NOT LISTED FOR SALE

16206 Walnut Ridge Rd SE Oldtown, MD 21555

Estimated Value: $48,000 - $88,249

4.57 Acres
$15,773 Price per Acre
199,069 Sq Ft Lot

Last Sold May 29, 2018

Last sale price $27,000 $43 Per Sq Ft

Est. 167% increase in value since last sale

Current estimated payment $437/month

7 Days on Market

About This Lot

As of May 2018

4.5 Acres with secluded "Hidden from View" home site. Nice mix of open yard and trees inc fruit trees. This may be just the spot for your new country home or rehab the existing cottage. Electric, well and septic there. The septic is approved by health dept for a 2 BR dwelling. Value is in the land & utilities on site. Near C&O Canal and North Branch for hiking, biking, fishing.

Last Agent to Sell the Property

Cynthia Barron

Better Homes & Gardens Real Estate Old Line Group License #RS278326 Listed on: 05/10/2018

Last Buyer's Agent

Cynthia Barron

Better Homes & Gardens Real Estate Old Line Group License #RS278326 Listed on: 05/10/2018

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $312

Lot Details

  • 4.57 Acre Lot

Property Views

  • Woods
  • Mountain

Utilities

  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Oldtown Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0116002690

Property Details

Property Type

Land

Est. Annual Taxes

$312

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Recreation
  • New Construction: No
  • Expected On Market: 2018-05-10
  • Remarks Public: 4.5 Acres with secluded "Hidden from View" home site. Nice mix of open yard and trees inc fruit trees. This may be just the spot for your new country home or rehab the existing cottage. Electric, well and septic there. The septic is approved by health dept for a 2 BR dwelling. Value is in the land & utilities on site. Near C&O Canal and North Branch for hiking, biking, fishing.
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement: No
  • Price Per Sq Ft: 0.15
  • Street Number Modifier: 16206

Exterior Features

  • View: Mountain, Trees/Woods
  • 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: Well

Condo/Co-op/Association

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

Schools

  • School District: ALLEGANY COUNTY PUBLIC SCHOOLS
  • School District Key: 121140562208

Lot Info

  • Improvement Assessed Value: 1000.00
  • Lot Size Acres: 4.57
  • Lot Size Area: 199069
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 199069.00
  • Possible Use: Residential, Double-Wide, Livestock, Recreational
  • Year Assessed: 2018
  • Zoning: A

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14925488
  • Tax Annual Amount: 312.26
  • Assessor Parcel Number: 0116002690
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 05/29/2018

MLS Schools

  • School District Name: ALLEGANY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2018
Closed on
May 29, 2018
Sold by
Michael Eric A
Bought by
Fink William and Wyatt Susan
Seller's Agent
Cynthia Barron
Better Homes & Gardens Real Estate Old Line Group
Buyer's Agent
Cynthia Barron
Better Homes & Gardens Real Estate Old Line Group
List Price
$29,000
Sold Price
$27,000
Premium/Discount to List
-$2,000
-6.9%
Current Estimated Value
$72,083

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,083
Avg. Annual Appreciation
20.09%

Purchase Details

Listed on
Sep 7, 2016
Closed on
Oct 11, 2016
Sold by
Davis Babu
Bought by
Michael Eric A
Seller's Agent
SHENGNAN WANG
Realty Aspire
Buyer's Agent
William Logsdon
Coldwell Banker Premier
List Price
$23,900
Sold Price
$17,500
Premium/Discount to List
-$6,400
-26.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.48%

Purchase Details

Listed on
Apr 25, 2016
Closed on
Jun 8, 2016
Sold by
The Bank Of New York Mellon
Bought by
Davis Babu
Seller's Agent
Mark Van Tyne
Julian Agency Real Estate
Buyer's Agent
Non Member Member
Metropolitan Regional Information Systems, Inc.
List Price
$16,000
Sold Price
$6,000
Premium/Discount to List
-$10,000
-62.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8550.24%

Purchase Details

Closed on
Feb 24, 2016
Sold by
Brown Christina M
Bought by
The Bank Of New York Mellon

Purchase Details

Closed on
Jun 30, 1995
Sold by
Brown Ronald A
Bought by
Brown Christina M

Purchase Details

Closed on
May 6, 1988
Sold by
Mercer Frank
Bought by
Brown Ronald A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,375
Interest Rate
10.32%
Source: Public Records

Range of Values:

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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
Fink William $27,000 Certified Title Corp
Michael Eric A $17,500 Attorney
Davis Babu $6,000 Attorney
The Bank Of New York Mellon $24,580 None Available
Brown Christina M -- --
Brown Ronald A $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brown Ronald A $23,375
Closed Brown Christina M --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2018 05/29/18 Sold $27,000 -6.9% $43 / Sq Ft
05/18/2018 05/18/18 Pending -- -- --
05/10/2018 05/10/18 For Sale $29,000 +65.7% $46 / Sq Ft
10/11/2016 10/11/16 Sold $17,500 -12.1% $28 / Sq Ft
10/03/2016 10/03/16 Pending -- -- --
09/28/2016 09/28/16 Price Changed $19,900 -16.7% $32 / Sq Ft
09/07/2016 09/07/16 For Sale $23,900 +298.3% $38 / Sq Ft
07/15/2016 07/15/16 Sold $6,000 -62.5% $7 / Sq Ft
06/01/2016 06/01/16 Pending -- -- --
04/25/2016 04/25/16 For Sale $16,000 -- $19 / 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 $469 $44,800 $0 $0
2024 $469 $43,100 $38,500 $4,600
2023 $454 $41,733 $0 $0
2022 $439 $40,367 $0 $0
2021 $420 $39,000 $33,900 $5,100
2020 $401 $36,933 $0 $0
2019 $379 $34,867 $0 $0
2018 $309 $28,700 $27,700 $1,000
2017 $310 $28,700 $0 $0
2016 $313 $28,700 $0 $0
2015 $401 $36,800 $0 $0
2014 $401 $36,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000868752

Bright MLS

APN: 16-002690