1395 Rainbow Dr Pasadena, MD 21122
3
Beds
2
Baths
1,400
Sq Ft
0.35
Acres
Highlights
- Boat Ramp
- Water Access
- Rambler Architecture
- Home fronts navigable water
- Lake Privileges
- Wood Flooring
About This Home
As of July 2025HUNTERS HARBOR-one of the most sought after water-privileged communities in Pasadena! Community amenities include a waterfront beach, playground, pavilion, fishing pier and boat ramp. All of the waterfront amenities are paid through the Improvement Association which is included in your yearly tax bill ($225/year). This one level 3 bedroom 2 bath Rancher is perfect for a buyer that has a vision. This house is livable but could definitely use some updates. Brand new BAT septic system was installed in 2022. A small portion of the back yard sits in the flood zone so flood insurance is required. Title work has been completed by Perfection Title, buyers are encouraged to use them. Downs Park is right down the road and features a dog beach, basketball, walking trails, swimming beach, concerts, pavilions and so much more. Schedule your showing today! This house will most likely not pass FHA or VA. Sold AS IS. This house is perfect for an investor or a savvy buyer who wants some sweat equity. The value is there!
Last Agent to Sell the Property
Douglas Realty, LLC License #595920 Listed on: 02/25/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,510
Year Built
- Built in 1940
Lot Details
- 0.35 Acre Lot
- Home fronts navigable water
Parking
- Driveway
Home Design
- Rambler Architecture
- Slab Foundation
- Asphalt Roof
- Vinyl Siding
- Brick Front
Interior Spaces
- 1,400 Sq Ft Home
- Property has 1 Level
- 1 Fireplace
- Living Room
- Dining Room
- Wood Flooring
- Attic
Kitchen
- Stove
- Dishwasher
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- En-Suite Primary Bedroom
- 2 Full Bathrooms
Laundry
- Electric Dryer
- Washer
Accessible Home Design
- Level Entry For Accessibility
Outdoor Features
- Water Access
- River Nearby
- Lake Privileges
- Shed
Schools
- Bodkin Elementary School
- Chesapeake Bay Middle School
- Chesapeake High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Oil
- Well
- Electric Water Heater
- Septic Tank
Listing and Financial Details
- Tax Lot 90
- Assessor Parcel Number 020344828367550
Community Details
Overview
- No Home Owners Association
- Hunters Harbor Subdivision
Amenities
- Picnic Area
- Common Area
Recreation
- Boat Ramp
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 25, 2025
Closed on
May 8, 2025
Sold by
Weston Builders And Developers Inc
Bought by
Aguiar Paul Joseph and Aguiar Kathy
Seller's Agent
Stacey Stracke
Douglas Realty, LLC
Buyer's Agent
PJ Aguiar
Samson Properties
List Price
$320,000
Sold Price
$285,000
Premium/Discount to List
-$35,000
-10.94%
Views
944
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
312.04%
Original Mortgage
$228,000
Outstanding Balance
$228,000
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$150,296
Purchase Details
Closed on
Sep 9, 2003
Sold by
Elliott Dennis L
Bought by
Weston Builders & Developers Inc
Similar Homes in Pasadena, MD
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $285,000 | Cardinal Title Group | |
| Deed | $133,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $228,000 | New Conventional | |
| Previous Owner | $222,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/23/2025 07/23/25 | Sold | $455,000 | +1.1% | $399 / Sq Ft |
| 06/20/2025 06/20/25 | For Sale | $450,000 | +57.9% | $395 / Sq Ft |
| 05/12/2025 05/12/25 | Sold | $285,000 | -10.9% | $204 / Sq Ft |
| 04/18/2025 04/18/25 | Pending | -- | -- | -- |
| 03/13/2025 03/13/25 | Price Changed | $320,000 | 0.0% | $229 / Sq Ft |
| 03/13/2025 03/13/25 | For Sale | $320,000 | -5.9% | $229 / Sq Ft |
| 03/07/2025 03/07/25 | Pending | -- | -- | -- |
| 03/06/2025 03/06/25 | Price Changed | $340,000 | -2.9% | $243 / Sq Ft |
| 02/25/2025 02/25/25 | For Sale | $350,000 | -- | $250 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $3,917 | $285,800 | $205,200 | $80,600 |
| 2023 | $3,853 | $283,400 | $0 | $0 |
| 2022 | $3,652 | $281,000 | $0 | $0 |
| 2021 | $0 | $278,600 | $205,200 | $73,400 |
| 2020 | $3,391 | $267,067 | $0 | $0 |
| 2019 | $3,273 | $255,533 | $0 | $0 |
| 2018 | $2,474 | $244,000 | $175,200 | $68,800 |
| 2017 | $2,960 | $232,333 | $0 | $0 |
| 2016 | -- | $220,667 | $0 | $0 |
| 2015 | -- | $209,000 | $0 | $0 |
| 2014 | -- | $209,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
PJ Aguiar
P
Seller's Agent in 2025
PJ Aguiar
Samson Properties
(301) 655-9223
3 in this area
35 Total Sales
-
Stacey Stracke
Seller's Agent in 2025
Stacey Stracke
Douglas Realty, LLC
(410) 446-2831
4 in this area
86 Total Sales
-
Shane Dennison
Buyer's Agent in 2025
Shane Dennison
Real Broker, LLC - Annapolis
(443) 926-3573
1 in this area
22 Total Sales
Map
Source: Bright MLS
MLS Number: MDAA2104304
APN: 03-448-28367550
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