NOT LISTED FOR SALE

8424 Terry Lee Way Severn, MD 21144

Estimated Value: $880,000 - $911,000

-- Bed
5 Baths
3,332 Sq Ft
$269/Sq Ft Est. Value

About This Home

This home is located at 8424 Terry Lee Way, Severn, MD 21144 and is currently estimated at $896,950, approximately $269 per square foot. 8424 Terry Lee Way is a home located in Anne Arundel County with nearby schools including Ridgeway Elementary School, Old Mill High School, and Annapolis Area Christian School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 4, 2005
Sold by
Severn Run Woods Llc
Bought by
Gillis James M and Gillis Katherine P
Current Estimated Value
$896,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$512,000
Outstanding Balance
$269,870
Interest Rate
6.01%
Mortgage Type
New Conventional
Estimated Equity
$627,080
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
Gillis James M $653,240 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gillis James M $512,000
Source: Public Records

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 $8,605 $783,700 $227,300 $556,400
2024 $8,605 $734,467 $0 $0
2023 $8,016 $685,233 $0 $0
2022 $7,136 $636,000 $197,300 $438,700
2021 $6,973 $629,933 $0 $0
2020 $6,973 $623,867 $0 $0
2019 $6,916 $617,800 $172,300 $445,500
2018 $6,017 $593,367 $0 $0
2017 $6,240 $568,933 $0 $0
2016 -- $544,500 $0 $0
2015 -- $538,700 $0 $0
2014 -- $532,900 $0 $0
Source: Public Records

Map

Maryland Anne Arundel County Severn 21144

8424 Terry Lee Way, Severn, MD

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