Road anomaly detection plays a crucial role in road maintenance and in enhancing the safety of both drivers and vehicles. Recent machine learning approaches for road anomaly detection have overcome the tedious and time-consuming process of manual analysis and anomaly counting; however, they often fall short in providing a complete characterization of road potholes. In this paper, we leverage transfer learning by adopting a pre-trained YOLOv8-seg model for the automatic characterization of potholes using digital images captured from a dashboard-mounted camera. Our work includes the creation of a novel dataset, comprising both images and their corresponding depth maps, collected from diverse road environments in Al-Khobar city and the KFUPM campus in Saudi Arabia. Our approach performs pothole detection and segmentation to precisely localize potholes and calculate their area. Subsequently, the segmented image is merged with its depth map to extract detailed depth information about the potholes. This integration of segmentation and depth data offers a more comprehensive characterization compared to previous deep learning-based road anomaly detection systems. Overall, this method not only has the potential to significantly enhance autonomous vehicle navigation by improving the detection and characterization of road hazards but also assists road maintenance authorities in responding more effectively to road damage.