NOT LISTED FOR SALE

1179 Summerfield Rd Gambrills, MD 21054

Estimated Value: $427,871 - $2,935,000

7.16 Acres
$180,115 Price per Acre
311,890 Sq Ft Lot

Last Sold May 06, 2015

Last sale price $1,850,000 $1,619 Per Sq Ft

Est. 30% decrease in value since last sale

Current estimated payment $7,322/month

97 Days on Market

About This Lot

As of May 2015

Builders Delight! 7.16 Acres! Incredible opportunity to own over 7 acres of land. There is a home on the property now, but the value is in the land.

Last Agent to Sell the Property

Gordon Brown

EXIT Results Realty Listed on: 03/15/2011

Last Buyer's Agent

Scott Smolen

RE/MAX Leading Edge License #520450

RE/MAX Leading Edge

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,774

Lot Details

  • 7.16 Acre Lot
  • No Building Permits
  • Property is zoned R5

Utilities

  • Septic Tank

Community Details

  • No Home Owners Association
  • Gambrills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 020400090031391

Property Details

Property Type

Land

Est. Annual Taxes

$3,774

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential
  • New Construction: No
  • Remarks Public: Builders Delight! 7.16 Acres! Incredible opportunity to own over 7 acres of land. There is a home on the property now, but the value is in the land.
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement: No
  • Price Per Sq Ft: 8.03
  • Street Number Modifier: 1179

Exterior Features

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

Garage/Parking

  • Garage: No

Utilities

  • Refuse: 275.00
  • Central Air Conditioning: No
  • Sewer/Septic System: Septic Exists
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Size Acres: 7.16
  • Lot Size Area: 311890
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 311890.00
  • Year Assessed: 2010
  • Zoning: R5

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3774.08
  • Assessor Parcel Number: 020400090031391
  • County Tax Payment Frequency: Annually
  • Tax Year: 2010
  • Close Date: 05/06/2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2011
Closed on
May 6, 2015
Sold by
Jennings Harry W
Bought by
B B S S Inc
Seller's Agent
Gordon Brown
EXIT Results Realty
Buyer's Agent
Scott Smolen
RE/MAX Leading Edge
List Price
$2,506,000
Sold Price
$1,850,000
Premium/Discount to List
-$656,000
-26.18%
Current Estimated Value
$1,289,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$560,376
Avg. Annual Appreciation
-3.57%

Purchase Details

Listed on
Mar 15, 2011
Closed on
Mar 10, 2015
Sold by
Jennings Harry W
Bought by
County Of Anne Arundel
Seller's Agent
Gordon Brown
EXIT Results Realty
Buyer's Agent
Scott Smolen
RE/MAX Leading Edge
List Price
$2,506,000
Sold Price
$1,850,000
Premium/Discount to List
-$656,000
-26.18%

Purchase Details

Closed on
May 3, 2006
Sold by
Jennings Harry W
Bought by
Jennings Harry W

Purchase Details

Closed on
Mar 27, 2006
Sold by
Jennings Harry W
Bought by
Jennings Harry W

Purchase Details

Closed on
May 11, 1999
Sold by
Jenkins Martha
Bought by
Jenkins Harry W and Jenkins Martha
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
B B S S Inc $1,850,000 Chicago Title Insurance Co
County Of Anne Arundel -- None Available
Jennings Harry W -- --
Jennings Harry W -- --
Jenkins Harry W -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2015 05/06/15 Sold $1,850,000 -26.2% $1,619 / Sq Ft
06/20/2011 06/20/11 Pending -- -- --
03/15/2011 03/15/11 For Sale $2,506,000 -- $2,192 / 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 $3,553 $328,833 $0 $0
2023 $3,553 $325,367 $0 $0
2022 $3,364 $321,900 $253,200 $68,700
2021 -- $314,267 $0 $0
2020 $0 $306,633 $0 $0
2019 $0 $299,000 $228,200 $70,800
2017 $3,048 $299,000 $0 $0
2016 -- $299,700 $0 $0
2015 -- $283,633 $0 $0
2014 -- $267,567 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2015

    Gordon Brown

    EXIT Results Realty

    Section Image
  • Scott Smolen

    Buyer's Agent in 2015

    Scott Smolen

    RE/MAX

    (301) 651-1261

    156 Total Sales

    Scott Smolen
    Section Image
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Map

Source: Bright MLS

MLS Number: 1004342302

Bright MLS

APN: 04-000-90031391

Maryland Anne Arundel County Gambrills 21054

1179 Summerfield Rd, Gambrills, MD

This home is located at 1179 Summerfield Rd, Gambrills, MD 21054 since 15 March 2011 and is currently estimated at $1,289,624, approximately $1,128 per square foot. 1179 Summerfield Rd is a home located in Anne Arundel County with nearby schools including Four Seasons Elementary School, Arundel Middle School, and Arundel High School.

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