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7406 River Road

7406 River Road, Westover, MD 21871
House in Somerset
Sold Jul 02, 2019
$113,500
$114,646 by Mortgage Network Inc
Mortgage Due Jul 01, 2049
Sold Nov 21, 2017
$55,000
$44,000 by The Farmers Bank Of Willards
Mortgage
7406 River Road has been categorized by the local assessors in Westover, MD as a residential type of property. The building on the property was first built in 1976 and is 48 years old. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 7406 River Road has 1,232 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 37,679 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The roof of the building is made of composition shingle. The exterior walls of the building are made of unknown. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. The property was last sold in Jun 28, 2019 for $113,500. That's $92.13 per sqft. Prior to that sales transaction, the property was also sold in Nov 10, 2017 for $55,000. 7406 River Road was last assessed in 2023. The total value of the property was assessed at $133,567. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $1,485. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: B
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 37,679
  • Total Building Area: 1,232
  • Gross Building Area: 1,232
  • Building Area: 1,232
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,232
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: EAST OF ANNEMESSEX CREEK
  • Land Acres: 0.865
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 0.865 ACRE - PLAT 9/ ON BIG ANNAMESSEX NORTH OF MARION

Ownership

  • Current Owner : CHANEY SEAN
  • Previous Owner : LAIRD MELISSA L
  • Owner Before Previous Owner: NATIONSTAR MORTAGE LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Somerset County Public Schools
  • Census Tract: 930500

Zoning

  • Zoning: A

Geography

  • Assessors Map Reference: 49 1 56
  • Account Number: 038424
  • District: 03
  • Parcel: 03-038424
  • Latitude: 38.085
  • Longitude: -75.7489

    Address

  • Full Address: 7406 River Rd
  • Address - House Number: 7406
  • Address - Street Name: River
  • Address - Suffix Type: Rd
  • State: MD
  • City Name: Westover
  • Carrier Code: R711
  • 4-Digit Zip Code: 4012
  • Zip Code: 21871

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,485

    Appraisal Valuation

  • Standard Deviation: 0.144
  • Valuation Date: Sep 06, 2023
  • Confidence Score: 71
  • Final Value: 96,157
  • High Value: 110,008
  • Low Value: 82,305

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $114,646
  • First Open Lien Mortgage Lender: MORTGAGE NETWORK INC
  • First Open Lien Mortgage Recording Date: Jul 02, 2019
  • First Open Lien Mortgage Loan Amount: $114,646
  • 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: Jul 01, 2049

    Market Valuation

  • Market Total Value: $144,600
  • Market Land Value: $36,900
  • Market Improvement Value: $107,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $133,567

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 28, 2019
  • Current Sale Recording Date: Jul 02, 2019
  • Current Sale Transaction ID: 11628184619
  • Current Sale Price: $113,500
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Nov 21, 2017
  • Previous Sale Contract Date: Nov 10, 2017
  • Previous Sale Amount: $55,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE NETWORK INC
  • First Mortgage Transaction Date: Jul 02, 2019
  • First Mortgage Loan Amount: $114,646
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: THE FARMERS BANK OF WILLARDS
  • Previous Mortgage Transaction Date: Nov 21, 2017
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $44,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Somerset



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Frequently Asked Questions

What neighborhood is 7406 River Road located in?
The 7406 River Road is a house located in the neighborhood of Somerset in Somerset, Westover.
What is the average sales price for listings in 7406 River Road?
The average sales price for units in 7406 River Road is $0 currently.

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