NOT LISTED FOR SALE

523 Laurel Rd Riva, MD 21140

Estimated Value: $563,000 - $669,000

3 Beds
2 Baths
1,456 Sq Ft
$428/Sq Ft Est. Value

Last Sold January 29, 2016

Last sale price $380,000 $261 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $3,982/month

8 Days on Market

Highlights

  • Boat Ramp
  • 5 Dock Slips
  • Pier
  • Davidsonville Elementary School Rated A-
  • Beach
  • Boat or Launch Ramp

About This Home

As of January 2016

Spacious rancher located in the water privileged community of Glen Isle. Attached 2 car garage, huge backyard, 2 wood burning fireplaces, walk up attic with room to expand. This house is a diamond in the rough! Community includes 2 beaches, 2 piers, boat ramp, playground and club house. All in the South River school district!

Last Agent to Sell the Property

Jennie Melvin

Compass Listed on: 12/20/2015

Compass

Last Buyer's Agent

Steven Songer

EXP Realty, LLC

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,115

Year Built

  • Built in 1980

Lot Details

  • 0.41 Acre Lot
  • Home fronts navigable water
  • Private Beach
  • Sandy Beach
  • Partially Fenced Property
  • Vinyl Fence
  • Property is in very good condition
  • Property is zoned R2

HOA Fees

  • $29 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Rambler Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 2 Levels
  • Traditional Floor Plan
  • 2 Fireplaces
  • Living Room
  • Combination Kitchen and Dining Room
  • Game Room
  • Flood Lights
  • Attic

Kitchen

  • Breakfast Room
  • Eat-In Kitchen
  • Stove
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Rear Basement Entry
  • Basement with some natural light

Outdoor Features

  • Pier
  • Canoe or Kayak Water Access
  • River Nearby
  • Swimming Allowed
  • Boat or Launch Ramp
  • Boat Ramp
  • 5 Dock Slips
  • Physical Dock Slip Conveys
  • Dock made with Treated Lumber
  • Stream or River on Lot
  • 6 Powered Boats Permitted
  • Gazebo
  • Shed

Utilities

  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 7R
  • Assessor Parcel Number 020232190020937

Community Details

Overview

  • Giia Community
  • Glen Isle Subdivision

Amenities

  • Picnic Area
  • Common Area

Recreation

  • Boat Ramp
  • Boat Dock
  • Pier or Dock
  • Beach
  • Community Basketball Court
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,115

Year Built

Built in 1980

Lot Details

0

HOA Fees

$29 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main
  • Year Built: 1980
  • Remarks Public: Spacious rancher located in the water privileged community of Glen Isle. Attached 2 car garage, huge backyard, 2 wood burning fireplaces, walk up attic with room to expand. This house is a diamond in the rough! Community includes 2 beaches, 2 piers, boat ramp, playground and club house. All in the South River school district!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Range Hood, Refrigerator, Stove, Water Heater
  • Interior Amenities: Breakfast Area, Combination Kitchen/Dining, Kitchen - Table Space, Floor Plan - Traditional
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Entry Location: Living Room
  • Levels Count: 2
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Game Room, Basement, Breakfast Room, Bedroom 6, Attic
  • Basement: Yes
  • Basement Type: Outside Entrance, Rear Entrance, Daylight, Partial, Full, Improved, Partially Finished
  • Living Area Units: Square Feet
  • Street Number Modifier: 523

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures List: Gazebo, Shed
  • Construction Materials: Combination, Brick
  • Dock Type: Pier (Perpendicular)
  • Construction Completed: No
  • Exterior Features: Flood Lights, Private Beach
  • Water Access Features: Boat - Powered, Canoe/Kayak, Swimming Allowed
  • Water Access: Yes
  • Water Body Name: SOUTH RIVER
  • Water Body Type: River
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage, Paved Driveway
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Driveway, Attached Garage

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 350.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Basketball Courts, Beach, Boat Ramp, Boat Dock/Slip, Common Grounds, Picnic Area, Pier/Dock, Tot Lots/Playground
  • HOA: Yes
  • Senior Community: No

Lot Info

  • Fencing: Partially, Vinyl
  • Improvement Assessed Value: 214000.00
  • Land Assessed Value: 149200.00
  • Lot Size Acres: 0.41
  • Lot Size Area: 17835
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 17835.00
  • Property Condition: Very Good
  • Year Assessed: 2015
  • Zoning: R2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15180038
  • Tax Annual Amount: 4114.74
  • Assessor Parcel Number: 020232190020937
  • Tax Lot: 7R
  • Tax Total Finished Sq Ft: 1456
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015
  • Close Date: 01/29/2016

Multi Family

  • Dock Slip Conveyance: Assigned
  • Mean Low Water Feet: 6
  • Waterfront Features: Boat/Launch Ramp, Sandy Beach

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 9, 2020
Sold by
Menefee Michael Jared and Clark Alex Michael
Bought by
Menefee Michael Jared and Clark Alex Michael
Total Days on Market
8
Current Estimated Value
$623,686

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,500
Outstanding Balance
$312,932
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$296,590

Purchase Details

Listed on
Dec 20, 2015
Closed on
Jan 29, 2016
Sold by
Byron Doris V and Byron Frederick C
Bought by
Menefee Michael Jared and Clark Alex Michael
Seller's Agent
Jennie Melvin
Compass
Buyer's Agent
Steven Songer
EXP Realty, LLC
List Price
$365,000
Sold Price
$380,000
Premium/Discount to List
$15,000
4.11%

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
$373,117
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 14, 1986
Sold by
Derlunas Stanley I
Bought by
Byron Frederick C and Byron Doris
Source: Public Records

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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
Menefee Michael Jared -- Abode Settlement Group Llc
Menefee Michael Jared $380,000 Legends Title Group Llc
Byron Frederick C $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Menefee Michael Jared $348,500
Closed Menefee Michael Jared $28,000
Closed Menefee Michael Jared $373,117
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2016 01/29/16 Sold $380,000 +4.1% $261 / Sq Ft
12/28/2015 12/28/15 Pending -- -- --
12/20/2015 12/20/15 For Sale $365,000 -- $251 / 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
2024 $5,420 $509,167 $0 $0
2023 $5,242 $460,700 $251,500 $209,200
2022 $4,919 $460,133 $0 $0
2021 $9,683 $459,567 $0 $0
2020 $4,727 $459,000 $261,500 $197,500
2019 $4,627 $432,633 $0 $0
2018 $4,120 $406,267 $0 $0
2017 $4,314 $379,900 $0 $0
2016 -- $374,333 $0 $0
2015 -- $368,767 $0 $0
2014 -- $363,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002768826

Bright MLS

APN: 02-321-90020937