NOT LISTED FOR SALE

320 Magothy Beach Rd Pasadena, MD 21122

Estimated Value: $492,000 - $659,000

4 Beds
3 Baths
1,892 Sq Ft
$304/Sq Ft Est. Value

Last Sold May 11, 2022

Last sale price $513,320 $271 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,438/month

6 Days on Market

Highlights

  • Coastal Architecture
  • No HOA
  • Central Heating and Cooling System

About This Home

As of May 2022

Come see this NEWLY renovated 4 bedroom 3 bath home in Magothy Beach! The Coastal Modern Farmhouse Design of this home fits perfectly in this water oriented community. The Open living, kitchen and dining area is perfect for entertaining or relaxing with the family all year long. The Gourmet kitchen is a Chef's dream with High-Quality Stainless Steel Appliances, Soft-Close Shaker Cabinets, Beautiful Granite Countertops, HUGE eat-in island and Upgraded Modern Farmhouse fixtures through-out. Head upstairs to your beautiful Master Suite, with a Large walk-in closet, Private En-Suite and view of the Magothy river. 3 additional bedrooms for family, guest or office, PLUS Family room in basement adds additional sqft of living space for hobbies, playroom, or home gym. Large back yard with storage shed. Brand NEW well pump and pressure tank. Plus NEW septic system with a HOOT Aerobic Treatment System. Home is Fully inspected by AA County. And you are just minutes away from Local Hot spots by land or water. Magothy Beach Community boat ramp, beach/pier, and playground all available to residents. With all new roof, windows, flooring, tile, carpet and paint you will feel like you are walking into a brand-new build but without the sticker shock. This home is being sanitized regularly by the owner and ready for immediate move-in. SCHEDULE your SHOWING TODAY!

Last Agent to Sell the Property

Michael Green

mickeygflipping@gmail.com Witz Realty, LLC License #650175 Listed on: 04/12/2022

Co-Listed By

Kathy Munn

klmunn2016@gmail.com Witz Realty, LLC License #659953

Last Buyer's Agent

Brittany Litel

(443) 615-4996 brittany.litel@gmail.com Corner House Realty

Corner House Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,068

Year Built

  • Built in 1940

Lot Details

  • 0.28 Acre Lot
  • Property is zoned R2

Parking

  • Driveway

Home Design

  • Coastal Architecture

Interior Spaces

  • Property has 2 Levels
  • Finished Basement

Bedrooms and Bathrooms

Utilities

  • Central Heating and Cooling System
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Magothy Beach Subdivision

Listing and Financial Details

  • Tax Lot 624
  • Assessor Parcel Number 020388190040241

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,068

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Other
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 2092
  • Living Area Sq Ft: 1892
  • Price Per Sq Ft: 337.06
  • Above Grade Finished Sq Ft: 1522
  • Below Grade Finished Sq Ft: 370
  • Below Grade Sq Ft: 200
  • Total Below Grade Sq Ft: 570
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: 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: 80900.00
  • Land Assessed Value: 188000.00
  • Lot Size Acres: 0.28
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12000.00
  • Zoning: R2
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15257979
  • Tax Annual Amount: 3068.00
  • Assessor Parcel Number: 020388190040241
  • Tax Lot: 624
  • 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 12, 2022
Closed on
May 11, 2022
Sold by
Mp Green 107 Llc
Bought by
Heilman Justin R
Seller's Agent
Michael Green
Witz Realty, LLC
Buyer's Agent
Brittany Litel
Corner House Realty
List Price
$449,900
Sold Price
$513,320
Premium/Discount to List
$63,420
14.1%
Current Estimated Value
$576,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,755
Avg. Annual Appreciation
3.20%
Original Mortgage
$525,126
Outstanding Balance
$497,724
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$78,351

Purchase Details

Listed on
Mar 1, 2021
Closed on
Apr 6, 2021
Sold by
Fannie Mae
Bought by
Mp Green 107 Llc
Seller's Agent
Michele Michael
CENTURY 21 New Millennium
Buyer's Agent
Jennifer Michael
CENTURY 21 New Millennium
List Price
$170,000
Sold Price
$245,100
Premium/Discount to List
$75,100
44.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
97.03%
Original Mortgage
$332,500
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 8, 2019
Sold by
Mccauley George F and Mccauley Beverly A
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 2, 1983
Bought by
Mccauley George F and Mccauley Beverly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,000
Interest Rate
13.43%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Heilman Justin R $513,320 None Listed On Document
Mp Green 107 Llc $245,100 Crown Title Corporation
Federal National Mortgage Association $221,000 None Available
Mccauley George F $51,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heilman Justin R $525,126
Previous Owner Mp Green 107 Llc $332,500
Previous Owner Mccauley George F $51,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/11/2022 05/11/22 Sold $513,320 +0.1% $271 / Sq Ft
04/18/2022 04/18/22 Pending -- -- --
04/18/2022 04/18/22 Price Changed $513,000 +14.0% $271 / Sq Ft
04/12/2022 04/12/22 For Sale $449,900 +83.6% $238 / Sq Ft
04/09/2021 04/09/21 Sold $245,100 +44.2% $161 / Sq Ft View Prior Sale
03/08/2021 03/08/21 Pending -- -- --
03/01/2021 03/01/21 For Sale $170,000 -- $112 / 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 $5,136 $441,067 -- --
2024 $5,136 $413,100 $188,000 $225,100
2023 $5,069 $410,700 $0 $0
2022 $3,295 $263,633 $0 $0
2020 $3,162 $254,800 $0 $0
2019 $4,244 $248,600 $0 $0
2018 $2,458 $242,400 $178,000 $64,400
2017 $2,007 $226,633 $0 $0
2016 -- $210,867 $0 $0
2015 -- $195,100 $0 $0
2014 -- $195,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA2029270

Bright MLS

APN: 03-881-90040241