size has been calculated to be 5,250 square feet. The linear feet between the front and back of the lot was measured at 1,050 ft and the front of the lot was measured at 500 ft. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a 200 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 1240 Lake Falls Road has a total of 1,248 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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 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. Do you like to entertain? The home has both a and a so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is . 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 - . The building has a roof that is made of . Lots of were used in the construction of the exterior walls of the home. Residents rely on for their cooling system. The home's is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1240 Lake Falls Road was last sold in Sep 23, 2022 for $427,000. According to our calculations, that's $342.15 per sqft. Prior to that sales transaction, the property was sold for $93,000 in Jul 30, 1986. Current property owners are expected to pay $230,900 in taxes per year. The property on 1240 Lake Falls Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $327,167. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Stucco Exterior

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20220723
07/23/2022
3 Bed
2 Bath
1248 ft²
$435,000
bedrooms
3 Bed
bathrooms
2 Bath
square feet
1248 ft²
$427,000 -1.84%
10/20/2022
JoAnn Moncure
Cummings & Co Realtors


Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 6
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,250
  • Lot Size Depth Feet: 1,050
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,248
  • Gross Building Area: 1,248
  • Building Area: 1,248
  • Building Area Measurement: T

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,248
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKE FALLS
  • Land Acres: 0000000121
  • Standard Land Use Code: 1001
  • County Land Use Code: R-B001
  • Legal Description 1: 105 N LAKE AV LAKE FALLS

Neighborhood

  • School District Name: Baltimore County Public Schools
  • Census Tract: 490500

Geography

  • Assessors Map Reference: 79 4 206
  • Account Number: 0902005240
  • District: 09
  • Parcel: 09-0902005240
  • Lot: 3
  • Latitude: 39.3736
  • Longitude: -76.6495

    Address

  • Full Address: 1240 Lake Falls Rd
  • Address - House Number: 1240
  • Address - Street Name: Lake Falls
  • Address - Suffix Type: Rd
  • State: MD
  • City Name: Baltimore
  • Carrier Code: C010
  • 4-Digit Zip Code: 1016
  • Zip Code: 21210

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $230,900

    Appraisal Valuation

  • Standard Deviation: 0.1743
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 77
  • Final Value: 440,441
  • High Value: 517,225
  • Low Value: 363,657

    Market Valuation

  • Market Total Value: $336,700
  • Market Land Value: $169,500
  • Market Improvement Value: $167,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $327,167

    Sales

  • Current Sale Contract Date: Sep 23, 2022
  • Current Sale Recording Date: Oct 20, 2022
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jul 30, 1986
  • Previous Sale Contract Date: Jul 30, 1986
  • Previous Sale Amount: $93,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Frequently Asked Questions

What neighborhood is 1240 Lake Falls Road located in?
The 1240 Lake Falls Road is a house located in the neighborhood of Baltimore in Towson, Baltimore.
What is the average sales price for listings in 1240 Lake Falls Road?
The average sales price for units in 1240 Lake Falls Road is $429,900 , or $344/sqft. currently.