274 Lower Magothy Beach Rd Severna Park, MD 21146
Estimated Value: $686,000 - $790,000
--
Bed
3
Baths
2,208
Sq Ft
$324/Sq Ft
Est. Value
About This Home
This home is located at 274 Lower Magothy Beach Rd, Severna Park, MD 21146 and is currently estimated at $715,929, approximately $324 per square foot. 274 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.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 3, 2006
Sold by
Mayes William E
Bought by
Mulvey Michael A and Mulvey Janet
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$391,920
Outstanding Balance
$223,276
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$492,653
Purchase Details
Closed on
May 20, 2003
Sold by
Mayes William E
Bought by
Mayes William E and Mayes Brenda J
Purchase Details
Closed on
Jun 4, 1987
Sold by
Mayes William E
Bought by
Mayes William E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000
Interest Rate
10.7%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mulvey Michael A | $489,900 | -- | |
| Mayes William E | -- | -- | |
| Mayes William E | $5,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mulvey Michael A | $391,920 | |
| Closed | Mulvey Michael A | $73,485 | |
| Previous Owner | Mayes William E | $5,000 |
Source: Public Records
Tax History Compared to Growth
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 | $5,688 | $524,133 | -- | -- |
| 2024 | $5,688 | $493,700 | $238,200 | $255,500 |
| 2023 | $5,542 | $482,600 | $0 | $0 |
| 2022 | $5,185 | $471,500 | $0 | $0 |
| 2021 | $10,179 | $460,400 | $228,200 | $232,200 |
| 2020 | $4,954 | $446,433 | $0 | $0 |
| 2019 | $4,863 | $432,467 | $0 | $0 |
| 2018 | $4,244 | $418,500 | $189,900 | $228,600 |
| 2017 | $4,583 | $412,133 | $0 | $0 |
| 2016 | -- | $405,767 | $0 | $0 |
| 2015 | -- | $399,400 | $0 | $0 |
| 2014 | -- | $399,400 | $0 | $0 |
Source: Public Records
Map
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