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515 Trail Pass

515 Trail Pass, Owings, MD 20736
Property in Calvert
Sold Sep 25, 2012
$833,666
$560,000 by George Mason Mortgage Llc
Mortgage Due Oct 01, 2042
Local assessors in Owings, MD have categorized 515 Trail Pass as a residential type of property. The home was built in 2012 and is 12 years old. The property's lot size has been calculated to be 43,560 square feet. As for the restroom situation, there are 4 full bathrooms. There are also 5 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 515 Trail Pass has a total of 5,446 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a finished improved basement that is 1,214 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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. Additional features on the property are as follows. There is a mixed used garage for those who need a place to park their vehicle. The garage on the property is 768 sqft. There are 3 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is good. 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 - C. The building has a roof that is made of composition shingle. Lots of rock and stone 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 heat pump is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 515 Trail Pass sold most recently in Sep 21, 2012 for a total of $833,666. If you work out the math, that's approximately a cost of $196.99 per sqft. 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 $8,235 in taxes each year. 515 Trail Pass was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $792,600. 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. 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. 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: 2012
  • Effective Year Built: 2012
  • Bedroom Count: 0
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: Good
  • Building Quality: C
  • Exterior Walls Type: Rock and stone
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 1,214
  • Garage Type: Mixed use
  • Garage Square Area: 768
  • Parking Space Count: 3
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 4,232
  • Gross Building Area: 4,232
  • Building Area: 4,232
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 5,446
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COVENANT CREEK
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LT 42 PLAT 8 COVENANT CREEK

Ownership

  • Current Owner : WATSON CHERRYL A
  • Current Owner 2: WATSON JEFFREY
  • Previous Owner : MARCELLAS FARMS LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Calvert County Public Schools
  • Census Tract: 860200

Zoning

  • Zoning: RUR

Geography

  • Assessors Map Reference: 6 6 455
  • Account Number: 187438
  • District: 03
  • Parcel: 03-187438
  • Lot: 42
  • Latitude: 38.7247
  • Longitude: -76.6233

    Address

  • Full Address: 515 Trail Pass
  • Address - House Number: 515
  • Address - Street Name: Trail
  • Address - Suffix Type: Pass
  • State: MD
  • City Name: Owings
  • Carrier Code: H005
  • 4-Digit Zip Code: 3347
  • Zip Code: 20736

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,235

    Appraisal Valuation

  • Standard Deviation: 0.1201
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 87
  • Final Value: 998,853
  • High Value: 1,118,835
  • Low Value: 878,871

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $904,200
  • First Open Lien Mortgage Lender: GEORGE MASON MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Sep 25, 2012
  • First Open Lien Mortgage Loan Amount: $560,000
  • 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: Oct 01, 2042
  • Second Open Lien Mortgage Lender: BANK OF AMERICA NA
  • Second Open Lien Mortgage Recording Date: Aug 03, 2022
  • Second Open Lien Mortgage Loan Amount: $344,200
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Jul 21, 2052

    Market Valuation

  • Market Total Value: $887,600
  • Market Land Value: $220,000
  • Market Improvement Value: $667,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $792,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 21, 2012
  • Current Sale Recording Date: Sep 25, 2012
  • Current Sale Transaction ID: 1733475177
  • Current Sale Price: $833,666
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: GEORGE MASON MORTGAGE LLC
  • First Mortgage Transaction Date: Sep 25, 2012
  • First Mortgage Loan Amount: $560,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2042

About Owings



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Frequently Asked Questions

What neighborhood is 515 Trail Pass located in?
The 515 Trail Pass is a located in the neighborhood of Calvert in Owings, Owings.
What is the average sales price for listings in 515 Trail Pass?
The average sales price for units in 515 Trail Pass is $0 currently.

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