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7706 Cresap Lane

7706 Cresap Lane, Hanover, MD 21076
Property in Anne Arundel
7706 Cresap Lane 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 2019 and is 5 years old. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 7706 Cresap Lane has 2,224 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 432 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 2,295 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 340 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 excellent. 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. 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, 7706 Cresap Lane sold most recently in Oct 30, 2023 for a total of $600,000. If you work out the math, that's approximately a cost of $334.82 per sqft. Before that, the property was also sold for $480,429 in Jul 24, 2019. 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 $5,372 in taxes each year. 7706 Cresap Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $491,900. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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

Accessibility

ADA Access

Building Style

Colonial

Facilities

Fitness Center
Laundry Room

Swimming Pool

Outdoor Pool
Inground Pool

Parking

Garage Parking
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230810
08/10/2023
3 Bed
3 Bath
2672 ft²
$590,000
bedrooms
3 Bed
bathrooms
3 Bath
square feet
2672 ft²
$600,000 +1.69%
12/26/2023
Sunna Ahmad
Cummings & Co. Realtors

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Excellent
  • Building Quality: C
  • Building Style: Townhouse
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 432
  • Garage Type: Underground/basement
  • Garage Square Area: 340
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 2,295
  • Total Building Area: 1,792
  • Gross Building Area: 1,792
  • Building Area: 1,792
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 2,224
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SHIPLEY HOMESTEAD - SECTION 1 REVISED
  • Land Acres: 0.053
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LOT 106R 7706 CRESAP LN SHIPLEY HOMESTEAD SC 1 R

Ownership

  • Current Owner : QUASHIE JOHN MENSAH
  • Current Owner 2: BATTLE TIFFANY RANDI
  • Previous Owner : ROSALINDA COLOMA MARIANO LIVING TRUST
  • Owner Before Previous Owner: PULTE HOME COMPANY LLC
  • Ownership Rights Codes: Life Tenant
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Anne Arundel County Public Schools
  • Census Tract: 740108

Zoning

  • Zoning: R5

Geography

  • Assessors Map Reference: 14 13 112
  • Account Number: 76790244726
  • District: 04
  • Section: 1
  • Parcel: 04-767-90244726
  • Lot: 106R
  • Latitude: 39.1358
  • Longitude: -76.7405

    Address

  • Full Address: 7706 Cresap Ln
  • Address - House Number: 7706
  • Address - Street Name: Cresap
  • Address - Suffix Type: Ln
  • State: MD
  • City Name: Hanover
  • Carrier Code: R018
  • 4-Digit Zip Code: 2247
  • Zip Code: 21076

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,372

    Appraisal Valuation

  • Standard Deviation: 0.0838
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 93
  • Final Value: 582,758
  • High Value: 631,645
  • Low Value: 533,871

    Market Valuation

  • Market Total Value: $556,100
  • Market Land Value: $170,000
  • Market Improvement Value: $386,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $491,900

    Sales

  • Current Sale Contract Date: Oct 30, 2023
  • Current Sale Recording Date: Dec 26, 2023
  • Current Sale Transaction ID: 11918497939
  • Current Sale Price: $600,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Aug 02, 2019
  • Previous Sale Contract Date: Jul 24, 2019
  • Previous Sale Amount: $480,429
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ARK-LA-TEX FIN'L SERVICES, LLC
  • First Mortgage Transaction Date: Dec 26, 2023
  • First Mortgage Loan Amount: $589,132
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2053

About Severn



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Frequently Asked Questions

What neighborhood is 7706 Cresap Lane located in?
The 7706 Cresap Lane is a located in the neighborhood of Anne Arundel in Severn, Hanover.
What is the average sales price for listings in 7706 Cresap Lane?
The average sales price for units in 7706 Cresap Lane is $590,000 , or $221/sqft. currently.

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