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7640 Oldfield Lane

7640 Oldfield Lane, Ellicott City, MD 21043
Property in Elkridge
Sold Sep 14, 2021
$425,000
$358,142 by Meridian Bank
Mortgage Due Sep 01, 2051
Sold Jun 19, 2015
$337,500
$270,000 by Stonegate Mortgage Corp
Mortgage Due Jul 01, 2045
7640 Oldfield Lane has been categorized by the local assessors in Ellicott City, MD as a residential type of property. The building on the property was first built in 1992 and is 32 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, 7640 Oldfield Lane has 1,820 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 1,700 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 220 sqft. According to our sources, there is one available parking space. 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 electric heaters and being fueled with electricity. 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, 7640 Oldfield Lane sold most recently in Aug 31, 2021 for a total of $425,000. If you work out the math, that's approximately a cost of $233.52 per sqft. Before that, the property was also sold for $337,500 in Jun 12, 2015. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $5,005 in taxes each year. 7640 Oldfield Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $321,900. 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 $161,900. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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.

Building Features

Exterior

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

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 220
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 1,700
  • Total Building Area: 1,820
  • Gross Building Area: 1,820
  • Building Area: 1,820
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Electric
  • Heated Square Feet: 1,820
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: WOODLAND VILLAGE SEC 02
  • Land Acres: 0.039
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LOT 228 .0390 A 7640 OLDFIELD LN WOODLAND VILLAGE S2 A2

Ownership

  • Current Owner : GURUNG DIL KUMAR
  • Current Owner 2: SHRESTHA SABITA
  • Previous Owner : CHO EDWARD H
  • Owner Before Previous Owner: ASPAN PAUL FRANCIS
  • Owner Before Previous Owner 2: TEANEY JOANNE ELIZABETH
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Howard County Public Schools
  • Census Tract: 601108

Zoning

  • Zoning: RSA8

Geography

  • Assessors Map Reference: 37 11 647
  • Account Number: 226177
  • District: 01
  • Parcel: 01-226177
  • Lot: 228
  • Latitude: 39.1987
  • Longitude: -76.7835

    Address

  • Full Address: 7640 Oldfield Ln
  • Address - House Number: 7640
  • Address - Street Name: Oldfield
  • Address - Suffix Type: Ln
  • State: MD
  • City Name: Ellicott City
  • Carrier Code: R009
  • 4-Digit Zip Code: 7945
  • Zip Code: 21043

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,005

    Appraisal Valuation

  • Standard Deviation: 0.136
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 84
  • Final Value: 471,323
  • High Value: 535,468
  • Low Value: 407,178

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $358,142
  • First Open Lien Mortgage Lender: MERIDIAN BANK
  • First Open Lien Mortgage Recording Date: Sep 14, 2021
  • First Open Lien Mortgage Loan Amount: $358,142
  • 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: Sep 01, 2051

    Market Valuation

  • Market Total Value: $321,900
  • Market Land Value: $160,000
  • Market Improvement Value: $161,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $321,900
  • Assessed Land Value: $160,000
  • Assessed Improvements Value: $161,900

    Sales

  • Current Sale Contract Date: Aug 31, 2021
  • Current Sale Recording Date: Sep 14, 2021
  • Current Sale Transaction ID: 11855808762
  • Current Sale Price: $425,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Jun 19, 2015
  • Previous Sale Contract Date: Jun 12, 2015
  • Previous Sale Amount: $337,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MERIDIAN BANK
  • First Mortgage Transaction Date: Sep 14, 2021
  • First Mortgage Loan Amount: $358,142
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: STONEGATE MORTGAGE CORP
  • Previous Mortgage Transaction Date: Jun 19, 2015
  • Previous Mortgage Loan Amount: $270,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2045

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Frequently Asked Questions

What neighborhood is 7640 Oldfield Lane located in?
The 7640 Oldfield Lane is a located in the neighborhood of Elkridge in Elkridge, Ellicott City.
What is the average sales price for listings in 7640 Oldfield Lane?
The average sales price for units in 7640 Oldfield Lane is $0 currently.

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