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CondominiumResidential
Last sold for $165,000 on Jan 22, 2016

8503 FALLS RUN RD

ELLICOTT CITY, MD 21043
0.53 ac
Lot SizeThe size of the land the home sits on, from county records.
1988
Year BuiltThe year the home was originally built, according to county records.
Built 198811 units935–1,090 ft²
$3.2M
All units combinedThe sum of our current value estimates for every unit in the building — roughly what the whole building's homes are worth together.
$283K
Median unit valueThe middle unit value in this building by our estimate: half the units are worth more, half less.
$293
Median $/ft²The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.

-12.3%vs the Ellicott City ZIP median sale $/ft² ($334)

Sales Performance

—
Median sale (12 mo)The middle sale price among this building's units that sold in the last 12 months, from recorded deeds.
—
1-yr changeHow the building's median sale price over the last 12 months compares with the 12 months before that.
0
Sales (12 mo)Units in this building that sold in the last 12 months, from recorded arms-length deeds.
0.0%
Turnover (12 mo)The share of units that changed hands in the last 12 months. Around 4–6% a year is typical; much higher can signal investor churn or a wave of exits.
This building's own appreciationThe building's own appreciation: for every unit that sold twice (held over a year), we compute its yearly price change between the two sales and take the middle value. This is the cleanest read on how this specific building performs, because it compares each unit to itself.
+3.3%per yeartypical hold 4.9 yrsfrom 23 same-unit resales
Median sale price (yearly, all time)Every recorded arms-length sale in the building since records begin, grouped by year: the bars count sales and the line tracks the median price paid.MedianSales
19972003200620102013201620192022
Sale price per ft² (yearly, all time)The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.$/ft²
19972003200620102013201620192022

35 arms-length sales on record for this building.

Unit Mix & Floor PlansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.

Every unit: size vs estimated valueEvery unit in the building as one dot: across is its size, up is our current value estimate, and color is its bedroom count. Vertical columns of dots are recurring floor plans; the height spread within a column shows how much floor, view and condition move prices for the same layout.
$278K$291K$304K$317K935 ft²966 ft²997 ft²1,028 ft²1,059 ft²1,090 ft²
Studio
Studio
11 units
Recurring floor plansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.
Studio · 2 ba · 962 ft²
2 units
One-off layouts
9 units

Value DistributionHow the building's units spread across value ranges by our current estimates. A wide spread usually means big differences in size, floor or view.

$278K–$282K
5 units
$283K–$284K
3 units
$303K–$305K
2 units
$317K–$317K
1 unit

Ownership & Financing

Owner-occupiedThe share of units where the owner lives in the unit, per county records. The rest are second homes or rentals.55%
Company-ownedUnits owned through an LLC, trust, or other company — a rough proxy for investor ownership.27%
Typical owner tenureThe middle number of years since each unit last changed hands — how long the current owners have been in place.9.2 yrs
Cash purchases (5 yrs)The share of purchases in the last 5 years with no mortgage recorded. High cash share is common in second-home and investor buildings.100%
Avg. loan-to-valueAverage current loan balance against unit value across the building. Low numbers mean owners hold lots of equity — a sign of financial stability.71%
Median owner equityThe middle dollar amount of equity (value minus loans) unit owners hold in this building.$282,524
Median tax billThe middle annual property tax bill among the building's units.$3,945
Pre-foreclosure noticesUnits with an active pre-foreclosure or foreclosure notice on file.0

Recent SalesThe latest recorded arms-length sales in the building, newest first.

Unit HJan 5, 2022$227,000Unit CApr 12, 2021$199,000Unit AAug 10, 2020$170,000Unit BMar 15, 2019$150,000Unit BOct 23, 2018$175,500Unit HOct 22, 2018$175,000Unit INov 17, 2017$190,000Unit GAug 7, 2017$198,000BuildingJan 22, 2016$165,000Unit FJun 24, 2015$202,000

Values are TopHap estimates, not appraisals. Sales, ownership and tax figures come from recorded county documents via ATTOM and can lag by several weeks.

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$3,940 (2026)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$244,400 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$73,300
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$171,100
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$224,900
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$244,400

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.13 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.0.2 percent flood zone

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Condominium
StyleThe architectural style of the home, such as ranch or colonial.Condo/Apartment
CountyHOWARD
Lot (acres)The size of the land the home sits on, from county records.0.53
FireplaceWhether the home has a fireplace, and what kind.Yes
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(6)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

H
Long Reach High SchoolC+
High · Grades 9–12 · 1.1 mi
M
Mayfield Woods Middle SchoolB
Middle · Grades 6–8 · 1.6 mi
E
Ilchester Elementary SchoolB-
Elementary · Grades PK–5 · 1.6 mi

District: Howard County Public Schools

Neighborhood · ZIP 21043These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.86
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.85
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.44

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.96%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.32%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.4.8%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.9%
PopulationHow many people live in this area.48,279
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.2,799 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$138,854
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$163,449
Average tempThe average temperature here across a full year.55°F
Annual precipHow much rain and melted snow falls here in a typical year.45 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.57%

All UnitsEvery property record the county has at this street address, such as the units in a condo building. Prices shown are our estimates, not asking prices.

8503 Falls Run Rd
2 ba · 944 ft²
$278K
8503 Falls Run Rd
2 ba · 935 ft²
$284K
8503 Falls Run Rd # B
2 ba · 962 ft²
$281K
8503 Falls Run Rd # C
2 ba · 1,073 ft²
$303K
8503 Falls Run Rd # E
2 ba · 943 ft²
$279K
8503 Falls Run Rd
2 ba · 972 ft²
$283K
8503 Falls Run Rd # G
2 ba · 1,083 ft²
$305K
8503 Falls Run Rd # H
2 ba · 945 ft²
$278K
8503 Falls Run Rd # I
2 ba · 944 ft²
$282K
8503 Falls Run Rd # J
2 ba · 962 ft²
$283K
8503 Falls Run Rd # K
2 ba · 1,090 ft²
$317K
8503 Falls Run Rd
2 ba · 948 ft²
$278K

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

About 8503 Falls Run Rd

How many units are in 8503 Falls Run Rd, Ellicott City, MD?

8503 Falls Run Rd, Ellicott City, MD has 11 residential units across built in 1988, according to county assessor records.

What is a unit at 8503 Falls Run Rd, Ellicott City, MD worth?

The median TopHap Estimate across the 11 units at 8503 Falls Run Rd, Ellicott City, MD is $282,755. That works out to $293 per square foot. Units run from 935 to 1,090 square feet. Estimates are modelled from recorded sales and assessments, not appraisals.

Is 8503 Falls Run Rd, Ellicott City, MD expensive for Ellicott City?

Units at 8503 Falls Run Rd, Ellicott City, MD carry a median of $293 per square foot, 12% below the Ellicott City median of $334 per square foot.

How often do units sell at 8503 Falls Run Rd, Ellicott City, MD?

0 units at 8503 Falls Run Rd, Ellicott City, MD sold in the last 12 months, out of 35 recorded arms-length sales all time. That is a turnover rate of 0.0% of the building per year.

Have units at 8503 Falls Run Rd, Ellicott City, MD appreciated?

Across 23 repeat sales of the same unit, 8503 Falls Run Rd, Ellicott City, MD returned a median 3.3% per year. Because each pair is the same unit bought and sold, the figure is not distorted by which units traded. The median owner held for 4.9 years.

What floor plans does 8503 Falls Run Rd, Ellicott City, MD have?

The most common plan at 8503 Falls Run Rd, Ellicott City, MD is a 0-bedroom of 962 square feet, repeated 2 times, with a median estimate of $282,011. TopHap identifies 1 recurring plans in the building.

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