1406 Illinois Ave Severn, MD 21144
Estimated Value: $415,000 - $506,000
Studio
2
Baths
1,008
Sq Ft
$465/Sq Ft
Est. Value
About This Home
This home is located at 1406 Illinois Ave, Severn, MD 21144 and is currently estimated at $468,229, approximately $464 per square foot. 1406 Illinois Ave is a home located in Anne Arundel County with nearby schools including Ridgeway Elementary School, Old Mill High School, and Annapolis Area Christian School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 16, 2025
Sold by
Wu Wen Chao and Yu Shuzhen
Bought by
Hernandez-Serrano Geovanny A and Chavez Claudia Vanessa
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$456,000
Outstanding Balance
$451,950
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$16,279
Purchase Details
Closed on
May 23, 2024
Sold by
Hb1 Alternative Holdings Llc
Bought by
Wu Wen Chao and Yu Shuzhen
Purchase Details
Closed on
Jun 8, 2023
Sold by
Bierman Howard N
Bought by
Mortgage Assets Mgmt Llc and Reverse Mortgage Solutions Inc
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hernandez-Serrano Geovanny A | $480,000 | Atlantic Title | |
| Hernandez-Serrano Geovanny A | $480,000 | Atlantic Title | |
| Wu Wen Chao | $300,000 | Beeline Title Llc | |
| Hb1 Alternative Holdings Llc | -- | Beeline Title Llc | |
| Mortgage Assets Mgmt Llc | $311,451 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hernandez-Serrano Geovanny A | $456,000 | |
| Closed | Hernandez-Serrano Geovanny A | $456,000 |
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 | $3,886 | $330,800 | $194,400 | $136,400 |
| 2024 | $3,886 | $309,033 | $0 | $0 |
| 2023 | $3,611 | $287,267 | $0 | $0 |
| 2022 | $2,579 | $265,500 | $146,200 | $119,300 |
| 2020 | $2,456 | $256,233 | $0 | $0 |
| 2019 | $2,418 | $251,600 | $146,200 | $105,400 |
| 2018 | $2,551 | $251,600 | $146,200 | $105,400 |
| 2017 | $2,295 | $251,600 | $0 | $0 |
| 2016 | -- | $254,200 | $0 | $0 |
| 2015 | -- | $239,700 | $0 | $0 |
| 2014 | -- | $225,200 | $0 | $0 |
Source: Public Records
Map
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