Seller's Agent in 2024
Bunmi Akinyosoye
Samson Properties
(202) 650-8826
2 in this area
34 Total Sales
116 Otis Dr Severn, MD 21144
Estimated Value: $425,000 - $516,000
4
Beds
2.5
Baths
1,564
Sq Ft
$298/Sq Ft
Est. Value
Highlights
- 0.36 Acre Lot
- Eat-In Kitchen
- Luxury Vinyl Plank Tile Flooring
- No HOA
- 1 Attached Carport Space
- Central Heating and Cooling System
About This Home
As of June 2024Step into this inviting 4-bedroom, 2.5-bathroom split foyer home, offering approximately 1,500 square feet of living space on a spacious .36-acre lot.
The main level features an eat-in kitchen perfect for casual dining, while a separate dining room leads seamlessly to the deck and backyard, ideal for entertaining or enjoying outdoor meals. Relax in the spacious living room, a perfect gathering space for family and friends. Additionally, you'll find 3 bedrooms and 1.5 bathrooms, providing ample space for the whole family. The lower level has been beautifully renovated to include a family room, bedroom suite with a walk-in closet, and a new bathroom, adding convenience to the home.
Outside, the property boasts a carport and a driveway with space for two additional cars, ensuring plenty of parking for you and guests. Enjoy the tranquility of the deck and the convenience of the detached storage/garage, providing extra space for storage or hobbies.
Updates including waterproofing measures such as two sump pumps with battery backup installed in 2018, ensuring peace of mind during inclement weather. The roof of both the primary home and detached garage was also replaced in 2018. Additionally, new flooring was installed throughout the basement and new French doors installed in both the basement and off the kitchen in 2018 and 2022, respectively.
Conveniently located less than 10 minutes from Arundel Mills and BWI Airport, and just 20 minutes from Baltimore, this property offers easy access to shopping, dining, and entertainment. Plus, with Washington, DC only a 40-minute drive away, you'll enjoy the best of suburban living with close proximity to urban amenities.
Don't miss out on the opportunity to make this wonderful property your new home!
Last Agent to Sell the Property
(202) 650-8826 bunmi@bunmiakinyosoye.com Samson Properties License #BR40000350 Listed on: 05/01/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,873
Year Built
- Built in 1973
Lot Details
- 0.36 Acre Lot
- Property is zoned R1
Home Design
- Split Foyer
- Brick Foundation
- Vinyl Siding
Interior Spaces
- Property has 2 Levels
- Dining Area
- Luxury Vinyl Plank Tile Flooring
- Eat-In Kitchen
Bedrooms and Bathrooms
Improved Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior and Rear Basement Entry
- Sump Pump
- Laundry in Basement
- Basement Windows
Parking
- 3 Parking Spaces
- 2 Driveway Spaces
- 1 Attached Carport Space
- On-Street Parking
Schools
- Severn Elementary School
- Old Mill Middle North
- Old Mill High School
Utilities
- Central Heating and Cooling System
- Natural Gas Water Heater
Community Details
- No Home Owners Association
- Munson Heights Subdivision
Listing and Financial Details
- Tax Lot 18
- Assessor Parcel Number 020449501382575
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 1, 2024
Closed on
Jun 13, 2024
Sold by
Peyton Steven L
Bought by
Aguilar Luis Alonso Silva and De Silva Gabriela
Seller's Agent
Bunmi Akinyosoye
Samson Properties
Buyer's Agent
Mercedes Rivera
Fairfax Realty Premier
List Price
$499,000
Sold Price
$460,000
Premium/Discount to List
-$39,000
-7.82%
Views
94
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
$6,496
Avg. Annual Appreciation
0.87%
Original Mortgage
$404,800
Outstanding Balance
$399,703
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$66,793
Purchase Details
Closed on
Dec 20, 2021
Sold by
Aminah Leeks-Peyton
Bought by
Peyton Steven L
Purchase Details
Closed on
Jul 24, 2017
Sold by
Peyton Steven L and Leeks Peyton Aminah
Bought by
Peyton Steven L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,327
Interest Rate
3.93%
Mortgage Type
FHA
Purchase Details
Closed on
May 10, 2007
Sold by
Smith Kay
Bought by
Peyton Steven L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$366,744
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 30, 2007
Sold by
Smith Kay
Bought by
Peyton Steven L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$366,744
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 2, 2002
Sold by
Smith Ray D
Bought by
Smith Kay
Purchase Details
Closed on
May 4, 1988
Sold by
Fontes Edward E
Bought by
Smith Ray D
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 |
|---|---|---|---|
| Aguilar Luis Alonso Silva | $460,000 | Lakeside Title | |
| Aguilar Luis Alonso Silva | $460,000 | Lakeside Title | |
| Peyton Steven L | -- | Lawyers Title | |
| Peyton Steven L | -- | Xpress Title Svcs Llc | |
| Peyton Steven L | $372,500 | -- | |
| Peyton Steven L | $372,500 | -- | |
| Smith Kay | -- | -- | |
| Smith Ray D | $101,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Aguilar Luis Alonso Silva | $404,800 | |
| Closed | Aguilar Luis Alonso Silva | $404,800 | |
| Previous Owner | Peyton Steven L | $286,327 | |
| Previous Owner | Peyton Steven L | $366,744 | |
| Previous Owner | Peyton Steven L | $366,744 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/14/2024 06/14/24 | Sold | $460,000 | -3.6% | $294 / Sq Ft |
| 05/27/2024 05/27/24 | Pending | -- | -- | -- |
| 05/23/2024 05/23/24 | Price Changed | $477,000 | -2.5% | $305 / Sq Ft |
| 05/13/2024 05/13/24 | Price Changed | $489,000 | -2.0% | $313 / Sq Ft |
| 05/01/2024 05/01/24 | For Sale | $499,000 | -- | $319 / 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 |
|---|---|---|---|---|
| 2025 | $4,179 | $351,700 | $186,100 | $165,600 |
| 2024 | $4,179 | $335,800 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Bunmi Akinyosoye
-
Mercedes Rivera
Buyer's Agent in 2024
Mercedes Rivera
Fairfax Realty Premier
(240) 338-1275
3 in this area
72 Total Sales
Map
Source: Bright MLS
MLS Number: MDAA2083464
APN: 04-495-01382575
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