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5429 Springlake Way

5429 Springlake Way, Baltimore, MD 21212
House in Homeland
Sold Jun 06, 2023
$635,000
$508,000 by Rocket Mortgage Llc
Mortgage Due Apr 01, 2053
Sold May 25, 2016
$485,000
$254,000 by Finance Of America Mortgage Ll
Mortgage Due Jun 01, 2046
5429 Springlake Way has been categorized by the local assessors in Baltimore, MD as a residential type of property. The building on the property was first built in 1952 and is 72 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, 5429 Springlake Way has 1,820 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 340 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 linear feet between the front and back of the lot is 1,690 ft and across the front of the lot is 660 ft. The area measurement of the land has been determined as 11,151 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 400 sqft. According to our sources, there are a total of 2 available parking spaces. 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 average. 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 slate. The exterior walls of the building are made of brick. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. 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, 5429 Springlake Way sold most recently in Mar 31, 2023 for a total of $635,000. If you work out the math, that's approximately a cost of $348.90 per sqft. Before that, the property was also sold for $485,000 in May 19, 2016. 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 $11,009 in taxes each year. 5429 Springlake Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $466,500. 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.

Building Features

Exterior

Brick Exterior

Outdoor Space

Screened-In Porch

Building Style

Colonial
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C+
  • Exterior Walls Type: Brick
  • Roof Cover Type: Slate
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 340
  • Garage Type: Detached
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 11,151
  • Lot Size Depth Feet: 1,690
  • Lot Size Frontage Feet: 660
  • Total Building Area: 1,820
  • Gross Building Area: 1,820
  • Building Area: 1,820
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,820
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HOMELAND
  • Land Acres: 0.256
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 66X169

Ownership

  • Current Owner : BERKTOLD JENNIFER
  • Previous Owner : PONKO MATTHEW B
  • Owner Before Previous Owner: RUTHERFORD ARTHUR PARKE
  • Owner Before Previous Owner 2: BEHRENDT DIANA ELIZABETH
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Baltimore City Public Schools
  • Census Tract: 271200

Zoning

  • Zoning: R-1-E

Geography

  • Assessors Map Reference: 27
  • Account Number: 114983G005
  • District: 27
  • Section: 11
  • Parcel: 27-11-4983G-005
  • Block: 4983G
  • Lot: 5
  • Latitude: 39.3634
  • Longitude: -76.6173

    Address

  • Full Address: 5429 Springlake Way
  • Address - House Number: 5429
  • Address - Street Name: Springlake
  • Address - Suffix Type: Way
  • State: MD
  • City Name: Baltimore
  • Carrier Code: C015
  • 4-Digit Zip Code: 3445
  • Zip Code: 21212

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $11,009

    Appraisal Valuation

  • Standard Deviation: 0.2541
  • Valuation Date: Aug 30, 2023
  • Confidence Score: 64
  • Final Value: 617,032
  • High Value: 773,839
  • Low Value: 460,225

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $508,000
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jun 06, 2023
  • First Open Lien Mortgage Loan Amount: $508,000
  • 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, 2053

    Market Valuation

  • Market Total Value: $478,400
  • Market Land Value: $203,200
  • Market Improvement Value: $275,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $466,500

    Sales

  • Current Sale Contract Date: Mar 31, 2023
  • Current Sale Recording Date: Jun 06, 2023
  • Current Sale Transaction ID: 11907615080
  • Current Sale Price: $635,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: May 25, 2016
  • Previous Sale Contract Date: May 19, 2016
  • Previous Sale Amount: $485,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: ROCKET MORTGAGE LLC
  • First Mortgage Transaction Date: Jun 06, 2023
  • First Mortgage Loan Amount: $508,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • Previous Mortgage Transaction Date: May 25, 2016
  • Previous Mortgage Loan Amount: $254,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2046

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Frequently Asked Questions

What neighborhood is 5429 Springlake Way located in?
The 5429 Springlake Way is a house located in the neighborhood of Homeland in Northern Baltimore, Baltimore.
What is the average sales price for listings in 5429 Springlake Way?
The average sales price for units in 5429 Springlake Way is $0 currently.

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