Seller's Agent in 2021
Elizabeth Atwood
Krauss Real Property Brokerage
(410) 458-6471
1 in this area
57 Total Sales
328 N Ferry Point Rd Pasadena, MD 21122
Estimated Value: $604,000 - $916,000
4
Beds
2
Baths
1,018
Sq Ft
$795/Sq Ft
Est. Value
Highlights
- 100 Feet of Waterfront
- Access to Tidal Water
- Fishing Allowed
- 2 Dock Slips
- Private Beach
- River View
About This Home
As of April 2021Swan Cove on the Magothy. Perched on a bluff with views of Swan Cove and the Magothy River, the elevated homesite holds a 1940 s cottage on just over an acre. Available for the first time in 80 years, this diamond in the rough is the last of 3 summer cottages enjoyed by 3 sisters who each enjoyed years of raising their families together on the water. Approximately 100 feet of shoreline, clean sandy beach which extends under water past the end of the 150 ft pier, and a wide protected cove with deep draft make this the perfect spot for nature lovers, water sport enthusiasts, sailing, fishing and crabbing. The value is in the land and the possibilities are endless! Thin some vegetation and renovate the cottage or just go big, tap into your imagination, swipe the site and realize your waterfront dream home with spectacular view. This is truly a rare opportunity to enjoy zippy access to the Chesapeake Bay via the beautiful Magothy River while enjoying the calm water of protected Swan Cove. Conveniently located to upscale markets, restaurants, Annapolis, and under 30 minutes to the airport and train station. Please do not enter the property without appointment.
Last Agent to Sell the Property
(410) 458-6471 eatwood@heidikrauss.com Krauss Real Property Brokerage Listed on: 08/29/2019
Last Buyer's Agent
Non Member Member
beta@mris.net Metropolitan Regional Information Systems, Inc.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,806
Year Built
- Built in 1940
Lot Details
- 1.05 Acre Lot
- 100 Feet of Waterfront
- Home fronts navigable water
- Private Beach
- Sandy Beach
- No Through Street
- Property is in below average condition
- Property is zoned R1
Parking
- Driveway
Property Views
- River
- Scenic Vista
- Woods
Home Design
- Craftsman Architecture
Interior Spaces
- 1,018 Sq Ft Home
- Property has 3 Levels
- Alarm System
- Dishwasher
- Basement
Bedrooms and Bathrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Access to Tidal Water
- Canoe or Kayak Water Access
- Private Water Access
- River Nearby
- Personal Watercraft
- Waterski or Wakeboard
- Sail
- Swimming Allowed
- 2 Dock Slips
- Physical Dock Slip Conveys
- Dock made with Treated Lumber
- Stream or River on Lot
- 2 Powered Boats Permitted
- 2 Non-Powered Boats Permitted
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
- Heat Pump System
- Well
- Electric Water Heater
- Septic Tank
- Community Sewer or Septic
Listing and Financial Details
- Assessor Parcel Number 020300002678200
Community Details
Overview
- No Home Owners Association
- Lake Shore Subdivision
Recreation
- Fishing Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 29, 2019
Closed on
Apr 7, 2021
Sold by
Brigstocke Ann M
Bought by
Cabana Henry J
Seller's Agent
Elizabeth Atwood
Krauss Real Property Brokerage
Buyer's Agent
Non Member Member
Metropolitan Regional Information Systems, Inc.
List Price
$898,000
Sold Price
$750,000
Premium/Discount to List
-$148,000
-16.48%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,548
Avg. Annual Appreciation
1.69%
Original Mortgage
$548,250
Outstanding Balance
$495,400
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$314,148
Purchase Details
Closed on
Aug 27, 1996
Sold by
Brigstocke Richard M
Bought by
Brigstocke Richard M and Brigstocke Ann M
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cabana Henry J | $750,000 | Lp Title Llc | |
| Brigstocke Richard M | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cabana Henry J | $548,250 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/07/2021 04/07/21 | Sold | $750,000 | -4.0% | $737 / Sq Ft |
| 02/21/2021 02/21/21 | Pending | -- | -- | -- |
| 10/30/2020 10/30/20 | Price Changed | $780,880 | -13.0% | $767 / Sq Ft |
| 10/15/2019 10/15/19 | For Sale | $898,000 | +19.7% | $882 / Sq Ft |
| 08/29/2019 08/29/19 | Off Market | $750,000 | -- | -- |
Source: Bright MLS
Tax History Compared to Growth
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 | $8,559 | $618,800 | $602,300 | $16,500 |
| 2024 | $8,559 | $730,300 | $602,300 | $128,000 |
| 2023 | $8,116 | $694,333 | $0 | $0 |
| 2022 | $7,370 | $658,367 | $0 | $0 |
| 2021 | $6,994 | $622,400 | $522,300 | $100,100 |
| 2020 | $6,954 | $622,033 | $0 | $0 |
| 2019 | $6,956 | $621,667 | $0 | $0 |
| 2018 | $6,300 | $621,300 | $522,300 | $99,000 |
| 2017 | $6,074 | $584,800 | $0 | $0 |
| 2016 | -- | $548,300 | $0 | $0 |
| 2015 | -- | $511,800 | $0 | $0 |
| 2014 | -- | $511,800 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Elizabeth Atwood
-
N
Buyer's Agent in 2021
Non Member Member
Metropolitan Regional Information Systems
Map
Source: Bright MLS
MLS Number: MDAA409562
APN: 03-000-02678200
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