7711 Phelps Farm Ln Severn, MD 21144
Estimated payment $2,836/month
About This Lot
Excellent Opportunity! * Passed perc test (2025) for multiple sites. * Almost 7 Acres of Wooded Residential Land * Zoned R1 * Strong potential for subdivision! * Preliminary research indicates 4 building lots may be possible. No public utilities at present. Recent Survey is available. * Please read the driving instructions. *Make sure to see the Video Link * Developers are encouraged to inquire. Seller is seeking a contract that can close in 18 months or less.
Listing Agent
(410) 570-8591 markandrews@kw.com Keller Williams Select Realtors of Annapolis License #529550 Listed on: 10/25/2024
Property Details
Property Type
- Land
Est. Annual Taxes
- $2,628
Lot Details
- 6.8 Acre Lot
- Property is zoned R1
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 020400090040247
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,248 | $208,600 | $208,600 | -- |
| 2024 | $2,248 | $205,267 | $205,267 | $0 |
| 2023 | $2,205 | $201,933 | $0 | $0 |
| 2022 | $2,075 | $198,600 | $198,600 | $0 |
| 2021 | $2,006 | $191,933 | $0 | $0 |
| 2020 | $0 | $185,267 | $0 | $0 |
| 2019 | $0 | $178,600 | $178,600 | $0 |
| 2018 | $1,811 | $178,600 | $178,600 | $0 |
| 2017 | $1,834 | $178,600 | $0 | $0 |
| 2016 | -- | $178,600 | $0 | $0 |
| 2015 | -- | $161,100 | $0 | $0 |
| 2014 | -- | $143,600 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/02/2025 07/02/25 | Price Changed | $499,000 | 0.0% | -- |
| 07/02/2025 07/02/25 | For Sale | $499,000 | -9.3% | -- |
| 06/16/2025 06/16/25 | Off Market | $550,000 | -- | -- |
| 10/25/2024 10/25/24 | For Sale | $550,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Listed On Document | |
| Deed | -- | None Listed On Document | |
| Deed | $625,000 | -- | |
| Deed | $250,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | -- | No Value Available |
Source: Bright MLS
MLS Number: MDAA2097314
APN: 04-000-90040247
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