NOT LISTED FOR SALE

251 Lower Magothy Beach Rd Severna Park, MD 21146

Estimated Value: $622,588 - $743,000

3 Beds
2.5 Baths
1,728 Sq Ft
$393/Sq Ft Est. Value

Last Sold June 24, 2014

Last sale price $415,000 $240 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $4,028/month

Highlights

  • Boat Ramp
  • 5 Dock Slips
  • Boat or Launch Ramp
  • Folger McKinsey Elementary at Chesapeake Bay Middle School Rated A-
  • Pier
  • Home fronts navigable water

About This Home

As of June 2014

Renovations Finally Completed and Back On The Market !!! * Interior freshly painted and all new flooring throughout * Be the 1st to see the new interior!! * Like New 3 level Colonial in (STEWARTS LANDING) *Furnace replaced 2009 w/ 10 yr warranty * Dry Unfinished Basement * Anderson Windows (lifetime warranty) * Rain Garden * Professionally Landscaped * Water Access Community *

Last Agent to Sell the Property

Buddy Williamson

(240) 687-7093 buddy@buddywilliamson.com Maryland Real Estate License #82013 Listed on: 09/20/2013

Last Buyer's Agent

Catherine Ebersberger

catherine@ebersberger.us.com Taylor Properties

Taylor Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,187

Year Built

  • Built in 1985

Lot Details

  • 0.29 Acre Lot
  • Home fronts navigable water
  • Property has an invisible fence for dogs
  • The property's topography is level
  • Partially Wooded Lot
  • Property is in very good condition
  • Property is zoned R5

HOA Fees

  • $18 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Fiberglass Roof
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Window Treatments
  • Dining Area
  • Country Kitchen
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom
  • 2.5 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Connecting Stairway

Outdoor Features

  • Pier
  • Canoe or Kayak Water Access
  • Public Water Access
  • River Nearby
  • Personal Watercraft
  • Boat or Launch Ramp
  • Boat Ramp
  • 5 Dock Slips
  • Private Dock Site
  • Stream or River on Lot
  • Shared Waterfront
  • Waterfront Park
  • Deck
  • Porch

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Electric Water Heater
  • Fiber Optics Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 256
  • Assessor Parcel Number 020376690032566

Community Details

Recreation

  • Boat Ramp
  • Pier or Dock
  • Community Basketball Court
  • Community Playground
  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,187

Year Built

Built in 1985

Lot Details

0

HOA Fees

$18 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Home Warranty: Yes
  • 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: 1985
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only
  • Interior Amenities: Dining Area, Kitchen - Country, Master Bath(s), Window Treatments, Floor Plan - Open
  • Fireplace: No
  • Entry Location: Center Hall
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Connecting Stairway, Full, Unfinished
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Construction Materials: Vinyl Siding
  • Dock Type: Pier (Perpendicular)
  • Construction Completed: No
  • Exterior Features: Sidewalks
  • Roof: Fiberglass
  • Water Access Features: Fishing Allowed, Personal Watercraft (PWC), Public Access, Boat - Powered, Canoe/Kayak
  • Water Access: Yes
  • Water Body Name: MAGOTHY RIVER
  • Water Body Type: River
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Garage
  • Garage Features: Garage Door Opener, Garage - Front Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street, Attached Garage

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Fiber Optics Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 215.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Boat Ramp, Pier/Dock, Tot Lots/Playground, Basketball Courts
  • HOA: Yes

Lot Info

  • Fencing: Invisible
  • Improvement Assessed Value: 205700.00
  • Land Assessed Value: 155400.00
  • Lot Features: Partly Wooded
  • Lot Size Acres: 0.29
  • Lot Size Area: 12800
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12800.00
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Property Condition: Very Good
  • Topography: Level
  • Zoning: R5

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15254873
  • Tax Annual Amount: 4186.73
  • Assessor Parcel Number: 020376690032566
  • Tax Lot: 256
  • County Tax Payment Frequency: Annually
  • Tax Year: 2012

Multi Family

  • Dock Slip Conveyance: None Available
  • Waterfront Features: Boat/Launch Ramp, Park, Private Dock Site, Shared

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2013
Closed on
Jun 24, 2014
Sold by
Obendorter Jim
Bought by
Smith Kirk C and Smith Amanda K
Seller's Agent
Buddy Williamson
Maryland Real Estate
Buyer's Agent
Catherine Ebersberger
Taylor Properties
List Price
$424,900
Sold Price
$415,000
Premium/Discount to List
-$9,900
-2.33%
Current Estimated Value
$678,647

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$263,647
Avg. Annual Appreciation
4.43%
Original Mortgage
$332,000
Outstanding Balance
$251,764
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$426,883

Purchase Details

Closed on
Feb 21, 2014
Sold by
Young Allan C and Young Kathryn C
Bought by
Obendorfer Jim

Purchase Details

Closed on
Apr 1, 1985
Bought by
Young Allan C and Young Kathryn C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
13.29%
Source: Public Records

Range of Values:

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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
Smith Kirk C $415,000 American Home Title Group In
Obendorfer Jim $337,500 Brennan Title Company
Young Allan C $115,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Kirk C $332,000
Previous Owner Young Allan C $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/24/2014 06/24/14 Sold $415,000 -2.3% $240 / Sq Ft
05/28/2014 05/28/14 Pending -- -- --
05/22/2014 05/22/14 For Sale $424,900 +2.4% $246 / Sq Ft
05/08/2014 05/08/14 Off Market $415,000 -- --
01/30/2014 01/30/14 Price Changed $424,900 +6.2% $246 / Sq Ft
01/18/2014 01/18/14 Price Changed $399,950 -11.1% $231 / Sq Ft
01/15/2014 01/15/14 Price Changed $449,900 +12.8% $260 / Sq Ft
01/05/2014 01/05/14 Price Changed $398,900 -11.3% $231 / Sq Ft
12/30/2013 12/30/13 Price Changed $449,500 0.0% $260 / Sq Ft
12/30/2013 12/30/13 For Sale $449,500 +8.3% $260 / Sq Ft
12/30/2013 12/30/13 Off Market $415,000 -- --
11/08/2013 11/08/13 Price Changed $424,500 -5.6% $246 / Sq Ft
10/11/2013 10/11/13 Price Changed $449,500 -3.3% $260 / Sq Ft
09/20/2013 09/20/13 For Sale $465,000 -- $269 / 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 $5,277 $502,133 -- --
2024 $5,277 $475,500 $251,400 $224,100
2023 $5,141 $465,300 $0 $0
2022 $4,810 $455,100 $0 $0
2021 $9,445 $444,900 $241,400 $203,500
2020 $4,592 $429,900 $0 $0
2019 $4,507 $414,900 $0 $0
2018 $4,055 $399,900 $199,800 $200,100
2017 $4,224 $386,967 $0 $0
2016 -- $374,033 $0 $0
2015 -- $361,100 $0 $0
2014 -- $361,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Buddy Williamson

    Seller's Agent in 2014

    Buddy Williamson

    Maryland Real Estate

    (240) 687-7093

    5 Total Sales

    Buddy Williamson
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Map

Source: Bright MLS

MLS Number: 1003724856

Bright MLS

APN: 03-766-90032566

Maryland Anne Arundel County Severna Park 21146

251 Lower Magothy Beach Rd, Severna Park, MD

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