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5940 Logans Way

5940 Logans Way, Ellicott City, MD 21043
Property in Howard
Sold Jun 28, 2017
$450,000
Buyer
$292,500 by Topone Mortgage Inc
Mortgage Due Jul 01, 2032
Sold Apr 25, 2012
$427,589
$342,071 by Wells Fargo Bank Na
Mortgage Due Apr 01, 2042
5940 Logans Way has been categorized by the local assessors in Ellicott City, MD as a residential type of property. The building on the property was first built in 2012 and is 12 years old. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 3 stories. In addition, 5940 Logans Way has 2,036 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 1,154 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a townhouse 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. For the features and amenities located on the property. There is a built-in garage for those who require parking. The garage measured 400 sqft. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. 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 composition shingle. 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. The property was last sold in Jun 26, 2017 for $450,000. That's $221.02 per sqft. Prior to that sales transaction, the property was also sold in Mar 13, 2012 for $427,589. 5940 Logans Way was last assessed in 2023. The total value of the property was assessed at $467,300. Specifically, the land the property is located on was valued at $205,000. While improvements on the property were assessed at a total of $262,300. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $6,730. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. 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: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Townhouse
  • Exterior Walls Type: Brick
  • Roof Cover Type: Composition shingle
  • Floor Count: 3
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Built-in
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 1,154
  • Total Building Area: 2,036
  • Gross Building Area: 2,036
  • Building Area: 2,036
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,036
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SHIPLEYS GRANT PH 03
  • Land Acres: 0.026
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LOT C-340 1,154 SQ' 5940 LOGANS WAY SHIPLEYS GRANT PH IV

Ownership

  • Current Owner : QI JIANFEI
  • Previous Owner : KWON HYE YEONG
  • Owner Before Previous Owner: BA WATERLOO TOWNHOMES LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Howard County Public Schools
  • Census Tract: 601105

Geography

  • Assessors Map Reference: 37 1 4
  • Account Number: 321374
  • District: 01
  • Subdivision Phase Number: 4
  • Parcel: 01-321374
  • Lot: C-340
  • Latitude: 39.2133
  • Longitude: -76.7986

    Address

  • Full Address: 5940 Logans Way
  • Address - House Number: 5940
  • Address - Street Name: Logans
  • Address - Suffix Type: Way
  • State: MD
  • City Name: Ellicott City
  • Carrier Code: C008
  • 4-Digit Zip Code: 7507
  • Zip Code: 21043

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,730

    Appraisal Valuation

  • Standard Deviation: 0.1722
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 77
  • Final Value: 608,275
  • High Value: 713,067
  • Low Value: 503,483

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $292,500
  • First Open Lien Mortgage Lender: TOPONE MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Jun 28, 2017
  • First Open Lien Mortgage Loan Amount: $292,500
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2032

    Market Valuation

  • Market Total Value: $467,300
  • Market Land Value: $205,000
  • Market Improvement Value: $262,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $467,300
  • Assessed Land Value: $205,000
  • Assessed Improvements Value: $262,300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 26, 2017
  • Current Sale Recording Date: Jun 28, 2017
  • Current Sale Transaction ID: 1589556495
  • Current Sale Price: $450,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 17671-127
  • Previous Sale Recording Date: Apr 25, 2012
  • Previous Sale Contract Date: Mar 13, 2012
  • Previous Sale Amount: $427,589
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: TOPONE MORTGAGE INC
  • First Mortgage Transaction Date: Jun 28, 2017
  • First Mortgage Loan Amount: $292,500
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2032

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Apr 25, 2012
  • Previous Mortgage Loan Amount: $342,071
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2042

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Frequently Asked Questions

What neighborhood is 5940 Logans Way located in?
The 5940 Logans Way is a located in the neighborhood of Howard in Ilchester, Ellicott City.
What is the average sales price for listings in 5940 Logans Way?
The average sales price for units in 5940 Logans Way is $0 currently.

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