NOT LISTED FOR SALE

12875 Backbone Rd Princess Anne, MD 21853

Princess Anne Area

Estimated Value: $146,000 - $6,370,000

Studio
1 Bath
912 Sq Ft
$4,133/Sq Ft Est. Value

About This Home

This home is located at 12875 Backbone Rd, Princess Anne, MD 21853 and is currently estimated at $3,769,734, approximately $4,133 per square foot. 12875 Backbone Rd is a home located in Somerset County with nearby schools including Well Watered Wells Leadership Academy.

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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Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 12, 2020
Sold by
Bought by
Current Estimated Value
$3,769,734

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
$2,847,888
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$921,846

Purchase Details

Closed on
Jan 27, 2020
Sold by
Bought by

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
Bought by

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
Bought by

Purchase Details

Closed on
Mar 20, 2007
Sold by
Bought by

Purchase Details

Closed on
Mar 15, 2007
Sold by
Bought by

Purchase Details

Closed on
Oct 16, 1987
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Princess Anne, MD

  • Laurie Cannon Real Estate Agent - ERA Martin Associates

    Laurie Cannon

    ERA Martin Associates

    (410) 936-3324

    133 Total Sales

    3 in Princess Anne

    $194K - $392K Price Range

    Laurie Cannon
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  • Cynthia Stevens Real Estate Agent - Wilson Realty

    Cynthia Stevens

    Wilson Realty

    (667) 281-1945

    166 Total Sales

    5 in Princess Anne

    $58K - $288K Price Range

    Cynthia Stevens
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  • Holly Worthington Real Estate Agent - Worthington Realty Group, LLC

    Holly Worthington

    Worthington Realty Group, LLC

    (443) 493-7652

    163 Total Sales

    7 in Princess Anne

    $25K - $268K Price Range

    Holly Worthington
     Section Image
  • Larry Makowski Real Estate Agent - Express Auctioneers, LLC

    Larry Makowski

    Express Auctioneers, LLC

    (443) 879-7241

    48 Total Sales

    1 in Princess Anne

    $20,500 Price

    Larry Makowski
     Section Image
  • Charlene Spence Real Estate Agent - The Spence Realty Group

    Charlene Spence

    Responds Quickly

    The Spence Realty Group

    (443) 727-1854

    130 Total Sales

    9 in Princess Anne

    $50K - $455K Price Range

    Charlene Spence
     Section Image
  • Justin Yon Real Estate Agent - Century 21 Home Team Realty

    Justin Yon

    Century 21 Home Team Realty

    (484) 779-6791

    76 Total Sales

    1 in Princess Anne

    $196,500 Price

    Justin Yon
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$3,720,000 None Available
-- None Available
-- None Available
$275,000 None Available
$211,100 --
$211,100 --
$229,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $3,230,000
Previous Owner $2,500,000
Previous Owner $100,000
Previous Owner $2,700,000
Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $36,809 $1,782,900 $58,300 $1,724,600
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

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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