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701 Academy Road

701 Academy Road, Catonsville, MD 21228
Multifamily in Catonsville
Sold Jan 16, 2020
$395,000
$387,845 by Residential Mortgage Services
Mortgage Due Jan 01, 2050
Sold Jan 02, 2007
$288,120
$268,948 by Rita L Ruff
Mortgage Due Dec 01, 2011
Local assessors in Catonsville, MD have categorized 701 Academy Road as a residential type of property. The home was built in 1947 and is 77 years old. The property's lot size has been calculated to be 9,396 square feet. The linear feet between the front and back of the lot was measured at 1,550 ft and the front of the lot was measured at 570 ft. As for the restroom situation, there are 2 full bathrooms. There are also 2 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 701 Academy Road has a total of 1,530 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 200 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 - B. The building has a roof that is made of composition shingle. Lots of rock and stone were used in the construction of the exterior walls of the home. The home's a radiant heating system 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, 701 Academy Road sold most recently in Dec 9, 2019 for a total of $395,000. If you work out the math, that's approximately a cost of $258.17 per sqft. Before that, the property was also sold for $288,120 in Nov 17, 2006. 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 $2,927 in taxes each year. The initial year of tax delinquency occurred in 2021. 701 Academy Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $327,867. 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

Exterior

Brick Exterior

Driveway

Driveway

Parking

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

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1947
  • Building Count: 2
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: B
  • Exterior Walls Type: Rock and stone
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 200
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 9,396
  • Lot Size Depth Feet: 1,550
  • Lot Size Frontage Feet: 570
  • Total Building Area: 1,530
  • Gross Building Area: 1,530
  • Building Area: 1,530
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Radiant
  • Heated Square Feet: 1,530
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.216
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PT LT 199B,200 701 ACADEMY RD MERRIDALE LITTLE FARMS

Ownership

  • Current Owner : ADEBAYO VIVIAN D
  • Previous Owner : GREEN SHARON B
  • Owner Before Previous Owner: RUFF WILLIAM A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Baltimore County Public Schools
  • Census Tract: 400702

Geography

  • Assessors Map Reference: 95 21 219
  • Account Number: 0118720900
  • District: 01
  • Parcel: 01-0118720900
  • Lot: 200,701
  • Latitude: 39.286
  • Longitude: -76.7195

    Address

  • Full Address: 701 Academy Rd
  • Address - House Number: 701
  • Address - Street Name: Academy
  • Address - Suffix Type: Rd
  • State: MD
  • City Name: Catonsville
  • Carrier Code: C023
  • 4-Digit Zip Code: 1883
  • Zip Code: 21228

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,927
  • Intital Tax Deliquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1855
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 75
  • Final Value: 441,659
  • High Value: 523,628
  • Low Value: 359,690

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $387,845
  • First Open Lien Mortgage Lender: RESIDENTIAL MORTGAGE SERVICES
  • First Open Lien Mortgage Recording Date: Jan 16, 2020
  • First Open Lien Mortgage Loan Amount: $387,845
  • 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: Jan 01, 2050

    Market Valuation

  • Market Total Value: $333,700
  • Market Land Value: $82,500
  • Market Improvement Value: $251,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $327,867

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 09, 2019
  • Current Sale Recording Date: Jan 16, 2020
  • Current Sale Transaction ID: 11719310539
  • Current Sale Price: $395,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Jan 02, 2007
  • Previous Sale Contract Date: Nov 17, 2006
  • Previous Sale Amount: $288,120
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: RESIDENTIAL MORTGAGE SERVICES
  • First Mortgage Transaction Date: Jan 16, 2020
  • First Mortgage Loan Amount: $387,845
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: RITA L RUFF
  • Previous Mortgage Transaction Date: Jan 02, 2007
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $268,948
  • Previous Mortgage Term: 60
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Dec 01, 2011

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Frequently Asked Questions

What neighborhood is 701 Academy Road located in?
The 701 Academy Road is a multifamily located in the neighborhood of Catonsville in Catonsville, Catonsville.
What is the average sales price for listings in 701 Academy Road?
The average sales price for units in 701 Academy Road is $0 currently.

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