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9742 Michaels Way

9742 Michaels Way, Ellicott City, MD 21042
Property in Ellicott City
Sold Dec 09, 2021
$500,000
$350,000 by Presidential Bank Fsb
Mortgage Due Dec 01, 2051
Sold Sep 26, 2013
$390,000
$312,000 by Provident Funding Associates L
Mortgage Due Sep 01, 2043
Local assessors in Ellicott City, MD have categorized 9742 Michaels Way as a residential type of property. The home was built in 1974 and is 50 years old. The property's lot size has been calculated to be 20,037 square feet. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 9742 Michaels Way has a total of 1,817 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 483 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a open porch and a patio so you'll have great options in both the front and back of the home. 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 forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Nov 5, 2021 for $500,000. That's $275.18 per sqft. Prior to that sales transaction, the property was also sold in Aug 28, 2013 for $390,000. 9742 Michaels Way was last assessed in 2023. The total value of the property was assessed at $406,667. 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 $6,241. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C+
  • Construction Type: Frame
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 483
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 20,037
  • Total Building Area: 1,817
  • Gross Building Area: 1,817
  • Building Area: 1,817
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,817
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: BETHWOOD
  • Land Acres: 0.46
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 10 BL A S 5 9742 MICHAELS WAY BETHWOOD

Ownership

  • Current Owner : LAZARIS ALICIA
  • Previous Owner : LIU PENG
  • Previous Owner 2: LIANG LILI
  • Owner Before Previous Owner: SALCH PATRICIA H
  • Owner Before Previous Owner 2: SALEH IRAJ
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Howard County Public Schools
  • Census Tract: 602202

Zoning

  • Zoning: R20

Geography

  • Assessors Map Reference: 17 21 601
  • Account Number: 254522
  • District: 02
  • Parcel: 02-254522
  • Block: A
  • Lot: 10
  • Latitude: 39.2904
  • Longitude: -76.8484

    Address

  • Full Address: 9742 Michaels Way
  • Address - House Number: 9742
  • Address - Street Name: Michaels
  • Address - Suffix Type: Way
  • State: MD
  • City Name: Ellicott City
  • Carrier Code: C003
  • 4-Digit Zip Code: 2340
  • Zip Code: 21042

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,241

    Appraisal Valuation

  • Standard Deviation: 0.1321
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 84
  • Final Value: 569,306
  • High Value: 644,527
  • Low Value: 494,085

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $350,000
  • First Open Lien Mortgage Lender: PRESIDENTIAL BANK FSB
  • First Open Lien Mortgage Recording Date: Dec 09, 2021
  • First Open Lien Mortgage Loan Amount: $350,000
  • 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: Dec 01, 2051

    Market Valuation

  • Market Total Value: $430,400
  • Market Land Value: $259,500
  • Market Improvement Value: $170,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $406,667

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 05, 2021
  • Current Sale Recording Date: Dec 09, 2021
  • Current Sale Transaction ID: 11873647669
  • Current Sale Price: $500,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Sep 26, 2013
  • Previous Sale Contract Date: Aug 28, 2013
  • Previous Sale Amount: $390,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PRESIDENTIAL BANK FSB
  • First Mortgage Transaction Date: Dec 09, 2021
  • First Mortgage Loan Amount: $350,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: PROVIDENT FUNDING ASSOCIATES L
  • Previous Mortgage Transaction Date: Sep 26, 2013
  • Previous Mortgage Loan Amount: $312,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2043

About Ellicott City



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Frequently Asked Questions

What neighborhood is 9742 Michaels Way located in?
The 9742 Michaels Way is a located in the neighborhood of Ellicott City in Ellicott City, Ellicott City.
What is the average sales price for listings in 9742 Michaels Way?
The average sales price for units in 9742 Michaels Way is $0 currently.

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