NOT LISTED FOR SALE

112 Magnolia Ave Pasadena, MD 21122

Estimated Value: $542,031 - $623,000

Studio
3 Baths
2,912 Sq Ft
$200/Sq Ft Est. Value

Last Sold April 29, 2022

Last sale price $490,000 $168 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,377/month

30 Days on Market

Highlights

  • Central Air
  • Oak Hill Elementary School Rated A-
  • Heat Pump System

About This Home

As of April 2022

Investors!! Wonderful Investment Opportunity! Lead Free Building!!
3 Units, fully rented! All with Kitchens. First Floor is what was the Post Office at one time! This unit has 2 bedrooms. 1400 sq ft. estimated. Top floor is 2- two bedroom apartments!
Roof is Torch Down Rubber Roof and was silver coated in February 2018! Remodeled in 2012! Rentals are $1392, $1250 and $1144!
Total square footage of house above grade is 2,912 per tax record!
This unit is close to the B & A Bike Trail, Severna Park, Annapolis and easy access to major roads to D.C. as well as BWI, Ft. Meade and many shopping areas. Documents available.

Last Agent to Sell the Property

Charles Cockrill

(410) 266-0600 annapoliswest@penfedrealty.com Berkshire Hathaway HomeServices PenFed Realty License #34091 Listed on: 02/23/2022

Berkshire Hathaway HomeServices PenFed Realty

Co-Listed By

Patricia Roe

(410) 266-0600 annapoliswest@penfedrealty.com Berkshire Hathaway HomeServices PenFed Realty License #517844

Last Buyer's Agent

Joseph Grimes

(410) 255-3690 joegrimes1@outlook.com Douglas Realty, LLC License #530821

Douglas Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,156

Year Built

  • Built in 1950

Lot Details

  • 5,000 Sq Ft Lot
  • Property is in good condition

Parking

  • Driveway

Home Design

  • Stucco

Kitchen

  • Stove

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Private Sewer

Additional Features

  • Unfinished Basement

Community Details

  • 3 Units
  • 2-Story Building

Listing and Financial Details

  • Tax Lot 47
  • Assessor Parcel Number 020363400619500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,156

Year Built

Built in 1950

Lot Details

5,000 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1950
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Stove, Refrigerator
  • Fireplace: No
  • Foundation Details: Other
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 4368
  • Living Area Sq Ft: 2912
  • Price Per Sq Ft: 171.67
  • Above Grade Finished Sq Ft: 2912
  • Below Grade Sq Ft: 1456
  • Total Below Grade Sq Ft: 1456
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stucco
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Private Sewer
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5000.00
  • Property Condition: Good
  • Zoning: R2
  • In City Limits: No

Rental Info

  • Rent Control: No
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4156.00
  • Assessor Parcel Number: 020363400619500
  • Tax Lot: 47
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2022
Closed on
Apr 29, 2022
Sold by
North Arundel Properties Llc
Bought by
Berger Christopher John
Seller's Agent
Charles Cockrill
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Joseph Grimes
Douglas Realty, LLC
List Price
$499,900
Sold Price
$490,000
Premium/Discount to List
-$9,900
-1.98%
Current Estimated Value
$581,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,758
Avg. Annual Appreciation
4.54%
Original Mortgage
$360,000
Interest Rate
4.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 1997
Sold by
Cunningham Alton H
Bought by
North Arundel Properties Llc

Purchase Details

Closed on
Mar 3, 1997
Sold by
Cunningham Alton H
Bought by
Cunningham Alton H
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Berger Christopher John $490,000 Admiral Title
North Arundel Properties Llc $84,000 --
Cunningham Alton H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Berger Christopher John $360,000
Closed North Arundel Properties Llc --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2022 04/29/22 Sold $490,000 0.0% $168 / Sq Ft
03/25/2022 03/25/22 Pending -- -- --
03/25/2022 03/25/22 Off Market $490,000 -- --
02/23/2022 02/23/22 For Sale $499,900 -- $172 / Sq Ft
Source: Bright MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,594 $427,567 -- --
2024 $4,594 $373,700 $162,200 $211,500
2023 $4,523 $370,833 $0 $0
2022 $4,276 $367,967 $0 $0
2020 $3,979 $343,400 $0 $0
2019 $3,755 $321,700 $0 $0
2018 $3,042 $300,000 $111,700 $188,300
2017 $3,317 $286,000 $0 $0
2016 -- $285,733 $0 $0
2015 -- $258,000 $0 $0
2014 -- $258,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA2025346

Bright MLS

APN: 03-634-00619500

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