NOT LISTED FOR SALE

1225 Reece Rd Severn, MD 21144

Estimated Value: $454,000 - $583,000

4 Beds
3 Baths
2,176 Sq Ft
$245/Sq Ft Est. Value

Last Sold February 25, 2022

Last sale price $492,500 $226 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,135/month

79 Days on Market

Highlights

  • Second Kitchen
  • 0.91 Acre Lot
  • Main Floor Bedroom
  • View of Trees or Woods
  • Rambler Architecture
  • No HOA

About This Home

As of February 2022

BACK ON THE MARKET, FINANCING FELL THROUGH! IF YOU'RE LOOKING FOR PRIVACY AND A PROPERTY THAT HAS ENORMOUS POTENTIAL, LOOK NO FURTHER!!! Whether you need an in-law-suite, a yoga studio, a gym, a private office, or if you want the ultimate man cave, you don't want to miss this property. Nestled on almost an acre, you'll find an updated 3 bedroom rancher, a climate controlled converted garage, and even a climate controlled shed. This lovely home features a new kitchen with stainless steel appliances and granite countertops. The master bedroom comes with an updated full bath and a laundry area. The very unique garage is ready for you to make it your own! This space has endless possibilities and features a beautiful kitchen, a large open room, a full bath and another room separated by a French door. Even the shed on the property is heated and air conditioned for your comfort. A work room or "she shed" are among just a couple of things you could do with this extraordinary shed. This property includes an exterior ring camera sensor security system. The roof on the main house is 2021 and all the HVAC systems on the property are approximately 5 years old. THIS PROPERTY HAS BEEN APPRAISED!

Last Agent to Sell the Property

Karen Gilmer

(410) 322-9554 karengilmerhomes@gmail.com Berkshire Hathaway HomeServices PenFed Realty Listed on: 10/27/2021

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Luis Carretero

(301) 674-7749 luiscarretero57@gmail.com Deausen Realty License #519345

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,789

Year Built

  • Built in 1960

Lot Details

  • 0.91 Acre Lot
  • Property is in excellent condition
  • Property is zoned R5

Parking

  • Driveway

Home Design

  • Rambler Architecture
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 2,176 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • French Doors
  • Family Room
  • Dining Room
  • Laminate Flooring
  • Views of Woods
  • Crawl Space

Kitchen

  • Second Kitchen
  • Stove
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • En-Suite Bathroom
  • In-Law or Guest Suite
  • 3 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

  • Motion Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • Level Entry For Accessibility

Outdoor Features

  • Exterior Lighting
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 020400090035141

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,789

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • Inclusions: Exterior Ring Camera Sensor Security System Climate Controlled Shed Portable Electric Fireplace
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1960
  • Automatically Close On Close Date: Yes
  • Building Winterized: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Dryer, Microwave, Refrigerator, Stainless Steel Appliances, Washer, Water Heater, Stove
  • Flooring Type: Laminated
  • Interior Amenities: 2nd Kitchen, Ceiling Fan(s), Entry Level Bedroom, Primary Bath(s), Upgraded Countertops
  • Fireplace: No
  • Door Features: French
  • Foundation Details: Block, Crawl Space
  • Levels Count: 1
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, In-Law/AuPair/Suite
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 2176
  • Living Area Sq Ft: 2176
  • Price Per Sq Ft: 222.89
  • Above Grade Finished Sq Ft: 2176
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Exterior Features: Exterior Lighting
  • Spa: No
  • View: Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Refuse: 341.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector, Motion Detectors
  • Sewer/Septic System: Private Septic Tank
  • Utilities: Electric Available, Cable Tv
  • Water Source: Well
  • Internet Services: Cable

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 99400.00
  • Land Assessed Value: 121100.00
  • Lot Size Acres: 0.91
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 39640.00
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Excellent
  • Zoning: R5
  • In City Limits: No

Rental Info

  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 15267337
  • Tax Annual Amount: 2789.00
  • Assessor Parcel Number: 020400090035141
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2013
Sold by
Layman Ralph Wayne and Layman Karen Marie
Bought by
Bishop Glenn Matthew
Current Estimated Value
$532,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,011
Outstanding Balance
$121,283
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$410,886

Purchase Details

Closed on
Dec 14, 1981
Bought by
Layman Ralph W and Layman Karen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,500
Interest Rate
16.94%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bishop Glenn Matthew $165,000 Homeland Title & Escrow Ltd
Layman Ralph W $32,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bishop Glenn Matthew $162,011
Previous Owner Layman Ralph W $20,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/25/2022 02/25/22 Sold $492,500 +1.5% $226 / Sq Ft
02/18/2022 02/18/22 Price Changed $485,000 0.0% $223 / Sq Ft
01/14/2022 01/14/22 Pending -- -- --
12/31/2021 12/31/21 For Sale $485,000 0.0% $223 / Sq Ft
11/04/2021 11/04/21 Pending -- -- --
10/27/2021 10/27/21 For Sale $485,000 -- $223 / 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 $3,997 $349,900 $179,600 $170,300
2024 $3,997 $313,667 $0 $0
2023 $3,563 $277,433 $0 $0
2022 $3,011 $241,200 $130,100 $111,100
2021 $5,274 $234,300 $0 $0
2020 $2,551 $227,400 $0 $0
2019 $4,919 $220,500 $121,100 $99,400
2018 $2,178 $214,833 $0 $0
2017 $2,345 $209,167 $0 $0
2016 -- $203,500 $0 $0
2015 -- $189,667 $0 $0
2014 -- $175,833 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA2012852

Bright MLS

APN: 04-000-90035141