NOT LISTED FOR SALE

8261 Bayside Dr Pasadena, MD 21122

Estimated Value: $1,051,498 - $1,284,000

4 Beds
3 Baths
2,596 Sq Ft
$444/Sq Ft Est. Value

Last Sold May 12, 2022

Last sale price $999,000 $385 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $6,636/month

22 Days on Market

Highlights

  • 70 Feet of Waterfront
  • Private Dock Site
  • Open Floorplan
  • Primary bedroom faces the bay
  • Fishing Allowed
  • Cape Cod Architecture

About This Home

As of May 2022

Get the BIG BAY VIEWS you've been looking for! You have 2595 SF of living space with panoramic views of the Chesapeake Bay from every level and two full kitchens for a potential separate living area (think rental /ext. family). This is the perfect waterside retreat for family gatherings, recreation and relaxation. After a day of boating, fishing or shopping, you'll enjoy coming home to this calming view. The home was one of the original waterfront cottages built in the 1920's (tax record says 1948 because that is when the first tax record was recorded on the property) and is conveniently situated 20 miles from Annapolis, 30 miles from Baltimore, and less than 50 miles from Washington, D.C., making it perfect as a primary residence, second home or as an investment property. The current owners lovingly renovated and structurally reinforced the home while preserving its history. Improvements include waterproofing, vinyl siding, new roof, dual zoned A/C, finished lower level with an additional kitchen. With all this, the home still maintains touches of the original woodwork and expansive views of the Chesapeake from every level. This home has been loved through the generations and has been restored to be loved for many to come.

Arriving at the property, this residence stands out with its grey, coastal exterior, punctuated by a bright red door with the picturesque Chesapeake Bay as its backdrop. The front door opens to the second floor of this three-level home. Here, you'll find the first of two kitchens in the home with stainless steel appliances, dining room, living room, bedroom and full bathroom. A large year-round sunroom off the waterfront side of the home is the ideal place to serve drinks before dinner while taking in the commanding bay views as cargo and cruise ships pass by.

Upstairs, there are two comfortable bedrooms and a full bathroom. Open glass doors from the primary bedroom onto your balcony overlooking the Bay. Here you can enjoy morning coffee or yoga facing the magnificent sunrise while connecting with nature and watching the bald eagles, ospreys and many other water fowl. Evening entertainment or relaxation on the balcony features amazing views of the full moon rising across the bay. In the fall, you'll marvel at the migration of thousands of rare Canvasback ducks, who cover the water in the bay.

The lower level is fully equipped with a beautiful second kitchen, sitting area and bedroom,-both with large windows to take in the view, a full bathroom and large closets, creating a perfect space for a guest suite or for rental income. Open doors from this level onto the patio to enjoy the waterfront view or step onto the 90-foot dock to lower your boat from the lift and take it out onto the bay. The property also has a 20-foot fishing pier strategically located over the rocks, where fish hang out.

Even in the worst storms, the home never had water in it, but as a precaution, the current owner has completely waterproofed it. The home's Lower Level floor was raised 30 inches and on the bay side, the yard was re-graded to a higher elevation and gravity fed (no sump pump) French drains were installed around the foundation. In addition, the dock was rebuilt and raised to accommodate higher water levels. The elevated dock has survived the worst storms, while neighboring docks have not. The home does not require flood insurance.

This property's view s are expansive and you can see as far as the Bay Bridge. Downs Park is adjacent to the community and can be seen to the right of the property. There is also a private entrance so you and your furry family can enjoy the trails and beaches.

Additional inclusions are a security system on the home and detached shed, a remotely accessible video surveillance system, gas stoves in both kitchens, fresh paint throughout, a military grade computer router to prevent digital intrusion and a home warranty.

Last Agent to Sell the Property

Donna Deter

(404) 840-1052 donna.deter@longandfoster.com Long & Foster Real Estate, Inc. License #659202 Listed on: 03/02/2022

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Sarah Rojas

(443) 538-8648 srr99@msn.com Cummings & Co. Realtors

Cummings & Co. Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,374

Year Built

  • Built in 1925

Lot Details

  • 10,000 Sq Ft Lot
  • 70 Feet of Waterfront
  • Home fronts navigable water
  • West Facing Home
  • Property is in very good condition
  • Property is zoned R5

Parking

  • On-Street Parking

Home Design

  • Cape Cod Architecture
  • Chalet
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Ceiling Fan
  • Family Room
  • Living Room
  • Dining Room
  • Storage Room
  • Laundry Room
  • Upgraded Countertops

Bedrooms and Bathrooms

  • Primary bedroom faces the bay
  • Walk-In Closet
  • In-Law or Guest Suite
  • Walk-in Shower

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Interior and Side Basement Entry
  • Laundry in Basement
  • Basement Windows

Home Security

  • Home Security System
  • Exterior Cameras

Outdoor Features

  • Canoe or Kayak Water Access
  • Private Water Access
  • Property near a bay
  • Personal Watercraft
  • Waterski or Wakeboard
  • Sail
  • Swimming Allowed
  • Private Dock Site
  • Powered Boats Permitted
  • Shed
  • Outbuilding

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Oil
  • Hot Water Baseboard Heater
  • Well
  • Electric Water Heater
  • On Site Septic

Additional Features

  • More Than Two Accessible Exits
  • Dwelling with Separate Living Area

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 020365309021500

Community Details

Overview

  • No Home Owners Association
  • Pinehurst Subdivision

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,374

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod, Dwelling W/Separate Living Area, Chalet
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: Yes
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2022-03-02
  • Federal Flood Zone: No
  • Year Built: 1925
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Ceiling Fan(s), Entry Level Bedroom, Floor Plan - Open, Primary Bedroom - Bay Front, Stall Shower, Upgraded Countertops, Walk-In Closet(s)
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Kitchen, Family Room, Bedroom 1, In-Law/AuPair/Suite, Laundry, Storage Room, Bathroom 1, Full Bath
  • Basement: Yes
  • Basement Type: Daylight, Full, Fully Finished, Heated, Improved, Interior Access, Outside Entrance, Side Entrance, Walkout Level, Windows
  • Laundry Type: Basement
  • Total Sq Ft: 2681
  • Living Area Sq Ft: 2596
  • Price Per Sq Ft: 591.82
  • Above Grade Finished Sq Ft: 1688
  • Below Grade Finished Sq Ft: 908
  • Below Grade Sq Ft: 85
  • Total Below Grade Sq Ft: 993
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • All Lower Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Vinyl Siding
  • Exterior Features: Outbuilding(s)
  • Spa: No
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Personal Watercraft (PWC), Private Access, Swimming Allowed, Waterski/Wakeboard, Sail
  • Water Access: Yes
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: No
  • Water Frontage In Feet: 70

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Zoned, Central A/C
  • Heating Fuel: Oil
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Security: Exterior Cameras, Security System
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Improvement Assessed Value: 134800.00
  • Land Assessed Value: 487500.00
  • Lot Size Acres: 0.23
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10000.00
  • Property Condition: Very Good
  • Zoning: R5
  • In City Limits: No

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15240974
  • Tax Annual Amount: 5374.00
  • Assessor Parcel Number: 020365309021500
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022

Multi Family

  • Waterfront Features: Private Dock Site

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2022
Closed on
May 11, 2022
Sold by
Patrick Gookin
Bought by
Acumen Capital Llc
Seller's Agent
Donna Deter
Long & Foster Real Estate, Inc.
Buyer's Agent
Sarah Rojas
Cummings & Co. Realtors
List Price
$1,150,000
Sold Price
$999,000
Premium/Discount to List
-$151,000
-13.13%
Current Estimated Value
$1,151,375

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,375
Avg. Annual Appreciation
3.97%

Purchase Details

Closed on
Oct 28, 2020
Sold by
Gookin Patrick and Gookin Rosie L
Bought by
Gookin Patrick and Gookin Rosie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,400
Interest Rate
3%
Mortgage Type
VA

Purchase Details

Closed on
Jul 25, 2011
Sold by
Eichelman E J
Bought by
Gookin Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,125
Interest Rate
4.88%
Mortgage Type
VA

Purchase Details

Closed on
Jan 31, 2011
Sold by
Eichelman E J
Bought by
Gookin Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,125
Interest Rate
4.88%
Mortgage Type
VA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Acumen Capital Llc $999,000 Wfg National Title
Gookin Patrick -- None Available
Gookin Patrick $537,500 --
Gookin Patrick $537,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gookin Patrick $510,400
Previous Owner Gookin Patrick $528,125
Previous Owner Gookin Patrick $528,125
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/12/2022 05/12/22 Sold $999,000 0.0% $385 / Sq Ft
03/25/2022 03/25/22 Pending -- -- --
03/23/2022 03/23/22 Price Changed $999,000 -13.1% $385 / Sq Ft
03/02/2022 03/02/22 For Sale $1,150,000 -- $443 / 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 $7,377 $694,600 -- --
2024 $7,377 $622,300 $487,500 $134,800
2023 $6,817 $575,400 $0 $0
2022 $6,013 $528,500 $0 $0
2020 $447 $481,267 $0 $0
2019 $892 $480,933 $0 $0
2018 $4,873 $480,600 $381,200 $99,400
2017 $5,379 $480,600 $0 $0
2016 -- $480,600 $0 $0
2015 -- $526,800 $0 $0
2014 -- $526,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA2025390

Bright MLS

APN: 03-653-09021500