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7518 Far Hills Drive

7518 Far Hills Drive, Towson, MD 21286
Property in Baltimore
Sold Oct 04, 2018
$224,000
$179,200 by Credence Funding Corp
Mortgage Due Oct 01, 2048
Sold Mar 23, 2011
$252,500
7518 Far Hills Drive in Towson, MD was first built in 1953 and is 71 years old. This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 7518 Far Hills Drive has 1,040 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 600 ft and the linear feet between the front and back of the lot is 1,180. In total, the area measurement of the land is 7,973 square feet.

Learn more about the property and building on this page. There is a open porch. The roof of the home is made of composition shingle. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a carport. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C+. The condition of the building has been evaluated as average. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 7518 Far Hills Drive sold most recently in Sep 28, 2018 for a total of $224,000. If you work out the math, that's approximately a cost of $160.92 per sqft. Before that, the property was also sold for $252,500 in Mar 14, 2011. 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 $4,244 in taxes each year. The initial year of tax delinquency occurred in 2020. 7518 Far Hills Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $269,167. 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. 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: 1953
  • Effective Year Built: 1953
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Frame
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 7,973
  • Lot Size Depth Feet: 1,180
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,392
  • Gross Building Area: 1,392
  • Building Area: 1,392
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,040
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: DONNYBROOK
  • Land Acres: 0.183
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 7518 FAR HILLS DR DONNYBROOK

Ownership

  • Current Owner : MURPHY STEVEN
  • Current Owner 2: MURPHY BETH
  • Previous Owner : YATES ELLEN S
  • Owner Before Previous Owner: BERRY GRANT C
  • Ownership Rights Codes: Trustee/Conservator

Neighborhood

  • School District Name: Baltimore County Public Schools
  • Census Tract: 490800

Geography

  • Assessors Map Reference: 70 15 766
  • Account Number: 0918103190
  • District: 09
  • Section: 3
  • Parcel: 09-0918103190
  • Block: E
  • Lot: 1
  • Latitude: 39.3909
  • Longitude: -76.5939

    Address

  • Full Address: 7518 Far Hills Dr
  • Address - House Number: 7518
  • Address - Street Name: Far Hills
  • Address - Suffix Type: Dr
  • State: MD
  • City Name: Towson
  • Carrier Code: C020
  • 4-Digit Zip Code: 7938
  • Zip Code: 21286

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,244
  • Intital Tax Deliquent Year: 2020

    Appraisal Valuation

  • Standard Deviation: 0.2015
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 72
  • Final Value: 380,428
  • High Value: 457,107
  • Low Value: 303,748

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $179,200
  • First Open Lien Mortgage Lender: CREDENCE FUNDING CORP
  • First Open Lien Mortgage Recording Date: Oct 04, 2018
  • First Open Lien Mortgage Loan Amount: $179,200
  • 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: Oct 01, 2048

    Market Valuation

  • Market Total Value: $311,100
  • Market Land Value: $101,600
  • Market Improvement Value: $209,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $269,167

    Sales

  • Current Sale Contract Date: Sep 28, 2018
  • Current Sale Recording Date: Oct 04, 2018
  • Current Sale Transaction ID: 11513602924
  • Current Sale Price: $224,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Mar 23, 2011
  • Previous Sale Contract Date: Mar 14, 2011
  • Previous Sale Amount: $252,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CREDENCE FUNDING CORP
  • First Mortgage Transaction Date: Oct 04, 2018
  • First Mortgage Loan Amount: $179,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2048

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Frequently Asked Questions

What neighborhood is 7518 Far Hills Drive located in?
The 7518 Far Hills Drive is a located in the neighborhood of Baltimore in Towson, Towson.
What is the average sales price for listings in 7518 Far Hills Drive?
The average sales price for units in 7518 Far Hills Drive is $0 currently.

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