NOT LISTED FOR SALE

18361 Cherryfield Rd Drayden, MD 20630

Estimated Value: $53,763 - $362,000

1.25 Acres
$144,203 Price per Acre
54,450 Sq Ft Lot

Last Sold March 29, 2024

Last sale price $8,000

Est. 2,153% increase in value since last sale

Current estimated payment $974/month

3 Days on Market

About This Lot

As of March 2024

Level buildable residential lot located in a the perfect setting for privacy! The roadway is already paved for you to make it your own. The town of Drayden sits among rolling hills, providing stunning views. The area is quiet and secluded, making it ideal for those looking for a peaceful retreat. There are plenty of outdoor activities to enjoy, such as walking trails through the lush forests or fishing at one of the many nearby lakes and rivers. If you prefer an indoor atmosphere, there are plenty of shops, restaurants and cultural attractions to explore. Allow yourself to enjoy the natural beauty of this awesome location.

Bring your cash offers. The seller will also consider financing the lot starting at a $6,000 downpayment with the remaining balance amortized over 48 months at 5% interest beginning on the first of each month until paid in full. Seller will consider all offers and terms.

Last Agent to Sell the Property

Jael Thomas

(703) 220-8306 jael.thomas@irvinrealtyllc.com Pearson Smith Realty, LLC License #0225252065 Listed on: 01/20/2024

Pearson Smith Realty, LLC

Last Buyer's Agent

Amy Scott

(240) 484-8887 a.scott.enterprisesllc@gmail.com OE Realty License #673809

Property Details

Property Type

  • Land

Lot Details

  • 1.25 Acre Lot
  • Property is zoned RPD

Utilities

  • Sewer Not Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1902007290

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 0.92

Exterior Features

  • Construction Completed: No
  • 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: No Sewer System

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 1.25
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 54450.00
  • Zoning: RPD
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 416.00
  • Assessor Parcel Number: 1902007290
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

MLS Schools

  • School District Name: ST. MARY'S COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2024
Closed on
Mar 29, 2024
Sold by
Rabatin Gary
Bought by
Bowles Joseph Michael
Seller's Agent
Jael Thomas
Pearson Smith Realty, LLC
Buyer's Agent
Amy Scott
OE Realty
List Price
$50,000
Sold Price
$8,000
Premium/Discount to List
-$42,000
-84%
Views
10
Current Estimated Value
$180,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,254
Avg. Annual Appreciation
453.72%

Purchase Details

Closed on
Sep 19, 2022
Sold by
St Marys County
Bought by
Rabatin Gary
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Bowles Joseph Michael $8,000 Lighthouse Title
Bowles Joseph Michael $8,000 Lighthouse Title
Rabatin Gary $481 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2024 03/29/24 Sold $8,000 -84.0% --
01/20/2024 01/20/24 For Sale $50,000 -- --
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 $458 $43,300 $43,300 $0
2024 $458 $43,300 $43,300 $0
2023 $458 $43,300 $43,300 $0
2022 $482 $45,600 $45,600 $0
2021 $473 $44,767 $0 $0
2020 $455 $43,933 $0 $0
2019 $424 $43,100 $43,100 $0
2018 $455 $43,100 $43,100 $0
2017 $448 $43,100 $0 $0
2016 -- $43,100 $0 $0
2015 $473 $43,100 $0 $0
2014 $473 $43,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDSM2016930

Bright MLS

APN: 02-007290