NOT LISTED FOR SALE

2254 Lake Dr Pasadena, MD 21122

Jacobsville-Bayside Beach Neighborhood

Estimated Value: $455,000 - $926,000

3 Beds
1 Bath
1,923 Sq Ft
$375/Sq Ft Est. Value

Last Sold May 22, 2020

Last sale price $325,000 $169 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $4,401/month

8 Days on Market

Highlights

  • Home fronts navigable water
  • Private Pool
  • 1 Fireplace
  • Water Access
  • Coastal Architecture
  • No HOA

About This Home

As of May 2020

Timing is everything. This is your chance to build your very own waterfront home, with never ending views. This property is investor owned and being sold AS-IS. DO NOT ATTEMPT TO ENTER THE STRUCTURE.The seller makes no warranties or guarantees as to the condition of the property.All offers must be submitted via PROPOFFERS.COM BY THE SELLING AGENT. An offer management fee of $175.00 is charged by Pyramid Platform in connection with the us of propoffers.com. This fee will be deducted from the agent representing the buyer as selling agent and/or transaction broker's commission and paid to Pyramid Platform.

Last Agent to Sell the Property

Jason Gregg

CENTURY 21 New Millennium License #17639 Listed on: 04/22/2020

CENTURY 21 New Millennium

Last Buyer's Agent

Allen Stanton

RE/MAX Executive

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,918

Year Built

  • Built in 1945

Lot Details

  • 8,800 Sq Ft Lot
  • Home fronts navigable water
  • Property is zoned R2

Parking

  • 1 Car Detached Garage
  • 2 Driveway Spaces
  • Front Facing Garage

Home Design

  • Coastal Architecture

Interior Spaces

  • 1,923 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Private Pool
  • Water Access
  • Property near a bay

Location

  • Flood Risk

Utilities

  • Well
  • Septic Tank
  • Community Sewer or Septic

Community Details

  • No Home Owners Association
  • Bayside Beach Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 020308022854175

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,918

Year Built

Built in 1945

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1945
  • Remarks Public: Timing is everything. This is your chance to build your very own waterfront home, with never ending views. This property is investor owned and being sold AS-IS. DO NOT ATTEMPT TO ENTER THE STRUCTURE.The seller makes no warranties or guarantees as to the condition of the property.All offers must be submitted via PROPOFFERS.COM BY THE SELLING AGENT. An offer management fee of $175.00 is charged by Pyramid Platform in connection with the us of propoffers.com. This fee will be deducted from the agent representing the buyer as selling agent and/or transaction broker's commission and paid to Pyramid Platform.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1923
  • Living Area Sq Ft: 1923
  • Price Per Sq Ft: 142.95
  • Above Grade Finished Sq Ft: 1923
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2254

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Combination
  • Water Access: Yes
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Driveway, Detached Garage
  • Number of Spaces in Driveway: 2

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: No
  • Sewer/Septic System: Community Septic Tank, Private Septic Tank
  • 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
  • School District Key: 121140671932
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 153500.00
  • Land Assessed Value: 293300.00
  • Land Use Code: 011
  • Lot Size Acres: 0.20
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8800.00
  • Year Assessed: 2020
  • Zoning: R2
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15205353
  • Tax Annual Amount: 4918.00
  • Assessor Parcel Number: 020308022854175
  • Tax Lot: 1
  • Tax Total Finished Sq Ft: 1923
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 05/22/2020

Multi Family

  • Federal Flood Zone: VE

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 29, 2021
Sold by
Bafford Alexandra and Bafford Jake
Bought by
Bafford Alexandra and Bafford Jake
Current Estimated Value
$721,551

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Outstanding Balance
$386,630
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$331,161

Purchase Details

Listed on
Apr 22, 2020
Closed on
May 22, 2020
Sold by
Wilmington Trust National Association
Bought by
Bafford Alexandra and Bafford Jake
Seller's Agent
Jason Gregg
CENTURY 21 New Millennium
Buyer's Agent
Allen Stanton
RE/MAX Executive
List Price
$274,900
Sold Price
$325,000
Premium/Discount to List
$50,100
18.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.22%
Original Mortgage
$325,000
Interest Rate
3.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Apr 22, 2020
Closed on
Mar 24, 2020
Sold by
Wheeler Jeffrey W and Wheeler Laura Lee
Bought by
Wilmington Trust National Association and Mfra Trust 2014 2
Seller's Agent
Jason Gregg
CENTURY 21 New Millennium
Buyer's Agent
Allen Stanton
RE/MAX Executive
List Price
$274,900
Sold Price
$325,000
Premium/Discount to List
$50,100
18.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
3.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 9, 2015
Sold by
Wheeler Laura Lee and Blake Laura Lee
Bought by
Blake Laura Lee

Purchase Details

Closed on
Apr 9, 2014
Sold by
Wheeler Jeffrey W and Wheeler Laura Lee
Bought by
Wheeler Laura Lee

Purchase Details

Closed on
Oct 4, 2004
Sold by
Phillips Robert M
Bought by
Wheeler Jeffrey W and Wheeler Laura L

Purchase Details

Closed on
Nov 5, 1997
Sold by
Casey Regis K
Bought by
Phillips Robert M
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
Bafford Alexandra -- None Available
Bafford Alexandra $325,000 Title Clearing & Escrow Llc
Wilmington Trust National Association $444,000 None Available
Blake Laura Lee -- None Available
Wheeler Laura Lee -- None Available
Wheeler Jeffrey W $690,000 --
Phillips Robert M $247,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bafford Alexandra $425,000
Closed Bafford Alexandra $325,000
Closed Phillips Robert M --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2020 05/22/20 Sold $325,000 +18.2% $169 / Sq Ft
04/30/2020 04/30/20 Pending -- -- --
04/22/2020 04/22/20 For Sale $274,900 -- $143 / 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
2025 $5,984 $611,167 -- --
2024 $5,984 $530,800 $346,100 $184,700
2023 $5,785 $502,800 $0 $0
2022 $5,450 $474,800 $0 $0
2021 $5,185 $446,800 $293,300 $153,500
2020 $5,185 $444,067 $0 $0
2019 $9,590 $441,333 $0 $0
2018 $4,447 $438,600 $294,200 $144,400
2017 $4,561 $438,600 $0 $0
2016 -- $438,600 $0 $0
2015 -- $449,900 $0 $0
2014 -- $449,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jason Gregg

    Seller's Agent in 2020

    Jason Gregg

    Century 21 New Millennium

    (410) 980-0601

    41 Total Sales

    Jason Gregg
    Section Image
  • Allen Stanton

    Buyer's Agent in 2020

    Allen Stanton

    RE/MAX

    (443) 618-3572

    17 in this area

    306 Total Sales

    Allen Stanton
    Section Image
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Map

Source: Bright MLS

MLS Number: MDAA432042

Bright MLS

APN: 03-080-22854175

Maryland Anne Arundel County Pasadena 21122 Jacobsville-Bayside Beach

2254 Lake Dr, Pasadena, MD

This home is located at 2254 Lake Dr, Pasadena, MD 21122 since 22 April 2020 and is currently estimated at $721,551, approximately $375 per square foot. This property was built in 1945. 2254 Lake Dr is a home located in Anne Arundel County with nearby schools including Fort Smallwood Elementary School, Chesapeake Bay Middle School, and Chesapeake High School.

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