380 North Dr Severna Park, MD 21146
2
Beds
1
Bath
988
Sq Ft
0.59
Acres
Highlights
- 70 Feet of Waterfront
- 2 Dock Slips
- Cottage
- Folger McKinsey Elementary at Chesapeake Bay Middle School Rated A-
- Fishing Allowed
- Ramp on the main level
About This Home
As of May 2025Incredible opportunity on the Magothy River. This adorable cottage is just waiting for your vision. The lot is over half an acre and offers completely unobstructed views of the Magothy River. Additional features include private pier with lift (as-is) and short walk to water. There is a large flat waterfront yard complete with waterfront boathouse. Deep water will accommodate larger vessels. Original cottage is perfect for a weekend get away or start from scratch with your dream home. Huge driveway with large outbuilding which could be the perfect garage or ADU. There is also a large shed on the property. Seller believes property offers 78 feet of waterfront (nice wide lot) and MLW of 6+. Public water and sewer make renovations so much easier!! Don't miss this one of a kind opportunity! Property being sold strictly as is.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,733
Year Built
- Built in 1940
Lot Details
- 0.59 Acre Lot
- 70 Feet of Waterfront
- Home fronts navigable water
- Property is zoned R5
HOA Fees
- $7 Monthly HOA Fees
Parking
- Driveway
Home Design
- Cottage
- Permanent Foundation
- Vinyl Siding
Interior Spaces
- 988 Sq Ft Home
- Property has 1 Level
- Family Room
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Accessible Home Design
- Ramp on the main level
Outdoor Features
- Canoe or Kayak Water Access
- Private Water Access
- River Nearby
- 2 Dock Slips
- Physical Dock Slip Conveys
- Dock made with Treated Lumber
- 1 Powered Boats Permitted
- 1 Non-Powered Boats Permitted
Schools
- Severna Park High School
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Heating System Uses Oil
- Electric Water Heater
Listing and Financial Details
- Tax Lot 54
- Assessor Parcel Number 020352007111322
Community Details
Overview
- Association fees include common area maintenance
- Magothy Beach Subdivision
Recreation
- Fishing Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 7, 2024
Closed on
Nov 29, 2024
Sold by
Tolle Jill Elizabeth and Miller John Ernest
Bought by
Ellis Christopher Reid and Ellis Jennifer Renee
Seller's Agent
Melissa Murray
Compass
Buyer's Agent
Carol Strasfeld
Unrepresented Buyer Office
List Price
$1,149,000
Sold Price
$1,125,000
Premium/Discount to List
-$24,000
-2.09%
Total Days on Market
9
Views
59
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
47.40%
Original Mortgage
$1,068,750
Interest Rate
6.88%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 2, 2024
Sold by
Dale Lawrence A and Dale Joan T
Bought by
Dale Lawrence A and Dale Joan T
Similar Homes in the area
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,125,000 | Freestate Title Services | |
| Deed | $1,125,000 | Freestate Title Services | |
| Deed | -- | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,000,000 | New Conventional | |
| Closed | $1,068,750 | New Conventional | |
| Previous Owner | $50,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/28/2025 05/28/25 | Sold | $2,369,850 | 0.0% | $527 / Sq Ft |
| 05/28/2025 05/28/25 | Price Changed | $2,369,850 | +0.2% | $527 / Sq Ft |
| 05/27/2025 05/27/25 | Pending | -- | -- | -- |
| 05/27/2025 05/27/25 | For Sale | $2,365,400 | +110.3% | $526 / Sq Ft |
| 11/29/2024 11/29/24 | Sold | $1,125,000 | -2.1% | $1,139 / Sq Ft |
| 09/07/2024 09/07/24 | For Sale | $1,149,000 | -- | $1,163 / 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 | $3,624 | $762,800 | $674,700 | $88,100 |
| 2023 | $3,499 | $748,033 | $0 | $0 |
| 2022 | $3,296 | $733,267 | $0 | $0 |
| 2021 | $6,481 | $718,500 | $644,700 | $73,800 |
| 2020 | $3,140 | $699,300 | $0 | $0 |
| 2019 | $3,082 | $680,100 | $0 | $0 |
| 2018 | $6,702 | $660,900 | $587,700 | $73,200 |
| 2017 | $2,901 | $636,767 | $0 | $0 |
| 2016 | $103 | $612,633 | $0 | $0 |
| 2015 | $103 | $588,500 | $0 | $0 |
| 2014 | -- | $588,500 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Colleen Smith
EXP Realty, LLC
(443) 995-2409
1 in this area
233 Total Sales
-
Buyer's Agent in 2025
Melissa Murray
Compass
(443) 995-2626
5 in this area
175 Total Sales
-
Buyer's Agent in 2024
Carol Strasfeld
Unrepresented Buyer Office
(301) 806-8871
4 in this area
5,812 Total Sales
Map
Source: Bright MLS
MLS Number: MDAA2093676
APN: 03-520-07111322
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