NOT LISTED FOR SALE

1855 Cedar Dr Severn, MD 21144

Estimated Value: $328,000 - $408,000

0.51 Acre
$695,635 Price per Acre
22,216 Sq Ft Lot

Last Sold February 28, 2019

Last sale price $45,000

Est. 688% increase in value since last sale

Current estimated payment $2,093/month

99 Days on Market

About This Lot

As of February 2019

Nature abounds in this residential 1/2 acre wooded lot in mature community. Public water and sewer hookup available. INVESTMENT OPPORTUNITY in adjoining house next door in need of renovation, see MLS#1009941618, listed for just $150,000!!! Both listings offered together for just $200,000.

Last Agent to Sell the Property

Kristin Cawood

(410) 353-3926 kristin.cawood@verizon.net CAWOOD REAL ESTATE License #639308 Listed on: 10/17/2018

Last Buyer's Agent

Nataliya Lutsiv

(410) 823-0033 realtor@cummingsrealtors.com Cummings & Co. Realtors License #664600

Cummings & Co. Realtors

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,070

Lot Details

  • 0.51 Acre Lot
  • Property is zoned R2

Utilities

  • No Septic System

Community Details

  • No Home Owners Association
  • Severn Ridge Subdivision

Listing and Financial Details

  • Tax Lot 81
  • Assessor Parcel Number 020474606094200

Property Details

Property Type

Land

Est. Annual Taxes

$1,070

Lot Details

0.51 Acres

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Vacant
  • Exclusions: Outbuilding and driveway from adjoining property possible encroachment, subject to property line survey. The adjoining improved property also for sale, MLS# 1009941618.
  • New Construction: No
  • Federal Flood Zone: No
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 3.18
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: No
  • Sewer/Septic System: No Septic System

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.51
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 22041.00
  • Zoning: R2
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15287819
  • Tax Annual Amount: 1070.00
  • Assessor Parcel Number: 020474606094200
  • Tax Lot: 81
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2018

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2018
Closed on
Mar 8, 2019
Sold by
Martin James L and Estate Of Mary F Washington
Bought by
Cebreros Felipe N Soto
Seller's Agent
Kristin Cawood
CAWOOD REAL ESTATE
Buyer's Agent
Nataliya Lutsiv
Cummings & Co. Realtors
List Price
$95,000
Sold Price
$45,000
Premium/Discount to List
-$50,000
-52.63%
Current Estimated Value
$354,774

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$309,774
Avg. Annual Appreciation
34.54%
Original Mortgage
$225,833
Outstanding Balance
$196,502
Interest Rate
4.3%
Mortgage Type
FHA
Estimated Equity
$158,272

Purchase Details

Closed on
May 13, 2015
Sold by
Washington Mary F and Washington Mary Martin
Bought by
Washington Mary F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.86%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Cebreros Felipe N Soto $195,000 Masters Title & Escrow
Washington Mary F -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cebreros Felipe N Soto $225,833
Previous Owner Washington Mary F $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2019 02/28/19 Sold $45,000 -35.7% --
01/11/2019 01/11/19 Price Changed $70,000 -17.6% --
12/15/2018 12/15/18 Price Changed $85,000 -10.5% --
10/17/2018 10/17/18 For Sale $95,000 -- --
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 $3,194 $254,000 $168,500 $85,500
2024 $3,194 $245,767 $0 $0
2023 $3,068 $237,533 $0 $0
2022 $2,826 $229,300 $158,500 $70,800
2020 $5,178 $210,500 $0 $0
2019 $822 $201,100 $128,500 $72,600
2018 $2,014 $198,667 $0 $0
2017 $1,782 $196,233 $0 $0
2016 -- $193,800 $0 $0
2015 -- $186,800 $0 $0
2014 -- $179,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1009942240

Bright MLS

APN: 04-746-06094480

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