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400 Close Road

400 Close Road, Mc Henry, MD 21541
House in Garrett
Sold Apr 20, 2022
$65,500,000
$524,000 by Investor Mortgage Finance Llc
Mortgage Due May 01, 2052
Sold Jun 30, 2020
$449,000
$404,100 by Pnc Bank Na
Mortgage Due Jul 01, 2050
400 Close Road has been categorized by the local assessors in Mc Henry, MD as a residential type of property. The building on the property was first built in 2005 and is 19 years old. Residents will have access to 4 full bathrooms. There are 5 partial bathrooms in the home. The building has a total of 2 stories. In addition, 400 Close Road has 3,431 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 45,302 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional 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. Residents will have the luxury of enjoying a open porch. Moving on to the building itself. The condition of the building has been evaluated as good. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of metal. The exterior walls of the building are made of log. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heat pump. There is a single fireplace in the home. Perfect for those wintery nights. 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, 400 Close Road was last sold in Apr 8, 2022 for $65,500,000. According to our calculations, that's $19,096.21 per sqft. Prior to that sales transaction, the property was sold for $449,000 in Jun 25, 2020. Current property owners are expected to pay $5,331 in taxes per year. The property on 400 Close Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $430,600. To break that down further, the land itself was valued at $35,000. While improvements to the property were assessed at a total of $395,600. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. 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.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.

Building Features

Exterior

Cedar Siding
Stone Exterior

Driveway

Driveway

Parking

Paved Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Bedroom Count: 0
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: Good
  • Building Quality: C
  • Building Style: Conventional
  • Exterior Walls Type: Log
  • Roof Cover Type: Metal
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 45,302
  • Total Building Area: 3,430
  • Gross Building Area: 3,430
  • Building Area: 3,430
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 3,431
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ROLLING OAKS ESTATES
  • Land Acres: 1.04
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 1.04 AC LOT 15 ROLLING OAKS ESTATES

Ownership

  • Current Owner : MIKKA VACATION PROPERTIES LLC
  • Previous Owner : BALBONI
  • Previous Owner 2: KAITLIN
  • Owner Before Previous Owner: TSAHALIS NICHOLAS
  • Owner Before Previous Owner 2: TSAHALIS DEMITRA
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Garrett County Public Schools
  • Census Tract: 000502

Geography

  • Assessors Map Reference: 42 20 394
  • Account Number: 030726
  • District: 06
  • Parcel: 06-030726
  • Lot: 15
  • Latitude: 39.5643
  • Longitude: -79.3496

    Address

  • Full Address: 400 Close Rd
  • Address - House Number: 400
  • Address - Street Name: Close
  • Address - Suffix Type: Rd
  • State: MD
  • City Name: Mc Henry
  • Zip Code: 21541

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,331

    Appraisal Valuation

  • Standard Deviation: 0.2483
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 65
  • Final Value: 749,541
  • High Value: 935,713
  • Low Value: 563,369

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $524,000
  • First Open Lien Mortgage Lender: INVESTOR MORTGAGE FINANCE LLC
  • First Open Lien Mortgage Recording Date: Apr 20, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $524,000
  • 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: May 01, 2052

    Market Valuation

  • Market Total Value: $430,600
  • Market Land Value: $35,000
  • Market Improvement Value: $395,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $430,600
  • Assessed Land Value: $35,000
  • Assessed Improvements Value: $395,600

    Sales

  • Current Sale Contract Date: Apr 08, 2022
  • Current Sale Recording Date: Apr 20, 2022
  • Current Sale Transaction ID: 11885925418
  • Current Sale Price: $65,500,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Jun 30, 2020
  • Previous Sale Contract Date: Jun 25, 2020
  • Previous Sale Amount: $449,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: INVESTOR MORTGAGE FINANCE LLC
  • First Mortgage Transaction Date: Apr 20, 2022
  • First Mortgage Loan Amount: $524,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2052

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: PNC BANK NA
  • Previous Mortgage Transaction Date: Jun 30, 2020
  • Previous Mortgage Loan Amount: $404,100
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2050

About Garrett



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Frequently Asked Questions

What neighborhood is 400 Close Road located in?
The 400 Close Road is a house located in the neighborhood of Garrett in Garrett, Mc Henry.
What is the average sales price for listings in 400 Close Road?
The average sales price for units in 400 Close Road is $0 currently.

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