NOT LISTED FOR SALE

1229 Reece Rd Severn, MD 21144

Estimated Value: $360,000 - $427,474

3 Beds
2 Baths
1,435 Sq Ft
$277/Sq Ft Est. Value

Last Sold June 07, 2012

Last sale price $240,000 $167 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $2,136/month

52 Days on Market

Highlights

  • 0.86 Acre Lot
  • Wood Burning Stove
  • Wood Flooring
  • Open Floorplan
  • Rambler Architecture
  • No HOA

About This Home

As of June 2012

Gorgeous mid-century classic has been tastefully updated. Open floor-plan rancher on almost an acre of land with subdivision potential. Main level features reclaimed hardwood floors, fireplace, stunning kitchen with stainless and granite, two BR and tiled full BA. Carpeted lower level is a quiet retreat, with secluded BR, new full BA, and family room already wired for media. Owner/Agent.

Last Agent to Sell the Property

Michael Hurley

mike.hurley10@yahoo.com Homeowner Consultants, LLC. Listed on: 03/16/2012

Last Buyer's Agent

Thomas Chomas-Brady

(443) 233-1455 ThomasBrady@mris.com Meade Realty Inc License #MRIS:77873

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,800

Year Built

  • Built in 1957

Lot Details

  • 0.86 Acre Lot
  • Property is in very good condition
  • Property is zoned R5

Home Design

  • Rambler Architecture
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Recessed Lighting
  • Wood Burning Stove
  • Fireplace Mantel
  • Double Pane Windows
  • Vinyl Clad Windows
  • Window Screens
  • Six Panel Doors
  • Dining Area
  • Wood Flooring
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 2 Full Bathrooms

Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Sump Pump
  • Basement Windows

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Gazebo
  • Shed

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Well
  • Natural Gas Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 020400002143800

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,800

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Freezer, Microwave, Oven/Range - Electric, Refrigerator
  • Interior Amenities: Breakfast Area, Dining Area, Upgraded Countertops, Wood Floors, Recessed Lighting, Floor Plan - Open
  • Window Features: Vinyl Clad, Double Pane, Screens
  • Fireplace Features: Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Six Panel
  • Wall Ceiling Types: Dry Wall
  • Entry Location: Foyer
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Connecting Stairway, Sump Pump, Daylight, Partial, Full, Fully Finished, Heated, Improved, Windows
  • Living Area Units: Square Feet
  • Total Sq Ft: 1435
  • Living Area Sq Ft: 1435
  • Price Per Sq Ft: 298.14
  • Above Grade Finished Sq Ft: 805
  • Below Grade Finished Sq Ft: 630
  • Total Below Grade Sq Ft: 630
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Gazebo, Shed
  • Construction Materials: Brick
  • Construction Completed: No
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Gravel Driveway
  • Type Of Parking: Off Street, Driveway

Utilities

  • Refuse: 315.00
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Natural Gas, Wood
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Carbon Monoxide Detector(s), Smoke Detector
  • Sewer/Septic System: Septic Exists
  • Utilities: Cable Tv Available
  • Water Source: Well

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 81700.00
  • Land Assessed Value: 63600.00
  • Lot Size Acres: 0.86
  • Lot Size Area: 37462
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 37462.00
  • Property Condition: Very Good
  • Zoning: R5

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15264781
  • Tax Annual Amount: 1799.97
  • Assessor Parcel Number: 020400002143800
  • Tax Lot: 7
  • County Tax Payment Frequency: Annually
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2012
Closed on
Jun 7, 2012
Sold by
House Three Llc
Bought by
Bemke Bernard K
Seller's Agent
Michael Hurley
Homeowner Consultants, LLC.
Buyer's Agent
Thomas Chomas-Brady
Meade Realty Inc
List Price
$245,000
Sold Price
$240,000
Premium/Discount to List
-$5,000
-2.04%
Current Estimated Value
$397,825

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,825
Avg. Annual Appreciation
3.81%
Original Mortgage
$245,160
Outstanding Balance
$169,984
Interest Rate
3.84%
Mortgage Type
VA
Estimated Equity
$227,841

Purchase Details

Closed on
Nov 21, 2011
Sold by
Harryman Byron A
Bought by
House Three Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,600
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 31, 1987
Sold by
Gondy Emil
Bought by
Vanalstine Earl R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,800
Interest Rate
9.03%
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
Bemke Bernard K $240,000 Homeland Title & Escrow Ltd
House Three Llc $122,000 Homeland Title & Escrow Ltd
Vanalstine Earl R $82,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bemke Bernard K $245,160
Previous Owner House Three Llc $97,600
Previous Owner Vanalstine Earl R $81,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/07/2012 06/07/12 Sold $240,000 0.0% $167 / Sq Ft
05/07/2012 05/07/12 Pending -- -- --
05/07/2012 05/07/12 Price Changed $240,000 -4.8% $167 / Sq Ft
04/20/2012 04/20/12 Price Changed $252,000 +5.0% $176 / Sq Ft
04/10/2012 04/10/12 Price Changed $240,000 -2.0% $167 / Sq Ft
03/16/2012 03/16/12 For Sale $245,000 -- $171 / 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 $502 $316,500 $198,600 $117,900
2024 $502 $294,933 $0 $0
2023 $474 $273,367 $0 $0
2022 $430 $251,800 $143,600 $108,200
2021 $861 $244,467 $0 $0
2020 $447 $237,133 $0 $0
2019 $447 $229,800 $133,600 $96,200
2018 $2,237 $220,567 $0 $0
2017 $2,596 $211,333 $0 $0
2016 -- $202,100 $0 $0
2015 -- $183,167 $0 $0
2014 -- $164,233 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003895580

Bright MLS

APN: 04-000-02143800