NOT LISTED FOR SALE

1231 Magothy Rd Pasadena, MD 21122

Estimated Value: $556,000 - $665,000

3 Beds
2 Baths
1,008 Sq Ft
$591/Sq Ft Est. Value

Last Sold August 08, 2024

Last sale price $565,000 $561 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,549/month

25 Days on Market

Highlights

  • 50 Feet of Waterfront
  • 2 Dock Slips
  • Fishing Allowed
  • Public Boat Ramp
  • Access to Tidal Water
  • Second Garage

About This Home

As of August 2024

Unwind in your waterfront paradise on Grays Creek! This completely remodeled home boasts panoramic views from your expansive deck, perfect for soaking up the sunrise or stargazing at night. Step right down to your private pier and set sail for adventures on Dobbins Island, the Magothy River, or the Chesapeake Bay. Inside, find a bright and airy haven. The open floorplan seamlessly blends the kitchen, dining room, and living room with an impressive cathedral ceiling, creating a sense of spaciousness. Three bedrooms and two full baths offer comfortable living, while the two sheds provide ample storage for all your waterfront gear. Updates include: $30,000 of work in the crawlspace (2021), 30yr architectural shingle roof (2021), Updated kitchen (2023), New water treatment dual system and reverse osmosis (2022), New septic (2020), New siding (2022), Large kitchen window installed (2022), Fresh paint (2021), New LVP flooring (2021), New carpet (2022), Updated pier (2022), cable wiring deck (2023), Leaf filter (2023)

This is your chance to own a piece of paradise!

Last Agent to Sell the Property

Anthony Sbrocco

Keller Williams Realty Centre License #682031 Listed on: 06/11/2024

Keller Williams Realty Centre

Last Buyer's Agent

Daniel Nash

Keller Williams Realty Centre

Keller Williams Realty Centre

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,370

Year Built

  • Built in 1946 | Remodeled in 2021

Lot Details

  • 0.25 Acre Lot
  • 50 Feet of Waterfront
  • Home fronts navigable water
  • Creek or Stream
  • East Facing Home
  • Back and Front Yard
  • Property is in excellent condition
  • Property is zoned R2

Property Views

  • River
  • Woods

Home Design

  • Rambler Architecture
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,008 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Bay Window
  • Window Screens
  • Sliding Doors
  • Insulated Doors
  • Family Room Off Kitchen
  • Combination Kitchen and Dining Room
  • Crawl Space
  • Storm Doors
  • Attic

Kitchen

  • Self-Cleaning Oven
  • Built-In Microwave
  • Dishwasher
  • Upgraded Countertops

Flooring

  • Wood
  • Carpet
  • Tile or Brick
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Stacked Electric Washer and Dryer

Parking

  • 3 Car Garage
  • 3 Driveway Spaces
  • Second Garage
  • Private Parking
  • On-Street Parking

Accessible Home Design

  • Lowered Light Switches
  • More Than Two Accessible Exits

Outdoor Features

  • Access to Tidal Water
  • Canoe or Kayak Water Access
  • Private Water Access
  • Personal Watercraft
  • Waterski or Wakeboard
  • Swimming Allowed
  • 2 Dock Slips
  • Physical Dock Slip Conveys
  • Stream or River on Lot
  • Powered Boats Permitted
  • Exterior Lighting
  • Shed

Location

  • Property is near a creek

Schools

  • Bodkin Elementary School
  • Chesapeake Bay Middle School
  • Chesapeake High School

Utilities

  • Forced Air Heating and Cooling System
  • Above Ground Utilities
  • Water Treatment System
  • Well
  • Electric Water Heater
  • Water Conditioner is Owned
  • Water Conditioner
  • Septic Tank
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 26
  • Assessor Parcel Number 020313808925300

Community Details

Overview

  • No Home Owners Association
  • Boulevard Park Subdivision

Recreation

  • Public Boat Ramp
  • 1 Community Docks
  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,370

Year Built

Built in 1946 | Remodeled in 2021

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Accessibility Features: 2+ Access Exits, Accessible Switches/Outlets
  • Ownership: Fee Simple
  • Exclusions: Curtains
  • Historic: No
  • Inclusions: Outdoor lighting posts and lights, blinds, curtain rods, appliances, sheds, ceiling fans
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-06-11
  • Federal Flood Zone: No
  • Year Built: 1946
  • Year Renovated: 2021
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Unwind in your waterfront paradise on Grays Creek! This completely remodeled home boasts panoramic views from your expansive deck, perfect for soaking up the sunrise or stargazing at night. Step right down to your private pier and set sail for adventures on Dobbins Island, the Magothy River, or the Chesapeake Bay. Inside, find a bright and airy haven. The open floorplan seamlessly blends the kitchen, dining room, and living room with an impressive cathedral ceiling, creating a sense of spaciousness. Three bedrooms and two full baths offer comfortable living, while the two sheds provide ample storage for all your waterfront gear. Updates include: $30,000 of work in the crawlspace (2021), 30yr architectural shingle roof (2021), Updated kitchen (2023), New water treatment dual system and reverse osmosis (2022), New septic (2020), New siding (2022), Large kitchen window installed (2022), Fresh paint (2021), New LVP flooring (2021), New carpet (2022), Updated pier (2022), cable wiring deck (2023), Leaf filter (2023) This is your chance to own a piece of paradise!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Dryer, Dryer - Electric, Dryer - Front Loading, Oven - Self Cleaning, Washer/Dryer Stacked, Washer - Front Loading, Water Conditioner - Owned
  • Entry Floor: 1
  • Flooring Type: Luxury Vinyl Plank, Carpet, Tile/Brick
  • Interior Amenities: Attic, Carpet, Ceiling Fan(s), Combination Kitchen/Dining, Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Primary Bath(s), Tub Shower, Upgraded Countertops, Walk-In Closet(s), Water Treat System, Wood Floors
  • Window Features: Screens, Bay/Bow
  • Other Equipment: Negotiable
  • Fireplace: No
  • Door Features: Insulated, Storm, Sliding Glass
  • Wall Ceiling Types: Cathedral Ceilings, Dry Wall
  • Foundation Details: Crawl Space
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1008
  • Living Area Sq Ft: 1008
  • Price Per Sq Ft: 545.63
  • Above Grade Finished Sq Ft: 1008
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1231

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed, 2nd Garage
  • Construction Materials: Vinyl Siding
  • Exterior Features: Exterior Lighting
  • Roof: Architectural Shingle
  • Spa: No
  • View: River, Trees/Woods, Water
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Personal Watercraft (PWC), Private Access, Public Access, Swimming Allowed, Waterski/Wakeboard
  • Water Access: Yes
  • Water Body Name: Grays Creek
  • Water Body Type: Creek/Stream
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 50

Garage/Parking

  • Garage: No
  • Parking Features: Concrete Driveway, Private
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Driveway, On Street
  • Number of Spaces in Driveway: 3

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Utilities: Above Ground, Cable Tv, Electric Available, Phone Available
  • Water Source: Conditioner, Filter, Well
  • Municipal Trash: No
  • Internet Services: Fiber Optic, Broadband, Cable

Condo/Co-op/Association

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

Schools

  • School District: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
  • Elementary School: BODKIN
  • Middle School: CHESAPEAKE BAY
  • High School: CHESAPEAKE
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121140671932
  • School District Source: Listing Agent
  • Elementary School: BODKIN
  • High School: CHESAPEAKE
  • Middle Or Junior School: CHESAPEAKE BAY

Lot Info

  • Horses: No
  • Land Use Code: R
  • Lot Features: Front Yard, Rear Yard, Stream/Creek
  • Lot Size Acres: 0.25
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11000.00
  • Property Condition: Excellent
  • Year Assessed: 2024
  • Zoning: R2
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 3370.00
  • Assessor Parcel Number: 020313808925300
  • Tax Lot: 26
  • Tax Total Finished Sq Ft: 1008
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 08/08/2024

Multi Family

  • Waterfront Features: Private Dock Site, Boat/Launch Ramp - Public

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2024
Closed on
Aug 6, 2024
Sold by
Mcnulla John
Bought by
Leishear William
Seller's Agent
Anthony Sbrocco
Keller Williams Realty Centre
Buyer's Agent
Daniel Nash
Keller Williams Realty Centre
List Price
$575,000
Sold Price
$565,000
Premium/Discount to List
-$10,000
-1.74%
Views
203
Current Estimated Value
$595,721

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,721
Avg. Annual Appreciation
5.38%
Original Mortgage
$459,910
Outstanding Balance
$455,193
Interest Rate
6.95%
Mortgage Type
FHA
Estimated Equity
$140,528

Purchase Details

Listed on
Oct 1, 2020
Closed on
Mar 5, 2021
Sold by
Wade William Patrick
Bought by
Mcnulla John
Seller's Agent
Jeanie Halloran
JPAR Maryland Living
Buyer's Agent
Joseph Grimes
Douglas Realty, LLC
List Price
$399,900
Sold Price
$390,000
Premium/Discount to List
-$9,900
-2.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.41%
Original Mortgage
$351,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 2003
Sold by
Mckee Jeffrey R
Bought by
Wade William P

Purchase Details

Closed on
May 26, 1999
Sold by
Albrecht Victoria
Bought by
Mckee Jeffrey R
Source: Public Records

Range of Values:

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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
Leishear William $656,000 Crown Title
Mcnulla John $390,000 Admiral Title Group
Wade William P $265,000 --
Mckee Jeffrey R $171,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leishear William $459,910
Previous Owner Mcnulla John $351,000
Previous Owner Wade William Patrick $120,000
Previous Owner Wade William Patrick $289,900
Closed Mckee Jeffrey R --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2024 08/08/24 Sold $565,000 +2.7% $561 / Sq Ft
07/07/2024 07/07/24 Pending -- -- --
07/01/2024 07/01/24 Price Changed $549,999 0.0% $546 / Sq Ft
07/01/2024 07/01/24 Price Changed $550,000 -4.3% $546 / Sq Ft
06/11/2024 06/11/24 For Sale $575,000 +47.4% $570 / Sq Ft
03/05/2021 03/05/21 Sold $390,000 -2.5% $387 / Sq Ft
01/21/2021 01/21/21 Price Changed $399,900 0.0% $397 / Sq Ft
01/21/2021 01/21/21 For Sale $399,900 +2.5% $397 / Sq Ft
12/18/2020 12/18/20 Off Market $390,000 -- --
11/27/2020 11/27/20 Price Changed $425,000 -3.4% $422 / Sq Ft
10/29/2020 10/29/20 Price Changed $439,900 -2.2% $436 / Sq Ft
10/01/2020 10/01/20 For Sale $449,900 0.0% $446 / Sq Ft
01/07/2016 01/07/16 Rented $2,400 +29.7% --
01/05/2016 01/05/16 Under Contract -- -- --
10/15/2015 10/15/15 For Rent $1,850 0.0% --
11/26/2013 11/26/13 Rented $1,850 0.0% --
11/26/2013 11/26/13 Under Contract -- -- --
10/24/2013 10/24/13 For Rent $1,850 -- --
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
2024 $3,634 $290,700 $200,500 $90,200
2023 $2,990 $273,833 $0 $0
2022 $3,176 $256,967 $0 $0
2021 $5,999 $240,100 $161,000 $79,100
2020 $2,959 $240,100 $161,000 $79,100
2019 $2,961 $240,100 $161,000 $79,100
2018 $2,912 $287,200 $209,200 $78,000
2017 $3,370 $287,200 $0 $0
2016 -- $287,200 $0 $0
2015 -- $296,000 $0 $0
2014 -- $296,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA2086370

Bright MLS

APN: 03-138-08925300