NOT LISTED FOR SALE

8194 Ritchie Hwy Pasadena, MD 21122

Estimated Value: $1,207,266

3.64 Acres
$331,666 Price per Acre
158,558 Sq Ft Lot

Last Sold February 04, 2022

Last sale price $1,100,000 $1,136 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $7,074/month

498 Days on Market

About This Lot

As of February 2022

+- 3.64 Acres of Commercial Land on Route 2 South bound in Anne Arundel County, Md. 607'+/- of Route 2 Southbound Road frontage. Primary zone is C4 (+- 1.8 Acres); the balance is in Open Space (+- 1.8). High traffic counts - excellent proximity to major highway systems. Annual property taxes +- $8,300. Offering price is $1,250,000. Property status is "under contract" with an early Q4 2021 settlement date.

Last Agent to Sell the Property

Bob Rich

(410) 200-6625 brich@bensonandmangold.com Benson & Mangold, LLC License #648681 Listed on: 09/06/2018

Benson & Mangold, LLC

Last Buyer's Agent

Non Member Member

beta@mris.net Metropolitan Regional Information Systems, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,326

Lot Details

  • 3.64 Acre Lot
  • South Facing Home
  • Irregular Lot
  • No Building Permits
  • Property is zoned C4

Utilities

  • No Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 020300014336974

Property Details

Property Type

Land

Est. Annual Taxes

$8,326

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Commercial, Storage Yard, Land/Lot Only, Parking
  • Historic: No
  • New Construction: No
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement: No
  • Price Per Sq Ft: 7.88

Exterior Features

  • Road Surface Type: Concrete, Gravel
  • View: Street
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: No
  • Sewer/Septic System: No Septic System
  • Utilities: Electric Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Association Recreation Fee: No

Fee Information

  • Front Foot Fee Pymt Freq: Unknown
  • Other Fees Frequency: Unknown

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Lot Features: Irregular
  • Lot Size Acres: 3.64
  • Lot Size Area: 158558
  • Lot Dimensions: Lot Length 607' Lot Depth 393'
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 158558.00
  • Possible Use: Commercial, Mixed Use, Wholesale, Warehouse
  • Soil Types: Mixed
  • Topography Description: Gently sloping land parallell to Rt 2 S
  • Zoning: C4
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

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

Tax Info

  • Assessor Parcel Number: 15197739
  • Tax Annual Amount: 8325.68
  • Assessor Parcel Number: 020300014336974
  • Tax Lot: 2
  • Tax Page Number: 00179
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2017

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2018
Closed on
Feb 4, 2022
Sold by
Hook Jr Gordon P
Bought by
Ps Atlantic Coast Llc
Seller's Agent
Bob Rich
Benson & Mangold, LLC
Buyer's Agent
Non Member Member
Metropolitan Regional Information Systems, Inc.
List Price
$1,250,000
Sold Price
$1,100,000
Premium/Discount to List
-$150,000
-12%
Current Estimated Value
$1,207,266

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,266
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
Ps Atlantic Coast Llc $1,100,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2022 02/04/22 Sold $1,100,000 -12.0% $1,136 / Sq Ft
01/17/2020 01/17/20 Pending -- -- --
03/12/2019 03/12/19 For Sale $1,250,000 0.0% $1,291 / Sq Ft
01/10/2019 01/10/19 Pending -- -- --
09/06/2018 09/06/18 For Sale $1,250,000 -- $1,291 / 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 $9,880 $904,800 $903,800 $1,000
2023 $9,880 $904,800 $903,800 $1,000
2022 $10,275 $904,800 $903,800 $1,000
2020 $10,019 $865,800 $0 $0
2019 $18,596 $826,800 $0 $0
2018 $7,988 $787,800 $786,800 $1,000
2017 $9,068 $787,800 $0 $0
2016 -- $787,800 $0 $0
2015 -- $800,000 $0 $0
2014 -- $1,524,733 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002601834

Bright MLS

APN: 03-000-14336974