1240 Reece Road

1240 Reece Road has been categorized by the local assessors in Severn, MD as a type of property. The building on the property was first built in 1950 and is 76 years old. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 200 stories. In addition, 1240 Reece Road has 3,084 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 15,769 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying a . From what we've gathered, the quality of these control joints have been graded with a letter grade of by the local assessor. The roof of the building is made of . The exterior walls of the building are made of . The inside of the home is being cooled with at the moment. In terms of heating, it is utilizing . Finally, the property is currently sourcing its water from system. The building on the property is connected to a sewer system. 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, 1240 Reece Road sold most recently in Jun 24, 2022 for a total of $499,999. If you work out the math, that's approximately a cost of $162.13 per sqft. Before that, the property was also sold for $399,900 in Jun 26, 2007. 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 $512,366 in taxes each year. 1240 Reece Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $469,200. 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. 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.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.