tomo logo

$710,000

Beds
2
Baths
2.5
sq ft
1,888

647 Riverside Dr, Pasadena, MD 21122

647 Riverside Dr

PASADENA, MD 21122

  • 140 days on market
    • Price drop $39,000↓
Experience waterfront bliss at its absolute finest! Step into this exquisitely updated home featuring over 100 feet of prime waterfront. This charming abode promises to capture your heart with its two bedrooms, two and a half bathrooms, and a detached two-car garage. The main level owner's suite offers both convenience and luxury, boasting a bathroom equipped with dual shower heads, an indulgent soaking tub, and a double vanity. Immerse yourself in tranquility as you soak in the breathtaking views and soothing sounds of the waterfront. As an incredible bonus, this property includes a double lot spanning 6 lots in total! Imagine the possibilities—the county suggests that the three unused lots could potentially be combined and sold separately as an expansive parcel, or retained for added seclusion. This gem of a home is a rare find so don't miss your chance to own this slice of waterfront paradise! Schedule a showing today!!!

Details

Property type

Single Family Residence

Est. home value

$740,300

Lot size

0.69 acres

Price per sq ft

$377

Year built

1941

Annual property taxes

$7,847

HOA

No

Price History

09/18/2024
Bright

Bright #MDAA2087570

Price change
$710,000
-5.21%
09/10/2024
Bright

Bright #MDAA2087570

Removed
$749,000
08/02/2024
Bright

Bright #MDAA2087570

Price change
$749,000
-3.35%

Schools & Community

Elementary school: 

LAKE SHORE ELEMENTARY AT CHESAPEAKE BAY

Middle school: 

CHESAPEAKE BAY

High school: 

CHESAPEAKE

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

$262,314
Asking price
$710,000
Closing costs (~8% of asking)
-$56,800
Est. remaining loan balance
-$390,886
Cash to seller
$262,314

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

Seller’s Loan History

Lender

Caliber Home Loans Inc

Loan start date

September 2020

Original loan amount

$430,000

Est. remaining balance

$390,886

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

W Derrick Lea and Davenia Lea

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: 11/08/2024 at 10:30 AM

Listing updated: 09/19/2024 at 9:46 PM

Listed by: Nadine Vassell, Taylor Properties Phone #: (301) 970-2447

MLS: Bright #MDAA2087570

Bright logo

Recently listed in PASADENA

$315,000|3 bd|1.5 ba|Townhouse
$410,000|3 bd|2.0 ba|House
$524,000|4 bd|2.0 ba|House
$574,900|4 bd|2.5 ba|House
$374,900|3 bd|4.0 ba|House
$365,000|3 bd|2.0 ba|Townhouse
$349,900|3 bd|1.0 ba|House
$329,900|3 bd|2.5 ba|Townhouse