See Home Value
$1,450,000
● House - Off Market

394 NORTH DRIVE

SEVERNA PARK, MD 21146
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,621 Ft²
$8,153
Est. Monthly
$7
HOA / Fees

About This Property

Wake up to expansive views of the Magothy River from this completely renovated Coastal Cottage in the PRICE REDUCED! Severna Park community of Magothy Beach!    Deep water (8' +MLW) with boat lift on updated pier,   Step inside to discover the water views from both levels,   Open layout offers a great room with gas fireplace for the upcoming chilly weather, a chef's dream kitchen with abundance of cabinetry, quartz countertop, tiled backsplash & deluxe s/s appliances including 5 burner gas stove and 9' island for ample seating plus separate dining room with custom lighting,  Sliders lead to waterside deck  for relaxing while taking in the tranquil view, that steps down to custom patio for additional dining/grilling & entertaining space, Two bedrooms with custom details and two luxuriant bathrooms with tiled showers/baths , HVAC is electric with propane gas backup (1 yr), Architectural roof (1 yr), Windows & doors (1) LPV throughout  with exception of custom-tiled bathrooms , Lower level boasts an oversized family room  for additional gathering and entertaining space, a bar/entertaining area and half bath (with RI full bath connection should you wish to reconvert back to full bath).   Ample storage in the unfinished portion of LL as well as two outdoor storage outbuildings including a shed and waterside storage for your toys or equipment, Lawn sprinklers on waterfront side, Public water/sewer, Severna Park school district, Flood insurance not required, HOA paid as part of taxes
Unit Size
2,621 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$572
Property Type
House
Property Taxes
$786
HOA Dues
$7
Year Built
1940

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Last updated: 9 days ago (Bright MLS #MDAA2131528)

Price History

Date / Event Date Event Price
Oct 6, 2026 Sold
Sold
Jul 14, 2026 In contract -
In contract
Jul 10, 2026 Price Decreased $1,499,000
↓ $36K (2.4%)
Price Decreased
May 29, 2026 Price Decreased $1,535,000
↓ $15K (1%)
Price Decreased
May 21, 2026 Price Decreased $1,550,000
↓ $10K (0.6%)
Price Decreased
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Property Highlights

Air Conditioning
Fireplace
With View

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 25
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 544
  • Garage Type: 3
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 9
  • Location Influence Type: 23

    Dimensions

  • Lot Size Square Feet: 12,600
  • Total Building Area: 1,512
  • Gross Building Area: 1,512
  • Building Area: 1,512
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,056
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAGOTHY BEACH
  • Land Acres: 0000000289
  • Standard Land Use Code: 1001
  • County Land Use Code: R-A001
  • Legal Description 1: PT LTS 48 49 394 NORTH DR MAGOTHY BEACH

Neighborhood

  • School District Name: Anne Arundel County Public Schools
  • Census Tract: 731207

Zoning

  • Zoning: R5

Geography

  • Assessors Map Reference: 24 21 345
  • Account Number: 52028671700
  • District: 03
  • Parcel: 03-520-28671700
  • Lot: 48
  • Latitude: 39.0893
  • Longitude: -76.5277

    Address

  • Full Address: 394 North Dr
  • Address - House Number: 394
  • Address - Street Name: North
  • Address - Suffix Type: Dr
  • State: MD
  • City Name: Severna Park
  • Carrier Code: R002
  • 4-Digit Zip Code: 2120
  • Zip Code: 21146

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $733,558

    Appraisal Valuation

  • Standard Deviation: 0.1404
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 83
  • Final Value: 948,063
  • High Value: 1,081,204
  • Low Value: 814,921

    Market Valuation

  • Market Total Value: $740,700
  • Market Land Value: $598,300
  • Market Improvement Value: $142,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $723,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 09, 2010
  • Current Sale Recording Date: Dec 09, 2010
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 000001
  • Previous Sale Recording Date: Jan 23, 2009
  • Previous Sale Contract Date: Jan 09, 2009
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

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

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Frequently Asked Questions

When was property at 394 North Drive built and last sold?
The property at 394 North Drive was built in 1940 and last sold on Dec 9, 2010 for $625,000.
How much is this home worth?
The estimated value of the home located at 394 North Drive is $1,521,436.
What are some comparable homes to 394 North Drive?
There are currently no comparable homes to 394 North Drive.

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