Estimated Value: $501,000 - $610,643
5
Beds
3
Baths
2,536
Sq Ft
$210/Sq Ft
Est. Value
Highlights
- Above Ground Pool
- Deck
- Porch
- Central Middle School Rated A-
- No HOA
- Patio
About This Home
As of April 2024Nestled in the coveted Riva Farms community, this split foyer exudes potential and promises endless opportunities to create your dream living space! Boasting a prime location that feeds into the Central and South River school feeder system while being less than 2 miles from everything Annapolis has to offer! An open concept kitchen/dining area flows into a tremendous family room that is surrounded by windows offering abundant natural light. The family room also offers access to a large screened in porch and deck leading down to the fenced yard and patio areas. There are 2 secondary bedrooms and a hall bath along with a primary bedroom and ensuite bathroom on the main level. The lower level offers a bright rec room with wood burning fireplace, a 4th bedroom, a small workshop area, the laundry room and a 5th spacious bedroom with ensuite bathroom that could easily serve as an additional primary suite. This property is a canvas waiting for your personal touch and offers tons of potential! It's not easy to purchase and build equity in this market - now is your chance! Channel your inner HGTV design star and create your own private oasis all the while being a short drive to Riva Park, dining at Mike's Crabhouse, shopping in downtown Annapolis and just 30-45 minutes from Baltimore and DC! Please Note: The home is being sold as-is. Inspections for buyer's information only please. The gas furnace was replaced in 2017.
Last Agent to Sell the Property
RE/MAX Leading Edge License #637776 Listed on: 03/01/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,842
Year Built
- Built in 1970
Lot Details
- 0.26 Acre Lot
- Property is Fully Fenced
- Chain Link Fence
- Back and Front Yard
- Property is zoned R5
Home Design
- Split Foyer
- Block Foundation
- Vinyl Siding
Interior Spaces
- Property has 2 Levels
- Wood Burning Fireplace
- Walk-Out Basement
- Laundry on lower level
Bedrooms and Bathrooms
Parking
- 4 Parking Spaces
- 4 Driveway Spaces
Outdoor Features
- Above Ground Pool
- Deck
- Patio
- Porch
Schools
- Central Elementary And Middle School
- South River High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Well
- Electric Water Heater
Community Details
- No Home Owners Association
- Riva Farms Subdivision
Listing and Financial Details
- Tax Lot 105
- Assessor Parcel Number 020265407070405
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 1, 2024
Closed on
Apr 2, 2024
Sold by
Phipps Robert E and Phipps Jennifer M
Bought by
Lipun Hu
Seller's Agent
Rachel Best
RE/MAX Leading Edge
Buyer's Agent
Thomas Chroniger
Cummings & Co. Realtors
List Price
$515,000
Sold Price
$490,000
Premium/Discount to List
-$25,000
-4.85%
Total Days on Market
4
Views
57
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,911
Avg. Annual Appreciation
7.33%
Original Mortgage
$367,500
Outstanding Balance
$363,694
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$168,217
Purchase Details
Listed on
Oct 18, 2017
Closed on
Jan 29, 2018
Sold by
Guzman Leticia
Bought by
Phipps Robert E and Phipps Jennifer M
Seller's Agent
Sandy Wing
RE/MAX Leading Edge
Buyer's Agent
Rachel Best
RE/MAX Leading Edge
List Price
$400,000
Sold Price
$395,000
Premium/Discount to List
-$5,000
-1.25%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.55%
Original Mortgage
$3,878,421
Interest Rate
3.94%
Mortgage Type
FHA
Purchase Details
Closed on
Feb 2, 2005
Sold by
Dravo Thoams N
Bought by
Guzman Leticia
Purchase Details
Closed on
Dec 14, 2000
Sold by
Dravo Edward E
Bought by
Dravo Thoams N
Purchase Details
Closed on
Oct 14, 1998
Sold by
Dravo Charles E
Bought by
Dravo Edward E and Dravo Thomas N
Purchase Details
Closed on
May 8, 1998
Sold by
Dravo Regina P
Bought by
Dravo Charles E and Dravo Edward E
Similar Homes in Riva, MD
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 |
|---|---|---|---|
| Lipun Hu | $490,000 | Fidelity National Title | |
| Phipps Robert E | $395,000 | Title Rite Svcs Inc | |
| Phipps Robert E | $395,000 | Title Rite Svcs Inc | |
| Phipps Robert E | $395,000 | Title Rite Svcs Inc | |
| Guzman Leticia | $370,000 | -- | |
| Dravo Thoams N | $21,500 | -- | |
| Dravo Edward E | $15,000 | -- | |
| Dravo Charles E | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lipun Hu | $367,500 | |
| Previous Owner | Phipps Robert E | $3,878,421 | |
| Previous Owner | Guzman Leticia | $340,228 | |
| Previous Owner | Guzman Leticia R | $358,058 | |
| Previous Owner | Guzman Leticia R | $109,800 | |
| Previous Owner | Guzman Leticia R | $50,000 | |
| Closed | Guzman Leticia | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/04/2024 04/04/24 | Sold | $490,000 | -4.9% | $193 / Sq Ft |
| 03/05/2024 03/05/24 | Pending | -- | -- | -- |
| 03/01/2024 03/01/24 | For Sale | $515,000 | +30.4% | $203 / Sq Ft |
| 01/29/2018 01/29/18 | Sold | $395,000 | -0.9% | $161 / Sq Ft |
| 12/14/2017 12/14/17 | Pending | -- | -- | -- |
| 11/26/2017 11/26/17 | Price Changed | $398,500 | -0.4% | $163 / Sq Ft |
| 10/18/2017 10/18/17 | For Sale | $400,000 | -- | $163 / Sq Ft |
Source: Bright MLS
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 |
|---|---|---|---|---|
| 2024 | $5,235 | $432,200 | $0 | $0 |
| 2023 | $4,936 | $408,600 | $221,700 | $186,900 |
| 2022 | $4,664 | $405,167 | $0 | $0 |
| 2021 | $9,257 | $401,733 | $0 | $0 |
| 2020 | $4,553 | $398,300 | $221,700 | $176,600 |
| 2019 | $4,402 | $383,433 | $0 | $0 |
| 2018 | $3,737 | $368,567 | $0 | $0 |
| 2017 | $3,181 | $353,700 | $0 | $0 |
| 2016 | -- | $341,767 | $0 | $0 |
| 2015 | -- | $329,833 | $0 | $0 |
| 2014 | -- | $317,900 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Rachel Best
Seller's Agent in 2024
Rachel Best
RE/MAX
(443) 454-5959
5 in this area
152 Total Sales
-
Thomas Chroniger
Buyer's Agent in 2024
Thomas Chroniger
Cummings & Co Realtors
(443) 871-2711
1 in this area
119 Total Sales
-
Sandy Wing
Seller's Agent in 2018
Sandy Wing
RE/MAX
(301) 938-3667
4 in this area
93 Total Sales
Map
Source: Bright MLS
MLS Number: MDAA2079058
APN: 02-654-07070405
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