Estimated Value: $574,748 - $589,000
5
Beds
3
Baths
1,880
Sq Ft
$309/Sq Ft
Est. Value
Highlights
- No HOA
- Central Middle School Rated A-
- Central Heating and Cooling System
About This Home
As of July 2022*** PRICE ADJUSTMENT *** Welcome to your new home! This gem boasts 5 bedrooms and 3 full baths with an In-Law suite equipped with it’s own HVAC system! Very spacious fenced in backyard with a wood deck that flows onto an extra large patio! Perfect for entertaining! No HOA! Located just off of South River/Chesapeake Bay, there are plenty of beaches, fishing spots, or just being near the water! Boat slips available for boat owners. Minutes away from retail stores and restaurants. Just 10 minutes from downtown Annapolis, Annapolis Mall & Naval Academy. Conveniently located with quick access to route 50 and 97. Easy commute to DC, Baltimore, VA, and Eastern Shore. Comes and see for yourself! Don’t let this great home in such a prime location pass you by!!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,222
Year Built
- Built in 1971
Lot Details
- 0.29 Acre Lot
- Property is zoned R5
Parking
- Driveway
Home Design
- Split Level Home
- Vinyl Siding
Interior Spaces
- 1,880 Sq Ft Home
- Property has 2 Levels
- Finished Basement
Bedrooms and Bathrooms
Utilities
- Central Heating and Cooling System
- Well
- Natural Gas Water Heater
Community Details
- No Home Owners Association
- Riva Farms Subdivision
Listing and Financial Details
- Tax Lot 88
- Assessor Parcel Number 020265406466905
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 22, 2022
Closed on
Jul 14, 2022
Sold by
Frank Hong
Bought by
Holt Robert R
Seller's Agent
Fred Nguyen
Real Broker, LLC
Buyer's Agent
David Webber
RE/MAX Leading Edge
List Price
$550,000
Sold Price
$495,000
Premium/Discount to List
-$55,000
-10%
Total Days on Market
84
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,687
Avg. Annual Appreciation
6.02%
Original Mortgage
$295,000
Outstanding Balance
$282,974
Interest Rate
5.23%
Mortgage Type
New Conventional
Estimated Equity
$302,821
Purchase Details
Closed on
Feb 3, 2011
Sold by
Howard Ronald
Bought by
Hong Frank
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
4.82%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 19, 2011
Sold by
Howard Ronald
Bought by
Hong Frank
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
4.82%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 1, 2004
Sold by
Howard Ronald S
Bought by
Howard Joan
Similar Homes in Riva, MD
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Holt Robert R | $495,000 | Crown Title | |
| Hong Frank | $265,000 | -- | |
| Hong Frank | $265,000 | -- | |
| Howard Joan | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Holt Robert R | $100,000 | |
| Open | Holt Robert R | $295,000 | |
| Previous Owner | Hong Frank | $212,000 | |
| Previous Owner | Hong Frank | $212,000 | |
| Previous Owner | Howard Joan M | $85,000 | |
| Previous Owner | The Joan Howard Revocable Living Trust | $40,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/15/2022 07/15/22 | Sold | $495,000 | -1.0% | $263 / Sq Ft |
| 06/11/2022 06/11/22 | Price Changed | $499,999 | -2.0% | $266 / Sq Ft |
| 04/21/2022 04/21/22 | Price Changed | $510,000 | -1.9% | $271 / Sq Ft |
| 04/13/2022 04/13/22 | Price Changed | $520,000 | -1.9% | $277 / Sq Ft |
| 04/05/2022 04/05/22 | Price Changed | $530,000 | -3.6% | $282 / Sq Ft |
| 03/22/2022 03/22/22 | For Sale | $550,000 | -- | $293 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $4,731 | $401,533 | $0 | $0 |
| 2023 | $4,589 | $376,900 | $225,500 | $151,400 |
| 2022 | $3,980 | $374,167 | $0 | $0 |
| 2021 | $7,831 | $371,433 | $0 | $0 |
| 2020 | $3,813 | $368,700 | $225,500 | $143,200 |
| 2019 | $7,312 | $353,700 | $0 | $0 |
| 2018 | $3,434 | $338,700 | $0 | $0 |
| 2017 | $3,458 | $323,700 | $0 | $0 |
| 2016 | -- | $311,267 | $0 | $0 |
| 2015 | -- | $298,833 | $0 | $0 |
| 2014 | -- | $286,400 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Fred Nguyen
Seller's Agent in 2022
Fred Nguyen
Real Broker, LLC
(301) 331-9989
1 in this area
44 Total Sales
-
David Webber
Buyer's Agent in 2022
David Webber
RE/MAX
(410) 721-9600
2 in this area
170 Total Sales
Map
Source: Bright MLS
MLS Number: MDAA2027078
APN: 02-654-06466905
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