NOT LISTED FOR SALE

194 Margate Dr Glen Burnie, MD 21060

Estimated Value: $430,931 - $542,000

4 Beds
2 Baths
1,188 Sq Ft
$409/Sq Ft Est. Value

Last Sold August 08, 2017

Last sale price $304,000 $256 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $2,953/month

Highlights

  • Rambler Architecture
  • 90% Forced Air Heating and Cooling System
  • Dining Area
  • No HOA

About This Home

As of August 2017

$6500 toward closing costs! - BACK ON THE MARKET - EVEN MORE UPDATES! What a great home! High end renovation with plenty of space! Spacious living room and great entertainment / family room area downstairs! Oversized deck! Great open floor plan! You won't want to miss this one! This was taken off the market to add some finishing touches! Now available again!

Last Agent to Sell the Property

The Williams Home Team

(410) 487-5919 dorislynchrealtor@gmail.com Douglas Realty, LLC License #645060 Listed on: 03/13/2017

Douglas Realty, LLC

Last Buyer's Agent

Bonnie McGurn

(410) 507-9301 bonnie.mcgurn@penfedrealty.com Berkshire Hathaway HomeServices PenFed Realty

Berkshire Hathaway HomeServices PenFed Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,212

Year Built

  • Built in 1965

Lot Details

  • 0.25 Acre Lot
  • Property is zoned R5

Parking

  • Off-Street Parking

Home Design

  • Rambler Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 2 Levels
  • Dining Area
  • Finished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • 90% Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Margate Subdivision

Listing and Financial Details

  • Tax Lot 222A
  • Assessor Parcel Number 020551600193185

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,212

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main
  • Year Built: 1965
  • Remarks Public: $6500 toward closing costs! - BACK ON THE MARKET - EVEN MORE UPDATES! What a great home! High end renovation with plenty of space! Spacious living room and great entertainment / family room area downstairs! Oversized deck! Great open floor plan! You won't want to miss this one! This was taken off the market to add some finishing touches! Now available again!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Dining Area
  • Fireplace: No
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Fully Finished
  • Living Area Units: Square Feet
  • Street Number Modifier: 194

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 2
  • Lower Level Bedroom: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Construction Materials: Brick
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 178200.00
  • Land Assessed Value: 122300.00
  • Lot Size Acres: 0.25
  • Lot Size Area: 11049
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11049.00
  • Property Attached Yn: No
  • Year Assessed: 2017
  • Zoning: R5

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15305930
  • Tax Annual Amount: 3211.60
  • Assessor Parcel Number: 020551600193185
  • Tax Lot: 222A
  • Tax Total Finished Sq Ft: 1238
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016
  • Close Date: 08/08/2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2017
Closed on
Aug 8, 2017
Sold by
Long Garrett
Bought by
Mitchell Seth and Mitchell Sarah
Seller's Agent
The Williams Home Team
Douglas Realty, LLC
Buyer's Agent
Bonnie McGurn
Berkshire Hathaway HomeServices PenFed Realty
List Price
$299,900
Sold Price
$304,000
Premium/Discount to List
$4,100
1.37%
Current Estimated Value
$486,483

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,483
Avg. Annual Appreciation
5.93%
Original Mortgage
$310,536
Outstanding Balance
$258,838
Interest Rate
3.92%
Mortgage Type
VA
Estimated Equity
$227,645

Purchase Details

Closed on
Sep 28, 2016
Sold by
Markey Richard S and Markey Sandra T
Bought by
Long Garrett

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
3.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 30, 2009
Sold by
Gavigan David W
Bought by
Markey Richard S and Markey Sandra T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,800
Interest Rate
5.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 2004
Sold by
Johnson George W
Bought by
Gavigan David W and Gavigan Robert V

Purchase Details

Closed on
Jun 10, 1993
Sold by
Anderson Edward C
Bought by
Johnson George W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,500
Interest Rate
7.47%
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
Mitchell Seth $304,000 Capitol Title Ins Agency Inc
Long Garrett $185,000 Endeavor Title Llc
Markey Richard S $280,000 --
Gavigan David W $325,000 --
Johnson George W $129,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mitchell Seth $310,536
Previous Owner Long Garrett $165,000
Previous Owner Markey Richard S $208,800
Previous Owner Johnson George W $131,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/08/2017 08/08/17 Sold $304,000 +1.4% $256 / Sq Ft
06/20/2017 06/20/17 Pending -- -- --
05/18/2017 05/18/17 For Sale $299,900 0.0% $252 / Sq Ft
04/24/2017 04/24/17 Pending -- -- --
03/13/2017 03/13/17 For Sale $299,900 -- $252 / 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 $4,468 $387,300 $170,800 $216,500
2024 $4,468 $362,200 $0 $0
2023 $4,155 $337,100 $0 $0
2022 $3,691 $312,000 $132,300 $179,700
2021 $7,301 $308,167 $0 $0
2020 $3,571 $304,333 $0 $0
2019 $3,533 $300,500 $122,300 $178,200
2018 $2,990 $294,900 $0 $0
2017 $3,331 $289,300 $0 $0
2016 -- $283,700 $0 $0
2015 -- $273,833 $0 $0
2014 -- $263,967 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001313659

Bright MLS

APN: 05-516-00193185