NOT LISTED FOR SALE

311 Magothy Beach Rd Pasadena, MD 21122

Estimated Value: $346,000 - $409,000

2 Beds
1 Bath
904 Sq Ft
$412/Sq Ft Est. Value

Last Sold July 08, 2022

Last sale price $315,000 $348 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,199/month

42 Days on Market

Highlights

  • Home fronts navigable water
  • Canoe or Kayak Water Access
  • Stream or River on Lot
  • Private Beach
  • Fishing Allowed
  • Main Floor Bedroom

About This Home

As of July 2022

So much Work & Love have gone into this home and it's ready for its new owner. Records of all work including the new septic system, the new HVAC, Roof Work. This home is a great starter home or even a new property to add to your investment portfolio. Low maintenance home that is move in ready! The foundation is solid and has been reinforced by a licensed foundation company with all records/permitting information available. Large Shed out back is well built on a concrete slab with electricity & loft storage! Location is within a few blocks of water and community beach. Tot lot is also across the street and is well cared for. Come check this one out!

Last Agent to Sell the Property

Holly Greenstreet

(443) 722-7858 holly.greenstreet@exitresults.com Hyatt & Company Real Estate, LLC License #640084 Listed on: 04/08/2022

Last Buyer's Agent

Hunter Parks

(443) 977-0338 hunterparks@kw.com Keller Williams Flagship License #5008969

Keller Williams Flagship

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,640

Year Built

  • Built in 1940 | Remodeled in 2021

Lot Details

  • 7,200 Sq Ft Lot
  • Home fronts navigable water
  • Private Beach
  • Landscaped
  • Property is in excellent condition
  • Property is zoned R1

Home Design

  • Bungalow
  • Flat Roof Shape
  • Rubber Roof
  • Vinyl Siding

Interior Spaces

  • 904 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Awning
  • Family Room
  • Living Room
  • Crawl Space

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

  • Private Parking
  • Stone Driveway
  • Gravel Driveway

Accessible Home Design

  • More Than Two Accessible Exits

Outdoor Features

  • Canoe or Kayak Water Access
  • Private Water Access
  • River Nearby
  • Personal Watercraft
  • Stream or River on Lot
  • Powered Boats Permitted
  • Shed

Schools

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

Utilities

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

Listing and Financial Details

  • Tax Lot 682
  • Assessor Parcel Number 020388124639100

Community Details

Overview

  • No Home Owners Association
  • $50 Recreation Fee
  • Magothy Beach Subdivision

Recreation

  • 1 Community Docks
  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,640

Year Built

Built in 1940 | Remodeled in 2021

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Expected On Market: 4/8/2022 12:00:00 AM
  • Year Built: 1940
  • Year Renovated: 2021
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Stove, Refrigerator
  • Interior Amenities: Entry Level Bedroom
  • Fireplace: No
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Laundry, Full Bath
  • Basement: No
  • Laundry Type: Has Laundry, Hookup
  • Total Sq Ft: 904
  • Living Area Sq Ft: 904
  • Price Per Sq Ft: 370.58
  • Above Grade Finished Sq Ft: 904
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed Shop
  • Construction Materials: Vinyl Siding
  • Exterior Features: Awning(s), Private Beach
  • Roof: Rubber, Flat
  • Water Access Features: Canoe/Kayak, Fishing Allowed, Personal Watercraft (PWC), Boat - Powered, Private Access
  • 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: No
  • Parking Features: Crushed Stone, Gravel Driveway, Private, Stone Driveway
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Private Septic Tank, Septic Exists
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: 50.00
  • Association Recreation Fee: Yes

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: LAKE SHORE ELEMENTARY AT CHESAPEAKE BAY
  • High School: CHESAPEAKE
  • Middle Or Junior School: CHESAPEAKE BAY

Lot Info

  • Lot Features: Landscaping
  • Lot Size Acres: 0.17
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7200.00
  • Property Condition: Very Good, Excellent, Good
  • Zoning: R1
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2640.00
  • Assessor Parcel Number: 020388124639100
  • Tax Lot: 682
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2022
Closed on
Jul 8, 2022
Sold by
Caliendo Joseph F and Caliendo Rebecca K
Bought by
Burwick Rodney A and Burwick Nicola L
Seller's Agent
Holly Greenstreet
Hyatt & Company Real Estate, LLC
Buyer's Agent
Hunter Parks
Keller Williams Flagship
List Price
$349,000
Sold Price
$315,000
Premium/Discount to List
-$34,000
-9.74%
Current Estimated Value
$372,568

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,568
Avg. Annual Appreciation
4.91%
Original Mortgage
$309,294
Outstanding Balance
$294,612
Interest Rate
5.23%
Mortgage Type
FHA
Estimated Equity
$77,956

Purchase Details

Closed on
Apr 26, 1978
Bought by
Caliendo Joseph F and Caliendo Rebecca K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,000
Interest Rate
9.38%
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
Burwick Rodney A $315,000 Charter Title
Caliendo Joseph F $39,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burwick Rodney A $309,294
Previous Owner Caliendo Joseph F $39,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/08/2022 07/08/22 Sold $315,000 -6.0% $348 / Sq Ft
05/21/2022 05/21/22 Pending -- -- --
04/29/2022 04/29/22 Price Changed $335,000 -4.0% $371 / Sq Ft
04/08/2022 04/08/22 For Sale $349,000 -- $386 / 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 $3,040 $249,533 -- --
2024 $3,040 $221,700 $177,200 $44,500
2023 $2,998 $221,133 $0 $0
2022 $2,845 $220,567 $0 $0
2021 $2,839 $220,000 $177,200 $42,800
2020 $2,746 $214,967 $0 $0
2019 $2,695 $209,933 $0 $0
2018 $2,078 $204,900 $167,200 $37,700
2017 $2,405 $187,633 $0 $0
2016 -- $170,367 $0 $0
2015 -- $153,100 $0 $0
2014 -- $153,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA2028412

Bright MLS

APN: 03-881-24639100