$2,488,500

0 Follow Ditch Rd Princess Anne, MD 21853

Estimated payment $13,749/month

Total Views 24,053
711 Acres
$3,500 Price per Acre
30,973,340 Sq Ft Lot

About This Lot

This 711 timberland complex stands within several thousand contiguous acres of state owned forestland in Somerset County. The tract is located to the South of Wellington WMA and to the North of the Chesapeake Forest Wells Timberland Complex. This region of the Eastern Shore is well known for the high population of Whitetails and Eastern Wild Turkey. The tract offers the wildlife manager an array of management opportunities for improving the existing habitat as well as creating long term economic returns from the land. The property has been recently surveyed by consulting hired by the owner to monetize the natural resources of the property for income. The timber age class summary indicates there is some immediate merchantable timber as well as possible eligibility for certain conservation programs at the state and federal level. A hunting lease yields yearly income as well. Together these income streams can create a value stack of income streams to make this a quality land investment. The property is currently free and clear of any conservation programs restricting it's current or future use. The land use zoning is currently agricultural. Timber data is available upon request.

Listing Agent

Benjamin Alder

The Land Group License #574482 Listed on: 02/27/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,482

Lot Details

  • 711.05 Acre Lot

Utilities

  • No Septic System
  • Sewer Not Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4065832

Property Details

Property Type

Land

Est. Annual Taxes

$1,482

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Recreation, Investment, Hunting, Timber, Vacant
  • Federal Flood Zone: No
  • Remarks Public: This 711 timberland complex stands within several thousand contiguous acres of state owned forestland in Somerset County.  The tract is located to the South of Wellington WMA and to the North of the Chesapeake Forest Wells Timberland Complex.  This region of the Eastern Shore is well known for the high population of Whitetails and Eastern Wild Turkey. The tract offers the wildlife manager an array of management opportunities for improving the existing habitat as well as creating long term economic returns from the land.  The property has been recently surveyed by consulting hired by the owner to monetize the natural resources of the property for income.  The timber age class summary indicates there is some immediate merchantable timber as well as possible eligibility for certain conservation programs at the state and federal level. A hunting lease yields yearly income as well.  Together these income streams can create a value stack of income streams to make this a quality land investment.  The property is currently free and clear of any conservation programs restricting it's current or future use.  The land use zoning is currently agricultural. Timber data is available upon request.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 0.08

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: No Septic System, No Sewer System

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: SOMERSET COUNTY PUBLIC SCHOOLS
  • School District Key: 121138759568
  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Lot Size Acres: 711.05
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 30973338.00
  • Zoning: A
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1482.00
  • Assessor Parcel Number: 4065832
  • Tax Year: 2022

MLS Schools

  • School District Name: SOMERSET COUNTY PUBLIC SCHOOLS

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2023 02/27/23 For Sale $2,488,500 +211.1% --
06/16/2022 06/16/22 Sold $800,000 0.0% --
05/16/2022 05/16/22 Price Changed $800,000 -10.0% --
11/09/2021 11/09/21 Pending -- -- --
10/27/2021 10/27/21 For Sale $888,750 +422.8% --
03/12/2021 03/12/21 Sold $170,000 -12.8% --
01/25/2021 01/25/21 Pending -- -- --
09/11/2020 09/11/20 For Sale $195,000 -- --
Source: Bright MLS

Source: Bright MLS

MLS Number: MDSO2002900

Bright MLS

Maryland Somerset County Princess Anne 21853

0 Follow Ditch Rd, Princess Anne, MD

This home is located at 0 Follow Ditch Rd, Princess Anne, MD 21853 and is currently priced at $2,488,500. 0 Follow Ditch Rd is a home located in Somerset County.

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Listing Agent
Benjamin Alder
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The Land Group
(443) 251-3317