1287 Thompson Ave Severn, MD 21144
Estimated payment $3,861/month
Highlights
- 0.83 Acre Lot
- 4 Car Detached Garage
- Hot Water Baseboard Heater
- Deck
- Electric Baseboard Heater
About This Home
Appraised at $630,000. Multi-Generational & Investment Potential on Nearly an Acre. As of March 2026, this property appraised at $630,000 in its current condition, offering a rare opportunity in a market where flexible housing options are in high demand. Set on nearly an acre, this property offers two fully independent living spaces, ideal for multi-generational living, rental income, or private guest accommodations. The main home is a spacious 4-bedroom, 3-bath split-foyer offering approximately 2,500 sq ft of living space, featuring multiple living areas. The second living space is a separately metered 3-bedroom, 1-bath apartment above a massive detached garage. With its own kitchen, living room, and dining area, it functions as a fully independent unit. Parking is exceptional, the oversized detached garage accommodates multiple vehicles, with additional driveway parking for 10+ vehicles, trailers, equipment, or work vehicles. The setup is ideal for contractors, business owners, or households needing space for vehicles and equipment. (Buyers should verify zoning for intended use.) Whether you're seeking multi-generational living, income potential, or space to operate a home-based business, this property delivers rare flexibility and value in a high-demand market.
Listing Agent
(888) 860-7369 md.broker@exprealty.net EXP Realty, LLC Brokerage Phone: 8888607369 License #646248 Listed on: 03/05/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,006
Year Built
- Built in 1985
Lot Details
- 36,155 Sq Ft Lot
- Property is in average condition
Parking
- 4 Car Detached Garage
- 10 Driveway Spaces
- Front Facing Garage
Home Design
- Duplex
- Split Foyer
- Permanent Foundation
- Shingle Roof
- Vinyl Siding
Outdoor Features
- Deck
Schools
- Ridgeway Elementary School
- Old Mill Middle North
- Severn Run High School
Utilities
- Heating System Uses Oil
- Hot Water Baseboard Heater
- Electric Baseboard Heater
- Electric Water Heater
- On Site Septic
Community Details
- 2 Units
- 2-Story Building
Listing and Financial Details
- Tax Lot 6B
- Assessor Parcel Number 020481490042333
Map
Home Values in the Area
Average Home Value in this Area
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 | $4,347 | $512,400 | $218,300 | $294,100 |
| 2024 | $4,347 | $469,967 | $0 | $0 |
| 2023 | $4,197 | $427,533 | $0 | $0 |
| 2022 | $3,898 | $385,100 | $168,300 | $216,800 |
| 2021 | $1,972 | $376,533 | $0 | $0 |
| 2020 | $3,723 | $367,967 | $0 | $0 |
| 2019 | $3,660 | $359,400 | $168,300 | $191,100 |
| 2018 | $3,644 | $359,400 | $168,300 | $191,100 |
| 2017 | $3,466 | $359,400 | $0 | $0 |
| 2016 | -- | $403,400 | $0 | $0 |
| 2015 | -- | $403,400 | $0 | $0 |
| 2014 | -- | $403,400 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/05/2026 05/05/26 | Pending | -- | -- | -- |
| 03/24/2026 03/24/26 | Price Changed | $630,000 | -16.0% | $247 / Sq Ft |
| 03/05/2026 03/05/26 | For Sale | $750,000 | -- | $294 / Sq Ft |
Source: Bright MLS
MLS Number: MDAA2135862
APN: 04-814-90042333
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