NOT LISTED FOR SALE

281 Beach Ave Pasadena, MD 21122

Estimated Value: $444,000 - $479,927

3 Beds
2 Baths
1,196 Sq Ft
$387/Sq Ft Est. Value

Last Sold September 27, 2019

Last sale price $339,500 $284 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $2,789/month

3 Days on Market

Highlights

  • Home fronts navigable water
  • Filtered Pool
  • No HOA
  • Water Access
  • Cape Cod Architecture
  • Detached Garage

About This Home

As of September 2019

Gorgeous meticulously maintained home in desired water oriented Upper Magothy Beach shows pride of ownership. Boasting a gorgeous bright new kitchen with new cabinets and granite countertops, freshly painted, new flooring, master suite, jetted tub and so much more. Privacy fenced back yard is an entertainers dream yard. From the sparkling inground pool with a new liner, hot tub, decking, tiki bar ... there is no reason to leave home for vacation you have it all right here! Huge detached garage that you would have to see to believe with storage and much more! This home appears smaller from the road and is definitely NO DRIVE BY!

Last Agent to Sell the Property

Sharon Ambrose

(443) 618-1614 sharambrose@verizon.net Douglas Realty, LLC License #526922 Listed on: 07/20/2019

Douglas Realty, LLC

Last Buyer's Agent

Catherine Watson - Bye

(410) 375-8070 Cathie@executiveagent.net RE/MAX Executive

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,953

Year Built

  • Built in 1947

Lot Details

  • 0.33 Acre Lot
  • Home fronts navigable water
  • Creek or Stream
  • Property is zoned R1

Home Design

  • Cape Cod Architecture
  • Vinyl Siding

Interior Spaces

  • 1,196 Sq Ft Home
  • Property has 2 Levels
  • Electric Fireplace

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Exterior Basement Entry

Parking

  • Detached Garage
  • Parking Storage or Cabinetry
  • Driveway
  • Off-Street Parking

Pool

  • Filtered Pool
  • In Ground Pool
  • Vinyl Pool

Outdoor Features

  • Water Access

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Well
  • Septic Tank
  • Community Sewer or Septic

Community Details

  • No Home Owners Association
  • Upper Magothy Beach Subdivision

Listing and Financial Details

  • Tax Lot 884
  • Assessor Parcel Number 020388112509000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,953

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Other, Electric
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Unfinished, Walkout Stairs, Outside Entrance
  • Total Sq Ft: 1196
  • Living Area Sq Ft: 1196
  • Price Per Sq Ft: 279.68
  • Above Grade Finished Sq Ft: 1196
  • Above Grade Finished Area Units: Square Feet

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
  • Construction Materials: Vinyl Siding
  • Pool Features: Filtered, In Ground, Vinyl
  • Water Access: Yes
  • Water Body Type: Creek/Stream
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: Yes
  • Garage Features: Additional Storage Area
  • Type Of Parking: Detached Garage, Driveway, Off Street

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Septic Exists, Community Septic Tank, Private Septic Tank
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 85500.00
  • Land Assessed Value: 193400.00
  • Lot Size Acres: 0.33
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 14400.00
  • Zoning: R1
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15257749
  • Tax Annual Amount: 2953.00
  • Assessor Parcel Number: 020388112509000
  • Tax Lot: 884
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2019
Closed on
Sep 27, 2019
Sold by
Major Joseph L
Bought by
Major Joseph L and Major Autumn
Seller's Agent
Sharon Ambrose
Douglas Realty, LLC
Buyer's Agent
Catherine Watson - Bye
RE/MAX Executive
List Price
$334,500
Sold Price
$339,500
Premium/Discount to List
$5,000
1.49%
Current Estimated Value
$462,482

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,982
Avg. Annual Appreciation
5.06%
Original Mortgage
$328,169
Outstanding Balance
$287,493
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$174,989

Purchase Details

Closed on
Apr 26, 2016
Sold by
Ray Edna D and Estate Of Vernon Ray Sr
Bought by
Ray Ii Vernon G

Purchase Details

Closed on
Jul 13, 2011
Sold by
Federal National Mortgage Association
Bought by
Ray Vernon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,985
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 29, 2011
Sold by
Fannie Mae
Bought by
Ray Vernon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,985
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
May 20, 2010
Sold by
Pegg Julia R
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 28, 2006
Sold by
Seto Oliwa Roberta M
Bought by
Pegg Julia R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,000
Interest Rate
8.85%
Mortgage Type
Balloon
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
Major Joseph L -- United Title & Escrow Inc
Major Joseph L $339,500 United Title & Escrow Inc
Ray Ii Vernon G -- Attorney
Ray Vernon $162,000 --
Ray Vernon $162,000 Shamrock Title Services Llc
Ray Vernon $162,000 --
Federal National Mortgage Association $296,891 --
Pegg Julia R $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Major Joseph L $328,169
Previous Owner Ray Vernon $143,985
Previous Owner Ray Vernon $143,985
Previous Owner Pegg Julia R $251,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2019 09/27/19 Sold $339,500 +1.5% $284 / Sq Ft
07/23/2019 07/23/19 Pending -- -- --
07/20/2019 07/20/19 For Sale $334,500 -- $280 / 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 $4,390 $360,000 -- --
2024 $4,390 $345,000 $193,400 $151,600
2023 $4,111 $322,967 $0 $0
2022 $3,685 $300,933 $0 $0
2021 $6,910 $278,900 $193,400 $85,500
2020 $3,351 $272,800 $0 $0
2019 $3,290 $266,700 $0 $0
2018 $2,642 $260,600 $183,400 $77,200
2017 $2,752 $240,267 $0 $0
2016 -- $219,933 $0 $0
2015 -- $199,600 $0 $0
2014 -- $199,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA407622

Bright MLS

APN: 03-881-12509000