NOT LISTED FOR SALE

1411 Rainbow Dr Pasadena, MD 21122

Estimated Value: $1,156,000 - $1,418,923

4 Beds
3.5 Baths
2,918 Sq Ft
$438/Sq Ft Est. Value

Last Sold March 30, 2017

Last sale price $735,000 $252 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $7,513/month

12 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Pier
  • Deck
  • 1 Dock Slip
  • In Ground Pool
  • Contemporary Architecture

About This Home

As of March 2017

BANK OWNED/FORECLOSURE. Sold AS-IS. Scenic and private with STUNNING views!!! Waterfront property on 6-12ft deep water. Quiet evenings and weekends on your deck overlooking Sillery Bay and Gibson Island. Large pier for docking your boat, fishing or crabbing. Separate apartment above garage. THIS IS GOOD LIVING.

Last Agent to Sell the Property

Chris Boone

(703) 405-6303 chris.boone@vylla.com Vylla Home License #0225069916 Listed on: 12/22/2016

Vylla Home

Last Buyer's Agent

Chris Boone

(703) 405-6303 chris.boone@vylla.com Vylla Home License #0225069916 Listed on: 12/22/2016

Vylla Home

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,702

Year Built

  • Built in 1985

Lot Details

  • 1.53 Acre Lot
  • 100 Feet of Waterfront
  • Home fronts navigable water
  • Property is in below average condition
  • Property is zoned OS

Parking

  • 3 Car Detached Garage

Home Design

  • Contemporary Architecture
  • Cedar

Interior Spaces

  • Property has 2 Levels
  • Built-In Features
  • Vaulted Ceiling
  • 2 Fireplaces
  • Family Room Off Kitchen
  • Sitting Room
  • Living Room
  • Dining Room
  • Wood Flooring
  • Water Views

Kitchen

  • Electric Oven or Range
  • Dishwasher
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom
  • 3.5 Bathrooms

Outdoor Features

  • In Ground Pool
  • Pier
  • Water Access
  • River Nearby
  • 1 Dock Slip
  • Physical Dock Slip Conveys
  • Stream or River on Lot
  • 2 Powered Boats Permitted
  • 2 Non-Powered Boats Permitted
  • Deck

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Hunters Harbor Subdivision

Listing and Financial Details

  • Assessor Parcel Number 020300090035992

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,702

Year Built

Built in 1985

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1985
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Exhaust Fan, Oven/Range - Electric
  • Interior Amenities: Dining Area, Family Room Off Kitchen, Upgraded Countertops, Built-Ins, Primary Bath(s), Wood Floors
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Wall Ceiling Types: Vaulted Ceilings
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Sitting Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room
  • Basement: No
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Construction Materials: Cedar
  • Dock Type: Pier (Perpendicular)
  • Construction Completed: No
  • Pool Features: In Ground
  • View: Water
  • Water Access: Yes
  • Water Body Name: MAGOTHY
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Water View: Yes
  • Water Frontage In Feet: 100

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Parking Features: Garage
  • Number Of Detached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Detached Garage

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 361100.00
  • Land Assessed Value: 498500.00
  • Lot Size Acres: 1.53
  • Lot Size Area: 66647
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 66647.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Below Average
  • Zoning: OS

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15201328
  • Tax Annual Amount: 8702.20
  • Assessor Parcel Number: 020300090035992
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016

Multi Family

  • Dock Slip Conveyance: Physical Dock/Slip Conveys
  • Waterfront Features: Private Dock Site

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 22, 2016
Closed on
Mar 30, 2017
Sold by
Wells Fargo Bank Na
Bought by
Howard Thomas L and Howard Sherry
Seller's Agent
Chris Boone
Vylla Home
Buyer's Agent
Chris Boone
Vylla Home
List Price
$648,900
Sold Price
$735,000
Premium/Discount to List
$86,100
13.27%
Current Estimated Value
$1,277,231

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$542,231
Avg. Annual Appreciation
6.47%
Original Mortgage
$144,000
Outstanding Balance
$119,665
Interest Rate
4.16%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,157,566

Purchase Details

Closed on
Dec 1, 2016
Sold by
Stone Stefan J
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jul 9, 2007
Sold by
Stone George W
Bought by
Stone Stefan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 29, 2007
Sold by
Stone George W
Bought by
Stone Stefan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
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
Howard Thomas L $735,000 Gemini Title & Escrow Llc
Wells Fargo Bank Na $1,018,156 None Available
Stone Stefan J $1,200,000 --
Stone Stefan J $1,200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Howard Thomas L $144,000
Previous Owner Stone Stefan J $960,000
Previous Owner Stone Stefan J $960,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2017 03/30/17 Sold $735,000 +13.3% $252 / Sq Ft
01/03/2017 01/03/17 Pending -- -- --
12/22/2016 12/22/16 For Sale $648,900 -- $222 / 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 $10,796 $1,027,767 -- --
2024 $10,796 $1,004,900 $551,500 $453,400
2023 $10,512 $960,967 $0 $0
2022 $9,826 $917,033 $0 $0
2020 $9,533 $868,600 $0 $0
2019 $9,494 $864,100 $0 $0
2018 $8,716 $859,600 $498,500 $361,100
2017 $8,960 $835,800 $0 $0
2016 -- $812,000 $0 $0
2015 -- $788,200 $0 $0
2014 -- $788,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Chris Boone

    Seller's Agent in 2017

    Chris Boone

    Vylla Home

    (703) 405-6303

    1 in this area

    72 Total Sales

    Chris Boone
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Map

Source: Bright MLS

MLS Number: 1002509160

Bright MLS

APN: 03-000-90035992

Maryland Anne Arundel County Pasadena 21122

1411 Rainbow Dr, Pasadena, MD

Not Listed for Sale

Detached

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