NOT LISTED FOR SALE

508 Magnolia Rd Joppa, MD 21085

Estimated Value: $219,000 - $248,000

2 Beds
1 Bath
910 Sq Ft
$251/Sq Ft Est. Value

Last Sold July 22, 2024

Last sale price $185,000 $203 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,331/month

5 Days on Market

Highlights

  • 0.5 Acre Lot
  • Wood Flooring
  • Paneling
  • Rambler Architecture
  • No HOA
  • No Interior Steps

About This Home

As of July 2024

Phenomenal opportunity to own a detached property on a half acre lot with no HOA for less than the price of a townhouse! Perfect home for a first-time buyer, someone looking for truly one level living, or an investor looking to make instant cash flow! Priced to reflect the need for updates. Sold as-is with recently completed inspections available upon request.

Last Agent to Sell the Property

Zachary Zander

(443) 616-4663 zander.realty@gmail.com Cummings & Co. Realtors License #602770 Listed on: 05/22/2024

Cummings & Co. Realtors

Last Buyer's Agent

Danielle Dixon

(443) 945-3206 danielle.dixon@c21nm.com CENTURY 21 New Millennium License #5003209

CENTURY 21 New Millennium

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,481

Year Built

  • Built in 1958

Lot Details

  • 0.5 Acre Lot
  • Property is zoned R1

Home Design

  • Rambler Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 910 Sq Ft Home
  • Property has 1 Level
  • Paneling
  • Alarm System

Kitchen

  • Built-In Oven
  • Cooktop
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Parking

  • 5 Parking Spaces
  • 4 Driveway Spaces
  • 1 Attached Carport Space

Accessible Home Design

  • Grab Bars
  • No Interior Steps
  • Entry Slope Less Than 1 Foot

Utilities

  • Radiator
  • Heating System Uses Oil
  • Hot Water Baseboard Heater
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Joppatowne Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1301027697

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,481

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Accessibility Features: Level Entry - Main, Entry Slope <1', No Stairs, Grab Bars Mod
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1958
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Water Heater, Washer/Dryer Hookups Only, Oven - Wall
  • Flooring Type: Wood, Carpet, Ceramic Tile, Vinyl, Laminate Plank
  • Fireplace: No
  • Wall Ceiling Types: Paneled Walls
  • Foundation Details: Slab
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 910
  • Living Area Sq Ft: 910
  • Price Per Sq Ft: 186.81
  • Above Grade Finished Sq Ft: 910
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding, Brick
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Attached Carport Spaces: 1
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Driveway, Attached Carport
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Heating Fuel: Oil
  • Heating Type: Baseboard - Hot Water, Radiator
  • Heating: Yes
  • Hot Water: Electric
  • Security: Electric Alarm
  • Sewer/Septic System: Private Septic Tank, Septic Exists
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.50
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 21780.00
  • Zoning: R1
  • In City Limits: No

Rental Info

  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 1481.00
  • Assessor Parcel Number: 1301027697
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

MLS Schools

  • School District Name: HARFORD COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2024
Closed on
Jul 18, 2024
Sold by
Williams Leonard O
Bought by
Mazariegos Marily and Rodas Rubio Mainor
Seller's Agent
Zachary Zander
Cummings & Co. Realtors
Buyer's Agent
Danielle Dixon
CENTURY 21 New Millennium
List Price
$170,000
Sold Price
$185,000
Premium/Discount to List
$15,000
8.82%
Views
83
Current Estimated Value
$228,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,775
Avg. Annual Appreciation
16.64%
Original Mortgage
$162,250
Outstanding Balance
$160,297
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$68,478

Purchase Details

Closed on
Oct 3, 1986
Sold by
Daniels Florrie J
Bought by
Williams Leonard O and Williams Celestine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,400
Interest Rate
10.08%
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
Mazariegos Marily $185,000 First American Title
Williams Leonard O $58,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mazariegos Marily $162,250
Previous Owner Williams Leonard O $46,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/22/2024 07/22/24 Sold $185,000 +8.8% $203 / Sq Ft
05/27/2024 05/27/24 Pending -- -- --
05/22/2024 05/22/24 For Sale $170,000 -- $187 / 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 $1,567 $151,567 $0 $0
2024 $1,567 $143,733 $0 $0
2023 $1,481 $135,900 $68,700 $67,200
2022 $1,449 $132,967 $0 $0
2021 $1,467 $130,033 $0 $0
2020 $1,467 $127,100 $68,700 $58,400
2019 $1,467 $127,100 $68,700 $58,400
2018 $1,453 $127,100 $68,700 $58,400
2017 $1,484 $129,800 $0 $0
2016 -- $129,800 $0 $0
2015 $1,586 $129,800 $0 $0
2014 $1,586 $131,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDHR2031882

Bright MLS

APN: 01-027697