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7943 Covington Avenue

7943 Covington Avenue, Glen Burnie, MD 21061
Property in South Gate
Sold Aug 11, 2021
$402,000
$394,718 by Home Point Financial Corporati
Mortgage Due Jul 01, 2051
Sold Feb 02, 1990
$135,500
$137,193
Mortgage
7943 Covington Avenue has been categorized by the local assessors in Glen Burnie, MD as a residential type of property. The building on the property was first built in 1971 and is 53 years old. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 7943 Covington Avenue has 2,072 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 6,500 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. 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 forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. 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, 7943 Covington Avenue sold most recently in Jun 28, 2021 for a total of $402,000. If you work out the math, that's approximately a cost of $194.02 per sqft. Before that, the property was also sold for $135,500 in Feb 2, 1990. 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 $3,520 in taxes each year. The initial year of tax delinquency occurred in 2021. 7943 Covington Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $322,333. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Quality: C+
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 6,500
  • Total Building Area: 2,072
  • Gross Building Area: 2,072
  • Building Area: 2,072
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,072
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: PARKE WEST ADD
  • Land Acres: 0.149
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LT 16 SC 2 7943 COVINGTON AVE PARKE WEST

Ownership

  • Current Owner : GAROFOLO LACEY
  • Current Owner 2: MILLER COLIN
  • Previous Owner : COMSTOCK DAVID R
  • Previous Owner 2: COMSTOCK DONNA SACCHETTA
  • Owner Before Previous Owner: SCOTT WILLIAM D
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Anne Arundel County Public Schools
  • Census Tract: 740204

Zoning

  • Zoning: R5

Geography

  • Assessors Map Reference: 15 10 447
  • Account Number: 55500731777
  • District: 04
  • Section: 2
  • Parcel: 04-555-00731777
  • Lot: 16
  • Latitude: 39.1349
  • Longitude: -76.6474

    Address

  • Full Address: 7943 Covington Ave
  • Address - House Number: 7943
  • Address - Street Name: Covington
  • Address - Suffix Type: Ave
  • State: MD
  • City Name: Glen Burnie
  • Carrier Code: C046
  • 4-Digit Zip Code: 4878
  • Zip Code: 21061

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,520
  • Intital Tax Deliquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1642
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 79
  • Final Value: 453,258
  • High Value: 527,689
  • Low Value: 378,828

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $394,718
  • First Open Lien Mortgage Lender: HOME POINT FINANCIAL CORPORATI
  • First Open Lien Mortgage Recording Date: Aug 11, 2021
  • First Open Lien Mortgage Loan Amount: $394,718
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2051

    Market Valuation

  • Market Total Value: $383,200
  • Market Land Value: $160,600
  • Market Improvement Value: $222,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $322,333

    Sales

  • Current Sale Contract Date: Jun 28, 2021
  • Current Sale Recording Date: Aug 11, 2021
  • Current Sale Transaction ID: 11849375710
  • Current Sale Price: $402,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Feb 02, 1990
  • Previous Sale Contract Date: Feb 02, 1990
  • Previous Sale Amount: $135,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOME POINT FINANCIAL CORPORATI
  • First Mortgage Transaction Date: Aug 11, 2021
  • First Mortgage Loan Amount: $394,718
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2051

    Previous Mortgages

  • Previous Mortgage Transaction Date: Feb 02, 1990
  • Previous Mortgage Loan Amount: $137,193

About South Gate



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Frequently Asked Questions

What neighborhood is 7943 Covington Avenue located in?
The 7943 Covington Avenue is a located in the neighborhood of South Gate in South Gate, Glen Burnie.
What is the average sales price for listings in 7943 Covington Avenue?
The average sales price for units in 7943 Covington Avenue is $0 currently.

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