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7616 Ironworks Way

7616 Ironworks Way, Hanover, MD 21076
Property in Anne Arundel
Sold Apr 19, 2021
$420,000
$196,000 by Residential Mortgage Services
Mortgage Due Apr 01, 2051
Sold Aug 22, 2016
$384,510
$377,545 by Nvr Mortgage Finance Inc
Mortgage Due Sep 01, 2046
7616 Ironworks Way has been categorized by the local assessors in Hanover, MD as a residential type of property. The building on the property was first built in 2016 and is 8 years old. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 3 stories. In addition, 7616 Ironworks Way has 1,944 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a finished improved basement that is 512 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 1,470 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 garage underground or in the basement for those who require parking. The garage measured 200 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying a open porch. 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 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 heat pump. The property was last sold in Mar 31, 2021 for $420,000. That's $301.72 per sqft. Prior to that sales transaction, the property was also sold in Aug 12, 2016 for $384,510. 7616 Ironworks Way was last assessed in 2023. The total value of the property was assessed at $402,467. 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 $4,395. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. 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.

Building Features

Exterior

Aluminum Siding
Brick Exterior
Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: C
  • Building Style: Townhouse
  • Roof Cover Type: Composition shingle
  • Floor Count: 3
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 512
  • Garage Type: Underground/basement
  • Garage Square Area: 200
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 1,470
  • Total Building Area: 1,392
  • Gross Building Area: 1,392
  • Building Area: 1,392
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,944
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SUBDIVISION PLAT SHEET 4 OF 9 PARKSIDE
  • Land Acres: 0.034
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LOT 50 7616 IRONWORKS WAY PARKSIDE

Ownership

  • Current Owner : PANDIT SUDHIR S
  • Current Owner 2: PANDIT ALKA S
  • Previous Owner : COVINGTON KIARA
  • Previous Owner 2: COVINGTON PATRICK
  • Owner Before Previous Owner: NVR INC

Neighborhood

  • School District Name: Anne Arundel County Public Schools
  • Census Tract: 740601

Zoning

  • Zoning: MXDR

Geography

  • Assessors Map Reference: 13 18 70
  • Account Number: 42090243766
  • District: 04
  • Parcel: 04-420-90243766
  • Lot: 50
  • Latitude: 39.131
  • Longitude: -76.7496

    Address

  • Full Address: 7616 Ironworks Way
  • Address - House Number: 7616
  • Address - Street Name: Ironworks
  • Address - Suffix Type: Way
  • State: MD
  • City Name: Hanover
  • Carrier Code: R013
  • 4-Digit Zip Code: 2188
  • Zip Code: 21076

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,395

    Appraisal Valuation

  • Standard Deviation: 0.155
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 80
  • Final Value: 488,999
  • High Value: 564,827
  • Low Value: 413,172

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $196,000
  • First Open Lien Mortgage Lender: RESIDENTIAL MORTGAGE SERVICES
  • First Open Lien Mortgage Recording Date: Apr 19, 2021
  • First Open Lien Mortgage Loan Amount: $196,000
  • 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: Apr 01, 2051

    Market Valuation

  • Market Total Value: $443,400
  • Market Land Value: $155,000
  • Market Improvement Value: $288,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $402,467

    Sales

  • Current Sale Contract Date: Mar 31, 2021
  • Current Sale Recording Date: Apr 19, 2021
  • Current Sale Transaction ID: 11836167016
  • Current Sale Price: $420,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Aug 22, 2016
  • Previous Sale Contract Date: Aug 12, 2016
  • Previous Sale Amount: $384,510
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: RESIDENTIAL MORTGAGE SERVICES
  • First Mortgage Transaction Date: Apr 19, 2021
  • First Mortgage Loan Amount: $196,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: NVR MORTGAGE FINANCE INC
  • Previous Mortgage Transaction Date: Aug 22, 2016
  • Previous Mortgage Loan Amount: $377,545
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Sep 01, 2046

About Fort Meade



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Nearby Rentals

Unit for rent at

$1,900 /mo

  • 1 Bed
  • 1 Bath
Unit for rent at

$2,800 /mo

  • 3 Beds
  • 2 Baths
  • 1,323 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 7616 Ironworks Way located in?
The 7616 Ironworks Way is a located in the neighborhood of Anne Arundel in Fort Meade, Hanover.
What is the average sales price for listings in 7616 Ironworks Way?
The average sales price for units in 7616 Ironworks Way is $0 currently.

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