NOT LISTED FOR SALE

186 Severn Way Arnold, MD 21012

Estimated Value: $993,000 - $2,266,000

3 Beds
3 Baths
2,380 Sq Ft
$766/Sq Ft Est. Value

Last Sold June 27, 2019

Last sale price $775,000 $326 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $10,232/month

5 Days on Market

Highlights

  • Marina
  • Boat Ramp
  • Home fronts navigable water
  • Arnold Elementary School Rated 10
  • Boat or Launch Ramp
  • Water Access

About This Home

As of June 2019

Opportunities like this do not come up very often! This is your chance to own a water-front home, minutes from Annapolis, that boasts a stunning view of Chase Creek & the Severn River arguably the best view in the neighborhood!! Nestled high up from the shoreline, you will surely find lots of charm throughout this well-maintained home. The inviting living space offers a tranquil and picturesque setting to enjoy year round. Upper level of the home features an open floor plan with stunning views of the water. Lower Level offers equally beautiful water views with a generous second living space, bedroom, full bathroom and storage area. Large, two-tier deck is accessible from both levels and will quickly become your new favorite place to BBQ and entertain guests. Low-E windows throughout the home offer peace of mind for years to come. Amenity rich community includes private beach, marina dock with pump-out, playground, basketball & tennis courts and more! Convenient access to downtown Annapolis, surrounding areas and all major roads. Don t forget to bring your boat!! Your fellow mariners will be envious of the close proximity from your doorstep to some of the best boating/fishing/entertaining the Chesapeake Bay and its waterways have to offer.

Last Agent to Sell the Property

Christopher Stumbroski

(443) 834-4499 cstumbroski@gmail.com EXP Realty, LLC License #645359 Listed on: 04/11/2019

EXP Realty, LLC

Last Buyer's Agent

Matthew Reed

(410) 271-9813 matthewmcdavidreed@gmail.com Reed Real Estate License #599199

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,194

Year Built

  • Built in 1962

Lot Details

  • 9,000 Sq Ft Lot
  • Home fronts navigable water
  • Sandy Beach
  • Property is in very good condition
  • Property is zoned R2

Parking

  • 1 Car Direct Access Garage
  • 4 Open Parking Spaces
  • Driveway

Property Views

  • River
  • Panoramic

Home Design

  • Colonial Architecture
  • Slab Foundation
  • Shingle Roof
  • Asbestos

Interior Spaces

  • 2,380 Sq Ft Home
  • Property has 2 Levels
  • Furnished
  • Wood Burning Fireplace
  • Fireplace With Glass Doors
  • Family Room
  • Living Room
  • Dining Room
  • Utility Room
  • Laundry on main level

Flooring

  • Carpet
  • Tile or Brick
  • Terrazzo
  • Ceramic Tile

Bedrooms and Bathrooms

Outdoor Features

  • Water Access
  • Property Near A Cove
  • Boat or Launch Ramp
  • Stream or River on Lot
  • Shared Waterfront
  • Lake Privileges
  • Multiple Balconies
  • Deck
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • Municipal Trash
  • Private Sewer

Listing and Financial Details

  • Tax Lot 401
  • Assessor Parcel Number 020365608864200

Community Details

Overview

  • No Home Owners Association
  • Association fees include pier/dock maintenance, reserve funds
  • Pines On The Severn HOA
  • Pines On The Severn Subdivision

Amenities

  • Common Area

Recreation

  • Boat Ramp
  • Boat Dock
  • Pier or Dock
  • Mooring Area
  • Marina
  • Beach

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,194

Year Built

Built in 1962

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: All furniture & kayaks - optional
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2019-04-13
  • Year Built: 1962
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Tile/Brick, Terrazzo, Carpet, Ceramic Tile
  • Fireplace Features: Fireplace - Glass Doors, Wood
  • Fireplaces Count: 1
  • Fireplace: No
  • Foundation Details: Slab
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Utility Room, Bathroom 1, Bathroom 2, Bathroom 3
  • Basement: No
  • Laundry Type: Has Laundry, Main Floor
  • Total Sq Ft: 2380
  • Living Area Sq Ft: 2380
  • Price Per Sq Ft: 310.50
  • Above Grade Finished Sq Ft: 2380
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Asbestos
  • Exterior Features: Exterior Lighting
  • Roof: Shingle
  • View: Panoramic, River
  • Water Access: Yes
  • Water Body Name: Chase Creek
  • Water Body Type: Cove
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Open Parking Spaces Count: 4
  • Parking Features: Paved Driveway
  • Garage Features: Inside Access
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Private Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach, Boat Dock/Slip, Boat Ramp, Common Grounds, Marina/Marina Club, Mooring Area, Pier/Dock, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Pier/Dock Maintenance, Reserve Funds
  • HOA Name: PINES ON THE SEVERN
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Improvement Assessed Value: 155000.00
  • Land Assessed Value: 423700.00
  • Lot Size Acres: 0.21
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9000.00
  • Outdoor Living Structures: Balconies- Multiple, Deck(s)
  • Property Condition: Very Good
  • Zoning: R2
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15241196
  • Tax Annual Amount: 6194.00
  • Assessor Parcel Number: 020365608864200
  • Tax Lot: 401
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018

Multi Family

  • Waterfront Features: Sandy Beach, Shared, Boat/Launch Ramp

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2019
Closed on
Jun 27, 2019
Sold by
Johnston Douglas M and Douglas M Johnston Jr Living T
Bought by
Reed Amy S and Reed Matthew M
Seller's Agent
Christopher Stumbroski
EXP Realty, LLC
Buyer's Agent
Matthew Reed
Reed Real Estate
List Price
$739,000
Sold Price
$775,000
Premium/Discount to List
$36,000
4.87%
Current Estimated Value
$1,824,060

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,049,060
Avg. Annual Appreciation
14.22%
Original Mortgage
$620,000
Outstanding Balance
$542,390
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,281,670

Purchase Details

Closed on
Sep 14, 2004
Sold by
Johnston Douglas W
Bought by
Johnston Douglas W

Purchase Details

Closed on
Nov 10, 1986
Sold by
Hallam Yates F
Bought by
Johnston Douglas W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
9.83%
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

Date Buyer Sale Price Title Company
Reed Amy S $775,000 Eagle Title Llc
Johnston Douglas W -- --
Johnston Douglas W $230,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reed Amy S $620,000
Previous Owner Johnston Douglas W $184,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/27/2019 06/27/19 Sold $775,000 0.0% $326 / Sq Ft
04/16/2019 04/16/19 Pending -- -- --
04/15/2019 04/15/19 Off Market $775,000 -- --
04/11/2019 04/11/19 For Sale $739,000 -- $311 / 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 $7,541 $618,500 -- --
2024 $7,541 $591,900 $375,000 $216,900
2023 $6,220 $569,567 $0 $0
2022 $6,582 $547,233 $0 $0
2021 $12,377 $524,900 $375,000 $149,900
2020 $6,129 $524,900 $375,000 $149,900
2019 $6,123 $524,900 $375,000 $149,900
2018 $5,868 $578,700 $423,700 $155,000
2017 $5,660 $533,800 $0 $0
2016 -- $488,900 $0 $0
2015 -- $444,000 $0 $0
2014 -- $444,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA394008

Bright MLS

APN: 03-656-08864200