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1504 Nicolay Way

1504 Nicolay Way, Essex, MD 21221
Property in Essex
Sold Apr 26, 2021
$178,000
$174,775 by Loandepot.com Llc
Mortgage Due Mar 01, 2051
Sold May 24, 2016
$141,900
$139,329 by George Mason Mortgage Llc
Mortgage Due Jun 01, 2046
1504 Nicolay Way has been categorized by the local assessors in Essex, MD as a residential type of property. The building on the property was first built in 1957 and is 67 years old. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1504 Nicolay Way has 1,452 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a finished improved basement that is 300 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 1,160 ft and across the front of the lot is 180 ft. The area measurement of the land has been determined as 2,088 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a townhouse style.

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 both a open porch and a patio. Moving on to the building itself. The condition of the building has been evaluated as good. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The roof of the building is made of composition shingle. The exterior walls of the building are made of brick. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. 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, 1504 Nicolay Way was last sold in Feb 8, 2021 for $178,000. According to our calculations, that's $154.51 per sqft. Prior to that sales transaction, the property was sold for $141,900 in May 11, 2016. Current property owners are expected to pay $1,292 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 1504 Nicolay Way was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $144,000. To break that down further, the land itself was valued at $40,000. While improvements to the property were assessed at a total of $104,000. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: B
  • Building Style: Townhouse
  • Exterior Walls Type: Brick
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 300
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 2,088
  • Lot Size Depth Feet: 1,160
  • Lot Size Frontage Feet: 180
  • Total Building Area: 1,152
  • Gross Building Area: 1,152
  • Building Area: 1,152
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,452
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: COUNTRY RIDGE
  • Land Acres: 0.048
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: 1504 NICOLAY WAY COUNTRY RIDGE

Ownership

  • Current Owner : MAJOR VICTOR S
  • Current Owner 2: MAJOR ARLENE R
  • Previous Owner : HENDERSON TAKIRA F
  • Owner Before Previous Owner: INTEGRITY REAL ESTATE GROUP LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Baltimore County Public Schools
  • Census Tract: 450504

Geography

  • Assessors Map Reference: 97 5 65
  • Account Number: 1523350200
  • District: 15
  • Section: 2
  • Parcel: 15-1523350200
  • Block: J
  • Lot: 27
  • Latitude: 39.3076
  • Longitude: -76.4477

    Address

  • Full Address: 1504 Nicolay Way
  • Address - House Number: 1504
  • Address - Street Name: Nicolay
  • Address - Suffix Type: Way
  • State: MD
  • City Name: Essex
  • Carrier Code: C022
  • 4-Digit Zip Code: 3937
  • Zip Code: 21221

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,292
  • Intital Tax Deliquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.206
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 72
  • Final Value: 219,594
  • High Value: 264,834
  • Low Value: 174,354

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $174,775
  • First Open Lien Mortgage Lender: LOANDEPOT.COM LLC
  • First Open Lien Mortgage Recording Date: Apr 26, 2021
  • First Open Lien Mortgage Loan Amount: $174,775
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2051

    Market Valuation

  • Market Total Value: $144,000
  • Market Land Value: $40,000
  • Market Improvement Value: $104,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $144,000
  • Assessed Land Value: $40,000
  • Assessed Improvements Value: $104,000

    Sales

  • Current Sale Contract Date: Feb 08, 2021
  • Current Sale Recording Date: Apr 26, 2021
  • Current Sale Transaction ID: 11834513902
  • Current Sale Price: $178,000
  • Current Sale Document Type: Assignment Deed (or Condo Deed if Land Use = "CND")
  • Previous Sale Recording Date: May 24, 2016
  • Previous Sale Contract Date: May 11, 2016
  • Previous Sale Amount: $141,900
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: LOANDEPOT.COM LLC
  • First Mortgage Transaction Date: Apr 26, 2021
  • First Mortgage Loan Amount: $174,775
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Mar 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: GEORGE MASON MORTGAGE LLC
  • Previous Mortgage Transaction Date: May 24, 2016
  • Previous Mortgage Loan Amount: $139,329
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jun 01, 2046

About Essex



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Frequently Asked Questions

What neighborhood is 1504 Nicolay Way located in?
The 1504 Nicolay Way is a located in the neighborhood of Essex in Essex, Essex.
What is the average sales price for listings in 1504 Nicolay Way?
The average sales price for units in 1504 Nicolay Way is $0 currently.

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