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7218 Dorchester Woods Lane

7218 Dorchester Woods Lane, Hanover, MD 21076
Property in Anne Arundel
Local assessors in Hanover, MD have categorized 7218 Dorchester Woods Lane as a residential type of property. The home was built in 2011 and is 13 years old. The property's lot size has been calculated to be 1,300 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a townhouse style. As for the restroom situation, there are 2 full bathrooms. There are also 3 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 7218 Dorchester Woods Lane has a total of 2,310 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 630 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. 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 unknown 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. 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, 7218 Dorchester Woods Lane sold most recently in Feb 10, 2021 for a total of $410,000. If you work out the math, that's approximately a cost of $244.05 per sqft. Before that, the property was also sold for $328,186 in Oct 20, 2011. 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 $4,068 in taxes each year. 7218 Dorchester Woods Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $372,567. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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

Vinyl Siding

Parking

On-Street Parking
Parking Lot
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210106
01/06/2021
3 Bed
3 Bath
-
$387,000
bedrooms
3 Bed
bathrooms
3 Bath
$410,000 +5.94%
02/17/2021
Christine J Basham

Building Info

Overview

    General

  • Year Built: 2011
  • Effective Year Built: 2011
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: C+
  • Building Style: Townhouse
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 630
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,300
  • Total Building Area: 1,680
  • Gross Building Area: 1,680
  • Building Area: 1,680
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 2,310
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DORCHESTER WOODS
  • Land Acres: 0.03
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LT 42 7218 DORCHESTER WOODS LN DORCHESTER WOODS

Ownership

  • Current Owner : EDMONDS KIM Y
  • Previous Owner : SONG DAE KWANG
  • Previous Owner 2: KIM SOON HEE
  • Owner Before Previous Owner: NVR INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Anne Arundel County Public Schools
  • Census Tract: 740107

Zoning

  • Zoning: R-5

Geography

  • Assessors Map Reference: 8 14 195
  • Account Number: 20890233552
  • District: 04
  • Parcel: 04-208-90233552
  • Lot: 42
  • Latitude: 39.1645
  • Longitude: -76.7333

    Address

  • Full Address: 7218 Dorchester Woods Ln
  • Address - House Number: 7218
  • Address - Street Name: Dorchester Woods
  • Address - Suffix Type: Ln
  • State: MD
  • City Name: Hanover
  • Carrier Code: R009
  • 4-Digit Zip Code: 2038
  • Zip Code: 21076

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,068

    Appraisal Valuation

  • Standard Deviation: 0.1531
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 81
  • Final Value: 474,488
  • High Value: 547,160
  • Low Value: 401,816

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $328,000
  • First Open Lien Mortgage Lender: FIRST HOME MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Feb 17, 2021
  • First Open Lien Mortgage Loan Amount: $328,000
  • 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: Mar 01, 2051

    Market Valuation

  • Market Total Value: $404,300
  • Market Land Value: $140,000
  • Market Improvement Value: $264,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $372,567

    Sales

  • Current Sale Contract Date: Feb 10, 2021
  • Current Sale Recording Date: Feb 17, 2021
  • Current Sale Transaction ID: 11831917344
  • Current Sale Price: $410,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Nov 02, 2011
  • Previous Sale Contract Date: Oct 20, 2011
  • Previous Sale Amount: $328,186
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST HOME MORTGAGE CORP
  • First Mortgage Transaction Date: Feb 17, 2021
  • First Mortgage Loan Amount: $328,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: NVR MORTGAGE FINANCE INC
  • Previous Mortgage Transaction Date: Nov 02, 2011
  • Previous Mortgage Loan Amount: $262,548
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2026

About Severn



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Unit for rent at 7288 Flaxpool Ct, HANOVER, MD, 21076

$2,500 /mo

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Frequently Asked Questions

What neighborhood is 7218 Dorchester Woods Lane located in?
The 7218 Dorchester Woods Lane is a located in the neighborhood of Anne Arundel in Severn, Hanover.
What is the average sales price for listings in 7218 Dorchester Woods Lane?
The average sales price for units in 7218 Dorchester Woods Lane is $387,000 currently.

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