NOT LISTED FOR SALE

7 Tower Rd Severna Park, MD 21146

Estimated Value: $1,020,000 - $1,105,000

4 Beds
3 Baths
2,340 Sq Ft
$459/Sq Ft Est. Value

Last Sold March 10, 2022

Last sale price $955,000 $408 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $6,306/month

3 Days on Market

Highlights

  • Boat Ramp
  • Water Views
  • Home fronts navigable water
  • Jones Elementary School Rated A-
  • Beach
  • Canoe or Kayak Water Access

About This Home

As of March 2022

A unique opportunity to live in Round Bay, one of Severna Park's coveted communities! Known as "Tree Haus", this home is one with nature and has a water view. Featuring Pella doors and windows, installed just 4 years ago, encompassing both upper levels, a wrap-around deck on the main level, an upper level 3-season porch with newly added safety railings and a rain/clear roof, installed 4 years ago, offering direct access through the Master Suite, all surrounded by lush landscaping and gardening to create a true indoor-outdoor feel of living. The elevator makes it easy to access the upper levels of the home, or take the floating stairs with views through the skylight, newly installed 4 years ago. The kitchen has been fully remodeled since the current owners purchased the home, featuring new floors, stainless steel appliances, cabinets, and countertops. All three full baths have been completely renovated within the past 3 years to complement the modern style of this home. The Round Bay community offers one of the best beaches in Severna Park, in addition to three piers and swimming rafts, neighborhood social activities, a picnic area under the pavilion, tennis and basketball courts, a playground, kayak storage, and boat ramp. Don't miss out on this opportunity!

Last Agent to Sell the Property

David Orso

(443) 372-7171 david@davidorso.com Berkshire Hathaway HomeServices PenFed Realty License #631291 Listed on: 02/08/2022

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Ginny Nayden

(410) 260-2800 ginny.nayden@lnf.com Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,772

Year Built

  • Built in 1966

Lot Details

  • 0.26 Acre Lot
  • Home fronts navigable water
  • Backs to Trees or Woods
  • Property is zoned R2

Property Views

  • Water
  • Woods

Home Design

  • Contemporary Architecture
  • Permanent Foundation
  • Composition Roof

Interior Spaces

  • Property has 3 Levels
  • Elevator
  • Open Floorplan
  • Ceiling Fan
  • Skylights
  • 2 Fireplaces
  • Window Treatments
  • Window Screens
  • Combination Kitchen and Dining Room
  • Wood Flooring

Kitchen

  • Built-In Oven
  • Stove
  • Cooktop
  • Built-In Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • En-Suite Bathroom

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Finished Basement

  • Partial Basement
  • Interior and Exterior Basement Entry

Parking

  • Driveway
  • Off-Street Parking

Outdoor Features

  • Canoe or Kayak Water Access
  • Private Water Access
  • River Nearby
  • Waterski or Wakeboard
  • Swimming Allowed
  • Stream or River on Lot
  • Powered Boats Permitted
  • Lake Privileges
  • Deck
  • Enclosed Patio or Porch

Schools

  • Jones Elementary School
  • Severna Park Middle School
  • Severna Park High School

Utilities

  • Humidifier
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 222
  • Assessor Parcel Number 020369712108700

Community Details

Overview

  • No Home Owners Association
  • Association fees include common area maintenance, pier/dock maintenance
  • Round Bay Subdivision

Amenities

  • Picnic Area
  • Common Area

Recreation

  • Boat Ramp
  • Pier or Dock
  • 3 Community Docks
  • Beach
  • Tennis Courts
  • Community Basketball Court
  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,772

Year Built

Built in 1966

Lot Details

0.26 Acres

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • Exclusions: TV mounts, blinds (blue fabric ones in main level bedroom)
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2022-02-08
  • Year Built: 1966
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Stove, Washer, Built-In Microwave, Cooktop, Exhaust Fan, Humidifier, Icemaker, Refrigerator, Oven - Wall, Microwave
  • Flooring Type: Hardwood
  • Interior Amenities: Ceiling Fan(s), Entry Level Bedroom, Dining Area, Combination Kitchen/Dining, Floor Plan - Open, Primary Bath(s), Skylight(s), Window Treatments, Elevator, Wood Floors
  • Window Features: Screens
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Foundation Details: Permanent
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Partial, Outside Entrance, Interior Access, Fully Finished
  • Laundry Type: Has Laundry, Lower Floor
  • Total Sq Ft: 2940
  • Living Area Sq Ft: 2340
  • Price Per Sq Ft: 441.13
  • Above Grade Finished Sq Ft: 2040
  • Below Grade Finished Sq Ft: 300
  • Below Grade Sq Ft: 600
  • Total Below Grade Sq Ft: 900
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Roof: Composite
  • View: Water, Trees/Woods
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Private Access, Swimming Allowed, Waterski/Wakeboard
  • Water Access: Yes
  • Water Body Name: SEVERN RIVER
  • Water Body Type: River
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street, Driveway

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach, Pier/Dock, Water/Lake Privileges, Common Grounds, Picnic Area, Tennis Courts, Boat Ramp, Basketball Courts
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Pier/Dock Maintenance
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: JONES
  • High School: SEVERNA PARK
  • Middle Or Junior School: SEVERNA PARK

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 273400.00
  • Land Assessed Value: 375600.00
  • Lot Features: Backs To Trees
  • Lot Size Acres: 0.26
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11200.00
  • Outdoor Living Structures: Deck(s), Patio(s), Enclosed
  • Zoning: R2
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15247605
  • Tax Annual Amount: 8772.00
  • Assessor Parcel Number: 020369712108700
  • Tax Lot: 222
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2022
Closed on
Mar 9, 2022
Sold by
Farrell Sloan W and Altman Susan
Bought by
Strout David and Strout Viranand Cristina
Seller's Agent
David Orso
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Ginny Nayden
Long & Foster Real Estate, Inc.
List Price
$899,900
Sold Price
$955,000
Premium/Discount to List
$55,100
6.12%
Current Estimated Value
$1,074,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,071
Avg. Annual Appreciation
2.96%
Original Mortgage
$760,000
Outstanding Balance
$708,793
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$365,278

Purchase Details

Closed on
Sep 26, 2016
Sold by
Farrell Sloan W and Altman Farrell Susan L
Bought by
Farrell Sloan W and Altman Farrell Susan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$643,000
Interest Rate
3.47%
Mortgage Type
VA

Purchase Details

Listed on
Sep 5, 2014
Closed on
Oct 29, 2014
Sold by
Graves Thomas Freeman and Graves Joann G
Bought by
Farrell Sloan W and Farrell Susan L
Seller's Agent
Sarah Hansen
Coldwell Banker Realty
Buyer's Agent
Sarah Hansen
Coldwell Banker Realty
List Price
$685,000
Sold Price
$685,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.03%
Original Mortgage
$121,315
Interest Rate
4.17%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Strout David $955,000 Sage Title
Farrell Sloan W -- None Available
Farrell Sloan W $685,000 Mid Maryland Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Strout David $760,000
Previous Owner Farrell Sloan W $643,000
Previous Owner Farrell Sloan W $121,315
Previous Owner Farrell Sloan W $494,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/10/2022 03/10/22 Sold $955,000 +6.1% $408 / Sq Ft
02/12/2022 02/12/22 Pending -- -- --
02/08/2022 02/08/22 For Sale $899,900 +31.4% $385 / Sq Ft
10/29/2014 10/29/14 Sold $685,000 0.0% $336 / Sq Ft View Prior Sale
09/08/2014 09/08/14 Pending -- -- --
09/05/2014 09/05/14 For Sale $685,000 -- $336 / Sq Ft
Source: Bright MLS

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 $7,868 $793,800 -- --
2024 $7,868 $672,700 $400,600 $272,100
2023 $7,733 $664,800 $0 $0
2022 $7,295 $656,900 $0 $0
2020 $6,456 $617,133 $0 $0
2019 $12,337 $585,267 $0 $0
2018 $5,611 $553,400 $384,200 $169,200
2017 $6,066 $553,400 $0 $0
2016 -- $553,400 $0 $0
2015 -- $560,000 $0 $0
2014 -- $560,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA2022896

Bright MLS

APN: 03-697-12108700

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