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1529 Fairbrook Court

1529 Fairbrook Court, Severn, MD 21144
Property in Severn
Sold Dec 08, 2010
$168,000
Seller
$151,330 by 1st Maryland Mortgage Corporat
Mortgage Due Dec 01, 2040
Sold Jun 21, 2006
$3,000,000
$240,000 by American Home Mortgage Corp
Mortgage Due Jul 01, 2036
1529 Fairbrook Court has been categorized by the local assessors in Severn, MD as a residential type of property. The building on the property was first built in 2003 and is 21 years old. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 3 stories. In addition, 1529 Fairbrook Court has 1,740 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 1,596 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a condo 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. 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 unknown. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heat pump. Finally, the property is currently sourcing its water from a water 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, 1529 Fairbrook Court sold most recently in Dec 8, 2010 for a total of $168,000. If you work out the math, that's approximately a cost of $96.55 per sqft. Before that, the property was also sold for $3,000,000 in Jun 5, 2006. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $2,025 in taxes each year. 1529 Fairbrook Court was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $226,400. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: B
  • Building Style: Condo
  • Roof Cover Type: Composition shingle
  • Floor Count: 3
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,596
  • Total Building Area: 1,740
  • Gross Building Area: 1,740
  • Building Area: 1,740
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,740
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.037
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: U129 PH 10 BLDG 10 1529 FAIRBROOK CT ASBURY WOODS

Ownership

  • Current Owner : BROWN DARLENE A
  • Previous Owner : HSBC BANK
  • Owner Before Previous Owner: JOSIAH DONNELL
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Anne Arundel County Public Schools
  • Census Tract: 740104

Zoning

  • Zoning: R15

Geography

  • Assessors Map Reference: 14 22 138
  • Account Number: 00190215338
  • District: 04
  • Subdivision Phase Number: 10
  • Parcel: 04-001-90215338
  • Latitude: 39.1247
  • Longitude: -76.703

    Address

  • Full Address: 1529 Fairbrook Ct
  • Address - House Number: 1529
  • Address - Street Name: Fairbrook
  • Address - Suffix Type: Ct
  • State: MD
  • City Name: Severn
  • Carrier Code: R015
  • 4-Digit Zip Code: 4408
  • Zip Code: 21144

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,025

    Appraisal Valuation

  • Standard Deviation: 0.1526
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 81
  • Final Value: 288,024
  • High Value: 331,998
  • Low Value: 244,049

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $169,830
  • First Open Lien Mortgage Lender: 1ST MARYLAND MORTGAGE CORPORAT
  • First Open Lien Mortgage Recording Date: Dec 08, 2010
  • First Open Lien Mortgage Loan Amount: $151,330
  • 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: Dec 01, 2040
  • Second Open Lien Mortgage Lender: ARUNDEL COMMUNITY DEVELOPMENT
  • Second Open Lien Mortgage Recording Date: Dec 08, 2010
  • Second Open Lien Mortgage Loan Amount: $18,500
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • Second Open Lien Mortgage Loan Due Date: Dec 01, 2040

    Market Valuation

  • Market Total Value: $259,000
  • Market Land Value: $75,000
  • Market Improvement Value: $184,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $226,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 08, 2010
  • Current Sale Recording Date: Dec 08, 2010
  • Current Sale Transaction ID: 1107474774
  • Current Sale Price: $168,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 000002
  • Previous Sale Recording Date: Jun 21, 2006
  • Previous Sale Contract Date: Jun 05, 2006
  • Previous Sale Amount: $3,000,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: 1ST MARYLAND MORTGAGE CORPORAT
  • First Mortgage Transaction Date: Dec 08, 2010
  • First Mortgage Loan Amount: $151,330
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Dec 01, 2040
  • Second Mortgage Lender: ARUNDEL COMMUNITY DEVELOPMENT
  • Second Mortgage Transaction Date: Dec 08, 2010
  • Second Mortgage Loan Amount: $18,500
  • Second Mortgage Terms: 360
  • Second Mortgage Loan Type: Future Advance Clause / Open End Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAN HOME MORTGAGE CORP
  • Previous Mortgage Transaction Date: Jun 21, 2006
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $240,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jul 01, 2036

About Severn



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Frequently Asked Questions

What neighborhood is 1529 Fairbrook Court located in?
The 1529 Fairbrook Court is a located in the neighborhood of Severn in Severn, Severn.
What is the average sales price for listings in 1529 Fairbrook Court?
The average sales price for units in 1529 Fairbrook Court is $0 currently.

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