NOT LISTED FOR SALE

26220 Mullinix Mill Rd Mount Airy, MD 21771

Estimated Value: $613,000 - $2,777,296

101 Acres
$21,165 Price per Acre
4,386,928 Sq Ft Lot

Last Sold March 01, 2018

Last sale price $1,860,000 $1,076 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $12,384/month

192 Days on Market

Highlights

  • Guest House
  • Horse Facilities
  • 100.71 Acre Lot
  • Damascus Elementary School Rated A-
  • Barn or Stable
  • Machine Shed

About This Lot

As of March 2018

The property is a 100 acre horse boarding/training facility located in Damascus Md. There are 45 stalls, divided between 2 barns, that rent for $700 per month gross and 30 boarders that pay field board of $300/mo.The farm has 2 grooms cottages,2 riding rings,one is a 95x220 indoor facility and the 2nd a 200x300 outdoor ring,both with synthetic footing. GREAT INCOME PRODUCING FARM!

Last Agent to Sell the Property

Tim Shaw

Weichert, REALTORS Listed on: 05/08/2017

Last Buyer's Agent

Tim Shaw

Weichert, REALTORS Listed on: 05/08/2017

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,486

Lot Details

  • 100.71 Acre Lot
  • Property is zoned RDT

Additional Homes

  • Guest House

Schools

  • Damascus Elementary School
  • John T. Baker Middle School
  • Damascus High School

Farming

  • Barn or Stable
  • Machine Shed

Horse Facilities and Amenities

  • Run-In Shed
  • Indoor Arena

Utilities

  • Well
  • Gravity Septic Field

Listing and Financial Details

  • Assessor Parcel Number 161203327737

Community Details

Overview

  • Property has a Home Owners Association
  • Damascus Outside Subdivision

Recreation

  • Horse Facilities

Property Details

Property Type

Land

Est. Annual Taxes

$7,486

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Agriculture
  • New Construction: No
  • Remarks Public: The property is a 100 acre horse boarding/training facility located in Damascus Md. There are 45 stalls, divided between 2 barns, that rent for $700 per month gross and 30 boarders that pay field board of $300/mo.The farm has 2 grooms cottages,2 riding rings,one is a 95x220 indoor facility and the 2nd a 200x300 outdoor ring,both with synthetic footing. GREAT INCOME PRODUCING FARM!
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement: No
  • Price Per Sq Ft: 0.46
  • Street Number Modifier: 26110

Exterior Features

  • Other Structures: Barn/Stable, Guest House, Barn, Horse Stable, MacHine Shed, Run-In Shed, Indoor Arena
  • Other Structures List: Barn/Stable, Guest House, Barn, Horse Stable, Machine Shed, Run-in Shed, Indoor Arena
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Refuse: 205.11
  • Central Air Conditioning: No
  • Sewer/Septic System: Gravity Sept Fld
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: DAMASCUS
  • Middle School: JOHN T. BAKER
  • High School: DAMASCUS
  • School District Key: 121138126809
  • Elementary School: DAMASCUS
  • High School: DAMASCUS
  • Middle Or Junior School: JOHN T. BAKER

Lot Info

  • Improvement Assessed Value: 294900.00
  • Lot Size Acres: 100.71
  • Lot Size Area: 4386928
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4386928.00
  • Perc Type: Approved
  • Possible Use: Agriculture
  • Year Assessed: 2017
  • Zoning: RDT

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14083455
  • Tax Annual Amount: 7485.62
  • Assessor Parcel Number: 161203327737
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 03/01/2018

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2017
Closed on
Feb 23, 2018
Sold by
Taylor Paskowitz Llc
Bought by
Morning Sun Horse Park Corp
Seller's Agent
Tim Shaw
Weichert, REALTORS
Buyer's Agent
Tim Shaw
Weichert, REALTORS
List Price
$2,200,000
Sold Price
$1,860,000
Premium/Discount to List
-$340,000
-15.45%
Current Estimated Value
$2,094,106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,106

Purchase Details

Closed on
Sep 17, 2003
Sold by
Taylor & Paskowitz L L C
Bought by
Taylor & Paskowitz L L C

Purchase Details

Closed on
Mar 1, 2001
Sold by
Cook Robert E
Bought by
Taylor & Paskowitz L L C
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
Morning Sun Horse Park Corp $1,860,000 None Available
Taylor & Paskowitz L L C -- --
Taylor & Paskowitz L L C $1,500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Taylor Paskowitz Llc $18,123
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2018 03/01/18 Sold $1,860,000 -7.0% $1,076 / Sq Ft
11/16/2017 11/16/17 Pending -- -- --
07/13/2017 07/13/17 Price Changed $1,999,000 -9.1% $1,157 / Sq Ft
05/08/2017 05/08/17 For Sale $2,200,000 -- $1,273 / 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
2024 $9,829 $755,700 $324,600 $431,100
2023 $9,610 $741,533 $0 $0
2022 $8,494 $727,367 $0 $0
2021 $8,281 $713,200 $324,600 $388,600
2020 $7,914 $681,967 $0 $0
2019 $7,553 $650,733 $0 $0
2018 $7,213 $619,500 $324,600 $294,900
2017 $7,486 $619,500 $0 $0
2016 -- $619,500 $0 $0
2015 $7,105 $620,900 $0 $0
2014 $7,105 $620,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2018

    Tim Shaw

    Weichert Corporate

See All Agents

Map

Source: Bright MLS

MLS Number: 1000052313

Bright MLS

APN: 12-03327737

Maryland Montgomery County Mount Airy 20872

26220 Mullinix Mill Rd, Mount Airy, MD

This home is located at 26220 Mullinix Mill Rd, Mount Airy, MD 21771 since 08 May 2017 and is currently estimated at $2,131,574, approximately $1,233 per square foot. 26220 Mullinix Mill Rd is a home located in Montgomery County with nearby schools including Damascus Elementary School, John T. Baker Middle School, and Damascus High.

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