NOT LISTED FOR SALE

273 Lower Magothy Beach Rd Severna Park, MD 21146

Estimated Value: $752,591 - $833,000

4 Beds
2.5 Baths
2,566 Sq Ft
$305/Sq Ft Est. Value

Last Sold October 02, 2019

Last sale price $525,000 $205 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $4,600/month

85 Days on Market

Highlights

  • Boat Ramp
  • Home fronts navigable water
  • Fishing Allowed
  • Folger McKinsey Elementary at Chesapeake Bay Middle School Rated A-
  • Canoe or Kayak Water Access
  • Lake Privileges

About This Home

As of October 2019

Beautiful Colonial in water privileged community of Stewarts Landing !Large fenced corner lot ! Open floor plan with updated kitchen complete with breakfast bar over looking the family room with new wood flooring , formal living room and separate dining room , upper level features 4 spacious bedrooms , master bedroom with dressing area and full bath, lower level with full rec room! Awesome fenced back yard and large deck for enjoyable summer fun! Short walk to the community marina with boat ramp/slip , kayak/canoe storage , tot lot and play area! This is truly a must see home!!

Last Agent to Sell the Property

Catherine Watson - Bye

(410) 375-8070 Cathie@executiveagent.net RE/MAX Executive Listed on: 06/12/2019

Last Buyer's Agent

Charlotte Savoy

(443) 858-2723 charlotte@thesavoyteam.com The KW Collective

The KW Collective

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,476

Year Built

  • Built in 1984

Lot Details

  • 9,463 Sq Ft Lot
  • Home fronts navigable water
  • Creek or Stream
  • Property is in very good condition
  • Property is zoned R5

HOA Fees

  • $22 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 4 Open Parking Spaces
  • Oversized Parking
  • Front Facing Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Aluminum Siding

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Ceiling Fan
  • Heatilator
  • Fireplace Mantel
  • Family Room Off Kitchen
  • Living Room
  • Formal Dining Room
  • Storage Room
  • Improved Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Stove
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Canoe or Kayak Water Access
  • Private Water Access
  • Swimming Allowed
  • Powered Boats Permitted
  • Lake Privileges
  • Deck

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 245
  • Assessor Parcel Number 020376690032555

Community Details

Overview

  • Association fees include common area maintenance
  • Stewarts Landing HOA
  • Stewarts Landing Subdivision

Amenities

  • Common Area

Recreation

  • Boat Ramp
  • Boat Dock
  • Pier or Dock
  • Mooring Area
  • Community Playground
  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,476

Year Built

Built in 1984

Lot Details

0

HOA Fees

$22 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2019-06-13
  • Federal Flood Zone: No
  • Year Built: 1984
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Exhaust Fan, Icemaker, Refrigerator, Stove, Washer
  • Flooring Type: Hardwood, Carpet
  • Interior Amenities: Family Room Off Kitchen, Floor Plan - Traditional, Formal/Separate Dining Room, Wood Floors
  • Fireplace Features: Heatilator, Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Kitchen, Family Room, Storage Room, Half Bath
  • Basement: Yes
  • Basement Type: Full, Improved
  • Laundry Type: Main Floor
  • Total Sq Ft: 2566
  • Living Area Sq Ft: 2566
  • Price Per Sq Ft: 260.42
  • Above Grade Finished Sq Ft: 2016
  • Below Grade Finished Sq Ft: 550
  • Total Below Grade Sq Ft: 550
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding
  • Exterior Features: Sidewalks, Street Lights
  • Water Access Features: Canoe/Kayak, Boat - Powered, Fishing Allowed, Private Access, Swimming Allowed
  • Water Access: Yes
  • Water Body Name: Old Man Creek
  • Water Body Type: Creek/Stream
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Open Parking Spaces Count: 4
  • Garage Features: Garage - Front Entry, Inside Access, Oversized
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 260.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Boat Dock/Slip, Boat Ramp, Common Grounds, Mooring Area, Pier/Dock, Tot Lots/Playground, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance
  • HOA Name: STEWARTS LANDING
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: FOLGER MCKINSEY
  • High School: SEVERNA PARK
  • Middle Or Junior School: SEVERNA PARK

Lot Info

  • Lot Size Acres: 0.22
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9463.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Very Good
  • Zoning: R5
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4476.00
  • Assessor Parcel Number: 020376690032555
  • Tax Lot: 245
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2019
Closed on
Oct 2, 2019
Sold by
Demaline Benjamin T and Demaline Laura E
Bought by
Kurzmiller Michael J and Kurzmiller Dione
Seller's Agent
Catherine Watson - Bye
RE/MAX Executive
Buyer's Agent
Charlotte Savoy
The KW Collective
List Price
$525,000
Sold Price
$525,000
Current Estimated Value
$781,398

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$256,398
Avg. Annual Appreciation
6.76%
Original Mortgage
$409,500
Outstanding Balance
$358,743
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$422,655

Purchase Details

Listed on
Feb 27, 2016
Closed on
May 12, 2016
Sold by
Zimmerman Eric D and Zimmerman Carol Ann
Bought by
Demaline Benjamin T and Demaline Laura E
Seller's Agent
June Steinweg
Long & Foster Real Estate, Inc.
Buyer's Agent
Catherine Watson - Bye
RE/MAX Executive
List Price
$500,000
Sold Price
$500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.45%
Original Mortgage
$490,943
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 27, 2010
Sold by
Gholson Kristopher K
Bought by
Zimmerman Eric D and Zimmerman Carol A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$499,850
Interest Rate
4.57%
Mortgage Type
VA

Purchase Details

Closed on
Apr 10, 2006
Sold by
Faucheux Jeffrey P
Bought by
Gholson Kristopher K and Gholson Kerry M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$406,800
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 29, 2006
Sold by
Faucheux Jeffrey P
Bought by
Gholson Kristopher K and Gholson Kerry M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$406,800
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 17, 1998
Sold by
Tudor Glenn W
Bought by
Faucheux Jeffrey P and Faucheux Ann G
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
Kurzmiller Michael J $525,000 Universal Title
Demaline Benjamin T $500,000 United Title & Escrow Inc
Zimmerman Eric D $488,000 --
Gholson Kristopher K $565,000 --
Gholson Kristopher K $565,000 --
Faucheux Jeffrey P $230,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kurzmiller Michael J $409,500
Previous Owner Demaline Benjamin T $490,943
Previous Owner Zimmerman Eric D $499,850
Previous Owner Gholson Kristopher K $406,800
Previous Owner Gholson Kristopher K $406,800
Closed Faucheux Jeffrey P --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/02/2019 10/02/19 Sold $525,000 0.0% $205 / Sq Ft
09/05/2019 09/05/19 Pending -- -- --
09/03/2019 09/03/19 For Sale $525,000 0.0% $205 / Sq Ft
08/09/2019 08/09/19 Pending -- -- --
07/31/2019 07/31/19 For Sale $525,000 0.0% $205 / Sq Ft
06/28/2019 06/28/19 Pending -- -- --
06/25/2019 06/25/19 Price Changed $525,000 -0.9% $205 / Sq Ft
06/20/2019 06/20/19 Price Changed $529,900 -1.9% $207 / Sq Ft
06/12/2019 06/12/19 For Sale $539,900 +8.0% $210 / Sq Ft
05/12/2016 05/12/16 Sold $500,000 0.0% $248 / Sq Ft View Prior Sale
03/12/2016 03/12/16 Pending -- -- --
02/28/2016 02/28/16 For Sale $500,000 0.0% $248 / Sq Ft
02/27/2016 02/27/16 Off Market $500,000 -- --
02/27/2016 02/27/16 For Sale $500,000 -- $248 / 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 $5,759 $562,600 -- --
2024 $5,759 $528,200 $241,300 $286,900
2023 $5,597 $503,000 $0 $0
2022 $5,221 $477,800 $0 $0
2021 $10,219 $452,600 $231,300 $221,300
2020 $4,973 $438,433 $0 $0
2019 $4,774 $424,267 $0 $0
2018 $4,158 $410,100 $192,200 $217,900
2017 $4,453 $403,200 $0 $0
2016 -- $396,300 $0 $0
2015 -- $389,400 $0 $0
2014 -- $387,267 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA403044

Bright MLS

APN: 03-766-90032555