NOT LISTED FOR SALE

363 South Dr Severna Park, MD 21146

Estimated Value: $2,010,000 - $2,088,640

4 Beds
3.5 Baths
3,179 Sq Ft
$642/Sq Ft Est. Value

Last Sold June 11, 2021

Last sale price $1,800,000 $566 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $12,391/month

3 Days on Market

Highlights

  • Primary bedroom faces the bay
  • 3 Dock Slips
  • Parking available for a boat
  • Folger McKinsey Elementary at Chesapeake Bay Middle School Rated A-
  • Water Views
  • Home fronts navigable water

About This Home

As of June 2021

Severna Park waterfront living at its best! Welcome to 363 South Drive. A stunning home on a picturesque .94 acre lot. Deep protected water (6ft MLW), new boat lift, multiple decks overlooking the water and just seconds to the Magothy River. This craftsman style home meets modern design, just over 9ft high ceilings, open floor plan, 3 car detached garage and amazing water views. The open gourmet kitchen has granite countertops, stainless steel appliances , maple hardwood floors and new 36-inch gas range. The Primary Bedroom is on the MAIN LEVEL and features a recently updated bathroom with his/hers closet and BIG views of the water. The waterfront living room has wood burning fireplace, extensive recessed lighting and hardwood floors. Just off the living room and Primary Bedroom is a beautiful screened in porch that overlooks the water. The versatile upper level has an oversized bedroom that could be used as a Primary Bedroom and also has great space for an office or study area. The seller has done numerous improvements, new roof, replaced bulkhead, replaced the majority of the boards on the pier, replaced the HVAC for the upper level and added electric service to the pier. Magothy Beach has public water, sewer, Severna Park Blue Ribbon schools and is conveniently located close to Rt 2. Don't miss out on this one!

Last Agent to Sell the Property

Ryan Turner

Coldwell Banker Realty Listed on: 04/25/2021

Coldwell Banker Realty

Co-Listed By

George Turner

Coldwell Banker Realty

Last Buyer's Agent

Tyler Wing

RE/MAX Leading Edge

RE/MAX Leading Edge

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,289

Year Built

  • Built in 1993

Lot Details

  • 0.94 Acre Lot
  • Home fronts navigable water
  • Extensive Hardscape
  • Sprinkler System
  • Property is in very good condition
  • Property is zoned R5

Parking

  • 3 Car Detached Garage
  • Front Facing Garage
  • Circular Driveway
  • Parking available for a boat

Home Design

  • Craftsman Architecture
  • HardiePlank Type

Interior Spaces

  • 3,179 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Recessed Lighting
  • Wood Burning Fireplace
  • Awning
  • Family Room Off Kitchen
  • Combination Kitchen and Living
  • Wood Flooring
  • Water Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Gas Oven or Range
  • Built-In Range
  • Range Hood
  • Stainless Steel Appliances
  • Disposal
  • Instant Hot Water

Bedrooms and Bathrooms

  • Primary bedroom faces the bay
  • En-Suite Bathroom
  • Cedar Closet

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Canoe or Kayak Water Access
  • Private Water Access
  • River Nearby
  • Personal Watercraft
  • Swimming Allowed
  • Electric Hoist or Boat Lift
  • 3 Dock Slips
  • Physical Dock Slip Conveys
  • Powered Boats Permitted
  • Balcony
  • Deck
  • Patio
  • Exterior Lighting
  • Rain Gutters
  • Porch

Location

  • Property is near a creek

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heating System Powered By Owned Propane
  • Tankless Water Heater
  • Propane Water Heater

Listing and Financial Details

  • Tax Lot 23
  • Assessor Parcel Number 020352010958200

Community Details

Overview

  • No Home Owners Association
  • Magothy Beach Subdivision

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,289

Year Built

Built in 1993

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Craftsman
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2021-04-26
  • Year Built: 1993
  • Automatically Close On Close Date: No
  • Remarks Public: Severna Park waterfront living at its best! Welcome to 363 South Drive. A stunning home on a picturesque .94 acre lot. Deep protected water (6ft MLW), new boat lift, multiple decks overlooking the water and just seconds to the Magothy River. This craftsman style home meets modern design, just over 9ft high ceilings, open floor plan, 3 car detached garage and amazing water views. The open gourmet kitchen has granite countertops, stainless steel appliances , maple hardwood floors and new 36-inch gas range. The Primary Bedroom is on the MAIN LEVEL and features a recently updated bathroom with his/hers closet and BIG views of the water. The waterfront living room has wood burning fireplace, extensive recessed lighting and hardwood floors. Just off the living room and Primary Bedroom is a beautiful screened in porch that overlooks the water. The versatile upper level has an oversized bedroom that could be used as a Primary Bedroom and also has great space for an office or study area. The seller has done numerous improvements, new roof, replaced bulkhead, replaced the majority of the boards on the pier, replaced the HVAC for the upper level and added electric service to the pier. Magothy Beach has public water, sewer, Severna Park Blue Ribbon schools and is conveniently located close to Rt 2. Don't miss out on this one!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Range, Disposal, Dryer, Oven/Range - Gas, Range Hood, Refrigerator, Stainless Steel Appliances, Washer, Water Heater - Tankless
  • Interior Amenities: Built-Ins, Cedar Closet(s), Combination Kitchen/Living, Crown Moldings, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Primary Bedroom - Bay Front, Primary Bath(s), Recessed Lighting, Wood Floors
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Main Floor
  • Total Sq Ft: 3179
  • Living Area Sq Ft: 3179
  • Price Per Sq Ft: 566.22
  • Above Grade Finished Sq Ft: 3179
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 363

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Hardiplank Type
  • Exterior Features: Awning(s), Boat Storage, Extensive Hardscape, Exterior Lighting, Gutter System, Lawn Sprinkler
  • View: Water
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Private Access, Swimming Allowed, Personal Watercraft (PWC)
  • Water Access: Yes
  • Water Body Name: Magothy River
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Parking Features: Circular Driveway
  • Garage Features: Garage - Front Entry, Oversized
  • Number Of Detached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Detached Garage, Driveway

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Propane - Owned
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Instant Hot Water, Propane
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
  • Elementary School: FOLGER MCKINSEY
  • Middle School: SEVERNA PARK
  • High School: SEVERNA PARK
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121140671932
  • School District Source: Listing Agent
  • 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: 552500.00
  • Land Assessed Value: 659500.00
  • Land Use Code: 011
  • Lot Size Acres: 0.94
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 41000.00
  • Outdoor Living Structures: Patio(s), Porch(es), Balcony, Deck(s)
  • Property Condition: Very Good
  • Year Assessed: 2021
  • Zoning: R5
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15234862
  • Tax Annual Amount: 12289.00
  • Assessor Parcel Number: 020352010958200
  • Tax Lot: 23
  • Tax Total Finished Sq Ft: 3179
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 06/11/2021

Multi Family

  • Mean Low Water Feet: 6
  • 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
Apr 25, 2021
Closed on
Jun 11, 2021
Sold by
Simon Emery
Bought by
Simon Emery and The Emery Simon Revocable Trus
Seller's Agent
Ryan Turner
Coldwell Banker Realty
Buyer's Agent
Tyler Wing
RE/MAX Leading Edge
List Price
$1,695,000
Sold Price
$1,800,000
Premium/Discount to List
$105,000
6.19%
Current Estimated Value
$2,039,410

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$239,410
Avg. Annual Appreciation
3.02%
Original Mortgage
$1,300,000
Outstanding Balance
$1,179,548
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$859,862

Purchase Details

Listed on
Apr 19, 2017
Closed on
Jul 24, 2017
Sold by
Camp Micahel R and Dopkin Mark D
Bought by
Benefiel John Kirk and Benefiel Donna L
Seller's Agent
Sandra K. Libby
Long & Foster Real Estate, Inc.
Buyer's Agent
Jean Andrews
Long & Foster Real Estate, Inc.
List Price
$1,395,000
Sold Price
$1,225,000
Premium/Discount to List
-$170,000
-12.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.43%
Original Mortgage
$517,500
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 3, 2011
Sold by
Camp Lorraine
Bought by
Camp Lorraine

Purchase Details

Closed on
May 26, 2011
Sold by
Camp Lorraine P
Bought by
Camp Lorraine P and Lorraine P Camp Qualified Pers

Purchase Details

Closed on
Jun 9, 1992
Sold by
Revluz Realty Co
Bought by
Camp Lorraine

Purchase Details

Closed on
Jan 30, 1992
Sold by
Gareis Margaret S
Bought by
Revluz Realty Co

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
8.56%
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
Simon Emery -- Accommodation
Simon Emery $1,800,000 Maryland Title Group Llc
Benefiel John Kirk $1,225,000 Northco Title Corporation
Camp Lorraine -- --
Camp Lorraine P -- None Available
Camp Lorraine -- --
Camp Lorraine $281,400 --
Revluz Realty Co $265,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simon Emery $1,300,000
Previous Owner Benefiel John Kirk $517,500
Previous Owner Revluz Realty Co $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2021 06/11/21 Sold $1,800,000 0.0% $566 / Sq Ft
05/19/2021 05/19/21 Price Changed $1,800,000 +6.2% $566 / Sq Ft
04/28/2021 04/28/21 Pending -- -- --
04/25/2021 04/25/21 For Sale $1,695,000 +38.4% $533 / Sq Ft
07/24/2017 07/24/17 Sold $1,225,000 0.0% $385 / Sq Ft
06/19/2017 06/19/17 Pending -- -- --
06/16/2017 06/16/17 Off Market $1,225,000 -- --
06/09/2017 06/09/17 Price Changed $1,295,000 -7.2% $407 / Sq Ft
05/06/2017 05/06/17 For Sale $1,395,000 0.0% $439 / Sq Ft
04/28/2017 04/28/17 Pending -- -- --
04/19/2017 04/19/17 For Sale $1,395,000 -- $439 / 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 $15,351 $1,477,333 -- --
2024 $15,351 $1,349,600 $689,500 $660,100
2023 $14,750 $1,303,733 $0 $0
2022 $13,615 $1,257,867 $0 $0
2021 $11,577 $1,212,000 $659,500 $552,500
2020 $11,577 $1,146,433 $0 $0
2019 $209 $1,080,867 $0 $0
2018 $209 $1,015,300 $602,500 $412,800
2017 $10,349 $990,900 $0 $0
2016 $209 $966,500 $0 $0
2015 $209 $942,100 $0 $0
2014 -- $942,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA465764

Bright MLS

APN: 03-520-10958200