NOT LISTED FOR SALE

392 Riverside Dr Pasadena, MD 21122

Estimated Value: $457,000 - $636,000

2 Beds
2 Baths
1,008 Sq Ft
$505/Sq Ft Est. Value

Last Sold October 18, 2013

Last sale price $390,000 $387 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $3,055/month

Highlights

  • 100 Feet of Waterfront
  • No HOA
  • Forced Air Heating and Cooling System
  • Cape Cod Architecture
  • Eat-In Kitchen
  • Water Conditioner is Owned

About This Home

As of January 2015

Spectacular Waterfront View Looking Over the Magothy River with /Open & Airy Cottage Feeling. Enjoy Your Summers Relaxing on the Beach. Fully Updated in Recent Years. Tons of Extras:Hardwoods, SunRoom, Landscaping, Porch-Deck & So Much More... Full Bath in Basement and lots of storage space. Non-Reparian Waterfront! Owner will discount rent $100 per month for an 18 month lease!

Last Agent to Rent the Property

Dave Hough

(410) 599-0653 davehough@remax.net RE/MAX Executive Listed on: 12/16/2014

Last Renter's Agent

John Rice

(240) 882-3049 johnrice5874@gmail.com Taylor Properties

Taylor Properties

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 9,590 Sq Ft Lot
  • 100 Feet of Waterfront
  • Home fronts navigable water
  • Property is in very good condition
  • Property is zoned R2

Parking

  • Off-Street Parking

Home Design

  • Cape Cod Architecture
  • Frame Construction

Interior Spaces

  • Property has 3 Levels
  • Window Treatments
  • Water Views
  • Partially Finished Basement
  • Rear Basement Entry

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Water Access
  • River Nearby

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Well
  • Electric Water Heater
  • Water Conditioner is Owned
  • Septic Tank

Community Details

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

Listing and Financial Details

  • Residential Lease
  • Security Deposit $1,995
  • Property is used as a vacation rental
  • Tenant pays for all utilities
  • Rent includes lawn service, taxes, trash removal, water, sewer
  • No Smoking Allowed
  • 1-Month Min and 60-Month Max Lease Term
  • Available 12/16/14
  • $35 Application Fee
  • Assessor Parcel Number 020388123594600

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Rental Info

  • Date Available: 2014-12-16
  • Application Fee: 35.00
  • Lease Term: Other
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Rent Includes: Lawn Service, Taxes, Trash Removal, Water, Sewer
  • Security Deposit: 1995.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Utilities - All
  • Vacation Rental: Yes
  • Max Lease in Months: 60
  • Min Lease in Months: 1

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Federal Flood Insurance: Unknown
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer, Oven/Range - Gas, Water Conditioner - Owned
  • Interior Amenities: Kitchen - Table Space, Window Treatments
  • Fireplace: No
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Rear Entrance, Outside Entrance, Partially Finished
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00

Exterior Features

  • Construction Materials: Frame
  • Construction Completed: No
  • View: Water
  • 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: 100

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

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

Lot Info

  • Lot Size Acres: 0.22
  • Lot Size Area: 9590
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9590.00
  • Property Condition: Very Good
  • Zoning: R2

Multi Family

  • Dock Slip Conveyance: None Available
  • Federal Flood Zone: UNKNOWN

Tax Info

  • Assessor Parcel Number: 15257862
  • Assessor Parcel Number: 020388123594600

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2013
Closed on
Oct 18, 2013
Sold by
Fanjoy William L and Fanjoy Kerri L
Bought by
George Randall W
Seller's Agent
Dave Hough
RE/MAX Executive
Buyer's Agent
Carol Harrison
Coldwell Banker Chesapeake Real Estate Company
Sold Price
$1,995
Current Estimated Value
$509,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$507,165
Avg. Annual Appreciation
2.21%
Original Mortgage
$312,000
Outstanding Balance
$234,626
Interest Rate
4.52%
Mortgage Type
New Conventional
Estimated Equity
$274,534

Purchase Details

Closed on
Mar 9, 2011
Sold by
Magothy Cottages Llc
Bought by
Fanjoy William L and Fanjoy Kerri L

Purchase Details

Closed on
Aug 31, 2010
Sold by
Magothy Cottages Llc
Bought by
Fanjoy William L and Fanjoy Kerri L

Purchase Details

Closed on
Aug 8, 2006
Sold by
Woywod Michael V
Bought by
Magothy Cottages Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 28, 2006
Sold by
Woywod Michael V
Bought by
Magothy Cottages Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 21, 2005
Sold by
Johnson Katherine E
Bought by
Woywod Michael V and Woywod Cherril A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
5.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 31, 2005
Sold by
Johnson Katherine E
Bought by
Woywod Michael V and Woywod Cherril A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
5.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 21, 2001
Sold by
Johnson Kay E
Bought by
Johnson Katherine E

Purchase Details

Closed on
Sep 28, 1994
Sold by
Preslopsky Joseph
Bought by
Johnson Kay E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,700
Interest Rate
8.5%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
George Randall W $390,000 Lakeside Title Company
Fanjoy William L -- --
Fanjoy William L -- --
Magothy Cottages Llc $541,000 --
Magothy Cottages Llc $541,000 --
Woywod Michael V $449,900 --
Woywod Michael V $449,900 --
Johnson Katherine E -- --
Johnson Kay E $133,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open George Randall W $312,000
Previous Owner Magothy Cottages Llc $190,000
Previous Owner Magothy Cottages Llc $190,000
Previous Owner Woywod Michael V $320,000
Previous Owner Woywod Michael V $320,000
Previous Owner Johnson Kay E $151,700
Closed Johnson Katherine E --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/17/2015 01/17/15 Rented $1,895 -5.0% --
01/15/2015 01/15/15 Under Contract -- -- --
12/16/2014 12/16/14 For Rent $1,995 0.0% --
12/01/2013 12/01/13 Rented $1,995 -5.0% --
11/18/2013 11/18/13 Under Contract -- -- --
10/21/2013 10/21/13 For Rent $2,100 0.0% --
10/18/2013 10/18/13 Sold $390,000 0.0% $580 / Sq Ft View Prior Sale
09/11/2013 09/11/13 Pending -- -- --
08/06/2013 08/06/13 Price Changed $390,000 -8.2% $580 / Sq Ft
06/24/2013 06/24/13 For Sale $425,000 -- $632 / 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 $4,660 $379,600 -- --
2024 $4,660 $369,600 $267,500 $102,100
2023 $4,570 $365,067 $0 $0
2022 $4,308 $360,533 $0 $0
2021 $4,260 $356,000 $267,500 $88,500
2020 $4,131 $347,367 $0 $0
2019 $4,044 $338,733 $0 $0
2018 $3,347 $330,100 $252,500 $77,600
2017 $3,589 $303,867 $0 $0
2016 -- $277,633 $0 $0
2015 -- $251,400 $0 $0
2014 -- $251,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003280210

Bright MLS

APN: 03-881-23594600