NOT LISTED FOR SALE

257 Margate Dr Glen Burnie, MD 21060

Estimated Value: $353,000 - $435,000

4 Beds
2 Baths
1,879 Sq Ft
$211/Sq Ft Est. Value

Last Sold May 03, 2024

Last sale price $386,000 $205 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,380/month

263 Days on Market

Highlights

  • Rambler Architecture
  • No HOA
  • Central Heating and Cooling System
  • Wood Flooring
  • Laundry Room
  • Family Room

About This Home

As of May 2024

*** Just came back on market. Removed previously for short term rental as a favor *** Near water access. Marley Creek Marina for sailing and fishing. A water person dream, so get your boat and start sailing and/or fishing on day one of moving in. The property is located less than 1 minute driving from the Marley Creek Marina. You can walk to the marina in less than five (5) minutes. New kitchen with regal quality quartz countertops. In-law suite with kitchen in basement, so can rent separately. Totally renovated, new kitchen on 8/15/2023 and bath will delight the picky buyer. Full finished basement with full bath. Neighborhood has water access. This is a renovated single family rambler that is perfect for the right family or individual. The property is located approximately less than 1 minute driving from the Marley Creek Marina. This is a rare find close to water and well-priced. You can easily rent basement out for over $1100 or Airbnb for even more per month to offset any mortgage. This is a gem; you can sail from this community to the Chesapeake Bay, to the Atlantic Ocean to the Caribbean, wow factor is here.

Last Agent to Sell the Property

Christopher Carr

(855) 885-4663 support@simplechoicerealty.com HomeZu Listed on: 07/07/2023

Last Buyer's Agent

Lily Vallario

(240) 388-3507 lily@soldbylily.com EXP Realty, LLC License #0225099760

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,097

Year Built

  • Built in 1960

Lot Details

  • 10,000 Sq Ft Lot
  • Property is in excellent condition
  • Property is zoned R5

Home Design

  • Rambler Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Property has 1 Level
  • Family Room
  • Laundry Room
  • Finished Basement

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association
  • Margate Subdivision

Listing and Financial Details

  • Tax Lot 167
  • Assessor Parcel Number 020551617442300

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,097

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: New Range, Refrigerator
  • New Construction: No
  • Story List: Lower 1, Main
  • Federal Flood Zone: No
  • Year Built: 1960
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Hardwood, Vinyl
  • Foundation Details: Block
  • Levels Count: 1
  • Room List: Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Basement, Bedroom 1, Laundry, Full Bath
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 2088
  • Living Area Sq Ft: 1879
  • Price Per Sq Ft: 373.54
  • Above Grade Finished Sq Ft: 1044
  • Below Grade Finished Sq Ft: 835
  • Below Grade Sq Ft: 209
  • Total Below Grade Sq Ft: 1044
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick Veneer, Vinyl Siding
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.23
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10000.00
  • Property Condition: Excellent
  • Zoning: R5
  • In City Limits: No

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3097.00
  • Assessor Parcel Number: 020551617442300
  • Tax Lot: 167
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 3, 2025
Sold by
Solution 90 Marketing Systems Llc
Bought by
Monterroso Carlos A and Saenz Tania Rebeca
Current Estimated Value
$396,377

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$379,008
Outstanding Balance
$377,555
Interest Rate
6.64%
Mortgage Type
FHA
Estimated Equity
$18,822

Purchase Details

Closed on
Nov 6, 2018
Sold by
Gaynor Marcia Forbes and Gaynor Horace M
Bought by
Solution 90 Marketing Systems Llc

Purchase Details

Closed on
Sep 23, 2005
Sold by
Wroten Nancy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
8.35%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 25, 2001
Sold by
Wiley Rita G
Bought by
Wroten Nancy L

Purchase Details

Closed on
Oct 13, 1995
Sold by
Wiley Eugene C
Bought by
Wiley Rita G
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
Monterroso Carlos A $386,000 Vema Title & Escrow Llc
Solution 90 Marketing Systems Llc -- None Available
-- $220,000 --
Wroten Nancy L -- --
Wiley Rita G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Monterroso Carlos A $379,008
Previous Owner -- $198,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2024 05/03/24 Sold $386,000 -1.0% $205 / Sq Ft
03/26/2024 03/26/24 Pending -- -- --
03/18/2024 03/18/24 Price Changed $389,980 -2.5% $208 / Sq Ft
02/28/2024 02/28/24 Price Changed $399,950 0.0% $213 / Sq Ft
02/28/2024 02/28/24 For Sale $399,950 +3.6% $213 / Sq Ft
10/15/2023 10/15/23 Off Market $386,000 -- --
09/11/2023 09/11/23 Price Changed $385,650 -2.6% $205 / Sq Ft
08/28/2023 08/28/23 Price Changed $395,960 -3.4% $211 / Sq Ft
08/15/2023 08/15/23 Price Changed $409,690 +2.5% $218 / Sq Ft
08/14/2023 08/14/23 For Sale $399,690 +3.5% $213 / Sq Ft
08/11/2023 08/11/23 Off Market $386,000 -- --
08/01/2023 08/01/23 Price Changed $399,690 -3.8% $213 / Sq Ft
07/24/2023 07/24/23 Price Changed $415,500 -2.4% $221 / Sq Ft
07/07/2023 07/07/23 For Sale $425,500 0.0% $226 / Sq Ft
06/30/2014 06/30/14 Rented $1,730 -0.3% --
06/30/2014 06/30/14 Under Contract -- -- --
02/18/2014 02/18/14 For Rent $1,735 -- --
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 $3,520 $302,400 $168,500 $133,900
2024 $3,520 $275,600 $0 $0
2023 $2,717 $248,800 $0 $0
2022 $2,750 $222,000 $130,500 $91,500
2021 $2,721 $219,200 $0 $0
2020 $2,651 $216,400 $0 $0
2019 $2,624 $213,600 $120,500 $93,100
2018 $2,071 $204,267 $0 $0
2017 $2,289 $194,933 $0 $0
2016 -- $185,600 $0 $0
2015 -- $178,200 $0 $0
2014 -- $170,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA2064372

Bright MLS

APN: 05-516-17442300