NOT LISTED FOR SALE

368 Riverside Dr Pasadena, MD 21122

Estimated Value: $578,000 - $619,000

3 Beds
2 Baths
-- Sq Ft
0.39 Acres

Last Sold April 26, 2019

Last sale price $425,000

Est. 41% increase in value since last sale

Current estimated payment $3,709/month

4 Days on Market

Highlights

  • 4 Dock Slips
  • Home fronts navigable water
  • Stream or River on Lot
  • Marina View
  • Water Access
  • Raised Ranch Architecture

About This Home

As of April 2019

Looking for a WATERFRONT HOME? As you drive down Magothy Beach Rd you are suddenly reminded of the peace and serenity that is your beautiful home. You pull into your long driveway, walk inside and... peace... ease... relaxation. As you settle in with a glass of wine, you smile and lightly laugh thinking about how life has taken you exactly to this place, to this beautiful place, home. Welcome home. Open floor plan and lots of natural lighting. Close to Route 50, Annapolis,Baltimore, 495, 95, and D.C

Last Agent to Sell the Property

Mark Milligan

RE/Max Experience License #660783 Listed on: 03/14/2019

RE/Max Experience

Last Buyer's Agent

Mark Feen

Coldwell Banker Realty

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,447

Year Built

  • Built in 1964

Lot Details

  • 0.39 Acre Lot
  • Home fronts navigable water
  • Property is zoned R2

Property Views

  • Marina
  • Bay
  • River

Home Design

  • Raised Ranch Architecture
  • Traditional Architecture
  • Shingle Roof
  • Asbestos

Interior Spaces

  • Property has 2 Levels
  • Wood Burning Fireplace
  • Stove

Bedrooms and Bathrooms

  • 2 Full Bathrooms

Laundry

  • Washer
  • Gas Dryer

Parking

  • Driveway
  • Off-Street Parking

Outdoor Features

  • Water Access
  • River Nearby
  • 4 Dock Slips
  • Physical Dock Slip Conveys
  • Stream or River on Lot

Schools

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

Utilities

  • Central Air
  • Window Unit Cooling System
  • Radiator
  • Heating System Uses Oil
  • Back Up Electric Heat Pump System
  • Well
  • On Site Septic

Community Details

  • No Home Owners Association
  • Chelsea Beach Subdivision

Listing and Financial Details

  • Tax Lot 30
  • Assessor Parcel Number 020318514656451

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,447

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Raised Ranch/Rambler, Traditional
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1964
  • Remarks Public: Looking for a WATERFRONT HOME? As you drive down Magothy Beach Rd you are suddenly reminded of the peace and serenity that is your beautiful home. You pull into your long driveway, walk inside and... peace... ease... relaxation. As you settle in with a glass of wine, you smile and lightly laugh thinking about how life has taken you exactly to this place, to this beautiful place, home. Welcome home. Open floor plan and lots of natural lighting. Close to Route 50, Annapolis,Baltimore, 495, 95, and D.C,
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Stove, Washer, Dryer - Gas
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Bedroom 1, Bathroom 2, Bathroom 3
  • Basement: No
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 368

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Asbestos
  • Roof: Shingle
  • View: Marina, River, Water, Bay
  • Water Access: Yes
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway, Off Street

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Window Unit(s)
  • Heating Fuel: Oil
  • Heating Type: Heat Pump - Electric Backup, Radiator
  • Heating: Yes
  • Sewer/Septic System: On Site Septic
  • 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
  • Elementary School: LAKE SHORE ELEMENTARY AT CHESAPEAKE BAY
  • Middle School: CHESAPEAKE BAY
  • High School: CHESAPEAKE
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121140671932
  • School District Source: 3rd Party
  • Elementary School: LAKE SHORE ELEMENTARY AT CHESAPEAKE BAY
  • High School: CHESAPEAKE
  • Middle Or Junior School: CHESAPEAKE BAY

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Assessed Value: 112800.00
  • Land Use Code: 011
  • Lot Size Acres: 0.39
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 17069.00
  • Year Assessed: 2018
  • Zoning: R2
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15214955
  • Tax Annual Amount: 1447.00
  • Assessor Parcel Number: 020318514656451
  • Tax Lot: 30
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 04/26/2019

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
Mar 14, 2019
Closed on
Apr 26, 2019
Sold by
Bennett Sharon C and Estate Of Shirley E Cloud
Bought by
Simon Nora C and Simon Thomas C
Seller's Agent
Mark Milligan
RE/Max Experience
Buyer's Agent
Mark Feen
Coldwell Banker Realty
List Price
$400,000
Sold Price
$425,000
Premium/Discount to List
$25,000
6.25%
Current Estimated Value
$600,736

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,736
Avg. Annual Appreciation
5.46%
Original Mortgage
$382,500
Interest Rate
4%
Mortgage Type
New Conventional
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
Simon Nora C $425,000 Sage Title Group Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simon Nora C $386,000
Closed Simon Nora C $382,500
Previous Owner Cloud James M $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2019 04/26/19 Sold $425,000 +6.3% --
03/18/2019 03/18/19 Pending -- -- --
03/14/2019 03/14/19 For Sale $400,000 -- --
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 $5,302 $430,200 -- --
2024 $5,302 $428,300 $324,000 $104,300
2023 $5,120 $415,400 $0 $0
2022 $4,746 $402,500 $0 $0
2021 $9,223 $389,600 $301,500 $88,100
2020 $4,311 $364,567 $0 $0
2019 $4,052 $339,533 $0 $0
2018 $3,189 $314,500 $229,400 $85,100
2017 $2,796 $307,333 $0 $0
2016 -- $300,167 $0 $0
2015 -- $293,000 $0 $0
2014 -- $293,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA377340

Bright MLS

APN: 03-881-06074900