NOT LISTED FOR SALE

1585 Francis Scott Key Hwy Keymar, MD 21757

Estimated Value: $519,000 - $675,489

13.35 Acres
$43,567 Price per Acre
581,526 Sq Ft Lot

Last Sold January 24, 2023

Last sale price $500,000 $194 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,484/month

275 Days on Market

About This Lot

As of January 2023

Wonderful opportunity in Carroll County Maryland. Keymar Airpark (MD42), established in 1971 is a registered airport within the state of Maryland. There are two large hangars on the field generating monthly income. The first hangar built in 2004 is an erect-a-tube hangar measuring 50x100 feet. It has 4 separate hangar doors and has a concrete floor. This hangar can be added on to if necessary. The second hangar, built in 1999, is a Quonset hangar measuring 50x100 with two hangar doors. Both hangars are fully leased, generating $2,200 per month The runway is turf, 1,950 x 100, with low intensity lights. Current zoning makes it possible to add more hangars on the property, build your dream home or both. The commercial aspect of the property can be changed from an airpark to over 70 approved uses within the agricultural zoning. Please verify with Carroll County zoning! The property has passed perc test. The airpark is private property. If you go and see the airpark without an appointment you are trespassing on private property. Please contact the listing agent to make an appointment.

Last Agent to Sell the Property

Sarah McNelis

Long & Foster Real Estate, Inc. Listed on: 03/09/2022

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Todd Nemeroff

Cummings & Co. Realtors License #602781

Cummings & Co. Realtors

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,619

Lot Details

  • 13.35 Acre Lot
  • Property is zoned AGRICULTURAL/COMMERCIAL, Land is zoned agricultural with approved commercial use.

Property Views

  • Panoramic
  • Mountain

Utilities

  • Well Required
  • Perc Approved Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0710005655

Property Details

Property Type

Land

Est. Annual Taxes

$5,619

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Commercial
  • Exclusions: Mower
  • Inclusions: Roller for Runway
  • Automatically Close On Close Date: No
  • Remarks Public: Wonderful opportunity in Carroll County Maryland. Keymar Airpark (MD42), established in 1971 is a registered airport within the state of Maryland. There are two large hangars on the field generating monthly income. The first hangar built in 2004 is an erect-a-tube hangar measuring 50x100 feet. It has 4 separate hangar doors and has a concrete floor. This hangar can be added on to if necessary. The second hangar, built in 1999, is a Quonset hangar measuring 50x100 with two hangar doors. Both hangars are fully leased, generating $2,200 per month The runway is turf, 1,950 x 100, with low intensity lights. Current zoning makes it possible to add more hangars on the property, build your dream home or both. The commercial aspect of the property can be changed from an airpark to over 70 approved uses within the agricultural zoning. Please verify with Carroll County zoning! The property has passed perc test. The airpark is private property. If you go and see the airpark without an appointment you are trespassing on private property. Please contact the listing agent to make an appointment.
  • Special Features: VirtualTour

Interior Features

  • Price Per Sq Ft: 0.93
  • Street Number Modifier: 1585

Exterior Features

  • Construction Completed: No
  • View: Panoramic, Mountain
  • 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: Perc Approved Septic
  • Water Source: Well Required

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: CARROLL COUNTY PUBLIC SCHOOLS
  • School District Key: 121139051837
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Improvement Assessed Value: 277700.00
  • Land Use Code: R
  • Lot Size Acres: 13.35
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 581526.00
  • Perc Sites: 1
  • Possible Use: Agriculture, Commercial
  • Year Assessed: 2021
  • Zoning: AGRICULTURAL/COMMERCIAL
  • Zoning Description: Land is zoned agricultural with approved commercial use.
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Lease In Effect: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11468023
  • Tax Annual Amount: 5619.00
  • Assessor Parcel Number: 0710005655
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 01/24/2023

MLS Schools

  • School District Name: CARROLL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2022
Closed on
Aug 25, 2022
Sold by
Young Dennis P
Bought by
Myers Matthew R and Myers Tarah E
Seller's Agent
Sarah McNelis
Long & Foster Real Estate, Inc.
Buyer's Agent
Jay Cinquegrani
Berkshire Hathaway HomeServices Homesale Realty
List Price
$579,000
Sold Price
$525,000
Premium/Discount to List
-$54,000
-9.33%
Views
10
Current Estimated Value
$581,622

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,622
Avg. Annual Appreciation
4.43%
Original Mortgage
$472,500
Interest Rate
5%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Myers Matthew R $525,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Myers Matthew R $472,500
Previous Owner Young Brenda L $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2023 01/24/23 Sold $500,000 -7.2% $194 / Sq Ft
10/12/2022 10/12/22 Price Changed $539,000 +2.7% $209 / Sq Ft
08/25/2022 08/25/22 Sold $525,000 -4.4% $204 / Sq Ft
07/14/2022 07/14/22 Price Changed $549,000 -5.2% $213 / Sq Ft
06/25/2022 06/25/22 For Sale $579,000 -1.7% $225 / Sq Ft
05/31/2022 05/31/22 Price Changed $589,000 -12.7% $229 / Sq Ft
03/09/2022 03/09/22 For Sale $675,000 -- $262 / 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 $4,068 $549,567 $0 $0
2024 $4,068 $479,533 $0 $0
2023 $3,892 $342,200 $136,800 $205,400
2022 $4,823 $425,367 $0 $0
2021 $11,358 $491,933 $0 $0
2020 $11,016 $486,500 $208,800 $277,700
2019 $4,875 $478,867 $0 $0
2018 $5,337 $471,233 $0 $0
2017 $4,263 $385,300 $0 $0
2016 -- $375,300 $0 $0
2015 -- $365,300 $0 $0
2014 -- $355,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sarah McNelis

    Seller's Agent in 2023

    Sarah McNelis

    Long & Foster

    (410) 804-2375

    38 Total Sales

    Sarah McNelis
    Section Image
  • Todd Nemeroff

    Buyer's Agent in 2023

    Todd Nemeroff

    Cummings & Co Realtors

    (410) 409-0450

    111 Total Sales

    Todd Nemeroff
    Section Image
  • Jay Cinquegrani

    Buyer's Agent in 2022

    Jay Cinquegrani

    Berkshire Hathaway HomeServices Homesale Realty

    (410) 259-3680

    54 Total Sales

    Jay Cinquegrani
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDCR2006308

Bright MLS

APN: 10-005655

Maryland Carroll County Keymar 21757

1585 Francis Scott Key Hwy, Keymar, MD

This home is located at 1585 Francis Scott Key Hwy, Keymar, MD 21757 since 09 March 2022 and is currently estimated at $581,622, approximately $225 per square foot. 1585 Francis Scott Key Hwy is a home located in Carroll County with nearby schools including Elmer A. Wolfe Elementary School, Northwest Middle School, and Francis Scott Key High School.

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.

Bright MLS The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.

Nearby Homes