NOT LISTED FOR SALE

285 Beach Ave Pasadena, MD 21122

Estimated Value: $462,000 - $550,000

4 Beds
1.5 Baths
1,540 Sq Ft
$330/Sq Ft Est. Value

Last Sold May 02, 2016

Last sale price $305,000 $198 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $3,040/month

18 Days on Market

Highlights

  • 1 Boat Dock
  • Home fronts navigable water
  • Stream or River on Lot
  • Boat or Launch Ramp
  • Water Access
  • 2 Car Attached Garage

About This Home

As of May 2016

Water privileged Magothy Beach home with 4 bedrooms and 1.5 baths ready for you! Over 1500+ SQFT of living space, 2 car garage plus carport for extra off street parking (or boat storage). Nice hardwood flooring and kitchen updates upstairs. Downstairs includes a Finished Basement with 5th bedroom, storage space and office/rec room, and French doors head out to a very large backyard with deck.

Last Agent to Sell the Property

Martin Tippet

(410) 615-1126 Martintippet@gmail.com ExecuHome Realty License #637002 Listed on: 02/19/2016

ExecuHome Realty

Last Buyer's Agent

Peter Fettig

(202) 870-2679 pete.f@kw.com Keller Williams Flagship License #647362

Keller Williams Flagship

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,992

Year Built

  • Built in 1976

Lot Details

  • 0.39 Acre Lot
  • Home fronts navigable water
  • Property is zoned R1

HOA Fees

  • $4 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Off-Street Parking

Home Design

  • Split Foyer
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • Dining Area
  • Finished Basement
  • Side Basement Entry

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms

Outdoor Features

  • Water Access
  • River Nearby
  • Boat or Launch Ramp
  • Boat Ramp
  • 1 Boat Dock
  • Stream or River on Lot

Schools

  • Lake Shore Elementary School
  • Chesapeake Bay Middle School
  • Chesapeake High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • Upper Magothy Beach Subdivision

Listing and Financial Details

  • Tax Lot 877
  • Assessor Parcel Number 020388113977500

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,992

Year Built

Built in 1976

Lot Details

0

HOA Fees

$4 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Foyer
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main
  • Expected On Market: 2016-03-02
  • Year Built: 1976
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Dining Area
  • Fireplace: No
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Side Entrance, Fully Finished
  • Living Area Units: Square Feet
  • Total Sq Ft: 1540
  • Living Area Sq Ft: 1540
  • Price Per Sq Ft: 292.45
  • Above Grade Finished Sq Ft: 1060
  • Below Grade Finished Sq Ft: 480
  • Total Below Grade Sq Ft: 480
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Dock Type: Ramp
  • Pool Private: No
  • Water Access: Yes
  • Water Body Name: MAGOTHY RIVER || OLD MAN & COCKEY CREEK
  • 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
  • Parking Features: Garage
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Attached Garage

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 50.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • Elementary School: LAKE SHORE
  • High School: CHESAPEAKE
  • Middle Or Junior School: CHESAPEAKE BAY

Lot Info

  • Lot Size Acres: 0.39
  • Lot Size Area: 16800
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 16800.00
  • Property Attached Yn: No
  • Zoning: R1

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2992.11
  • Assessor Parcel Number: 020388113977500
  • Tax Lot: 877
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015

Multi Family

  • Dock Slip Conveyance: None Available
  • Waterfront Features: Boat/Launch Ramp

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2016
Closed on
May 2, 2016
Sold by
Burnette Richard A and Burnette Melanie J
Bought by
Phelps James G and Phelps Shay
Seller's Agent
Martin Tippet
ExecuHome Realty
Buyer's Agent
Peter Fettig
Keller Williams Flagship
List Price
$310,000
Sold Price
$305,000
Premium/Discount to List
-$5,000
-1.61%
Current Estimated Value
$508,328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$203,328
Avg. Annual Appreciation
5.42%
Original Mortgage
$299,475
Outstanding Balance
$239,099
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$269,229

Purchase Details

Closed on
Jun 12, 1995
Sold by
Kowalski Matthew A
Bought by
Burnette Richard A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
8.21%
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
Phelps James G $305,000 Charter Title Llc
Burnette Richard A $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phelps James G $299,475
Previous Owner Burnette Richard A $117,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/02/2016 05/02/16 Sold $305,000 -1.6% $198 / Sq Ft
03/09/2016 03/09/16 Pending -- -- --
02/19/2016 02/19/16 For Sale $310,000 -- $201 / 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 $4,470 $367,467 -- --
2024 $4,470 $352,300 $198,800 $153,500
2023 $4,406 $350,033 $0 $0
2022 $4,174 $347,767 $0 $0
2021 $8,301 $345,500 $198,800 $146,700
2020 $4,069 $341,433 $0 $0
2019 $4,029 $337,367 $0 $0
2018 $3,380 $333,300 $188,800 $144,500
2017 $3,641 $308,967 $0 $0
2016 -- $284,633 $0 $0
2015 -- $260,300 $0 $0
2014 -- $260,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001295769

Bright MLS

APN: 03-881-13977500