NOT LISTED FOR SALE

8 Butternut Rd Riva, MD 21140

Estimated Value: $622,000 - $748,000

4 Beds
3.5 Baths
2,300 Sq Ft
$286/Sq Ft Est. Value

Last Sold January 31, 2019

Last sale price $399,900 $174 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $3,945/month

121 Days on Market

Highlights

  • Water Views
  • Home fronts navigable water
  • Open Floorplan
  • South River High School Rated A
  • Water Access
  • Colonial Architecture

About This Home

As of January 2019

Charm & Style! Brand new home seconds from the South River w/ seasonal views! Hardwoods on main level, spacious living room w/ gas fireplace, bright kitchen w/ stainless steel appliances, separate dining area, large walk-in pantry, mud room, owner's suite w/ large walk-in closet, full bath w/ ceramic tile & finished basement w/ bedroom and full bath! Water access! Minutes from Annapolis!

Last Agent to Sell the Property

Sam Barbieri

(301) 908-0656 sambrealtor@gmail.com RE/MAX United Real Estate Listed on: 08/15/2018

RE/MAX United Real Estate

Last Buyer's Agent

Joseph Bray

(410) 703-3403 joe@waterfronthomes.org TTR Sotheby's International Realty License #643757

TTR Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $371

Year Built

  • Built in 2018

Lot Details

  • 2,880 Sq Ft Lot
  • Home fronts navigable water
  • Property is in very good condition

Parking

  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2,300 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring
  • Water Views
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Attic

Kitchen

  • Eat-In Kitchen
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • En-Suite Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Outdoor Features

  • Water Access
  • River Nearby
  • Stream or River on Lot

Schools

  • Central Elementary And Middle School
  • South River High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Built by SCHAEFER HOMES
  • Sylvan Shores Subdivision

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number 020274990228037
  • $1,200 Front Foot Fee per year

Home Details

Home Type

Single Family

Est. Annual Taxes

$371

Year Built

Built in 2018

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2018
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Disposal, Icemaker
  • Interior Amenities: Attic, Kitchen - Island, Kitchen - Table Space, Kitchen - Eat-In, Upgraded Countertops, Primary Bath(s), Wood Floors, Floor Plan - Open
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Living Room
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Laundry
  • Basement: Yes
  • Basement Type: Full, Fully Finished
  • Living Area Units: Square Feet
  • Total Sq Ft: 2300
  • Living Area Sq Ft: 2300
  • Price Per Sq Ft: 173.87
  • Above Grade Finished Sq Ft: 2300
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Dock Type: Ramp
  • Roof: Asphalt
  • View: Water
  • Water Access: Yes
  • Water Body Name: SOUTH 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

Utilities

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

Condo/Co-op/Association

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

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • Elementary School: CENTRAL
  • High School: SOUTH RIVER
  • Middle Or Junior School: CENTRAL

Lot Info

  • Land Assessed Value: 6400.00
  • Lot Size Acres: 0.07
  • Lot Size Area: 2880
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2880.00
  • Property Condition: Very Good
  • Zoning: RESIDENTIAL
  • In City Limits: No

Building Info

  • Builder Name: SCHAEFER HOMES

Rental Info

  • Vacation Rental: No

Multi Family

  • Dock Slip Conveyance: None Available
  • Front Foot Fee: 1200.00

Tax Info

  • Assessor Parcel Number: 15453122
  • Tax Annual Amount: 371.37
  • Assessor Parcel Number: 020274990228037
  • Tax Lot: 19
  • Tax Year: 2017

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2018
Closed on
Jan 31, 2019
Sold by
Schaefer Homes Llc
Bought by
Welch David E and Welch Maria E
Seller's Agent
Sam Barbieri
RE/MAX United Real Estate
Buyer's Agent
Joseph Bray
TTR Sotheby's International Realty
List Price
$450,000
Sold Price
$399,900
Premium/Discount to List
-$50,100
-11.13%
Current Estimated Value
$658,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$258,460
Avg. Annual Appreciation
7.47%
Original Mortgage
$299,900
Outstanding Balance
$263,128
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$395,232

Purchase Details

Closed on
Aug 17, 2017
Sold by
Jorden Robert N
Bought by
Schaefer Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
3.96%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Welch David E $399,900 Liberty Title & Escrow Of Md
Schaefer Homes Llc $225,000 Freestate Title Svcs Of Anna
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Welch David E $299,900
Previous Owner Schaefer Homes Llc $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2019 01/31/19 Sold $399,900 0.0% $174 / Sq Ft
12/14/2018 12/14/18 Pending -- -- --
11/12/2018 11/12/18 Price Changed $399,900 -1.3% $174 / Sq Ft
10/26/2018 10/26/18 Price Changed $405,000 -4.7% $176 / Sq Ft
10/13/2018 10/13/18 Price Changed $425,000 -2.3% $185 / Sq Ft
10/01/2018 10/01/18 Price Changed $435,000 -3.3% $189 / Sq Ft
08/15/2018 08/15/18 For Sale $450,000 -- $196 / 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 $6,069 $473,267 -- --
2024 $6,069 $444,933 $0 $0
2023 $5,605 $416,600 $175,000 $241,600
2022 $5,222 $410,967 $0 $0
2021 $5,144 $405,333 $0 $0
2020 $5,010 $399,700 $175,000 $224,700
2019 $4,717 $389,000 $0 $0
2018 $3,000 $295,900 $0 $0
2017 $328 $4,200 $0 $0
2016 -- $4,200 $0 $0
2015 -- $4,200 $0 $0
2014 -- $4,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002244086

Bright MLS

APN: 02-749-90231695