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453 Colonial Ridge Lane

453 Colonial Ridge Lane, Arnold, MD 21012
Property in Arnold
Sold Apr 15, 2013
$240,000
$143,000 by Nationstar Mortgage Llc
Mortgage Due Aug 01, 2042
453 Colonial Ridge Lane has been categorized by the local assessors in Arnold, MD as a residential type of property. The building on the property was first built in 1977 and is 47 years old. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 453 Colonial Ridge Lane has 1,911 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 378 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 43,560 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a condo 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. 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 heat pump. 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. 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, 453 Colonial Ridge Lane was last sold in Apr 11, 2013 for $240,000. According to our calculations, that's $156.56 per sqft. Current property owners are expected to pay $3,336 in taxes per year. The property on 453 Colonial Ridge Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $305,500. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1977
  • Effective Year Built: 1977
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: B
  • Building Style: Condo
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 378
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 1,533
  • Gross Building Area: 1,533
  • Building Area: 1,533
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,911
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: COLONIAL RIDGE REGIME PHASE II
  • Land Acres: 1
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: U 53 BLDG 4 PH 2 453 COLONIAL RIDGE LN BAY HILLS COLONIAL RIDGE

Ownership

  • Current Owner : PAYNE ANDREW J
  • Current Owner 2: PAYNE LAURA A
  • Previous Owner : FERGESON HELEN M
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Anne Arundel County Public Schools
  • Census Tract: 731106

Zoning

  • Zoning: R5

Geography

  • Assessors Map Reference: 40 8 419
  • Account Number: 07890008414
  • District: 03
  • Subdivision Phase Number: 2
  • Parcel: 03-078-90008414
  • Latitude: 39.0399
  • Longitude: -76.484

    Address

  • Full Address: 453 Colonial Ridge Ln
  • Address - House Number: 453
  • Address - Street Name: Colonial Ridge
  • Address - Suffix Type: Ln
  • State: MD
  • City Name: Arnold
  • Carrier Code: R109
  • 4-Digit Zip Code: 2391
  • Zip Code: 21012

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,336

    Appraisal Valuation

  • Standard Deviation: 0.1528
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 81
  • Final Value: 390,212
  • High Value: 449,862
  • Low Value: 330,562

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $143,000
  • First Open Lien Mortgage Lender: NATIONSTAR MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Aug 30, 2022
  • First Open Lien Mortgage Loan Amount: $143,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2042

    Market Valuation

  • Market Total Value: $310,300
  • Market Land Value: $150,000
  • Market Improvement Value: $160,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $305,500

    Sales

  • Current Sale Contract Date: Apr 11, 2013
  • Current Sale Recording Date: Apr 15, 2013
  • Current Sale Transaction ID: 1095470109
  • Current Sale Price: $240,000
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: NATIONSTAR MORTGAGE LLC
  • First Mortgage Transaction Date: Apr 15, 2013
  • First Mortgage Loan Amount: $180,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2043

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Frequently Asked Questions

What neighborhood is 453 Colonial Ridge Lane located in?
The 453 Colonial Ridge Lane is a located in the neighborhood of Arnold in Arnold, Arnold.
What is the average sales price for listings in 453 Colonial Ridge Lane?
The average sales price for units in 453 Colonial Ridge Lane is $0 currently.

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