Seller's Agent in 2024
Daryl Judy
Washington Fine Properties
(202) 380-7219
1 in this area
216 Total Sales
1025 Rio Ln Severna Park, MD 21146
Estimated Value: $714,000 - $1,381,000
3
Beds
3
Baths
1,936
Sq Ft
$598/Sq Ft
Est. Value
Highlights
- Marina View
- Parking available for a boat
- Canoe or Kayak Water Access
- Jones Elementary School Rated A-
- Home fronts navigable water
- Fishing Allowed
About This Home
As of June 2024Escape to 1025 Rio Lane, a coastal getaway nestled in the water-privileged Severn Heights neighborhood in Severna Park, less than an hour from Washington, DC without crossing the Bay Bridge! Available fully-furnished, this home is ready to be your turn-key retreat!Featured in Annapolis Home Magazine, this stunning home was designed by Erin Paige Pitts and renovated in 2021 by Karl Wentz of Kitchen & Bath Outfitters. They reimagined this exquisite weekend, or anytime, property into something that was intended to feel like “a cold glass of lemonade on a very hot day.” The main level features an interplay of coastal color palettes, designer fixtures, stylish Ratan furnishings, patterned tiles, and woods elements throughout making it the home’s pièce de resistance. Its focal offers captivating views of the Severn River through a wall of windows under a canopy of skylights and high ceilings from a set of whimsical hanging chairs.The kitchen provides the perfect offering of luxury and airiness, showcasing a center island, Silestone countertops, Subzero and Miele appliances, designer tile backsplash, a gold-plated hood, open floating shelves above, and abundant cabinetry below. Pitts’ love of making a strong statement with lighting fixtures, as showcased by two 35” Jeffan pendant lights over the dining room table, make this room feel large and intimate at the same time. A gas fireplace surrounded by beautiful white hardwood floors and shiplap walls adds to the room’s ambiance.Architectural digest like vignettes and cross-design elements continue throughout the private living spaces on the main level and below. The primary bedroom offers an en-suite bathroom, built-in nightstands, and access to a deck with water views. An updated bathroom with tile throughout, along with a second bedroom featuring designer wallpaper and a built-in window bench, complete the main level. The lower level also hosts a spacious recreation room with water views, a third bedroom outfitted with four custom-built bunk beds, and a third full bathroom, ensuring ample space for guests or family members.Mature landscaping frames the outdoor areas, providing a picturesque backdrop for relaxation and leisure on the covered patio or the deck. This idyllic retreat beckons with its breathtaking water views and proximity to convenient amenities, including a marina (with available boat slips), playground, fire pit area, and kayak storage. 1025 Rio Lane presents the perfect coastal haven to unwind and savor the beauty of your surroundings while immersing yourself in a world of luxurious coastal elegance within an hour of Washington, D.C, and only 15 minutes to charming historic downtown Annapolis!
Last Agent to Sell the Property
Washington Fine Properties ,LLC License #0225179498 Listed on: 05/09/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,610
Year Built
- Built in 1986 | Remodeled in 2021
Lot Details
- 5,040 Sq Ft Lot
- Home fronts navigable water
- Extensive Hardscape
- Property is in excellent condition
- Property is zoned R1
Property Views
- Marina
- River
Home Design
- Shingle Roof
- Composition Roof
- Vinyl Siding
Interior Spaces
- Property has 2 Levels
- Open Floorplan
- Built-In Features
- Ceiling Fan
- Skylights
- Gas Fireplace
- Bay Window
- Sliding Windows
- Family Room
- Living Room
- Dining Room
Kitchen
- Gas Oven or Range
- Range Hood
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Upgraded Countertops
- Disposal
Flooring
- Solid Hardwood
- Luxury Vinyl Tile
Bedrooms and Bathrooms
- Walk-in Shower
Laundry
- Laundry on main level
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Interior and Exterior Basement Entry
- Basement Windows
Parking
- 2 Parking Spaces
- 2 Driveway Spaces
- Parking available for a boat
Outdoor Features
- Canoe or Kayak Water Access
- Private Water Access
- River Nearby
- Sail
- Swimming Allowed
- Stream or River on Lot
- Powered Boats Permitted
- Deck
- Patio
- Shed
- Outbuilding
Schools
- Jones Elementary School
- Severna Park Middle School
- Severna Park High School
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Water Heater
- Septic Tank
Listing and Financial Details
- Tax Lot 1
- Assessor Parcel Number 020374720416300
Community Details
Overview
- No Home Owners Association
- $450 Recreation Fee
- Severn Heights Subdivision
Recreation
- 1 Community Docks
- Fishing Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 12, 2020
Closed on
Aug 8, 2020
Sold by
Toumayan Eric and Rodriguez Trini
Bought by
Jeffries Edward Stewart and Jeffries Victoria Luxardo
Seller's Agent
Dennis Thompson
Taylor Properties
Buyer's Agent
Kristi Neidhardt
Northrop Realty
List Price
$789,000
Sold Price
$725,000
Premium/Discount to List
-$64,000
-8.11%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$567,484
Avg. Annual Appreciation
9.79%
Original Mortgage
$580,000
Interest Rate
2.87%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 19, 2003
Sold by
Kanavy Otero Virginia
Bought by
Toumayan Eric and Rodriguez Trini
Purchase Details
Closed on
Nov 24, 1998
Sold by
Kanavy Robert S
Bought by
Kanavy Otero Virginia
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Jeffries Edward Stewart | $725,000 | Eagle Title Llc | |
| Toumayan Eric | $470,000 | -- | |
| Kanavy Otero Virginia | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Jeffries Edward Stewart | $580,000 | |
| Previous Owner | Jeffries Edward Stewart | $108,750 | |
| Closed | Toumayan Eric | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/07/2024 06/07/24 | Sold | $1,350,000 | 0.0% | $697 / Sq Ft |
| 05/12/2024 05/12/24 | Pending | -- | -- | -- |
| 05/09/2024 05/09/24 | For Sale | $1,350,000 | +86.2% | $697 / Sq Ft |
| 08/06/2020 08/06/20 | Sold | $725,000 | -6.5% | $413 / Sq Ft |
| 06/23/2020 06/23/20 | Price Changed | $775,000 | -1.8% | $442 / Sq Ft |
| 04/12/2020 04/12/20 | For Sale | $789,000 | -- | $450 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $7,072 | $600,000 | $370,600 | $229,400 |
| 2023 | $6,230 | $570,533 | $0 | $0 |
| 2022 | $6,084 | $541,067 | $0 | $0 |
| 2021 | $5,776 | $511,600 | $355,600 | $156,000 |
| 2020 | $5,546 | $493,200 | $0 | $0 |
| 2019 | $5,358 | $474,800 | $0 | $0 |
| 2018 | $4,628 | $456,400 | $303,100 | $153,300 |
| 2017 | $4,654 | $436,133 | $0 | $0 |
| 2016 | -- | $415,867 | $0 | $0 |
| 2015 | -- | $395,600 | $0 | $0 |
| 2014 | -- | $395,600 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller Co-Listing Agent in 2024
Jennifer Gregorski
Washington Fine Properties
(240) 888-0903
2 in this area
134 Total Sales
-
Buyer's Agent in 2024
Clifford Weeks
Century 21 New Millennium
(877) 344-0020
1 in this area
78 Total Sales
-
Seller's Agent in 2020
Dennis Thompson
Taylor Properties
(443) 875-8143
2 in this area
6 Total Sales
-
Buyer's Agent in 2020
Kristi Neidhardt
Creig Northrop Team of Long & Foster
(410) 599-1370
15 in this area
197 Total Sales
Map
Source: Bright MLS
MLS Number: MDAA2083202
APN: 03-747-20416300
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