NOT LISTED FOR SALE

484 Fairoak Dr Severna Park, MD 21146

Estimated Value: $824,267 - $902,000

4 Beds
2 Baths
1,800 Sq Ft
$474/Sq Ft Est. Value

Last Sold July 15, 2019

Last sale price $599,000 $333 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $5,109/month

Highlights

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

About This Home

As of July 2019

Ease of one level living is perfect in this updated ranch style home located in the amenity rich Fair Oaks on the Magothy community of Severna Park. Enjoy all the neighborhood has to offer from pool memberships, to water access, beach, playground and boat docking/ramps as well as convenience to shopping, eateries and commuting routes. With a large open concept updated kitchen with massive entertaining island and eat in area, the heart of this home will be your favorite spot to meet your friends and family. The kitchen boasts convenient access to the 2 car garage as well as the back yard complete with expansive decking and patio areas as well as privacy and nature. Hardwood flooring flows consistently from kitchen to bedrooms and all spaces in between. Updated exterior siding, windows, roof, water heater, HVAC, and garage doors round out this wonderful home waiting for your final touches to make it your own. Don't wait, summer will be your best yet with all that Fair Oaks on the Magothy has to offer!

Last Agent to Sell the Property

Dee Dee Miller

(443) 995-2297 deedee@lnf.com Long & Foster Real Estate, Inc. License #527281 Listed on: 05/26/2019

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Barbara Blades

(240) 925-1587 barbara.blades@c21nm.com CENTURY 21 New Millennium

CENTURY 21 New Millennium

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,792

Year Built

  • Built in 1965

Lot Details

  • 0.41 Acre Lot
  • Home fronts navigable water
  • Public Beach
  • Back Yard Fenced
  • Property is in very good condition
  • Property is zoned R5

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 6 Open Parking Spaces
  • Front Facing Garage
  • Driveway

Home Design

  • Rambler Architecture
  • Block Foundation
  • Architectural Shingle Roof
  • Asphalt Roof
  • Active Radon Mitigation
  • HardiePlank Type

Interior Spaces

  • Property has 2 Levels
  • Traditional Floor Plan
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace Mantel
  • Formal Dining Room
  • Wood Flooring
  • Washer

Kitchen

  • Gourmet Country Kitchen
  • Built-In Double Oven
  • Cooktop
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Interior Basement Entry
  • Drainage System
  • Sump Pump
  • Laundry in Basement
  • Basement Windows

Outdoor Features

  • Canoe or Kayak Water Access
  • Public Water Access
  • River Nearby
  • Waterski or Wakeboard
  • Swimming Allowed
  • Boat Ramp
  • Physical Dock Slip Conveys
  • 5 Dock Slips
  • Powered Boats Permitted
  • Lake Privileges
  • Deck
  • Patio

Schools

  • Folger Mckinsey Elementary School
  • Severna Park Middle School
  • Severna Park High School

Utilities

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

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 4
  • Assessor Parcel Number 020326305713425

Community Details

Overview

  • Fair Oaks On The Magothy Community Association
  • Fair Oaks On The Magothy Subdivision

Amenities

  • Common Area

Recreation

  • Boat Ramp
  • Pier or Dock
  • 1 Community Docks
  • Beach
  • Community Playground
  • Community Pool
  • Pool Membership Available
  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,792

Year Built

Built in 1965

Lot Details

0

HOA Fees

$50 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: Yes
  • New Construction: No
  • Story List: Lower 1, Main
  • Expected On Market: 2019-05-27
  • Federal Flood Zone: No
  • Year Built: 1965
  • Remarks Public: Ease of one level living is perfect in this updated ranch style home located in the amenity rich Fair Oaks on the Magothy community of Severna Park. Enjoy all the neighborhood has to offer from pool memberships, to water access, beach, playground and boat docking/ramps as well as convenience to shopping, eateries and commuting routes. With a large open concept updated kitchen with massive entertaining island and eat in area, the heart of this home will be your favorite spot to meet your friends and family. The kitchen boasts convenient access to the 2 car garage as well as the back yard complete with expansive decking and patio areas as well as privacy and nature. Hardwood flooring flows consistently from kitchen to bedrooms and all spaces in between. Updated exterior siding, windows, roof, water heater, HVAC, and garage doors round out this wonderful home waiting for your final touches to make it your own. Don't wait, summer will be your best yet with all that Fair Oaks on the Magothy has to offer!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Cooktop, Dishwasher, Disposal, Oven - Double, Oven - Wall, Refrigerator, Stainless Steel Appliances, Water Heater, Washer
  • Flooring Type: Hardwood
  • Interior Amenities: Combination Kitchen/Dining, Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Country, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Island, Kitchen - Table Space, Primary Bath(s), Recessed Lighting, Wood Floors
  • Fireplace Features: Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block, Active Radon Mitigation
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full, Connecting Stairway, Daylight, Partial, Drainage System, Interior Access, Sump Pump, Unfinished, Windows
  • Laundry Type: Basement, Hookup
  • Total Sq Ft: 3600
  • Living Area Sq Ft: 1800
  • Price Per Sq Ft: 332.78
  • Above Grade Finished Sq Ft: 1800
  • Below Grade Sq Ft: 1800
  • Total Below Grade Sq Ft: 1800
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 484

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Hardiplank Type
  • Exterior Features: Street Lights
  • Road Surface Type: Paved
  • Roof: Architectural Shingle, Asphalt
  • Spa: No
  • Water Access Features: Canoe/Kayak, Fishing Allowed, Boat - Powered, Public Access, Public Beach, Swimming Allowed, 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
  • Open Parking Spaces Count: 6
  • Parking Features: Paved Parking, Paved Driveway
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • 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

  • HOA Fees: 600.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Common Grounds, Pool - Outdoor, Pool Mem Avail, Water/Lake Privileges, Pier/Dock, Boat Ramp, Beach, Tot Lots/Playground
  • HOA Name: FAIR OAKS ON THE MAGOTHY COMMUNITY ASSOCIATION
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: In Ground

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
  • Elementary School: FOLGER MCKINSEY
  • Middle School: SEVERNA PARK
  • High School: SEVERNA PARK
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121140671932
  • School District Source: 3rd Party
  • Elementary School: FOLGER MCKINSEY
  • High School: SEVERNA PARK
  • Middle Or Junior School: SEVERNA PARK

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Fencing: Rear
  • Improvement Assessed Value: 234200.00
  • Land Assessed Value: 359500.00
  • Land Use Code: 011
  • Lot Size Acres: 0.41
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 18000.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Property Condition: Very Good
  • Year Assessed: 2019
  • Zoning: R5
  • 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: 15222067
  • Tax Annual Amount: 5792.00
  • Assessor Parcel Number: 020326305713425
  • Tax Lot: 4
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 07/15/2019

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2019
Closed on
Jun 26, 2019
Sold by
Wells Steven R and Poelker Deborah Ann
Bought by
Caldwell Christopher H and Caldwell Wendy S
Seller's Agent
Dee Dee Miller
Long & Foster Real Estate, Inc.
Buyer's Agent
Barbara Blades
CENTURY 21 New Millennium
List Price
$599,000
Sold Price
$599,000
Current Estimated Value
$853,817

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$254,817
Avg. Annual Appreciation
5.80%
Original Mortgage
$591,065
Outstanding Balance
$517,826
Interest Rate
3.82%
Mortgage Type
VA
Estimated Equity
$335,991

Purchase Details

Closed on
Aug 13, 2012
Sold by
Wells Steven Roland and Poelker Deborah Ann
Bought by
Wells Steven Roland and Poelker Deborah Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$448,000
Interest Rate
3.61%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 15, 2006
Sold by
Knowlton Cynthia G
Bought by
Wells Steven R and Poelker Deborah Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 2, 2006
Sold by
Knowlton Cynthia G
Bought by
Wells Steven R and Poelker Deborah Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 21, 2004
Sold by
Stevens Thomas P
Bought by
Knowlton Cynthia G
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
Caldwell Christopher H $599,000 Bay County Settlements Inc
Wells Steven Roland -- None Available
Wells Steven R $670,000 --
Wells Steven R $670,000 --
Knowlton Cynthia G $540,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Caldwell Christopher H $591,065
Previous Owner Wells Steven Roland $448,000
Previous Owner Wells Steven R $500,000
Previous Owner Wells Steven R $500,000
Closed Knowlton Cynthia G --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2019 07/15/19 Sold $599,000 0.0% $333 / Sq Ft
05/30/2019 05/30/19 Pending -- -- --
05/26/2019 05/26/19 For Sale $599,000 -- $333 / 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 $6,967 $648,033 -- --
2024 $6,967 $590,400 $359,500 $230,900
2023 $6,921 $590,400 $359,500 $230,900
2022 $6,600 $590,400 $359,500 $230,900
2021 $13,145 $593,700 $359,500 $234,200
2020 $6,407 $575,533 $0 $0
2019 $5,804 $557,367 $0 $0
2018 $5,467 $539,200 $319,000 $220,200
2017 $5,371 $523,633 $0 $0
2016 -- $508,067 $0 $0
2015 -- $492,500 $0 $0
2014 -- $477,067 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA400746

Bright MLS

APN: 03-263-05713425