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56 Lake Shore Drive

56 Lake Shore Drive, Pasadena, MD 21122
Property in Lake Shore
Sold Jun 21, 2017
$215,000
$260,000 by Change Lending Llc
Mortgage Due Nov 01, 2052
56 Lake Shore Drive has been categorized by the local assessors in Pasadena, MD as a residential type of property. The building on the property was first built in 1973 and is 51 years old. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 56 Lake Shore Drive has 1,248 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 239,580 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 carport for those who require parking. According to our sources, there are a total of 2 available parking spaces. 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 B by the local assessor. The roof of the building is made of composition shingle. The exterior walls of the building are made of unknown. In terms of heating, it is utilizing electric heaters and being fueled with electricity. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. The property was last sold in Jun 16, 2017 for $215,000. That's $172.28 per sqft. 56 Lake Shore Drive was last assessed in 2023. The total value of the property was assessed at $399,933. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $4,280. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Building Count: 2
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Quality: B
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 239,580
  • Total Building Area: 1,248
  • Gross Building Area: 1,248
  • Building Area: 1,248
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Electric
  • Heated Square Feet: 1,248
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 5.5
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 5.5 ACRES 56 LAKE SHORE DR LAKE SHORE CRANE PROP

Ownership

  • Current Owner : WHITE SARAH F
  • Current Owner 2: FOY WAYNE F
  • Previous Owner : FOY DIANE B
  • Previous Owner 2: STACY GWENDOLYN FAYE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Anne Arundel County Public Schools
  • Census Tract: 731205

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 24 12 450
  • Account Number: 00028920800
  • District: 03
  • Parcel: 03-000-28920800
  • Latitude: 39.1036
  • Longitude: -76.4993

    Address

  • Full Address: 56 Lake Shore Dr
  • Address - House Number: 56
  • Address - Street Name: Lake Shore
  • Address - Suffix Type: Dr
  • State: MD
  • City Name: Pasadena
  • Carrier Code: R010
  • 4-Digit Zip Code: 5243
  • Zip Code: 21122

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,280

    Appraisal Valuation

  • Standard Deviation: 0.1608
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 79
  • Final Value: 480,207
  • High Value: 557,439
  • Low Value: 402,974

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $260,000
  • First Open Lien Mortgage Lender: CHANGE LENDING LLC
  • First Open Lien Mortgage Recording Date: Oct 28, 2022
  • First Open Lien Mortgage Loan Amount: $260,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2052

    Market Valuation

  • Market Total Value: $412,900
  • Market Land Value: $284,200
  • Market Improvement Value: $128,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $399,933

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 16, 2017
  • Current Sale Recording Date: Jun 21, 2017
  • Current Sale Transaction ID: 1589705438
  • Current Sale Price: $215,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 31075-262

    Last Sale Mortgage

  • First Mortgage Lender: PRIMARY RESIDENTIAL MORTGAGE I
  • First Mortgage Transaction Date: Jun 21, 2017
  • First Mortgage Loan Amount: $185,948
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2047

About Lake Shore



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Frequently Asked Questions

What neighborhood is 56 Lake Shore Drive located in?
The 56 Lake Shore Drive is a located in the neighborhood of Lake Shore in Lake Shore, Pasadena.
What is the average sales price for listings in 56 Lake Shore Drive?
The average sales price for units in 56 Lake Shore Drive is $0 currently.

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