NOT LISTED FOR SALE

498 Riverside Dr Pasadena, MD 21122

Estimated Value: $225,000 - $377,000

1 Bed
-- Bath
480 Sq Ft
$617/Sq Ft Est. Value

Last Sold April 19, 2012

Last sale price $110,000 $229 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $1,582/month

129 Days on Market

Highlights

  • Boat Ramp
  • Water Views
  • Pier
  • 1 Boat Dock
  • Beach
  • Home fronts navigable water

About This Home

As of April 2012

Original rustic 1940's cottage just off the Magothy River. Tons of potential. 1/3 acre lot with beautiful water views. Approx 95 ' of private waterfront with existing deep water pier. Conditional 2010 Perc was sufficient up to 3500 sq ft. Quick access to Rt. 100, 97, BWI, Big Vanilla, Green Turtle, Shopping & Restaurants. Enjoy the waterfront while building your dream home.

Last Agent to Sell the Property

Wanda Higgs

(443) 336-6814 chesapeakeh2o@gmail.com Chesapeake Homes 2 Own License #504957 Listed on: 11/29/2011

Last Buyer's Agent

Wanda Higgs

(443) 336-6814 chesapeakeh2o@gmail.com Chesapeake Homes 2 Own License #504957 Listed on: 11/29/2011

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

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

HOA Fees

  • $5 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Bungalow
  • Fixer Upper
  • Wood Siding

Interior Spaces

  • 1 Main Level Bedroom
  • Property has 2 Levels
  • Wood Flooring
  • Water Views
  • Breakfast Area or Nook
  • Attic

Unfinished Basement

  • Walk-Out Basement
  • Exterior Basement Entry

Outdoor Features

  • Pier
  • Water Access
  • Physical Dock Slip Conveys
  • 1 Boat Dock
  • 2 Powered Boats Permitted
  • 2 Non-Powered Boats Permitted
  • Screened Patio

Schools

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

Utilities

  • Cooling System Utilizes Bottled Gas
  • Space Heater
  • Well
  • Applied For Permit
  • No Septic System

Listing and Financial Details

  • Tax Lot 189
  • Assessor Parcel Number 020388117070202

Community Details

Recreation

  • Boat Ramp
  • Beach
  • Community Playground

Additional Features

  • Picnic Area

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

HOA Fees

$5 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Attic, Breakfast Area, Wood Floors
  • Fireplace: No
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Outside Entrance, Unfinished, Walkout Level
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1

Exterior Features

  • Construction Materials: Wood Siding
  • Dock Type: Pier (Perpendicular)
  • View: Water
  • Water Access: Yes
  • Water Body Name: COCKEY CREEK
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Refuse: 275.00
  • Central Air Conditioning: No
  • Heating Fuel: Bottled Gas/Propane
  • Heating Type: Space Heater
  • Heating: Yes
  • Sewer/Septic System: Applied For Permit, No Septic System
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 65.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach, Boat Ramp, Picnic Area, Tot Lots/Playground
  • HOA: Yes

Schools

  • Elementary School: LAKE SHORE
  • High School: CHESAPEAKE
  • Middle Or Junior School: CHESAPEAKE BAY

Lot Info

  • Improvement Assessed Value: 39900.00
  • Land Assessed Value: 365800.00
  • Lot Size Acres: 0.38
  • Lot Size Area: 16440
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 16440.00
  • Outdoor Living Structures: Screened
  • Property Condition: Major Rehab Needed
  • Zoning: R2

Rental Info

  • Vacation Rental: No

Multi Family

  • Dock Slip Conveyance: Physical Dock/Slip Conveys

Tax Info

  • Assessor Parcel Number: 15257791
  • Tax Annual Amount: 4299.54
  • Assessor Parcel Number: 020388117070202
  • Tax Lot: 189
  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 19, 2017
Sold by
Vorsteg Charles Mathi
Bought by
Vorsteg Charles Matthias and Vorsteg Beth C
Current Estimated Value
$272,437

Purchase Details

Listed on
Nov 29, 2011
Closed on
Apr 19, 2012
Sold by
Kracke Carl H and Estate Of Fulton C Kracke
Bought by
Vorsteg Charles Mathias
Seller's Agent
Wanda Higgs
Chesapeake Homes 2 Own
Buyer's Agent
Wanda Higgs
Chesapeake Homes 2 Own
List Price
$199,900
Sold Price
$110,000
Premium/Discount to List
-$89,900
-44.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.49%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Vorsteg Charles Matthias -- None Available
Vorsteg Charles Mathias $110,000 United Title & Escrow Inc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/19/2012 04/19/12 Sold $110,000 -26.7% $229 / Sq Ft
04/06/2012 04/06/12 Pending -- -- --
03/29/2012 03/29/12 Price Changed $150,000 -25.0% $313 / Sq Ft
11/29/2011 11/29/11 For Sale $199,900 -- $416 / 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 $1,804 $150,067 -- --
2024 $1,804 $145,700 $100,000 $45,700
2023 $1,767 $143,200 $0 $0
2022 $1,670 $140,700 $0 $0
2021 $1,643 $138,200 $100,000 $38,200
2020 $1,572 $131,267 $0 $0
2019 $1,501 $124,333 $0 $0
2018 $1,190 $117,400 $79,500 $37,900
2017 $1,391 $117,400 $0 $0
2016 -- $117,400 $0 $0
2015 -- $123,500 $0 $0
2014 -- $123,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2012

    Wanda Higgs

    Chesapeake Homes 2 Own

    (443) 336-6814

    4 Total Sales

    Wanda Higgs
    Section Image
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Map

Source: Bright MLS

MLS Number: 1004646912

Bright MLS

APN: 03-881-17070202

Maryland Anne Arundel County Pasadena 21122

498 Riverside Dr, Pasadena, MD

Not Listed for Sale

Detached

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