7 Devon Hill Road

Local assessors in Baltimore, MD have categorized 7 Devon Hill Road as a residential type of property. The home was built in 1983 and is 41 years old. The property's lot size has been calculated to be 1,861 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo style. If we look only at the heated or air conditioned part of the building, then 7 Devon Hill Road has a total of 1,861 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. 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, 7 Devon Hill Road sold most recently in Nov 16, 2016 for a total of $555,000. If you work out the math, that's approximately a cost of $298.23 per sqft. Before that, the property was also sold for $395,000 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 $3,335 in taxes each year. 7 Devon Hill Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $623,000. If we break it down further, the land itself was valued at $123,000. Improvements to the property, however, were assessed at a total of $500,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.