NOT LISTED FOR SALE

1207 Old Madison Rd Madison, MD 21648

Estimated Value: $155,000 - $282,000

3 Beds
2 Baths
1,308 Sq Ft
$158/Sq Ft Est. Value

Last Sold April 12, 2024

Last sale price $133,350 $102 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $1,258/month

22 Days on Market

Highlights

  • Water Views
  • Water Oriented
  • Wood Flooring
  • South Dorchester School Rated 10
  • Wood Burning Stove
  • Main Floor Bedroom

About This Home

As of April 2024

ONLINE REAL ESTATE AUCTION!! Bidding Opens - Tuesday, February 27, 2024. Bidding Closes - Thursday, February 29, 2024 at 11:00 AM. List price is opening bid only. The home had a broken pipe which caused water damage. Some furniture may remain in the property at closing.

1207 Old Madison Road is located in Madison, MD, approximately 10 miles southwest of Cambridge and 2 miles east of Taylor’s Island, on Maryland’s Eastern Shore. The property is opposite Madison Bay, which leads to the Choptank River and Chesapeake Bay. A public boat ramp is one block away. The surrounding area is rural in character with maritime amenities. US-50 is approximately 15 minutes east of the home.

Last Agent to Sell the Property

Daniel Billig

A.J. Billig & Company License #42780 Listed on: 02/07/2024

Last Buyer's Agent

Daniel Billig

A.J. Billig & Company License #42780 Listed on: 02/07/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,347

Year Built

  • Built in 1940

Lot Details

  • 0.25 Acre Lot

Home Design

  • Cottage
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,308 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Vinyl Clad Windows
  • Double Hung Windows
  • Sliding Doors
  • Living Room
  • Dining Room
  • Water Views
  • Crawl Space

Kitchen

  • Electric Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom

Outdoor Features

  • Water Oriented
  • Property near a bay

Utilities

  • Central Air
  • Heat Pump System
  • 200+ Amp Service
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Madison Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1016002186

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,347

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2024-02-12
  • Year Built: 1940
  • Automatically Close On Close Date: No
  • Remarks Public: ONLINE REAL ESTATE AUCTION!! Bidding Opens - Tuesday, February 27, 2024. Bidding Closes - Thursday, February 29, 2024 at 11:00 AM. List price is opening bid only. The home had a broken pipe which caused water damage. Some furniture may remain in the property at closing. 1207 Old Madison Road is located in Madison, MD, approximately 10 miles southwest of Cambridge and 2 miles east of Taylor’s Island, on Maryland’s Eastern Shore. The property is opposite Madison Bay, which leads to the Choptank River and Chesapeake Bay. A public boat ramp is one block away. The surrounding area is rural in character with maritime amenities. US-50 is approximately 15 minutes east of the home.
  • Special Features: Auction
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven/Range - Electric, Refrigerator, Dishwasher
  • Flooring Type: Hardwood, Vinyl
  • Interior Amenities: Entry Level Bedroom, Stove - Wood, Wood Floors
  • Window Features: Double Hung, Vinyl Clad
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Sliding Glass
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Bathroom 1, Bathroom 2
  • Basement: No
  • Total Sq Ft: 1308
  • Living Area Sq Ft: 1308
  • Price Per Sq Ft: 38.23
  • Above Grade Finished Sq Ft: 1308
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1207

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Roof: Shingle
  • View: Water
  • Water Access: No
  • Water Body Name: Madison Bay
  • Water Body Type: Bay
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Private Septic Tank
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: DORCHESTER COUNTY PUBLIC SCHOOLS
  • School District Key: 121139665361
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: R
  • Lot Size Acres: 0.25
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10890.00
  • Year Assessed: 2023
  • Zoning: V
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1347.00
  • Assessor Parcel Number: 1016002186
  • Tax Total Finished Sq Ft: 1308
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 04/12/2024

MLS Schools

  • School District Name: DORCHESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2024
Closed on
Apr 12, 2024
Sold by
Pelham Cullen Peter
Bought by
Weir Galway J and Weir Lee Ann
Seller's Agent
Daniel Billig
A.J. Billig & Company
Buyer's Agent
Daniel Billig
A.J. Billig & Company
List Price
$50,000
Sold Price
$133,350
Premium/Discount to List
$83,350
166.7%
Views
242
Current Estimated Value
$206,454

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,104
Avg. Annual Appreciation
12.53%

Purchase Details

Closed on
Feb 10, 2012
Sold by
Kelley Paula I and Kelley Adam S
Bought by
Cullen Peter Pelham

Purchase Details

Closed on
Jul 19, 2005
Sold by
Killmon Donald L and Killmon Joanne T
Bought by
Kelley Adam S and Kelley Paula I

Purchase Details

Closed on
Jun 30, 2005
Sold by
Killmon Donald L and Killmon Joanne T
Bought by
Kelley Adam S and Kelley Paula I

Purchase Details

Closed on
Jan 6, 1984
Sold by
Keene Leola G F and Keene Allan M
Bought by
Killmon Donald L and Killmon Joanne T
Source: Public Records

Range of Values:

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Average Value
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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
Weir Galway J $133,350 Sage Title
Cullen Peter Pelham $157,000 Certified Title Corporation
Kelley Adam S $45,000 --
Kelley Adam S $45,000 --
Killmon Donald L $38,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kelley Adam S $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2024 04/12/24 Sold $133,350 +166.7% $102 / Sq Ft
02/29/2024 02/29/24 Pending -- -- --
02/07/2024 02/07/24 For Sale $50,000 -- $38 / 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 $1,637 $138,100 $0 $0
2024 $1,407 $129,600 $0 $0
2023 $1,407 $121,100 $32,300 $88,800
2022 $1,407 $121,100 $32,300 $88,800
2021 $1,662 $121,100 $32,300 $88,800
2020 $1,662 $144,100 $37,300 $106,800
2019 $1,662 $144,100 $37,300 $106,800
2018 $1,662 $144,100 $37,300 $106,800
2017 $1,625 $144,100 $0 $0
2016 -- $132,733 $0 $0
2015 -- $121,367 $0 $0
2014 $839 $110,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDDO2006606

Bright MLS

APN: 16-002186