NOT LISTED FOR SALE

124 Severn Way Arnold, MD 21012

Estimated Value: $524,000 - $632,000

3 Beds
2.5 Baths
1,242 Sq Ft
$453/Sq Ft Est. Value

Last Sold May 27, 2016

Last sale price $350,000 $282 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $3,367/month

118 Days on Market

Highlights

  • 2 Boat Docks
  • Beach
  • Home fronts navigable water
  • Arnold Elementary School Rated 10
  • Boat or Launch Ramp
  • Water Access

About This Home

As of May 2016

Significantly Reduced..Beautifully Renovated in Sought After Pines on the Severn. This Gorgeous Home Overlooking Woodland Paradise Offering New Gourmet Kitchen, Family Rm w/HWF & Wood Burning Fireplace, Private Master Suite on Upper Level walking out to Roof Deck, Living Room with Soaring Ceilings, Bathrooms w/ Custom Ceramic Tiles, Screen In Porch, Wonderful Comm Amenities,Great Location & More!

Last Agent to Sell the Property

Angela Demattia

(240) 687-6677 AngelaDRealEstate@gmail.com Berkshire Hathaway HomeServices PenFed Realty Listed on: 12/11/2015

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Jenn Klarman

(240) 832-2486 jklarman@lnf.com Long & Foster Real Estate, Inc. License #612098

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,485

Year Built

  • Built in 1976 | Remodeled in 2015

Lot Details

  • 7,500 Sq Ft Lot
  • Home fronts navigable water
  • Sandy Beach
  • Creek or Stream
  • Backs to Trees or Woods
  • Property is in very good condition
  • Property is zoned R2

Parking

  • Off-Street Parking

Home Design

  • Cape Cod Architecture
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace Mantel
  • Window Screens
  • Insulated Doors
  • Family Room Off Kitchen
  • Wood Flooring
  • Finished Basement
  • Rear Basement Entry

Kitchen

  • Eat-In Gourmet Kitchen
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • En-Suite Bathroom
  • 2.5 Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Water Access
  • Boat or Launch Ramp
  • Physical Dock Slip Conveys
  • 2 Boat Docks
  • Shared Waterfront
  • 6 Powered Boats Permitted
  • 6 Non-Powered Boats Permitted
  • Screened Patio

Location

  • Property is near creek

Utilities

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

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 020365621467600

Community Details

Overview

  • No Home Owners Association
  • Pines On The Severn Community
  • Pines On The Severn Subdivision

Recreation

  • Beach
  • Community Basketball Court
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,485

Year Built

Built in 1976 | Remodeled in 2015

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1976
  • Year Renovated: 2015
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer
  • Interior Amenities: Kitchen - Island, Kitchen - Table Space, Family Room Off Kitchen, Kitchen - Gourmet, Upgraded Countertops, Primary Bath(s), Wood Floors, Recessed Lighting, Floor Plan - Open
  • Window Features: Screens
  • Fireplace Features: Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Insulated
  • Entry Location: Living Room
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Outside Entrance, Rear Entrance, Fully Finished
  • Living Area Units: Square Feet
  • Total Sq Ft: 1992
  • Living Area Sq Ft: 1242
  • Price Per Sq Ft: 297.83
  • Above Grade Finished Sq Ft: 1242
  • Below Grade Sq Ft: 750
  • Total Below Grade Sq Ft: 750
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Pool Private: No
  • Roof: Asphalt
  • Water Access: Yes
  • Water Body Name: CHASE CREEK
  • Water Body Type: Creek/Stream
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Cooling: Yes
  • Heating Fuel: Bottled Gas/Propane
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Bottled Gas
  • Sewer/Septic System: Septic Exists
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Basketball Courts, Beach, Pool - Outdoor
  • HOA: No
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 132300.00
  • Land Assessed Value: 272200.00
  • Lot Features: Backs To Trees
  • Lot Size Acres: 0.17
  • Lot Size Area: 7500
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7500.00
  • Outdoor Living Structures: Roof, Screened
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Zoning: R2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15241267
  • Tax Annual Amount: 4484.58
  • Assessor Parcel Number: 020365621467600
  • Tax Lot: 20
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015

Multi Family

  • Dock Slip Conveyance: First Come - First Served
  • Waterfront Features: Boat/Launch Ramp, Sandy Beach, Shared

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2015
Closed on
May 27, 2016
Sold by
Livingstone Herbert
Seller's Agent
Angela Demattia
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Jenn Klarman
Long & Foster Real Estate, Inc.
List Price
$400,000
Sold Price
$350,000
Premium/Discount to List
-$50,000
-12.5%
Current Estimated Value
$562,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$212,336
Avg. Annual Appreciation
5.04%
Original Mortgage
$332,500
Outstanding Balance
$265,407
Interest Rate
3.66%
Mortgage Type
New Conventional
Estimated Equity
$296,930

Purchase Details

Closed on
Sep 18, 1986
Sold by
Gerace Rudolph V
Bought by
Livingstone Herbert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,400
Interest Rate
9.96%
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
-- $350,000 Sage Title Group Llc
Livingstone Herbert $103,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open -- $332,500
Previous Owner Livingstone Herbert $93,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2016 05/27/16 Sold $350,000 -5.4% $282 / Sq Ft
04/07/2016 04/07/16 Pending -- -- --
03/01/2016 03/01/16 Price Changed $369,900 -7.5% $298 / Sq Ft
12/11/2015 12/11/15 For Sale $400,000 -- $322 / 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 $5,456 $438,733 -- --
2024 $5,456 $408,000 $267,200 $140,800
2023 $5,186 $397,900 $0 $0
2022 $4,892 $387,800 $0 $0
2020 $4,589 $377,700 $250,500 $127,200
2019 $4,582 $377,700 $250,500 $127,200
2018 $4,240 $418,100 $272,200 $145,900
2017 $4,859 $413,567 $0 $0
2016 -- $409,033 $0 $0
2015 -- $404,500 $0 $0
2014 -- $404,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001292651

Bright MLS

APN: 03-656-21467600