7038 Rackham Way

7038 Rackham Way in Hanover, MD was first built in 2018 and is 6 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a townhouse style. There are a total of 4 floors. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 7038 Rackham Way has 2,172 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 1,080 square feet.

Learn more about the property and building on this page. The roof of the home is made of composition shingle. For those who need parking, there is a built-in garage. The garage is 240 sqft. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as excellent. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit. 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, 7038 Rackham Way sold most recently in Nov 21, 2018 for a total of $411,015. If you work out the math, that's approximately a cost of $169.84 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 $5,866 in taxes each year. The initial year of tax delinquency occurred in 2018. 7038 Rackham Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $407,200. If we break it down further, the land itself was valued at $135,000. Improvements to the property, however, were assessed at a total of $272,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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.