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443 Magnolia Drive

443 Magnolia Drive, Edgewater, MD 21037
Sold Aug 13, 2021
$470,000
$470,000 by Mortgage Research Center Llc
Mortgage Due Jul 01, 2051
Sold Nov 03, 2005
$424,900
$339,920 by Homespring Financial Llc
Mortgage Due Nov 01, 2035
443 Magnolia Drive has been categorized by the local assessors in Edgewater, MD as a residential type of property. The building on the property was first built in 1998 and is 26 years old. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 443 Magnolia Drive has 1,784 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 7,500 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a mixed used garage for those who require parking. The garage measured 264 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying a open porch. From what we've gathered, the quality of these control joints have been graded with a letter grade of C+ by the local assessor. The roof of the building is made of composition shingle. The exterior walls of the building are made of unknown. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heat pump. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 443 Magnolia Drive sold most recently in Jun 30, 2021 for a total of $470,000. If you work out the math, that's approximately a cost of $263.45 per sqft. Before that, the property was also sold for $424,900 in Oct 28, 2005. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $4,296 in taxes each year. 443 Magnolia Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $393,400. If we break it down further, the land itself was valued at $200,500. Improvements to the property, however, were assessed at a total of $192,900. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Vinyl Siding

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: C+
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Mixed use
  • Garage Square Area: 264
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 7,500
  • Total Building Area: 1,784
  • Gross Building Area: 1,784
  • Building Area: 1,784
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,784
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: LOCH HAVEN BEACH
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LT 21 BK S SC 2 443 MAGNOLIA DR LOCH HAVEN BEACH

Ownership

  • Current Owner : RECCA STRONG HOLLY
  • Current Owner 2: STRONG CHRISTOPHER MICHAEL
  • Previous Owner : ALVAREZ TONY
  • Owner Before Previous Owner: HELMS DEBORAH J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Anne Arundel County Public Schools
  • Census Tract: 701202

Zoning

  • Zoning: R5

Geography

  • Assessors Map Reference: 60 4 22
  • Account Number: 48001727950
  • District: 01
  • Section: 2
  • Parcel: 01-480-01727950
  • Block: S
  • Lot: 21
  • Latitude: 38.9199
  • Longitude: -76.5219

    Address

  • Full Address: 443 Magnolia Dr
  • Address - House Number: 443
  • Address - Street Name: Magnolia
  • Address - Suffix Type: Dr
  • State: MD
  • City Name: Edgewater
  • Carrier Code: R004
  • 4-Digit Zip Code: 3201
  • Zip Code: 21037

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,296

    Appraisal Valuation

  • Standard Deviation: 0.16
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 80
  • Final Value: 550,567
  • High Value: 638,670
  • Low Value: 462,465

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $470,000
  • First Open Lien Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • First Open Lien Mortgage Recording Date: Aug 13, 2021
  • First Open Lien Mortgage Loan Amount: $470,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2051

    Market Valuation

  • Market Total Value: $393,400
  • Market Land Value: $200,500
  • Market Improvement Value: $192,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $393,400
  • Assessed Land Value: $200,500
  • Assessed Improvements Value: $192,900

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 30, 2021
  • Current Sale Recording Date: Aug 13, 2021
  • Current Sale Transaction ID: 11853692864
  • Current Sale Price: $470,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Nov 03, 2005
  • Previous Sale Contract Date: Oct 28, 2005
  • Previous Sale Amount: $424,900
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • First Mortgage Transaction Date: Aug 13, 2021
  • First Mortgage Loan Amount: $470,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Jul 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: HOMESPRING FINANCIAL LLC
  • Previous Mortgage Transaction Date: Nov 03, 2005
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $339,920
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Nov 01, 2035

About Selby-on-the-Bay



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 443 Magnolia Drive located in?
The 443 Magnolia Drive is a house located in the neighborhood of Selby-on-the-Bay in Selby-on-the-Bay, Edgewater.
What is the average sales price for listings in 443 Magnolia Drive?
The average sales price for units in 443 Magnolia Drive is $469,900 currently.

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