NOT LISTED FOR SALE

515 Oak Rd Pasadena, MD 21122

Estimated Value: $502,000 - $572,000

4 Beds
3 Baths
2,074 Sq Ft
$260/Sq Ft Est. Value

Last Sold April 11, 2024

Last sale price $553,725 $267 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $3,316/month

15 Days on Market

Highlights

  • Open Floorplan
  • Attic
  • No HOA
  • Deck
  • Combination Kitchen and Living
  • Upgraded Countertops

About This Home

As of April 2024

THE LIST PRICE REPRESENTS THE OPENING OFFER AMOUNT.
Welcome home to Magothy Forge community! Move right in with this completely renovated split
foyer. Designer updates throughout this 4-bedroom home with 3 full bathrooms. You'll
immediately appreciate the bright open floor design, fresh designer new paint and waterproof
flooring on the main floor. Open concept main living level with bright, sun filled rooms. A chef
inspired kitchen offers stainless appliances, high end back splash, quartz counters, and a large
center island with seating. The primary bedroom suite is sure to please with its large size, dual
closets, private bathroom with tiled shower. Two additional bedrooms and tiled bathroom on
same floor. The lower level offers more living space with a bonus family room, large bedroom,
newly completed full bathroom with plenty of storage throughout the home. Private rear yard
with a newly built large deck. This home is fully renovated with a new architectural shingle roof,
updated electric and plumbing. Ample parking with a large driveway extended into the rear yard.
Close to shopping, dining & entertainment with easy commuter access. Schedule your tour to
view this home today. This home is in the Chesapeake school district.
Offers will be accepted through Monday, March 11, 2024 at 1:00 pm.

AT SELLER'S DISCRETION, AN OFFER MAY BE ACCEPTED AT ANY TIME.

Last Agent to Sell the Property

Zach Silverman

Baltimore Realty, LLC License #5011914 Listed on: 02/24/2024

Last Buyer's Agent

Kristian Kan

Cummings & Co. Realtors License #649417

Cummings & Co. Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,994

Year Built

  • Built in 1979

Lot Details

  • 0.32 Acre Lot
  • Back Yard Fenced
  • Property is in excellent condition
  • Property is zoned R2

Home Design

  • Split Foyer
  • Permanent Foundation
  • Frame Construction
  • Shingle Roof
  • Architectural Shingle Roof

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Wood Burning Fireplace
  • Brick Fireplace
  • Combination Kitchen and Living
  • Attic

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Connecting Stairway
  • Interior and Rear Basement Entry
  • Sump Pump
  • Basement Windows

Parking

  • Private Parking
  • Driveway

Outdoor Features

  • Deck
  • Rain Gutters

Schools

  • Pasadena Elementary School
  • Chesapeake Bay Middle School
  • Chesapeake High School

Utilities

  • Central Air
  • Heat Pump System
  • 200+ Amp Service
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Magothy Forge Subdivision

Listing and Financial Details

  • Tax Lot 99
  • Assessor Parcel Number 020352190020497

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,994

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Foyer
  • Ownership: Fee Simple
  • Exclusions: All staging will be removed prior to sale and does not convey.
  • New Construction: No
  • Story List: Lower 1, Main
  • Expected On Market: 2024-02-24
  • Year Built: 1979
  • Automatically Close On Close Date: No
  • Remarks Public: THE LIST PRICE REPRESENTS THE OPENING OFFER AMOUNT. Welcome home to Magothy Forge community! Move right in with this completely renovated split foyer. Designer updates throughout this 4-bedroom home with 3 full bathrooms. You'll immediately appreciate the bright open floor design, fresh designer new paint and waterproof flooring on the main floor. Open concept main living level with bright, sun filled rooms. A chef inspired kitchen offers stainless appliances, high end back splash, quartz counters, and a large center island with seating. The primary bedroom suite is sure to please with its large size, dual closets, private bathroom with tiled shower. Two additional bedrooms and tiled bathroom on same floor. The lower level offers more living space with a bonus family room, large bedroom, newly completed full bathroom with plenty of storage throughout the home. Private rear yard with a newly built large deck. This home is fully renovated with a new architectural shingle roof, updated electric and plumbing. Ample parking with a large driveway extended into the rear yard. Close to shopping, dining & entertainment with easy commuter access. Schedule your tour to view this home today. This home is in the Chesapeake school district. Offers will be accepted through Monday, March 11, 2024 at 1:00 pm. AT SELLER'S DISCRETION, AN OFFER MAY BE ACCEPTED AT ANY TIME.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Water Heater
  • Flooring Type: Ceramic Tile
  • Interior Amenities: Attic, Carpet, Ceiling Fan(s), Combination Kitchen/Living, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Island, Recessed Lighting, Skylight(s), Upgraded Countertops
  • Fireplace Features: Brick, Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Permanent
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Connecting Stairway, Fully Finished, Heated, Interior Access, Rear Entrance, Sump Pump, Walkout Level, Windows
  • Total Sq Ft: 2074
  • Living Area Sq Ft: 2074
  • Price Per Sq Ft: 385.27
  • Above Grade Finished Sq Ft: 1168
  • Below Grade Finished Sq Ft: 906
  • Total Below Grade Sq Ft: 906
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 515

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 3
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Exterior Features: Gutter System, Street Lights
  • Roof: Shingle, Architectural Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Asphalt Driveway, Private
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Private Septic Tank
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
  • Elementary School: PASADENA
  • Middle School: CHESAPEAKE BAY
  • High School: CHESAPEAKE
  • Elementary School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121140671932
  • School District Source: Listing Agent
  • Elementary School: PASADENA
  • High School: CHESAPEAKE
  • Middle Or Junior School: CHESAPEAKE BAY

Lot Info

  • Fencing: Fully, Rear
  • Land Use Code: R
  • Lot Size Acres: 0.32
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13895.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Excellent
  • Year Assessed: 2023
  • Zoning: R2
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3994.00
  • Assessor Parcel Number: 020352190020497
  • Tax Lot: 99
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 04/11/2024

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2024
Closed on
Apr 10, 2024
Sold by
Lucke Doreen
Bought by
Stefan Michael and Slater Lauren
Seller's Agent
Zach Silverman
Baltimore Realty, LLC
Buyer's Agent
Kristian Kan
Cummings & Co. Realtors
List Price
$450,000
Sold Price
$553,725
Premium/Discount to List
$103,725
23.05%
Views
591
Current Estimated Value
$540,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,625
Avg. Annual Appreciation
-2.43%
Original Mortgage
$526,038
Outstanding Balance
$518,746
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$16,484

Purchase Details

Listed on
Oct 22, 2023
Closed on
Oct 26, 2023
Sold by
Fries Gregory Leonard
Bought by
Lucke Doreen
Seller's Agent
Jim Bim
Winning Edge
Buyer's Agent
DAVID LUCKE
Turnock Real Est. Services, Inc.
Sold Price
$325,000
Views
70

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
218.47%

Purchase Details

Closed on
Nov 10, 1993
Sold by
Manning G M
Bought by
Mick Shelley M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,900
Interest Rate
6.79%
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
Stefan Michael $553,725 Rextar Title
Lucke Doreen $325,000 Sage Title
Mick Shelley M $139,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stefan Michael $526,038
Previous Owner Mick Shelley Marie $44,190
Previous Owner Mick Shelley M $132,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2024 04/11/24 Sold $553,725 +23.1% $267 / Sq Ft
02/24/2024 02/24/24 For Sale $450,000 +38.5% $217 / Sq Ft
10/26/2023 10/26/23 Sold $325,000 -- $187 / Sq Ft
10/22/2023 10/22/23 Pending -- -- --
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 $4,478 $407,667 -- --
2024 $4,478 $354,000 $207,200 $146,800
2023 $3,163 $351,800 $0 $0
2022 $2,971 $349,600 $0 $0
2021 $5,856 $347,400 $207,200 $140,200
2020 $2,816 $322,800 $0 $0
2019 $2,756 $298,200 $0 $0
2018 $2,774 $273,600 $157,300 $116,300
2017 $2,589 $271,233 $0 $0
2016 -- $268,867 $0 $0
2015 -- $266,500 $0 $0
2014 -- $266,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA2078216

Bright MLS

APN: 03-521-90020497