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Sold for $515,000
  • $515,000

    4 Nicholson Dr, Pasadena, MD 21122

    4beds
    1,532sqft
    MultiFamily
    Built in 1959
    -- sqft lot
    $566,600 Zestimate®
    $336/sqft
    $2,282 Estimated rent

    Home value

    $566,600

    $527,000 - $606,000

    $2,282/mo

    Zestimate® history
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    $2,282/mo

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    $2,282/mo

    Rent Zestimate®

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    What's special

    Energy efficient heating systemExterior siding paint
    REAL ESTATE INVESTMENT OPPORTUNITY - No other capital investment required! Asset Valuation $700K. Rare & unique "Turnkey Waterfront Investment", or private purchase opportunity, offering waterfront access on Magothy River. This fantastic 2-story waterfront colonial is currently divided into two separate, Anne Arundel County (AACO) registered & licensed apartments that have enjoyed 30 years of 100% occupancy. Each unit has it own BGE electric meter and property benefits from an energy efficient heating system, new 50-year architecture shingles on roof, exterior siding paint, WF deck and one 15 x 22 deep water wet slip. This property also boasts a very large (32 x 60) 3-bay masonry garage 1,920 SF that has its own BGE meter as well as a large steel 8x20 storage container. This property enjoys AACO Public Water (no well) and an annually maintained private 1,500 gallon capacity concrete Septic system. Rent both, live in one and rent one; as the new owners, operate as Airbnb, the choice is yours. This is a turn-key rental business opportunity. Attention Realtors - Agent commissions honored with acceptable Sales Agreement, agents please do not call soliciting for this listing. Sorry, "NO APPOINTMENTS" scheduled without "Proof of Funds" for financial status of Buyer for down payment, escrow and closing costs. Property sold "AS IS, WHERE IS" without implied or other warranties. Home Warranty available to qualified Buyer upon request. Contact Seller via email: rtwilley08@gmail.com. ATTENTION I-BUYERS - reply to email address as all calls will go unanswered by Seller.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Baseboard, Oil
    Cooling
    • Wall
    Appliances
    • Included: Dryer, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Carpet, Linoleum / Vinyl
    • Basement: None
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 1,532 sqft
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 9
    • Parking features: Garage - Detached, Off-street
    Features
    • Exterior features: Shingle, Wood, Cement / Concrete
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 0.41 Acres
    Details
    • Parcel number: 0352113563410
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Conventional
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 1959

    Community & neighborhood

    Location
    • Region: Pasadena

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $8 monthly

    Other

    Other facts
    • AssociationYN: true
    • GarageYN: true
    • Appliances: Built-in Microwave, Exhaust Fan, Dryer, Washer, Cooktop, Stove
    • HeatingYN: true
    • CoolingYN: true
    • StructureType: Detached
    • WaterfrontYN: true
    • ConstructionMaterials: Wood Siding, Aluminum Siding, Shingle Siding
    • StoriesTotal: 2
    • Cooling: Window Unit(s)
    • ArchitecturalStyle: Colonial
    • SpecialListingConditions: Standard
    • Heating: Hot Water
    • ParkingFeatures: Storage, Other, Detached Garage, Oversized, Private, Garage Faces Front
    • CoveredSpaces: 3
    • BelowGradeFinishedArea: 0
    • MlsStatus: Active

    Price history

    DateEventPrice
    3/11/2024Sold$515,000-6.3%$336/sqft
    Source: Public Record Report a problem
    9/7/2023Listing removed--
    Source: Owner Report a problem
    2/27/2023Price change$549,900+4.8%$359/sqft
    Source: Owner Report a problem
    8/4/2022Listed for sale$524,900+1.2%$343/sqft
    Source: Owner Report a problem
    5/30/2022Listing removed--
    Source: Owner Report a problem
    9/7/2021Listed for sale$518,499+3.7%$338/sqft
    Source: Owner Report a problem
    2/25/2021Listing removed--
    Source: Owner Report a problem
    9/27/2020Listing removed$499,900$326/sqft
    Source: Owner Report a problem
    7/24/2020Price change$499,900+17.6%$326/sqft
    Source: Owner Report a problem
    6/27/2020Listed for sale$425,000$277/sqft
    Source: Owner Report a problem
    4/14/2020Listing removed$425,000$277/sqft
    Source: Keller Williams Select Realtors #MDAA426236 Report a problem
    2/24/2020Listed for sale$425,000+43.1%$277/sqft
    Source: Keller Williams Select Realtors #MDAA426236 Report a problem
    1/10/2019Listing removed$1,695$1/sqft
    Source: Owner Report a problem
    11/4/2018Price change$1,695-3.1%$1/sqft
    Source: Owner Report a problem
    11/1/2018Listed for rent$1,750+40%$1/sqft
    Source: Owner Report a problem
    8/12/2013Listing removed$297,000$194/sqft
    Source: Auction Brokers #AA8027383 Report a problem
    4/11/2013Price change$297,000+18.8%$194/sqft
    Source: Auction Brokers #AA8027383 Report a problem
    3/12/2013Listed for sale$250,000$163/sqft
    Source: Auction Brokers #AA8027383 Report a problem
    10/4/2012Listing removed$1,250$1/sqft
    Source: www.RentalAds.com Report a problem
    8/5/2012Listed for rent$1,250$1/sqft
    Source: www.RentalAds.com Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,261 +18%$425,867 +4.6%
    2024$4,458 +3.3%$407,100 +3.1%
    2023$4,313 +7.8%$395,000 +3.2%
    2022$4,001 +3.3%$382,900 +3.3%
    2021$3,875 +4.1%$370,800 +4.2%
    2020$3,721 -8.6%$355,733 -30.9%
    2019$4,069 +23.3%$514,800 +58.1%
    2018$3,302 +4.1%$325,600 +4.7%
    2017$3,170 $311,033 -1.8%
    2016-- $316,800 +12.4%
    2015-- $281,900
    2014-- $281,900 -14.9%
    2013-- $331,233 +10.8%
    2012-- $299,000
    2011-- $299,000 -30.9%
    2010-- $432,900 -4.6%
    2009-- $453,950 +17.9%
    2008-- $385,192 +1.2%
    2007-- $380,703 +53.7%
    2006-- $247,680 +12.2%
    2005-- $220,690 +10.5%
    2004-- $199,700 +19.8%
    2003-- $166,710 +1%
    2002-- $165,000 +1%
    2001-- $163,290

    Find assessor info on the county website

    Neighborhood: 21122

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $566,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $566,600