NOT LISTED FOR SALE

577 Richard Way Severna Park, MD 21146

Estimated Value: $769,000 - $814,000

4 Beds
3.5 Baths
3,314 Sq Ft
$238/Sq Ft Est. Value

Last Sold November 19, 2021

Last sale price $669,000 $202 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $4,794/month

83 Days on Market

Highlights

  • Spa
  • Open Floorplan
  • Deck
  • Oak Hill Elementary School Rated A-
  • Colonial Architecture
  • Premium Lot

About This Home

As of November 2021

Spacious and inviting four-bedroom three-and-a-half bath home perfectly located in the heart of Severna Park schools on a premium lot with public water and sewer. The non-HOA 3300 sqft home features hardwood floors, new carpeting, natural gas whole house generator with designated propane tank, security camera system, fully fenced-in backyard, 5 Channel Bose sound system with 2 outdoor amps and speakers and a glorious deck complete with mechanical awning and hot tub. The entire .42 acre lot is exquisitely landscaped with mature perennials providing multi-seasonal beauty. A complete irrigation system with internet controller and landscape lighting enhance this beautiful escape. Oversized two-car garage with single garage door exiting the rear for complete pass-through and an additional large shed provides significant storage options. Abundant paved parking area for additional cars, boat or RV. Exceptional hosting options continue with an elegant centrally-located eat-in kitchen that opens to the family room and slider doors to the deck. Beautiful and functional main level home office. Dining room off kitchen complete with butler station fitted with custom cabinets, granite countertop and sink to extend hosting and serving. Massive front living room with fireplace and large picture window overlooking the landscaped front yard. Upstairs you will find an impressive Master Suite with its own recently replaced heat pump for individual heat control, walk-in closet built-in Cabinetry and an exquisite master bath complete with steam shower, heated towel rack, 2 + person jacuzzi tub, and a dual vanity with marble countertop. The second bedroom is complete with its own full bath while the third and fourth bedroom share a full hall bathroom with a soaking tub. Finally a partially finished basement with new carpet, additional storage and laundry. Strategically located between Severna Park Middle School and Severna Park High School with easy access to I-97, Ritchie Highway and Baltimore-Annapolis Boulevard.

Last Agent to Sell the Property

Jeanie Halloran

JPAR Maryland Living Listed on: 06/24/2021

JPAR Maryland Living

Last Buyer's Agent

John Reynolds

Keller Williams Flagship License #17267

Keller Williams Flagship

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,440

Year Built

  • Built in 1965

Lot Details

  • 0.42 Acre Lot
  • Landscaped
  • Extensive Hardscape
  • No Through Street
  • Premium Lot
  • Level Lot
  • Sprinkler System
  • Backs to Trees or Woods
  • Back and Front Yard
  • Property is in very good condition
  • Property is zoned R1

Parking

  • 2 Car Direct Access Garage
  • 4 Driveway Spaces
  • Oversized Parking
  • Parking Storage or Cabinetry
  • Front Facing Garage
  • Rear-Facing Garage

Home Design

  • Colonial Architecture

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Built-In Features
  • 1 Fireplace
  • Awning
  • Family Room Off Kitchen
  • Basement
  • Connecting Stairway

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Built-In Microwave
  • Dishwasher
  • Upgraded Countertops

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Deck
  • Exterior Lighting
  • Outbuilding
  • Porch

Schools

  • Severna Park Middle School
  • Severna Park High School

Utilities

  • Central Air
  • Heat Pump System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Severna Park Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 020300032944850

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,440

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2021-06-26
  • Year Built: 1965
  • Automatically Close On Close Date: No
  • Remarks Public: Spacious and inviting four-bedroom three-and-a-half bath home perfectly located in the heart of Severna Park schools on a premium lot with public water and sewer. The non-HOA 3300 sqft home features hardwood floors, new carpeting, natural gas whole house generator with designated propane tank, security camera system, fully fenced-in backyard, 5 Channel Bose sound system with 2 outdoor amps and speakers and a glorious deck complete with mechanical awning and hot tub. The entire .42 acre lot is exquisitely landscaped with mature perennials providing multi-seasonal beauty. A complete irrigation system with internet controller and landscape lighting enhance this beautiful escape. Oversized two-car garage with single garage door exiting the rear for complete pass-through and an additional large shed provides significant storage options. Abundant paved parking area for additional cars, boat or RV. Exceptional hosting options continue with an elegant centrally-located eat-in kitchen that opens to the family room and slider doors to the deck. Beautiful and functional main level home office. Dining room off kitchen complete with butler station fitted with custom cabinets, granite countertop and sink to extend hosting and serving. Massive front living room with fireplace and large picture window overlooking the landscaped front yard. Upstairs you will find an impressive Master Suite with its own recently replaced heat pump for individual heat control, walk-in closet built-in Cabinetry and an exquisite master bath complete with steam shower, heated towel rack, 2 + person jacuzzi tub, and a dual vanity with marble countertop. The second bedroom is complete with its own full bath while the third and fourth bedroom share a full hall bathroom with a soaking tub. Finally a partially finished basement with new carpet, additional storage and laundry. Strategically located between Severna Park Middle School and Severna Park High School with easy access to I-97, Ritchie Highway and Baltimore-Annapolis Boulevard.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Dryer, Refrigerator, Washer
  • Flooring Type: Hardwood, Carpet, Tile/Brick
  • Interior Amenities: Built-Ins, Butlers Pantry, Carpet, Combination Kitchen/Living, Combination Dining/Living, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Eat-In, Sprinkler System, Upgraded Countertops, Whirlpool/Hottub, Wood Floors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Connecting Stairway
  • Basement Finished Percent: 60.00
  • Total Sq Ft: 3590
  • Living Area Sq Ft: 3314
  • Price Per Sq Ft: 248.85
  • Above Grade Finished Sq Ft: 2612
  • Below Grade Finished Sq Ft: 702
  • Below Grade Sq Ft: 276
  • Total Below Grade Sq Ft: 978
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 577

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 3.00
  • Upper Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Exterior Features: Awning(s), Extensive Hardscape, Exterior Lighting, Hot Tub, Lawn Sprinkler, Underground Lawn Sprinkler, Outbuilding(s)
  • Spa: 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
  • Parking Features: Asphalt Driveway, Private
  • Garage Features: Additional Storage Area, Garage - Front Entry, Garage - Rear Entry, Inside Access, Oversized
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 9
  • Type Of Parking: Driveway, Off Street, Attached Garage
  • Number of Spaces in Driveway: 4
  • Off Street Parking Spaces: 3

Utilities

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

Condo/Co-op/Association

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

Schools

  • School District: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
  • Middle School: SEVERNA PARK
  • High School: SEVERNA PARK
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121140671932
  • School District Source: Listing Agent
  • High School: SEVERNA PARK
  • Middle Or Junior School: SEVERNA PARK

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 186300.00
  • Land Assessed Value: 283200.00
  • Land Use Code: 011
  • Lot Features: Backs To Trees, Front Yard, Landscaping, Level, No Thru Street, Premium, Rear Yard
  • Lot Size Acres: 0.42
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 18400.00
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Property Condition: Very Good
  • Year Assessed: 2021
  • Zoning: R1
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15200192
  • Tax Annual Amount: 6440.00
  • Assessor Parcel Number: 020300032944850
  • Tax Lot: 2
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 11/19/2021

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2021
Closed on
Nov 19, 2021
Sold by
Cleaver Thomas E
Bought by
Bascelli Joseph and Bascelli Kimberly N
Seller's Agent
Jeanie Halloran
JPAR Maryland Living
Buyer's Agent
John Reynolds
Keller Williams Flagship
List Price
$725,000
Sold Price
$669,000
Premium/Discount to List
-$56,000
-7.72%
Current Estimated Value
$787,921

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,921
Avg. Annual Appreciation
3.69%
Original Mortgage
$625,000
Outstanding Balance
$575,864
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$191,495

Purchase Details

Closed on
Feb 6, 2006
Sold by
Cleaver Thomas E
Bought by
Cleaver Thomas E

Purchase Details

Closed on
Jan 2, 2006
Sold by
Cleaver Thomas E
Bought by
Cleaver Thomas E

Purchase Details

Closed on
Sep 11, 1998
Sold by
Cleaver Thomas E
Bought by
Cleaver Thomas E and Cleaver Rosalie

Purchase Details

Closed on
Dec 22, 1994
Sold by
West Donald K
Bought by
Cleaver Thomas E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
9.19%
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
Bascelli Joseph $669,000 Charter Title Llc
Cleaver Thomas E -- --
Cleaver Thomas E -- --
Cleaver Thomas E -- --
Cleaver Thomas E $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bascelli Joseph $625,000
Closed Bascelli Joseph $625,000
Previous Owner Cleaver Thomas E $100,000
Previous Owner Cleaver Thomas E $309,000
Previous Owner Cleaver Thomas E $224,000
Previous Owner Cleaver Thomas E $100,000
Previous Owner Cleaver Thomas E $157,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2021 11/19/21 Sold $669,000 +2.9% $202 / Sq Ft
09/15/2021 09/15/21 Pending -- -- --
09/11/2021 09/11/21 Price Changed $650,000 -3.7% $196 / Sq Ft
08/27/2021 08/27/21 Price Changed $675,000 -0.7% $204 / Sq Ft
07/28/2021 07/28/21 Price Changed $680,000 -2.9% $205 / Sq Ft
07/06/2021 07/06/21 Price Changed $699,995 -3.4% $211 / Sq Ft
06/24/2021 06/24/21 For Sale $725,000 -- $219 / 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 $6,106 $581,867 -- --
2024 $6,106 $530,400 $361,200 $169,200
2023 $5,941 $510,100 $0 $0
2022 $5,549 $489,800 $0 $0
2021 $6,754 $469,500 $283,200 $186,300
2020 $2,172 $443,033 $0 $0
2019 $2,135 $416,567 $0 $0
2018 $3,956 $390,100 $230,200 $159,900
2017 $2,962 $386,500 $0 $0
2016 -- $382,900 $0 $0
2015 -- $379,300 $0 $0
2014 -- $373,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA2000776

Bright MLS

APN: 03-000-32944850