NOT LISTED FOR SALE

1581 Long Point Rd Pasadena, MD 21122

Estimated Value: $249,000

2 Beds
2 Baths
3,972 Sq Ft
$63/Sq Ft Est. Value

Last Sold August 04, 2023

Last sale price $220,000 $55 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,650/month

73 Days on Market

Highlights

  • Second Kitchen
  • No HOA
  • Bar
  • Rambler Architecture
  • Additional Land

About This Home

As of August 2023

PRICE IMPROVEMENT ATTENTION INVESTORS - Great renovation opportunity or tear down in sought after Long Point Community on the Magothy River located in Pasadena. Currently set up as a Tavern (No Liquor License) per AACO now Zoned R2, with an adjacent residence and sale also includes Circle Road Lots of 9,000 sq.ft. Totaling property at .61 Acres. Bring your imagination. Cash and Hard Money Offers only due to condition of home. This property has the potential to become a showpiece, located in a highly desirable water privileged neighborhood with Clubhouse, Boat Ramp, Basketball Court, Playground and Multiple Beach Areas on the Magothy River. Voluntary HOA. This property offers an excellent investment opportunity for those looking to build a beautiful home. Don't miss out! For more information about the voluntary Long Point Improvement Association membership and fees see their website. Located in Chesapeake School district. Any possessions remaining at closing will convey with the sale, seller will not clean out the house or Tavern.
Property no longer contains Liquor License. Property has 2 Septic Systems and 1 Well. SALE ALSO INCLUDES ADDITIONAL PARCEL - LOTS 75, 76, 77 CIRCLE ROAD (9,000 SQ.FT) - SOLD STRICTLY
AS-IS! DUE TO CONDITION, THERE WILL BE NO ACCESS TO THE INTERIOR OF PROPERTY. LISTING AGENT WILL ONLY OPEN DOOR FOR A VIEW! SEE ONLINE PICTURES.

Last Agent to Sell the Property

Lauren Smith

Keller Williams Flagship License #0655119 Listed on: 05/15/2023

Keller Williams Flagship

Last Buyer's Agent

Jenna Maseritz

Park Modern Realty License #667054

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,330

Year Built

  • Built in 1940

Lot Details

  • 0.61 Acre Lot
  • Additional Land
  • Property is zoned R2

Home Design

  • Rambler Architecture
  • Block Foundation
  • Aluminum Siding

Interior Spaces

  • 3,972 Sq Ft Home
  • Property has 1 Level
  • Bar
  • Second Kitchen

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • Gravel Driveway
  • Off-Street Parking

Schools

  • Chesapeake High School

Utilities

  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Long Point On The Magothy Subdivision

Listing and Financial Details

  • Tax Lot 70
  • Assessor Parcel Number 020350311398125

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,330

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1940
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Interior Amenities: Bar, 2nd Kitchen
  • Foundation Details: Block
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 3972
  • Living Area Sq Ft: 3972
  • Price Per Sq Ft: 64.20
  • Above Grade Finished Sq Ft: 3972
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1581

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Block, Aluminum Siding
  • Exterior Features: Street Lights
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Gravel Driveway
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
  • High School: CHESAPEAKE
  • High School Source: Listing Agent
  • School District Key: 121140671932
  • School District Source: Listing Agent
  • High School: CHESAPEAKE

Lot Info

  • Land Use Code: C
  • Lot Features: Additional Lot(s)
  • Lot Size Acres: 0.61
  • Lot Dimensions: Includes Lots 75,76,77 on Circle Road
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 26740.00
  • Year Assessed: 2023
  • Zoning: R2
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2330.00
  • Assessor Parcel Number: 020350311398125
  • Tax Lot: 70
  • Tax Total Finished Sq Ft: 3972
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 08/04/2023

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 12, 2024
Sold by
Tiderock Builders Inc
Bought by
Aliff John B
Total Days on Market
73
Current Estimated Value
$249,000

Purchase Details

Listed on
May 15, 2023
Closed on
Aug 4, 2023
Sold by
Cox Ann Marie
Bought by
Tiderock Builders Inc
Seller's Agent
Lauren Smith
Keller Williams Flagship
Buyer's Agent
Jenna Maseritz
Park Modern Realty
List Price
$285,000
Sold Price
$220,000
Premium/Discount to List
-$65,000
-22.81%
Views
310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.04%
Original Mortgage
$226,351
Interest Rate
7.76%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Aliff John B $95,150 None Listed On Document
Tiderock Builders Inc $220,000 Progressive Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tiderock Builders Inc $226,351
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2023 08/04/23 Sold $220,000 -13.7% $55 / Sq Ft
07/27/2023 07/27/23 Pending -- -- --
07/21/2023 07/21/23 Price Changed $255,000 -10.5% $64 / Sq Ft
05/15/2023 05/15/23 For Sale $285,000 -- $72 / Sq Ft
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 $3,027 $190,300 $67,900 $122,400
2023 $2,078 $190,300 $67,900 $122,400
2022 $2,620 $190,300 $67,900 $122,400
2021 $5,262 $191,300 $67,900 $123,400
2020 $2,556 $187,800 $0 $0
2019 $2,513 $184,300 $0 $0
2018 $1,833 $180,800 $61,000 $119,800
2017 $2,421 $180,800 $0 $0
2016 -- $180,800 $0 $0
2015 -- $195,400 $0 $0
2014 -- $195,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lauren Smith

    Seller's Agent in 2023

    Lauren Smith

    Keller Williams Flagship

    (410) 245-9915

    17 in this area

    131 Total Sales

    Lauren Smith
    Section Image

  • J

    Buyer's Agent in 2023

    Jenna Maseritz

    Park Modern Realty

    (410) 541-7022

    4 in this area

    40 Total Sales

    Jenna Maseritz
    Section Image
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Map

Source: Bright MLS

MLS Number: MDAA2060328

Bright MLS

APN: 03-503-11398125

Maryland Anne Arundel County Pasadena 21122

1581 Long Point Rd, Pasadena, MD

This home is located at 1581 Long Point Rd, Pasadena, MD 21122 since 15 May 2023 and is currently estimated at $249,000, approximately $62 per square foot. This property was built in 1940. 1581 Long Point 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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