NOT LISTED FOR SALE

389 South Dr Severna Park, MD 21146

Estimated Value: $1,687,000 - $2,005,088

5 Beds
4.5 Baths
3,982 Sq Ft
$476/Sq Ft Est. Value

Last Sold February 01, 2024

Last sale price $2,000,000 $502 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $11,300/month

59 Days on Market

Highlights

  • Boathouse
  • 100 Feet of Waterfront
  • Parking available for a boat
  • Folger McKinsey Elementary at Chesapeake Bay Middle School Rated A-
  • Private Dock Site
  • Access to Tidal Water

About This Home

As of February 2024

A must see, once in a lifetime opportunity to own a meticulously maintained,
waterfront property on the merge of Cattail Creek and Magothy River. Nearly half
an acre with large yard, mature trees and gorgeous landscaping. This property
has 100 feet of DEEP water frontage PLUS completely rebuilt, coveted
boathouse, deck with entertaining area and finger piers with 3 slips. These
historic Chesapeake structures can no longer be built. The project also included
raising the entire structure to protect it from flooding in high tides. Water and
electric service exist to the dock and boathouse. A perfect setting for the ultimate
crab feast.
The main house, built in 1920, has all the charm typically reserved for downtown
Annapolis, with all the modern amenities for today’s needs. The home is tucked
away on a quiet street, but within minutes of everything Severna Park has to
offer. You will find two full baths & three bedrooms on the upper level, all with
water views, and a main floor ensuite bedroom, as well. (Be sure to check out all
the great closet space!) You will also find a library/sitting area on the upper
level, also with water views. There is a stacked washer & dryer on the upper level and full size
washer & dryer in the dry basement. The home boasts hardwood floors throughout, with
original, character rich, wood on the first floor.
The kitchen has all newer (2021) appliances, and is next to the large dining area.
You will also find a cozy gas fireplace with stone surround and slate hearth in the
living area. If you aren’t mesmerized by the 180° views across the back of the
house you will find a casual dining area and family room with direct access to a
large, partially covered waterfront deck. If you want to enjoy alfresco dining, there
is also a stone patio perched beautifully atop the property overlooking the water.
The huge undertaking of a complete garage renovation was finished in late 2022.
The 3 bay, tandem, two story storage garage became
incredible usable living space. Two vehicle garage parking remains in the front of
the lower level. In the back of the building, the first floor boasts an epic
living/office/work space. It includes high ceilings, built-in floor to ceiling wood
cabinetry, wet bar w/beverage fridge and a half bath. It has a private entry and
access to the yard with double doors leading to a small porch overlooking the
water. Enter the private access to the upper level you will find a living area,
kitchenette, full bath and bedroom. There is also a balcony deck overlooking the
water. The perfect retreat for yourself or guests!
A sailor’s dream and entertainer’s delight. Now is your chance to make this one-
of-a-kind property yours! Welcome Home.

Last Agent to Sell the Property

David Orso

Berkshire Hathaway HomeServices PenFed Realty License #631291 Listed on: 09/30/2023

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Carol Snyder

Monument Sotheby's International Realty License #632028

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,958

Year Built

  • Built in 1920

Lot Details

  • 0.45 Acre Lot
  • 100 Feet of Waterfront
  • Home fronts navigable water
  • Creek or Stream
  • Landscaped
  • Level Lot
  • Sprinkler System
  • Back and Front Yard

Parking

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

Property Views

  • Water
  • Garden

Home Design

  • Colonial Architecture
  • Permanent Foundation
  • Frame Construction

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Wet Bar
  • Ceiling Fan
  • Recessed Lighting
  • Wood Burning Fireplace
  • Fireplace Mantel
  • Gas Fireplace
  • Double Pane Windows
  • Insulated Windows
  • Double Hung Windows
  • Window Screens
  • French Doors
  • Insulated Doors
  • Entrance Foyer
  • Family Room
  • Sitting Room
  • Living Room
  • Dining Room
  • Den
  • Wood Flooring
  • Attic Fan
  • Basement

Kitchen

  • Country Kitchen
  • Breakfast Area or Nook
  • Electric Oven or Range
  • Cooktop
  • Built-In Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Access to Tidal Water
  • Canoe or Kayak Water Access
  • Private Water Access
  • Personal Watercraft
  • Sail
  • Bulkhead
  • Boathouse
  • Private Dock Site
  • Stream or River on Lot
  • Powered Boats Permitted
  • Lake Privileges
  • Deck
  • Exterior Lighting
  • Shed
  • Outbuilding
  • Wrap Around Porch

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Back Up Gas Heat Pump System
  • Heating System Powered By Leased Propane
  • Electric Water Heater
  • Grinder Pump

Additional Features

  • Energy-Efficient Windows
  • Property is near a creek

Listing and Financial Details

  • Tax Lot 34R
  • Assessor Parcel Number 020352090060825

Community Details

Overview

  • No Home Owners Association
  • $3 Other Monthly Fees
  • Lower Magothy Beach Subdivision

Amenities

  • Common Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,958

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Expected On Market: 2023-09-30
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Oven/Range - Electric, Refrigerator, Surface Unit, Washer, Water Heater
  • Flooring Type: Hardwood
  • Interior Amenities: Breakfast Area, Ceiling Fan(s), Entry Level Bedroom, Floor Plan - Open, Kitchen - Country, Primary Bath(s), Recessed Lighting, Upgraded Countertops, Walk-In Closet(s), Wet/Dry Bar, Window Treatments, Wood Floors
  • Window Features: Double Hung, Double Pane, Energy Efficient, Insulated, Screens
  • Fireplace Features: Mantel(s), Gas/Propane, Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: French, Insulated
  • Foundation Details: Permanent
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Sitting Room, Bedroom 3, Bedroom 4, Kitchen, Family Room, Foyer, Office, Bathroom 1, Bathroom 3, Primary Bathroom
  • Basement: Yes
  • Laundry Type: Has Laundry, Upper Floor
  • Total Sq Ft: 5318
  • Living Area Sq Ft: 3982
  • Price Per Sq Ft: 551.23
  • Above Grade Finished Sq Ft: 3982
  • Below Grade Sq Ft: 1336
  • Total Below Grade Sq Ft: 1336
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 389

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 2.00
  • Upper Level 2 Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2
  • Upper Level 2 Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed, Boat House, Garage(s)
  • Construction Materials: Frame
  • Exterior Features: Outbuilding(s), Underground Lawn Sprinkler, Lawn Sprinkler, Exterior Lighting, Boat Storage
  • View: Water, Garden/Lawn
  • Water Access Features: Private Access, Sail, Personal Watercraft (PWC), Canoe/Kayak, Boat - Powered
  • Water Access: Yes
  • Water Body Name: Cattail Creek
  • Water Body Type: Creek/Stream
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 100

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s), Multi Units, Central A/C, Ceiling Fan(s), Attic Fan, Zoned
  • Heating Fuel: Electric, Propane - Leased
  • Heating Type: Forced Air, Heat Pump - Gas Backup, Zoned
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer, Grinder Pump
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Water/Lake Privileges, Common Grounds
  • HOA: No
  • Senior Community: No

Fee Information

  • Other Fees: 40.00
  • Other Fees Frequency: Annually

Schools

  • School District: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
  • Elementary School: FOLGER MCKINSEY
  • 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: FOLGER MCKINSEY
  • High School: SEVERNA PARK
  • Middle Or Junior School: SEVERNA PARK

Lot Info

  • Additional Parcels: No
  • Land Use Code: R
  • Lot Features: Bulkheaded, Front Yard, Landscaping, Level, Rear Yard, Stream/Creek
  • Lot Size Acres: 0.45
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 19602.00
  • Outdoor Living Structures: Deck(s), Wrap Around, Porch(es)
  • Year Assessed: 2023
  • Zoning: R-1
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 9958.00
  • Assessor Parcel Number: 020352090060825
  • Tax Lot: 34R
  • Tax Total Finished Sq Ft: 2768
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 02/01/2024

Multi Family

  • Mean Low Water Feet: 8
  • 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
Sep 30, 2023
Closed on
Feb 1, 2024
Sold by
Ferguson Family Revocable Trust
Bought by
Frees Jonathan and Stein Emily
Seller's Agent
David Orso
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Carol Snyder
Monument Sotheby's International Realty
List Price
$2,395,000
Sold Price
$2,000,000
Premium/Discount to List
-$395,000
-16.49%
Views
348
Current Estimated Value
$1,897,029

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$102,971
Avg. Annual Appreciation
-1.65%
Original Mortgage
$1,600,000
Interest Rate
7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2022
Sold by
Ferguson Stuart W
Bought by
Ferguson Family Revocable Trust

Purchase Details

Listed on
Aug 22, 2019
Closed on
Nov 8, 2019
Sold by
Schellhase Robert O and Schellhase Joan E
Bought by
Ferguson Stuart W and Ferguson Rochelle M
Seller's Agent
George Mcdowell
Keller Williams Select Realtors of Annapolis
Buyer's Agent
David Orso
Berkshire Hathaway HomeServices PenFed Realty
List Price
$1,395,000
Sold Price
$1,275,000
Premium/Discount to List
-$120,000
-8.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.60%

Purchase Details

Closed on
Jan 6, 2004
Sold by
Schellhase Robert O
Bought by
Schellhase Robert O and Schellhase Joan E

Purchase Details

Closed on
Nov 21, 2003
Sold by
Schellhase Robert O
Bought by
Schellhase Robert O and Schellhase Joan E

Purchase Details

Closed on
Apr 3, 2003
Sold by
Schellhase Robert O
Bought by
Schellhase Robert O and Schellhase Joan E

Purchase Details

Closed on
Nov 7, 2002
Sold by
Schellhase Robert O
Bought by
Schellhase Robert O and Schellhase Joan E
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
Frees Jonathan $2,000,000 Eagle Title
Frees Jonathan $2,000,000 Eagle Title
Ferguson Family Revocable Trust -- --
Ferguson Stuart W $1,275,000 Eagle Title Llc
Schellhase Robert O -- --
Schellhase Robert O -- --
Schellhase Robert O -- --
Schellhase Robert O -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frees Jonathan $1,590,657
Closed Frees Jonathan $1,600,000
Previous Owner Ferguson Stuart W $1,020,000
Previous Owner Schellhase Robert O $375,000
Previous Owner Schellhase Robert O $379,000
Previous Owner Schellhase Robert O $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2024 02/01/24 Sold $2,000,000 -8.9% $502 / Sq Ft
11/01/2023 11/01/23 Price Changed $2,195,000 -8.4% $551 / Sq Ft
09/30/2023 09/30/23 For Sale $2,395,000 +87.8% $601 / Sq Ft
11/08/2019 11/08/19 Sold $1,275,000 -5.6% $461 / Sq Ft
09/28/2019 09/28/19 Pending -- -- --
09/07/2019 09/07/19 Price Changed $1,350,000 -3.2% $488 / Sq Ft
08/22/2019 08/22/19 For Sale $1,395,000 -- $504 / 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 $11,571 $1,288,267 -- --
2024 $11,571 $1,004,400 $649,300 $355,100
2023 $11,023 $962,367 $0 $0
2022 $10,088 $920,333 $0 $0
2021 $19,297 $878,300 $619,300 $259,000
2020 $9,425 $860,200 $0 $0
2019 $165 $842,100 $0 $0
2018 $165 $824,000 $566,800 $257,200
2017 $3,867 $800,100 $0 $0
2016 $165 $776,200 $0 $0
2015 $165 $752,300 $0 $0
2014 -- $752,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA2069678

Bright MLS

APN: 03-520-90060825