1025 Rio Ln Severna Park, MD 21146
3
Beds
3
Baths
1,754
Sq Ft
5,040
Sq Ft Lot
Highlights
- Marina View
- Boat or Launch Ramp
- Home fronts navigable water
- Jones Elementary School Rated A-
- Parking available for a boat
- Access to Tidal Water
About This Home
As of June 2024Great New Price! Same Great View! The views of the Severn River will amaze you. Enjoy relaxing cool Summer breezes from the large stone patio overlooking the community marina & beach area. The house sits on a hill above the floodplain but only a quick walk to the water's edge. Spacious & open floor plan to create the look you want. Great for entertaining. Updated & modern kitchen with high end appliances. Updated bathrooms that will make you feel like you are staying at a resort. 2 bedrooms & 2 full baths on the main level. Two additional rooms on the lower level, potentially bedrooms, office space or family room. An additional updated full bath on the lower level. Ample storage on the lower level. A great opportunity to enjoy life on the Severn River that won't cost you $1 million. The view alone is worth the price. Come see for yourself.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,269
Year Built
- Built in 1986
Lot Details
- 5,040 Sq Ft Lot
- Home fronts navigable water
- Sandy Beach
- Extensive Hardscape
- Property is zoned R1
Property Views
- Marina
- River
Home Design
- Rambler Architecture
- Stick Built Home
Interior Spaces
- Property has 2 Levels
- Open Floorplan
- Ceiling Fan
- Skylights
- Wood Burning Stove
- Free Standing Fireplace
- Metal Fireplace
- Great Room
- Family Room
- Dining Area
- Solarium
- Wood Flooring
Kitchen
- Gourmet Kitchen
- Built-In Oven
- Gas Oven or Range
- Down Draft Cooktop
- Range Hood
- Dishwasher
- Kitchen Island
Bedrooms and Bathrooms
- En-Suite Primary Bedroom
- En-Suite Bathroom
- Dual Flush Toilets
- Walk-in Shower
Laundry
- Dryer
- Washer
Partially Finished Basement
- Heated Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
- Basement Windows
Parking
- 2 Parking Spaces
- 2 Driveway Spaces
- Parking available for a boat
Outdoor Features
- Outdoor Shower
- Access to Tidal Water
- Canoe or Kayak Water Access
- Private Water Access
- River Nearby
- Sail
- Swimming Allowed
- Boat or Launch Ramp
- Stream or River on Lot
- Shared Waterfront
- Powered Boats Permitted
- Outdoor Storage
- Outbuilding
Utilities
- Forced Air Heating and Cooling System
- Heat Pump System
- Natural Gas Water Heater
- Septic Tank
- Community Sewer or Septic
Listing and Financial Details
- Tax Lot 1
- Assessor Parcel Number 020374720416300
Community Details
Overview
- No Home Owners Association
- 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
Similar Homes in the area
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $725,000 | Eagle Title Llc | |
| Deed | $470,000 | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $580,000 | New Conventional | |
| Previous Owner | $108,750 | Credit Line Revolving | |
| Closed | -- | No Value Available |
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's Agent in 2024
Daryl Judy
Washington Fine Properties
(202) 380-7219
1 in this area
216 Total Sales
-
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: MDAA431274
APN: 03-747-20416300
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