NOT LISTED FOR SALE

338 Somerset Rd Pasadena, MD 21122

Estimated Value: $1,376,000 - $1,589,000

5 Beds
3.5 Baths
3,258 Sq Ft
$455/Sq Ft Est. Value

Last Sold February 01, 2024

Last sale price $1,500,000 $460 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $8,966/month

1 Day on Market

Highlights

  • 100 Feet of Waterfront
  • Access to Tidal Water
  • Fishing Allowed
  • 2 Dock Slips
  • Sandy Beach
  • Gourmet Kitchen

About This Home

As of February 2024

This gorgeous modern farmhouse, ideally sited at the end of a quiet drive, along the picturesque shores of the Magothy River is a true masterpiece. This home was meticulously rebuilt in 2019 from the foundation up, and every detail has been carefully crafted to create a home that seamlessly blends sophistication with the tranquility of waterfront living. As you step through the front door, you are greeted by an expansive waterfront view that sets the tone for the entire residence. The open floor plan on the main level boasts luxurious vinyl plank radiant heated floors, a gas fireplace with custom built-in surround, and vaulted ceilings with skylights that fill the space with natural light. Glass doors lead you to a meticulously designed waterfront backyard patio, perfect for enjoying the stunning views and entertaining guests. The gourmet kitchen is a chef's dream, featuring quartz countertops, a subway tile backsplash, and an oversized quartz island with seating. Stainless steel appliances complement the modern aesthetic, while a large butler's pantry provides additional convenience with an additional refrigerator, dishwasher, sink, and ample storage. The kitchen seamlessly opens to a spacious dining area, ideal for entertaining. The main level laundry/mudroom, featuring a dedicated dog washing station and built-in storage solutions, add practicality and ease of use. The main level also accommodates an office, a guest bedroom/den, and a powder room, offering flexibility and convenience. The primary suite is a true retreat, complete with a waterfront view, glass doors to the backyard patio, a serene ensuite bathroom, and a spacious walk-in closet. Venture to the upper level, where a second laundry area and three bedrooms with walk-in closets await. Two bedrooms share a connecting ensuite bathroom, while another bedroom boasts its own ensuite bathroom and a captivating waterfront view. The finished attached garage serves as a versatile recreation room, equipped with built-in sink, custom built-in storage solutions and two split units for AC and heat. The bonus room above the garage offers endless possibilities – whether it be an office, gym, or hobby room, all with a water view. Step outside to the meticulously landscaped .76-acre waterfront property, featuring a pebble and natural stone patio facing the water. Stone steps lead to the sandy beach, and a private dock with one boat slip awaits your maritime adventures. The property also offers the option to add a boat lift with a 6' mean low water. With its custom designer finishes, thoughtful layouts, and unparalleled waterfront setting, this modern farmhouse is more than a home – it's a lifestyle. Immerse yourself in the beauty of the Magothy River and make this exquisite property your own.

Last Agent to Sell the Property

Carol Snyder

Monument Sotheby's International Realty License #632028 Listed on: 12/04/2023

Last Buyer's Agent

Victoria king

Samson Properties License #663688

Samson Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,614

Year Built

  • Built in 1965 | Remodeled in 2019

Lot Details

  • 0.76 Acre Lot
  • 100 Feet of Waterfront
  • Home fronts navigable water
  • Sandy Beach
  • Additional parcel across Somerset Rd conveys with the sale of the property
  • Property is in excellent condition
  • Property is zoned R1

Parking

  • 2 Car Direct Access Garage
  • Oversized Parking
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Transitional Architecture
  • Block Foundation
  • Poured Concrete
  • Vinyl Siding
  • HardiePlank Type

Interior Spaces

  • Property has 2.5 Levels
  • Open Floorplan
  • Built-In Features
  • Skylights
  • Recessed Lighting
  • Gas Fireplace
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Luxury Vinyl Plank Tile Flooring
  • River Views

Kitchen

  • Gourmet Kitchen
  • Gas Oven or Range
  • Range Hood
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island

Bedrooms and Bathrooms

  • Walk-In Closet

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Unfinished Basement

  • Exterior Basement Entry
  • Drainage System
  • Sump Pump

Outdoor Features

  • Access to Tidal Water
  • Canoe or Kayak Water Access
  • Private Water Access
  • River Nearby
  • Swimming Allowed
  • 2 Dock Slips
  • Physical Dock Slip Conveys
  • Powered Boats Permitted

Schools

  • Northeast High School

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Powered By Leased Propane
  • Radiant Heating System
  • Vented Exhaust Fan
  • Well
  • Tankless Water Heater
  • On Site Septic
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 020300026962000

Community Details

Overview

  • No Home Owners Association
  • Laurel Acres Subdivision

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,614

Year Built

Built in 1965 | Remodeled in 2019

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Transitional
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2023-12-04
  • Year Built: 1965
  • Year Renovated: 2019
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Dryer, Exhaust Fan, Oven/Range - Gas, Range Hood, Refrigerator, Stainless Steel Appliances, Washer, Water Heater - Tankless
  • Flooring Type: Luxury Vinyl Plank
  • Interior Amenities: Built-Ins, Combination Dining/Living, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Island, Kitchen - Gourmet, Pantry, Skylight(s), Recessed Lighting, Walk-In Closet(s)
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 2.5
  • Basement: Yes
  • Basement Type: Outside Entrance, Poured Concrete, Sump Pump, Unfinished, Drainage System
  • Laundry Type: Main Floor, Upper Floor
  • Total Sq Ft: 4838
  • Living Area Sq Ft: 3258
  • Price Per Sq Ft: 399.02
  • Above Grade Finished Sq Ft: 3258
  • Below Grade Sq Ft: 1580
  • Total Below Grade Sq Ft: 1580
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 338

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 2
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Hardiplank Type, Vinyl Siding
  • View: River
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Private Access, Swimming Allowed
  • Water Access: Yes
  • Water Body Name: Magothy River
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 100

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry, Garage Door Opener, Oversized, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Propane - Leased, Electric
  • Heating Type: Heat Pump(s), Radiant
  • Heating: Yes
  • Hot Water: Tankless
  • Sewer/Septic System: On Site Septic, Private Septic Tank
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
  • High School: NORTHEAST
  • High School Source: 3rd Party
  • School District Key: 121140671932
  • School District Source: 3rd Party
  • High School: NORTHEAST

Lot Info

  • Additional Parcels Description: Additional parcel across Somerset Rd conveys with the sale of the property
  • Land Use Code: R
  • Lot Size Acres: 0.76
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 33106.00
  • Property Condition: Excellent
  • Year Assessed: 2023
  • Zoning: R1
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 9614.00
  • Assessor Parcel Number: 020300026962000
  • Tax Total Finished Sq Ft: 3191
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 02/01/2024

Multi Family

  • Mean Low Water Feet: 6
  • Waterfront Features: Private Dock Site, Sandy Beach

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2023
Closed on
Feb 1, 2024
Sold by
Frees Jonathan P
Bought by
Ticar Martin and Ticar Lynn P
Seller's Agent
Carol Snyder
Monument Sotheby's International Realty
Buyer's Agent
Victoria king
Samson Properties
List Price
$1,300,000
Sold Price
$1,500,000
Premium/Discount to List
$200,000
15.38%
Views
973
Current Estimated Value
$1,482,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$17,333
Avg. Annual Appreciation
-1.17%

Purchase Details

Closed on
Oct 22, 2023
Sold by
Frees Jonathan P and Frees Heather M
Bought by
Frees Jonathan P and Frees Heather M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$805,300
Interest Rate
6.99%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 6, 2016
Closed on
Sep 15, 2016
Sold by
Schneider George R
Bought by
Frees Jonathan P and Frees Heather M
Seller's Agent
Steve Browning
Keller Williams Flagship
Buyer's Agent
Heather Frees
Keller Williams Flagship
List Price
$430,000
Sold Price
$375,000
Premium/Discount to List
-$55,000
-12.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.58%
Original Mortgage
$318,750
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 10, 1997
Sold by
Schneider G R
Bought by
Schneider George R and Schneider Evelyn J
Source: Public Records

Range of Values:

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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
Ticar Martin $1,500,000 Cardinal Title Group
Frees Jonathan P $805,300 None Listed On Document
Frees Jonathan P $375,000 Attorney
Schneider George R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Frees Jonathan P $805,300
Previous Owner Frees Jonathan P $825,000
Previous Owner Frees Jonathan P $318,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2024 02/01/24 Sold $1,500,000 +15.4% $460 / Sq Ft
12/06/2023 12/06/23 Pending -- -- --
12/04/2023 12/04/23 For Sale $1,300,000 +246.7% $399 / Sq Ft
09/15/2016 09/15/16 Sold $375,000 -12.8% $286 / Sq Ft
07/24/2016 07/24/16 Pending -- -- --
06/06/2016 06/06/16 For Sale $430,000 -- $328 / 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 $10,639 $1,090,267 -- --
2024 $10,639 $920,200 $559,700 $360,500
2023 $10,403 $903,800 $0 $0
2022 $9,764 $887,400 $0 $0
2021 $0 $871,000 $559,700 $311,300
2020 $9,516 $871,000 $559,700 $311,300
2019 $7,377 $661,833 $0 $0
2018 $6,707 $661,400 $559,700 $101,700
2017 $6,908 $634,433 $0 $0
2016 -- $602,867 $0 $0
2015 -- $571,300 $0 $0
2014 -- $571,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA2073964

Bright MLS

APN: 03-000-26962000