$485,000
SOLD MAR 14, 2025

1243 Old Madison Rd Madison, MD 21648

5 Beds
3 Baths
3,049 Sq Ft
8.51 Acres

Recently Sold

$159 Per Sq Ft

12% Below List Price

12 Days on Market

Highlights

  • Private Pool
  • Water Oriented
  • Curved or Spiral Staircase
  • South Dorchester School Rated 10
  • River View
  • Cape Cod Architecture

About This Home

As of March 2025

EASTERN SHORE RETREAT- Wake-up to stunning Madison Bay views in this renovated 5 bedroom, 3 bathroom home on 8.51+/- acres. Perfect for outdoor enthusiasts or an Airbnb investment. This property combines comfort, nature and modern amenities.
KEY FEATURES: Open living areas, and a large country kitchen with pantry and mudroom. RECENT UPGRADES: New HVAC, New roof, wood stove and ultra high-speed internet. DETACHED GARAGE/SHOP: 1,250+/- sf climate-controlled space with wood stove and storage. Ideal for vehicle/boat storage, a workshop and/or dream hang-out space. OUTDOOR OASIS: In-ground pool with pool house, stone landscaping, and space for hunting, fishing, and wildlife watching right in your backyard. PROXIMITY TO THE CHESAPEAKE BAY: Minutes to local boat ramp for easy access to boating and fishing. AIRBNB POTENTIAL: Scenic views and ample space make this ideal for short term rentals.
This property offers the best of Eastern Shore living - schedule a showing today!

Last Agent to Sell the Property

Bill Hubbard

(443) 205-5170 whubbard48@yahoo.com Coldwell Banker Realty Listed on: 01/13/2025

Coldwell Banker Realty

Last Buyer's Agent

Lisa Knotts

(302) 362-6365 lisaknotts1@gmail.com Meredith Fine Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,528

Year Built

  • Built in 1900

Lot Details

  • 8.51 Acre Lot
  • Partially Fenced Property
  • Also includes map 50, parcel 173 (tax id# 16-008109)

Parking

  • 2 Car Detached Garage
  • 1 Open Parking Space
  • 8 Driveway Spaces
  • Front Facing Garage

Home Design

  • Cape Cod Architecture
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,049 Sq Ft Home
  • Property has 2 Levels
  • Curved or Spiral Staircase
  • Crown Molding
  • Ceiling Fan
  • Fireplace With Glass Doors
  • Entrance Foyer
  • Living Room
  • Combination Kitchen and Dining Room
  • River Views
  • Crawl Space
  • Home Security System
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Stove
  • Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Upgraded Countertops

Bedrooms and Bathrooms

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Level Entry For Accessibility

Outdoor Features

  • Private Pool
  • Water Oriented
  • River Nearby

Utilities

  • Central Air
  • Back Up Electric Heat Pump System
  • Vented Exhaust Fan
  • 200+ Amp Service
  • 100 Amp Service
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Madison Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1016004405 & 1016008109

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,528

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • Exclusions: drapes/curtains, refrigerator in shop, home comfor wood stove/oven in garage, hunting blind, all tools & fishing equipment, kitchen island, small chicken coops & freezer in mud room.
  • Inclusions: pool furniture, picnic tables, Fischer wood stove in shop, large red chicken coop, raised garden
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2025-01-13
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Washer, Cooktop, Dishwasher, Exhaust Fan, Microwave, Refrigerator, Stove, Oven - Wall, Freezer
  • Interior Amenities: Attic, Breakfast Area, Combination Kitchen/Dining, Dining Area, Upgraded Countertops, Crown Moldings, Curved Staircase, Entry Level Bedroom
  • Fireplace Features: Fireplace - Glass Doors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Foyer, Bedroom 1, Bathroom 1, Bathroom 2, Bathroom 3
  • Basement: No
  • Total Sq Ft: 3049
  • Living Area Sq Ft: 3049
  • Price Per Sq Ft: 180.06
  • Above Grade Finished Sq Ft: 3049
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Exterior Features: Sidewalks
  • Roof: Architectural Shingle
  • View: Water, River
  • Water Access: No
  • Water Body Name: Madison Bay
  • Water Body Type: River
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Open Parking Spaces Count: 1
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 10
  • Type Of Parking: Detached Garage, Driveway
  • Number of Spaces in Driveway: 8

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Electric Service: 200+ Amp Service, 100 Amp Service
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: also includes map 50, parcel 173 (tax id# 16-008109)
  • Fencing: Partially
  • Lot Size Acres: 8.51
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 370695.60
  • Zoning: V
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2528.08
  • Assessor Parcel Number: 1016004405 & 1016008109
  • Tax Year: 2024

MLS Schools

  • School District Name: DORCHESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2025
Closed on
Mar 14, 2025
Sold by
Oberst Paul T and Abbott Tori L
Bought by
Weir Lee Ann and Weir Michael Galway
Seller's Agent
Bill Hubbard
Coldwell Banker Realty
Buyer's Agent
Lisa Knotts
Meredith Fine Properties
List Price
$549,000
Sold Price
$485,000
Premium/Discount to List
-$64,000
-11.66%
Views
81
Current Estimated Value
$485,814

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$814
Avg. Annual Appreciation
0.22%
Original Mortgage
$208,000
Outstanding Balance
$206,940
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$278,875

Purchase Details

Listed on
Oct 27, 2017
Closed on
Jan 9, 2018
Sold by
Samuel Dean M and Samuel Lauren D
Bought by
Abbott Tori L
Seller's Agent
Valerie Brown
Charles C. Powell, Inc. Realtors
Buyer's Agent
Penny Windsor
Benson & Mangold, LLC
List Price
$224,500
Sold Price
$210,000
Premium/Discount to List
-$14,500
-6.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.36%
Original Mortgage
$199,500
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 9, 2010
Closed on
May 21, 2013
Sold by
Miller Dennis B and Willey Sharon Lynn
Bought by
Samuel Dean M and Devlin Lauren Colleen
Seller's Agent
Sue Wyatt
Coldwell Banker Realty
Buyer's Agent
Valerie Brown
Charles C. Powell, Inc. Realtors
List Price
$199,999
Sold Price
$183,000
Premium/Discount to List
-$16,999
-8.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.01%
Original Mortgage
$173,850
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 27, 1994
Sold by
Miller Ernest Frederick And
Bought by
Miller Ernest Frederick and Miller Jean Betty
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Deed $485,000 First American Title
Deed $485,000 First American Title
Deed $210,000 Cambridge Title Co
Deed $183,000 Cambridge Title Company
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $208,000 New Conventional
Closed $208,000 New Conventional
Previous Owner $199,500 New Conventional
Previous Owner $173,850 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/14/2025 03/14/25 Sold $485,000 -11.7% $159 / Sq Ft
01/26/2025 01/26/25 Pending -- -- --
01/13/2025 01/13/25 For Sale $549,000 +161.4% $180 / Sq Ft
01/09/2018 01/09/18 Sold $210,000 -6.5% $69 / Sq Ft View Prior Sale
11/27/2017 11/27/17 Pending -- -- --
10/27/2017 10/27/17 For Sale $224,500 +22.7% $74 / Sq Ft
05/21/2013 05/21/13 Sold $183,000 -8.5% $60 / Sq Ft View Prior Sale
03/21/2013 03/21/13 Pending -- -- --
02/18/2013 02/18/13 For Sale $199,999 0.0% $66 / Sq Ft
02/07/2013 02/07/13 Pending -- -- --
11/20/2012 11/20/12 Price Changed $199,999 -16.7% $66 / Sq Ft
02/13/2012 02/13/12 Price Changed $240,000 -20.0% $79 / Sq Ft
08/29/2011 08/29/11 Price Changed $299,999 -14.3% $98 / Sq Ft
05/31/2011 05/31/11 Price Changed $350,000 -17.6% $115 / Sq Ft
09/09/2010 09/09/10 For Sale $425,000 -- $139 / 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 $2,761 $241,800 $0 $0
2024 $2,333 $225,800 $0 $0
2023 $2,333 $209,800 $41,500 $168,300
2022 $4,654 $209,267 $0 $0
2021 $2,315 $208,733 $0 $0
2020 $2,315 $208,200 $42,000 $166,200
2019 $2,315 $208,200 $42,000 $166,200
2018 $2,315 $208,200 $42,000 $166,200
2017 $2,261 $208,200 $0 $0
2016 -- $205,600 $0 $0
2015 -- $203,000 $0 $0
2014 -- $200,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDDO2008688

Bright MLS

APN: 16-004405