NOT LISTED FOR SALE

505 Edgewater Rd Pasadena, MD 21122

Estimated Value: $597,000 - $690,385

3 Beds
1.5 Baths
1,740 Sq Ft
$363/Sq Ft Est. Value

Last Sold October 02, 2020

Last sale price $440,000 $253 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $3,801/month

6 Days on Market

Highlights

  • 1 Dock Slip
  • Boat or Launch Ramp
  • Sandy Beach
  • Pier
  • Home fronts navigable water
  • Fishing Allowed

About This Home

As of October 2020

JUST LISTED: WATERFRONT in Pasadena! Endless opportunity, very private, dead-end street. Three bedroom, one and one half bathroom split foyer on over a half acre. Full basement with waterproofing system installed, wide open with walkout to large yard. Pier has water and electric, and is ready for you to bring your boat home! Slip previously held 40' Robbins fishing charter boat. Excellent community amenities- Playground, private beach with pier, pavilion, picnic tables, and volleyball area. Call today to schedule a showing! https://www.youtube.com/watch?v=coTn_DIX15E

Last Agent to Sell the Property

Allen Stanton

(443) 618-3572 allen@allenstanton.com RE/MAX Executive Listed on: 08/28/2020

Last Buyer's Agent

Amber Parsley

(443) 562-3714 amberparsley@kw.com Keller Williams Flagship

Keller Williams Flagship

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,151

Year Built

  • Built in 1968

Lot Details

  • 0.63 Acre Lot
  • Home fronts navigable water
  • Sandy Beach
  • Public Beach
  • Property is zoned R2

Home Design

  • Split Foyer
  • Poured Concrete
  • Asphalt Roof
  • Asbestos

Interior Spaces

  • Property has 2 Levels
  • Built-In Features
  • Bar
  • Paneling
  • Wood Burning Fireplace
  • Combination Dining and Living Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Bathroom

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Side Exterior Basement Entry
  • Sump Pump
  • Drain
  • Basement Windows

Parking

  • Driveway
  • On-Street Parking

Outdoor Features

  • Pier
  • Canoe or Kayak Water Access
  • Private Water Access
  • River Nearby
  • Sun Deck
  • Personal Watercraft
  • Waterski or Wakeboard
  • Sail
  • Swimming Allowed
  • Boat or Launch Ramp
  • 1 Dock Slip
  • Physical Dock Slip Conveys
  • Shared Waterfront
  • Waterfront Park
  • Powered Boats Permitted
  • Shed

Schools

  • Bodkin Elementary School
  • Chesapeake Bay Middle School
  • Chesapeake High School

Utilities

  • Window Unit Cooling System
  • Electric Baseboard Heater
  • Well
  • Electric Water Heater
  • Septic Tank
  • Community Sewer or Septic

Listing and Financial Details

  • Tax Lot 57
  • Assessor Parcel Number 020359024367850

Community Details

Overview

  • No Home Owners Association
  • North Shore Subdivision

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,151

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Foyer
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main
  • Expected On Market: 2020-08-28
  • Year Built: 1968
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Bar, Built-Ins, Combination Dining/Living, Primary Bath(s), Wood Floors
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall, Paneled Walls
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full, Daylight, Full, Drain, Fully Finished, Partially Finished, Outside Entrance, Connecting Stairway, Poured Concrete, Side Entrance, Sump Pump, Walkout Level, Windows
  • Total Sq Ft: 1740
  • Living Area Sq Ft: 1740
  • Price Per Sq Ft: 399.04
  • Above Grade Finished Sq Ft: 1040
  • Below Grade Finished Sq Ft: 700
  • Total Below Grade Sq Ft: 700
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed, Shed Shop
  • Construction Materials: Asbestos
  • Roof: Asphalt
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Personal Watercraft (PWC), Private Access, Public Beach, Public Access, Swimming Allowed, Sail, Waterski/Wakeboard
  • Water Access: Yes
  • Water Body Name: Magothy River
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: No

Garage/Parking

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

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Community Septic Tank, Private Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • 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: BODKIN
  • High School: CHESAPEAKE
  • Middle Or Junior School: CHESAPEAKE BAY

Lot Info

  • Lot Size Acres: 0.63
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 27630.00
  • Zoning: R2
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5151.00
  • Assessor Parcel Number: 020359024367850
  • Tax Lot: 57
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

Multi Family

  • Waterfront Features: Private Dock Site, Boat/Launch Ramp, Park, Sandy Beach, Shared

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2020
Closed on
Oct 2, 2020
Sold by
Meadows Sandra and Meadows Ronald F
Bought by
Brady Joseph A and Parsley Amber M
Seller's Agent
Allen Stanton
RE/MAX Executive
Buyer's Agent
Amber Parsley
Keller Williams Flagship
List Price
$415,000
Sold Price
$440,000
Premium/Discount to List
$25,000
6.02%
Current Estimated Value
$631,846

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,846
Avg. Annual Appreciation
7.15%
Original Mortgage
$440,000
Outstanding Balance
$390,643
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$241,203

Purchase Details

Closed on
May 8, 1985
Bought by
Meadows Ronald F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,650
Interest Rate
13.07%
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
Brady Joseph A $440,000 Terrain Title & Escrow Co
Meadows Ronald F $87,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brady Joseph A $440,000
Previous Owner Meadows Ronald F $82,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/02/2020 10/02/20 Sold $440,000 +6.0% $253 / Sq Ft
09/04/2020 09/04/20 Pending -- -- --
08/28/2020 08/28/20 For Sale $415,000 -- $239 / 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 $5,893 $530,533 -- --
2024 $5,893 $486,800 $323,600 $163,200
2023 $5,237 $479,533 $0 $0
2022 $5,425 $472,267 $0 $0
2021 $0 $465,000 $323,600 $141,400
2020 $3,308 $464,267 $0 $0
2019 $3,264 $463,533 $0 $0
2018 $4,693 $462,800 $323,600 $139,200
2017 $3,034 $442,433 $0 $0
2016 -- $422,067 $0 $0
2015 -- $401,700 $0 $0
2014 -- $401,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Allen Stanton

    Seller's Agent in 2020

    Allen Stanton

    RE/MAX

    (443) 618-3572

    26 in this area

    298 Total Sales

    Allen Stanton
    Section Image
  • Amber Parsley

    Buyer's Agent in 2020

    Amber Parsley

    Keller Williams Flagship

    (443) 562-3714

    2 in this area

    59 Total Sales

    Amber Parsley
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDAA444162

Bright MLS

APN: 03-590-24367850

Maryland Anne Arundel County Pasadena 21122

505 Edgewater Rd, Pasadena, MD

Not Listed for Sale

Detached

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