582 Richard Way, Severna Park, MD, 21146
About This Home
Check out this 6 bedroom, 3.5 bathroom home located in the heart of Severna Park offering a GREAT location, location, location. Walking distance to Severna Park High School. 5 minutes to Severna Park shopping areas. Tucked back off Benfield Rd at the end of a cul-de-sac for private feel. Step out the door and walk down the beach road to the water on Forked Creek. Spacious Master Suite with large bathroom and walk in closet. Main level laundry room conveniently located between 4 upper bedrooms. Grand entry opens up to a HUGE open concept living room/kitchen/dining space is a dream for those who love to host large gatherings. Kitchen has large 2 level island with granite counters and good prep space and seating space for 4. Stainless steel appliances. Expansive living room has a wood burning stove. Large dining area with walk out to large, quiet screened in porch perfect for morning coffee or hosting cook outs or crab feasts. Finished basement with bathroom, mud room and bedroom. Tons of storage space in interior and exterior crawl spaces and 2 very spacious attic spaces with pull down steps for each. Lots of yard space. Giant 6 Car driveway. Modified 2 car garage. New roof in Nov 2024. New furnace 2026. Freshly painted throughout. New carpets in Master and basement 2026. Garage Doors 2026. Hardwood throughout main level. Great study/office space with 4 work areas for the kids.
Getting Around
Car-Dependent
No Nearby Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1966
Materials
- Foundation: Concrete Perimeter,Crawl Space
- Roof: Architectural Shingle
- Construction materials: Masonry,Vinyl Siding
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Laundry features: Dryer In Unit,Upper Level,Washer In Unit
Basement
- Area: 1050
Basement
- Has basement: Yes
- Basement: Finished,Garage Access,Heated,Improved,Sump Pump,Water Proofing System
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
- Main level bathrooms: 3
- Main level bedrooms: 5
Features
- Breakfast Area,Combination Dining/Living,Combination Kitchen/Dining,Combination Kitchen/Living,Crown Molding,Dining Area,Double/Dual Staircase,Open Floorplan,Eat-in Kitchen,Primary Bath(s),Dry Wall
- Flooring: Carpet,Ceramic Tile,Hardwood,Vinyl,Wood
- Number of fireplaces: 1
- Fireplace features: Wood Burning,Wood Burning Stove
- Fireplace: Yes
- Finished area below ground: 850
- Finished area above ground: 2,552
Heating & Cooling
- Heating features: Other,Natural Gas
- Cooling features: Central Air,Electric
Interior Area
- Total structure area: 3,602
- Total interior livable area: 3,402 sqft
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 020300022183803
- Zoning: R1
- Special condition: Standard
Features
- Levels: Split Foyer,Two
- Stories: 2
- Pool features: None
- Exterior features: Lighting,Flood Lights,Stone Retaining Walls
Lot
- Lot size: 0.40 Acres
- Features: Backs to Trees,Cul-De-Sac,Front Yard,Wooded,Rear Yard,SideYard(s),Vegetation Planting
Parking
- Total spaces: 7
- Parking features: Garage Faces Front,Garage Faces Rear,Inside Entrance,Asphalt,Attached,Driveway
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
- Has uncovered spaces: Yes
- Uncovered spaces: 6
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Lightning
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Maryland Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $4,343 | $52,116 |
| Home Insurance * | $225 | $2,700 |
| Property Taxes | $453 | $5,436 |
| Electricity | $433 | $5,201 |
| Total | $5,454 | $65,448 |
Income You'd Need if You Spent...
Maryland FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-07 | Price change | $934,900 |
| 2026-04-23 | Listed for sale | $948,000 |
| 2004-03-23 | Sold | $175,000 |
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