NOT LISTED FOR SALE

403 University Dr Severn, MD 21144

Estimated Value: $796,000 - $873,644

5 Beds
6 Baths
5,000 Sq Ft
$169/Sq Ft Est. Value

Last Sold November 05, 2021

Last sale price $748,000 $150 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $5,302/month

6 Days on Market

Highlights

  • Home Theater
  • 0.36 Acre Lot
  • Colonial Architecture
  • Gourmet Kitchen
  • Open Floorplan
  • Wood Flooring

About This Home

As of November 2021

Imagine there is a pandemic and you can't go to the gym and you've gained the COVID-19 pounds. You also can't go to the movies or even go dancing ?. Maybe you have to work from home and need an office space to work from in peace but you don't have a space like that in your current situation. Well look no more because this house literally has all of that. A gym area for all your weights waiting for your weight to just melt away. A movie theater for you and your loved one with a wet bar for movies snack and popcorn. A complete dance floor with juke box. A walk out basement with an art studio, office, or playroom. An extra bedroom in the basement with a full bath for guests and family. That's all just in the basement!!! Then there is the top two floors freshly painted with new roof, HVAC, water heater and sump pump. This house is a pandemic proof house waiting for you!

Last Agent to Sell the Property

James Nicholson

Keller Williams Realty Centre License #670998 Listed on: 10/09/2021

Keller Williams Realty Centre

Last Buyer's Agent

Michael Makinde

Samson Properties License #648475

Samson Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,037

Year Built

  • Built in 2004

Lot Details

  • 0.36 Acre Lot
  • North Facing Home
  • Property is Fully Fenced
  • Property is zoned R2

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Colonial Architecture
  • Permanent Foundation
  • Architectural Shingle Roof
  • Asphalt Roof
  • Aluminum Siding
  • Brick Front

Interior Spaces

  • 5,000 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Wet Bar
  • Bar
  • Chair Railings
  • Crown Molding
  • Wainscoting
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • 2 Fireplaces
  • Window Treatments
  • Entrance Foyer
  • Family Room Off Kitchen
  • Living Room
  • Formal Dining Room
  • Home Theater
  • Den
  • Game Room
  • Home Gym
  • Intercom
  • Attic

Kitchen

  • Gourmet Kitchen
  • Breakfast Room
  • Kitchen Island
  • Upgraded Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Soaking Tub
  • Solar Tube

Finished Basement

  • Walk-Up Access
  • Exterior Basement Entry
  • Sump Pump

Eco-Friendly Details

  • Cooling system powered by solar connected to the grid
  • Heating system powered by active solar

Outdoor Features

  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Propane
  • Natural Gas Water Heater
  • Satellite Dish

Community Details

  • Cayuga Farm Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 020413890215369

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,037

Year Built

Built in 2004

Lot Details

0

HOA Fees

$33 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2021-10-11
  • Federal Flood Zone: No
  • Year Built: 2004
  • Automatically Close On Close Date: No
  • Remarks Public: Imagine there is a pandemic and you can't go to the gym and you've gained the COVID-19 pounds. You also can't go to the movies or even go dancing ☹. Maybe you have to work from home and need an office space to work from in peace but you don't have a space like that in your current situation. Well look no more because this house literally has all of that. A gym area for all your weights waiting for your weight to just melt away. A movie theater for you and your loved one with a wet bar for movies snack and popcorn. A complete dance floor with juke box. A walk out basement with an art studio, office, or playroom. An extra bedroom in the basement with a full bath for guests and family. That's all just in the basement!!! Then there is the top two floors freshly painted with new roof, HVAC, water heater and sump pump. This house is a pandemic proof house waiting for you!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Attic, Bar, Breakfast Area, Carpet, Ceiling Fan(s), Chair Railings, Combination Kitchen/Dining, Combination Kitchen/Living, Crown Moldings, Dining Area, Family Room Off Kitchen, Floor Plan - Open, Formal/Separate Dining Room, Intercom, Kitchen - Gourmet, Kitchen - Island, Primary Bath(s), Pantry, Recessed Lighting, Skylight(s), Soaking Tub, Solar Tube(s), Store/Office, Upgraded Countertops, Wainscotting, Walk-In Closet(s), Wet/Dry Bar, Window Treatments, Wood Floors
  • Window Features: Skylights
  • Fireplaces Count: 2
  • Foundation Details: Permanent
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Game Room, Family Room, Den, Foyer, Breakfast Room, Exercise Room, Media Room, Bathroom 2, Bathroom 3, Primary Bathroom, Full Bath, Half Bath
  • Basement: Yes
  • Basement Type: Fully Finished, Outside Entrance, Sump Pump, Walkout Stairs
  • Total Sq Ft: 5000
  • Living Area Sq Ft: 5000
  • Price Per Sq Ft: 149.60
  • Above Grade Finished Sq Ft: 5000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 403

Beds/Baths

  • Bedrooms: 5
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 6
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Lower Levels Bathrooms: 2
  • Upper Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 2.00
  • Upper Level Full Bathrooms: 3
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1
  • Lower Level Half Bathroom: 1
  • Lower Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding, Brick, Brick Front
  • Exterior Features: Exterior Lighting, Satellite Dish
  • Roof: Asphalt, Architectural 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
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage - Front Entry, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Solar On Grid
  • Heating Fuel: Natural Gas, Electric
  • Heating Type: Solar - Active, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Natural Gas Available, Electric Available, Propane
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 400.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • 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
  • Fencing: Fully
  • Improvement Assessed Value: 476500.00
  • Land Assessed Value: 155200.00
  • Land Use Code: 011
  • Lot Size Acres: 0.36
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15553.00
  • Year Assessed: 2021
  • Zoning: R2
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15346832
  • Tax Annual Amount: 7037.00
  • Assessor Parcel Number: 020413890215369
  • Tax Lot: 2
  • Tax Page Number: 21
  • Tax Total Finished Sq Ft: 4808
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 11/05/2021

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2021
Closed on
Nov 8, 2021
Sold by
Broome Patricia M and Broome Eric D
Bought by
Ojo Adekunle A and Ojo Fausat Oluremi
Seller's Agent
James Nicholson
Keller Williams Realty Centre
Buyer's Agent
Michael Makinde
Samson Properties
List Price
$748,000
Sold Price
$748,000
Current Estimated Value
$846,161

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,161
Avg. Annual Appreciation
3.04%
Original Mortgage
$748,000
Outstanding Balance
$687,409
Interest Rate
3.05%
Mortgage Type
VA
Estimated Equity
$150,894

Purchase Details

Listed on
Sep 24, 2019
Closed on
Nov 4, 2019
Sold by
Sadat Razia and Ahmadsha Gurbata Michelle
Bought by
Broome Patricia M and Broome Eric D
Seller's Agent
Colin Gunderson
KW Metro Center
Buyer's Agent
James Nicholson
Keller Williams Realty Centre
List Price
$610,000
Sold Price
$610,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.62%
Original Mortgage
$586,875
Interest Rate
3.6%
Mortgage Type
VA

Purchase Details

Closed on
Jan 18, 2007
Sold by
Sadat Jacob
Bought by
Sadat Razia

Purchase Details

Closed on
Jan 12, 2007
Sold by
Sadat Jacob
Bought by
Sadat Razia

Purchase Details

Closed on
Sep 15, 2004
Sold by
New Cut Road Llc
Bought by
Sadat Jacob and Sadat Assadullah
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
Ojo Adekunle A $748,000 Cardinal Title Group Llc
Broome Patricia M $610,000 Universal Title
Sadat Razia $561,000 --
Sadat Razia $561,000 --
Sadat Jacob $729,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ojo Adekunle A $748,000
Previous Owner Broome Patricia M $579,314
Previous Owner Broome Patricia M $586,875
Closed Sadat Jacob --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2021 11/05/21 Sold $748,000 0.0% $150 / Sq Ft
10/09/2021 10/09/21 For Sale $748,000 +22.6% $150 / Sq Ft
10/30/2019 10/30/19 Sold $610,000 0.0% $127 / Sq Ft
10/05/2019 10/05/19 Pending -- -- --
09/26/2019 09/26/19 For Sale $610,000 -- $127 / 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 $7,913 $764,100 $195,900 $568,200
2024 $7,913 $724,500 $0 $0
2023 $7,218 $684,900 $0 $0
2022 $7,174 $645,300 $180,900 $464,400
2021 $861 $640,767 $0 $0
2020 $7,042 $636,233 $0 $0
2019 $13,688 $631,700 $155,200 $476,500
2018 $6,279 $619,233 $0 $0
2017 $6,486 $606,767 $0 $0
2016 -- $594,300 $0 $0
2015 -- $594,300 $0 $0
2014 -- $594,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA2011860

Bright MLS

APN: 04-138-90215369