NOT LISTED FOR SALE

8403 Terry Lee Way Severn, MD 21144

Estimated Value: $934,486 - $1,028,000

5 Beds
5.5 Baths
5,198 Sq Ft
$185/Sq Ft Est. Value

Last Sold January 23, 2019

Last sale price $632,000 $122 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $5,866/month

Highlights

  • 2.08 Acre Lot
  • Colonial Architecture
  • 1 Fireplace
  • Open Floorplan
  • Attic
  • Combination Kitchen and Living

About This Home

As of January 2019

Beautiful single-family open flr plan home on 2 acres, 3 finished levels, 5 bed, 5 baths. Each bed rm has a full bath. Gourmet kit w/breakfast island, sun rm flows into fam rm & also into formal living/dining rm. Luxury master suite w/supe bath & walk-in closet. Finished basement w/den, full bath, Rec rm, and bedroom. Deck with beautiful view of large open space & wooded area.Update HVAC

Last Agent to Sell the Property

Un McAdory

(410) 300-8643 unmcadory@gmail.com Realty 1 Maryland, LLC License #610467 Listed on: 09/30/2018

Last Buyer's Agent

Michelle Smith

(410) 271-1381 michellesmith.c21@gmail.com CENTURY 21 New Millennium

CENTURY 21 New Millennium

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,892

Year Built

  • Built in 2004

Lot Details

  • 2.08 Acre Lot
  • Property is in very good condition
  • Property is zoned R1

HOA Fees

  • $15 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Ceiling Fan
  • 1 Fireplace
  • Family Room Off Kitchen
  • Combination Kitchen and Living
  • Dryer
  • Attic

Kitchen

  • Eat-In Galley Kitchen
  • Breakfast Area or Nook
  • Built-In Double Oven
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • En-Suite Bathroom

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Rear Basement Entry
  • Basement with some natural light

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • 120/240V
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • Pine Village Subdivision
  • The community has rules related to covenants

Listing and Financial Details

  • Tax Lot 25
  • Assessor Parcel Number 020457090211494

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,892

Year Built

Built in 2004

Lot Details

0

HOA Fees

$15 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Parking Included In ListPrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2018-09-30
  • Federal Flood Zone: No
  • Year Built: 2004
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Disposal, Dryer, Exhaust Fan, Oven - Double, Oven - Wall, Refrigerator
  • Interior Amenities: Attic, Family Room Off Kitchen, Kitchen - Galley, Combination Kitchen/Living, Kitchen - Island, Kitchen - Table Space, Breakfast Area, Kitchen - Eat-In, Upgraded Countertops, Primary Bath(s), Floor Plan - Open
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Foyer
  • Levels Count: 3+
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Outside Entrance, Rear Entrance, Full, Fully Finished, Heated, Daylight, Partial, Walkout Stairs
  • Living Area Units: Square Feet
  • Total Sq Ft: 5198
  • Living Area Sq Ft: 5198
  • Price Per Sq Ft: 174.01
  • Above Grade Finished Sq Ft: 3678
  • Below Grade Finished Sq Ft: 1520
  • Total Below Grade Sq Ft: 1520
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 6
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 4
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 4.00
  • Lower Levels Bathrooms: 1.00
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Combination, Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Electric Service: 120/240V
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 175.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Rules: Covenants
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Improvement Assessed Value: 494000.00
  • Land Assessed Value: 180300.00
  • Lot Size Acres: 2.08
  • Lot Size Area: 90605
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 90605.00
  • Property Condition: Very Good
  • Zoning: R1
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15343329
  • Tax Annual Amount: 6891.61
  • Assessor Parcel Number: 020457090211494
  • Tax Lot: 25
  • 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
Sep 30, 2018
Closed on
Jan 23, 2019
Sold by
Shim Lee Jeong Shim and Shim Han Jeong
Bought by
Smith Robert T and Smith Nicole M
Seller's Agent
Un McAdory
Realty 1 Maryland, LLC
Buyer's Agent
Michelle Smith
CENTURY 21 New Millennium
List Price
$699,000
Sold Price
$632,000
Premium/Discount to List
-$67,000
-9.59%
Current Estimated Value
$962,872

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$330,872
Avg. Annual Appreciation
6.42%
Original Mortgage
$505,600
Outstanding Balance
$444,525
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$518,347

Purchase Details

Closed on
Sep 24, 2004
Sold by
Severn Run Woods Llc
Bought by
Han Yoon Eui and Han Jeong Shim
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
Smith Robert T $632,000 Title Resources Guaranty Co
Han Yoon Eui $589,806 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Robert T $505,600
Closed Han Yoon Eui --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/23/2019 01/23/19 Sold $632,000 -1.3% $122 / Sq Ft
12/17/2018 12/17/18 Pending -- -- --
11/09/2018 11/09/18 Price Changed $640,000 -5.7% $123 / Sq Ft
10/18/2018 10/18/18 Price Changed $679,000 -2.9% $131 / Sq Ft
09/30/2018 09/30/18 For Sale $699,000 -- $134 / 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 $9,434 $864,600 $235,300 $629,300
2024 $9,434 $810,200 $0 $0
2023 $8,787 $755,800 $0 $0
2022 $7,820 $701,400 $205,300 $496,100
2021 $15,451 $692,367 $0 $0
2020 $7,595 $683,333 $0 $0
2019 $7,507 $674,300 $180,300 $494,000
2018 $6,561 $647,067 $0 $0
2017 $6,189 $619,833 $0 $0
2016 -- $592,600 $0 $0
2015 -- $592,400 $0 $0
2014 -- $592,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Un McAdory

    Seller's Agent in 2019

    Un McAdory

    Realty 1 Maryland, LLC

    (410) 300-8643

    411 Total Sales

    Un McAdory
    Section Image
  • Michelle Smith

    Buyer's Agent in 2019

    Michelle Smith

    Century 21 New Millennium

    (410) 271-1381

    58 Total Sales

    Michelle Smith
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1007546336

Bright MLS

APN: 04-570-90211494

Maryland Anne Arundel County Severn 21144

8403 Terry Lee Way, Severn, MD

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