NOT LISTED FOR SALE

384 Magothy Rd Severna Park, MD 21146

Estimated Value: $1,570,802 - $1,856,000

5 Beds
3.5 Baths
3,137 Sq Ft
$563/Sq Ft Est. Value

Last Sold July 15, 2020

Last sale price $1,365,000 $435 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $10,313/month

Highlights

  • 100 Feet of Waterfront
  • Primary bedroom faces the bay
  • Pier
  • Jones Elementary School Rated A-
  • 2 Dock Slips
  • Guest House

About This Home

As of July 2020

With broad views of the Magothy River and fully equipped pier, this waterfront home in Severna Park is full of features that set it apart from the others! The main home provides 4 bedrooms and 2.5 baths with plenty of space for the whole family and if you love to entertain guests or want some extra income, the spacious guest home with its own bedroom, bath, washer/dryer, and kitchen fits that need perfectly! As you enter the property you are greeted with the serene fish pond and beautiful professional landscaping. The recently remodeled guest home sits on the frontage of the property and boasts a soaring ceiling in the open concept Living Room, Kitchen, Dining area, with a Full Bath and Master Bedroom with private patio and waterviews. As you approach the main home you can see straight through to immediately enjoy the spectacular views. This lovely home was built in 1920, renovated in 1981 and then completely remodeled and expanded in 2012. Renovations include all new energy-efficient Marvin windows and doors throughout the house, new (2019) energy-efficient HVAC system, redesigning of the foyer and hall bath, upgrading the kitchen, addition of the wet bar/butler's pantry/laundry room, enlarging the main level Master Bedroom, walk-in closet and the amazing Master Bath with roll-in shower, the spectacular screened porch off Master Suite and back deck, hardwood floors with insulation below and the addition of a half bath upstairs to service the two upper level bedrooms. Also new is a house-wide generator, for peace of mind. Come take a look at this wonderful home that checks so many boxes; waterfront location, outdoor living spaces, charming guest house and endless views. Welcome Home!

Last Agent to Sell the Property

David Orso

(443) 372-7171 david@davidorso.com Berkshire Hathaway HomeServices PenFed Realty License #631291 Listed on: 05/21/2020

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Carol Snyder

(443) 906-3848 carol@snyderbradshaw.com Monument Sotheby's International Realty License #632028

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,651

Year Built

  • Built in 1920 | Remodeled in 1981

Lot Details

  • 0.46 Acre Lot
  • 100 Feet of Waterfront
  • Home fronts navigable water
  • Landscaped
  • Extensive Hardscape
  • No Through Street
  • Premium Lot
  • Level Lot
  • Sprinkler System
  • Back, Front, and Side Yard
  • Property is zoned R2

Parking

  • 1 Car Detached Garage
  • 5 Driveway Spaces
  • Parking Storage or Cabinetry
  • Front Facing Garage

Property Views

  • River
  • Panoramic
  • Scenic Vista

Home Design

  • Coastal Architecture
  • Cottage
  • Poured Concrete
  • Shake Siding
  • Cedar

Interior Spaces

  • 3,137 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Vaulted Ceiling
  • Recessed Lighting
  • Fireplace With Glass Doors
  • Fireplace Mantel
  • Brick Fireplace
  • Gas Fireplace
  • Window Treatments
  • Dining Area
  • Unfinished Basement
  • Exterior Basement Entry
  • Attic

Kitchen

  • Gourmet Galley Kitchen
  • Second Kitchen
  • Breakfast Area or Nook
  • Butlers Pantry
  • Gas Oven or Range
  • Built-In Microwave
  • Extra Refrigerator or Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Wine Rack
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • Primary bedroom faces the bay
  • En-Suite Bathroom
  • Walk-In Closet
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • Roll-in Shower
  • Entry Slope Less Than 1 Foot

Outdoor Features

  • Pier
  • Access to Tidal Water
  • Canoe or Kayak Water Access
  • Private Water Access
  • River Nearby
  • Personal Watercraft
  • Waterski or Wakeboard
  • Sail
  • Rip-Rap
  • Swimming Allowed
  • Electric Hoist or Boat Lift
  • 2 Dock Slips
  • Physical Dock Slip Conveys
  • Powered Boats Permitted
  • Deck
  • Enclosed Patio or Porch
  • Waterfall on Lot
  • Exterior Lighting
  • Outdoor Storage
  • Outbuilding

Additional Homes

  • Guest House

Schools

  • Jones Elementary School
  • Severna Park Middle School
  • Severna Park High School

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Tankless Water Heater

Listing and Financial Details

  • Tax Lot 35
  • Assessor Parcel Number 020353022878805

Community Details

Overview

  • No Home Owners Association
  • Manhattan Beach Subdivision

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,651

Year Built

Built in 1920 | Remodeled in 1981

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Cottage
  • Accessibility Features: Entry Slope <1', Level Entry - Main, Roll-In Shower
  • Ownership: Fee Simple
  • Exclusions: Chandelier in Dining Room
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2020-05-22
  • Year Built: 1920
  • Year Renovated: 1981
  • Remarks Public: With broad views of the Magothy River and fully equipped pier, this waterfront home in Severna Park is full of features that set it apart from the others! The main home provides 4 bedrooms and 2.5 baths with plenty of space for the whole family and if you love to entertain guests or want some extra income, the spacious guest home with its own bedroom, bath, washer/dryer, and kitchen fits that need perfectly! As you enter the property you are greeted with the serene fish pond and beautiful professional landscaping. The recently remodeled guest home sits on the frontage of the property and boasts a soaring ceiling in the open concept Living Room, Kitchen, Dining area, with a Full Bath and Master Bedroom with private patio and waterviews. As you approach the main home you can see straight through to immediately enjoy the spectacular views. This lovely home was built in 1920, renovated in 1981 and then completely remodeled and expanded in 2012. Renovations include all new energy-efficient Marvin windows and doors throughout the house, new (2019) energy-efficient HVAC system, redesigning of the foyer and hall bath, upgrading the kitchen, addition of the wet bar/butler's pantry/laundry room, enlarging the main level Master Bedroom, walk-in closet and the amazing Master Bath with roll-in shower, the spectacular screened porch off Master Suite and back deck, hardwood floors with insulation below and the addition of a half bath upstairs to service the two upper level bedrooms. Also new is a house-wide generator, for peace of mind. Come take a look at this wonderful home that checks so many boxes; waterfront location, outdoor living spaces, charming guest house and endless views. Welcome Home!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Exhaust Fan, Extra Refrigerator/Freezer, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer, Water Heater, Water Heater - Tankless
  • Flooring Type: Hardwood, Ceramic Tile
  • Interior Amenities: 2nd Kitchen, Attic, Breakfast Area, Built-Ins, Combination Dining/Living, Combination Kitchen/Dining, Dining Area, Entry Level Bedroom, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Galley, Primary Bath(s), Primary Bedroom - Bay Front, Butlers Pantry, Recessed Lighting, Stall Shower, Tub Shower, Upgraded Countertops, Walk-In Closet(s), Wet/Dry Bar, Window Treatments, Wine Storage, Wood Floors
  • Fireplace Features: Brick, Fireplace - Glass Doors, Gas/Propane, Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: 2 Story Ceilings, Vaulted Ceilings
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Outside Entrance, Poured Concrete, Unfinished
  • Laundry Type: Main Floor
  • Total Sq Ft: 3137
  • Living Area Sq Ft: 3137
  • Price Per Sq Ft: 430.35
  • Above Grade Finished Sq Ft: 3137
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 384

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 3
  • Upper Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Guest House, Garage(s)
  • Construction Materials: Cedar, Shake Siding
  • Exterior Features: Extensive Hardscape, Exterior Lighting, Outbuilding(s), Secure Storage, Underground Lawn Sprinkler, Water Falls
  • View: Panoramic, River, Scenic Vista, Water
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Personal Watercraft (PWC), Private Access, Sail, Swimming Allowed, Waterski/Wakeboard
  • 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: 100

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Additional Storage Area, Garage - Front Entry
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Detached Garage, Driveway
  • Number of Spaces in Driveway: 5

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector
  • 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: JONES
  • Middle School: SEVERNA PARK
  • High School: SEVERNA PARK
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121140671932
  • School District Source: 3rd Party
  • Elementary School: JONES
  • High School: SEVERNA PARK
  • Middle Or Junior School: SEVERNA PARK

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 175700.00
  • Land Assessed Value: 717700.00
  • Land Use Code: 011
  • Lot Features: Front Yard, Landscaping, Level, No Thru Street, Premium, Rear Yard, Rip-Rapped, Sideyard(s)
  • Lot Size Acres: 0.46
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 20038.00
  • Outdoor Living Structures: Deck(s), Enclosed, Screened, Porch(es)
  • Year Assessed: 2020
  • Zoning: R2
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15235811
  • Tax Annual Amount: 9651.00
  • Assessor Parcel Number: 020353022878805
  • Tax Lot: 35
  • Tax Total Finished Sq Ft: 3137
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 07/15/2020

Multi Family

  • Mean Low Water Feet: 4
  • Waterfront Features: Private Dock Site, Rip-Rap

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2020
Closed on
Jul 15, 2020
Sold by
Veccia Susan and Susan Veccia Trust
Bought by
Mclay Andrew G and Mclay Stefanie S
Seller's Agent
David Orso
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Carol Snyder
Monument Sotheby's International Realty
List Price
$1,350,000
Sold Price
$1,365,000
Premium/Discount to List
$15,000
1.11%
Current Estimated Value
$1,766,701

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$401,701
Avg. Annual Appreciation
5.01%
Original Mortgage
$510,400
Outstanding Balance
$452,589
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$1,314,112

Purchase Details

Closed on
Dec 19, 2006
Sold by
Pelham Isobel W
Bought by
Veccia Susan

Purchase Details

Closed on
Dec 12, 2006
Sold by
Pelham Isobel W
Bought by
Veccia Susan

Purchase Details

Closed on
Nov 30, 2006
Sold by
Pelham Peter D
Bought by
Pelham Isobel W and Feldman Jerome I

Purchase Details

Closed on
Aug 8, 2006
Sold by
Pelham Peter D
Bought by
Pelham Isobel W and Feldman Jerome I
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
Mclay Andrew G $1,365,000 Homeland Title & Escrow Ltd
Veccia Susan $1,175,000 --
Veccia Susan $1,175,000 --
Pelham Isobel W -- --
Pelham Isobel W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mclay Andrew G $510,400
Closed Mclay Andrew G $318,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2020 07/15/20 Sold $1,365,000 +1.1% $435 / Sq Ft
05/23/2020 05/23/20 Pending -- -- --
05/21/2020 05/21/20 For Sale $1,350,000 -- $430 / 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 $12,576 $1,312,633 -- --
2024 $12,576 $996,900 $745,300 $251,600
2023 $11,023 $1,004,533 $0 $0
2022 $10,211 $948,967 $0 $0
2021 $19,783 $893,400 $717,700 $175,700
2020 $8,883 $893,400 $717,700 $175,700
2019 $17,259 $893,400 $717,700 $175,700
2018 $9,529 $939,700 $717,700 $222,000
2017 $8,129 $867,400 $0 $0
2016 -- $795,100 $0 $0
2015 -- $722,800 $0 $0
2014 -- $722,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA433410

Bright MLS

APN: 03-530-22878805