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7201 Gringotts Way #B, Elkridge, MD, 21075

3beds
3baths
2,494sqft
$529,900
$212price/sqft
$3,622/moest. monthly cost
$144,880/yrincome needed

About This Home

This end unit is located in a desirable and well-connected neighborhood of Elkridge, 7201 Gringotts Way Unit B is a beautifully designed 2023-built modern townhome offering approximately 2,658 sq ft of spacious living. This 3-bedroom, 2.5-bath home features an open-concept main level with a bright and airy living room that flows seamlessly into a contemporary kitchen equipped with a large island, stainless steel appliances, and ample cabinetry, making it ideal for both everyday living and entertaining. The upper level includes a generously sized primary suite with an attached bathroom, along with two additional bedrooms perfect for family, guests, or a home office. A convenient half bath on the main level, attached 1-car garage, and energy-efficient systems add to the comfort and practicality of the home. With its modern layout, newer construction, and prime location near major highways, shopping, and dining, this property offers an excellent blend of convenience, lifestyle, and long-term value. Nearby Stores (Within 10 Minutes Drive): * Costco Wholesale and BJ’s,* Lowe’s/Home Depot Home Improvement,* Whole Foods Market,* MOM’s Organic Market,* Trader Joe’s,* ALDI,* Walmart Supercenter,* Arundel Mills Mall,* Wegman’s,* Columbia town center,* Live Casino

Getting Around

50
WalkingSomewhat Walkable
0
TransitVery Limited Transit
22
BikeSomewhat Bikeable

Schools

3/10
4/10
5/10
Oakland Mills High SchoolGrades 9-123.9 mi

Construction

Condition

  • Year built: 2023

Materials

  • Foundation: Concrete Perimeter
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: Townhouse
  • Architectural style: Colonial
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Exhaust Fan,Microwave,Oven/Range - Electric,Range Hood,Refrigerator,Cooktop,Washer,Gas Water Heater

Basement

  • Area: 0

Basement

  • Has basement: Yes
  • Basement: Other

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1
  • Main level bathrooms: 1

Features

  • Dining Area,Primary Bath(s),Open Floorplan
  • Finished area below ground: 0
  • Finished area above ground: 2,494

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 2,494
  • Total interior livable area: 2,494 sqft

Property

Accessibility

  • Accessibility features: Other

Details

  • Parcel number: 1401604920
  • Attached to another structure: Yes
  • Zoning: ELKRIDGE
  • Special condition: Standard

Features

  • Levels: Three
  • Stories: 3
  • Pool features: None

Lot

  • Lot size dimensions: 0.00 x 0.00

Parking

  • Total spaces: 1
  • Parking features: Garage Faces Rear,Attached
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Winter Weather
    Winter WeatherRelatively High
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Winter Weather
Heat Wave
Lightning
Strong Wind

FEMA Declared Disasters Across Maryland Counties

Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,679$32,148
Home Insurance *$129$1,548
Property Taxes $497$5,964
Electricity $317$3,813
Total$3,622$43,464
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$124,182/yr
40% on housing$108,660/yr
45% on housing$96,586/yr

Maryland FAIR Plan Programs

Maryland Joint Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 678Commercial: 44
Total Premiums$854,000
Total Exposure$326.56M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.3%
10.3%
0%30.0%
Electricity Growth Rate10-year average: 8.1%
8.1%
0%15.0%
Property Taxes Growth Rate2-year average: -0.5%
-0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$212This listing

vs Other Active Listings

Avg $/sqft

ZIP 21075$221
Howard County$241

vs Homes Sold Last Month

Median $/sqft

ZIP 21075$232
Howard County$271

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-01Listed for sale$539,900
2023-11-27Sold$479,990
2023-11-01Listing removed--
2023-10-31Listed for sale$479,990

For Sale by Agent

AgentRaghava Pallapolu
BrokerageFairfax Realty 50/66 LLC

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