NOT LISTED FOR SALE

1978 Arwell Ct Severn, MD 21144

Estimated Value: $175,000 - $214,000

3 Beds
1 Bath
1,068 Sq Ft
$186/Sq Ft Est. Value

Last Sold December 04, 2020

Last sale price $104,940 $98 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $1,388/month

22 Days on Market

Highlights

  • Traditional Architecture
  • Brick Front
  • Forced Air Heating and Cooling System

About This Home

As of December 2020

List price is opening bid. Online Auction Only! Bidding begins Wednesday, October 21st & ends Monday, October 26, 2020 at 12:30pm. Single Family Townhouse Condo In "Severn" Anne Arundel County with 3 bedrooms and 1 bath. Located in the Warfield Condominium community. Property is being sold vacant. Ideal for rental or home owner. Main level has living room, eat-in kitchen, and laundry area. Upper level has 3 bedrooms and 1 bath. Features include: 1068+/- above grade finished area, Parking space, Tile floors, Central a/c, Fenced-in backyard, Washer & dryer, Electric Forced hot air and hot water heater.

Last Agent to Sell the Property

Larry Cooper

(410) 977-4708 Larry@alexcooper.com Alex Cooper Auctioneers, Inc. Listed on: 10/04/2020

Last Buyer's Agent

LAKUNLE LASEBIKAN

(301) 385-8247 realty@gdleeds.com HomeSmart

HomeSmart

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,078

Year Built

  • Built in 1977

Lot Details

  • 131

HOA Fees

  • $189 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Traditional Architecture
  • Brick Front

Interior Spaces

  • 1,068 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • Warfield Community
  • Severn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 020491290009779

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,078

Year Built

Built in 1977

Lot Details

0

HOA Fees

$189 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1977
  • Automatically Close On Close Date: No
  • Special Features: Auction
  • Property Sub Type: Townhouses

Interior Features

  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1068
  • Living Area Sq Ft: 1068
  • Price Per Sq Ft: 37.45
  • Above Grade Finished Sq Ft: 1068
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick Front
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

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: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 188.60
  • Condo Co-Op Fee Frequency: Monthly
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 82000.00
  • Land Assessed Value: 15000.00
  • Zoning: R15
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15289366
  • Tax Annual Amount: 1078.00
  • Assessor Parcel Number: 020491290009779
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 14, 2025
Sold by
Majekodunmi Kunmi O and Adetunji Adetola A
Bought by
Rokat Llc
Current Estimated Value
$198,927

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$754,180
Outstanding Balance
$748,339
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
-$549,412

Purchase Details

Closed on
Aug 31, 2021
Sold by
Crain & Bladen Investments Llc
Bought by
Majekodunmi Kunmi O and Adetunji Adetola A

Purchase Details

Listed on
Oct 4, 2020
Closed on
Dec 4, 2020
Sold by
Residential Value Llc
Bought by
Crain & Bladen Investments Llc
Seller's Agent
Larry Cooper
Alex Cooper Auctioneers, Inc.
Buyer's Agent
LAKUNLE LASEBIKAN
HomeSmart
List Price
$40,000
Sold Price
$104,940
Premium/Discount to List
$64,940
162.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.65%

Purchase Details

Closed on
Aug 29, 2017
Sold by
Miles Gerard F
Bought by
Residential Value Llc

Purchase Details

Closed on
Feb 23, 2010
Sold by
Ferguson Joseph
Bought by
Deutsche Bank

Purchase Details

Closed on
Sep 7, 2006
Sold by
Phelps Charles F
Bought by
Ferguson Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 28, 2006
Sold by
Phelps Charles F
Bought by
Ferguson Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
6.79%
Mortgage Type
Purchase Money 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
Rokat Llc -- Capitol Title
Rokat Llc -- Capitol Title
Majekodunmi Kunmi O -- Accommodation
Crain & Bladen Investments Llc $104,940 Mid Maryland Title Co Inc
Residential Value Llc $40,000 None Available
Deutsche Bank $49,000 --
Ferguson Joseph $125,000 --
Ferguson Joseph $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rokat Llc $754,180
Closed Rokat Llc $754,180
Previous Owner Ferguson Joseph $25,000
Previous Owner Ferguson Joseph $100,000
Previous Owner Ferguson Joseph $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/04/2020 12/04/20 Sold $104,940 +162.4% $98 / Sq Ft
10/26/2020 10/26/20 Pending -- -- --
10/04/2020 10/04/20 For Sale $40,000 -- $37 / 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 $1,813 $143,500 $45,000 $98,500
2024 $1,813 $128,000 $0 $0
2023 $1,615 $112,500 $0 $0
2022 $1,361 $97,000 $15,000 $82,000
2021 $1,294 $89,500 $0 $0
2020 $1,174 $82,000 $0 $0
2019 $1,096 $74,500 $15,000 $59,500
2018 $755 $74,500 $15,000 $59,500
2017 $1,109 $74,500 $0 $0
2016 -- $75,700 $0 $0
2015 -- $64,600 $0 $0
2014 -- $53,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA448852

Bright MLS

APN: 04-912-90009779