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$710,000

Beds
3
Baths
1.0
sq ft
1,120

302 Riverside Dr, Pasadena, MD 21122

302 Riverside Dr

PASADENA, MD 21122

  • 37 days on market
    • Price drop $39,000↓
Discover a breathtaking waterfront retreat nestled in the highly desirable Upper Magothy Beach neighborhood. This three-bedroom gem offers stunning views and the tranquil setting you've always dreamed of, complete with a private pier on the serene Magothy River. As you approach this elegant home, you'll be captivated by the meticulously landscaped grounds, enhanced by an underground sprinkler system. Step inside to find interiors adorned with premium Brazilian Teak hardwood floors, custom blinds, and freshly painted walls that create a warm and inviting atmosphere. The living room is a true showpiece, featuring soaring ceilings and expansive windows that flood the space with natural light, offering panoramic views of the water. A distinctive compass rose inlay in the hardwood flooring leads to a brand-new Thompson Creek glass door, which opens to a covered deck—an ideal spot for relaxing while taking in the beautiful yard and waterfront scenery. The kitchen is a chef's dream, boasting granite countertops, modern appliances, and a cozy area for casual dining. The primary bedroom serves as a serene haven with breathtaking water views and direct access to a luxurious full bathroom, completely remodeled in 2020. This spa-like space includes a glass-enclosed walk-in tile shower and a dual-sink vanity. Two additional bedrooms provide ample space, with one conveniently housing stacked laundry. Designed for both entertaining and relaxation, the waterfront yard features a covered deck and steps leading down to your private pier. Imagine unwinding here, watching the sunset over the water. The pier, rebuilt in 2018, includes a storage shed, a lounge area, electric power, water access, and a ladder, with a depth of 7 feet—perfect for boating enthusiasts. The property has undergone extensive updates, ensuring modern comforts and peace of mind. These include a new septic system and tank rated for 5 bedrooms (2018). reverse osmosis water system (2021), and comprehensive replacements of decks, roof, siding, windows, gutters with Bulldog gutter guards, and much more between 2016-2017. Additional features include central air conditioning, a water softener, a spacious driveway accommodating eight vehicles, a second storage shed, and a charming custom Blue Heron lamppost in the street-side yard. This waterfront masterpiece is more than just a home—it's a sanctuary designed for those who cherish the finest in waterfront living and seek a picturesque, serene lifestyle

Details

Property type

Single Family Residence

Est. home value

$703,457

Lot size

0.26 acres

Price per sq ft

$634

Year built

1930

Annual property taxes

$5,781

HOA

No

Price History

11/20/2024
Bright

Bright #MDAA2098228

Listed
$710,000
+0.71%
09/29/2023
Bright

Bright #MDAA2068190

Sold
$705,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$26,322
Asking price
$710,000
Closing costs (~8% of asking)
-$56,800
Est. remaining loan balance
-$626,878
Cash to seller
$26,322

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

First Savings Mortgage Corp

Loan start date

September 2023

Original loan amount

$634,500

Est. remaining balance

$626,878

Interest rate

6.96%

Loan type

New Conventional, 30 year

Seller

Jason Allen and Stephanie Allen

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 12/21/2024 at 1:30 PM

Listing updated: 12/02/2024 at 12:04 PM

Listed by: Jason Allen, Redfin Corp Phone #: (301) 658-6186

MLS: Bright #MDAA2098228

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