NOT LISTED FOR SALE

307 Riverside Dr Lake Shore, MD 21122

Estimated Value: $708,000 - $775,000

4 Beds
2.5 Baths
-- Sq Ft
0.3 Acres

Last Sold October 28, 2016

Last sale price $469,000

Est. 56% increase in value since last sale

Current estimated payment $4,531/month

56 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Sandy Beach
  • Stream or River on Lot
  • Boat or Launch Ramp
  • Colonial Architecture
  • Space For Rooms

About This Home

As of October 2016

15K Price Reduction!!! Owners found New Home! Absolutely Stunning 4br/2.5ba Colonial on a 1/3 Acre water view corner lot in sought after Magothy Beach, a water privileged community with Beach, Park & Boat Ramp. Home boasts SS Appliances, Full basement, Energy Star HVAC, Attached & Detached Garage, Large Master bedroom w/Full bath, Irrigation System w/ Rain Sensor & More. Chesapeake School System!

Last Agent to Sell the Property

Anthony Jones

ExecuHome Realty Listed on: 05/27/2016

ExecuHome Realty

Last Buyer's Agent

Herbert Chisholm

Arcadia Management Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,287

Year Built

  • Built in 2011

Lot Details

  • 0.3 Acre Lot
  • 100 Feet of Waterfront
  • Home fronts navigable water
  • Sandy Beach
  • Property is zoned R1

Parking

  • 2 Car Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Window Treatments
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Dishwasher
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2.5 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

  • Connecting Stairway
  • Sump Pump
  • Space For Rooms
  • Rough-In Basement Bathroom

Eco-Friendly Details

  • ENERGY STAR Qualified Equipment for Heating

Outdoor Features

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

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • 60 Gallon+ Electric Water Heater
  • Well
  • Water Conditioner is Owned
  • Grinder Pump
  • Gravity Septic Field

Community Details

  • No Home Owners Association
  • $4 Other Monthly Fees
  • Upper Magothy Beach Subdivision

Listing and Financial Details

  • Tax Lot 397
  • Assessor Parcel Number 020388106513505

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,287

Year Built

Built in 2011

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 2011
  • Remarks Public: 15K Price Reduction!!! Owners found New Home! Absolutely Stunning 4br/2.5ba Colonial on a 1/3 Acre water view corner lot in sought after Magothy Beach, a water privileged community with Beach, Park & Boat Ramp. Home boasts SS Appliances, Full basement, Energy Star HVAC, Attached & Detached Garage, Large Master bedroom w/Full bath, Irrigation System w/ Rain Sensor & More. Chesapeake School System!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Dryer, Oven/Range - Electric, Refrigerator, Washer, Water Heater, Water Conditioner - Owned
  • Interior Amenities: Kitchen - Eat-In, Kitchen - Table Space, Family Room Off Kitchen, Window Treatments, Primary Bath(s), Upgraded Countertops
  • Fireplace: No
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Basement, Laundry
  • Basement: Yes
  • Basement Type: Connecting Stairway, Sump Pump, Unfinished, Rough Bath Plumb, Space For Rooms
  • Living Area Units: Square Feet
  • Street Number Modifier: 307

Beds/Baths

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

Exterior Features

  • Construction Materials: Vinyl Siding
  • Pool Private: No
  • View: Water
  • View: Yes
  • 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: Yes
  • Water Frontage In Feet: 100

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage, Paved Driveway
  • Garage Features: Garage Door Opener, Garage - Front Entry
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Driveway, Attached Garage, Detached Garage

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Energy Star Heating System, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric, 60+ Gallon Tank
  • Sewer/Septic System: Gravity Sept Fld, Grinder Pump
  • Water Source: Well

Condo/Co-op/Association

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

Fee Information

  • Other Fees: 50.00
  • Other Fees Frequency: Annually

Schools

  • School District: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
  • Elementary School: LAKE SHORE
  • Middle School: CHESAPEAKE BAY
  • High School: CHESAPEAKE
  • School District Key: 121140671932
  • Elementary School: LAKE SHORE
  • High School: CHESAPEAKE
  • Middle Or Junior School: CHESAPEAKE BAY

Lot Info

  • Lot Size Acres: 0.30
  • Lot Size Area: 12900
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12900.00
  • Property Attached Yn: No
  • Year Assessed: 2016
  • Zoning: R1

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4286.89
  • Assessor Parcel Number: 020388106513505
  • Tax Lot: 397
  • Tax Total Finished Sq Ft: 2468
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015
  • Close Date: 10/28/2016

Multi Family

  • Dock Slip Conveyance: None Available
  • Mean Low Water Feet: 3
  • Waterfront Features: Boat/Launch Ramp, Sandy Beach

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2016
Closed on
Oct 28, 2016
Sold by
Barnes Thomas K and Barnes Melissa L
Bought by
Schleupner Shawn M and Schleupner Lisa M
Seller's Agent
Anthony Jones
ExecuHome Realty
Buyer's Agent
Herbert Chisholm
Arcadia Management Inc
List Price
$499,000
Sold Price
$469,000
Premium/Discount to List
-$30,000
-6.01%
Current Estimated Value
$729,561

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$260,561
Avg. Annual Appreciation
5.21%
Original Mortgage
$460,505
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 13, 2009
Sold by
Higgs Wanda J
Bought by
Talbot Homebuilders Llc

Purchase Details

Closed on
Jun 21, 2006
Sold by
Coomes David C
Bought by
Higgs Wanda J

Purchase Details

Closed on
Jun 9, 2006
Sold by
Coomes David C
Bought by
Higgs Wanda J
Source: Public Records

Range of Values:

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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
Schleupner Shawn M $469,000 Homeland Title & Escrow Ltd
Talbot Homebuilders Llc $97,000 --
Higgs Wanda J $185,000 --
Higgs Wanda J $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schleupner Shawn M $460,505
Closed Schleupner Shawn M $460,505
Closed Barnes Thomas K $389,700
Closed Barnes Thomas Kelton $416,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2016 10/28/16 Sold $469,000 -3.3% --
07/22/2016 07/22/16 Pending -- -- --
06/24/2016 06/24/16 Price Changed $484,900 -2.8% --
05/27/2016 05/27/16 For Sale $499,000 -- --
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
2024 $5,878 $480,900 $190,000 $290,900
2023 $5,835 $480,900 $190,000 $290,900
2022 $5,566 $480,900 $190,000 $290,900
2021 $11,200 $484,200 $190,000 $294,200
2020 $5,537 $484,200 $190,000 $294,200
2019 $5,454 $484,200 $190,000 $294,200
2018 $4,948 $488,000 $180,000 $308,000
2017 $5,117 $453,800 $0 $0
2016 -- $419,600 $0 $0
2015 -- $385,400 $0 $0
2014 -- $385,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001302987

Bright MLS

APN: 03-881-06513505