NOT LISTED FOR SALE

399 Valley Stream Rd Severna Park, MD 21146

Estimated Value: $870,000 - $948,000

4 Beds
2 Baths
2,260 Sq Ft
$406/Sq Ft Est. Value

Last Sold October 12, 2021

Last sale price $710,000 $314 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $5,555/month

Highlights

  • 220 Feet of Waterfront
  • Pier
  • 0.79 Acre Lot
  • 2 Dock Slips
  • River View
  • Coastal Architecture

About This Home

As of October 2021

If you are looking for an opportunity to create your own Severna Park waterfront estate, this property is a must see for you! The property provides a very private, waterfront park like setting with massive open space, expansive water and views. The waterfront lot sits on a point with water frontage on 2 sides and a wonderful envelope ready to be improved to your plans and specifications. All of the heavy lifting in a major waterfront renovation has been completed. The property comes complete with a new dock and bulkhead with new surrounding stone seawall along the southern and eastern sides of the waterfrontage, 2017 new septic system, new Weather Master custom windows throughout including the enclosed sunporch, exterior new paint including siding, brick, and trim, new exterior shutters, new gutters with gutter guards, and upgraded custom wood garage door, The interior demo is 90% complete. New kitchen cabinets are on site, in their boxes ready, for installation. Make your dreams come true and call today! This property is being sold as-is. The furnace is nonfunctional.

Last Agent to Sell the Property

Deborah Kennedy

(410) 458-1630 deborah.kennedy@evrealestate.com Engel & Völkers Annapolis License #534466 Listed on: 09/20/2021

Engel & Völkers Annapolis

Co-Listed By

Lisa Lebow

(410) 218-4713 lisa.lebow@evrealestate.com Engel & Völkers Ocean City

Last Buyer's Agent

Luke Moeller

luke.w.moeller@gmail.com Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,163

Year Built

  • Built in 1961

Lot Details

  • 0.79 Acre Lot
  • 220 Feet of Waterfront
  • Home fronts navigable water
  • Landscaped
  • Private Lot
  • Secluded Lot
  • Partially Wooded Lot
  • Back and Front Yard
  • Property is zoned OS

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Coastal Architecture
  • Rambler Architecture
  • Cottage
  • Fixer Upper
  • Brick Exterior Construction
  • Permanent Foundation
  • Asphalt Roof

Interior Spaces

  • Property has 2 Levels
  • Brick Wall or Ceiling
  • 1 Fireplace
  • Casement Windows
  • Window Screens
  • French Doors
  • Family Room
  • Living Room
  • Dining Room
  • River Views
  • Storm Windows
  • Laundry Room

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom

Basement

  • Exterior Basement Entry
  • Natural lighting in basement

Outdoor Features

  • Pier
  • Water Access
  • River Nearby
  • Physical Dock Slip Conveys
  • 2 Dock Slips
  • 2 Powered Boats Permitted
  • 2 Non-Powered Boats Permitted
  • Enclosed Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Electric Water Heater
  • Septic Tank
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Riverdale Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 020369213273100

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,163

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Cottage, Ranch/Rambler
  • Ownership: Fee Simple
  • Exclusions: Stacked Washer and Dryer
  • Historic: No
  • Home Warranty: No
  • Inclusions: Brand new white cabinets (on site, in boxes ready to be installed).
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Expected On Market: 2021-09-24
  • Federal Flood Zone: No
  • Year Built: 1961
  • Automatically Close On Close Date: No
  • Building Winterized: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Window Features: Casement, Screens, Storm
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: French
  • Wall Ceiling Types: Brick, Dry Wall
  • Foundation Details: Permanent
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Family Room, Laundry
  • Basement: Yes
  • Basement Type: Outside Entrance, Daylight, Full
  • Total Sq Ft: 2860
  • Living Area Sq Ft: 2260
  • Price Per Sq Ft: 499.23
  • Above Grade Finished Sq Ft: 1300
  • Below Grade Finished Sq Ft: 960
  • Below Grade Sq Ft: 600
  • Total Below Grade Sq Ft: 1560
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Combination, Brick
  • Roof: Asphalt
  • View: Water, River
  • Water Access: Yes
  • Water Body Name: OLD MAN CREEK/MAGOTHY RIVER
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 220

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Attached Garage

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Utilities: Cable Tv Available, Electric Available, Phone Available
  • Water Source: Public

Condo/Co-op/Association

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

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 181700.00
  • Land Assessed Value: 519300.00
  • Lot Features: Landscaping, Partly Wooded, Private, Front Yard, Rear Yard, Secluded
  • Lot Size Acres: 0.79
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 34368.00
  • Outdoor Living Structures: Patio(s), Enclosed, Porch(es)
  • Property Condition: Major Rehab Needed
  • Soil Types: Sandy
  • Zoning: OS
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15244091
  • Tax Annual Amount: 7163.00
  • Assessor Parcel Number: 020369213273100
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2021
Closed on
Oct 12, 2021
Sold by
Adkisson Kathryn and Adkisson Gregory H
Bought by
Weaver David and De Jongh Shanti
Seller's Agent
Deborah Kennedy
Engel & Völkers Annapolis
Buyer's Agent
Luke Moeller
Compass
List Price
$649,000
Sold Price
$710,000
Premium/Discount to List
$61,000
9.4%
Current Estimated Value
$917,969

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,969
Avg. Annual Appreciation
6.55%
Original Mortgage
$500,000
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 10, 2005
Sold by
Hartman John F
Bought by
Adkisson Gregory H and Adkisson Kathryn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$610,000
Interest Rate
4.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Weaver David $710,000 Atg Title Inc
Adkisson Gregory H $762,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Weaver David $500,000
Previous Owner Adkisson Gregory H $610,000
Previous Owner Adkisson Gregory H $76,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/12/2021 10/12/21 Sold $710,000 +9.4% $314 / Sq Ft
09/27/2021 09/27/21 Pending -- -- --
09/20/2021 09/20/21 For Sale $649,000 0.0% $287 / Sq Ft
03/20/2014 03/20/14 Rented $3,000 0.0% --
03/20/2014 03/20/14 Under Contract -- -- --
01/24/2014 01/24/14 For Rent $3,000 -- --
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 $8,894 $789,933 -- --
2024 $8,894 $766,400 $549,300 $217,100
2023 $8,605 $744,600 $0 $0
2022 $7,984 $722,800 $0 $0
2021 $7,756 $701,000 $519,300 $181,700
2020 $7,253 $656,367 $0 $0
2019 $6,792 $611,733 $0 $0
2018 $5,750 $567,100 $386,800 $180,300
2017 $5,983 $556,200 $0 $0
2016 -- $545,300 $0 $0
2015 -- $534,400 $0 $0
2014 -- $534,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA2010552

Bright MLS

APN: 03-692-13273100