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Severn 21076 Severn
7402 LOCUST DRIVE
$525,000
● House - Off Market

7402 LOCUST DRIVE

HANOVER, MD 21076
bedrooms
5 Beds
bathrooms
3 Baths
square feet
3,312 Ft²
$2,978
Est. Monthly

About This Property

Welcome to this DIY and Investor dream home. This AS-IS property offers an excellent floor plan, updated baths, large secondary bedrooms, and an entirely contemporary feel.  Check out the floor plan in the photos. This hidden gem will easily sell for 600-625K with some elbow grease, cosmetics, and smart choices.

Hard-to-find features include a huge 14X23 primary bedroom with a private balcony overlooking the rear yard, an ensuite spa-inspired bathtub, rainfall shower, and his and hers customized walk-in closet. Large modern kitchen with tons of cabinet pullouts, counters, and a big island. and desk -school work area.  All of this opens onto a 20x20 screened deck.  Downstairs has two very large bedrooms (or office and exercise room) generous family room with a pellet stove and a full bath and laundry.  The home will be emptied before closing. Standard sale with attractive VA ASSUMABLE LOAN.  You do NOT have to be a veteran or in active service.   It is not available to investors.  The current loan balance is approximately $378,000 and is a 30-year fixed at 2.375%.  This works out to a principal and interest of $1582.80 a month!

Drone photography and a floor plan with dimensions are uploaded in photos.  No HOA, huge, level, fenced lot.  Long driveway and parking for 8+ cars.   No showings without a licensed real estate agent.
Unit Size
3,312 Ft²
Days on Market
-
Land Size
0.48 acres
Price per sqft
$159
Property Type
House
Property Taxes
$400
HOA Dues
-
Year Built
1967

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Last updated: 3 months ago (Bright MLS #MDAA2088520)

Price History

Date / Event Date Event Price
Dec 4, 2024 Sold
Sold
Jul 31, 2024 In contract -
In contract
Jul 23, 2024 Listed by RE/MAX Realty Group $525,000
Listed by RE/MAX Realty Group
Welcome to this DIY and Investor dream home. This AS-IS property offers an excellent floor plan, updated baths, large secondary bedrooms, and an entirely contemporary feel. Check out the floor plan in the photos. This hidden gem will easily sell for 600-625K with some elbow grease, cosmetics, and smart choices. Hard-to-find features include a huge 14X23 primary bedroom with a private balcony overlooking the rear yard, an ensuite spa-inspired bathtub, rainfall shower, and his and hers customized walk-in closet. Large modern kitchen with tons of cabinet pullouts, counters, and a big island. and desk -school work area. All of this opens onto a 20x20 screened deck. Downstairs has two very large bedrooms (or office and exercise room) generous family room with a pellet stove and a full bath and laundry. The home will be emptied before closing. Standard sale with attractive VA ASSUMABLE LOAN. You do NOT have to be a veteran or in active service. It is not available to investors. The current loan balance is approximately $378,000 and is a 30-year fixed at 2.375%. This works out to a principal and interest of $1582.80 a month! Drone photography and a floor plan with dimensions are uploaded in photos. No HOA, huge, level, fenced lot. Long driveway and parking for 8+ cars. No showings without a licensed real estate agent.
Aug 9, 2017 Sold
Sold
Sep 16, 2014 Sold
Sold
Show More

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 42
  • Exterior Walls Type: 25
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 500
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,000
  • Total Building Area: 1,656
  • Gross Building Area: 1,656
  • Building Area: 1,656
  • Building Area Measurement: T

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 8
  • Heated Square Feet: 2,156
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TIMBER RIDGE
  • Land Acres: 0000000482
  • Standard Land Use Code: 1001
  • County Land Use Code: R-B004
  • Legal Description 1: LT 28 7402 LOCUST DR TIMBER RIDGE

Neighborhood

  • School District Name: Anne Arundel County Public Schools
  • Census Tract: 751400

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: 8 24 356
  • Account Number: 80006981900
  • District: 05
  • Parcel: 05-800-06981900
  • Lot: 28
  • Latitude: 39.1583
  • Longitude: -76.6872

    Address

  • Full Address: 7402 Locust Dr
  • Address - House Number: 7402
  • Address - Street Name: Locust
  • Address - Suffix Type: Dr
  • State: MD
  • City Name: Hanover
  • Carrier Code: R007
  • 4-Digit Zip Code: 1519
  • Zip Code: 21076

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $441,859

    Appraisal Valuation

  • Standard Deviation: 0.1335
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 84
  • Final Value: 539,573
  • High Value: 611,659
  • Low Value: 467,487

    Market Valuation

  • Market Total Value: $436,700
  • Market Land Value: $206,200
  • Market Improvement Value: $230,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $404,633

    Sales

  • Current Sale Contract Date: Jul 15, 2017
  • Current Sale Recording Date: Aug 09, 2017
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 31235-252
  • Previous Sale Recording Date: Sep 16, 2014
  • Previous Sale Contract Date: Sep 12, 2014
  • Previous Sale Amount: $370,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Severn


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Frequently Asked Questions

When was property at 7402 Locust Drive built and last sold?
The property at 7402 Locust Drive was built in 1967 and last sold on Jul 15, 2017 for $411,500.
How much is this home worth?
The estimated value of the home located at 7402 Locust Drive is $530,250.
What are some comparable homes to 7402 Locust Drive?
There are currently no comparable homes to 7402 Locust Drive.