NOT LISTED FOR SALE

1942 Severn Grove Rd Annapolis, MD 21401

Parole Neighborhood

Estimated Value: $462,000 - $539,000

2 Beds
2 Baths
1,279 Sq Ft
$389/Sq Ft Est. Value

Last Sold March 19, 2013

Last sale price $260,000 $203 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $2,906/month

Highlights

  • 1 Boat Dock
  • Water Access
  • Private Lot
  • Home fronts navigable water
  • 1.26 Acre Lot
  • Partially Wooded Lot

About This Home

As of March 2013

Water Privileged 1.26 Acres in the heart of Annapolis. Great opportunity to build your dream home just minutes from downtown, RT 50, Westfield Annapolis Mall, the Severn River, Parole Town Center, etc. Property is surrounded by acres of protected land, so you can live close to everything but feel like you're in the middle of nowhere. Public water available at street. Sold AS IS.

Last Agent to Sell the Property

Travis Gray

(301) 641-0809 travis.gray@evrealestate.com Engel & Völkers Annapolis License #636268 Listed on: 02/02/2013

Engel & Völkers Annapolis

Last Buyer's Agent

Daniela Basciano

(571) 435-4723 daniela.basciano@lnf.com Long & Foster Real Estate, Inc. License #MRIS:3031535

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,080

Year Built

  • Built in 1955

Lot Details

  • 1.26 Acre Lot
  • Home fronts navigable water
  • Private Lot
  • Partially Wooded Lot
  • Property is zoned R1

Home Design

  • Rambler Architecture
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • Property has 1 Level
  • Combination Kitchen and Living

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • Parking Space Number Location: 5
  • Driveway
  • On-Site Parking for Sale

Outdoor Features

  • Water Access
  • 1 Boat Dock

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Severn Forest Subdivision

Listing and Financial Details

  • Assessor Parcel Number 020200002455615

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,080

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1955
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Combination Kitchen/Living
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Construction Materials: Aluminum Siding
  • Dock Type: Multiple Slip
  • Construction Completed: No
  • Roof: Asphalt
  • Water Access: Yes
  • Water Body Name: SALTWORKS CREEK
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: On-Site - Sale, Paved Driveway
  • Parking Space Number Assigned: 5
  • Type Of Parking: Driveway

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 106600.00
  • Land Assessed Value: 157600.00
  • Lot Features: Partly Wooded, Private
  • Lot Size Acres: 1.26
  • Lot Size Area: 54886
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 54886.00
  • Zoning: R1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15165868
  • Tax Annual Amount: 3080.03
  • Assessor Parcel Number: 020200002455615
  • County Tax Payment Frequency: Annually
  • Tax Year: 2012

Multi Family

  • Dock Slip Conveyance: None Available

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2013
Closed on
Mar 19, 2013
Sold by
Arundel Excavation & Landscaping Inc
Bought by
Brandy Matthew R and Cangemi Agata
Seller's Agent
Travis Gray
Engel & Völkers Annapolis
Buyer's Agent
Daniela Basciano
Long & Foster Real Estate, Inc.
List Price
$275,000
Sold Price
$260,000
Premium/Discount to List
-$15,000
-5.45%
Current Estimated Value
$497,387

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$237,387
Avg. Annual Appreciation
5.27%
Original Mortgage
$195,000
Outstanding Balance
$137,855
Interest Rate
3.58%
Mortgage Type
New Conventional
Estimated Equity
$359,532

Purchase Details

Closed on
Jan 27, 2003
Sold by
Smith Matthew V
Bought by
Arundel Excav & Landscaping Inc

Purchase Details

Closed on
Sep 23, 1998
Sold by
Glennon Madeleine C
Bought by
Smith Matthew V and Whaley Blair H
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
Brandy Matthew R $260,000 Rgs Title Llc
Arundel Excav & Landscaping Inc $185,000 --
Smith Matthew V $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brandy Matthew R $195,000
Closed Smith Matthew V --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/19/2013 03/19/13 Sold $260,000 -5.5% $203 / Sq Ft
02/12/2013 02/12/13 Pending -- -- --
02/03/2013 02/03/13 For Sale $275,000 +5.8% $215 / Sq Ft
02/02/2013 02/02/13 Off Market $260,000 -- --
02/02/2013 02/02/13 For Sale $275,000 -- $215 / 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 $3,631 $404,100 $307,600 $96,500
2024 $3,631 $362,967 $0 $0
2023 $2,973 $321,833 $0 $0
2022 $3,257 $280,700 $217,600 $63,100
2021 $3,097 $269,700 $0 $0
2020 $3,097 $258,700 $0 $0
2019 $3,041 $247,700 $177,600 $70,100
2018 $2,512 $247,700 $177,600 $70,100
2017 $2,967 $247,700 $0 $0
2016 -- $258,300 $0 $0
2015 -- $258,300 $0 $0
2014 -- $258,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003333602

Bright MLS

APN: 02-000-02455615