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Severna Park 21146 Severna Park
329 SCHERER LANE
$944,500
● House - Off Market

329 SCHERER LANE

SEVERNA PARK, MD 21146
bedrooms
6 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
5,380 Ft²
$1,496,034
RealtyHop Estimate
53.46%
Since May 1, 2018
National-US
Primary Model

About This Property

Stunning 6 bdrm showcase home in sought after S.P.! Over 5,300 sq ft & 4 levels of beautiful, high-end finishes. Gourmet kitchen w/ light-filled morning rm. Spacious fam rm w/ f.p. Fin. 3rd level w/ bdrm & full bath. The basement is an entertainer's dream-rec rm,state of the art theater, & an amazing bar. Approx $200k in upgrades, not including builder options! Rare opportunity in Park Ridge Comm!
Unit Size
5,380 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$181
Property Type
House
Property Taxes
$661
HOA Dues
$106
Year Built
2013

Payment Calculator

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 7 months ago (Bright MLS #1004937177)

Price History

Date / Event Date Event Price
Apr 19, 2018 Sold
Premium
Sold
Jan 23, 2018 Listed by RE/MAX Leading Edge $974,900
Listed by RE/MAX Leading Edge
Apr 9, 2013 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2013
  • Effective Year Built: 2013
  • Bedroom Count: 0
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Building Condition: 0
  • Building Quality: 9
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 25
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 1,612
  • Garage Type: 2
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,705
  • Total Building Area: 3,903
  • Gross Building Area: 3,903
  • Building Area: 3,903
  • Building Area Measurement: T

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 4,839
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PARK RDG CYPRESS LNDG SEC 1
  • Land Acres: 0000000292
  • Standard Land Use Code: 1001
  • County Land Use Code: R-A001
  • Legal Description 1: LT 28 329 SCHERER LN PARK RIDGE

Neighborhood

  • School District Name: Anne Arundel County Public Schools
  • Census Tract: 730605

Geography

  • Assessors Map Reference: 23 18 583
  • Account Number: 63390233200
  • District: 03
  • Parcel: 03-633-90233200
  • Lot: 28
  • Latitude: 39.0932
  • Longitude: -76.5664

    Address

  • Full Address: 329 Scherer Ln
  • Address - House Number: 329
  • Address - Street Name: Scherer
  • Address - Suffix Type: Ln
  • State: MD
  • City Name: Severna Park
  • Carrier Code: R005
  • 4-Digit Zip Code: 1828
  • Zip Code: 21146

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $922,334

    Appraisal Valuation

  • Standard Deviation: 0.159
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 80
  • Final Value: 1,155,180
  • High Value: 1,338,944
  • Low Value: 971,416

    Market Valuation

  • Market Total Value: $901,900
  • Market Land Value: $320,400
  • Market Improvement Value: $581,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $878,467

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 12, 2018
  • Current Sale Recording Date: Apr 19, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Apr 09, 2013
  • Previous Sale Contract Date: Mar 04, 2013
  • Previous Sale Amount: $751,885
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Severna Park

Stats & Trends

Median Asking:

$750,000

Sale Price/ft²

$296

Below Asking

0.02%

Average Days on Market

44

Average Home Size

1675 ft²

Average Home Age

36.3 years

Currently For Sale

82 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 598 Alston Place, SEVERNA PARK, MD, 21146

$4,400 /mo

  • 4 Beds
  • 3 Baths
  • 2,680 ft²
598 Alston Place, SEVERNA PARK, MD, 21146 Listing by Jacqueline Shea
Unit for rent at 91 Premier Court, SEVERNA PARK, MD, 21146

$4,995 /mo

  • 3 Beds
  • 2 Baths
  • 3,032 ft²
91 Premier Court, SEVERNA PARK, MD, 21146 Listing by Michael A. Mulvey
Unit for rent at 101 Tarks Lane, SEVERNA PARK, MD, 21146

$4,700 /mo

  • 5 Beds
  • 4 Baths
  • 4,600 ft²
101 Tarks Lane, SEVERNA PARK, MD, 21146 Listing by Jonathan Minerick

Rentals Near You

Click here to view more rentals in the neighborhood.
Bright MLS

Listed by: Jason P Donovan
RE/MAX Leading Edge
Last Updated: 7 hours ago
Data Source: Bright MLS , MLS# 1004937177
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.

Frequently Asked Questions

When was property at 329 Scherer Lane built and last sold?
The property at 329 Scherer Lane was built in 2013 and last sold on Apr 12, 2018 for $944,500.
How much is this home worth?
The estimated value of the home located at 329 Scherer Lane is $983,345.
What are some comparable homes to 329 Scherer Lane?
There are currently no comparable homes to 329 Scherer Lane.
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