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Ellicott City 21042 Ellicott City
3216 CORNELL LANE
Photo of 3216 CORNELL LANE
Sold on Jul 31, 2014

1

Map

$732,000
● House - Off Market

3216 CORNELL LANE

ELLICOTT CITY, MD 21042
bedrooms
5 Beds
bathrooms
5 Baths
$1,391,475
RealtyHop Estimate
85.53%
Since Aug 1, 2014
National-US
Primary Model

About This Property

Gorgeous inside & out! Hardwood floors, gourmet kit, sunroom, marble surround gas fireplace, main level office/bedroom & full BA, dual staircase, landscaped patio with fireplace-waterfall, deck, level lot.  2nd floor laundry, 5 BRs, dual-entry BA & hall BA, owner suite w/2 walk-in closets, HW stairs & hall. Fin LL - wet-bar, full BA, gym, workshop, 9' ceilings, 2-zone HVAC.
Unit Size
-
Days on Market
-
Land Size
0.32 acres
Price per sqft
-
Property Type
House
Property Taxes
$701
HOA Dues
$28
Year Built
2002

Payment Calculator

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 months ago (Bright MLS #1002984934)

Price History

Date / Event Date Event Price
Sep 5, 2014 Sold
Premium
Sold
Jul 31, 2014 Sold
Premium
Sold
May 8, 2014 Listed by RE/MAX Realty Group $750,000
Listed by RE/MAX Realty Group
Aug 15, 2002 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Bedroom Count: 0
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 25
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 850
  • Garage Type: 1
  • Garage Square Area: 506
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,002
  • Total Building Area: 3,692
  • Gross Building Area: 3,692
  • Building Area: 3,692
  • Building Area Measurement: T

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 4,542
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CORNNELL PROP
  • Land Acres: 0000000321
  • Standard Land Use Code: 1001
  • County Land Use Code: R-A001
  • Legal Description 1: LOT 7 14,002 SQ' 3216 CORNNELL LN CORNNELL PROPERTY

Neighborhood

  • School District Name: Howard County Public Schools
  • Census Tract: 602303

Zoning

  • Zoning: R20

Geography

  • Assessors Map Reference: 16 24 37
  • Account Number: 393050
  • District: 02
  • Parcel: 02-393050
  • Lot: 7
  • Latitude: 39.285
  • Longitude: -76.8818

    Address

  • Full Address: 3216 Cornell Ln
  • Address - House Number: 3216
  • Address - Street Name: Cornell
  • Address - Suffix Type: Ln
  • State: MD
  • City Name: Ellicott City
  • Carrier Code: R023
  • 4-Digit Zip Code: 1305
  • Zip Code: 21042

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,168,339

    Appraisal Valuation

  • Standard Deviation: 0.1734
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 77
  • Final Value: 1,044,743
  • High Value: 1,225,922
  • Low Value: 863,564

    Market Valuation

  • Market Total Value: $785,700
  • Market Land Value: $266,500
  • Market Improvement Value: $519,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $772,333

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 31, 2014
  • Current Sale Recording Date: Sep 05, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Aug 15, 2002
  • Previous Sale Amount: $500,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Ellicott City

Stats & Trends

Median Asking:

$720,000

Sale Price/ft²

$265

Below Asking

0.01%

Average Days on Market

40

Average Home Size

2429 ft²

Average Home Age

31.1 years

Currently For Sale

87 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 2236 Sussex Way, WOODSTOCK, MD, 21163

$3,200 /mo

  • 3 Beds
  • 3 Baths
  • 2,122 ft²
2236 Sussex Way, WOODSTOCK, MD, 21163 Listing by SEAN M PERKINS
Unit for rent at 2229 Merion Pond, WOODSTOCK, MD, 21163

$3,600 /mo

  • 3 Beds
  • 3 Baths
  • 2,216 ft²
2229 Merion Pond #14, WOODSTOCK, MD, 21163 Listing by Mengdi Chu
Unit for rent at 2111 Ganton Green, WOODSTOCK, MD, 21163

$2,750 /mo

  • 2 Beds
  • 2 Baths
  • 1,331 ft²
2111 Ganton Green #208E, WOODSTOCK, MD, 21163 Listing by Sandra L Serrao

Rentals Near You

Click here to view more rentals in the neighborhood.
Bright MLS

Listed by: Teri Deane
RE/MAX Realty Group
Last Updated: 10 hours ago
Data Source: Bright MLS , MLS# 1002984934
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.

Frequently Asked Questions

When was property at 3216 Cornell Lane built and last sold?
The property at 3216 Cornell Lane was built in 2002 and last sold on Jul 31, 2014 for $732,000.
How much is this home worth?
The estimated value of the home located at 3216 Cornell Lane is $757,500.
What are some comparable homes to 3216 Cornell Lane?
There are currently no comparable homes to 3216 Cornell Lane.
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