NOT LISTED FOR SALE

1045 Rio Ln Severna Park, MD 21146

Estimated Value: $991,000 - $1,304,000

3 Beds
3 Baths
2,449 Sq Ft
$448/Sq Ft Est. Value

Last Sold November 29, 2012

Last sale price $740,000 $302 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $6,420/month

Highlights

  • Home fronts navigable water
  • Canoe or Kayak Water Access
  • Gourmet Kitchen
  • Jones Elementary School Rated A-
  • Fishing Allowed
  • River View

About This Home

As of April 2019

LIVING AT ITS BEST! TIME TO VACATION AT HOME! BEST VIEWS OF ROUND BAY! Perfect Severna Park Location on the Severn River!! FALL IN LOVE with this incredible one-of-a-kind coastal home located in Severn Heights with multiple decks with dramatic water views. This gorgeous 3BR/3FB 2012 new construction detached home overlooks Ringgold Cove. No detail has been overlooked! High-end fixtures throughout. This home features 2nd level living to enjoy outstanding views. The open-concept Living Room/Dining Room/Kitchen is perfect for family relaxation and great for entertaining guests. Plus, a bedroom, a dual-entry full bathroom and laundry room are located on this level. The white gourmet Kitchen features granite counter tops, glass mosaic back splash, 42" cabinets, island with breakfast bar and upgraded stainless steel appliances including an island built-in microwave, French door refrigerator, wine cooler, hood and electric range oven. The Living Room features a beautiful double glass slider to maximize views. Climb a beautiful staircase to the incredible Master Suite. Fall asleep to the sounds of the water in the Master Bedroom with a huge sleeping area with a private deck, a gas fireplace, two walk-in closets and attached spa bathroom. The stunning Master Bathroom features a double vanity, an air massage spa tub, a separate frameless glass shower. Enter through the enormous mudroom with built-ins next to the attached garage to find Bedroom 3 with attached full bath. This home boasts walnut floors throughout, beautiful trim, cathedral ceilings, a whole house generator and SO MUCH MORE! You can not beat AMAZING Sunsets on the Severn. This community features marina with boat storage, a beach, playground and more! Application requirements include Credit Score of 630 & up, total household income of $70,000 & up, no current BKs, tax liens and no history of eviction.

Last Agent to Rent the Property

Tom Atwood

(443) 843-0509 sales@theatwoodteam.com Keller Williams Legacy License #611632 Listed on: 03/22/2019

Keller Williams Legacy

Last Renter's Agent

Tom Atwood

(443) 843-0509 sales@theatwoodteam.com Keller Williams Legacy License #611632 Listed on: 03/22/2019

Keller Williams Legacy

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,710

Year Built

  • Built in 2015

Lot Details

  • 0.32 Acre Lot
  • Home fronts navigable water
  • Stone Retaining Walls
  • Landscaped
  • Extensive Hardscape
  • No Through Street
  • Property is in very good condition
  • Property is zoned R1

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Coastal Architecture
  • Shingle Siding
  • Stone Siding

Interior Spaces

  • 2,449 Sq Ft Home
  • Property has 3 Levels
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • 2 Fireplaces
  • Mud Room
  • Combination Dining and Living Room
  • Wood Flooring
  • River Views

Kitchen

  • Gourmet Kitchen
  • Gas Oven or Range
  • Range Hood
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Wine Rack

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Canoe or Kayak Water Access
  • River Nearby
  • Waterski or Wakeboard
  • Sail
  • Swimming Allowed
  • Powered Boats Permitted
  • Deck
  • Exterior Lighting

Schools

  • Jones Elementary School
  • Severna Park Middle School
  • Severna Park High School

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Septic Tank
  • Community Sewer or Septic

Listing and Financial Details

  • Residential Lease
  • Security Deposit $3,500
  • 12-Month Lease Term
  • Available 3/22/19
  • Assessor Parcel Number 020374726135025

Community Details

Overview

  • Severn Heights Subdivision

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,710

Year Built

Built in 2015

Lot Details

0

HOA Fees

$25 per month

Parking

1

Rental Info

  • Date Available: 2019-03-22
  • Lease Term: 12 Months
  • Pets Allowed: No
  • Security Deposit: 3500.00
  • Vacation Rental: No
  • Max Lease in Months: 12
  • Min Lease in Months: 12

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Detached
  • Architectural Style: Coastal
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Year Built: 2015
  • Remarks Public: LIVING AT ITS BEST! TIME TO VACATION AT HOME! BEST VIEWS OF ROUND BAY! Perfect Severna Park Location on the Severn River!! FALL IN LOVE with this incredible one-of-a-kind coastal home located in Severn Heights with multiple decks with dramatic water views. This gorgeous 3BR/3FB 2012 new construction detached home overlooks Ringgold Cove. No detail has been overlooked! High-end fixtures throughout. This home features 2nd level living to enjoy outstanding views. The open-concept Living Room/Dining Room/Kitchen is perfect for family relaxation and great for entertaining guests. Plus, a bedroom, a dual-entry full bathroom and laundry room are located on this level. The white gourmet Kitchen features granite counter tops, glass mosaic back splash, 42" cabinets, island with breakfast bar and upgraded stainless steel appliances including an island built-in microwave, French door refrigerator, wine cooler, hood and electric range oven. The Living Room features a beautiful double glass slider to maximize views. Climb a beautiful staircase to the incredible Master Suite. Fall asleep to the sounds of the water in the Master Bedroom with a huge sleeping area with a private deck, a gas fireplace, two walk-in closets and attached spa bathroom. The stunning Master Bathroom features a double vanity, an air massage spa tub, a separate frameless glass shower. Enter through the enormous mudroom with built-ins next to the attached garage to find Bedroom 3 with attached full bath. This home boasts walnut floors throughout, beautiful trim, cathedral ceilings, a whole house generator and SO MUCH MORE! You can not beat AMAZING Sunsets on the Severn. This community features marina with boat storage, a beach, playground and more! Application requirements include Credit Score of 630 & up, total household income of $70,000 & up, no current BKs, tax liens and no history of eviction.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Dryer, Icemaker, Oven/Range - Gas, Range Hood, Refrigerator, Stainless Steel Appliances, Washer
  • Flooring Type: Hardwood
  • Interior Amenities: Built-Ins, Combination Dining/Living, Dining Area, Entry Level Bedroom, Kitchen - Gourmet, Kitchen - Island, Primary Bath(s), Recessed Lighting, Walk-In Closet(s), Wine Storage, Wood Floors
  • Fireplaces Count: 2
  • Wall Ceiling Types: 9'+ Ceilings, Cathedral Ceilings
  • Levels Count: 3+
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Laundry, Mud Room, Primary Bathroom, Full Bath
  • Basement: No
  • Total Sq Ft: 2449
  • Living Area Sq Ft: 2449
  • Price Per Sq Ft: 1.43
  • Above Grade Finished Sq Ft: 2449
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1045

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stone, Shingle Siding
  • Exterior Features: Extensive Hardscape, Exterior Lighting, Sidewalks, Stone Retaining Walls
  • View: River
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Sail, Swimming Allowed, Waterski/Wakeboard
  • Water Access: Yes
  • Water Body Name: SEVERN
  • Water Body Type: River
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage - Front Entry, Garage Door Opener
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Sewer/Septic System: Community Septic Tank, Private Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 300.00
  • HOA Fee Frequency: Annually
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
  • Elementary School: JONES
  • Middle School: SEVERNA PARK
  • High School: SEVERNA PARK
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121140671932
  • School District Source: Listing Agent
  • Elementary School: JONES
  • High School: SEVERNA PARK
  • Middle Or Junior School: SEVERNA PARK

Lot Info

  • Land Use Code: 011
  • Lot Features: Landscaping, No Thru Street
  • Lot Size Acres: 0.32
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13739.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Very Good
  • Zoning: R1

Multi Family

  • Mean Low Water Feet: 4

Tax Info

  • Assessor Parcel Number: 15348403
  • Assessor Parcel Number: 020374726135025
  • Tax Total Finished Sq Ft: 2449
  • Close Date: 04/05/2019

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 17, 2023
Sold by
Feldman Joel F
Bought by
Joel F Feldman Revocable Trust
Current Estimated Value
$1,096,801

Purchase Details

Closed on
Apr 5, 2021
Sold by
Pascal Benjamin
Bought by
Feldman Joel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$545,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 7, 2010
Closed on
Nov 29, 2012
Sold by
Brown Jeffrey B and Brown Cynthia
Bought by
Pascal Benjamin
Seller's Agent
Teresa Klem
Long & Foster Real Estate, Inc.
Buyer's Agent
Tom Atwood
Keller Williams Legacy
List Price
$799,000
Sold Price
$740,000
Premium/Discount to List
-$59,000
-7.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.09%

Purchase Details

Closed on
Apr 7, 2006
Sold by
Russ Cleo H
Bought by
Brown Jeffrey B and Brown Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,850
Interest Rate
6.28%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 3, 2006
Sold by
Russ Cleo H
Bought by
Brown Jeffrey B and Brown Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,850
Interest Rate
6.28%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Dec 6, 2002
Sold by
Russ Robert J
Bought by
Russ Cleo H

Purchase Details

Closed on
Oct 26, 1998
Sold by
Russ Robert J
Bought by
Russ Co & Robert J and Russ Co & , Cleo H
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Joel F Feldman Revocable Trust -- None Listed On Document
Feldman Joel $965,000 New World Title Company Llc
Pascal Benjamin $740,000 Mid Maryland Title Company I
Brown Jeffrey B $459,000 --
Brown Jeffrey B $459,000 --
Russ Cleo H -- --
Russ Co & Robert J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Feldman Joel $545,000
Previous Owner Brown Jeffrey B $68,850
Previous Owner Brown Jeffrey B $367,200
Previous Owner Brown Jeffrey B $367,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/05/2019 04/05/19 Rented $3,500 0.0% --
03/22/2019 03/22/19 For Rent $3,500 0.0% --
11/29/2012 11/29/12 Sold $740,000 -7.4% $352 / Sq Ft View Prior Sale
08/16/2011 08/16/11 Pending -- -- --
08/07/2010 08/07/10 For Sale $799,000 -- $380 / 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 $7,710 $707,967 -- --
2024 $7,710 $658,200 $347,900 $310,300
2023 $7,566 $649,433 $0 $0
2022 $7,125 $640,667 $0 $0
2021 $3,622 $631,900 $334,400 $297,500
2020 $6,922 $624,700 $0 $0
2019 $13,448 $617,500 $0 $0
2018 $6,188 $610,300 $267,200 $343,100
2017 $5,944 $575,867 $0 $0
2016 -- $541,433 $0 $0
2015 -- $269,100 $0 $0
2014 -- $269,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA378598

Bright MLS

APN: 03-747-26135025