NOT LISTED FOR SALE

701 Faircastle Ave Severna Park, MD 21146

Estimated Value: $791,102 - $875,000

4 Beds
2.5 Baths
2,473 Sq Ft
$331/Sq Ft Est. Value

Last Sold May 02, 2014

Last sale price $525,000 $212 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $4,763/month

Highlights

  • Sauna
  • Colonial Architecture
  • 1 Fireplace
  • Benfield Elementary School Rated A-
  • Wood Flooring
  • Breakfast Area or Nook

About This Home

As of May 2014

Main & upper levels feature hardwood flooring & over 2100 square feet of living space. TAX RECORD INCORRECT ON LIVING SPACE. Move in condition. Two car garage, Updated baths, CAC less than a year old, many luxury features including in-ground sprinkler system, marble entry foyer, skylights and built-in sauna!! Severna Park schools including Benfield Elementary. Home Warranty included.

Last Agent to Sell the Property

Larry Moore

(410) 212-0450 larry.mooretmrk@gmail.com Trademark Realty, Inc Listed on: 03/01/2014

Last Buyer's Agent

Charles Dwayne Hoyt

(410) 991-2101 cdhoyt27@aol.com Keller Williams Select Realtors of Annapolis License #532509

Keller Williams Select Realtors of Annapolis

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,350

Year Built

  • Built in 1967

Lot Details

  • 0.36 Acre Lot
  • Sprinkler System
  • Property is in very good condition
  • Property is zoned R2

HOA Fees

  • $4 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • Crown Molding
  • 1 Fireplace
  • Dining Area
  • Sauna
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom
  • 2.5 Bathrooms

Laundry

  • Dryer
  • Washer

Improved Basement

  • Walk-Up Access
  • Connecting Stairway
  • Exterior Basement Entry

Outdoor Features

  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Water Heater
  • Septic Tank

Community Details

  • Chartwood Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 8
  • Assessor Parcel Number 020318223556050

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,350

Year Built

Built in 1967

Lot Details

0

HOA Fees

$4 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Home Warranty: Yes
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1967
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Cooktop, Dishwasher, Dryer, Exhaust Fan, Oven - Wall, Refrigerator, Washer
  • Interior Amenities: Dining Area, Breakfast Area, Crown Moldings, Primary Bath(s), Sauna, Wood Floors
  • Fireplace Features: Equipment
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Center Hall
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Connecting Stairway, Outside Entrance, Improved, Walkout Stairs
  • Living Area Units: Square Feet
  • Total Sq Ft: 2942
  • Living Area Sq Ft: 2473
  • Price Per Sq Ft: 256.95
  • Above Grade Finished Sq Ft: 2121
  • Below Grade Finished Sq Ft: 352
  • Below Grade Sq Ft: 469
  • Total Below Grade Sq Ft: 821
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Combination, Brick
  • Construction Completed: No
  • Exterior Features: Underground Lawn Sprinkler
  • 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: Garage
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Attached Garage

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 50.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes

Lot Info

  • Improvement Assessed Value: 205400.00
  • Land Assessed Value: 186100.00
  • Lot Size Acres: 0.36
  • Lot Size Area: 15600
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15600.00
  • Outdoor Living Structures: Patio(s), Porch(es)
  • Property Condition: Very Good
  • Zoning: R2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15214232
  • Tax Annual Amount: 4349.88
  • Assessor Parcel Number: 020318223556050
  • Tax Lot: 8
  • County Tax Payment Frequency: Annually
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2014
Closed on
May 2, 2014
Sold by
Vieira Mario Edmundo Carneiro and Lytle Vieira Jane E
Bought by
Somerset Gary and Somerset Elizabeth D
Seller's Agent
Larry Moore
Trademark Realty, Inc
Buyer's Agent
Charles Dwayne Hoyt
Keller Williams Select Realtors of Annapolis
List Price
$545,000
Sold Price
$525,000
Premium/Discount to List
-$20,000
-3.67%
Current Estimated Value
$818,776

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$293,776
Avg. Annual Appreciation
3.95%
Original Mortgage
$417,000
Outstanding Balance
$318,869
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$499,907

Purchase Details

Closed on
Sep 25, 1990
Sold by
Power Henry B
Bought by
Vieira Edmundo C and Lytle-Vieira Jane E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
10.16%
Source: Public Records

Range of Values:

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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
Somerset Gary $525,000 Coastal Title Llc
Vieira Edmundo C $236,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Somerset Gary $417,000
Previous Owner Vieira Edmundo C $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/02/2014 05/02/14 Sold $525,000 -3.7% $212 / Sq Ft
04/08/2014 04/08/14 Pending -- -- --
03/01/2014 03/01/14 For Sale $545,000 -- $220 / 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 $5,670 $572,433 -- --
2024 $5,670 $532,200 $294,800 $237,400
2023 $5,512 $508,800 $0 $0
2022 $5,145 $485,400 $0 $0
2021 $10,073 $462,000 $234,800 $227,200
2020 $4,918 $462,000 $234,800 $227,200
2019 $4,843 $462,000 $234,800 $227,200
2018 $5,207 $513,500 $244,800 $268,700
2017 $4,585 $472,833 $0 $0
2016 -- $432,167 $0 $0
2015 -- $391,500 $0 $0
2014 -- $381,533 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002861084

Bright MLS

APN: 03-182-23556050