NOT LISTED FOR SALE

348 North Dr Severna Park, MD 21146

Estimated Value: $2,162,000 - $2,931,000

6 Beds
4 Baths
5,615 Sq Ft
$429/Sq Ft Est. Value

Last Sold July 28, 2021

Last sale price $2,201,000 $392 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $14,020/month

Highlights

  • 50 Feet of Waterfront
  • 1 Dock Slip
  • Fishing Allowed
  • Folger McKinsey Elementary at Chesapeake Bay Middle School Rated A-
  • Access to Tidal Water
  • River View

About This Home

As of July 2021

This stunning custom craftsman style home (built in 2018) situated on 3/4 of an acre of waterfront located on the Magothy River features 6 bedrooms, 4 baths, 3 fully finished levels and many, many upgrades including casement windows throughout the entire home, a whole house generator and security system. The main level offers unbelievable water views with floor-to-ceiling windows, walnut hardwood floors, coffered ceilings and a bedroom with a full bath. The gourmet kitchen opens to the family room and boasts stainless steel appliances, gorgeous quartz countertops, gas stove and stacked stone fireplace with built-in cabinets. Upstairs has 4 spacious bedrooms with 2 full bathrooms and a huge laundry room on this level. The Primary bedroom has a vaulted ceiling, his & her walk-in closets, and master bathroom with an elegant standalone tub and large separate shower with upgraded shower heads. A lovely private porch is accessed from the master bedroom allowing you to enjoy your morning coffee while soaking in the fantastic water views. The finished basement has 1 bedroom with a full bath, home theater and game area. The backyard makes this home complete with Ipe decking spanning the width of the home and an outdoor kitchen. The deep water pier with 12’ depth has a 25,000 lb. capacity boat lift and two additional jet ski lifts and docking for 2 additional vessels. There is a newly renovated guest cottage located on the property which is perfect for the in-laws or rental. The cottage has 2 bedrooms, 1 bath, living area, kitchen and its own laundry room. Blue ribbon schools a plus!

Last Agent to Sell the Property

Valerie Henderson

(443) 223-5461 valerie.henderson@cbmove.com RE/MAX Concierge Realty License #535053 Listed on: 07/09/2021

RE/MAX Concierge Realty

Last Buyer's Agent

Denise Mattern

(443) 989-8165 denisecbrealtor@gmail.com Coldwell Banker Realty License #648867

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,668

Year Built

  • Built in 2018

Lot Details

  • 0.74 Acre Lot
  • 50 Feet of Waterfront
  • Home fronts navigable water
  • Sprinkler System
  • Property is zoned R5

Parking

  • 2 Car Direct Access Garage
  • 4 Driveway Spaces
  • Parking Storage or Cabinetry
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Carriage House
  • Craftsman Architecture
  • Architectural Shingle Roof
  • Stone Siding
  • HardiePlank Type

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Built-In Features
  • Chair Railings
  • Crown Molding
  • Wainscoting
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace Mantel
  • Gas Fireplace
  • Double Pane Windows
  • Casement Windows
  • Window Screens
  • Family Room Off Kitchen
  • Wood Flooring
  • River Views
  • Flood Lights

Kitchen

  • Built-In Oven
  • Down Draft Cooktop
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops

Bedrooms and Bathrooms

  • Walk-In Closet
  • Soaking Tub
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Connecting Stairway
  • Sump Pump

Outdoor Features

  • Access to Tidal Water
  • Canoe or Kayak Water Access
  • Private Water Access
  • River Nearby
  • Sun Deck
  • Personal Watercraft
  • Sail
  • Swimming Allowed
  • Electric Hoist or Boat Lift
  • 1 Dock Slip
  • Private Dock
  • Stream or River on Lot
  • 3 Powered Boats Permitted
  • Balcony
  • Deck
  • Shed
  • Outdoor Grill
  • Rain Gutters

Schools

  • Folger Mckinsey Elementary School
  • Severna Park Middle School
  • Severna Park High School

Utilities

  • Zoned Heating and Cooling
  • Cooling System Utilizes Bottled Gas
  • Heat Pump System
  • Heating System Powered By Owned Propane
  • Vented Exhaust Fan
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 70
  • Assessor Parcel Number 020352033685075

Community Details

Overview

  • No Home Owners Association
  • Magothy Beach Subdivision

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,668

Year Built

Built in 2018

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Craftsman
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: pool table, shuffle-board, theater seating, big screen TV and projector (all in basement)
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2021-07-09
  • Federal Flood Zone: No
  • Year Built: 2018
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Cooktop - Down Draft, Dishwasher, Dryer, Exhaust Fan, Icemaker, Oven - Wall, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Flooring Type: Hardwood
  • Interior Amenities: Built-Ins, Ceiling Fan(s), Chair Railings, Crown Moldings, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Island, Recessed Lighting, Soaking Tub, Sprinkler System, Stall Shower, Tub Shower, Upgraded Countertops, Wainscotting, Walk-In Closet(s), Wood Floors
  • Window Features: Casement, Double Pane, Screens
  • Fireplace Features: Gas/Propane, Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Connecting Stairway, Fully Finished, Heated, Sump Pump
  • Laundry Type: Upper Floor
  • Total Sq Ft: 5815
  • Living Area Sq Ft: 5615
  • Price Per Sq Ft: 473.23
  • Above Grade Finished Sq Ft: 4015
  • Below Grade Finished Sq Ft: 1600
  • Below Grade Sq Ft: 200
  • Total Below Grade Sq Ft: 1800
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 6
  • Main Level Bedrooms: 1
  • All Lower Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Carriage House, Shed
  • Construction Materials: Hardiplank Type, Stone
  • Exterior Features: Bbq Grill, Flood Lights, Gutter System
  • Roof: Architectural Shingle
  • Spa: No
  • View: River
  • Water Access Features: Personal Watercraft (PWC), Fishing Allowed, Canoe/Kayak, Boat - Powered, Private Access, Sail, Swimming Allowed
  • Water Access: Yes
  • Water Body Name: Magothy River
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 50

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry, Additional Storage Area, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Bottled Gas, Electric
  • Cooling Type: Ceiling Fan(s), Central A/C, Zoned
  • Heating Fuel: Electric, Propane - Owned
  • 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
  • Association Recreation Fee: 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

  • Horses: No
  • Improvement Assessed Value: 674400.00
  • Land Assessed Value: 628300.00
  • Lot Size Acres: 0.74
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 32400.00
  • Outdoor Living Structures: Balcony, Deck(s)
  • Zoning: R5
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15234930
  • Tax Annual Amount: 13668.00
  • Assessor Parcel Number: 020352033685075
  • Tax Lot: 70
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

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
Jul 9, 2021
Closed on
Jul 28, 2021
Sold by
Chester Tamera and Chester Timothy
Bought by
Quigley Patrick D and Quigley Carrie A
Seller's Agent
Valerie Henderson
RE/MAX Concierge Realty
Buyer's Agent
Denise Mattern
Coldwell Banker Realty
List Price
$1,900,000
Sold Price
$2,201,000
Premium/Discount to List
$301,000
15.84%
Current Estimated Value
$2,410,756

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$209,756
Avg. Annual Appreciation
2.16%

Purchase Details

Listed on
Apr 15, 2016
Closed on
May 18, 2016
Sold by
Beck Debra W and Wise Janice L
Bought by
Chester Tamera and Chester Timothy
Seller's Agent
Charlie Buckley
Long & Foster Real Estate, Inc.
Buyer's Agent
Valerie Henderson
RE/MAX Concierge Realty
List Price
$729,000
Sold Price
$729,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.73%
Original Mortgage
$510,300
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2014
Sold by
Wise C Edward and Wise Ruth E
Bought by
Clarence Edward Wise Jr Revocable Living
Source: Public Records

Range of Values:

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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
Quigley Patrick D $2,201,000 Eagle Title Llc
Chester Tamera $729,000 First American Title Ins Co
Clarence Edward Wise Jr Revocable Living -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chester Tamera $510,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/28/2021 07/28/21 Sold $2,201,000 +15.8% $392 / Sq Ft
07/11/2021 07/11/21 Pending -- -- --
07/09/2021 07/09/21 For Sale $1,900,000 +160.6% $338 / Sq Ft
05/20/2016 05/20/16 Sold $729,000 0.0% $316 / Sq Ft View Prior Sale
04/16/2016 04/16/16 Pending -- -- --
04/15/2016 04/15/16 For Sale $729,000 -- $316 / 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 $16,072 $1,601,833 -- --
2024 $16,072 $1,461,100 $658,300 $802,800
2023 $15,641 $1,408,300 $0 $0
2022 $14,635 $1,355,500 $0 $0
2021 $13,798 $1,302,700 $628,300 $674,400
2020 $13,798 $1,278,267 $0 $0
2019 $99 $1,253,833 $0 $0
2018 $99 $577,900 $571,300 $6,600
2017 $7,700 $732,400 $0 $0
2016 $205 $708,600 $0 $0
2015 $205 $684,800 $0 $0
2014 -- $683,967 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA2002660

Bright MLS

APN: 03-520-33685075