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7805 Old Litchfield Lane

7805 Old Litchfield Lane, Ellicott City, MD 21043
Property in Elkridge
Sold Jul 13, 2020
$375,000
$300,000 by Nmsi Inc
Mortgage Due Aug 01, 2050
Sold Apr 20, 2011
$292,000
$233,600 by Presidential Bank Fsb
Mortgage Due May 01, 2041
Local assessors in Ellicott City, MD have categorized 7805 Old Litchfield Lane as a residential type of property. The home was built in 1988 and is 36 years old. The property's lot size has been calculated to be 2,100 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a townhouse style. As for the restroom situation, there are 3 full bathrooms. There are also 4 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 7805 Old Litchfield Lane has a total of 1,760 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a finished improved basement that is 510 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C+. The building has a roof that is made of composition shingle. Residents rely on air conditioning for their cooling system. The home's a heat pump is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 7805 Old Litchfield Lane sold most recently in Jul 7, 2020 for a total of $375,000. If you work out the math, that's approximately a cost of $272.53 per sqft. Before that, the property was also sold for $292,000 in Apr 14, 2011. 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 $5,664 in taxes each year. 7805 Old Litchfield Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $367,700. 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 $207,700. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Quality: C+
  • Construction Type: Frame
  • Building Style: Townhouse
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 510
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,100
  • Total Building Area: 1,376
  • Gross Building Area: 1,376
  • Building Area: 1,376
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,760
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: WOODLAND VILLAGE
  • Land Acres: 0.048
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LOT 48 .0482 A 7805 OLD LITCHFIELD LN WOODLAND VILL S 1

Ownership

  • Current Owner : KIM JIN HYUK
  • Current Owner 2: KIM JOON YOUNG
  • Previous Owner : PALACOROLLA GREGORY A
  • Owner Before Previous Owner: SON DAVID H
  • 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 9 647
  • Account Number: 212958
  • District: 01
  • Parcel: 01-212958
  • Lot: 48
  • Latitude: 39.2032
  • Longitude: -76.784

    Address

  • Full Address: 7805 Old Litchfield Ln
  • Address - House Number: 7805
  • Address - Street Name: Old Litchfield
  • Address - Suffix Type: Ln
  • State: MD
  • City Name: Ellicott City
  • Carrier Code: R009
  • 4-Digit Zip Code: 6975
  • Zip Code: 21043

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,664

    Appraisal Valuation

  • Standard Deviation: 0.136
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 84
  • Final Value: 485,390
  • High Value: 551,450
  • Low Value: 419,331

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $300,000
  • First Open Lien Mortgage Lender: NMSI INC
  • First Open Lien Mortgage Recording Date: Jul 13, 2020
  • First Open Lien Mortgage Loan Amount: $300,000
  • 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: Aug 01, 2050

    Market Valuation

  • Market Total Value: $367,700
  • Market Land Value: $160,000
  • Market Improvement Value: $207,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $367,700
  • Assessed Land Value: $160,000
  • Assessed Improvements Value: $207,700

    Sales

  • Current Sale Contract Date: Jul 07, 2020
  • Current Sale Recording Date: Jul 13, 2020
  • Current Sale Transaction ID: 11775756183
  • Current Sale Price: $375,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Apr 20, 2011
  • Previous Sale Contract Date: Apr 14, 2011
  • Previous Sale Amount: $292,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: NMSI INC
  • First Mortgage Transaction Date: Jul 13, 2020
  • First Mortgage Loan Amount: $300,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: PRESIDENTIAL BANK FSB
  • Previous Mortgage Transaction Date: Apr 20, 2011
  • Previous Mortgage Loan Amount: $233,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2041

About Elkridge



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Frequently Asked Questions

What neighborhood is 7805 Old Litchfield Lane located in?
The 7805 Old Litchfield Lane is a located in the neighborhood of Elkridge in Elkridge, Ellicott City.
What is the average sales price for listings in 7805 Old Litchfield Lane?
The average sales price for units in 7805 Old Litchfield Lane is $0 currently.

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