tomo logo

$699,999

Beds
5
Baths
3.5
sq ft
3,564

1518 Monard Ave, Severn, MD 21144

1518 Monard Ave

SEVERN, MD 21144

  • 16 days on market
Welcome to this pristine original-owner home built by reputable Koch Homes. Over 3500 sq. ft. of finished living space with 5 Bedrooms and 3.5 baths. The entry-level boasts hardwood flooring and an open, airy floor plan with nine ft. ceilings. Sunny and spacious kitchen with SS appliances, a walk-in pantry, and a sliding door that leads to a 16' x 25' maintenance-free deck. Huge 18x14 great room! Fresh neutral paint and new carpet throughout. Main level office or den. The upper level features four generous-sized bedrooms, all with ample closet space. The owner's suite has two walk-in closets, a double vanity, a ceramic bath, and a linen closet. A second full-hall bath, laundry room with a washer and dryer, and two additional linen closets complete the upper level. The lower level has a 19 x 13 recreation room, bedroom number 5, and a full ceramic bath. There is also a 17 x 12 unfinished storage/gym and utility area. The fully vinyl-fenced backyard is where even the playset conveys!

Details

Property type

Single Family Residence

Est. home value

$658,222

Lot size

0.24 acres

Price per sq ft

$197

Year built

2012

Annual property taxes

$4,477

HOA

No

Price History

02/15/2025
Bright

Bright #MDAA2104034

Listed
$699,999
+23.89%
06/30/2021
Bright

Bright #MDAA469248

Sold
$565,000

Schools & Community

Elementary school: 

RIDGEWAY

Middle school: 

OLD MILL MIDDLE SOUTH

High school: 

OLD MILL

Community features: 

Sidewalks

School district: 

ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$140,037
Asking price
$699,999
Closing costs (~8% of asking)
-$56,000
Est. remaining loan balance
-$503,962
Cash to seller
$140,037

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Pennymac Loan Services Llc

Loan start date

June 2021

Original loan amount

$548,050

Est. remaining balance

$503,962

Interest rate

2.94%

Loan type

New Conventional, 30 year

Seller

Yazan Hassan Zaidi

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/04/2025 at 12:00 AM

Listing updated: 02/23/2025 at 8:59 PM

Listed by: Abid Rizvi, Forestar Realty, LLC Phone #: (301) 534-9795

MLS: Bright #MDAA2104034

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