NOT LISTED FOR SALE

1561 Frazee Ridge Rd Friendsville, MD 21531

Estimated Value: $223,000 - $291,883

16.4 Acres
$15,424 Price per Acre
714,384 Sq Ft Lot

Last Sold September 23, 2016

Last sale price $140,000

Est. 81% increase in value since last sale

Current estimated payment $1,737/month

32 Days on Market

Highlights

  • Barn
  • Private Lot
  • Partially Wooded Lot
  • 16.4 Acre Lot
  • Pond
  • No HOA

About This Lot

As of September 2016

Breathtaking mountain and valley views! Perfect location to build your dream home on this 16.64 acre parcel. Oversized pole barn on site with electric, insulated roof and bathroom. 3 bedroom septic in place. One bedroom trailer on site conveys with purchase. Call today for more info!

Last Agent to Sell the Property

Cynthia Mahoney

Railey Realty, Inc. License #517262 Listed on: 06/08/2016

Railey Realty, Inc.

Last Buyer's Agent

Beverly Everett

Taylor Made Deep Creek Vacations & Sales

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $743

Lot Details

  • 16.4 Acre Lot
  • Private Lot
  • Cleared Lot
  • Partially Wooded Lot
  • Cost To Obtain Building Permits

Schools

  • Friendsville Elementary School
  • Northern Middle School
  • Northern Garrett High School

Farming

  • Barn

Utilities

  • Spring water is a source of water for the property
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 1202017849

Community Details

Overview

  • No Home Owners Association

Recreation

  • Pond

Property Details

Property Type

Land

Est. Annual Taxes

$743

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential, Recreation
  • New Construction: No
  • Remarks Public: Breathtaking mountain and valley views! Perfect location to build your dream home on this 16.64 acre parcel. Oversized pole barn on site with electric, insulated roof and bathroom. 3 bedroom septic in place. One bedroom trailer on site conveys with purchase. Call today for more info!
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement: No
  • Price Per Sq Ft: 0.27
  • Street Number Modifier: 1561

Exterior Features

  • Other Structures: Barn
  • Other Structures List: Barn
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Septic Exists
  • Water Source: Spring

Condo/Co-op/Association

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

Schools

  • School District: GARRETT COUNTY PUBLIC SCHOOLS
  • Elementary School: FRIENDSVILLE
  • Middle School: NORTHERN
  • High School: NORTHERN GARRETT HIGH
  • School District Key: 121139907558
  • Elementary School: FRIENDSVILLE
  • High School: NORTHERN GARRETT HIGH
  • Middle Or Junior School: NORTHERN

Lot Info

  • Improvement Assessed Value: 20800.00
  • Lot Features: Private, Pond, Partly Wooded, Cleared
  • Lot Size Acres: 16.40
  • Lot Size Area: 714384
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 714384.00
  • Possible Use: Recreational, Residential
  • Year Assessed: 2016
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15643045
  • Tax Annual Amount: 742.75
  • Assessor Parcel Number: 1202017849
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015
  • Close Date: 09/23/2016

MLS Schools

  • School District Name: GARRETT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2016
Closed on
Sep 23, 2016
Sold by
Thomas Joseph C and Thomas Barbara S
Bought by
Scott William L and Scott Michelle D
Seller's Agent
Cynthia Mahoney
Railey Realty, Inc.
Buyer's Agent
Beverly Everett
Taylor Made Deep Creek Vacations & Sales
List Price
$189,900
Sold Price
$140,000
Premium/Discount to List
-$49,900
-26.28%
Current Estimated Value
$252,961

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,961
Avg. Annual Appreciation
6.57%

Purchase Details

Closed on
Jun 20, 1991
Sold by
Lowdermilk Wilbur G and Lowdermilk Beulah L
Bought by
Thomas Joseph C and Thomas Barbara S
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
Scott William L $140,000 Attorney
Thomas Joseph C $3,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scott William L $360,000
Closed Scott William L $360,000
Closed Scott Michelle D $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2016 09/23/16 Sold $140,000 -26.3% --
07/10/2016 07/10/16 Pending -- -- --
06/08/2016 06/08/16 For Sale $189,900 -- --
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 $4,334 $381,800 $0 $0
2024 $806 $69,000 $46,600 $22,400
2023 $800 $68,467 $0 $0
2022 $793 $67,933 $0 $0
2021 $787 $67,400 $46,600 $20,800
2020 $787 $67,400 $46,600 $20,800
2019 $787 $67,400 $46,600 $20,800
2018 $743 $67,400 $46,600 $20,800
2017 $743 $67,400 $0 $0
2016 -- $67,400 $0 $0
2015 -- $67,400 $0 $0
2014 -- $67,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003914879

Bright MLS

APN: 02-017849