NOT LISTED FOR SALE

1002 Central Ave Cambridge, MD 21613

Estimated Value: $87,000 - $117,410

2 Beds
1 Bath
768 Sq Ft
$133/Sq Ft Est. Value

Last Sold May 25, 2019

Last sale price $50,000 $65 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $628/month

4 Days on Market

About This Home

As of May 2019

INVESTOR ALERT! If you are looking for a turn key investment you have found it. This unit is currently rented and ready to make money from day one. Buy this home along with 1004 &1006 Central for a total of $160,000. All 3 homes are currently rented.

Last Agent to Sell the Property

Richard Barr

(410) 430-5095 richard.barr@lnf.com EXP Realty, LLC Listed on: 04/20/2019

EXP Realty, LLC

Last Buyer's Agent

William Quillin

(410) 749-1818 willquillin22@gmail.com ERA Martin Associates

ERA Martin Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $834

Year Built

  • Built in 1955

Lot Details

  • 4,648 Sq Ft Lot
  • Property is zoned C-2

Parking

  • Driveway

Home Design

  • Shingle Roof

Interior Spaces

  • 768 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Schools

  • Maple Elementary School
  • Mace's Lane Middle School
  • Cambridge-South Dorchester High School

Utilities

  • Electric Baseboard Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 07-164750

Home Details

Home Type

Single Family

Est. Annual Taxes

$834

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 768
  • Living Area Sq Ft: 768
  • Price Per Sq Ft: 84.64
  • Above Grade Finished Sq Ft: 768
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • 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: Mixed
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: 3rd Party
  • Elementary School: MAPLE
  • High School: CAMBRIDGE-SOUTH DORCHESTER
  • Middle Or Junior School: MACE'S LANE

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Size Acres: 0.11
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4648.00
  • Zoning: C-2
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5312450
  • Tax Annual Amount: 834.00
  • Assessor Parcel Number: 07-164750
  • Tax Lot: 4
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018

MLS Schools

  • School District Name: DORCHESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2019
Closed on
Jun 14, 2019
Sold by
Morris Verne D
Bought by
Walker Seymour S
Seller's Agent
Richard Barr
EXP Realty, LLC
Buyer's Agent
William Quillin
ERA Martin Associates
List Price
$65,000
Sold Price
$50,000
Premium/Discount to List
-$15,000
-23.08%
Current Estimated Value
$102,103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,103
Avg. Annual Appreciation
11.53%
Original Mortgage
$37,500
Outstanding Balance
$32,972
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$69,131

Purchase Details

Closed on
Jul 5, 2000
Sold by
Davidson Delmas C
Bought by
Morris Verne D
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
Walker Seymour S $50,000 Perfection Title Ltd
Morris Verne D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walker Seymour S $37,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2019 05/25/19 Sold $50,000 -23.1% $65 / Sq Ft
04/24/2019 04/24/19 Pending -- -- --
04/20/2019 04/20/19 For Sale $65,000 -- $85 / 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 $1,089 $58,000 $16,000 $42,000
2024 $960 $54,967 $0 $0
2023 $960 $51,933 $0 $0
2022 $904 $48,900 $16,000 $32,900
2021 $872 $47,567 $0 $0
2020 $841 $46,233 $0 $0
2019 $856 $44,900 $16,000 $28,900
2018 $834 $44,900 $16,000 $28,900
2017 $829 $44,900 $0 $0
2016 -- $45,100 $0 $0
2015 $1,050 $45,100 $0 $0
2014 $1,050 $45,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDDO123256

Bright MLS

APN: 07-164750