Seller's Agent in 2021
Jennifer Thomas
RE/MAX
(410) 598-8343
2 in this area
84 Total Sales
7817 Cedrela Dr Pasadena, MD 21122
Jacobsville-Bayside Beach NeighborhoodEstimated Value: $718,000 - $815,000
5
Beds
3
Baths
3,198
Sq Ft
$240/Sq Ft
Est. Value
Highlights
- 100 Feet of Waterfront
- Concrete Pool
- Contemporary Architecture
- Access to Tidal Water
- 1.01 Acre Lot
- 1 Fireplace
About This Home
As of November 2021First time offered, rarely available, waterfront in sought after Water Oak Forest. The next door neighbor's house sold for 820k, less 2 months ago! Instant equity! Beautifully wooded 1 acre lot offers an abundance of privacy on a cul-de-sac in a coveted and established community. The community is surrounded by waterfront, marinas, and golf courses. The home offers 5 bedrooms and is much bigger then it looks from the front. New roof in 2020 and HVAC is only 2 years young. Bring your vision for the kitchen. Great bones with open concept family room/kitchen and soaring cathedral ceilings in Living room. House needs updating but truly an opportunity to pick your finishes. Partially finished basement provides even more square footage with possibility for a 6th bedroom. The backyard oasis does not disappoint. The in ground swimming pool is perfect for entertaining. Must see to appreciate, at under market value this one won't last long.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,640
Year Built
- Built in 1988
Lot Details
- 1.01 Acre Lot
- 100 Feet of Waterfront
- Creek or Stream
- Property is zoned R1
HOA Fees
- $6 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- 5 Driveway Spaces
- Parking Storage or Cabinetry
- Garage Door Opener
Home Design
- Contemporary Architecture
- Block Foundation
Interior Spaces
- Property has 2 Levels
- 1 Fireplace
- Family Room
- Living Room
- Dining Room
- Bonus Room
- Home Gym
- Partially Finished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- En-Suite Primary Bedroom
Pool
- Concrete Pool
- In Ground Pool
- Fence Around Pool
Outdoor Features
- Access to Tidal Water
- Water Access
- Shed
Utilities
- Heat Pump System
- Well
- Electric Water Heater
- Municipal Trash
- Septic Tank
Community Details
- Water Oak Forest Subdivision
Listing and Financial Details
- Tax Lot 6
- Assessor Parcel Number 020389390042009
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 17, 2021
Closed on
Nov 4, 2021
Sold by
Volker Virginia M
Bought by
Hobbs Derek David and Hobbs Jill Christine
Seller's Agent
Jennifer Thomas
RE/MAX Executive
Buyer's Agent
Jeff Sullivan
Monument Sotheby's International Realty
List Price
$699,999
Sold Price
$625,000
Premium/Discount to List
-$74,999
-10.71%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,324
Avg. Annual Appreciation
5.48%
Original Mortgage
$593,750
Outstanding Balance
$545,359
Interest Rate
3.01%
Mortgage Type
New Conventional
Estimated Equity
$221,797
Purchase Details
Closed on
Apr 4, 2003
Sold by
Barrett Robert J
Bought by
Barrett
Purchase Details
Closed on
Sep 1, 1988
Sold by
Water Oak Forest Corp
Bought by
Barrett Robert J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,700
Interest Rate
10.67%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hobbs Derek David | $625,000 | Endeavor Title Llc | |
| Barrett | -- | -- | |
| Barrett Robert J | $260,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hobbs Derek David | $593,750 | |
| Previous Owner | Barrett Robert J | $168,700 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/04/2021 11/04/21 | Sold | $625,000 | -5.2% | $195 / Sq Ft |
| 10/05/2021 10/05/21 | Pending | -- | -- | -- |
| 09/28/2021 09/28/21 | Price Changed | $659,000 | -5.9% | $206 / Sq Ft |
| 09/17/2021 09/17/21 | For Sale | $699,999 | -- | $219 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $6,481 | $567,100 | -- | -- |
| 2024 | $6,481 | $540,500 | $212,000 | $328,500 |
| 2023 | $6,234 | $521,967 | $0 | $0 |
| 2022 | $5,751 | $503,433 | $0 | $0 |
| 2021 | $5,557 | $484,900 | $192,000 | $292,900 |
| 2020 | $5,282 | $462,233 | $0 | $0 |
| 2019 | $0 | $439,567 | $0 | $0 |
| 2018 | $4,227 | $416,900 | $174,000 | $242,900 |
| 2017 | $3,762 | $407,933 | $0 | $0 |
| 2016 | -- | $398,967 | $0 | $0 |
| 2015 | -- | $390,000 | $0 | $0 |
| 2014 | -- | $390,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jennifer Thomas
-
Jeff Sullivan
J
Buyer's Agent in 2021
Jeff Sullivan
Monument Sotheby's International Realty
(410) 241-9994
1 in this area
18 Total Sales
Map
Source: Bright MLS
MLS Number: MDAA2007356
APN: 03-893-90042009
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