NOT LISTED FOR SALE

1027 Rio Ln Severna Park, MD 21146

Estimated Value: $883,000 - $985,000

3 Beds
2 Baths
1,912 Sq Ft
$481/Sq Ft Est. Value

Last Sold March 30, 2018

Last sale price $670,000 $350 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $5,448/month

Highlights

  • Boat Ramp
  • Water Views
  • Beach
  • Jones Elementary School Rated A-
  • Physical Dock Slip Conveys
  • Pier

About This Home

As of March 2018

Live like everyday is a vacation. Let amazing sunset views melt away the days stress. Located along the shore of the Severn River. Deep water boat slip just steps away from your front door. Desirable school district. Convenient community location w/easy access to downtown Annapolis, Baltimore & DC. Home is in great condition. Nothing to do but move in. Community marina, beach & rec area.

Last Agent to Sell the Property

Dennis Thompson

(443) 875-8143 dennis@annapoliswaterfront.info Taylor Properties Listed on: 01/29/2018

Taylor Properties

Last Buyer's Agent

Mary Schaner

(443) 857-4369 mary.schaner@gmail.com Cummings & Co. Realtors

Cummings & Co. Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,254

Year Built

  • Built in 1940

Lot Details

  • 6,600 Sq Ft Lot
  • Home fronts navigable water
  • Sandy Beach
  • Property is in very good condition
  • Property is zoned R1

Home Design

  • Block Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,912 Sq Ft Home
  • Property has 2 Levels
  • Sitting Room
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Water Views
  • Crawl Space
  • Laundry Room

Kitchen

  • Galley Kitchen
  • Gas Oven or Range
  • Stove
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • En-Suite Bathroom
  • 2 Full Bathrooms

Outdoor Features

  • Pier
  • Water Access
  • River Nearby
  • Mooring
  • Boat or Launch Ramp
  • Physical Dock Slip Conveys
  • Stream or River on Lot
  • Shared Waterfront
  • Waterfront Park
  • 6 Powered Boats Permitted
  • 6 Non-Powered Boats Permitted
  • Lake Privileges
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 020374719089003

Community Details

Overview

  • No Home Owners Association
  • Severn Heights Community
  • Severn Heights Subdivision

Amenities

  • Picnic Area
  • Common Area

Recreation

  • Boat Ramp
  • Boat Dock
  • Pier or Dock
  • 20 Community Slips
  • Mooring Area
  • Beach
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,254

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1940
  • Remarks Public: Live like everyday is a vacation. Let amazing sunset views melt away the days stress. Located along the shore of the Severn River. Deep water boat slip just steps away from your front door. Desirable school district. Convenient community location w/easy access to downtown Annapolis, Baltimore & DC. Home is in great condition. Nothing to do but move in. Community marina, beach & rec area.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Oven/Range - Gas, Range Hood, Refrigerator, Stove
  • Interior Amenities: Kitchen - Galley, Entry Level Bedroom, Primary Bath(s)
  • Fireplace: No
  • Entry Location: Foyer
  • Foundation Details: Block, Crawl Space
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Sitting Room, Bedroom 2, Bedroom 3, Kitchen, Sun/Florida Room, Laundry, Bedroom 6
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1912
  • Living Area Sq Ft: 1912
  • Price Per Sq Ft: 363.49
  • Above Grade Finished Sq Ft: 1912
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1027

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Dock Type: Pier (Perpendicular)
  • Pool Private: No
  • Roof: Asphalt
  • View: Water
  • View: Yes
  • Water Access: Yes
  • Water Body Name: SEVERN RIVER
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes

Garage/Parking

  • Garage: No

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Septic Exists
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach, Boat Ramp, Boat Dock/Slip, Common Grounds, Mooring Area, Picnic Area, Pier/Dock, Tot Lots/Playground, Water/Lake Privileges
  • HOA: No
  • Senior Community: No

Schools

  • School District: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
  • School District Key: 121140671932

Lot Info

  • Improvement Assessed Value: 80400.00
  • Land Assessed Value: 307800.00
  • Lot Size Acres: 0.15
  • Lot Size Area: 6600
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6600.00
  • Outdoor Living Structures: Deck(s)
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Year Assessed: 2017
  • Zoning: R1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15252266
  • Tax Annual Amount: 4253.76
  • Assessor Parcel Number: 020374719089003
  • Tax Lot: 2
  • Tax Total Finished Sq Ft: 1610
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 03/30/2018

Multi Family

  • Dock Slip Conveyance: Assigned
  • Mean Low Water Feet: 6
  • Waterfront Features: Boat/Launch Ramp, Park, Sandy Beach, Shared

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 17, 2024
Sold by
Barnes John E
Bought by
Barnes John E and Barnes John E
Current Estimated Value
$919,459

Purchase Details

Listed on
Jan 29, 2018
Closed on
Mar 30, 2018
Sold by
Toumayan Eric G and Rodriguez Trini M
Bought by
Barnes John E
Seller's Agent
Dennis Thompson
Taylor Properties
Buyer's Agent
Mary Schaner
Cummings & Co. Realtors
List Price
$695,000
Sold Price
$670,000
Premium/Discount to List
-$25,000
-3.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.26%
Original Mortgage
$640,465
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 2011
Sold by
Dee Robin L and Farmer Lisa D
Bought by
Toumayan Eric G and Rodriguez Trini M

Purchase Details

Closed on
Jan 29, 2007
Sold by
Macmurray Ralph
Bought by
Macmurray Dixie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 19, 2007
Sold by
Macmurray Ralph
Bought by
Macmurray Dixie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Barnes John E -- None Listed On Document
Barnes John E $670,000 Atlantic Title Co
Toumayan Eric G $375,000 Title Resources Guaranty Co
Macmurray Dixie A -- --
Macmurray Dixie A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Barnes John E $640,465
Previous Owner Macmurray Dixie A $300,000
Previous Owner Macmurray Dixie A $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2018 03/30/18 Sold $670,000 -3.6% $350 / Sq Ft
02/05/2018 02/05/18 Pending -- -- --
01/29/2018 01/29/18 For Sale $695,000 -- $363 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

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
2025 $7,510 $675,633 -- --
2024 $7,510 $640,000 $375,300 $264,700
2023 $7,358 $630,400 $0 $0
2022 $6,918 $620,800 $0 $0
2021 $13,635 $611,200 $360,300 $250,900
2020 $6,003 $536,867 $0 $0
2019 $5,230 $462,533 $0 $0
2018 $3,936 $388,200 $307,800 $80,400
2017 $3,878 $364,233 $0 $0
2016 -- $340,267 $0 $0
2015 -- $316,300 $0 $0
2014 -- $316,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1005560583

Bright MLS

APN: 03-747-19089003