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507 Bruce Avenue

507 Bruce Avenue, Odenton, MD 21113
Property in Odenton
Sold Apr 04, 2005
$140,000
$112,000 by Bank Of America Na
Mortgage Due Apr 01, 2035
Sold Oct 19, 2004
$95,014
Local assessors in Odenton, MD have categorized 507 Bruce Avenue as a residential type of property. The home was built in 1955 and is 69 years old. The property's lot size has been calculated to be 11,250 square feet. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 507 Bruce Avenue has a total of 1,174 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. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Do you like to entertain? The home has a patio so you'll have a great option in the back of the home. 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 - B. 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. 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, 507 Bruce Avenue sold most recently in Jan 1, 1970 for a total of $140,000. If you work out the math, that's approximately a cost of $119.25 per sqft. Before that, the property was also sold for $95,014 in Jan 1, 1970. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,857 in taxes each year. 507 Bruce Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $261,667. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: B
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 11,250
  • Total Building Area: 1,174
  • Gross Building Area: 1,174
  • Building Area: 1,174
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,174
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: KINGS HEIGHTS
  • Land Acres: 0.258
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LT 4 BK D 507 BRUCE AVE KINGS HEIGHTS

Ownership

  • Current Owner : ALTHOFF GREGORY J
  • Current Owner 2: WALKER MARCIA E
  • Previous Owner : SECRETARY OF HOUSING & URBAN DEV
  • Owner Before Previous Owner: HARVEY MICHELLE C
  • Owner Generation Identifier: SR

Neighborhood

  • School District Name: Anne Arundel County Public Schools
  • Census Tract: 740900

Zoning

  • Zoning: R5

Geography

  • Assessors Map Reference: 29 6 4
  • Account Number: 42601762600
  • District: 04
  • Parcel: 04-426-01762600
  • Block: D
  • Lot: 4
  • Latitude: 39.0775
  • Longitude: -76.6937

    Address

  • Full Address: 507 Bruce Ave
  • Address - House Number: 507
  • Address - Street Name: Bruce
  • Address - Suffix Type: Ave
  • State: MD
  • City Name: Odenton
  • Carrier Code: C001
  • 4-Digit Zip Code: 1930
  • Zip Code: 21113

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,857

    Appraisal Valuation

  • Standard Deviation: 0.1477
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 82
  • Final Value: 358,025
  • High Value: 410,915
  • Low Value: 305,135

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $212,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Apr 04, 2005
  • First Open Lien Mortgage Loan Amount: $112,000
  • 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: Apr 01, 2035
  • Second Open Lien Mortgage Lender: BANK OF AMERICA NA
  • Second Open Lien Mortgage Recording Date: Sep 18, 2006
  • Second Open Lien Mortgage Loan Amount: $100,000
  • Second Open Lien Mortgage Term: 297
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Jul 03, 2031

    Market Valuation

  • Market Total Value: $281,400
  • Market Land Value: $186,300
  • Market Improvement Value: $95,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $261,667

    Sales

  • Current Sale Recording Date: Apr 04, 2005
  • Current Sale Transaction ID: 1107492365
  • Current Sale Price: $140,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 4213
  • Previous Sale Recording Date: Oct 19, 2004
  • Previous Sale Amount: $95,014
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Apr 04, 2005
  • First Mortgage Loan Amount: $112,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2035

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Frequently Asked Questions

What neighborhood is 507 Bruce Avenue located in?
The 507 Bruce Avenue is a located in the neighborhood of Odenton in Odenton, Odenton.
What is the average sales price for listings in 507 Bruce Avenue?
The average sales price for units in 507 Bruce Avenue is $0 currently.

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