Seller's Agent in 2020
Kristel Lowry
Cummings & Co. Realtors
(410) 935-9104
8 in this area
55 Total Sales
406 Riverside Dr Pasadena, MD 21122
Estimated Value: $653,000 - $718,590
2
Beds
1
Bath
988
Sq Ft
$695/Sq Ft
Est. Value
Highlights
- 54 Feet of Waterfront
- Cottage
- Hot Water Baseboard Heater
- No HOA
- Central Air
About This Home
As of November 2020This adorable waterfront cottage on the very desirable Magothy River has been immaculately maintained. 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. This 2 bedroom, 1 bath home is like being on vacation year round. Boat, kayak, canoe, fish, or catch fresh crabs right in your own front yard! Outdoor space is an entertainer's dream. Extra little house on the property can be used for a virtual learning center, she-shed, man cave, home office, kids play room, or extra storage. Deep water pier on a wide area of the Magothy. Pier includes BRAND NEW 13,000 lb boat lift. Jump on your boat and be at the Bay Bridge in no time! Master bedroom is located on the main floor with an additional bedroom upstairs. Nice sized kitchen, bright and airy dining room and living room. Home has been recently updated with new flooring, new carpet in upstairs bedroom and fresh paint. Large driveway allows for ample parking, 8-10 vehicles. Magothy beach has a voluntary HOA and includes a boat ramp, community beach and playground. No flood insurance needed. Welcome home! **Tax record sq footage is not accurate.
Last Agent to Sell the Property
(410) 935-9104 kristel.lowry@c21nm.com Cummings & Co. Realtors Listed on: 10/09/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,793
Year Built
- Built in 1923
Lot Details
- 0.25 Acre Lot
- 54 Feet of Waterfront
- Home fronts navigable water
- Property is zoned R2
Parking
- Driveway
Home Design
- Cottage
- Vinyl Siding
Interior Spaces
- 988 Sq Ft Home
- Property has 2 Levels
Bedrooms and Bathrooms
- 1 Full Bathroom
Outdoor Features
- Water Access
- River Nearby
Utilities
- Central Air
- Heating System Uses Oil
- Hot Water Baseboard Heater
- Well
- Electric Water Heater
- Septic Tank
- Community Sewer or Septic
Community Details
- No Home Owners Association
- Magothy Beach Subdivision
Listing and Financial Details
- Tax Lot 58
- Assessor Parcel Number 020388122794300
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 9, 2020
Closed on
Nov 20, 2020
Sold by
Hester James M and Johns Pamela L
Bought by
Gruentzel Thomas and Gruentzel Nancy
Seller's Agent
Kristel Lowry
Cummings & Co. Realtors
Buyer's Agent
Brad Lanasa
Douglas Realty, LLC
List Price
$554,900
Sold Price
$565,000
Premium/Discount to List
$10,100
1.82%
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
$121,648
Avg. Annual Appreciation
4.03%
Original Mortgage
$365,000
Outstanding Balance
$324,210
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$362,438
Purchase Details
Closed on
Apr 23, 2018
Sold by
Hester James Michael and Hester David Allen
Bought by
Hester James M and Johns Pamela J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.44%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 15, 2012
Sold by
Hester James and Hester Margaret
Bought by
Hester James Olin and Hester Margaret
Purchase Details
Closed on
Oct 14, 1980
Bought by
Hester James
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,000
Interest Rate
13.73%
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 |
|---|---|---|---|
| Gruentzel Thomas | $565,000 | Home First Title Group Llc | |
| Hester James M | $205,000 | Key Title Inc | |
| Hester James Michael | -- | Key Title Inc | |
| Hester James Olin | -- | None Available | |
| Hester James | $75,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gruentzel Thomas | $365,000 | |
| Previous Owner | Hester James Michael | $250,000 | |
| Previous Owner | Hester James | $37,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/20/2020 11/20/20 | Sold | $565,000 | +1.8% | $572 / Sq Ft |
| 10/10/2020 10/10/20 | Pending | -- | -- | -- |
| 10/09/2020 10/09/20 | For Sale | $554,900 | -- | $562 / Sq Ft |
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 | $6,854 | $577,400 | -- | -- |
| 2024 | $6,854 | $570,000 | $425,400 | $144,600 |
| 2023 | $6,529 | $544,467 | $0 | $0 |
| 2022 | $5,963 | $518,933 | $0 | $0 |
| 2021 | $11,393 | $493,400 | $395,400 | $98,000 |
| 2020 | $3,373 | $461,367 | $0 | $0 |
| 2019 | $6,432 | $429,333 | $0 | $0 |
| 2018 | $4,029 | $397,300 | $300,600 | $96,700 |
| 2017 | $3,052 | $387,933 | $0 | $0 |
| 2016 | -- | $378,567 | $0 | $0 |
| 2015 | -- | $369,200 | $0 | $0 |
| 2014 | -- | $369,200 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Kristel Lowry
-
Brad Lanasa
Buyer's Agent in 2020
Brad Lanasa
Douglas Realty, LLC
(443) 691-6505
1 in this area
98 Total Sales
Map
Source: Bright MLS
MLS Number: MDAA449234
APN: 03-881-22794300
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