NOT LISTED FOR SALE

316 North Dr Severna Park, MD 21146

Estimated Value: $1,816,000 - $2,066,000

3 Beds
3.5 Baths
5,414 Sq Ft
$360/Sq Ft Est. Value

Last Sold January 05, 2024

Last sale price $1,750,000 $323 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $11,457/month

46 Days on Market

Highlights

  • 81 Feet of Waterfront
  • 1 Dock Slip
  • Fishing Allowed
  • Folger McKinsey Elementary at Chesapeake Bay Middle School Rated A-
  • Pier
  • Gourmet Kitchen

About This Home

As of January 2024

Spend the holidays on the water! What a great way to begin 2024 - in a new home! A stunning three-story single family residence located in the desirable city of Severna Park. This incredible property is in great condition and ready for you to move in and start creating cherished memories.As you approach the house, you'll immediately notice the charming porch, perfect for enjoying your morning coffee while taking in the picturesque surroundings. Step inside, and you'll be greeted by a spacious living room adorned with beautiful hardwood floors, providing an inviting and warm atmosphere. On those chilly evenings, cozy up near the fireplace, creating a relaxing ambiance for unwinding after a long day.The kitchen is a true culinary haven, boasting a kitchen bar that provides ample space for meal preparation and entertaining guests. The stone countertops and backsplash add a touch of elegance to this space, while the refrigerator ensures your groceries are kept fresh and easily accessible.One of the highlights of this remarkable home is the sunroom, offering panoramic views of the tranquil waters nearby. Imagine basking in the natural light that floods this room as you enjoy your favorite book or simply indulge in a moment of tranquility.Step outside onto the patio, where you'll find the perfect spot for outdoor gatherings and entertaining. Whether it's a summer barbecue or a peaceful evening enjoying the water view, this space will undoubtedly become a favorite spot for relaxation and enjoyment.Surrounded by the beauty of the Magothy River, this residence is conveniently located near parks, schools, and various amenities. Take advantage of water activities, such as boating or fishing, or explore the charming shops and restaurants that dot the area. With easy access to major roadways, commuting to nearby cities is a breeze. Don't miss the opportunity to make this exquisite house your home. Schedule a viewing today and experience the luxury, comfort, and serenity that 316 North Drive has to offer.

Last Agent to Sell the Property

Cheri Gavin

(410) 533-3447 CAGAVINREALTOR@GMAIL.COM Blackwell Real Estate, LLC Listed on: 10/06/2023

Last Buyer's Agent

Dawn Baxter

(410) 353-0222 dbaxter@cbmove.com Coldwell Banker Realty License #27574

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,702

Year Built

  • Built in 2013

Lot Details

  • 0.52 Acre Lot
  • 81 Feet of Waterfront
  • Home fronts navigable water
  • Sprinkler System
  • Property is in excellent condition
  • Property is zoned R5

HOA Fees

  • $7 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • 6 Driveway Spaces
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Transitional Architecture
  • Block Foundation
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Crown Molding
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Recessed Lighting
  • 2 Fireplaces
  • Fireplace Mantel
  • Gas Fireplace
  • Family Room
  • Combination Kitchen and Living
  • Bonus Room
  • River Views

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet

Laundry

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

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Connecting Stairway
  • Interior and Exterior Basement Entry
  • Basement Windows

Outdoor Features

  • Pier
  • Canoe or Kayak Water Access
  • Private Water Access
  • River Nearby
  • Electric Hoist or Boat Lift
  • 1 Dock Slip
  • Physical Dock Slip Conveys
  • Dock made with Treated Lumber
  • Stream or River on Lot
  • Powered Boats Permitted
  • Multiple Balconies
  • Deck
  • Shed

Schools

  • Severna Park High School

Utilities

  • 90% Forced Air Zoned Heating and Cooling System
  • Heating System Powered By Owned Propane
  • Vented Exhaust Fan
  • Tankless Water Heater
  • Propane Water Heater
  • Municipal Trash

Listing and Financial Details

  • Tax Lot 83A
  • Assessor Parcel Number 020352006182100

Community Details

Overview

  • Association fees include common area maintenance
  • Magothy Beach Subdivision

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,702

Year Built

Built in 2013

Lot Details

0

HOA Fees

$7 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Transitional
  • Ownership: Fee Simple
  • Inclusions: House Generator
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2023-10-06
  • Federal Flood Zone: No
  • Year Built: 2013
  • Automatically Close On Close Date: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Disposal, Dryer, Exhaust Fan, Refrigerator, Washer, Water Heater - Tankless
  • Flooring Type: Carpet, Ceramic Tile, Luxury Vinyl Plank
  • Interior Amenities: Breakfast Area, Carpet, Ceiling Fan(s), Combination Kitchen/Living, Crown Moldings, Floor Plan - Open, Kitchen - Gourmet, Recessed Lighting, Upgraded Countertops, Walk-In Closet(s)
  • Fireplace Features: Gas/Propane, Mantel(s)
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings
  • Foundation Details: Block
  • Levels Count: 3
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Laundry, Bathroom 1, Bathroom 2, Bathroom 3, Bonus Room, Primary Bathroom
  • Basement: Yes
  • Basement Type: Connecting Stairway, Daylight, Partial, Fully Finished, Heated, Improved, Interior Access, Outside Entrance, Rear Entrance, Walkout Level, Windows
  • Laundry Type: Main Floor, Upper Floor
  • Total Sq Ft: 5414
  • Living Area Sq Ft: 5414
  • Price Per Sq Ft: 489.42
  • Above Grade Finished Sq Ft: 3780
  • Below Grade Finished Sq Ft: 1634
  • Total Below Grade Sq Ft: 1634
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Vinyl Siding
  • Exterior Features: Underground Lawn Sprinkler
  • Roof: Architectural Shingle
  • View: River
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Private Access
  • Water Access: Yes
  • Water Body Name: Magothy River
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 81

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Parking Features: Concrete Driveway
  • Garage Features: Garage - Front Entry, Garage Door Opener, Inside Access, Oversized
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 9
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 6

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Fuel: Propane - Owned
  • Heating Type: 90% Forced Air, Zoned
  • Heating: Yes
  • Hot Water: Propane
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA Fees: 80.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance
  • HOA: Yes
  • Senior Community: No

Schools

  • High School Source: Listing Agent
  • School District Source: Listing Agent
  • High School: SEVERNA PARK

Lot Info

  • Horses: No
  • Lot Features: Stream/Creek
  • Lot Size Acres: 0.52
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 22600.00
  • Outdoor Living Structures: Balconies- Multiple, Deck(s)
  • Property Condition: Excellent
  • Zoning: R5
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 12702.00
  • Assessor Parcel Number: 020352006182100
  • Tax Lot: 83A
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

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 6, 2023
Closed on
Jan 5, 2024
Sold by
Gavin Michael P and Gavin Barbara
Bought by
Beatty Christopher J and Kelly Rachel A
Seller's Agent
Cheri Gavin
Blackwell Real Estate, LLC
Buyer's Agent
Dawn Baxter
Coldwell Banker Realty
List Price
$1,850,000
Sold Price
$1,750,000
Premium/Discount to List
-$100,000
-5.41%
Views
435
Current Estimated Value
$1,948,017

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,017
Avg. Annual Appreciation
6.10%
Original Mortgage
$1,300,000
Outstanding Balance
$1,278,387
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$669,630

Purchase Details

Closed on
Dec 17, 2012
Sold by
Colburn Marie D and Colburn Richard C
Bought by
Gavin Michael P and Gavin Barbara

Purchase Details

Listed on
Jan 12, 2012
Closed on
Sep 18, 2012
Sold by
Colburn Marie D and Colburn Richard C
Bought by
Gavin Michael P and Gavin Barbara
Seller's Agent
Paul DiBari
Cummings & Co. Realtors
Buyer's Agent
Cheri Gavin
Blackwell Real Estate, LLC
List Price
$525,000
Sold Price
$400,000
Premium/Discount to List
-$125,000
-23.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.82%
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
Beatty Christopher J $1,750,000 None Listed On Document
Gavin Michael P $400,000 Mid Atlantic Title Llc
Gavin Michael P $400,000 Mid Atlantic Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beatty Christopher J $1,300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/05/2024 01/05/24 Sold $1,750,000 -5.4% $323 / Sq Ft
11/22/2023 11/22/23 Pending -- -- --
10/06/2023 10/06/23 For Sale $1,850,000 +362.5% $342 / Sq Ft
09/18/2012 09/18/12 Sold $400,000 -19.8% $321 / Sq Ft View Prior Sale
08/29/2012 08/29/12 Pending -- -- --
08/14/2012 08/14/12 Price Changed $499,000 -5.0% $400 / Sq Ft
07/02/2012 07/02/12 For Sale $525,000 +31.3% $421 / Sq Ft
07/01/2012 07/01/12 Off Market $400,000 -- --
04/21/2012 04/21/12 Price Changed $525,000 -12.5% $421 / Sq Ft
01/12/2012 01/12/12 For Sale $599,900 -- $481 / 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 $14,436 $1,423,867 -- --
2024 $14,436 $1,266,100 $667,800 $598,300
2023 $13,522 $1,224,500 $0 $0
2022 $12,656 $1,182,900 $0 $0
2021 $24,794 $1,141,300 $637,800 $503,500
2020 $12,162 $1,121,867 $0 $0
2019 $11,948 $1,102,433 $0 $0
2018 $10,982 $1,083,000 $581,100 $501,900
2017 $11,201 $1,060,767 $0 $0
2016 $189 $1,038,533 $0 $0
2015 $189 $1,016,300 $0 $0
2014 -- $1,016,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA2069872

Bright MLS

APN: 03-520-06182100