NOT LISTED FOR SALE

29340 W Ridge Rd Princess Anne, MD 21853

Mount Vernon Neighborhood

Estimated Value: $116,000 - $716,000

71 Acres
$5,610 Price per Acre
3,112,362 Sq Ft Lot

Last Sold May 27, 2016

Last sale price $300,000 $188 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $2,253/month

13 Days on Market

Highlights

  • Pond View
  • Wooded Lot
  • No HOA
  • 71.45 Acre Lot

About This Lot

As of May 2016

Clean farm totaling 71.45 acres including 41.28 cleared acres and 30.17 wooded acres. The farmhouse has been removed. Farm is suited for wildlife management and possibly a poultry producer. The property has a waterfowl impoundment as well as two deep water ponds. The ponds offer excellent water source for deer and there are several locations where food plots would prove to be valuable for deer and turkey management. The timber has been evaluated and age class of the resource exceeds 25 years in most of the stand. Estimated timber resource value exceeds $72,000. The farm is improved with two hunting cabins to allow for multiple hunters to overnight.

Last Agent to Sell the Property

Benjamin Alder

The Land Group License #574482 Listed on: 02/19/2016

Last Buyer's Agent

Benjamin Alder

The Land Group License #574482 Listed on: 02/19/2016

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $479

Lot Details

  • 71.45 Acre Lot
  • Cleared Lot
  • Wooded Lot

Schools

  • Princess Anne Elementary School
  • Washington Academy And High School

Additional Features

  • Pond Views
  • Sewer Not Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 081084

Property Details

Property Type

Land

Est. Annual Taxes

$479

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Historic: No
  • New Construction: No
  • Remarks Public: Clean farm totaling 71.45 acres including 41.28 cleared acres and 30.17 wooded acres. The farmhouse has been removed. Farm is suited for wildlife management and possibly a poultry producer. The property has a waterfowl impoundment as well as two deep water ponds. The ponds offer excellent water source for deer and there are several locations where food plots would prove to be valuable for deer and turkey management. The timber has been evaluated and age class of the resource exceeds 25 years in most of the stand. Estimated timber resource value exceeds $72,000. The farm is improved with two hunting cabins to allow for multiple hunters to overnight.
  • Special Features: None

Interior Features

  • Street Number Modifier: 29340

Exterior Features

  • Construction Completed: No
  • View: Pond
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: No Sewer System

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: SOMERSET COUNTY PUBLIC SCHOOLS
  • Elementary School: PRINCESS ANNE
  • High School: WASHINGTON ACADEMY AND
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • School District Key: 121138759568
  • Elementary School: PRINCESS ANNE
  • High School: WASHINGTON ACADEMY AND

Lot Info

  • Lot Features: Cleared, Trees/Wooded
  • Lot Size Acres: 71.45
  • Possible Use: Agriculture
  • Zoning Description: A

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 12562975
  • Assessor Parcel Number: 081084
  • County Tax Payment Frequency: Annually
  • Close Date: 05/27/2016

MLS Schools

  • School District Name: SOMERSET COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 14, 2022
Sold by
Crm Holdings Llc
Bought by
Johnson Fields Llc
Current Estimated Value
$406,260

Purchase Details

Closed on
Sep 30, 2016
Sold by
Horace & Elwath Llc
Bought by
Crm Holdings Llc

Purchase Details

Listed on
Feb 19, 2016
Closed on
May 27, 2016
Sold by
Noble Terry L and Noble Aileen L
Bought by
Horace & Elwath Llc
Seller's Agent
Benjamin Alder
The Land Group
Buyer's Agent
Benjamin Alder
The Land Group
List Price
$349,000
Sold Price
$300,000
Premium/Discount to List
-$49,000
-14.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.19%
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
Johnson Fields Llc $490,000 None Listed On Document
Crm Holdings Llc $350,000 Attorney
Horace & Elwath Llc $300,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Crm Holdings Llc $336,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2016 05/27/16 Sold $300,000 -14.0% $188 / Sq Ft
05/01/2016 05/01/16 Pending -- -- --
02/26/2016 02/26/16 For Sale $349,000 -- $218 / 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 $479 $45,067 $0 $0
2023 $479 $43,100 $28,000 $15,100
2022 $479 $43,100 $28,000 $15,100
2021 $0 $43,100 $28,000 $15,100
2020 $562 $45,100 $28,000 $17,100
2019 $562 $45,100 $28,000 $17,100
2018 $0 $45,100 $28,000 $17,100
2017 $600 $48,600 $0 $0
2016 $811 $48,600 $0 $0
2015 $811 $72,967 $0 $0
2014 $958 $72,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2016

    Benjamin Alder

    The Land Group

    (443) 865-1344

    3 in this area

    163 Total Sales

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Map

Source: Bright MLS

MLS Number: 1000862874

Bright MLS

APN: 05-081084

Maryland Somerset County Princess Anne 21853 Mount Vernon

29340 W Ridge Rd, Princess Anne, MD

This home is located at 29340 W Ridge Rd, Princess Anne, MD 21853 since 19 February 2016 and is currently estimated at $400,835, approximately $250 per square foot. 29340 W Ridge Rd is a home located in Somerset County.

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