NOT LISTED FOR SALE

501 Scrimshaw Way Severna Park, MD 21146

Estimated Value: $1,703,000 - $2,280,000

5 Beds
5.5 Baths
5,100 Sq Ft
$372/Sq Ft Est. Value

Last Sold July 20, 2012

Last sale price $1,325,000 $260 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $11,202/month

Highlights

  • 1 Boat Dock
  • Pier
  • Home fronts navigable water
  • Benfield Elementary School Rated A-
  • Pier or Dock
  • Newly Remodeled

About This Home

As of July 2012

Under Construction with June delivery.- Converse Builders now offering a custom tailored "Cape-style" home of impeccable quality built to honor the architectural masterpieces of Nantucket. Features include upgraded moldings, elevator compatible, cherry/maple cabinetry, stainless appliances, security system, hardwood on main level, granite, & more. All National Blue Ribbon Schools of Excellence.

Last Agent to Sell the Property

Kathryn Langsner

(410) 458-6335 klangsner@cbmove.com Coldwell Banker Realty License #67358 Listed on: 02/28/2012

Coldwell Banker Realty

Last Buyer's Agent

Kathryn Langsner

(410) 458-6335 klangsner@cbmove.com Coldwell Banker Realty License #67358 Listed on: 02/28/2012

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,322

Year Built

  • Built in 2012 | Newly Remodeled

Lot Details

  • 0.94 Acre Lot
  • Home fronts navigable water
  • Stone Retaining Walls
  • Landscaped
  • Extensive Hardscape
  • Sprinkler System
  • Property is in very good condition

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Side Facing Garage
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Shingle Roof
  • Stone Siding
  • HardiePlank Type

Interior Spaces

  • 5,100 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Two Story Ceilings
  • Recessed Lighting
  • Heatilator
  • Fireplace Mantel
  • Vinyl Clad Windows
  • Insulated Windows
  • Casement Windows
  • Window Screens
  • French Doors
  • Sliding Doors
  • Insulated Doors
  • Mud Room
  • Entrance Foyer
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Den
  • Library
  • Wood Flooring
  • Scenic Vista Views
  • Window Bars

Kitchen

  • Eat-In Country Kitchen
  • Breakfast Room
  • Double Oven
  • Gas Oven or Range
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 5.5 Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Space For Rooms

Outdoor Features

  • Pier
  • Water Access
  • 1 Boat Dock
  • Lake Privileges
  • Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Humidifier
  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater
  • High Speed Internet
  • Multiple Phone Lines
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 3
  • Assessor Parcel Number 020357090217450
  • $700 Front Foot Fee per year

Community Details

Overview

  • Association fees include pier/dock maintenance, reserve funds
  • Built by CONVERSE BUILDERS
  • Nantucket On The Severn Subdivision, Custom Home Floorplan
  • The community has rules related to building or community restrictions, covenants

Amenities

  • Common Area

Recreation

  • Pier or Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,322

Year Built

Built in 2012 | Newly Remodeled

Lot Details

0

HOA Fees

$100 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Home Warranty: Yes
  • Inclusions: Parking Included In ListPrice
  • New Construction: Yes
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 2012
  • Remarks Public: Under Construction with June delivery.- Converse Builders now offering a custom tailored "Cape-style" home of impeccable quality built to honor the architectural masterpieces of Nantucket. Features include upgraded moldings, elevator compatible, cherry/maple cabinetry, stainless appliances, security system, hardwood on main level, granite, & more. All National Blue Ribbon Schools of Excellence.
  • Special Features: 4098
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Cooktop, Dishwasher, Disposal, Humidifier, Microwave, Oven - Double, Oven/Range - Gas, Refrigerator
  • Interior Amenities: Breakfast Area, Family Room Off Kitchen, Kitchen - Country, Kitchen - Island, Kitchen - Table Space, Dining Area, Entry Level Bedroom, Upgraded Countertops, Primary Bath(s), Wood Floors, Recessed Lighting, Floor Plan - Open
  • Window Features: Casement, Vinyl Clad, Insulated, Screens
  • Fireplace Features: Heatilator, Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: French, Insulated, Sliding Glass
  • Wall Ceiling Types: 2 Story Ceilings, 9'+ Ceilings, Dry Wall
  • Entry Location: Foyer
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Basement, Library, Foyer, Breakfast Room, Study, Laundry, Mud Room, Bedroom 6
  • Basement: Yes
  • Basement Type: Outside Entrance, Full, Space For Rooms, Unfinished
  • Living Area Units: Square Feet
  • Total Sq Ft: 5100
  • Living Area Sq Ft: 5100
  • Price Per Sq Ft: 259.80
  • Above Grade Finished Sq Ft: 5100
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 501

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 6
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 5.00
  • Upper Level Full Bathrooms: 5
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick, Hardiplank Type, Stone
  • Dock Type: Pier (Perpendicular)
  • Construction Completed: No
  • Exterior Features: Extensive Hardscape, Sidewalks, Stone Retaining Walls, Street Lights, Underground Lawn Sprinkler
  • Roof: Shingle
  • View: Scenic Vista
  • Water Access: Yes
  • Water Body Name: SEVERN RIVER
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Parking Features: Garage
  • Garage Features: Garage - Side Entry
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Off Street, Attached Garage

Utilities

  • Refuse: 275.00
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s), Zoned
  • Heating Fuel: Electric, Natural Gas
  • Heating Type: Forced Air, Heat Pump(s), Zoned
  • Heating: Yes
  • Hot Water: Electric
  • Security: Window Grills
  • Sewer/Septic System: Public Sewer
  • Utilities: Under Ground, Cable Tv Available, Dsl Available, Multiple Phone Lines
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 1200.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Common Grounds, Pier/Dock, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Pier/Dock Maintenance, Reserve Funds
  • HOA Condo Co-Op Management Type: Owner/Self-Management
  • HOA Condo Co-Op Rules: Building Restrictions, Covenants, Restrictions
  • HOA: Yes

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Land Assessed Value: 121900.00
  • Lot Features: Landscaping
  • Lot Size Acres: 0.94
  • Lot Size Area: 40946
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 40946.00
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Very Good
  • Year Assessed: 2003

Building Info

  • Builder Name: CONVERSE BUILDERS

Rental Info

  • Vacation Rental: No

Multi Family

  • Dock Slip Conveyance: None Available
  • Front Foot Fee: 700.00
  • Mean Low Water Feet: 4

Tax Info

  • Assessor Parcel Number: 15437750
  • Tax Annual Amount: 1321.77
  • Assessor Parcel Number: 020357090217450
  • Tax Lot: 3
  • Tax Page Number: 12
  • Tax Total Finished Sq Ft: 5242
  • Tax Year: 2005
  • Close Date: 07/20/2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2012
Closed on
Jul 20, 2012
Sold by
Converse Builders & Developers Inc
Bought by
Tyler David M and Tyler Holly D
Seller's Agent
Kathryn Langsner
Coldwell Banker Realty
Buyer's Agent
Kathryn Langsner
Coldwell Banker Realty
List Price
$1,299,000
Sold Price
$1,325,000
Premium/Discount to List
$26,000
2%
Current Estimated Value
$1,897,642

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$572,642
Avg. Annual Appreciation
2.75%
Original Mortgage
$750,000
Outstanding Balance
$518,449
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$1,379,193

Purchase Details

Closed on
Jun 29, 2005
Sold by
Nantucket On The Severn L C
Bought by
Converse Builders & Developers Inc
Source: Public Records

Range of Values:

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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
Tyler David M $1,265,472 Homeland Title & Escrow Ltd
Converse Builders & Developers Inc $355,250 --
Converse Builders And Developers Inc $355,250 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tyler David M $750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/20/2012 07/20/12 Sold $1,325,000 +2.0% $260 / Sq Ft
05/11/2012 05/11/12 Pending -- -- --
02/28/2012 02/28/12 For Sale $1,299,000 -- $255 / 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 $12,854 $1,195,333 -- --
2024 $12,854 $1,128,000 $394,400 $733,600
2023 $12,575 $1,108,167 $0 $0
2022 $11,803 $1,088,333 $0 $0
2021 $23,192 $1,068,500 $394,400 $674,100
2020 $11,564 $1,068,500 $394,400 $674,100
2019 $11,574 $1,068,500 $394,400 $674,100
2018 $11,472 $1,131,400 $324,400 $807,000
2017 $11,073 $1,049,100 $0 $0
2016 -- $966,800 $0 $0
2015 -- $884,500 $0 $0
2014 -- $844,467 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003869836

Bright MLS

APN: 03-570-90217450