NOT LISTED FOR SALE

201 Mill St Cambridge, MD 21613

Estimated Value: $335,328

-- Bed
-- Bath
-- Sq Ft
1.86 Acres

Last Sold March 15, 2022

Last sale price $295,000

Est. 14% increase in value since last sale

Current estimated payment $2,202/month

Highlights

  • Water Oriented
  • Wood Flooring
  • No HOA
  • 1.86 Acre Lot
  • Corner Lot
  • 4-minute walk to Long Wharf Park

About This Home

As of March 2022

Please join the Renaissance ongoing in Cambridge! This iconic "Academy School" was designed by the famous architect Benjamin J. Brown and was completed in 1903 as an elementary school. Sited on 1.86 park-like acres, just blocks from the mighty Choptank, this historic gem has been approved for up to 8 condo units. Alternatively, it could be made into 4 luxury units with 12 foot ceilings and tall majestic windows overlooking Cambridge's prestigious Mill Street. Located just 2 blocks from The Cambridge Yacht Club and Marinas and in close proximity to all the downtown restaurants, bars and shops...this 201 Mill Street address is superb! Historic tax credits are available if the building is held for 5 years. Please call for details.

Last Agent to Sell the Property

Mary Losty

(215) 920-3595 mary.losty@compass.com Compass License #656394 Listed on: 11/05/2021

Compass

Last Buyer's Agent

Darrell Walker

(703) 862-3587 dwalker@davis-strategic.com Keller Williams Realty Delmarva License #0225267093

Keller Williams Realty Delmarva

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,518

Year Built

  • Built in 1903

Lot Details

  • 1.86 Acre Lot
  • Corner Lot
  • Historic Home
  • Property is zoned NC-3

Home Design

  • Brick Exterior Construction
  • Slate Roof

Interior Spaces

  • Property has 2 Levels
  • Wood Flooring
  • Basement

Parking

  • Public Parking
  • Private Parking
  • On-Street Parking
  • Parking Lot

Accessible Home Design

  • Level Entry For Accessibility

Outdoor Features

  • Water Oriented
  • River Nearby

Schools

  • Cambridge-South Dorchester High School

Community Details

  • No Home Owners Association
  • Historic District West End Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 1007173814

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,518

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • Historic: Yes
  • New Construction: No
  • Story List: Main
  • Year Built: 1903
  • Automatically Close On Close Date: No
  • Remarks Public: Please join the Renaissance ongoing in Cambridge! This iconic "Academy School" was designed by the famous architect Benjamin J. Brown and was completed in 1903 as an elementary school. Sited on 1.86 park-like acres, just blocks from the mighty Choptank, this historic gem has been approved for up to 8 condo units. Alternatively, it could be made into 4 luxury units with 12 foot ceilings and tall majestic windows overlooking Cambridge's prestigious Mill Street. Located just 2 blocks from The Cambridge Yacht Club and Marinas and in close proximity to all the downtown restaurants, bars and shops...this 201 Mill Street address is superb! Historic tax credits are available if the building is held for 5 years. Please call for details.
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Wood
  • Foundation Details: Other
  • Levels Count: 2
  • Basement: Yes
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 201

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Roof: Slate
  • Water Access: No
  • Water Body Type: River
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Private, Public
  • Type Of Parking: On Street, Parking Lot

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: DORCHESTER COUNTY PUBLIC SCHOOLS
  • High School: CAMBRIDGE-SOUTH DORCHESTER
  • School District Key: 121139665361
  • School District Source: Listing Agent
  • High School: CAMBRIDGE-SOUTH DORCHESTER

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Assessed Value: 46500.00
  • Land Use Code: 104
  • Lot Features: Corner
  • Lot Size Acres: 1.86
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 81022.00
  • Year Assessed: 2021
  • Zoning: NC-3
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 5313173
  • Tax Annual Amount: 1518.00
  • Assessor Parcel Number: 1007173814
  • Tax Lot: 1
  • Tax Year: 2021
  • Close Date: 03/15/2022

MLS Schools

  • School District Name: DORCHESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2021
Closed on
Mar 14, 2022
Sold by
Cambridge School House Associates Llc
Bought by
Collegiate Rentals Llc and Davis Strategic Development Llc
Seller's Agent
Mary Losty
Compass
Buyer's Agent
Darrell Walker
Keller Williams Realty Delmarva
List Price
$350,000
Sold Price
$295,000
Premium/Discount to List
-$55,000
-15.71%
Current Estimated Value
$335,328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,328
Avg. Annual Appreciation
3.68%

Purchase Details

Closed on
Apr 19, 2002
Sold by
Golden Shore Christian School
Bought by
Cambridge School House Assoc Llc
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
Collegiate Rentals Llc $295,000 Maloney Thomas J
Cambridge School House Assoc Llc $85,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2022 03/15/22 Sold $295,000 -15.7% --
11/05/2021 11/05/21 For Sale $350,000 -- --
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 $5,100 $271,500 $36,400 $235,100
2024 $2,744 $215,033 $0 $0
2023 $2,744 $148,467 $0 $0
2022 $6,055 $81,900 $46,500 $35,400
2021 $1,518 $81,200 $0 $0
2020 $1,518 $80,500 $0 $0
2019 $1,521 $79,800 $46,500 $33,300
2018 $726 $78,333 $0 $0
2017 $1,386 $76,867 $0 $0
2016 -- $75,400 $0 $0
2015 -- $75,400 $0 $0
2014 -- $75,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDDO2001024

Bright MLS

APN: 07-173814