NOT LISTED FOR SALE

8156 Silo Rd Severn, MD 21144

Estimated Value: $538,000 - $689,557

4 Beds
2.5 Baths
2,200 Sq Ft
$280/Sq Ft Est. Value

Last Sold November 28, 2016

Last sale price $365,000 $166 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $3,841/month

5 Days on Market

Highlights

  • 0.37 Acre Lot
  • Traditional Floor Plan
  • Sun or Florida Room
  • Colonial Architecture
  • 1 Fireplace
  • Porch

About This Home

As of November 2016

HUGE OPPORTUNITY for Instant Equity!! Unfinished Addition on back (about 700- 800sq ft) turns this into a 2900 sq ft home total- home needs updates- Priced right for condition- similar sized comps considerably higher- Finish to your liking- Newer screened porch, extensive hardscaping- Backs to woods- 4-upper level bedrooms, 2.5 baths, Attached 2-car garage- Close to major commuting routes- HURRY!

Last Agent to Sell the Property

Jennifer Chaney

Chaney Homes, LLC License #597247 Listed on: 10/11/2016

Last Buyer's Agent

Troy Laur

Cummings & Co. Realtors License #651629

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,941

Year Built

  • Built in 1985

Lot Details

  • 0.37 Acre Lot
  • Property is zoned R2

HOA Fees

  • $3 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,200 Sq Ft Home
  • Property has 2 Levels
  • Traditional Floor Plan
  • Ceiling Fan
  • 1 Fireplace
  • Living Room
  • Dining Room
  • Sun or Florida Room

Kitchen

  • Stove
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2.5 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Accessible Home Design

  • Level Entry For Accessibility

Outdoor Features

  • Patio
  • Shed
  • Porch

Schools

  • Oakwood Elementary School
  • Corkran Middle School
  • Glen Burnie High School

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater

Community Details

  • New Cut Farms Community
  • New Cut Farms Subdivision

Listing and Financial Details

  • Tax Lot 60
  • Assessor Parcel Number 020449790022218

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,941

Year Built

Built in 1985

Lot Details

0

HOA Fees

$3 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1985
  • Remarks Public: HUGE OPPORTUNITY for Instant Equity!! Unfinished Addition on back (about 700- 800sq ft) turns this into a 2900 sq ft home total- home needs updates- Priced right for condition- similar sized comps considerably higher- Finish to your liking- Newer screened porch, extensive hardscaping- Backs to woods- 4-upper level bedrooms, 2.5 baths, Attached 2-car garage- Close to major commuting routes- HURRY!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Disposal, Dishwasher, Exhaust Fan, Freezer, Microwave, Refrigerator, Stove, Washer, Water Heater
  • Interior Amenities: Dining Area, Primary Bath(s), Floor Plan - Traditional
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Foyer
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Sun/Florida Room, Laundry
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 2200
  • Living Area Sq Ft: 2200
  • Price Per Sq Ft: 159.09
  • Above Grade Finished Sq Ft: 2200
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 8156

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Shed
  • Other Structures List: Shed
  • Construction Materials: Combination, Brick
  • Pool Private: 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: Garage
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Heat Pump(s), Central A/C
  • Cooling: Yes
  • 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

  • HOA Fees: 30.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
  • Elementary School: OAKWOOD
  • Middle School: CORKRAN
  • High School: GLEN BURNIE
  • School District Key: 121140671932
  • Elementary School: OAKWOOD
  • High School: GLEN BURNIE
  • Middle Or Junior School: CORKRAN

Lot Info

  • Improvement Assessed Value: 218700.00
  • Land Assessed Value: 136000.00
  • Lot Size Acres: 0.37
  • Lot Size Area: 16000
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 16000.00
  • Outdoor Living Structures: Porch(es), Patio(s)
  • Property Attached Yn: No
  • Year Assessed: 2016
  • Zoning: R2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15277478
  • Tax Annual Amount: 3940.77
  • Assessor Parcel Number: 020449790022218
  • Tax Lot: 60
  • Tax Total Finished Sq Ft: 2922
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016
  • Close Date: 11/28/2016

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2016
Closed on
Nov 28, 2016
Sold by
Ricer Beverly J
Bought by
Melvin Rita A and Gude Jacob A
Seller's Agent
Jennifer Chaney
Chaney Homes, LLC
Buyer's Agent
Troy Laur
Cummings & Co. Realtors
List Price
$350,000
Sold Price
$365,000
Premium/Discount to List
$15,000
4.29%
Current Estimated Value
$622,927

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$257,927
Avg. Annual Appreciation
6.34%
Original Mortgage
$373,760
Outstanding Balance
$305,756
Interest Rate
3.52%
Mortgage Type
VA
Estimated Equity
$317,685

Purchase Details

Closed on
May 11, 2012
Sold by
Ricer Terrence R and Ricer Joyce E
Bought by
Ricer Terrence R and Ricer Beverly J

Purchase Details

Closed on
Dec 10, 1984
Bought by
Ricer Terrence R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,700
Interest Rate
13.2%
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
Melvin Rita A $365,000 Competitive Title Agency Inc
Ricer Terrence R -- None Available
Ricer Terrence R $109,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gude Jacob A $20,000
Open Melvin Rita A $373,760
Previous Owner Ricer Terrence R $200,000
Previous Owner Ricer Terrence R $109,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/28/2016 11/28/16 Sold $365,000 +4.3% $166 / Sq Ft
10/16/2016 10/16/16 Pending -- -- --
10/11/2016 10/11/16 For Sale $350,000 -- $159 / 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
2024 $5,122 $457,233 $0 $0
2023 $4,977 $436,467 $0 $0
2022 $4,344 $415,700 $182,000 $233,700
2021 $9,114 $404,433 $0 $0
2020 $4,433 $393,167 $0 $0
2019 $4,354 $381,900 $156,000 $225,900
2018 $3,781 $372,833 $0 $0
2017 $4,090 $363,767 $0 $0
2016 -- $354,700 $0 $0
2015 -- $354,700 $0 $0
2014 -- $354,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001629121

Bright MLS

APN: 04-497-90022218