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257 Marganza South

257 Marganza South, Laurel, MD 20724
Property in Maryland City
Sold Jan 09, 2023
$22,000
Sold Jun 21, 2021
$395,000
$383,150 by Townebank Mortgage
Mortgage Due Jul 01, 2051
257 Marganza South has been categorized by the local assessors in Laurel, MD as a residential type of property. The building on the property was first built in 1962 and is 62 years old. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 257 Marganza South has 2,208 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 1,009 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 area measurement of the land has been determined as 11,500 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 both a open porch and a patio. 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 forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. The property was last sold in Nov 4, 2022 for $22,000. That's $17.43 per sqft. Prior to that sales transaction, the property was also sold in Jun 9, 2021 for $395,000. 257 Marganza South was last assessed in 2023. The total value of the property was assessed at $325,967. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $3,408. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Vinyl Siding

Parking

Off Street Parking
On-Street Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: B
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 1,009
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 11,500
  • Total Building Area: 1,262
  • Gross Building Area: 1,262
  • Building Area: 1,262
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,208
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: MARYLAND CITY
  • Land Acres: 0.264
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LT 34 SC 2 257 MARGANZA SOUTH MARYLAND CITY

Ownership

  • Current Owner : AAA PENTHOUSE LLC
  • Previous Owner : MARION & HENRY J KNOTT FOUNDATION INC
  • Owner Before Previous Owner: KEARNEY JOSEPH W
  • Owner Before Previous Owner 2: ESTATE OF ELLA MAY KEAMEY
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Anne Arundel County Public Schools
  • Census Tract: 751500

Zoning

  • Zoning: R5

Geography

  • Assessors Map Reference: 19 17 172
  • Account Number: 47202965900
  • District: 04
  • Section: 2
  • Parcel: 04-472-02965900
  • Lot: 34
  • Latitude: 39.0949
  • Longitude: -76.8235

    Address

  • Full Address: 257 Marganza S
  • Address - House Number: 257
  • Street Segment Direction: S
  • Address - Street Name: Marganza
  • State: MD
  • City Name: Laurel
  • Carrier Code: C014
  • 4-Digit Zip Code: 2239
  • Zip Code: 20724

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,408

    Appraisal Valuation

  • Standard Deviation: 0.1415
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 83
  • Final Value: 437,558
  • High Value: 499,485
  • Low Value: 375,631

    Market Valuation

  • Market Total Value: $369,100
  • Market Land Value: $206,800
  • Market Improvement Value: $162,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $325,967

    Sales

  • Current Sale Contract Date: Nov 04, 2022
  • Current Sale Recording Date: Jan 09, 2023
  • Current Sale Transaction ID: 11900805094
  • Current Sale Price: $22,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Jun 21, 2021
  • Previous Sale Contract Date: Jun 09, 2021
  • Previous Sale Amount: $395,000
  • Previous Sale Document Type: Assignment Deed (or Condo Deed if Land Use = "CND")

    Previous Mortgages

  • Previous Mortgage Lender: TOWNEBANK MORTGAGE
  • Previous Mortgage Transaction Date: Jun 21, 2021
  • Previous Mortgage Loan Amount: $383,150
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2051

About Maryland City



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Frequently Asked Questions

What neighborhood is 257 Marganza South located in?
The 257 Marganza South is a located in the neighborhood of Maryland City in Maryland City, Laurel.
What is the average sales price for listings in 257 Marganza South?
The average sales price for units in 257 Marganza South is $0 currently.

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