NOT LISTED FOR SALE

261 Lower Magothy Beach Rd Severna Park, MD 21146

Estimated Value: $691,000 - $807,000

4 Beds
2.5 Baths
1,979 Sq Ft
$377/Sq Ft Est. Value

Last Sold October 28, 2016

Last sale price $450,000 $227 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $4,558/month

Highlights

  • Boat Ramp
  • 2 Dock Slips
  • Home fronts navigable water
  • Folger McKinsey Elementary at Chesapeake Bay Middle School Rated A-
  • Boat or Launch Ramp
  • Canoe or Kayak Water Access

About This Home

As of October 2016

Inviting curb appeal invites you inside this beautiful colonial located in highly sought after community of Stewart's Landing. New SS appliances, fresh paint, new carpet on main level are included. Enjoy in ground pool and woodsy fenced backyard w/ huge deck/patio! Large unfinished lower level for future renovation. Water privileged w/ private marina, boat ramp,BB Courts,& Playground.

Last Agent to Sell the Property

June Steinweg

Long & Foster Real Estate, Inc. Listed on: 08/17/2016

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Mark A. Ritter

Northrop Realty License #651283

Northrop Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,273

Year Built

  • Built in 1987

Lot Details

  • 7,838 Sq Ft Lot
  • Home fronts navigable water
  • Back Yard Fenced
  • Landscaped
  • Partially Wooded Lot
  • Backs to Trees or Woods
  • Property is in very good condition
  • Property is zoned R5

HOA Fees

  • $18 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Off-Street Parking

Property Views

  • Woods
  • Garden

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,979 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Crown Molding
  • Ceiling Fan
  • 1 Fireplace
  • ENERGY STAR Qualified Windows
  • Window Treatments
  • Six Panel Doors
  • Family Room
  • Living Room
  • Dining Room
  • Unfinished Basement
  • Sump Pump

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2.5 Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Canoe or Kayak Water Access
  • River Nearby
  • Boat or Launch Ramp
  • Boat Ramp
  • 2 Dock Slips
  • Stream or River on Lot
  • 3 Powered Boats Permitted
  • 6 Non-Powered Boats Permitted
  • Lake Privileges
  • Deck

Schools

  • Folger Mckinsey Elementary School
  • Severna Park Middle School
  • Severna Park High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 251
  • Assessor Parcel Number 020376690032561

Community Details

Overview

  • Stewarts Landing Subdivision, Farragut Floorplan

Amenities

  • Picnic Area

Recreation

  • Boat Ramp
  • Community Basketball Court
  • Community Playground
  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,273

Year Built

Built in 1987

Lot Details

0

HOA Fees

$18 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1987
  • Remarks Public: Inviting curb appeal invites you inside this beautiful colonial located in highly sought after community of Stewart's Landing. New SS appliances, fresh paint, new carpet on main level are included. Enjoy in ground pool and woodsy fenced backyard w/ huge deck/patio! Large unfinished lower level for future renovation. Water privileged w/ private marina, boat ramp,BB Courts,& Playground.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Oven/Range - Electric, Refrigerator, Washer
  • Interior Amenities: Dining Area, Kitchen - Table Space, Crown Moldings, Window Treatments, Primary Bath(s), Floor Plan - Open, Floor Plan - Traditional
  • Window Features: Energy Star Qualified
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Six Panel
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Basement
  • Basement: Yes
  • Basement Type: Sump Pump, Unfinished
  • Living Area Units: Square Feet
  • Total Sq Ft: 1979
  • Living Area Sq Ft: 1979
  • Price Per Sq Ft: 227.39
  • Above Grade Finished Sq Ft: 1979
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 261

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Dock Type: Ramp
  • Pool Features: In Ground
  • Pool Private: No
  • Roof: Asphalt
  • View: Garden/Lawn, Trees/Woods
  • View: Yes
  • Water Access Features: Canoe/Kayak, Fishing Allowed, Boat - Powered
  • Water Access: Yes
  • Water Body Name: OLD MAN CREEK/MAGOTHY RIVER
  • Water Body Type: River
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Personal, No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Garage
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street, Attached Garage

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • 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: Basketball Courts, Boat Ramp, Picnic Area, Tot Lots/Playground, Water/Lake Privileges
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
  • Elementary School: FOLGER MCKINSEY
  • Middle School: SEVERNA PARK
  • High School: SEVERNA PARK
  • School District Key: 121140671932
  • Elementary School: FOLGER MCKINSEY
  • High School: SEVERNA PARK
  • Middle Or Junior School: SEVERNA PARK

Lot Info

  • Fencing: Rear
  • Improvement Assessed Value: 216900.00
  • Land Assessed Value: 188600.00
  • Lot Features: Landscaping, Backs To Trees, Partly Wooded, Trees/Wooded
  • Lot Size Acres: 0.18
  • Lot Size Area: 7838
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7838.00
  • Outdoor Living Structures: Deck(s)
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Year Assessed: 2016
  • Zoning: R5

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15254868
  • Tax Annual Amount: 4273.44
  • Assessor Parcel Number: 020376690032561
  • Tax Lot: 251
  • Tax Total Finished Sq Ft: 1979
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015
  • Close Date: 10/28/2016

Multi Family

  • Dock Slip Conveyance: None Available
  • Mean Low Water Feet: 4
  • Waterfront Features: 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
Aug 17, 2016
Closed on
Oct 28, 2016
Sold by
Mcdougall Timothy J and Mcdougall Anne Marie
Bought by
Morrissey Joseph T
Seller's Agent
June Steinweg
Long & Foster Real Estate, Inc.
Buyer's Agent
Mark A. Ritter
Northrop Realty
List Price
$450,000
Sold Price
$450,000
Current Estimated Value
$746,933

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$296,933
Avg. Annual Appreciation
5.54%
Original Mortgage
$459,675
Interest Rate
3.42%
Mortgage Type
VA

Purchase Details

Closed on
Oct 21, 2004
Sold by
Hendricks William A
Bought by
Russo Michele

Purchase Details

Closed on
Sep 24, 2004
Sold by
Hendricks William A
Bought by
Russo Michele

Purchase Details

Closed on
Oct 22, 2001
Sold by
Short Robert L
Bought by
Hendricks William A

Purchase Details

Closed on
May 3, 1994
Sold by
Sobel Ronald L
Bought by
Short Robert L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,600
Interest Rate
7.7%
Source: Public Records

Range of Values:

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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
Morrissey Joseph T $450,000 None Available
Russo Michele $464,900 --
Russo Michele $464,900 --
Hendricks William A $284,000 --
Short Robert L $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morrissey Joseph T $436,000
Closed Morrissey Joseph T $459,675
Previous Owner Mcdougall Timothy J $388,000
Previous Owner Russo Michele R $250,001
Previous Owner Short Robert L $183,600
Closed Russo Michele --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2016 10/28/16 Sold $450,000 0.0% $227 / Sq Ft
09/19/2016 09/19/16 Pending -- -- --
08/18/2016 08/18/16 For Sale $450,000 0.0% $227 / Sq Ft
08/17/2016 08/17/16 Off Market $450,000 -- --
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 $6,018 $535,300 -- --
2024 $6,018 $503,700 $236,500 $267,200
2023 $5,767 $484,700 $0 $0
2022 $5,297 $465,700 $0 $0
2021 $10,197 $446,700 $226,500 $220,200
2020 $4,916 $432,967 $0 $0
2019 $4,777 $419,233 $0 $0
2018 $4,112 $405,500 $188,600 $216,900
2017 $4,442 $398,367 $0 $0
2016 -- $391,233 $0 $0
2015 -- $384,100 $0 $0
2014 -- $384,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • June Steinweg

    Seller's Agent in 2016

    June Steinweg

    Long & Foster

    (410) 353-4157

    1 in this area

    149 Total Sales

    June Steinweg
    Section Image
  • Mark A. Ritter

    Buyer's Agent in 2016

    Mark A. Ritter

    Creig Northrop Team of Long & Foster

    (443) 487-3073

    299 Total Sales

    Mark A. Ritter
    Section Image
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Map

Source: Bright MLS

MLS Number: 1001306435

Bright MLS

APN: 03-766-90032561

Maryland Anne Arundel County Severna Park 21146

261 Lower Magothy Beach Rd, Severna Park, MD

This home is located at 261 Lower Magothy Beach Rd, Severna Park, MD 21146 since 17 August 2016 and is currently estimated at $746,933, approximately $377 per square foot. This property was built in 1987. 261 Lower Magothy Beach Rd is a home located in Anne Arundel County with nearby schools including Folger McKinsey Elementary at Chesapeake Bay Middle School, Severna Park Middle School, and Severna Park High School.

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