NOT LISTED FOR SALE

1508 Severncroft Rd Annapolis, MD 21409

Estimated Value: $3,517,802 - $4,072,000

4 Beds
5.5 Baths
5,886 Sq Ft
$658/Sq Ft Est. Value

Last Sold August 25, 2017

Last sale price $2,400,000 $408 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $22,649/month

445 Days on Market

Highlights

  • 249 Feet of Waterfront
  • Boat Ramp
  • Spa
  • Arnold Elementary School Rated 10
  • 1 Dock Slip
  • Sauna

About This Home

As of August 2017

Great new price on exceptional waterfront home on private 1.73 acre natural setting w/panoramic Severn River views from 3 of 4 levels. Owners have expanded views, added living shoreline, landscaping, elevator to 3 levels, upper level office & lower level wine room. Enjoy sunset views, fine architectural details, walnut floors, wrap-around decking, hot tub overlooking river & deep water slip w/lift

Last Agent to Sell the Property

Charles Dwayne Hoyt

(410) 991-2101 cdhoyt27@aol.com Keller Williams Select Realtors of Annapolis License #532509 Listed on: 04/13/2016

Keller Williams Select Realtors of Annapolis

Last Buyer's Agent

Sandra K. Libby

(410) 647-8305 sandra@sandraklibby.com Long & Foster Real Estate, Inc. License #28240

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,106

Year Built

  • Built in 2003

Lot Details

  • 1.73 Acre Lot
  • 249 Feet of Waterfront
  • Home fronts navigable water
  • West Facing Home
  • Stone Retaining Walls
  • Extensive Hardscape
  • No Through Street
  • Private Lot
  • Sprinkler System
  • Property is in very good condition

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Circular Driveway
  • Off-Street Parking

Home Design

  • Wood Siding

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Crown Molding
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • 4 Fireplaces
  • Fireplace With Glass Doors
  • Screen For Fireplace
  • Fireplace Mantel
  • Gas Fireplace
  • Double Pane Windows
  • Window Treatments
  • Palladian Windows
  • Bay Window
  • Wood Frame Window
  • Window Screens
  • French Doors
  • Six Panel Doors
  • Entrance Foyer
  • Family Room Off Kitchen
  • Dining Room
  • Home Office
  • Game Room
  • Sun or Florida Room
  • Utility Room
  • Sauna
  • Home Gym
  • Wood Flooring
  • River Views
  • Home Security System

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Area or Nook
  • Butlers Pantry
  • Double Oven
  • Gas Oven or Range
  • Six Burner Stove
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom
  • 5.5 Bathrooms
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Improved Basement

  • Heated Basement
  • Connecting Stairway
  • Sump Pump

Accessible Home Design

  • Accessible Elevator Installed
  • Halls are 48 inches wide or more
  • More Than Two Accessible Exits

Outdoor Features

  • Spa
  • Water Access
  • River Nearby
  • Rip-Rap
  • Physical Dock Slip Conveys
  • 1 Dock Slip
  • Stream or River on Lot
  • 1 Powered Boats Permitted
  • 1 Non-Powered Boats Permitted
  • Multiple Balconies
  • Deck
  • Patio
  • Wrap Around Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Vented Exhaust Fan
  • 60 Gallon+ Natural Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 020305890059647

Community Details

Overview

  • Association fees include pier/dock maintenance
  • The community has rules related to alterations or architectural changes, building or community restrictions, covenants

Recreation

  • Boat Ramp
  • Boat Dock
  • Pier or Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,106

Year Built

Built in 2003

Lot Details

0

HOA Fees

$100 per month

Parking

4

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Accessibility Features: Elevator, 48"+ Halls, 2+ Access Exits
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • Year Built: 2003
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Exhaust Fan, Icemaker, Microwave, Oven - Double, Oven/Range - Gas, Refrigerator, Six Burner Stove, Washer, Water Heater
  • Interior Amenities: Butlers Pantry, Family Room Off Kitchen, Kitchen - Gourmet, Kitchen - Island, Kitchen - Table Space, Dining Area, Breakfast Area, Kitchen - Eat-In, Primary Bath(s), Built-Ins, Upgraded Countertops, Crown Moldings, Window Treatments, Elevator, Whirlpool/Hottub, Sauna, Wet/Dry Bar, Wood Floors, Recessed Lighting, Floor Plan - Open
  • Window Features: Bay/Bow, Double Pane, Screens, Palladian, Wood Frame
  • Fireplace Features: Fireplace - Glass Doors, Gas/Propane, Mantel(s), Screen
  • Fireplaces Count: 4
  • Fireplace: Yes
  • Door Features: French, Six Panel
  • Wall Ceiling Types: 9'+ Ceilings, Beamed Ceilings, Cathedral Ceilings, High
  • Entry Location: Center Hall
  • Levels Count: 3+
  • Room List: Dining Room, Primary Bedroom, Bedroom 3, Bedroom 4, Kitchen, Game Room, Family Room, Foyer, Study, Sun/Florida Room, Exercise Room, Laundry, Office, Utility Room
  • Basement: Yes
  • Basement Type: Sump Pump, Connecting Stairway, Heated, Improved
  • Living Area Units: Square Feet
  • Total Sq Ft: 6204
  • Living Area Sq Ft: 5886
  • Price Per Sq Ft: 652.80
  • Above Grade Finished Sq Ft: 4136
  • Below Grade Finished Sq Ft: 1750
  • Below Grade Sq Ft: 318
  • Total Below Grade Sq Ft: 2068
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 6
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3.00
  • Upper Level 2 Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Combination, Wood Siding
  • Dock Type: Single Slip
  • Construction Completed: No
  • Exterior Features: Extensive Hardscape, Hot Tub, Stone Retaining Walls, Underground Lawn Sprinkler
  • View: Water, River
  • Water Access: Yes
  • Water Body Name: SEVERN RIVER
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 249

Garage/Parking

  • Garage Spaces: 4.00
  • Garage: Yes
  • Parking Features: Circular Driveway, Garage, Paved Driveway
  • Garage Features: Garage Door Opener, Garage - Front Entry
  • Attached Garage Spaces: 4
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Off Street, Driveway, Attached Garage

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s), Zoned
  • Heating Fuel: Electric, Natural Gas
  • Heating Type: Forced Air, Heat Pump(s), Zoned
  • Heating: Yes
  • Hot Water: Natural Gas, 60+ Gallon Tank
  • Security: Security System
  • Sewer/Septic System: Septic Exists
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 1200.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Boat Ramp, Boat Dock/Slip, Pier/Dock
  • HOA Condo Co-Op Fee Includes: Pier/Dock Maintenance
  • HOA Condo Co-Op Rules: Alterations/Architectural Changes, Building Restrictions, Covenants
  • HOA: Yes
  • Senior Community: No

Lot Info

  • Lot Features: Rip-Rapped, Private, No Thru Street
  • Lot Size Acres: 1.73
  • Lot Size Area: 75359
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 75359.00
  • Outdoor Living Structures: Balconies- Multiple, Deck(s), Patio(s), Porch(es), Wrap Around
  • Property Condition: Very Good

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 23106.30
  • Assessor Parcel Number: 020305890059647
  • Tax Lot: 7
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015

Multi Family

  • Dock Slip Conveyance: Physical Dock/Slip Conveys
  • Waterfront Features: Rip-Rap

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2016
Closed on
Aug 25, 2017
Sold by
Landis Michael and Landis Katrina
Bought by
Nunez Alexander G and Hamilton Heather D
Seller's Agent
Charles Dwayne Hoyt
Keller Williams Select Realtors of Annapolis
Buyer's Agent
Sandra K. Libby
Long & Foster Real Estate, Inc.
List Price
$3,495,000
Sold Price
$2,400,000
Premium/Discount to List
-$1,095,000
-31.33%
Current Estimated Value
$3,872,601

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,472,601
Avg. Annual Appreciation
5.95%
Original Mortgage
$1,800,000
Outstanding Balance
$1,504,338
Interest Rate
3.93%
Mortgage Type
New Conventional
Estimated Equity
$2,368,263

Purchase Details

Closed on
Apr 1, 2009
Sold by
Fasick Gregory S
Bought by
Landis Michael and Landis Katrina

Purchase Details

Closed on
Aug 10, 2001
Sold by
Severn River Ltd Ptnshp
Bought by
Fasick Gregory S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Nunez Alexander G $2,400,000 Mid Maryland Title Co
Landis Michael $2,550,000 --
Fasick Gregory S $295,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nunez Alexander G $1,800,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/25/2017 08/25/17 Sold $2,400,000 -11.1% $408 / Sq Ft
07/02/2017 07/02/17 Pending -- -- --
04/23/2017 04/23/17 Price Changed $2,700,000 -10.0% $459 / Sq Ft
08/27/2016 08/27/16 Price Changed $2,999,000 -7.7% $510 / Sq Ft
06/14/2016 06/14/16 Price Changed $3,250,000 -7.0% $552 / Sq Ft
04/13/2016 04/13/16 For Sale $3,495,000 -- $594 / 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 $25,909 $2,416,767 -- --
2024 $25,909 $2,320,200 $1,418,400 $901,800
2023 $25,656 $2,306,067 $0 $0
2022 $24,381 $2,291,933 $0 $0
2021 $48,467 $2,277,800 $1,418,400 $859,400
2020 $24,213 $2,277,800 $1,418,400 $859,400
2019 $48,472 $2,277,800 $1,418,400 $859,400
2018 $23,279 $2,295,800 $1,402,400 $893,400
2017 $23,464 $2,265,100 $0 $0
2016 -- $2,234,400 $0 $0
2015 -- $2,203,700 $0 $0
2014 -- $2,198,067 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002405498

Bright MLS

APN: 03-058-90059647