NOT LISTED FOR SALE

401 University Dr Severn, MD 21144

Estimated Value: $776,000 - $813,619

5 Beds
3.5 Baths
4,248 Sq Ft
$187/Sq Ft Est. Value

Last Sold February 24, 2023

Last sale price $750,000 $177 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $5,003/month

42 Days on Market

Highlights

  • 0.37 Acre Lot
  • Colonial Architecture
  • Breakfast Area or Nook
  • Open Floorplan
  • 1 Fireplace
  • Built-In Features

About This Home

As of February 2023

Fully upgraded, 2 Car Garage, A Model house. Modern Kitchen with soft closed cabinets, Quartz Countertops New Appliances, Modern Bathrooms Features. Fine Wood Floors, Prime comfort carpets, Upgraded chandeliers & LED Recessed lights, Vanities, New Washer & Dryer, Finished basement With Bedroom & Full Bath. Patio paver completed for outdoor living space, Solar panel system installed, finished Garage walls & Flooring.
This spectacular property is Minutes away from Arundel Mills Mall Shopping Center, Casino, Community College, Restaurants & Shopping & Parks nearby.

Beautiful Neighborhood & Great Schools Rating. Modern luxury home in the market, Its one of a kind with all the upgraded features. It’s a great house for Sale in the area, It’s a Hidden Gem to discover.

Last Agent to Sell the Property

Ardeshir Behdad

BKI Group, LLC. License #0225035176 Listed on: 12/12/2022

Last Buyer's Agent

Ali Raza

Taylor Properties

Taylor Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,069

Year Built

  • Built in 2004

Lot Details

  • 0.37 Acre Lot
  • Property is in very good condition
  • Property is zoned R2

HOA Fees

  • $38 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Side Facing Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Built-In Features
  • Vinyl Wall or Ceiling
  • Brick Wall or Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Finished Basement

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Oven
  • Stove
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • Public Septic

Community Details

  • Cayuga Farm HOA
  • Cayuga Farm Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 020413890215368

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,069

Year Built

Built in 2004

Lot Details

0

HOA Fees

$38 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2022-12-14
  • Federal Flood Zone: No
  • Year Built: 2004
  • Automatically Close On Close Date: No
  • Remarks Public: Fully upgraded, 2 Car Garage, A Model house. Modern Kitchen with soft closed cabinets, Quartz Countertops New Appliances, Modern Bathrooms Features. Fine Wood Floors, Prime comfort carpets, Upgraded chandeliers & LED Recessed lights, Vanities, New Washer & Dryer, Finished basement With Bedroom & Full Bath. Patio paver completed for outdoor living space, Solar panel system installed, finished Garage walls & Flooring. This spectacular property is Minutes away from Arundel Mills Mall Shopping Center, Casino, Community College, Restaurants & Shopping & Parks nearby. Beautiful Neighborhood & Great Schools Rating. Modern luxury home in the market, Its one of a kind with all the upgraded features. It’s a great house for Sale in the area, It’s a Hidden Gem to discover.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Refrigerator, Icemaker, Washer, Stove, Oven - Single
  • Interior Amenities: Breakfast Area, Built-Ins, Ceiling Fan(s), Floor Plan - Open, Kitchen - Eat-In, Kitchen - Island, Walk-In Closet(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Brick, Vinyl
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 4550
  • Living Area Sq Ft: 4248
  • Price Per Sq Ft: 246.52
  • Above Grade Finished Sq Ft: 3042
  • Below Grade Finished Sq Ft: 1206
  • Below Grade Sq Ft: 302
  • Total Below Grade Sq Ft: 1508
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 401

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Combination
  • Roof: Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

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

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Septic, Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 450.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Name: CAYUGA FARM HOA
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
  • School District Key: 121140671932
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Improvement Assessed Value: 366200.00
  • Land Assessed Value: 181900.00
  • Land Use Code: R
  • Lot Size Acres: 0.37
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15974.00
  • Property Condition: Very Good
  • Year Assessed: 2022
  • Zoning: R2
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 15346831
  • Tax Annual Amount: 6069.00
  • Assessor Parcel Number: 020413890215368
  • Tax Lot: 1
  • Tax Total Finished Sq Ft: 4248
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 02/24/2023

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2022
Closed on
Feb 24, 2023
Sold by
Villa Building Group Llc
Bought by
Iqbal Salman
Seller's Agent
Ardeshir Behdad
BKI Group, LLC.
Buyer's Agent
Ali Raza
Taylor Properties
List Price
$749,900
Sold Price
$750,000
Premium/Discount to List
$100
0.01%
Views
244
Current Estimated Value
$795,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,405
Avg. Annual Appreciation
2.09%
Original Mortgage
$712,500
Outstanding Balance
$692,333
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$97,688

Purchase Details

Listed on
Jul 9, 2022
Closed on
Oct 6, 2022
Sold by
Hsbc Bank Usa Na
Bought by
Villa Building Group Llc
Seller's Agent
Butch Groom
Keller Williams Flagship
Buyer's Agent
Ardeshir Behdad
BKI Group, LLC.
List Price
$675,000
Sold Price
$578,000
Premium/Discount to List
-$97,000
-14.37%
Views
34

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
106.19%
Original Mortgage
$496,900
Interest Rate
6.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 2020
Sold by
Strickland Patricia A and Strickland Carl L
Bought by
Hsbc Bank Usa Na

Purchase Details

Closed on
Dec 30, 2010
Sold by
Strickland Carl L and Strickland Patricia A
Bought by
Strickland Patricia A

Purchase Details

Closed on
Jan 14, 2005
Sold by
New Cut Road Llc
Bought by
Strickland Carl L and Strickland Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.64%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 6, 2004
Sold by
New Cut Road Llc
Bought by
Strickland Carl L and Strickland Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,300
Interest Rate
5.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Iqbal Salman $750,000 Advantage Title Company
Villa Building Group Llc $578,000 Strategic National Title
Hsbc Bank Usa Na $459,000 None Available
Strickland Patricia A -- None Available
Strickland Carl L $624,360 --
Strickland Carl L $624,360 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Iqbal Salman $712,500
Previous Owner Villa Building Group Llc $496,900
Previous Owner Strickland Carl L $100,000
Previous Owner Strickland Carl L $424,300
Previous Owner Strickland Carl L $424,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2023 02/24/23 Sold $750,000 0.0% $177 / Sq Ft
12/12/2022 12/12/22 For Sale $749,900 +29.7% $177 / Sq Ft
10/14/2022 10/14/22 Sold $578,000 0.0% $190 / Sq Ft
09/15/2022 09/15/22 Pending -- -- --
09/08/2022 09/08/22 Off Market $578,000 -- --
08/26/2022 08/26/22 Price Changed $577,125 -5.0% $190 / Sq Ft
07/26/2022 07/26/22 Price Changed $607,500 -10.0% $200 / Sq Ft
07/12/2022 07/12/22 For Sale $675,000 +16.8% $222 / Sq Ft
07/09/2022 07/09/22 Off Market $578,000 -- --
07/09/2022 07/09/22 For Sale $675,000 -- $222 / 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 $7,574 $694,600 $196,900 $497,700
2024 $7,574 $645,767 $0 $0
2023 $6,992 $596,933 $0 $0
2022 $6,158 $548,100 $181,900 $366,200
2021 $12,206 $542,833 $0 $0
2020 $5,875 $537,567 $0 $0
2019 $11,301 $532,300 $155,900 $376,400
2018 $5,283 $521,033 $0 $0
2017 $5,363 $509,767 $0 $0
2016 -- $498,500 $0 $0
2015 -- $498,500 $0 $0
2014 -- $498,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA2050228

Bright MLS

APN: 04-138-90215368