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2042 Margrave Ave

2042 Margrave Ave, Fallston, MD 21047
Sold Nov 07, 2019
$496,545
$488,000 by Florida Capital Bank Na
Mortgage Due Aug 01, 2051
Sold Dec 28, 2017
$4,785,000
Local assessors in Fallston, MD have categorized 2042 Margrave Ave as a residential type of property. The home was built in 2019 and is 5 years old. The property's lot size has been calculated to be 7,710 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 2042 Margrave Ave has a total of 2,476 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. Additional features on the property are as follows. There is a mixed used garage for those who need a place to park their vehicle. The garage on the property is 400 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 - C. The building has a roof that is made of composition shingle. Lots of unknown were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 2042 Margrave Ave sold most recently in Oct 29, 2019 for a total of $496,545. If you work out the math, that's approximately a cost of $200.54 per sqft. Before that, the property was also sold for $4,785,000 in Dec 22, 2017. 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 $4,964 in taxes each year. The initial year of tax delinquency occurred in 2022. 2042 Margrave Ave was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $475,133. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

Building Features

Condition

New Construction

Exterior

Aluminum Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Garage Type: Mixed use
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 7,710
  • Total Building Area: 2,476
  • Gross Building Area: 2,476
  • Building Area: 2,476
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,476
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HAMILTON RESERVE PLAT THREE
  • Land Acres: 0.177
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 30 7710 SF 2042 MARGRAVE AVENUE HAMILTON RESERVE 143/93

Ownership

  • Current Owner : CULLISON ANDREW SCOTT
  • Current Owner 2: CULLISON JESSICA LYNN
  • Previous Owner : U S HOME CORPORATION
  • Owner Before Previous Owner: HAMILTON RESERVE I LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Harford County Public Schools
  • Census Tract: 303400

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: 55 2D 382
  • Account Number: 398785
  • District: 03
  • Parcel: 03-398785
  • Lot: 30
  • Latitude: 39.501
  • Longitude: -76.3886

    Address

  • Full Address: 2042 Margrave Ave
  • Address - House Number: 2042
  • Address - Street Name: Margrave
  • Address - Suffix Type: Ave
  • State: MD
  • City Name: Fallston
  • Carrier Code: R007
  • 4-Digit Zip Code: 2874
  • Zip Code: 21047

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,964
  • Intital Tax Deliquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1644
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 79
  • Final Value: 691,842
  • High Value: 805,649
  • Low Value: 578,036

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $538,000
  • First Open Lien Mortgage Lender: FLORIDA CAPITAL BANK NA
  • First Open Lien Mortgage Recording Date: Jul 13, 2021
  • First Open Lien Mortgage Loan Amount: $488,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2051
  • Second Open Lien Mortgage Lender: STATE EMPLOYEES CREDIT UNION O
  • Second Open Lien Mortgage Recording Date: Oct 26, 2023
  • Second Open Lien Mortgage Loan Amount: $50,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Nov 01, 2053

    Market Valuation

  • Market Total Value: $514,400
  • Market Land Value: $157,500
  • Market Improvement Value: $356,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $475,133

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 29, 2019
  • Current Sale Recording Date: Nov 07, 2019
  • Current Sale Transaction ID: 11677787873
  • Current Sale Price: $496,545
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Dec 28, 2017
  • Previous Sale Contract Date: Dec 22, 2017
  • Previous Sale Amount: $4,785,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: EAGLE HOME MORTGAGE LLC
  • First Mortgage Transaction Date: Nov 07, 2019
  • First Mortgage Loan Amount: $484,654
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2049

About Pleasant Hills



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Frequently Asked Questions

What neighborhood is 2042 Margrave Ave located in?
The 2042 Margrave Ave is a house located in the neighborhood of Pleasant Hills in Pleasant Hills, Fallston.
What is the average sales price for listings in 2042 Margrave Ave?
The average sales price for units in 2042 Margrave Ave is $0 currently.

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