$150,000

2835 Ocean Gateway Cambridge, MD 21613

Estimated payment $1,050/month

Total Views 38,967
2 Beds
1 Bath
648 Sq Ft
$231 Price per Sq Ft

Highlights

  • No HOA
  • Bungalow
  • Forced Air Heating System

About This Home

Great opportunity to own prime commercial real estate with US Rt.50 access. Just shy of a quarter acre property with over 30,000 cars passing by each day. Home is rented thru the end of Feb. 2025, currently being rented for $1340/mo! This would be an ideal property for a tradesman or business owner looking for a high visibility location. OR affordable housing for an employee while the additional yard is utilized as storage space for vehicles and/or materials. House features a functional floor plan, 1-2 bedrooms, laundry/utility room, and spacious kitchen. LVP floors in living room. New furnace in 2023. Roof installed in 2017. Public water & sewer. Buyer to confirm all possible uses with city planning and zoning- zoned general commercial.

Listing Agent

Sydney Johnson Cohee

Sharon Real Estate P.C. License #657232

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,617

Year Built

  • Built in 1940

Lot Details

  • 10,018 Sq Ft Lot
  • Property is in average condition
  • Property is zoned B2

Home Design

  • Bungalow
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 648 Sq Ft Home
  • Property has 1 Level
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces
  • Gravel Driveway

Schools

  • Maces Lane Middle School
  • Cambridge-South Dorchester High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Powered By Leased Propane
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1007134096

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,617

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1940
  • Building Winterized: No
  • Remarks Public: Great opportunity to own prime commercial real estate with US Rt.50 access. Just shy of a quarter acre property with over 30,000 cars passing by each day. Home is rented thru the end of Feb. 2025, currently being rented for $1340/mo! This would be an ideal property for a tradesman or business owner looking for a high visibility location. OR affordable housing for an employee while the additional yard is utilized as storage space for vehicles and/or materials. House features a functional floor plan, 1-2 bedrooms, laundry/utility room, and spacious kitchen. LVP floors in living room. New furnace in 2023. Roof installed in 2017. Public water & sewer. Buyer to confirm all possible uses with city planning and zoning- zoned general commercial.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Has Laundry
  • Total Sq Ft: 648
  • Living Area Sq Ft: 648
  • Price Per Sq Ft: 231.48
  • Above Grade Finished Sq Ft: 648
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2835

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Roof: Architectural Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Gravel Driveway
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Propane - Leased
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • 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
  • Elementary School: CALL SCHOOL BOARD
  • Middle School: MACES LANE
  • High School: CAMBRIDGE-SOUTH DORCHESTER
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121139665361
  • School District Source: Listing Agent
  • Elementary School: CALL SCHOOL BOARD
  • High School: CAMBRIDGE-SOUTH DORCHESTER
  • Middle Or Junior School: MACES LANE

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Land Use Code: C
  • Lot Features: Road Frontage
  • Lot Size Acres: 0.23
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10018.00
  • Property Condition: Average
  • Year Assessed: 2024
  • Zoning: B2
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Tax Annual Amount: 2617.00
  • Assessor Parcel Number: 1007134096
  • Tax Total Finished Sq Ft: 648
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: DORCHESTER COUNTY PUBLIC SCHOOLS

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $2,557 $141,567 $0 $0
2023 $2,557 $138,333 $0 $0
2022 $2,497 $135,100 $100,100 $35,000
2021 $1,694 $112,467 $0 $0
2020 $1,694 $89,833 $0 $0
2019 $1,281 $67,200 $37,100 $30,100
2018 $1,236 $66,600 $0 $0
2017 $901 $66,000 $0 $0
2016 -- $65,400 $0 $0
2015 $966 $65,400 $0 $0
2014 $966 $65,400 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2025 01/22/25 Price Changed $150,000 -3.2% $231 / Sq Ft
11/14/2024 11/14/24 For Sale $154,900 -- $239 / Sq Ft
Source: Bright MLS

Deed History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Deed $62,500 --
Deed $600 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $55,000 Future Advance Clause Open End Mortgage
Closed $81,900 Unknown
Source: Public Records

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Source: Bright MLS

MLS Number: MDDO2008538

Bright MLS

APN: 07-134096

Maryland Dorchester County Cambridge 21613

2835 Ocean Gateway, Cambridge, MD

Homes for Sale in Cambridge, MD

This home is located at 2835 Ocean Gateway, Cambridge, MD 21613 and is currently priced at $150,000, approximately $231 per square foot. This property was built in 1940. 2835 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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Sydney Johnson Cohee
Listing Agent
Sydney Johnson Cohee
Section Image
Sharon Real Estate P.C.
(443) 767-1705