NOT LISTED FOR SALE

514 Rand Ave Gambrills, MD 21054

Estimated Value: $1,239,589 - $1,411,000

5 Beds
2.5 Baths
-- Sq Ft
1.74 Acres

Last Sold September 14, 2020

Last sale price $1,007,248

Est. 30% increase in value since last sale

Current estimated payment $8,051/month

Highlights

  • New Construction
  • Colonial Architecture
  • Den
  • Arundel High School Rated A-
  • Great Room
  • 2 Car Attached Garage

About This Home

As of September 2020

This is a To Be Built Listing featuring the Hogan Model by Baldwin Homes There is a Model Home of the Hogan located at 299 Bonheur Avenue. Model is open everyday Monday - Sunday Noon to 4PM. Other models of homes can be built on this lot. Builder has 5 other models to choose from. Customize the exterior and interior feature of this or any Baldwin Home on this lot. The Preserve at Severn Run features large lots (roughly 1 +/- acres) located minutes from shopping, commuting routes and restaurants. Please see virtual tour and interactive tour https://vimeo.com/318080633 and https://mls.truplace.com/property/432/71864/

Last Agent to Sell the Property

Christina Palmer

Keller Williams Flagship Listed on: 07/24/2020

Keller Williams Flagship

Last Buyer's Agent

Christina Palmer

Keller Williams Flagship Listed on: 07/24/2020

Keller Williams Flagship

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,019

Lot Details

  • 1.74 Acre Lot
  • Property is in excellent condition

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 2 Driveway Spaces
  • Front Facing Garage

Home Design

  • New Construction
  • Colonial Architecture
  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • Entrance Foyer
  • Great Room
  • Family Room
  • Dining Room
  • Den
  • Basement Fills Entire Space Under The House
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Perc Approved Septic

Community Details

  • $87 Other One-Time Fees
  • Built by Baldwin Homes
  • Preserve At Severn Run Subdivision, The Hogan Floorplan
  • Property has 5 Levels

Listing and Financial Details

  • Tax Lot 29R
  • Assessor Parcel Number 020441190224526

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,019

Lot Details

0

HOA Fees

$33 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional, Colonial
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: Yes
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Automatically Close On Close Date: No
  • Remarks Public: This is a To Be Built Listing featuring the Hogan Model by Baldwin Homes There is a Model Home of the Hogan located at 299 Bonheur Avenue. Model is open everyday Monday - Sunday Noon to 4PM. Other models of homes can be built on this lot. Builder has 5 other models to choose from. Customize the exterior and interior feature of this or any Baldwin Home on this lot. The Preserve at Severn Run features large lots (roughly 1 +/- acres) located minutes from shopping, commuting routes and restaurants. Please see virtual tour and interactive tour https://vimeo.com/318080633 and https://mls.truplace.com/property/432/71864/
  • Special Features: 4098
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 5
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Basement, Foyer, Study, Great Room, Laundry, Primary Bathroom, Full Bath, Half Bath
  • Basement: Yes
  • Basement Type: Full
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 514

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 1.00
  • Upper Level 2 Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Upper Level 2 Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Perc Approved Septic
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 400.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Other Fees: 87.00
  • Other Fees Frequency: One Time

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Assessed Value: 64900.00
  • Land Use Code: 011
  • Lot Size Acres: 1.74
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 75794.00
  • Property Condition: Excellent
  • Year Assessed: 2020
  • In City Limits: No

Building Info

  • Builder Name: Baldwin Homes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 15448976
  • Tax Annual Amount: 1019.00
  • Assessor Parcel Number: 020441190224526
  • Tax Lot: 29R
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 09/14/2020

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 19, 2023
Sold by
Peterson Joshua H
Bought by
Joshua H Peterson Revocable Trust
Current Estimated Value
$1,312,612

Purchase Details

Listed on
Jul 24, 2020
Closed on
Sep 15, 2020
Sold by
South Shore Development Company
Bought by
Peterson Joshua Hillis
Seller's Agent
Christina Palmer
Keller Williams Flagship
Buyer's Agent
Christina Palmer
Keller Williams Flagship
List Price
$804,900
Sold Price
$1,007,248
Premium/Discount to List
$202,348
25.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.18%
Original Mortgage
$906,422
Interest Rate
2.9%
Mortgage Type
Construction
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
Joshua H Peterson Revocable Trust -- None Listed On Document
Peterson Joshua Hillis $350,000 United Title & Escrow Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Peterson Joshua Hillis $906,422
Previous Owner South Shore Development Company $2,375,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2020 09/14/20 Sold $1,007,248 0.0% --
08/27/2020 08/27/20 Price Changed $1,007,248 +1.6% --
07/24/2020 07/24/20 Price Changed $991,800 +23.2% --
07/24/2020 07/24/20 For Sale $804,900 -- --
07/24/2020 07/24/20 Pending -- -- --
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
2024 $9,986 $922,867 $0 $0
2023 $9,704 $869,733 $0 $0
2022 $9,053 $816,600 $252,400 $564,200
2021 $0 $73,033 $0 $0
2020 $4,387 $68,967 $0 $0
2019 $4,292 $64,900 $64,900 $0
2018 $658 $64,900 $64,900 $0
2017 $667 $64,900 $0 $0
2016 -- $64,900 $0 $0
2015 -- $64,900 $0 $0
2014 -- $64,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA441280

Bright MLS

APN: 04-411-90224526