Seller's Agent in 2019
Steve Murphy
BHHS PenFed (actual)
(410) 404-4393
13 in this area
66 Total Sales
477 Fairoak Dr Severna Park, MD 21146
Estimated Value: $1,102,000 - $1,169,215
4
Beds
3.5
Baths
3,466
Sq Ft
$329/Sq Ft
Est. Value
Highlights
- Boat Ramp
- Beach
- Water Access
- Folger McKinsey Elementary at Chesapeake Bay Middle School Rated A-
- Home fronts navigable water
- 0.78 Acre Lot
About This Home
As of November 2019One of a kind opportunity in Fair Oaks! One of the most prestigious residences & largest lots in this very social and friendly community! Over 3/4 acres situated across from the Community pool/pavilion & playground. Walk steps down the road to enjoy the Community beach, boat ramp, fishing pier & floating dock/kayak launch. A beautiful home on a beautiful lot with updates throughout. Everything from a newly replaced architectural shingle roof, hardi-board siding, new HVAC system, bathrooms fully remodeled, large open kitchen floor plan & incredible year round screen porch. Don't miss the professionally landscaped rear patio & fire pit for additional entertaining in one of Severna Park's most desired communities. Walk your children to the Blue Ribbon Folger McKinsey Elementary School & keep your boat at your deeded mooring. Call for an appointment today!
Last Agent to Sell the Property
(410) 404-4393 steven.murphy@penfedrealty.com Berkshire Hathaway HomeServices PenFed Realty Listed on: 09/27/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,206
Year Built
- Built in 1968
Lot Details
- 0.78 Acre Lot
- Home fronts navigable water
- Sprinkler System
- Property is in very good condition
- Property is zoned R5
HOA Fees
- $50 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Side Facing Garage
- Driveway
Home Design
- Colonial Architecture
- Architectural Shingle Roof
- Cement Siding
- HardiePlank Type
Interior Spaces
- Property has 3 Levels
- Traditional Floor Plan
- Built-In Features
- Chair Railings
- Crown Molding
- Wainscoting
- Ceiling Fan
- Recessed Lighting
- 2 Fireplaces
- Wood Burning Fireplace
- Family Room Off Kitchen
- Formal Dining Room
- Attic Fan
Kitchen
- Breakfast Area or Nook
- Eat-In Kitchen
- Built-In Oven
- Down Draft Cooktop
- Built-In Microwave
- Ice Maker
- Dishwasher
- Kitchen Island
- Upgraded Countertops
- Disposal
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- En-Suite Bathroom
Laundry
- Gas Dryer
- Front Loading Washer
Finished Basement
- Walk-Up Access
- Sump Pump
Outdoor Features
- Water Access
- River Nearby
- Lake Privileges
Schools
- Folger Mckinsey Elementary School
- Severna Park Middle School
- Severna Park High School
Utilities
- Forced Air Heating and Cooling System
- Vented Exhaust Fan
- Natural Gas Water Heater
- Fiber Optics Available
Listing and Financial Details
- Tax Lot 38
- Assessor Parcel Number 020326332409500
Community Details
Overview
- Fair Oaks Community Association
- Fair Oaks On The Magothy Subdivision
Amenities
- Picnic Area
- Common Area
Recreation
- Boat Ramp
- Pier or Dock
- 6 Community Docks
- Beach
- Community Basketball Court
- Volleyball Courts
- Community Playground
- Lap or Exercise Community Pool
- Pool Membership Available
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 27, 2019
Closed on
Nov 1, 2019
Sold by
Powell Mark L and Powell Lynne K
Bought by
Lax David A and Lax Elizabeth A
Seller's Agent
Steve Murphy
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Zachary Bryant
Northrop Realty
List Price
$849,900
Sold Price
$840,000
Premium/Discount to List
-$9,900
-1.16%
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
$300,304
Avg. Annual Appreciation
5.24%
Original Mortgage
$672,000
Outstanding Balance
$591,775
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$548,529
Purchase Details
Closed on
Jun 13, 2017
Sold by
Cahouet David R and Cahouet Katherine M
Bought by
Powell Mark L and Powell Lynne K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$517,000
Interest Rate
4.02%
Mortgage Type
New Conventional
Purchase Details
Listed on
Aug 8, 2013
Closed on
Sep 30, 2013
Sold by
Murphy Steven T and Murphy Stephanie B
Bought by
Cahouet David R and Cahouet Katherine M
Seller's Agent
Steve Murphy
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Maureen Lalley
Hubble Bisbee Christie's International Real Estate
List Price
$799,900
Sold Price
$795,000
Premium/Discount to List
-$4,900
-0.61%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.03%
Purchase Details
Closed on
Jul 16, 2004
Sold by
Morgan Walter T
Bought by
Murphy Steven T and Murphy Stephanie B
Purchase Details
Closed on
Jun 28, 2004
Sold by
Morgan Walter T
Bought by
Murphy Steven T and Murphy Stephanie B
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 |
|---|---|---|---|
| Lax David A | $840,000 | Crown Title Corporation | |
| Powell Mark L | $830,000 | None Available | |
| Cahouet David R | $795,000 | Title Resources Guaranty Co | |
| Murphy Steven T | $779,000 | -- | |
| Murphy Steven T | $779,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lax David A | $672,000 | |
| Previous Owner | Powell Mark L | $517,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/01/2019 11/01/19 | Sold | $840,000 | -1.2% | $242 / Sq Ft | |
| 10/02/2019 10/02/19 | Pending | -- | -- | -- | |
| 09/27/2019 09/27/19 | For Sale | $849,900 | +6.9% | $245 / Sq Ft | |
| 09/30/2013 09/30/13 | Sold | $795,000 | -0.6% | $312 / Sq Ft | View Prior Sale |
| 08/16/2013 08/16/13 | Pending | -- | -- | -- | |
| 08/08/2013 08/08/13 | For Sale | $799,900 | -- | $314 / 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 |
|---|---|---|---|---|
| 2025 | $9,097 | $891,200 | -- | -- |
| 2024 | $9,097 | $819,800 | $371,400 | $448,400 |
| 2023 | $8,866 | $794,267 | $0 | $0 |
| 2022 | $8,294 | $768,733 | $0 | $0 |
| 2021 | $16,257 | $743,200 | $371,400 | $371,800 |
| 2020 | $7,934 | $721,467 | $0 | $0 |
| 2019 | $7,713 | $699,733 | $0 | $0 |
| 2018 | $6,875 | $678,000 | $329,400 | $348,600 |
| 2017 | $6,475 | $647,733 | $0 | $0 |
| 2016 | -- | $617,467 | $0 | $0 |
| 2015 | -- | $587,200 | $0 | $0 |
| 2014 | -- | $567,300 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Steve Murphy
-
Zachary Bryant
Buyer's Agent in 2019
Zachary Bryant
Creig Northrop Team of Long & Foster
(910) 746-7000
253 Total Sales
-
Maureen Lalley
Buyer's Agent in 2013
Maureen Lalley
Hubble Bisbee Christie's International Real Estate
(410) 790-5053
18 Total Sales
Map
Source: Bright MLS
MLS Number: MDAA414216
APN: 03-263-32409500
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