NOT LISTED FOR SALE

1516 Severncroft Rd Annapolis, MD 21409

Estimated Value: $2,328,000 - $5,601,000

8 Beds
2.5 Baths
2,352 Sq Ft
$1,567/Sq Ft Est. Value

Sale Details

Date Sold: March 20, 2015

Last sale price $1,262,500 $537 Per Sq Ft

Est. 192% increase in value since last sale

Current estimated payment $22,002 / mo

406 Days on Market

Highlights

  • 151 Feet of Waterfront
  • 1 Boat Dock
  • 3.17 Acre Lot
  • Arnold Elementary School Rated 10
  • Pier
  • Colonial Architecture

About This Home

As of March 2015

The 8 bedroom original manor home was built in 1912 as a summer retreat. The magnificent 3.17 acre property features stunning views of the Severn River. Community marina to accommodate any boaters need. 151 feet of water frontage this is one of Maryland's most desirable prime waterfront locations. Build the ultimate waterfront retreat! Home being sold strictly "as is". Enter at your own risk.

Last Agent to Sell the Property

John Collins

(410) 224-4999 John@johncollinsgroup.com Long & Foster Real Estate, Inc. License #89163 Listed on: 10/11/2013

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Carrie Mock

carriemock@comcast.net Curtis Real Estate Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,277

Year Built

  • Built in 1912

Lot Details

  • 3.17 Acre Lot
  • 151 Feet of Waterfront
  • Home fronts navigable water

HOA Fees

  • $100 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Frame Construction
  • Wood Siding

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Dining Area
  • Water Views

Bedrooms and Bathrooms

  • 8 Bedrooms

Unfinished Basement

  • Partial Basement
  • Side Exterior Basement Entry

Outdoor Features

  • Pier
  • Water Access
  • River Nearby
  • Physical Dock Slip Conveys
  • 1 Boat Dock
  • Stream or River on Lot
  • 1 Powered Boats Permitted
  • 1 Non-Powered Boats Permitted

Utilities

  • Electric Water Heater
  • Septic Tank

Community Details

  • Bancroft Subdivision

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 020305890059646

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,277

Year Built

Built in 1912

Lot Details

3.17 Acres

HOA Fees

$100 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1912
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Dining Area
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Outside Entrance, Side Entrance, Partial, Unfinished
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 8
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Upper Level 2 Bathrooms: 1.00
  • Upper Level 2 Half Bathrooms: 1

Exterior Features

  • Construction Materials: Frame, Wood Siding
  • Dock Type: Pier (Perpendicular)
  • Construction Completed: No
  • View: Water
  • 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: 151

Garage/Parking

  • Garage: No

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: No
  • Hot Water: Electric
  • 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: Yes
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 41300.00
  • Land Assessed Value: 1185200.00
  • Lot Size Acres: 3.17
  • Lot Size Area: 138085
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 138085.00

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15204192
  • Tax Annual Amount: 13277.28
  • Assessor Parcel Number: 020305890059646
  • Tax Lot: 6
  • County Tax Payment Frequency: Annually
  • Tax Year: 2012

Multi Family

  • Dock Slip Conveyance: Physical Dock/Slip Conveys

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2013
Closed on
Mar 20, 2015
Sold by
Severn River Limited Partnership
Bought by
Gendell Christopher R and Gendell Andi M
Seller's Agent
John Collins
Long & Foster Real Estate, Inc.
Buyer's Agent
Carrie Mock
Curtis Real Estate Company
List Price
$1,498,000
Sold Price
$1,262,500
Premium/Discount to List
-$235,500
-15.72%
Current Estimated Value
$3,684,542

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,422,042
Avg. Annual Appreciation
10.05%
Original Mortgage
$2,515,377
Outstanding Balance
$1,971,186
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,713,356
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Gendell Christopher R $1,262,500 Mid Maryland Title Co Inc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Gendell Christopher R $2,515,377
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/20/2015 03/20/15 Sold $1,262,500 -15.7% $537 / Sq Ft
11/21/2014 11/21/14 Pending -- -- --
10/11/2013 10/11/13 For Sale $1,498,000 -- $637 / Sq Ft
Source: Bright MLS

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 $23,539 $2,201,233 -- --
2024 $23,539 $2,103,800 $1,291,200 $812,600
2023 $23,345 $2,094,433 $0 $0
2022 $22,219 $2,085,067 $0 $0
2020 $22,099 $2,075,700 $1,291,200 $784,500
2019 $41,715 $2,075,700 $1,291,200 $784,500
2018 $21,640 $2,134,100 $1,275,200 $858,900
2017 $13,076 $1,286,100 $0 $0
2016 -- $1,256,300 $0 $0
2015 -- $1,226,500 $0 $0
2014 -- $1,226,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • John Collins

    Seller's Agent in 2015

    John Collins

    Long & Foster

    (410) 693-6000

    19 in this area

    146 Total Sales

    John Collins
    Section Image

  • C

    Buyer's Agent in 2015

    Carrie Mock

    Curtis Real Estate Company

See All Agents

Map

Source: Bright MLS

MLS Number: 1003735294

Bright MLS

APN: 03-058-90059646

Maryland Anne Arundel County Annapolis 21409

1516 Severncroft Rd, Annapolis, MD

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