NOT LISTED FOR SALE

Estimated Value: $437,000 - $512,000

4 Beds
2 Baths
1,008 Sq Ft
$478/Sq Ft Est. Value

Last Sold December 04, 2014

Last sale price $222,000 $220 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $2,929/month

47 Days on Market

Highlights

  • 1 Fireplace
  • No HOA
  • Combination Kitchen and Dining Room
  • South Shore Elementary School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of December 2014

Spacious home in the waterfront community of Palisades on the Severn. Open kitchen and living areas and nice sized rooms. Enjoy the cooler weather in front of the fireplace on the lower level. Nice yard and rear deck for summer fun. Just a few blocks to the water and the community beach!

Last Agent to Sell the Property

Gina Gargeu

(410) 929-1271 Gina@C21DT.com Century 21 Downtown Listed on: 09/12/2014

Century 21 Downtown

Last Buyer's Agent

Lee Hatfield

(410) 729-4343 leehatfield@kw.com Keller Williams Flagship

Keller Williams Flagship

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,148

Year Built

  • Built in 1972

Lot Details

  • 7,500 Sq Ft Lot
  • Property is zoned R2

Parking

  • Off-Street Parking

Home Design

  • Split Foyer
  • Brick Exterior Construction

Interior Spaces

  • Property has 2 Levels
  • 1 Fireplace
  • Combination Kitchen and Dining Room

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • 2 Full Bathrooms

Basement

  • Walk-Out Basement
  • Connecting Stairway
  • Natural lighting in basement

Schools

  • South Shore Elementary School
  • Old Mill High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Well
  • Oil Water Heater
  • Public Septic

Community Details

  • No Home Owners Association
  • Palisades On The Severn Subdivision

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 020260802227365

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,148

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Foyer
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main
  • Year Built: 1972
  • Remarks Public: Spacious home in the waterfront community of Palisades on the Severn. Open kitchen and living areas and nice sized rooms. Enjoy the cooler weather in front of the fireplace on the lower level. Nice yard and rear deck for summer fun. Just a few blocks to the water and the community beach!
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Interior Amenities: Combination Kitchen/Dining
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Connecting Stairway, Daylight, Full, Walkout Stairs
  • Living Area Units: Square Feet
  • Street Number Modifier: 538

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 3
  • Lower Level Bedroom: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Construction Materials: Combination, Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Oil
  • Sewer/Septic System: Public Septic
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
  • Elementary School: SOUTH SHORE
  • High School: OLD MILL
  • School District Key: 121140671932
  • Elementary School: SOUTH SHORE
  • High School: OLD MILL

Lot Info

  • Lot Size Acres: 0.17
  • Lot Size Area: 7500
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7500.00
  • Year Assessed: 2014
  • Zoning: R2

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3147.56
  • Assessor Parcel Number: 020260802227365
  • Tax Lot: 12
  • Tax Total Finished Sq Ft: 1008
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014
  • Close Date: 12/04/2014

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2014
Closed on
Dec 5, 2014
Sold by
U S Bank Na Trust
Bought by
Garman Nicholas and Garman Samantha
Seller's Agent
Gina Gargeu
Century 21 Downtown
Buyer's Agent
Lee Hatfield
Keller Williams Flagship
List Price
$220,000
Sold Price
$222,000
Premium/Discount to List
$2,000
0.91%
Current Estimated Value
$481,458

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$259,458
Avg. Annual Appreciation
7.36%
Original Mortgage
$177,600
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 12, 2014
Closed on
Dec 1, 2014
Sold by
Beneficial Financial I Inc
Bought by
U S Bank Trust Na and Lsf8 Master Participation Trust
Seller's Agent
Gina Gargeu
Century 21 Downtown
Buyer's Agent
Lee Hatfield
Keller Williams Flagship
List Price
$220,000
Sold Price
$222,000
Premium/Discount to List
$2,000
0.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,600
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 12, 2014
Closed on
Nov 25, 2014
Sold by
Smith Gordon L and Smith Janelle
Bought by
Beneficial Financial I Inc
Seller's Agent
Gina Gargeu
Century 21 Downtown
Buyer's Agent
Lee Hatfield
Keller Williams Flagship
List Price
$220,000
Sold Price
$222,000
Premium/Discount to List
$2,000
0.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,600
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 5, 2003
Sold by
Pumphrey Jane
Bought by
Smith Janelle and Smith Gordon L
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
Garman Nicholas $222,000 Charter Title Llc
U S Bank Trust Na $271,500 Charter Title Llc
Beneficial Financial I Inc $504,739 Charter Title Llc
Smith Janelle -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Garman Nicholas $177,600
Previous Owner U S Bank Trust Na $177,600
Previous Owner Beneficial Financial I Inc $177,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/04/2014 12/04/14 Sold $222,000 -3.5% $220 / Sq Ft
10/29/2014 10/29/14 Pending -- -- --
10/06/2014 10/06/14 Price Changed $230,000 +4.5% $228 / Sq Ft
09/12/2014 09/12/14 For Sale $220,000 -- $218 / 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 $4,696 $403,800 $230,500 $173,300
2024 $4,696 $377,467 $0 $0
2023 $4,368 $351,133 $0 $0
2022 $3,884 $324,800 $200,500 $124,300
2021 $7,404 $307,333 $0 $0
2020 $3,479 $289,867 $0 $0
2019 $3,299 $272,400 $146,100 $126,300
2018 $2,759 $272,100 $0 $0
2017 $3,213 $271,800 $0 $0
2016 -- $271,500 $0 $0
2015 -- $270,800 $0 $0
2014 -- $270,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003201818

Bright MLS

APN: 02-608-02227365