1581 Long Point Rd Pasadena, MD 21122
2
Beds
2
Baths
3,972
Sq Ft
0.61
Acres
Highlights
- Second Kitchen
- No HOA
- Bar
- Rambler Architecture
- Additional Land
About This Home
As of August 2023PRICE 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
Keller Williams Flagship License #0655119 Listed on: 05/15/2023
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
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
Current Estimated Value
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
2.52%
Original Mortgage
$226,351
Interest Rate
7.76%
Mortgage Type
New Conventional
Similar Home in Pasadena, MD
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $95,150 | None Listed On Document | |
| Deed | $220,000 | Progressive Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $226,351 | New Conventional |
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
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
-
Jenna Maseritz
J
Seller's Agent in 2025
Jenna Maseritz
Park Modern Realty
(410) 541-7022
4 in this area
43 Total Sales
-
Lauren Smith
Seller's Agent in 2023
Lauren Smith
Keller Williams Flagship
(410) 245-9915
17 in this area
129 Total Sales
Map
Source: Bright MLS
MLS Number: MDAA2060328
APN: 03-503-11398125
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