NOT LISTED FOR SALE

306 North Dr Severna Park, MD 21146

Estimated Value: $922,000 - $2,050,368

3 Beds
2.5 Baths
1,232 Sq Ft
$1,343/Sq Ft Est. Value

Last Sold January 15, 2021

Last sale price $762,500 $619 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $9,942/month

Highlights

  • 100 Feet of Waterfront
  • 4 Dock Slips
  • Cabana
  • Folger McKinsey Elementary at Chesapeake Bay Middle School Rated A-
  • Boat Ramp
  • Fishing Allowed

About This Home

As of January 2021

Severna Park waterfront home with deep water and phenomenal views of the Magothy River is present in the sought after community of Lower Magothy Beach. This contemporary home totally rebuilt in 1987 and features 3 bedrooms, 2.5 baths home that gives way to main level laundry and master bedroom with full master bath that offers jacuzzi tub and separate shower. Bright and airy kitchen offer white cabinetry, breakfast bar, all appliances and the opens floor plan leads to both the dining room and living room with soaring ceilings and breath taking waterfront views of the Magothy. The spiral staircase leads to 2 generous size bedrooms each with cathedrals ceiling, spacious closets and additional storage areas. Enjoy the expansive views of the Magothy from the large trex deck that is great for cookouts while entertaining family and friends from the beach house completely with kitchenette. Fishing, crabbing and many water activities will be enjoyed by all from the long pier that offers electric, water and 2 boat lifts. Additional features include a one car detached garage, two very large storage sheds each with electric. This waterfront home is an incredible rare find in sought Severna Park, with deep water and with public water and public sewer! Schools include Severna Park Middle and Severna Park High Schools along with Folger McKinsey Elementary. Should future needs dictate the desire for more living space theis generous lot may offer the opportunity to expand. You may want to review the properties occupying this waterfront community and note that a number of them have had extensive renovations and additional levels along with some having newer garage builds with living space above to accommodate future options. Home shows well and is being sold As-Is.

Last Agent to Sell the Property

Gayle Roberts

(410) 647-8506 grobertsrealtor@aol.com HSA Real Estate Group, INC Listed on: 10/03/2020

Last Buyer's Agent

Kathleen Foy

(443) 900-9000 kathy.foy@redfin.com Redfin Corp License #613368

Redfin Corp

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,347

Year Built

  • Built in 1987

Lot Details

  • 0.53 Acre Lot
  • 100 Feet of Waterfront
  • Home fronts navigable water
  • Property is in good condition
  • Property is zoned R5

Parking

  • 1 Car Detached Garage
  • Front Facing Garage

Home Design

  • Colonial Architecture

Interior Spaces

  • 1,232 Sq Ft Home
  • Property has 2 Levels
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Sliding Windows
  • Living Room
  • Dining Room
  • Water Views
  • Flood Lights

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Cabana
  • Canoe or Kayak Water Access
  • Private Water Access
  • River Nearby
  • Sun Deck
  • Personal Watercraft
  • Sail
  • Dock has a Storage Area
  • Electric Hoist or Boat Lift
  • Boat Ramp
  • 4 Dock Slips
  • Physical Dock Slip Conveys
  • Dock made with Treated Lumber
  • 3 Powered Boats Permitted
  • Deck
  • Exterior Lighting
  • Shed
  • Storage Shed

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 87A
  • Assessor Parcel Number 020352004974200

Community Details

Overview

  • No Home Owners Association
  • Lower Magothy Beach Subdivision

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,347

Year Built

Built in 1987

Lot Details

0

Parking

1

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: 2020-10-06
  • Year Built: 1987
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Exhaust Fan, Refrigerator, Stove, Washer
  • Interior Amenities: Ceiling Fan(s)
  • Window Features: Skylights, Sliding
  • Wall Ceiling Types: 9'+ Ceilings, Cathedral Ceilings
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Laundry, Bathroom 1, Bathroom 2, Bathroom 3
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1232
  • Living Area Sq Ft: 1232
  • Price Per Sq Ft: 669.56
  • Above Grade Finished Sq Ft: 1232
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Cabana/Pool House, Garage(s), Shed, Storage Barn/Shed
  • Exterior Features: Exterior Lighting, Flood Lights, Sidewalks, Secure Storage
  • View: Water
  • Water Access Features: Boat - Powered, Fishing Allowed, Canoe/Kayak, Personal Watercraft (PWC), Private Access, Sail
  • Water Access: Yes
  • Water Body Name: Magothy
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 100

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Detached Garage

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • 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

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: FOLGER MCKINSEY
  • High School: SEVERNA PARK
  • Middle Or Junior School: SEVERNA PARK

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 97000.00
  • Land Assessed Value: 626000.00
  • Lot Size Acres: 0.53
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 23300.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Good
  • Zoning: R5
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15234835
  • Tax Annual Amount: 7347.00
  • Assessor Parcel Number: 020352004974200
  • Tax Lot: 87A
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

Multi Family

  • Waterfront Features: Private Dock Site

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2020
Closed on
Jan 14, 2021
Sold by
Davis Anna M and Davis Robert N
Bought by
Smith Kathleen A and Smith Kenneth W
Seller's Agent
Gayle Roberts
HSA Real Estate Group, INC
Buyer's Agent
Kathleen Foy
Redfin Corp
List Price
$859,900
Sold Price
$762,500
Premium/Discount to List
-$97,400
-11.33%
Current Estimated Value
$1,654,842

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$892,342
Avg. Annual Appreciation
17.60%
Original Mortgage
$1,000,000
Interest Rate
2.87%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 20, 1986
Sold by
Charnasky Joseph
Bought by
Davis Robert N and Davis Anna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
9.81%
Source: Public Records

Range of Values:

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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
Smith Kathleen A $762,500 Home First Title Group Llc
Davis Robert N $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Kathleen A $1,000,000
Previous Owner Davis Robert N $99,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/15/2021 01/15/21 Sold $762,500 -7.6% $619 / Sq Ft
11/24/2020 11/24/20 Pending -- -- --
10/28/2020 10/28/20 Price Changed $824,900 -4.1% $670 / Sq Ft
10/13/2020 10/13/20 For Sale $859,900 +12.8% $698 / Sq Ft
10/10/2020 10/10/20 Off Market $762,500 -- --
10/03/2020 10/03/20 For Sale $859,900 -- $698 / 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 $14,843 $1,478,167 -- --
2024 $14,843 $1,329,000 $656,000 $673,000
2023 $14,435 $1,274,833 $0 $0
2022 $7,229 $646,800 $0 $0
2021 $16,051 $723,000 $626,000 $97,000
2020 $3,024 $698,133 $0 $0
2019 $94 $673,267 $0 $0
2018 $147 $648,400 $569,000 $79,400
2017 $2,738 $624,200 $0 $0
2016 $147 $600,000 $0 $0
2015 $147 $575,800 $0 $0
2014 -- $575,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA446220

Bright MLS

APN: 03-520-04974200