NOT LISTED FOR SALE

332 Riverside Dr Pasadena, MD 21122

Estimated Value: $766,861 - $930,000

3 Beds
2 Baths
2,174 Sq Ft
$384/Sq Ft Est. Value

Last Sold May 25, 2021

Last sale price $652,000 $300 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $5,006/month

73 Days on Market

Highlights

  • 49 Feet of Waterfront
  • River View
  • Raised Ranch Architecture
  • Private Dock Site
  • Stream or River on Lot
  • No HOA

About This Home

As of May 2021

Lots of perks in this 3 bedroom, 2 bath home directly on the Magothy River. Wake up each morning to water views right from your bed. Sip your coffee on the patio overlooking the serenity of the river. Enjoy dinner on the deck while you watch the most amazing sunsets. End your evening with a glass of wine at the firepit. Top level includes the kitchen/dining room, 3 bedrooms, full bath and walk out to deck. Lower level has one full bath, laundry room/storage room, an open floor plan perfect for your family room and entertaining. Walk-out to the yard and pier. Deep water with 49 ft. of waterfront, perfect for launching your kayaks, paddle boards, canoe or to go swimming, fishing or crabbing. Newly re-decked pier includes electric, running water, and 17,000 lb freshly re-cabled boat lift. Jump on your boat and be at the Bay Bridge in no time! The garage is HUGE (30ftx50ft) with 5-6 car parking, wood stove, electric and plenty of room for extra storage. The ultimate man-cave! Large driveway allows for ample parking as well. Magothy beach DOES NOT have an HOA but does have an improvement association that takes care of the amenities: includes a boat ramp, community beach with fishing pier and playground. Chesapeake school district. No flood insurance needed by current owner's lender. **Tax record sq footage is not accurate, home is over 2500sq ft total **

Last Agent to Sell the Property

Kristel Lowry

(410) 935-9104 kristel.lowry@c21nm.com Cummings & Co. Realtors Listed on: 01/29/2021

Cummings & Co. Realtors

Last Buyer's Agent

Stacey Allen

(615) 403-4707 staceyallen@boblucidoteam.com Keller Williams Lucido Agency

Keller Williams Lucido Agency

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,154

Year Built

  • Built in 1930

Lot Details

  • 0.36 Acre Lot
  • 49 Feet of Waterfront
  • Home fronts navigable water
  • Property is zoned R2

Parking

  • 6 Car Detached Garage
  • Parking Storage or Cabinetry
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Raised Ranch Architecture
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • River Views
  • Finished Basement

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Outdoor Features

  • Water Access
  • River Nearby
  • Private Dock Site
  • Stream or River on Lot
  • Powered Boats Permitted

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heating System Powered By Leased Propane
  • Well
  • Electric Water Heater
  • Septic Tank
  • Community Sewer or Septic

Community Details

  • No Home Owners Association
  • Magothy Beach Improvement Association
  • Upper Magothy Beach Subdivision

Listing and Financial Details

  • Tax Lot 26
  • Assessor Parcel Number 020388132423850

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,154

Year Built

Built in 1930

Lot Details

0

Parking

6

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Raised Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main
  • Expected On Market: 2021-01-29
  • Year Built: 1930
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 2174
  • Living Area Sq Ft: 2174
  • Price Per Sq Ft: 562.62
  • Above Grade Finished Sq Ft: 1244
  • Below Grade Finished Sq Ft: 930
  • Total Below Grade Sq Ft: 930
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • View: River
  • Water Access Features: Boat - Powered
  • Water Access: Yes
  • Water Body Name: Magothy River
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 49

Garage/Parking

  • Garage Spaces: 6.00
  • Garage: Yes
  • Garage Features: Additional Storage Area, Garage - Front Entry, Garage Door Opener, Oversized
  • Number Of Detached Garage Spaces: 6
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Detached Garage, Driveway

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Propane - Leased
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Community Septic Tank, Private Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Name: MAGOTHY BEACH IMPROVEMENT ASSOCIATION
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: LAKE SHORE
  • High School: CHESAPEAKE
  • Middle Or Junior School: CHESAPEAKE BAY

Lot Info

  • Lot Size Acres: 0.36
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15639.00
  • Zoning: R2
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 6154.00
  • Assessor Parcel Number: 020388132423850
  • Tax Lot: 26
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021

Multi Family

  • Waterfront Features: Private Dock Site

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2021
Closed on
May 25, 2021
Sold by
Morris Lawrence G and Morris Kathleen T
Bought by
Shea Jeffrey Robert and Hutcheon Katharine Conlin
Seller's Agent
Kristel Lowry
Cummings & Co. Realtors
Buyer's Agent
Stacey Allen
Keller Williams Lucido Agency
List Price
$769,900
Sold Price
$652,000
Premium/Discount to List
-$117,900
-15.31%
Current Estimated Value
$834,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,215
Avg. Annual Appreciation
5.48%
Original Mortgage
$489,000
Outstanding Balance
$441,763
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$392,452

Purchase Details

Closed on
Jul 11, 2003
Sold by
Waltman Paul C
Bought by
Morris Lawrence G and Morris Kathleen T
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
Shea Jeffrey Robert $652,000 Residential T&E Co
Morris Lawrence G $425,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shea Jeffrey Robert $489,000
Closed Morris Lawrence G --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2021 05/25/21 Sold $652,000 -6.8% $300 / Sq Ft
04/13/2021 04/13/21 Pending -- -- --
03/18/2021 03/18/21 Price Changed $699,900 -5.4% $322 / Sq Ft
02/12/2021 02/12/21 Price Changed $739,900 -3.9% $340 / Sq Ft
01/29/2021 01/29/21 For Sale $769,900 -- $354 / 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 $7,773 $696,867 -- --
2024 $7,773 $686,100 $448,000 $238,100
2023 $7,566 $655,567 $0 $0
2022 $7,072 $625,033 $0 $0
2021 $4,950 $594,500 $418,000 $176,500
2020 $4,950 $559,867 $0 $0
2019 $4,846 $525,233 $0 $0
2018 $4,975 $490,600 $317,200 $173,400
2017 $4,455 $468,167 $0 $0
2016 -- $445,733 $0 $0
2015 -- $423,300 $0 $0
2014 -- $423,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA457656

Bright MLS

APN: 03-881-32423850