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5871 Race Road

5871 Race Road, Elkridge, MD 21075
House in Howard
Sold Jan 08, 2021
$490,000
$392,000 by George Mason Mortgage Llc
Mortgage Due Dec 01, 2050
Sold Nov 01, 2018
$60,000
5871 Race Road has been categorized by the local assessors in Elkridge, MD as a residential type of property. The building on the property was first built in 2020 and is 4 years old. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 5871 Race Road has 1,024 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 11,000 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. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 400 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a open porch. Moving on to the building itself. The condition of the building has been evaluated as excellent. 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 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. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. The property was last sold in Nov 19, 2020 for $490,000. That's $234.67 per sqft. Prior to that sales transaction, the property was also sold in Oct 17, 2018 for $60,000. 5871 Race Road was last assessed in 2023. The total value of the property was assessed at $428,700. Specifically, the land the property is located on was valued at $162,000. While improvements on the property were assessed at a total of $266,700. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $6,615. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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.

Building Features

Condition

New Construction

Exterior

Vinyl Siding

Driveway

Driveway

Parking

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

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Excellent
  • Building Quality: C+
  • Construction Type: Frame
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 11,000
  • Total Building Area: 2,088
  • Gross Building Area: 2,088
  • Building Area: 2,088
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,024
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: ELKRIDGE
  • Land Acres: 0.253
  • Standard Land Use Code: Single family residential
  • Legal Description 1: IMPS LOT 2 .252 A 5871 RACE RD ELKRIDGE

Ownership

  • Current Owner : VU DAVID
  • Current Owner 2: VU ANNE
  • Previous Owner : WAGANDT JAMES E
  • Owner Before Previous Owner: SIMMS GLORIA
  • Owner Before Previous Owner 2: MCBRIDE GLORIA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Howard County Public Schools
  • Census Tract: 601206

Zoning

  • Zoning: R12

Geography

  • Assessors Map Reference: 38 10 356
  • Account Number: 179853
  • District: 01
  • Parcel: 01-179853
  • Lot: 2
  • Latitude: 39.209
  • Longitude: -76.7076

    Address

  • Full Address: 5871 Race Rd
  • Address - House Number: 5871
  • Address - Street Name: Race
  • Address - Suffix Type: Rd
  • State: MD
  • City Name: Elkridge
  • Carrier Code: C022
  • 4-Digit Zip Code: 5122
  • Zip Code: 21075

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,615

    Appraisal Valuation

  • Standard Deviation: 0.1322
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 84
  • Final Value: 589,993
  • High Value: 668,007
  • Low Value: 511,979

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $392,000
  • First Open Lien Mortgage Lender: GEORGE MASON MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jan 08, 2021
  • First Open Lien Mortgage Loan Amount: $392,000
  • 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, 2050

    Market Valuation

  • Market Total Value: $428,700
  • Market Land Value: $162,000
  • Market Improvement Value: $266,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $428,700
  • Assessed Land Value: $162,000
  • Assessed Improvements Value: $266,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 19, 2020
  • Current Sale Recording Date: Jan 08, 2021
  • Current Sale Transaction ID: 11814179118
  • Current Sale Price: $490,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Nov 01, 2018
  • Previous Sale Contract Date: Oct 17, 2018
  • Previous Sale Amount: $60,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: GEORGE MASON MORTGAGE LLC
  • First Mortgage Transaction Date: Jan 08, 2021
  • First Mortgage Loan Amount: $392,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2050

About Elkridge



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 5871 Race Road located in?
The 5871 Race Road is a house located in the neighborhood of Howard in Elkridge, Elkridge.
What is the average sales price for listings in 5871 Race Road?
The average sales price for units in 5871 Race Road is $480,000 currently.

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