280 Lower Magothy Beach Rd Severna Park, MD 21146
Estimated Value: $614,000 - $703,000
--
Bed
3
Baths
1,604
Sq Ft
$401/Sq Ft
Est. Value
About This Home
This home is located at 280 Lower Magothy Beach Rd, Severna Park, MD 21146 and is currently estimated at $642,593, approximately $400 per square foot. 280 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
Aug 30, 2006
Sold by
Overstreet Michael B
Bought by
Cress Douglas G and Cress Joanna K
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
$210,000
Outstanding Balance
$126,936
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$515,657
Purchase Details
Closed on
Aug 23, 2006
Sold by
Overstreet Michael B
Bought by
Cress Douglas G and Cress Joanna K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Outstanding Balance
$126,936
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$515,657
Purchase Details
Closed on
Sep 29, 1997
Sold by
Associates Relocation Management
Bought by
Overstreet Michael B and Overstreet Anne C
Purchase Details
Closed on
Sep 3, 1997
Sold by
Dolan Neil J
Bought by
Associates Relocation Management
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cress Douglas G | $420,000 | -- | |
| Cress Douglas G | $420,000 | -- | |
| Overstreet Michael B | $184,500 | -- | |
| Associates Relocation Management | $185,950 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cress Douglas G | $210,000 | |
| Closed | Cress Douglas G | $210,000 | |
| Closed | Overstreet Michael B | -- |
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 | $5,333 | $491,200 | -- | -- |
| 2024 | $5,333 | $464,300 | $238,200 | $226,100 |
| 2023 | $4,722 | $454,100 | $0 | $0 |
| 2022 | $4,860 | $443,900 | $0 | $0 |
| 2021 | $9,543 | $433,700 | $228,200 | $205,500 |
| 2020 | $4,640 | $418,933 | $0 | $0 |
| 2019 | $4,554 | $404,167 | $0 | $0 |
| 2018 | $3,949 | $389,400 | $189,900 | $199,500 |
| 2017 | $4,276 | $382,033 | $0 | $0 |
| 2016 | -- | $374,667 | $0 | $0 |
| 2015 | -- | $367,300 | $0 | $0 |
| 2014 | -- | $367,300 | $0 | $0 |
Source: Public Records
Map
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