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407 Franklin Ave, Essex, MD, 21221

2beds
2baths
1,741sqft
$355,000
$204price/sqft
$2,676/moest. monthly cost
$107,040/yrincome needed

About This Home

Coming Soon

Getting Around

74
WalkingVery Walkable
48
TransitSome Transit
47
BikeSomewhat Bikeable

Schools

4/10
Essex Elementary SchoolGrades PK-50.1 mi
2/10
2/10
Kenwood High SchoolGrades 9-121.3 mi

Construction

Condition

  • Year built: 1952

Materials

  • Foundation: Concrete Perimeter
  • Roof: Architectural Shingle
  • Construction materials: Brick

Type & Style

  • Home type: SingleFamily
  • Architectural style: Cape Cod
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Microwave,Dishwasher,Dryer,Exhaust Fan,Cooktop,Refrigerator,Washer,Water Heater,Gas Water Heater
  • Laundry features: Has Laundry,Lower Level,Laundry Room

Basement

  • Has basement: Yes
  • Basement: Full,Finished,Improved

Bathroom1

  • Level: Upper

Bedroom2

  • Level: Upper

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1

Dining Room

  • Level: Main

Family Room

  • Level: Lower

Features

  • Attic,Breakfast Area,Built-in Features,Dining Area,Floor Plan - Traditional,Formal/Separate Dining Room,Eat-in Kitchen,Kitchen - Table Space,Pantry,Walk-In Closet(s),Upgraded Countertops
  • Door features: Storm Door(s)
  • Window features: Window Treatments
  • Flooring: Carpet,Hardwood,Wood
  • Number of fireplaces: 1
  • Fireplace: Yes
  • Finished area below ground: 493
  • Finished area above ground: 1,248

Half Bath

  • Level: Lower

Heating & Cooling

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

Interior Area

  • Total structure area: 1,906
  • Total interior livable area: 1,741 sqft

Kitchen

  • Level: Main

Laundry

  • Level: Lower

Living Room

  • Level: Main

Primary Bedroom

  • Level: Upper

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 04151513201750
  • Zoning: DR
  • Special condition: Standard

Features

  • Levels: Three
  • Stories: 3
  • Pool features: None
  • Patio & porch: Patio,Porch,Terrace
  • Exterior features: Awning(s),Sidewalks,Street Lights

Lot

  • Lot size: 7,250 sqft
  • Lot size dimensions: 1.00 x

Parking

  • Total spaces: 3
  • Parking features: Storage,Covered,Garage Faces Front,Oversized,Asphalt,Detached
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3
  • Has uncovered spaces: Yes

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

  • Heat Wave
    Heat WaveRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Winter Weather
Lightning
Tsunami

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 $1,795$21,540
Home Insurance *$131$1,572
Property Taxes $469$5,628
Electricity $281$3,374
Total$2,676$32,112
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$91,748/yr
40% on housing$80,280/yr
45% on housing$71,360/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: 9.1%
9.1%
0%30.0%
Electricity Growth Rate10-year average: 8.1%
8.1%
0%15.0%
Property Taxes Growth Rate2-year average: -0.6%
-0.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$204This listing

vs Other Active Listings

Avg $/sqft

ZIP 21221$161
Baltimore County$180

vs Homes Sold Last Month

Median $/sqft

ZIP 21221$198
Baltimore County$207

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
2026-08-07Listed for sale$355,000
2024-07-22Sold$355,000
2024-06-19Pending sale$349,000
2024-06-10Listed for sale$349,000
1999-02-19Sold$109,000

For Sale by Agent

AgentTheresa Haywood
BrokerageRealty ONE Group Excellence

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