NOT LISTED FOR SALE

1229 Magothy Rd Pasadena, MD 21122

Estimated Value: $100,938 - $260,000

0.45 Acre
$376,991 Price per Acre
19,602 Sq Ft Lot

Last Sold February 12, 2021

Last sale price $110,000

Est. 61% increase in value since last sale

Current estimated payment $1,027/month

69 Days on Market

Highlights

  • Home fronts navigable water
  • River View
  • No HOA
  • Water Access
  • Stream or River on Lot

About This Lot

As of February 2021

Unimproved lot in desirable Boulevard Park on the Magothy. Panoramic views of Grays Creek off the Magothy River. Located in Chesapeake SD with excellent boating access to Dobbins Island, the Magothy River, and the Chesapeake Bay. Please check with the county for additional information as to potential improvements. Additional adjacent property 1231 Magothy Rd MDAA448178 also available for sale. Excellent opportunity to secure both properties and create an amazing waterfront retreat.

Last Agent to Sell the Property

Jeanie Halloran

JPAR Maryland Living Listed on: 10/01/2020

JPAR Maryland Living

Last Buyer's Agent

Mackenzie Hoffer

CENTURY 21 New Millennium License #0638522

CENTURY 21 New Millennium

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $975

Lot Details

  • 0.45 Acre Lot
  • Home fronts navigable water
  • Property is zoned R2

Property Views

  • River
  • Woods

Schools

  • Bodkin Elementary School
  • Chesapeake Bay Middle School
  • Chesapeake High School

Utilities

  • No Septic System

Listing and Financial Details

  • Tax Lot 22
  • Assessor Parcel Number 020313818670200

Community Details

Overview

  • No Home Owners Association
  • Boulevard Park Subdivision

Recreation

  • Water Access
  • River Nearby
  • Stream or River on Lot

Property Details

Property Type

Land

Est. Annual Taxes

$975

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Vacant
  • New Construction: No
  • Automatically Close On Close Date: No
  • Remarks Public: Unimproved lot in desirable Boulevard Park on the Magothy. Panoramic views of Grays Creek off the Magothy River. Located in Chesapeake SD with excellent boating access to Dobbins Island, the Magothy River, and the Chesapeake Bay. Please check with the county for additional information as to potential improvements. Additional adjacent property 1231 Magothy Rd MDAA448178 also available for sale. Excellent opportunity to secure both properties and create an amazing waterfront retreat.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 5.64
  • Street Number Modifier: 1229

Exterior Features

  • Construction Completed: No
  • View: River, Trees/Woods, Water, Street
  • Water Access: Yes
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Water View: Yes

Garage/Parking

  • Garage: No

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: No
  • Sewer/Septic System: No Septic System

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
  • Elementary School: BODKIN
  • Middle School: CHESAPEAKE BAY
  • High School: CHESAPEAKE
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121140671932
  • School District Source: 3rd Party
  • Elementary School: BODKIN
  • High School: CHESAPEAKE
  • Middle Or Junior School: CHESAPEAKE BAY

Lot Info

  • Additional Parcels: No
  • Land Use Code: 011
  • Lot Size Acres: 0.45
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 19500.00
  • Year Assessed: 2020
  • Zoning: R2
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease In Effect: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15208018
  • Tax Annual Amount: 975.00
  • Assessor Parcel Number: 020313818670200
  • Tax Lot: 22
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 02/12/2021

Multi Family

  • Mean Low Water Feet: 1

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2020
Closed on
Feb 12, 2021
Sold by
Wade William Patrick
Bought by
Lucado Joseph W
Seller's Agent
Jeanie Halloran
JPAR Maryland Living
Buyer's Agent
Mackenzie Hoffer
CENTURY 21 New Millennium
List Price
$119,000
Sold Price
$110,000
Premium/Discount to List
-$9,000
-7.56%
Current Estimated Value
$176,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,795
Avg. Annual Appreciation
10.30%
Original Mortgage
$82,500
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
May 25, 2010
Sold by
Hardisty John T
Bought by
Wade William P

Purchase Details

Closed on
Nov 4, 1987
Sold by
Looper Dana L
Bought by
Hardisty John T
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lucado Joseph W $110,000 Perfection Title Ltd
Wade William P $100,000 --
Hardisty John T $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lucado Joseph W $82,500
Previous Owner Hardisty John T $75,000
Previous Owner Hardisty John T $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2021 02/12/21 Sold $110,000 0.0% --
12/09/2020 12/09/20 Pending -- -- --
11/27/2020 11/27/20 Price Changed $110,000 -7.6% --
10/01/2020 10/01/20 For Sale $119,000 -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $708 $64,700 $64,700 $0
2023 $707 $64,700 $64,700 $0
2022 $676 $64,700 $64,700 $0
2021 $676 $64,700 $64,700 $0
2020 $677 $64,700 $64,700 $0
2019 $677 $64,700 $64,700 $0
2018 $656 $64,700 $64,700 $0
2017 $664 $64,700 $0 $0
2016 -- $64,700 $0 $0
2015 -- $64,700 $0 $0
2014 -- $64,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jeanie Halloran

    Seller's Agent in 2021

    Jeanie Halloran

    JPAR Maryland Living

    (443) 360-7111

    2 in this area

    49 Total Sales

    Section Image
  • Mackenzie Hoffer

    Buyer's Agent in 2021

    Mackenzie Hoffer

    Century 21 New Millennium

    (443) 831-8227

    2 in this area

    99 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: MDAA448432

Bright MLS

APN: 03-138-18670200

Maryland Anne Arundel County Pasadena 21122

1229 Magothy Rd, Pasadena, MD

This home is located at 1229 Magothy Rd, Pasadena, MD 21122 since 01 October 2020 and is currently estimated at $169,646. 1229 Magothy Rd is a home located in Anne Arundel County with nearby schools including Bodkin Elementary School, Chesapeake Bay Middle School, and Chesapeake High School.

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