Seller's Agent in 2021
Ryan Maloney
Long & Foster
(410) 205-1919
22 Total Sales
2 W Railroad St Ridgely, MD 21660
Estimated Value: $310,972
--
Bed
--
Bath
3,490
Sq Ft
$89/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Forced Air Heating System
- Dwelling with Rental
- No HOA
- Electric Baseboard Heater
About This Home
As of October 2021Investment opportunity!!! Fully rented, great capitalization rate on this 4500+ sqft building. Building is brimming with Ridgely's proud history dating back to 1867. Property has been well maintained to preserve its condition. Both ground level units are successful businesses, 2nd floor 2 bedroom unit, 3rd floor 2 bedroom unit. Looking for cash flow or just a safe investment call today.
Last Agent to Sell the Property
(410) 205-1919 topsideproperties@yahoo.com Long & Foster Real Estate, Inc. License #680646 Listed on: 07/20/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,721
Year Built
- Built in 1890
Lot Details
- 4,595 Sq Ft Lot
Home Design
- Quadruplex
- Colonial Architecture
- Dwelling with Rental
- Block Foundation
- Metal Roof
Interior Spaces
- 3,490 Sq Ft Home
- Partial Basement
Parking
- 2 Parking Spaces
- 2 Off-Street Spaces
- On-Street Parking
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Heating System Uses Bio Fuel
- Electric Baseboard Heater
- Electric Water Heater
Community Details
- No Home Owners Association
- 4 Units
Listing and Financial Details
- The owner pays for sewer, water, trash collection
- Assessor Parcel Number 0607004699
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 7, 2023
Sold by
Nika Patrick W
Bought by
Aso Ridgely Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Outstanding Balance
$206,372
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$104,601
Purchase Details
Listed on
Jul 20, 2021
Closed on
Oct 21, 2021
Sold by
M & C Rentals Llc
Bought by
Nika Patrick W
Seller's Agent
Ryan Maloney
Long & Foster Real Estate, Inc.
Buyer's Agent
Carolyn Brock
Tesla Realty Group, LLC
List Price
$217,000
Sold Price
$190,000
Premium/Discount to List
-$27,000
-12.44%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.18%
Purchase Details
Closed on
Jul 31, 2000
Sold by
Riddleberger Matthew B
Bought by
M & C Rentals Llc
Purchase Details
Closed on
Jan 2, 1996
Sold by
Carroll Patsy L and Carroll Matthew
Bought by
Riddleberger Matthew B and Riddleberger Cynthia S
Purchase Details
Closed on
Dec 27, 1995
Sold by
Carroll Patsy L
Bought by
Carroll Patsy L and Carroll Matthew
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Aso Ridgely Llc | $280,000 | None Listed On Document | |
| Nika Patrick W | $190,000 | Global Title Inc | |
| M & C Rentals Llc | -- | -- | |
| Riddleberger Matthew B | -- | -- | |
| Carroll Patsy L | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Aso Ridgely Llc | $210,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/21/2021 10/21/21 | Sold | $190,000 | -12.4% | $54 / Sq Ft |
| 09/14/2021 09/14/21 | Pending | -- | -- | -- |
| 07/20/2021 07/20/21 | For Sale | $217,000 | -- | $62 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $2,583 | $203,800 | $0 | $0 |
| 2024 | $2,583 | $171,300 | $36,700 | $134,600 |
| 2023 | $2,620 | $171,200 | $0 | $0 |
| 2022 | $2,659 | $171,100 | $0 | $0 |
| 2021 | $0 | $171,000 | $36,700 | $134,300 |
| 2020 | $1,574 | $171,000 | $36,700 | $134,300 |
| 2019 | $5,508 | $171,000 | $36,700 | $134,300 |
| 2018 | $2,768 | $173,600 | $36,700 | $136,900 |
| 2017 | $2,626 | $168,267 | $0 | $0 |
| 2016 | -- | $162,933 | $0 | $0 |
| 2015 | $2,266 | $157,600 | $0 | $0 |
| 2014 | $2,266 | $157,600 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Ryan Maloney
-
Carolyn Brock
Buyer's Agent in 2021
Carolyn Brock
Tesla Realty Group, LLC
(302) 530-3891
73 Total Sales
Map
Source: Bright MLS
MLS Number: MDCM2000240
APN: 07-004699
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