NOT LISTED FOR SALE

Estimated Value: $222,408

0.49 Acre
$453,894 Price per Acre
21,344 Sq Ft Lot

Last Sold September 18, 2015

Last sale price $120,000 $343 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $1,340/month

About This Lot

As of September 2015

Location Location! Half acre Lot directly across from site of "Royal Farms' to be constructed and one block from US Rt. 50 in Grasonville MD. Urban Commercial Zoning offers variety of uses. Public Sewer Hook Up available. Property currently improved by two buildings but being sold as "Lot" due to minimal value of improvements.

Last Agent to Sell the Property

Mark McGuire

Benson & Mangold, LLC License #586265 Listed on: 11/17/2014

Benson & Mangold, LLC

Last Buyer's Agent

Mark McGuire

Benson & Mangold, LLC License #586265 Listed on: 11/17/2014

Benson & Mangold, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,434

Lot Details

  • 0.49 Acre Lot
  • Property is zoned UC

Schools

  • Stevensville Middle School
  • Kent Island High School

Utilities

  • Well
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Grasonville Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1805013097

Property Details

Property Type

Land

Est. Annual Taxes

$1,434

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Office
  • New Construction: No
  • Remarks Public: Location Location! Half acre Lot directly across from site of "Royal Farms' to be constructed and one block from US Rt. 50 in Grasonville MD. Urban Commercial Zoning offers variety of uses. Public Sewer Hook Up available. Property currently improved by two buildings but being sold as "Lot" due to minimal value of improvements.
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement: No
  • Price Per Sq Ft: 6.04
  • Street Number Modifier: 107

Exterior Features

  • 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: Public Hook/Up Avail
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: QUEEN ANNE'S COUNTY PUBLIC SCHOOLS
  • Middle School: STEVENSVILLE
  • High School: KENT ISLAND
  • School District Key: 121137777627
  • High School: KENT ISLAND
  • Middle Or Junior School: STEVENSVILLE

Lot Info

  • Improvement Assessed Value: 33000.00
  • Lot Size Acres: 0.49
  • Lot Size Area: 21500
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 21500.00
  • Possible Use: Commercial, Mixed Use, Office
  • Year Assessed: 2014
  • Zoning: UC

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4529147
  • Tax Annual Amount: 1433.85
  • Assessor Parcel Number: 1805013097
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014
  • Close Date: 09/18/2015

MLS Schools

  • School District Name: QUEEN ANNE'S COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 25, 2021
Sold by
Saddler Road Llc
Bought by
Mark Thomas Rentals Llc
Current Estimated Value
$222,408

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,250
Outstanding Balance
$119,604
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$95,177

Purchase Details

Listed on
Nov 17, 2014
Closed on
Sep 18, 2015
Sold by
Jackson Creek Land Llc
Bought by
Saddler Road Llc
Seller's Agent
Mark McGuire
Benson & Mangold, LLC
Buyer's Agent
Mark McGuire
Benson & Mangold, LLC
List Price
$159,900
Sold Price
$120,000
Premium/Discount to List
-$39,900
-24.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.00%
Original Mortgage
$84,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 29, 2003
Sold by
Meehan Daniel
Bought by
Jackson Creek Land Llc

Purchase Details

Closed on
Aug 13, 1999
Sold by
Pierson T Douglas
Bought by
Meehan Daniel

Purchase Details

Closed on
Nov 14, 1986
Sold by
Pierson Thomas E and Pierson Lorraine J
Bought by
Pierson T Douglas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
9.81%
Source: Public Records

Range of Values:

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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
Mark Thomas Rentals Llc $175,000 None Available
Saddler Road Llc $120,000 Eastern Shore Title Company
Jackson Creek Land Llc $155,000 --
Meehan Daniel $125,000 --
Pierson T Douglas $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mark Thomas Rentals Llc $131,250
Previous Owner Saddler Road Llc $84,000
Previous Owner Pierson T Douglas $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2015 09/18/15 Sold $120,000 -25.0% $343 / Sq Ft
08/02/2015 08/02/15 Pending -- -- --
11/17/2014 11/17/14 For Sale $159,900 -- $457 / 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 $1,638 $176,767 $0 $0
2024 $1,638 $173,900 $171,400 $2,500
2023 $1,480 $157,133 $0 $0
2022 $1,322 $140,367 $0 $0
2021 $1,185 $123,600 $104,100 $19,500
2020 $1,201 $125,200 $105,700 $19,500
2019 $1,201 $125,200 $105,700 $19,500
2018 $1,251 $130,400 $111,500 $18,900
2017 $1,251 $130,400 $0 $0
2016 -- $130,400 $0 $0
2015 $1,934 $149,500 $0 $0
2014 $1,934 $149,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003262150

Bright MLS

APN: 05-013097