M
Landlord's Agent in 2024
Michael MacKay
Bay Property Management Group
(240) 778-3264
1407 Illinois Ave Severn, MD 21144
3
Beds
2
Baths
1,325
Sq Ft
$327
Price per Sq Ft
About This Home
As of October 2024Captivating 3 BR/2 BA Single Family Home in Severn! Step inside this home's cozy living room with neutral-colored interiors, hardwood floors, and great natural light. Cook delicious food in its meticulously maintained eat-in kitchen with all-white appliances, granite countertops, and ample cabinetry. Enjoy quality sleep in its spacious bedrooms with pastel-colored interiors, hardwood floors, and plenty of closet space. 2 Full baths boast flattering above-sink vanity lights, custom-tiled floors and bath enclosures, and ample storage space. This home also features a fully finished lower level with a decorative-only pellet stove, perfect for entertaining.
Pets are considered on a case-by-case basis with additional deposit.
Application Qualifications: Minimum income of 3 times the monthly rent, no evictions or recent filings, current accounts in good standing, and a clean criminal background check.
All Bay Management Group residents are automatically enrolled in the Resident Benefits Package (RBP) for $39.95/month, which includes renters insurance, credit building to help boost your credit score with timely rent payments, $1M Identity Protection, HVAC air filter delivery (for applicable properties), move-in concierge service making utility connection and home service setup a breeze during your move-in, our best-in-class resident rewards program, and much more! The Resident Benefits Package is a voluntary program and may be terminated at any time, for any reason, upon thirty (30) days’ written notice. Tenants that do not upload their own renters insurance to the Tenant portal 5 days prior to move in will be automatically included in the RBP and the renters insurance program. More details upon application.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,978
Year Built
- Built in 1955
Home Design
- Brick Exterior Construction
Interior Spaces
- Property has 2 Levels
- Finished Basement
Bedrooms and Bathrooms
Parking
- Driveway
- On-Street Parking
- Parking Lot
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
Community Details
- No Home Owners Association
- $40 Other Monthly Fees
Listing and Financial Details
- Residential Lease
- Security Deposit $2,500
- No Smoking Allowed
- 12-Month Min and 24-Month Max Lease Term
- Available 9/24/24
- Assessor Parcel Number 020415402798313
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 22, 2018
Closed on
Nov 19, 2018
Sold by
Holley Lee A and Holley Marguerite L
Bought by
Sale Paul A
Seller's Agent
James Schaecher
Keller Williams Flagship
Buyer's Agent
Lesley Bramer
Compass
List Price
$314,900
Sold Price
$290,000
Premium/Discount to List
-$24,900
-7.91%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,477
Avg. Annual Appreciation
5.99%
Original Mortgage
$296,235
Interest Rate
4.8%
Mortgage Type
VA
Purchase Details
Closed on
Apr 17, 2006
Sold by
Chetelat Erich
Bought by
Holley Lee A and Holley Marguerite L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,000
Interest Rate
6.32%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Mar 17, 2006
Sold by
Chetelat Erich
Bought by
Holley Lee A and Holley Marguerite L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,000
Interest Rate
6.32%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Jul 9, 2005
Sold by
James William J
Bought by
Chetelat Erich and Minor Eleanor
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.67%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sale Paul A | $290,000 | Title Resource Guaranty Co | |
| Holley Lee A | $295,000 | -- | |
| Holley Lee A | $295,000 | -- | |
| Chetelat Erich | $200,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sale Paul A | $297,900 | |
| Closed | Sale Paul A | $296,235 | |
| Previous Owner | Holley Lee A | $290,445 | |
| Previous Owner | Holley Lee A | $303,485 | |
| Previous Owner | Holley Lee A | $299,983 | |
| Previous Owner | Holley Lee A | $59,000 | |
| Previous Owner | Holley Lee A | $236,000 | |
| Previous Owner | Holley Lee A | $236,000 | |
| Previous Owner | Chetelat Erich | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/07/2024 10/07/24 | Rented | $2,300 | -8.0% | -- |
| 09/10/2024 09/10/24 | For Rent | $2,500 | +13.6% | -- |
| 12/10/2021 12/10/21 | Rented | $2,200 | 0.0% | -- |
| 11/12/2021 11/12/21 | Under Contract | -- | -- | -- |
| 11/01/2021 11/01/21 | For Rent | $2,200 | +5.0% | -- |
| 07/14/2020 07/14/20 | Rented | $2,095 | 0.0% | -- |
| 07/08/2020 07/08/20 | For Rent | $2,095 | 0.0% | -- |
| 11/19/2018 11/19/18 | Sold | $290,000 | -3.3% | $157 / Sq Ft |
| 10/19/2018 10/19/18 | Pending | -- | -- | -- |
| 09/06/2018 09/06/18 | Price Changed | $300,000 | -4.7% | $162 / Sq Ft |
| 08/22/2018 08/22/18 | For Sale | $314,900 | -- | $170 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $3,978 | $350,700 | $188,500 | $162,200 |
| 2024 | $3,978 | $317,367 | $0 | $0 |
| 2023 | $3,575 | $284,033 | $0 | $0 |
| 2022 | $3,050 | $250,700 | $141,600 | $109,100 |
| 2021 | $5,988 | $245,333 | $0 | $0 |
| 2020 | $2,897 | $239,967 | $0 | $0 |
| 2019 | $2,844 | $234,600 | $141,600 | $93,000 |
| 2018 | $2,379 | $234,600 | $141,600 | $93,000 |
| 2017 | $2,518 | $234,600 | $0 | $0 |
| 2016 | -- | $246,800 | $0 | $0 |
| 2015 | -- | $228,333 | $0 | $0 |
| 2014 | -- | $209,867 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Michael MacKay
-
datacorrect BrightMLS
d
Tenant's Agent in 2024
datacorrect BrightMLS
Non Subscribing Office
-
James Schaecher
Seller's Agent in 2018
James Schaecher
Keller Williams Flagship
(301) 928-4246
16 in this area
325 Total Sales
-
Lesley Bramer
Buyer's Agent in 2018
Lesley Bramer
Compass
(443) 745-8172
4 in this area
91 Total Sales
Map
Source: Bright MLS
MLS Number: MDAA2094092
APN: 04-154-02798313
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