NOT LISTED FOR SALE

1502 Willow Branch Way Severn, MD 21144

Estimated Value: $1,075,402 - $1,116,000

4 Beds
5 Baths
6,862 Sq Ft
$160/Sq Ft Est. Value

Last Sold August 13, 2021

Last sale price $949,000 $138 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $5,911/month

Highlights

  • Fitness Center
  • Traditional Architecture
  • 1 Fireplace
  • Clubhouse
  • Wood Flooring
  • Corner Lot

About This Home

As of August 2021

This home is located at 1502 Willow Branch Way, Severn, MD 21144 since 28 June 2021 and is currently estimated at $1,096,467, approximately $159 per square foot. This property was built in 2018. 1502 Willow Branch Way is a home located in Anne Arundel County with nearby schools including Jessup Elementary School, Meade Middle School, and Meade High School.

Last Agent to Sell the Property

Phil Gerdes

(443) 694-7366 philgerdes@thegerdesteam.com Real Broker, LLC - Annapolis License #0225261065 Listed on: 06/28/2021

Real Broker, LLC - Annapolis

Last Buyer's Agent

Jessica Hood

(443) 623-4523 jessica@theroskellyteam.com Berkshire Hathaway HomeServices PenFed Realty License #574160

Berkshire Hathaway HomeServices PenFed Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,429

Year Built

  • Built in 2018

Lot Details

  • 0.31 Acre Lot
  • Corner Lot
  • Property is in very good condition
  • Property is zoned R2

HOA Fees

  • $130 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • 3 Driveway Spaces
  • Side Facing Garage
  • Garage Door Opener
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Entrance Foyer
  • Great Room
  • Family Room
  • Sitting Room
  • Breakfast Room
  • Dining Room
  • Den
  • Library

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Laundry on upper level

Finished Basement

  • Heated Basement
  • Natural lighting in basement

Utilities

  • Central Air
  • Heat Pump System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 020449490240888

Community Details

Overview

  • Association fees include common area maintenance, management, pool(s), road maintenance
  • Built by Toll Brothers
  • Arundel Forest Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Playground
  • Fitness Center
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,429

Year Built

Built in 2018

Lot Details

0

HOA Fees

$130 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2021-07-01
  • Year Built: 2018
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Hardwood, Carpet, Ceramic Tile
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3
  • Room List: Dining Room, Primary Bedroom, Sitting Room, Bedroom 2, Bedroom 3, Kitchen, Family Room, Library, Foyer, Breakfast Room, Bedroom 1, Great Room, Laundry, Office, Media Room, Bathroom 1, Bathroom 2, Primary Bathroom, Half Bath
  • Basement: Yes
  • Basement Type: Daylight, Full, Fully Finished, Heated
  • Laundry Type: Upper Floor
  • Total Sq Ft: 6862
  • Living Area Sq Ft: 6862
  • Price Per Sq Ft: 195.19
  • Above Grade Finished Sq Ft: 4862
  • Below Grade Finished Sq Ft: 2000
  • Total Below Grade Sq Ft: 2000
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Half Bathrooms: 1
  • Lower Level Half Bathroom: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Vinyl Siding
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Garage Features: Garage - Side Entry, Garage Door Opener, Inside Access, Oversized
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage, Driveway, Off Street, On Street
  • Number of Spaces in Driveway: 3

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 130.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Swimming Pool, Club House, Fitness Center, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management, Pool(s), Road Maintenance
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 620000.00
  • Land Assessed Value: 157400.00
  • Lot Size Acres: 0.31
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13398.00
  • Property Condition: Very Good
  • Zoning: R2
  • In City Limits: No

Building Info

  • Builder Name: Toll Brothers

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15475667
  • Tax Annual Amount: 8429.00
  • Assessor Parcel Number: 020449490240888
  • Tax Lot: 13
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2021
Closed on
Aug 12, 2021
Sold by
Krall Justin T and Krall Angela
Bought by
Sherrod Michael M and Sherrod Angela Elana
Seller's Agent
Phil Gerdes
Real Broker, LLC - Annapolis
Buyer's Agent
Jessica Hood
Berkshire Hathaway HomeServices PenFed Realty
List Price
$949,000
Sold Price
$949,000
Current Estimated Value
$1,096,467

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,467
Avg. Annual Appreciation
3.49%
Original Mortgage
$949,000
Outstanding Balance
$860,321
Interest Rate
2.7%
Mortgage Type
VA
Estimated Equity
$236,146

Purchase Details

Closed on
Oct 31, 2018
Sold by
Toll Md Vii Lp
Bought by
Krall Justin T and Krall Angela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,800
Interest Rate
4.8%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Sherrod Michael M $949,000 Turnkey Title Llc
Krall Justin T $848,309 Westminster Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sherrod Michael M $949,000
Previous Owner Krall Justin T $660,800
Previous Owner Krall Justin T $82,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/13/2021 08/13/21 Sold $949,000 0.0% $138 / Sq Ft
06/30/2021 06/30/21 Pending -- -- --
06/28/2021 06/28/21 For Sale $949,000 -- $138 / 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 $982,400 $182,400 $800,000
2024 $502 $914,067 $0 $0
2023 $474 $845,733 $0 $0
2022 $430 $777,400 $157,400 $620,000
2021 $17,108 $777,400 $157,400 $620,000
2020 $4,022 $777,400 $157,400 $620,000
2019 $3,996 $780,400 $172,400 $608,000
2018 $1,123 $110,733 $0 $0
2017 $898 $99,067 $0 $0
2016 -- $87,400 $0 $0
2015 -- $80,733 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Phil Gerdes

    Seller's Agent in 2021

    Phil Gerdes

    Real Broker, LLC - Annapolis

    (443) 694-7366

    15 in this area

    579 Total Sales

    Phil Gerdes
    Section Image
  • Jessica Hood

    Buyer's Agent in 2021

    Jessica Hood

    BHHS PenFed (actual)

    (443) 623-4523

    30 in this area

    148 Total Sales

    Jessica Hood
    Section Image
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Map

Source: Bright MLS

MLS Number: MDAA2000798

Bright MLS

APN: 04-494-90240888

Maryland Anne Arundel County Severn 21144

1502 Willow Branch Way, Severn, MD

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