NOT LISTED FOR SALE

8315 New Cut Rd Severn, MD 21144

Estimated Value: $558,000 - $654,301

5 Beds
3 Baths
2,248 Sq Ft
$265/Sq Ft Est. Value

Last Sold April 13, 2018

Last sale price $286,000 $127 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $3,565/month

Highlights

  • 2.88 Acre Lot
  • No HOA
  • Central Air
  • Rambler Architecture
  • Kitchen Island
  • Dining Area

About This Home

As of April 2018

Large detached rancher with almost 3 acres of land! Home offers updates throughout to include a huge rear back porch and parking for 4+ vehicles. Spacious open floor plan with lots of natural light. Huge open kitchen with breakfast area. Updated cabinets/counters and SS appliances. Huge mstr bedroom with soaking tub and sep. shower. Home does need some TLC and will require special financing.

Last Agent to Sell the Property

Mr. Craig W Wachter

(410) 224-2200 craig@midatlanticreo.net Coldwell Banker Realty Listed on: 01/16/2018

Coldwell Banker Realty

Last Buyer's Agent

Bridgette Jacobs

(443) 694-8030 bridgette@lnf.com Long & Foster Real Estate, Inc. License #628264

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,065

Year Built

  • Built in 1924

Lot Details

  • 2.88 Acre Lot
  • Property is zoned R1

Parking

  • Off-Street Parking

Home Design

  • Rambler Architecture
  • Vinyl Siding

Interior Spaces

  • Property has 1 Level
  • Dining Area
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • 3 Full Bathrooms

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Severn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 020400006405000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,065

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen - Island, Dining Area
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 5
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 3

Exterior Features

  • Construction Materials: Vinyl Siding
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

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
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 208800.00
  • Land Assessed Value: 183900.00
  • Lot Size Acres: 2.88
  • Lot Size Area: 125453
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 125453.00
  • Property Attached Yn: No
  • Zoning: R1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15266753
  • Tax Annual Amount: 4065.24
  • Assessor Parcel Number: 020400006405000
  • County Tax Payment Frequency: Annually
  • 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
Jan 16, 2018
Closed on
Apr 13, 2018
Sold by
U S Bank National Association
Bought by
Mckee Michael D and Keyser Julia A
Seller's Agent
Mr. Craig W Wachter
Coldwell Banker Realty
Buyer's Agent
Bridgette Jacobs
Long & Foster Real Estate, Inc.
List Price
$304,400
Sold Price
$286,000
Premium/Discount to List
-$18,400
-6.04%
Current Estimated Value
$596,575

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$310,575
Avg. Annual Appreciation
10.23%
Original Mortgage
$207,570
Outstanding Balance
$182,672
Interest Rate
5.5%
Mortgage Type
FHA
Estimated Equity
$413,903

Purchase Details

Closed on
Feb 3, 2015
Sold by
Nadel Jeffrey
Bought by
U S Bank National Association

Purchase Details

Closed on
Oct 27, 1997
Sold by
Wilson Erma E
Bought by
Kreamer Andrew H and Kreamer Emma E W
Source: Public Records

Range of Values:

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Average Value
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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
Mckee Michael D $286,000 Sage Title Group Llc
U S Bank National Association $345,000 None Available
Kreamer Andrew H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mckee Michael D $207,570
Closed Kreamer Andrew H --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/13/2018 04/13/18 Sold $286,000 -6.0% $127 / Sq Ft
01/30/2018 01/30/18 Pending -- -- --
01/16/2018 01/16/18 For Sale $304,400 -- $135 / 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 $5,120 $493,000 $238,900 $254,100
2024 $5,120 $460,400 $0 $0
2023 $4,430 $427,800 $0 $0
2022 $4,620 $395,200 $208,900 $186,300
2021 $9,223 $394,367 $0 $0
2020 $4,564 $393,533 $0 $0
2019 $4,559 $392,700 $183,900 $208,800
2018 $3,749 $369,700 $0 $0
2017 $3,767 $346,700 $0 $0
2016 -- $323,700 $0 $0
2015 -- $323,700 $0 $0
2014 -- $323,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004472891

Bright MLS

APN: 04-000-06405000