NOT LISTED FOR SALE

12875 Backbone Rd Princess Anne, MD 21853

Estimated Value: $216,000 - $6,195,000

Studio
1 Bath
912 Sq Ft
$4,077/Sq Ft Est. Value

About This Home

This home is located at 12875 Backbone Rd, Princess Anne, MD 21853 and is currently estimated at $3,718,658, approximately $4,077 per square foot. 12875 Backbone Rd is a home located in Somerset County with nearby schools including Well Watered Wells Leadership Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 12, 2020
Sold by
Topton Farms Llc
Bought by
Dinh Hang T
Current Estimated Value
$3,718,658

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,230,000
Outstanding Balance
$2,874,241
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$844,417

Purchase Details

Closed on
Jan 27, 2020
Sold by
Nguyen Ben Cong
Bought by
Topton Farms Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
3.74%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Sep 26, 2018
Sold by
Nguyen Ben C and Nguyen Loc Sharron
Bought by
Nguyen Ben Cong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,700,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 25, 2014
Sold by
Malone Brent W and Malone Woodrow W
Bought by
Nguyen Ben C and Nguyen Loc Sharron

Purchase Details

Closed on
Mar 20, 2007
Sold by
Bruce Tony
Bought by
Malone Brent W and Malone Woodrow W

Purchase Details

Closed on
Mar 15, 2007
Sold by
Bruce Tony
Bought by
Malone Brent W and Malone Woodrow W

Purchase Details

Closed on
Oct 16, 1987
Sold by
Bruce Charles A and Bruce Irene L
Bought by
Bruce Tony
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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
Dinh Hang T $3,720,000 None Available
Topton Farms Llc -- None Available
Nguyen Ben Cong -- None Available
Nguyen Ben C $275,000 None Available
Malone Brent W $211,100 --
Malone Brent W $211,100 --
Bruce Tony $229,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dinh Hang T $3,230,000
Previous Owner Topton Farms Llc $2,500,000
Previous Owner Topton Farms Llc $100,000
Previous Owner Nguyen Ben Cong $2,700,000
Source: Public Records

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 $36,809 $1,640,733 $0 $0
2024 $16,960 $1,498,567 $0 $0
2023 $15,379 $1,356,400 $40,800 $1,315,600
2022 $15,126 $1,333,600 $0 $0
2021 $30,251 $1,310,800 $0 $0
2020 $14,471 $1,288,000 $36,800 $1,251,200
2019 $14,471 $1,288,000 $36,800 $1,251,200
2018 $0 $1,288,000 $36,800 $1,251,200
2017 $14,887 $1,326,900 $0 $0
2016 $952 $1,325,467 $0 $0
2015 $952 $85,633 $0 $0
2014 -- $84,200 $0 $0
Source: Public Records

Map

Maryland Somerset County Princess Anne 21853

12875 Backbone Rd, Princess Anne, MD

Not Listed for Sale

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