NOT LISTED FOR SALE

271 Magothy Bridge Rd Pasadena, MD 21122

Estimated Value: $677,000 - $740,000

4 Beds
2.5 Baths
1,910 Sq Ft
$366/Sq Ft Est. Value

Last Sold January 31, 2022

Last sale price $600,000 $314 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,226/month

Highlights

  • Home fronts navigable water
  • New Construction
  • No HOA
  • Water Access
  • Colonial Architecture
  • 2 Car Attached Garage

About This Home

As of January 2022

Gorgeous new construction in the sought after Magothy Forge area . Enjoy the half acre lot with high elevation & water views, full basement, huge insulated side entry garage, deck off of kitchen/dining room, stainless steel appliances, covered exterior basement entrance, granite counters, kitchen island, ceiling fans, custom tile shower & bath and upgrades galore. Builder estimated completion date of late December 31, 2021 with settlement in January. Awesome location with several large parks nearby including Lake Waterford. Buyer can choose carpet color if under contract by Dec 31. Priced to sell! Co-owner/Realtor.

Last Agent to Sell the Property

Brenda Fornos

(410) 490-2972 bfornos1@gmail.com Taylor Properties Listed on: 11/15/2021

Taylor Properties

Last Buyer's Agent

Ian Marchanti

(443) 310-0788 ian.marchanti@penfedrealty.com Coldwell Banker Realty License #5007744

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,000

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 0.52 Acre Lot
  • Home fronts navigable water
  • West Facing Home
  • Property is in excellent condition

Parking

  • 2 Car Attached Garage
  • 3 Driveway Spaces
  • Side Facing Garage

Home Design

  • Colonial Architecture
  • Block Foundation
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Ceiling Fan
  • Recessed Lighting

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Ceramic Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Unfinished Basement

  • Connecting Stairway
  • Interior and Side Basement Entry

Outdoor Features

  • Water Access
  • River Nearby

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Magothy Forge Improvement Asssociation HOA
  • Magothy Forge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 020388110094000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,000

Year Built

Built in 2021 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: Yes
  • Story List: Main, Upper 1
  • Expected On Market: 2021-11-21
  • Year Built: 2021
  • Automatically Close On Close Date: No
  • Remarks Public: Gorgeous new construction in the sought after Magothy Forge area . Enjoy the half acre lot with high elevation & water views, full basement, huge insulated side entry garage, deck off of kitchen/dining room, stainless steel appliances, covered exterior basement entrance, granite counters, kitchen island, ceiling fans, custom tile shower & bath and upgrades galore. Builder estimated completion date of late December 31, 2021 with settlement in January. Awesome location with several large parks nearby including Lake Waterford. Buyer can choose carpet color if under contract by Dec 31. Priced to sell! Co-owner/Realtor.
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Oven/Range - Electric, Refrigerator
  • Flooring Type: Luxury Vinyl Plank, Ceramic Tile, Carpet
  • Interior Amenities: Ceiling Fan(s), Kitchen - Island, Recessed Lighting, Walk-In Closet(s)
  • Foundation Details: Block
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Side Entrance, Unfinished, Outside Entrance, Connecting Stairway, Interior Access
  • Total Sq Ft: 2694
  • Living Area Sq Ft: 1910
  • Price Per Sq Ft: 313.61
  • Above Grade Finished Sq Ft: 1910
  • Below Grade Sq Ft: 784
  • Total Below Grade Sq Ft: 784
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 271

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Roof: Architectural Shingle
  • Water Access: Yes
  • Water Body Name: Magothy River
  • Water Body Type: River
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Side Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Attached Garage, Driveway
  • 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: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Private Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Name: MAGOTHY FORGE IMPROVEMENT ASSSOCIATION
  • HOA: No
  • Senior Community: No

Schools

  • School District: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
  • School District Key: 121140671932
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.52
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 22651.20
  • Property Condition: Excellent
  • Zoning: R
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15257733
  • Tax Annual Amount: 1000.00
  • Assessor Parcel Number: 020388110094000
  • Tax Year: 2021
  • Close Date: 01/31/2022

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2021
Closed on
Jan 31, 2022
Sold by
Fornos Jaime M
Bought by
Kisich Ralph and Kisich Rose Anne
Seller's Agent
Brenda Fornos
Taylor Properties
Buyer's Agent
Ian Marchanti
Coldwell Banker Realty
List Price
$645,000
Sold Price
$600,000
Premium/Discount to List
-$45,000
-6.98%
Current Estimated Value
$698,569

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,569
Avg. Annual Appreciation
4.19%
Original Mortgage
$500,000
Outstanding Balance
$464,344
Interest Rate
3.56%
Mortgage Type
VA
Estimated Equity
$234,225

Purchase Details

Closed on
Mar 19, 2021
Sold by
Dean David E and Dean Frances J
Bought by
Fornos Jaime M and Fornos Brenda K

Purchase Details

Closed on
Mar 17, 2021
Sold by
Dean David E
Bought by
Dean Frances J
Source: Public Records

Range of Values:

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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
Kisich Ralph $600,000 None Listed On Document
Fornos Jaime M $65,000 Brilliant Title
Dean Frances J -- Brilliant Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kisich Ralph $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2022 01/31/22 Sold $600,000 +0.2% $314 / Sq Ft
12/27/2021 12/27/21 Pending -- -- --
12/15/2021 12/15/21 Price Changed $599,000 -0.1% $314 / Sq Ft
12/03/2021 12/03/21 Price Changed $599,500 -7.1% $314 / Sq Ft
11/15/2021 11/15/21 For Sale $645,000 0.0% $338 / Sq Ft
11/15/2021 11/15/21 Price Changed $645,000 -- $338 / 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 $6,273 $551,733 -- --
2024 $6,273 $517,900 $221,700 $296,200
2023 $6,121 $508,067 $0 $0
2022 $5,395 $498,233 $0 $0
2021 $1,894 $171,700 $171,700 $0
2020 $1,706 $154,033 $0 $0
2019 $1,527 $136,367 $0 $0
2018 $1,196 $117,900 $117,900 $0
2017 $1,260 $117,900 $0 $0
2016 -- $117,900 $0 $0
2015 -- $137,900 $0 $0
2014 -- $131,233 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA2013568

Bright MLS

APN: 03-521-08418200