NOT LISTED FOR SALE

2809 Ocean Gateway Cambridge, MD 21613

Estimated Value: $299,000

1.46 Acres
$204,795 Price per Acre
63,598 Sq Ft Lot

Last Sold November 22, 2022

Last sale price $900,000 $893 Per Sq Ft

Current estimated payment $1,892/month

1,496 Days on Market

About This Lot

As of November 2022

1.47 acre lot zoned General Commercial on US Route 50 (Ocean Gateway). Traffic count of over 30,000 cars per day. 275' road frontage. Located adjacent to Super Wal*Mart and across Rt. 50 from the Hyatt Regency Resort. General Commercial zoning allows a wide variety of uses.

Last Agent to Sell the Property

Henry Hanna

SVN |Miller Commercial Real Estate Listed on: 06/09/2017

SVN |Miller Commercial Real Estate

Co-Listed By

Florence Adams

SVN |Miller Commercial Real Estate License #597618

Last Buyer's Agent

Brandon Ziska

Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,681

Lot Details

  • 1.46 Acre Lot
  • Additional Parcels
  • Property is zoned B2

Utilities

  • Water Service Lateral Not Installed
  • Lateral or Tap Off Main

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 1007124937

Property Details

Property Type

Land

Est. Annual Taxes

$3,681

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Remarks Public: 1.47 acre lot zoned General Commercial on US Route 50 (Ocean Gateway). Traffic count of over 30,000 cars per day. 275' road frontage. Located adjacent to Super Wal*Mart and across Rt. 50 from the Hyatt Regency Resort. General Commercial zoning allows a wide variety of uses.
  • Special Features: None

Interior Features

  • Basement: No
  • Price Per Sq Ft: 14.15
  • Street Number Modifier: 2809

Exterior Features

  • 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: Lateral/Tap Off Main
  • Water Source: Lateral Not Installed/Must Tap Off Main

Condo/Co-op/Association

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

Schools

  • School District: DORCHESTER COUNTY PUBLIC SCHOOLS
  • School District Key: 121139665361

Lot Info

  • Additional Parcels: Yes
  • Lot Size Acres: 1.46
  • Lot Size Area: 63598
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 63598.00
  • Possible Use: Commercial
  • Year Assessed: 2017
  • Zoning: B2
  • Farmland Preservation: No
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5309408
  • Tax Annual Amount: 3680.71
  • Assessor Parcel Number: 1007124937
  • Tax Lot: 20
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2016
  • Close Date: 11/22/2022

MLS Schools

  • School District Name: DORCHESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2017
Closed on
Nov 22, 2022
Sold by
Hebron Savings Bank
Bought by
Hutton Cambridge Md St Llc
Seller's Agent
Henry Hanna
SVN |Miller Commercial Real Estate
Buyer's Agent
Brandon Ziska
Coldwell Banker Realty
List Price
$900,000
Sold Price
$900,000
Current Estimated Value
$299,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$601,000
Avg. Annual Appreciation
-30.33%

Purchase Details

Closed on
Sep 26, 2005
Sold by
Hastings Shirley Ann
Bought by
Hastings Shirley Ann And and Herbert Glen

Purchase Details

Closed on
Sep 20, 2005
Sold by
Hasting Shirley A
Bought by
Hastings Shirley Ann and Herbert Glen
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
Hutton Cambridge Md St Llc $900,000 Stewart Title Guaranty
Hastings Shirley Ann And -- --
Hastings Shirley Ann -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hutton Cambridge Md St Llc $4,581,840
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2022 11/22/22 Sold $900,000 0.0% $893 / Sq Ft
11/22/2022 11/22/22 Sold $900,000 0.0% $893 / Sq Ft
07/14/2021 07/14/21 Pending -- -- --
07/14/2021 07/14/21 Pending -- -- --
06/09/2017 06/09/17 For Sale $900,000 0.0% $893 / Sq Ft
10/10/2016 10/10/16 For Sale $900,000 -- $893 / 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 $19,467 $1,036,400 $150,100 $886,300
2024 $2,774 $150,100 $150,100 $0
2023 $2,774 $150,100 $150,100 $0
2022 $2,774 $150,100 $150,100 $0
2021 $2,831 $150,100 $150,100 $0
2020 $2,831 $150,100 $150,100 $0
2019 $2,862 $150,100 $150,100 $0
2018 $1,418 $150,100 $150,100 $0
2017 $1,418 $150,100 $0 $0
2016 -- $200,300 $0 $0
2015 -- $147,867 $0 $0
2014 $1,064 $95,433 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Henry Hanna

    Seller's Agent in 2022

    Henry Hanna

    SVN |Miller Commercial Real Estate

    (410) 543-2419

    5 in this area

    77 Total Sales

    Henry Hanna
    Section Image

  • F

    Seller Co-Listing Agent in 2022

    Florence Adams

    SVN |Miller Commercial Real Estate

    (410) 726-0966

    5 in this area

    45 Total Sales

    Florence Adams
    Section Image
  • Brandon Ziska

    Buyer's Agent in 2022

    Brandon Ziska

    Coldwell Banker Realty

    (443) 880-1273

    4 in this area

    30 Total Sales

    Brandon Ziska
    Section Image
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Map

Source: Bright MLS

MLS Number: 1004258739

Bright MLS

APN: 07-124937

Maryland Dorchester County Cambridge 21613

2809 Ocean Gateway, Cambridge, MD

This home is located at 2809 Ocean Gateway, Cambridge, MD 21613 since 09 June 2017 and is currently estimated at $299,000, approximately $296 per square foot. 2809 Ocean Gateway is a home located in Dorchester County with nearby schools including Maple Elementary School, Mace's Lane Middle School, and Cambridge-South Dorchester High School.

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