NOT LISTED FOR SALE

783 Olivia Way Pasadena, MD 21122

Estimated Value: $1,018,000 - $1,190,000

0.92 Acre
$1,227,536 Price per Acre
40,075 Sq Ft Lot

Last Sold November 14, 2024

Last sale price $340,000

Est. 232% increase in value since last sale

Current estimated payment $6,100/month

5 Days on Market

Highlights

  • Premium Lot
  • No HOA
  • Cul-De-Sac
  • Wooded Lot

About This Lot

As of November 2024

Couldn't ask for a better location in Pasadena MD, close to everything but yet private and serene! Lot is finished, as well as access to public water, electricity and natural gas. The last lot available in the sought after neighborhood of Magothy Pines Estates. NO HOA!!! Neighborhood is adjacent to Jacobsville Park with tennis courts, basketball courts, tot-lot, sports fields, and paved walking trails for walking, running, riding bikes etc.. this park is adjacent to Lakeshore Athletic Complex for sports, equestrian and recreational activities. Easy access to Rt 100, Rt 2, quick drive to I695, I295 and Rt 50. Approximately 15 minutes to BWI airport and hospital. Easy commute to DC and Annapolis!

Last Agent to Sell the Property

Alicia Schline GRI

(443) 306-8735 aliciaschline.realtor@gmail.com Berkshire Hathaway HomeServices PenFed Realty License #639691 Listed on: 10/02/2024

Berkshire Hathaway HomeServices PenFed Realty

Co-Listed By

Aishah Asi

(443) 995-9569 aishah.asi@penfedrealty.com Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Carol Strasfeld

(301) 806-8871 carolstrasfeld@gmail.com Unrepresented Buyer Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,369

Lot Details

  • 0.92 Acre Lot
  • Cul-De-Sac
  • Premium Lot
  • Level Lot
  • Wooded Lot
  • Property is zoned R1

Location

  • Suburban Location

Schools

  • Jacobsville Elementary School
  • Chesapeake Bay Middle School
  • Chesapeake High School

Utilities

  • Public Hookup Available For Water
  • Perc Approved Septic

Community Details

  • No Home Owners Association
  • Magothy Pines Estates Subdivision

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 020352790220347

Property Details

Property Type

Land

Est. Annual Taxes

$2,369

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Vacant, Land/Lot Only
  • Historic: No
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 9.86

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Perc Approved Septic
  • Water Source: Public Hook-Up Available

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: JACOBSVILLE
  • High School: CHESAPEAKE
  • Middle Or Junior School: CHESAPEAKE BAY

Lot Info

  • Additional Parcels: No
  • Lot Features: Cul-De-Sac, Level, Premium, Road Frontage, Trees/Wooded
  • Lot Size Acres: 0.92
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 40075.20
  • Perc Type: Approved
  • Zoning: R1
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

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

Tax Info

  • Tax Annual Amount: 2368.95
  • Assessor Parcel Number: 020352790220347
  • Tax Lot: 7
  • Tax Year: 2025

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 17, 2025
Sold by
Ameri-Star Homes Inc
Bought by
Lowd Jean Alaine and Lowd William
Current Estimated Value
$1,129,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$848,780
Outstanding Balance
$844,720
Interest Rate
6.85%
Mortgage Type
Construction
Estimated Equity
$284,613

Purchase Details

Listed on
Oct 2, 2024
Closed on
Nov 11, 2024
Sold by
Saad Joseph and Saad Jane
Bought by
Ameri-Star Homes Inc
Seller's Agent
Alicia Schline GRI
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Carol Strasfeld
Unrepresented Buyer Office
List Price
$395,000
Sold Price
$340,000
Premium/Discount to List
-$55,000
-13.92%
Views
24

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
186.63%

Purchase Details

Closed on
Jan 11, 2011
Sold by
Saad Mattia J
Bought by
Saad Joseph Sadd Jane

Purchase Details

Closed on
Dec 24, 2010
Sold by
Saad Mattia J
Bought by
Saad Joseph Sadd Jane
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Lowd Jean Alaine $340,000 None Listed On Document
Lowd Jean Alaine $340,000 None Listed On Document
Ameri-Star Homes Inc $340,000 None Listed On Document
Saad Joseph Sadd Jane $125,000 --
Saad Joseph Sadd Jane $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lowd Jean Alaine $848,780
Closed Lowd Jean Alaine $848,780
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2024 11/14/24 Sold $340,000 -13.9% --
10/07/2024 10/07/24 Pending -- -- --
10/02/2024 10/02/24 For Sale $395,000 -- --
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
2025 $2,345 $189,200 $189,200 --
2024 $2,345 $214,200 $214,200 --
2023 $2,339 $214,200 $214,200 $0
2022 $2,238 $214,200 $214,200 $0
2020 $2,049 $195,867 $0 $0
2019 $1,859 $177,533 $0 $0
2018 $1,614 $159,200 $159,200 $0
2017 $1,486 $145,867 $0 $0
2016 -- $132,533 $0 $0
2015 -- $119,200 $0 $0
2014 -- $119,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA2095968

Bright MLS

APN: 03-527-90220347