7257 Parkway Drive

Local assessors in Hanover, MD have categorized 7257 Parkway Drive as a office type of property. The home was built in 1978 and is 46 years old. The property's lot size has been calculated to be 76,230 square feet. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis.

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. 7257 Parkway Drive is a 3 code building. This code stands for "buildings that have exterior walls made of non-combustible material. The interior partitions and roof structure are combustible materials. For example, the building may have concrete floors or a wood frame". 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. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. 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 flat style roof that was made of asphalt and ply sheets in a built-up roof style. Lots of brick veneer were used in the construction of the exterior walls of the home. Residents rely on a packaged air conditioning unit for their cooling system. The home's a heating system is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 7257 Parkway Drive was last sold in Apr 12, 2013 for $3,557,500. According to our calculations, that's $112.39 per sqft. Prior to that sales transaction, the property was sold for $1,035,000 in Jan 1, 1970. Current property owners are expected to pay $26,718 in taxes per year. The property on 7257 Parkway Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $2,446,700. To break that down further, the land itself was valued at $455,000. While improvements to the property were assessed at a total of $1,991,700. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. 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!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.