NOT LISTED FOR SALE

297 Cove Rd Pasadena, MD 21122

Estimated Value: $859,000 - $1,288,480

1.99 Acres
$532,849 Price per Acre
86,684 Sq Ft Lot

Last Sold July 08, 2013

Last sale price $465,000 $374 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $6,521/month

Highlights

  • 75 Feet of Waterfront
  • Pier
  • River View
  • 1 Boat Dock
  • Private Beach
  • 1.99 Acre Lot

About This Lot

As of July 2013

JUST REDUCED $147K--Deep water & expansive views of protected cove - located just down the creek from Sailing Assoc. 2acres of heavily wooded & gorgeous property. Existing home a tear down but between home & out buildings there is enough impervious coverage to work w/ towards permits. Located in area of fine homes & estates. Greatwater views, location & plenty of room at pier for those boats!

Last Agent to Sell the Property

Jeanne Russo

(410) 255-4177 frank_and_jeanne@yahoo.com Frank and Jeanne Russo Real Estate, Inc Listed on: 06/22/2010

Last Buyer's Agent

Mary Stevens

(410) 703-6048 mj.stevens@longandfoster.com Long & Foster Real Estate, Inc. License #300026

Long & Foster Real Estate, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,713

Lot Details

  • 1.99 Acre Lot
  • 75 Feet of Waterfront
  • Home fronts navigable water
  • Private Beach
  • Secluded Lot
  • Wooded Lot
  • No Building Permits
  • Property is zoned R1

Property Views

  • River Views

Schools

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

Utilities

  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 020300020652400

Community Details

Overview

  • No Home Owners Association

Recreation

  • Pier
  • Water Access
  • Physical Dock Slip Conveys
  • 1 Boat Dock
  • 2 Powered Boats Permitted
  • 2 Non-Powered Boats Permitted
  • Shed

Property Details

Property Type

Land

Est. Annual Taxes

$10,713

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential
  • New Construction: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement: No
  • Price Per Sq Ft: 6.34

Exterior Features

  • Other Structures List: Shed
  • Dock Type: Pier (Perpendicular)
  • Exterior Features: Private Beach
  • View: Water, River
  • Water Access: Yes
  • Water Body Name: BLACKHOLE CREEK/MAGOTHY
  • Waterfront: Yes
  • Water Oriented: Yes
  • Water View: Yes
  • Water Frontage In Feet: 75

Garage/Parking

  • Garage: No

Utilities

  • Refuse: 275.00
  • Central Air Conditioning: No
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Improvement Assessed Value: 154400.00
  • Lot Features: Trees/Wooded, Secluded
  • Lot Size Acres: 1.99
  • Lot Size Area: 86684
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 86684.00
  • Possible Use: Residential
  • Zoning: R1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15198594
  • Tax Annual Amount: 10712.63
  • Assessor Parcel Number: 020300020652400
  • County Tax Payment Frequency: Annually
  • Tax Year: 2009

Multi Family

  • Dock Slip Conveyance: Physical Dock/Slip Conveys

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 6, 2016
Sold by
Lyketsos Constantine and Lyketsos Manon Cargas
Bought by
Lyketsos Constantine
Current Estimated Value
$1,060,370

Purchase Details

Listed on
Jun 22, 2010
Closed on
Jun 12, 2013
Sold by
Wilson Deborah
Bought by
Lyketsos Constantine and Lyketsos Manon
Seller's Agent
Jeanne Russo
Frank and Jeanne Russo Real Estate, Inc
Buyer's Agent
Mary Stevens
Long & Foster Real Estate, Inc.
List Price
$697,000
Sold Price
$465,000
Premium/Discount to List
-$232,000
-33.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.92%

Purchase Details

Closed on
Aug 9, 1983
Bought by
Wilson Robert M and Wilson Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
13.73%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Lyketsos Constantine -- Attorney
Lyketsos Constantine $465,000 Lakeside Title Company
Wilson Robert M $87,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wilson Robert M $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/08/2013 07/08/13 Sold $465,000 0.0% $374 / Sq Ft
07/08/2013 07/08/13 Sold $465,000 -15.5% $374 / Sq Ft View Prior Sale
05/28/2013 05/28/13 Pending -- -- --
05/28/2013 05/28/13 Pending -- -- --
06/27/2012 06/27/12 Price Changed $550,000 -21.1% $443 / Sq Ft
06/22/2010 06/22/10 For Sale $697,000 0.0% $561 / Sq Ft
06/01/2010 06/01/10 For Sale $697,000 -- $561 / 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 $11,519 $1,014,167 -- --
2024 $11,519 $1,000,600 $619,900 $380,700
2023 $11,005 $958,933 $0 $0
2022 $10,076 $917,267 $0 $0
2021 $19,281 $875,600 $539,900 $335,700
2020 $9,599 $874,967 $0 $0
2019 $9,602 $874,333 $0 $0
2018 $8,859 $873,700 $539,900 $333,800
2017 $8,823 $822,400 $0 $0
2016 -- $771,100 $0 $0
2015 -- $446,600 $0 $0
2014 -- $537,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    Jeanne Russo

    Frank and Jeanne Russo Real Estate, Inc

    (410) 255-4177

    3 in this area

    21 Total Sales

    Jeanne Russo
    Section Image
  • Mary Stevens

    Buyer's Agent in 2013

    Mary Stevens

    Long & Foster

    (410) 703-6048

    25 Total Sales

    Mary Stevens
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1004913086

Bright MLS

APN: 03-000-20652400

Maryland Anne Arundel County Pasadena 21122

297 Cove Rd, Pasadena, MD

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