NOT LISTED FOR SALE

1225 Magothy Rd Pasadena, MD 21122

Estimated Value: $377,000 - $525,000

2 Beds
1 Bath
600 Sq Ft
$742/Sq Ft Est. Value

Last Sold March 11, 2016

Last sale price $135,000 $225 Per Sq Ft

Est. 230% increase in value since last sale

Current estimated payment $2,737/month

94 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Rambler Architecture
  • Forced Air Heating System
  • Water Oriented
  • No HOA
  • Combination Dining and Living Room

About This Home

As of March 2016

Great opportunity in this 2 bedroom 1 bath home situated on a beautiful lot with water views! Hardwood floors, fireplace in living room, quiet street and more! This is a VA owned property. Property was built prior to 1978 and lead based paint potentially exists.

Last Agent to Sell the Property

Mike Farabaugh

EXP Realty, LLC License #528754 Listed on: 10/12/2015

EXP Realty, LLC

Last Buyer's Agent

Kenneth Gladden

Douglas Realty, LLC

Douglas Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,855

Year Built

  • Built in 1940

Lot Details

  • 0.41 Acre Lot
  • 100 Feet of Waterfront
  • Creek or Stream
  • Property is zoned R2

Parking

  • Off-Street Parking

Home Design

  • Rambler Architecture
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Combination Dining and Living Room
  • Water Views
  • Unfinished Basement
  • Connecting Stairway

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Well

Additional Features

  • Water Oriented
  • Property is near a creek

Community Details

  • No Home Owners Association
  • Boulevard Park Subdivision

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 020313890005974

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,855

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Ground Rent
  • New Construction: No
  • Story List: Lower 1, Main
  • Year Built: 1940
  • Remarks Public: Great opportunity in this 2 bedroom 1 bath home situated on a beautiful lot with water views! Hardwood floors, fireplace in living room, quiet street and more! This is a VA owned property. Property was built prior to 1978 and lead based paint potentially exists.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Combination Dining/Living
  • Fireplace: No
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Connecting Stairway, Unfinished
  • Living Area Units: Square Feet
  • Street Number Modifier: 1225

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Construction Materials: Vinyl Siding
  • Pool Private: No
  • View: Water
  • View: Yes
  • Water Access: No
  • Water Body Name: GRAYS CREEK
  • Water Body Type: Creek/Stream
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes
  • Water Frontage In Feet: 100

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: No
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 43100.00
  • Land Assessed Value: 204000.00
  • Lot Size Acres: 0.41
  • Lot Size Area: 18000
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 18000.00
  • Property Attached Yn: No
  • Year Assessed: 2015
  • Zoning: R2

Rental Info

  • Ground Rent Pymnt Freq: Annually
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15208193
  • Tax Annual Amount: 2855.49
  • Assessor Parcel Number: 020313890005974
  • Tax Lot: 18
  • Tax Total Finished Sq Ft: 600
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015
  • Close Date: 03/11/2016

Multi Family

  • Dock Slip Conveyance: None Available
  • Mean Low Water Feet: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2015
Closed on
Feb 16, 2016
Sold by
The Secretary Of Veterans Affairs
Bought by
Carlsen Douglas and Carlsen Candace
Seller's Agent
Mike Farabaugh
EXP Realty, LLC
Buyer's Agent
Kenneth Gladden
Douglas Realty, LLC
List Price
$160,000
Sold Price
$135,000
Premium/Discount to List
-$25,000
-15.62%
Current Estimated Value
$445,025

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$310,025
Avg. Annual Appreciation
13.48%
Original Mortgage
$157,055
Outstanding Balance
$124,648
Interest Rate
3.65%
Mortgage Type
Construction
Estimated Equity
$320,377

Purchase Details

Closed on
Mar 3, 2015
Sold by
Cross Thomas J
Bought by
The Secretary Of Veterans Affairs

Purchase Details

Closed on
Jun 8, 2007
Sold by
Harbor Bay Homes Llc
Bought by
Cross Thomas J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 25, 2007
Sold by
Harbor Bay Homes Llc
Bought by
Cross Thomas J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 20, 2005
Sold by
Crossman Joe L
Bought by
Harbor Bay Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$459,000
Interest Rate
5.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 20, 2002
Sold by
Conrad John W
Bought by
Crossman Joe L

Purchase Details

Closed on
Apr 25, 2002
Sold by
Banks Evelyn M
Bought by
Conrad John W and Mccarthy John J
Source: Public Records

Range of Values:

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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
Carlsen Douglas $135,000 Sage Title Group Llc
The Secretary Of Veterans Affairs $216,878 None Available
Cross Thomas J $301,000 --
Cross Thomas J $301,000 --
Harbor Bay Homes Llc $285,000 --
Crossman Joe L $200,000 --
Conrad John W $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carlsen Candace $157,055
Closed Carlsen Douglas $157,055
Previous Owner Cross Thomas J $417,000
Previous Owner Cross Thomas J $301,000
Previous Owner Cross Thomas J $301,000
Previous Owner Harbor Bay Homes Llc $459,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2016 03/11/16 Sold $135,000 -3.6% $225 / Sq Ft
01/14/2016 01/14/16 Pending -- -- --
12/14/2015 12/14/15 Price Changed $140,000 -6.7% $233 / Sq Ft
11/30/2015 11/30/15 Price Changed $150,000 -6.3% $250 / Sq Ft
11/17/2015 11/17/15 For Sale $160,000 0.0% $267 / Sq Ft
11/12/2015 11/12/15 Pending -- -- --
10/20/2015 10/20/15 Price Changed $160,000 -8.6% $267 / Sq Ft
10/12/2015 10/12/15 For Sale $175,000 -- $292 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

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 $3,742 $351,300 -- --
2024 $3,742 $290,400 $234,000 $56,400
2023 $2,947 $269,900 $0 $0
2022 $3,096 $249,400 $0 $0
2021 $5,765 $228,900 $193,000 $35,900
2020 $2,798 $224,700 $0 $0
2019 $2,756 $225,100 $0 $0
2018 $2,193 $216,300 $167,000 $49,300
2017 $2,647 $216,300 $0 $0
2016 -- $216,300 $0 $0
2015 -- $247,100 $0 $0
2014 -- $247,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001289123

Bright MLS

APN: 03-138-90005974