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1531 Furnace Avenue

1531 Furnace Avenue, Glen Burnie, MD 21060
Property in Glen Burnie
Sold Apr 15, 2021
$345,000
$333,841 by Homesale Mortgage Llc
Mortgage Due Apr 01, 2051
Sold Sep 12, 2014
$240,000
$235,653 by New Penn Financial Llc
Mortgage Due Sep 01, 2044
Local assessors in Glen Burnie, MD have categorized 1531 Furnace Avenue as a residential type of property. The home was built in 1984 and is 40 years old. The property's lot size has been calculated to be 7,300 square feet. As for the restroom situation, there are 2 full bathrooms. There are also 3 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 1531 Furnace Avenue has a total of 2,236 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 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. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. 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 - B. The building has a roof that is made of composition shingle. Residents rely on air conditioning for their cooling system. The home's a heat pump is the primary heating source. 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, 1531 Furnace Avenue was last sold in Mar 25, 2021 for $345,000. According to our calculations, that's $165.87 per sqft. Prior to that sales transaction, the property was sold for $240,000 in Aug 15, 2014. Current property owners are expected to pay $3,423 in taxes per year. The property on 1531 Furnace Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $313,433. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1984
  • Effective Year Built: 1984
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: B
  • Construction Type: Frame
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,300
  • Total Building Area: 2,080
  • Gross Building Area: 2,080
  • Building Area: 2,080
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 2,236
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: SHORELAND PLAT A
  • Land Acres: 0.168
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LT 197 PL A 1531 FURNACE AVE SHORELAND

Ownership

  • Current Owner : ANTOINE RANDOLPH
  • Previous Owner : YOUNG NICHOLAS STEPHEN
  • Owner Before Previous Owner: SUTULA MICHAEL F
  • Owner Before Previous Owner 2: SUTULA PATRICIA L

Neighborhood

  • School District Name: Anne Arundel County Public Schools
  • Census Tract: 751103

Geography

  • Assessors Map Reference: 10 3 273
  • Account Number: 74890033337
  • District: 05
  • Parcel: 05-748-90033337
  • Lot: 197
  • Latitude: 39.1757
  • Longitude: -76.5872

    Address

  • Full Address: 1531 Furnace Ave
  • Address - House Number: 1531
  • Address - Street Name: Furnace
  • Address - Suffix Type: Ave
  • State: MD
  • City Name: Glen Burnie
  • Carrier Code: R002
  • 4-Digit Zip Code: 6751
  • Zip Code: 21060

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,423

    Appraisal Valuation

  • Standard Deviation: 0.146
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 82
  • Final Value: 399,407
  • High Value: 457,730
  • Low Value: 341,085

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $333,841
  • First Open Lien Mortgage Lender: HOMESALE MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Apr 15, 2021
  • First Open Lien Mortgage Loan Amount: $333,841
  • 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: Apr 01, 2051

    Market Valuation

  • Market Total Value: $377,700
  • Market Land Value: $162,400
  • Market Improvement Value: $215,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $313,433

    Sales

  • Current Sale Contract Date: Mar 25, 2021
  • Current Sale Recording Date: Apr 15, 2021
  • Current Sale Transaction ID: 11834968597
  • Current Sale Price: $345,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Sep 12, 2014
  • Previous Sale Contract Date: Aug 15, 2014
  • Previous Sale Amount: $240,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMESALE MORTGAGE LLC
  • First Mortgage Transaction Date: Apr 15, 2021
  • First Mortgage Loan Amount: $333,841
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: NEW PENN FINANCIAL LLC
  • Previous Mortgage Transaction Date: Sep 12, 2014
  • Previous Mortgage Loan Amount: $235,653
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Sep 01, 2044

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Frequently Asked Questions

What neighborhood is 1531 Furnace Avenue located in?
The 1531 Furnace Avenue is a located in the neighborhood of Glen Burnie in Glen Burnie, Glen Burnie.
What is the average sales price for listings in 1531 Furnace Avenue?
The average sales price for units in 1531 Furnace Avenue is $0 currently.

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