NOT LISTED FOR SALE

424 Riverside Dr Pasadena, MD 21122

Estimated Value: $628,000 - $769,000

3 Beds
2 Baths
1,748 Sq Ft
$407/Sq Ft Est. Value

Last Sold August 07, 2020

Last sale price $430,000 $246 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $4,068/month

Highlights

  • Boat Ramp
  • Water Views
  • Home fronts navigable water
  • 2 Dock Slips
  • Beach
  • Canoe or Kayak Water Access

About This Home

As of August 2020

Enjoy waterfront living at its finest at this stunning waterfront property on the Magothy River! Remodel the existing home or build the home of your dreams and enjoy boating, swimming eating crabs, sunning, relaxing and entertaining on the spacious lot! The private pier offers three slips, one with a 10,000 lb boat lift and one with a jet ski lift! Water depth is 8 feet at the end of the pier! The waterfront offers extensive hardscape to enjoy the views at your leisure. Magothy beach is a special tax district and the community amenities include a boat ramp, community beach and playground. Welcome home!

Last Agent to Sell the Property

Rachel Gontkovic

(410) 271-6246 rachel@rachelshomes.com EXP Realty, LLC Listed on: 07/22/2020

EXP Realty, LLC

Last Buyer's Agent

Sven Skarie

(314) 803-2406 sven@lnf.com Real Broker, LLC - Annapolis License #644275

Real Broker, LLC - Annapolis

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,467

Year Built

  • Built in 1927

Lot Details

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

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,748 Sq Ft Home
  • Property has 2.5 Levels
  • Open Floorplan
  • 1 Fireplace
  • Dining Area
  • Carpet
  • Water Views
  • Basement

Kitchen

  • Eat-In Kitchen
  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • En-Suite Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • 1 Attached Carport Space
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Canoe or Kayak Water Access
  • Private Water Access
  • River Nearby
  • Dock has a Storage Area
  • Electric Hoist or Boat Lift
  • 2 Dock Slips
  • Physical Dock Slip Conveys
  • Powered Boats Permitted
  • Deck
  • Patio

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Well
  • Electric Water Heater
  • Septic Tank
  • Community Sewer or Septic

Listing and Financial Details

  • Tax Lot 66
  • Assessor Parcel Number 020388126695850

Community Details

Overview

  • No Home Owners Association
  • Upper Magothy Beach Subdivision

Recreation

  • Boat Ramp
  • Beach
  • Community Playground
  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,467

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2020-07-24
  • Year Built: 1927
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Dishwasher, Refrigerator, Stove, Washer
  • Interior Amenities: Carpet, Dining Area, Entry Level Bedroom, Floor Plan - Open, Kitchen - Eat-In, Primary Bath(s)
  • Fireplaces Count: 1
  • Levels Count: 2.5
  • Basement: Yes
  • Total Sq Ft: 1748
  • Living Area Sq Ft: 1748
  • Price Per Sq Ft: 257.38
  • Above Grade Finished Sq Ft: 1748
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • View: Water
  • Water Access Features: Canoe/Kayak, Boat - Powered, Fishing Allowed, Private Access
  • Water Access: Yes
  • Water Body Name: Magothy River
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes

Garage/Parking

  • Carport Spaces: 1
  • Garage: No
  • Parking Features: Paved Driveway
  • Attached Carport Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Driveway, Attached Carport, Off Street

Utilities

  • Refuse: 298.00
  • 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, Community Septic Tank, Private Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach, Boat Ramp, Tot Lots/Playground
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • 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

  • Improvement Assessed Value: 155100.00
  • Land Assessed Value: 405400.00
  • Lot Size Acres: 0.29
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12632.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Zoning: R2
  • In City Limits: No

Rental Info

  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 15257891
  • Tax Annual Amount: 5467.00
  • Assessor Parcel Number: 020388126695850
  • Tax Lot: 66
  • County Tax Payment Frequency: Annually
  • Tax Year: 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
Jul 22, 2020
Closed on
Aug 7, 2020
Sold by
Devanny Patricia and Estate Of Nancy L Brown
Bought by
Pacheco Francisco and Pacheco Luisa
Seller's Agent
Rachel Gontkovic
EXP Realty, LLC
Buyer's Agent
Sven Skarie
Real Broker, LLC - Annapolis
List Price
$449,900
Sold Price
$430,000
Premium/Discount to List
-$19,900
-4.42%
Current Estimated Value
$675,331

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$245,331
Avg. Annual Appreciation
10.10%

Purchase Details

Closed on
Sep 18, 1984
Bought by
Brown Andrew D and Brown Nancy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
14.43%
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
Pacheco Francisco $430,000 Sage Title Group Llc
Brown Andrew D $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brown Andrew D $30,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/07/2020 08/07/20 Sold $430,000 -4.4% $246 / Sq Ft
07/24/2020 07/24/20 Pending -- -- --
07/22/2020 07/22/20 For Sale $449,900 -- $257 / 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 $6,197 $542,333 -- --
2024 $6,197 $510,000 $386,400 $123,600
2023 $6,153 $510,000 $386,400 $123,600
2022 $6,382 $559,000 $435,400 $123,600
2021 $6,397 $560,500 $405,400 $155,100
2020 $4,053 $527,133 $0 $0
2019 $7,893 $493,767 $0 $0
2018 $4,668 $460,400 $307,600 $152,800
2017 $3,671 $450,900 $0 $0
2016 -- $441,400 $0 $0
2015 -- $431,900 $0 $0
2014 -- $431,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA440828

Bright MLS

APN: 03-881-26695850