NOT LISTED FOR SALE

181 Inverness Rd Severna Park, MD 21146

Estimated Value: $1,268,000 - $1,739,000

4 Beds
4 Baths
2,848 Sq Ft
$508/Sq Ft Est. Value

Last Sold March 12, 2021

Last sale price $1,300,000 $456 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $8,454/month

Highlights

  • 50 Feet of Waterfront
  • 3 Dock Slips
  • Access to Tidal Water
  • Primary bedroom faces the bay
  • Parking available for a boat
  • Fishing Allowed

About This Home

As of March 2021

Live the Chesapeake Lifestyle! ..........Experience serenity in this Craftsman, 1940's Coastal Cottage. .......Completely redone...........Original, vintage Craftsman moldings throughout..........9 1/2 foot ceilings on main level.....tongue and groove ceiling in entry foyer....... vintage tin ceiling with clawfoot tub in guest bath......Vintage oak flooring............... Stunning new craftsmanship outside and inside..............2 Primary bedr suites - first floor and upper level - both with superb waterviews.......... Butler's pantry adjacent to the formal, columned, elegant dining room.....Large home-office has picturesque views............Cozy living rm with fireplace...........Open, fully windowed great room with the views you've been looking for..............2 car garage...............lushly landscaped throughout with colors and foliage to delight.............. Entertain a crowd easily inside or outside.................deep water slips for any size boat......1700 sq ft cellar / basement is for storage only (6 to 7 ft ceiling height).........Experience Resort living everyday!

Last Agent to Sell the Property

Bonnie Wolfe

(443) 253-1815 bonniewolfe@live.com Berkshire Hathaway HomeServices PenFed Realty License #71010 Listed on: 02/12/2021

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Bridgette Jacobs

(443) 694-8030 bridgette@lnf.com Long & Foster Real Estate, Inc. License #628264

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,014

Year Built

  • Built in 1934

Lot Details

  • 0.4 Acre Lot
  • 50 Feet of Waterfront
  • Home fronts navigable water
  • Property is Fully Fenced
  • Stone Retaining Walls
  • Extensive Hardscape
  • No Through Street
  • Property is in excellent condition
  • Property is zoned R2

Parking

  • 2 Car Detached Garage
  • 2 Driveway Spaces
  • Front Facing Garage
  • Parking available for a boat

Home Design

  • Cape Cod Architecture
  • Craftsman Architecture
  • Coastal Architecture
  • Cedar

Interior Spaces

  • Property has 3 Levels
  • Crown Molding
  • Beamed Ceilings
  • Ceiling height of 9 feet or more
  • Wood Burning Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room
  • Formal Dining Room
  • Den
  • Wood Flooring
  • River Views
  • Unfinished Basement
  • Interior Basement Entry
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • Primary bedroom faces the bay
  • En-Suite Primary Bedroom
  • Whirlpool Bathtub

Accessible Home Design

  • More Than Two Accessible Exits
  • Entry Slope Less Than 1 Foot

Outdoor Features

  • Access to Tidal Water
  • Canoe or Kayak Water Access
  • River Nearby
  • Personal Watercraft
  • Waterski or Wakeboard
  • Sail
  • Bulkhead
  • Rip-Rap
  • Swimming Allowed
  • Electric Hoist or Boat Lift
  • 3 Dock Slips
  • Physical Dock Slip Conveys
  • Dock made with Treated Lumber
  • Stream or River on Lot
  • 2 Powered Boats Permitted
  • 1 Non-Powered Boats Permitted
  • Exterior Lighting

Schools

  • Folger Mckinsey Elementary School
  • Chesapeake Bay Middle School
  • Chesapeake High School

Utilities

  • Central Air
  • Heating System Uses Oil
  • Hot Water Heating System
  • Oil Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 22
  • Assessor Parcel Number 020369208131000

Community Details

Overview

  • No Home Owners Association
  • Riverdale Park Subdivision

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,014

Year Built

Built in 1934

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod, Craftsman, Coastal
  • Accessibility Features: 2+ Access Exits, Entry Slope <1'
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2021-02-13
  • Year Built: 1934
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Stainless Steel Appliances
  • Flooring Type: Hardwood
  • Interior Amenities: Butlers Pantry, Crown Moldings, Entry Level Bedroom, Formal/Separate Dining Room, Kitchen - Eat-In, Primary Bedroom - Bay Front, Whirlpool/Hottub, Wood Floors
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings, Beamed Ceilings
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Den, Foyer, Bathroom 2, Bathroom 3, Primary Bathroom
  • Basement: Yes
  • Basement Type: Interior Access, Unfinished
  • Laundry Type: Main Floor
  • Total Sq Ft: 4548
  • Living Area Sq Ft: 2848
  • Price Per Sq Ft: 456.46
  • Above Grade Finished Sq Ft: 2848
  • Below Grade Sq Ft: 1700
  • Total Below Grade Sq Ft: 1700
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Cedar
  • Exterior Features: Extensive Hardscape, Stone Retaining Walls, Boat Storage, Exterior Lighting
  • View: River, Water
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Personal Watercraft (PWC), Sail, Swimming Allowed, Waterski/Wakeboard
  • Water Access: Yes
  • Water Body Name: Magothy River
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 50

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway, Detached Garage
  • Number of Spaces in Driveway: 2

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Oil
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Oil
  • Sewer/Septic System: Septic Exists
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: FOLGER MCKINSEY
  • High School: CHESAPEAKE
  • Middle Or Junior School: CHESAPEAKE BAY

Green Features

  • Clean Green Assessed: No

Lot Info

  • Fencing: Fully
  • Improvement Assessed Value: 343200.00
  • Land Assessed Value: 431100.00
  • Lot Features: Bulkheaded, No Thru Street, Rip-Rapped
  • Lot Size Acres: 0.40
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 17538.00
  • Property Condition: Excellent
  • Zoning: R2
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15244072
  • Tax Annual Amount: 8014.00
  • Assessor Parcel Number: 020369208131000
  • Tax Lot: 22
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021

Multi Family

  • Waterfront Features: Private Dock Site, Rip-Rap

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2021
Closed on
Mar 12, 2021
Sold by
Shultz Jeffrey B and Shultz Susan T
Bought by
Nachazel Timothy E
Seller's Agent
Bonnie Wolfe
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Bridgette Jacobs
Long & Foster Real Estate, Inc.
List Price
$1,250,000
Sold Price
$1,300,000
Premium/Discount to List
$50,000
4%
Current Estimated Value
$1,448,085

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,085
Avg. Annual Appreciation
2.36%
Original Mortgage
$460,000
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 2007
Sold by
Ritter Douglas D
Bought by
Shultz Jeffrey B and Shultz Susan T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.24%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 13, 2007
Sold by
Ritter Douglas D
Bought by
Shultz Jeffrey B and Shultz Susan T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.24%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 20, 2000
Sold by
Turner Clement O
Bought by
Ritter Douglas D and Ritter Alice R

Purchase Details

Closed on
Aug 31, 1995
Sold by
Lee Peter B
Bought by
Turner Clement O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$291,600
Interest Rate
7.61%
Source: Public Records

Range of Values:

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Average Value
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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
Nachazel Timothy E $1,300,000 Sage Title Group Llc
Shultz Jeffrey B $1,064,000 --
Shultz Jeffrey B $1,064,000 --
Ritter Douglas D $385,000 --
Turner Clement O $324,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nachazel Timothy E $460,000
Previous Owner Shultz Jeffrey B $260,000
Previous Owner Shultz Jeffrey B $740,000
Previous Owner Shultz Jeffrey B $740,000
Previous Owner Turner Clement O $291,600
Closed Ritter Douglas D --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/12/2021 03/12/21 Sold $1,300,000 0.0% $456 / Sq Ft
02/15/2021 02/15/21 Price Changed $1,300,000 +4.0% $456 / Sq Ft
02/12/2021 02/12/21 For Sale $1,250,000 -- $439 / 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 $10,484 $963,100 -- --
2024 $10,484 $911,600 $461,100 $450,500
2023 $9,929 $865,833 $0 $0
2022 $9,000 $820,067 $0 $0
2021 $8,522 $774,300 $431,100 $343,200
2020 $8,104 $737,700 $0 $0
2019 $14,875 $701,100 $0 $0
2018 $6,738 $664,500 $326,100 $338,400
2017 $6,999 $654,367 $0 $0
2016 -- $644,233 $0 $0
2015 -- $634,100 $0 $0
2014 -- $634,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA458676

Bright MLS

APN: 03-692-08131000