NOT LISTED FOR SALE

40 Sunset Dr Severna Park, MD 21146

Estimated Value: $653,359 - $721,000

3 Beds
2 Baths
1,659 Sq Ft
$418/Sq Ft Est. Value

Last Sold November 17, 2015

Last sale price $455,500 $275 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $4,116/month

Highlights

  • Boat or Launch Ramp
  • Home fronts navigable water
  • Sandy Beach
  • Folger McKinsey Elementary at Chesapeake Bay Middle School Rated A-
  • Water Access
  • Stream or River on Lot

About This Home

As of November 2015

Beautiful 3 BD, 2 BA rancher complete with 1 car garage in water-privileged Cape Arthur! Fantastic location & highly sought-after Severna Park school system! Enjoy the outdoors from your screened porch or the generous backyard with patio area. Community offers a beach, slips, & boat ramp for access to the Magothy River & beyond.

Last Agent to Sell the Property

Dee Dee Miller

(443) 995-2297 deedee@lnf.com Long & Foster Real Estate, Inc. License #527281 Listed on: 09/22/2015

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Jennifer Chino

(410) 941-7009 jennifer.chino@compass.com Compass

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,581

Year Built

  • Built in 1960

Lot Details

  • 0.32 Acre Lot
  • Home fronts navigable water
  • Sandy Beach
  • Property is zoned R5

Parking

  • 1 Car Attached Garage
  • Off-Street Parking

Home Design

  • Raised Ranch Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 2 Levels
  • Ceiling Fan
  • 2 Fireplaces
  • Combination Dining and Living Room
  • Attic Fan

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Improved Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Connecting Stairway
  • Rear and Side Entry

Outdoor Features

  • Water Access
  • River Nearby
  • Boat or Launch Ramp
  • Stream or River on Lot

Utilities

  • Central Air
  • Baseboard Heating
  • Natural Gas Water Heater
  • Public Septic

Community Details

  • Property has a Home Owners Association
  • Cape Arthur Subdivision

Listing and Financial Details

  • Tax Lot 222
  • Assessor Parcel Number 020316034222720

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,581

Year Built

Built in 1960

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Raised Ranch/Rambler
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Area, Dining Area, Kitchen - Table Space, Combination Dining/Living
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Entry Location: Living Room
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Outside Entrance, Connecting Stairway, Rear Entrance, Side Entrance, Full, Improved, Walkout Level, Walkout Stairs
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Construction Materials: Brick
  • Pool Private: No
  • Water Access: Yes
  • Water Body Name: MAGOTHY RIVER
  • Water Body Type: River
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Garage
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street, Attached Garage

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s), Attic Fan
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Septic
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 191300.00
  • Land Assessed Value: 222500.00
  • Lot Size Acres: 0.32
  • Lot Size Area: 14000
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 14000.00
  • Property Attached Yn: No
  • Zoning: R5

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15209912
  • Tax Annual Amount: 4580.83
  • Assessor Parcel Number: 020316034222720
  • Tax Lot: 222
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015

Multi Family

  • Dock Slip Conveyance: None Available
  • Waterfront Features: Boat/Launch Ramp, Sandy Beach

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 21, 2019
Sold by
Bowman Jamie H and Bowman Karoline J
Bought by
Bowman Karoline J and Bowman James H
Current Estimated Value
$693,840

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,500
Outstanding Balance
$373,451
Interest Rate
3.6%
Estimated Equity
$320,389

Purchase Details

Listed on
Sep 22, 2015
Closed on
Nov 17, 2015
Sold by
Deangelis Nicholas W
Bought by
Bowman Jamie H and Bowman Karoline J
Seller's Agent
Dee Dee Miller
Long & Foster Real Estate, Inc.
Buyer's Agent
Jennifer Chino
Compass
List Price
$450,000
Sold Price
$455,500
Premium/Discount to List
$5,500
1.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.32%
Original Mortgage
$447,249
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 11, 2008
Sold by
Choulis Gary M
Bought by
Deangelis Nicholas W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,250
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 29, 2008
Sold by
Choulis Gary M
Bought by
Deangelis Nicholas W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,250
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 13, 1995
Sold by
Hein Kenneth D
Bought by
Choulis Gary M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,000
Interest Rate
9.18%
Source: Public Records

Range of Values:

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Average Value
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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
Bowman Karoline J -- Homeland Title & Escrow Ltd
Bowman Jamie H $455,500 Title Resources Guaranty Co
Deangelis Nicholas W $375,000 --
Deangelis Nicholas W $375,000 --
Choulis Gary M $177,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bowman Karoline J $424,500
Previous Owner Bowman Jamie H $447,249
Previous Owner Deangelis Nicholas W $356,250
Previous Owner Deangelis Nicholas W $356,250
Previous Owner Choulis Gary M $97,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/17/2015 11/17/15 Sold $455,500 +1.2% $275 / Sq Ft
09/22/2015 09/22/15 Pending -- -- --
09/22/2015 09/22/15 For Sale $450,000 -- $271 / 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 $5,727 $541,700 -- --
2024 $5,727 $505,300 $270,000 $235,300
2023 $5,589 $502,133 $0 $0
2022 $5,239 $498,967 $0 $0
2021 $10,304 $495,800 $270,000 $225,800
2020 $5,004 $470,800 $0 $0
2019 $9,567 $445,800 $0 $0
2018 $4,267 $420,800 $230,000 $190,800
2017 $4,647 $418,467 $0 $0
2016 -- $416,133 $0 $0
2015 -- $413,800 $0 $0
2014 -- $411,867 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001287339

Bright MLS

APN: 03-160-34222720