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7503 Hearthside Way

7503 Hearthside Way, Elkridge, MD 21075
Property in Howard
Sold Apr 17, 2013
$318,995
$313,217 by Nvr Mortgage Finance Inc
Mortgage Due Apr 01, 2043
Sold Jan 18, 2013
$712,500
7503 Hearthside Way has been categorized by the local assessors in Elkridge, MD as a residential type of property. The building on the property was first built in 2013 and is 11 years old. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 3 stories. In addition, 7503 Hearthside Way has 1,780 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 1,322 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a townhouse style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a built-in garage for those who require parking. The garage measured 380 sqft. According to our sources, there is one available parking space. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C+ by the local assessor. The roof of the building is made of composition shingle. 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. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. 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, 7503 Hearthside Way sold most recently in Mar 29, 2013 for a total of $318,995. If you work out the math, that's approximately a cost of $179.21 per sqft. Before that, the property was also sold for $712,500 in Dec 10, 2012. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $5,299 in taxes each year. 7503 Hearthside Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $342,300. If we break it down further, the land itself was valued at $160,000. Improvements to the property, however, were assessed at a total of $182,300. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2013
  • Effective Year Built: 2013
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Frame
  • Building Style: Townhouse
  • Roof Cover Type: Composition shingle
  • Floor Count: 3
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Built-in
  • Garage Square Area: 380
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 1,322
  • Total Building Area: 1,780
  • Gross Building Area: 1,780
  • Building Area: 1,780
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,780
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: HOWARD WUARE
  • Land Acres: 0.03
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LOT 157, 1,322 SQ' 7503 HEARTHSIDE WAY HOWARD SQUARE, PH. 2, SE

Ownership

  • Current Owner : CAPLAN KELLY
  • Current Owner 2: CAPLAN JONATHAN
  • Previous Owner : NVR INC
  • Owner Before Previous Owner: ATAPCO HOWARD SQUARE II STATUTORY TRUST
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Howard County Public Schools
  • Census Tract: 601203

Zoning

  • Zoning: CACLI

Geography

  • Assessors Map Reference: 43 9 657
  • Account Number: 593757
  • District: 01
  • Parcel: 01-593757
  • Lot: 157
  • Latitude: 39.1741
  • Longitude: -76.7827

    Address

  • Full Address: 7503 Hearthside Way
  • Address - House Number: 7503
  • Address - Street Name: Hearthside
  • Address - Suffix Type: Way
  • State: MD
  • City Name: Elkridge
  • Carrier Code: C049
  • 4-Digit Zip Code: 6278
  • Zip Code: 21075

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,299

    Appraisal Valuation

  • Standard Deviation: 0.1366
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 84
  • Final Value: 461,675
  • High Value: 524,770
  • Low Value: 398,579

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $346,217
  • First Open Lien Mortgage Lender: NVR MORTGAGE FINANCE INC
  • First Open Lien Mortgage Recording Date: Apr 17, 2013
  • First Open Lien Mortgage Loan Amount: $313,217
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2043
  • Second Open Lien Mortgage Lender: WASHINGTON GAS LIGHT FCU
  • Second Open Lien Mortgage Recording Date: Sep 05, 2018
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $33,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Sep 05, 2048

    Market Valuation

  • Market Total Value: $342,300
  • Market Land Value: $160,000
  • Market Improvement Value: $182,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $342,300
  • Assessed Land Value: $160,000
  • Assessed Improvements Value: $182,300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 29, 2013
  • Current Sale Recording Date: Apr 17, 2013
  • Current Sale Transaction ID: 1083975702
  • Current Sale Price: $318,995
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Jan 18, 2013
  • Previous Sale Contract Date: Dec 10, 2012
  • Previous Sale Amount: $712,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: NVR MORTGAGE FINANCE INC
  • First Mortgage Transaction Date: Apr 17, 2013
  • First Mortgage Loan Amount: $313,217
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2043

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Frequently Asked Questions

What neighborhood is 7503 Hearthside Way located in?
The 7503 Hearthside Way is a located in the neighborhood of Howard in Elkridge, Elkridge.
What is the average sales price for listings in 7503 Hearthside Way?
The average sales price for units in 7503 Hearthside Way is $0 currently.

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