NOT LISTED FOR SALE

482 Fairoak Dr Severna Park, MD 21146

Estimated Value: $1,027,000 - $1,192,000

4 Beds
5 Baths
4,043 Sq Ft
$279/Sq Ft Est. Value

Last Sold October 31, 2018

Last sale price $800,000 $198 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $6,688/month

Highlights

  • Boat Ramp
  • Beach
  • Private Beach
  • Folger McKinsey Elementary at Chesapeake Bay Middle School Rated A-
  • Home fronts navigable water
  • Canoe or Kayak Water Access

About This Home

As of October 2018

Incredible opportunty in Fair Oaks! Corner lot with upgrades throughout. Amazing new kitchen remodel w/marbel countertops & high end appliances, Mater suite expansion & Princess suite addition on the upper floor. Newly added 1st floor expansion of mud room, sunroom & extended dining/sitting areas. Flooded with natural light, large storage areas, fenced rear yard. Replaced hardiplank siding & roof!

Last Agent to Sell the Property

Steve Murphy

(410) 404-4393 steven.murphy@penfedrealty.com Berkshire Hathaway HomeServices PenFed Realty Listed on: 09/20/2018

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Steve Murphy

(410) 404-4393 steven.murphy@penfedrealty.com Berkshire Hathaway HomeServices PenFed Realty Listed on: 09/20/2018

Berkshire Hathaway HomeServices PenFed Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,496

Year Built

  • Built in 1968

Lot Details

  • 0.36 Acre Lot
  • Home fronts navigable water
  • Private Beach
  • Property has an invisible fence for dogs
  • Back Yard Fenced
  • Corner Lot
  • Property is zoned R5

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Cape Cod Architecture

Interior Spaces

  • 4,043 Sq Ft Home
  • Property has 2 Levels
  • Crown Molding
  • Gas Fireplace
  • Combination Kitchen and Dining Room
  • Den
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom

Accessible Home Design

  • Level Entry For Accessibility

Outdoor Features

  • Canoe or Kayak Water Access
  • Private Water Access
  • River Nearby
  • Personal Watercraft
  • Waterski or Wakeboard
  • Sail
  • Waiting List for boat docks or slips
  • Stream or River on Lot
  • Powered Boats Permitted
  • Patio

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 020326316783150

Community Details

Overview

  • No Home Owners Association
  • Fair Oaks On The Magothy Subdivision

Amenities

  • Picnic Area
  • Common Area

Recreation

  • Boat Ramp
  • Boat Dock
  • Pier or Dock
  • Beach
  • Community Basketball Court
  • Volleyball Courts
  • Community Pool
  • Pool Membership Available
  • Fishing Allowed
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,496

Year Built

Built in 1968

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1968
  • Remarks Public: Incredible opportunty in Fair Oaks! Corner lot with upgrades throughout. Amazing new kitchen remodel w/marbel countertops & high end appliances, Mater suite expansion & Princess suite addition on the upper floor. Newly added 1st floor expansion of mud room, sunroom & extended dining/sitting areas. Flooded with natural light, large storage areas, fenced rear yard. Replaced hardiplank siding & roof!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Area, Combination Kitchen/Dining, Kitchen - Island, Kitchen - Table Space, Crown Moldings, Primary Bath(s), Wood Floors
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Study
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 4043
  • Living Area Sq Ft: 4043
  • Price Per Sq Ft: 204.03
  • Above Grade Finished Sq Ft: 4043
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 482

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 3.00
  • Upper Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Combination
  • Exterior Features: Private Beach
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Personal Watercraft (PWC), Private Access, Sail, Waterski/Wakeboard
  • Water Access: Yes
  • Water Body Name: MAGOTHY RIVER
  • Water Body Type: River
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Paved Driveway
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Zoned
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Basketball Courts, Beach, Boat Ramp, Boat Dock/Slip, Common Grounds, Jog/Walk Path, Picnic Area, Pier/Dock, Pool - Outdoor, Pool Mem Avail, Volleyball Courts
  • HOA: No
  • Senior Community: No

Schools

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

Lot Info

  • Fencing: Rear, Invisible
  • Improvement Assessed Value: 395500.00
  • Land Assessed Value: 310900.00
  • Lot Features: Corner
  • Lot Size Acres: 0.36
  • Lot Size Area: 15700
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15700.00
  • Outdoor Living Structures: Patio(s)
  • Year Assessed: 2018
  • Zoning: R5
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15222145
  • Tax Annual Amount: 7496.22
  • Assessor Parcel Number: 020326316783150
  • Tax Lot: 3
  • Tax Total Finished Sq Ft: 3326
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 10/31/2018

Multi Family

  • Dock Slip Conveyance: Waiting List
  • Mean Low Water Feet: 3

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2018
Closed on
Oct 29, 2018
Sold by
Condon Melissa Marie and Condon Craig
Bought by
Spohn David Albert and Spohn Corrie
Seller's Agent
Steve Murphy
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Steve Murphy
Berkshire Hathaway HomeServices PenFed Realty
List Price
$824,900
Sold Price
$800,000
Premium/Discount to List
-$24,900
-3.02%
Current Estimated Value
$1,129,432

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$329,432
Avg. Annual Appreciation
5.06%
Original Mortgage
$719,920
Outstanding Balance
$625,738
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$503,694

Purchase Details

Closed on
Apr 13, 2018
Sold by
Condon Craig and Craig Condon Revocable Trust
Bought by
Condon Melissa Marie and Condon Craig

Purchase Details

Closed on
Oct 21, 2010
Sold by
Condon Craig
Bought by
Condon Craig and Condon Melissa M

Purchase Details

Closed on
Dec 29, 2008
Sold by
Condo Craig
Bought by
Condo Craig

Purchase Details

Closed on
Oct 10, 2008
Sold by
Condo Craig
Bought by
Condo Craig and Condo , Melissa

Purchase Details

Closed on
Jul 7, 2003
Sold by
Huften Darryl W
Bought by
Condo Craig

Purchase Details

Closed on
Jun 30, 1994
Sold by
Knapp Joseph M
Bought by
Huften Darryl W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
8.55%
Source: Public Records

Range of Values:

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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
Spohn David Albert $800,000 Gpn Title Inc
Condon Melissa Marie -- None Available
Condon Craig -- --
Condo Craig -- --
Condo Craig -- --
Condo Craig $517,000 --
Huften Darryl W $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spohn David Albert $719,920
Previous Owner Huften Darryl W $190,000
Closed Condo Craig --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2018 10/31/18 Sold $800,000 -3.0% $198 / Sq Ft
09/20/2018 09/20/18 Pending -- -- --
09/20/2018 09/20/18 For Sale $824,900 -- $204 / 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 $9,177 $862,600 -- --
2024 $9,177 $792,200 $349,700 $442,500
2023 $9,051 $785,500 $0 $0
2022 $8,513 $778,800 $0 $0
2021 $16,729 $772,100 $349,700 $422,400
2020 $8,166 $750,200 $0 $0
2019 $8,026 $728,300 $0 $0
2018 $7,163 $706,400 $310,900 $395,500
2017 $5,161 $671,033 $0 $0
2016 -- $635,667 $0 $0
2015 -- $600,300 $0 $0
2014 -- $592,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1006046932

Bright MLS

APN: 03-263-16783150