M
Landlord's Agent in 2024
Michael MacKay
Bay Property Management Group
(240) 778-3264
848 Derby Farms Dr Severn, MD 21144
Estimated Value: $552,000 - $582,000
4
Beds
2.5
Baths
2,050
Sq Ft
$276/Sq Ft
Est. Value
Highlights
- 0.35 Acre Lot
- 1 Fireplace
- Ceiling Fan
- Traditional Architecture
- 2 Car Attached Garage
- Heat Pump System
About This Home
As of October 2024Charming 4 BR/2.5 BA Single-Family Home in Severn! Featuring beautiful flooring and neutral-toned walls. The living area is spacious and includes a fireplace, with a separate dining area nearby. The kitchen is equipped with stone countertops, plenty of cabinetry, and updated appliances. A laundry room with a washer, dryer, and storage is available for added convenience, along with a half bathroom on the main level, ideal for guests. Relax or dine on the deck. Upstairs, you’ll find four spacious bedrooms with ample closet space. The master bedroom features its own full bathroom and walk-in closet, while the second full bathroom is located in the hallway for easy access! Parking options include an attached garage, driveway and on-street parking!
Local Attractions and Nearby Highways:
- Arundel Mills Mall: A large shopping and entertainment destination featuring retail stores, restaurants, a movie theater, and Maryland Live! Casino.
- Kinder Farm Park: A nearby park offering walking trails, picnic areas, playgrounds, and a working farm with animals, perfect for outdoor activities with family.
- Severn-Danza Park: A local park with sports fields, playgrounds, and picnic areas, offering recreational opportunities for the community.
- Fort Meade: A nearby military base that also hosts various community events and offers historic tours, providing a unique connection to the region's military history.
- Odenton MARC Station: A nearby transit station providing commuter rail service to
Washington, D.C., and Baltimore, offering convenient transportation options.
- Interstate 97 (I-97): A major highway providing easy access to Annapolis, Baltimore, and surrounding areas, making commuting and travel simple.
- Maryland Route 32 (MD-32): An important east-west route connecting Severn to Fort Meade, Columbia, and other key destinations, facilitating efficient travel.
Small pets are welcome with additional pet deposit!
Application Qualifications: Minimum income of 3 times the monthly rent, no evictions or recent filings, current accounts in good standing, and a clean criminal background check.
All Bay Management Group residents are automatically enrolled in the Resident Benefits Package (RBP) for $39.95/month, which includes renters insurance, credit building to help boost your credit score with timely rent payments, $1M Identity Protection, HVAC air filter delivery (for applicable properties), move-in concierge service making utility connection and home service setup a breeze during your move-in, our best-in-class resident rewards program, and much more! The Resident Benefits Package is a voluntary program and may be terminated at any time, for any reason, upon thirty (30) days’ written notice. Tenants that do not upload their own renters insurance to the Tenant portal 5 days prior to move in will be automatically included in the RBP and the renters insurance program. More details upon application.
Last Agent to Rent the Property
(240) 778-3264 bmgrentals@baymgmtgroup.com Bay Property Management Group Listed on: 09/27/2024
Last Renter's Agent
(443) 324-3595 jdmason5130@msn.com Mason Realty, LLC License #576769
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,704
Year Built
- Built in 1987
Lot Details
- 0.35 Acre Lot
- Property is zoned R2
Parking
- 2 Car Attached Garage
- Driveway
- On-Street Parking
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Brick Foundation
- Frame Construction
Interior Spaces
- 2,050 Sq Ft Home
- Property has 2 Levels
- Ceiling Fan
- 1 Fireplace
Bedrooms and Bathrooms
- 4 Bedrooms
Schools
- Corkran Middle School
- Glen Burnie High School
Utilities
- Heat Pump System
Community Details
- $40 Other Monthly Fees
- Severn Subdivision
Listing and Financial Details
- Residential Lease
- Security Deposit $3,300
- 12-Month Min and 24-Month Max Lease Term
- Available 9/27/24
- Assessor Parcel Number 020420290050612
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 3, 2023
Closed on
Apr 14, 2023
Sold by
Herbert Michael Joseph
Bought by
Latawiec Rachel and Latawiec Erik
Seller's Agent
Edward Wong
Advantage Realty of Maryland
Buyer's Agent
Quajalyn Amos
Hyatt & Company Real Estate, LLC
List Price
$525,000
Sold Price
$535,000
Premium/Discount to List
$10,000
1.9%
Views
27
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,286
Avg. Annual Appreciation
2.26%
Original Mortgage
$552,655
Interest Rate
6.39%
Mortgage Type
VA
Purchase Details
Closed on
Aug 17, 2012
Sold by
Herbert Michael Joseph
Bought by
Herbert Michael Joseph and Li Yanlin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,463
Interest Rate
3.56%
Mortgage Type
VA
Purchase Details
Closed on
Apr 4, 2011
Sold by
Not Provided
Bought by
Herbert Michael Joseph
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$347,207
Interest Rate
5.04%
Mortgage Type
VA
Purchase Details
Closed on
Mar 15, 2011
Sold by
Not Provided
Bought by
Herbert Michael Joseph
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$347,207
Interest Rate
5.04%
Mortgage Type
VA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Latawiec Rachel | $535,000 | Results Title | |
| Latawiec Rachel | $535,000 | Results Title | |
| Herbert Michael Joseph | -- | Lakeview Title Company | |
| Herbert Michael Joseph | $339,900 | -- | |
| Herbert Micahel Joseph | $339,900 | -- | |
| Herbert Michael Joseph | $339,900 | -- | |
| Herbert Micahel Joseph | $339,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Latawiec Rachel | $552,655 | |
| Previous Owner | Herbert Michael Joseph | $348,463 | |
| Previous Owner | Herbert Micahel Joseph | $347,207 | |
| Previous Owner | Herbert Micahel Joseph | $347,207 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/04/2024 10/04/24 | Rented | $3,300 | 0.0% | -- | |
| 09/27/2024 09/27/24 | For Rent | $3,300 | 0.0% | -- | |
| 04/14/2023 04/14/23 | Sold | $535,000 | 0.0% | $261 / Sq Ft | View Prior Sale |
| 03/06/2023 03/06/23 | Pending | -- | -- | -- | |
| 03/06/2023 03/06/23 | Off Market | $535,000 | -- | -- | |
| 03/03/2023 03/03/23 | For Sale | $525,000 | -- | $256 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $4,704 | $409,300 | $194,900 | $214,400 |
| 2024 | $4,704 | $392,267 | $0 | $0 |
| 2023 | $4,571 | $375,233 | $0 | $0 |
| 2022 | $3,995 | $358,200 | $179,900 | $178,300 |
| 2021 | $7,843 | $347,700 | $0 | $0 |
| 2020 | $3,809 | $337,200 | $0 | $0 |
| 2019 | $3,741 | $326,700 | $154,300 | $172,400 |
| 2018 | $3,226 | $318,167 | $0 | $0 |
| 2017 | $3,515 | $309,633 | $0 | $0 |
| 2016 | -- | $301,100 | $0 | $0 |
| 2015 | -- | $300,567 | $0 | $0 |
| 2014 | -- | $300,033 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Michael MacKay
-
Jackie Mason
J
Tenant's Agent in 2024
Jackie Mason
Mason Realty, LLC
(443) 324-3595
1 in this area
7 Total Sales
-
Edward Wong
Seller's Agent in 2023
Edward Wong
Advantage Realty of Maryland
(443) 600-8888
4 in this area
203 Total Sales
-
Quajalyn Amos
Q
Buyer's Agent in 2023
Quajalyn Amos
Hyatt & Company Real Estate, LLC
(301) 613-0989
1 in this area
4 Total Sales
Map
Source: Bright MLS
MLS Number: MDAA2095574
APN: 04-202-90050612
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