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8707 Downey Road

8707 Downey Road, Severn, MD 21144
Property in Severn
Sold Oct 24, 2017
$242,000
$234,740 by First Savings Mortgage Corp
Mortgage Due Jul 01, 2047
Sold Oct 30, 1998
Transfer
Local assessors in Severn, MD have categorized 8707 Downey Road as a residential type of property. The home was built in 1956 and is 68 years old. The property's lot size has been calculated to be 26,908 square feet. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 8707 Downey Road has a total of 985 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. The building has a roof that is made of composition shingle. Lots of unknown were used in the construction of the exterior walls of the home. The home's a forced air unit is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 8707 Downey Road was last sold in Jun 22, 2017 for $242,000. According to our calculations, that's $245.69 per sqft. Current property owners are expected to pay $2,380 in taxes per year. The property on 8707 Downey Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $244,767. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: B
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 26,908
  • Total Building Area: 985
  • Gross Building Area: 985
  • Building Area: 985
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 985
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: SEVERN LEA
  • Land Acres: 0.618
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LT 18 8707 DOWNEY RD SEVERN LEA

Ownership

  • Current Owner : ARMSTRONG KEVIN
  • Current Owner 2: ARMSTRONG MARY
  • Previous Owner : ADAMS CYNTHIA D
  • Owner Before Previous Owner: ADAMS TIMOTHY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Anne Arundel County Public Schools
  • Census Tract: 740105

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: 21 5 35
  • Account Number: 74106367200
  • District: 04
  • Parcel: 04-741-06367200
  • Lot: 18
  • Latitude: 39.1107
  • Longitude: -76.6999

    Address

  • Full Address: 8707 Downey Rd
  • Address - House Number: 8707
  • Address - Street Name: Downey
  • Address - Suffix Type: Rd
  • State: MD
  • City Name: Severn
  • Carrier Code: R009
  • 4-Digit Zip Code: 2935
  • Zip Code: 21144

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,380

    Appraisal Valuation

  • Standard Deviation: 0.1802
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 76
  • Final Value: 356,156
  • High Value: 420,340
  • Low Value: 291,972

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $234,740
  • First Open Lien Mortgage Lender: FIRST SAVINGS MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Oct 24, 2017
  • First Open Lien Mortgage Loan Amount: $234,740
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2047

    Market Valuation

  • Market Total Value: $288,300
  • Market Land Value: $197,700
  • Market Improvement Value: $90,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $244,767

    Sales

  • Current Sale Contract Date: Jun 22, 2017
  • Current Sale Recording Date: Oct 24, 2017
  • Current Sale Transaction ID: 11295849315
  • Current Sale Price: $242,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 31485-123
  • Previous Sale Recording Date: Oct 30, 1998
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST SAVINGS MORTGAGE CORP
  • First Mortgage Transaction Date: Oct 24, 2017
  • First Mortgage Loan Amount: $234,740
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2047

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Frequently Asked Questions

What neighborhood is 8707 Downey Road located in?
The 8707 Downey Road is a located in the neighborhood of Severn in Severn, Severn.
What is the average sales price for listings in 8707 Downey Road?
The average sales price for units in 8707 Downey Road is $0 currently.

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