NOT LISTED FOR SALE

30583 Polks Rd Princess Anne, MD 21853

Estimated Value: $351,000 - $2,102,000

1 Bed
1 Bath
1,826 Sq Ft
$731/Sq Ft Est. Value

Last Sold January 15, 2021

Last sale price $1,210,000 $663 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $9,097/month

458 Days on Market

Highlights

  • 41.53 Acre Lot
  • No HOA
  • Central Air
  • 1 Fireplace
  • Shed
  • Heating Available

About This Home

As of January 2021

Polks Road Poultry Farm: Four poultry houses - all 3 years old (46x560) built by Northeast Ag. Total square footage is 103,040. Total acreage for sale is +/- 41.53 deeded acres including +/- 16.5 wooded acres. Growing for Tyson. LOI is transferable upon Tyson approval. Farm includes 1,826 sf farmhouse currently being lived in by tenant farmer. Manure shed with new concrete pad - Roadways recently repaired - Farm has run +/- 10 flocks since built

Last Agent to Sell the Property

Benjamin Alder

The Land Group License #574482 Listed on: 04/08/2019

Last Buyer's Agent

Benjamin Alder

The Land Group License #574482 Listed on: 04/08/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,664

Year Built

  • Built in 1975

Lot Details

  • 41.53

Parking

  • Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,826 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heating Available
  • Septic Tank
  • Community Sewer or Septic

Additional Features

  • Shed
  • 41.53 Acre Lot
  • Poultry Farm

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 26
  • Assessor Parcel Number 01-010174

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,664

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Farm
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1975
  • Automatically Close On Close Date: No
  • Remarks Public: Polks Road Poultry Farm: Four poultry houses - all 3 years old (46x560) built by Northeast Ag. Total square footage is 103,040. Total acreage for sale is +/- 41.53 deeded acres including +/- 16.5 wooded acres. Growing for Tyson. LOI is transferable upon Tyson approval. Farm includes 1,826 sf farmhouse currently being lived in by tenant farmer. Manure shed with new concrete pad - Roadways recently repaired - Farm has run +/- 10 flocks since built
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1826
  • Living Area Sq Ft: 1826
  • Price Per Sq Ft: 821.47
  • Above Grade Finished Sq Ft: 1826
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 30583

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • 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
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating: Yes
  • Sewer/Septic System: Community Septic Tank, Private Septic Tank
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: SOMERSET COUNTY PUBLIC SCHOOLS
  • School District Key: 121138759568
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Crops Included: No
  • Farm Features: Poultry Amenities, Shed(s)
  • Farm Land Area Units: Acres
  • Farm Operation: Poultry
  • Land Use Code: 001
  • Lot Size Acres: 41.53
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1809047.00
  • Year Assessed: 2020
  • Zoning: A
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 12557493
  • Tax Annual Amount: 8664.00
  • Assessor Parcel Number: 01-010174
  • Tax Lot: 26
  • Tax Total Finished Sq Ft: 1826
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 01/15/2021

MLS Schools

  • School District Name: SOMERSET COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 26, 2022
Sold by
A Family Farm Llc
Bought by
Kun Farm Llc
Current Estimated Value
$1,334,695

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$725,000
Outstanding Balance
$688,810
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$645,885

Purchase Details

Listed on
Apr 8, 2019
Closed on
Dec 17, 2020
Sold by
Yu Sun Kyung
Bought by
A Family Farm Llc
Seller's Agent
Benjamin Alder
The Land Group
Buyer's Agent
Benjamin Alder
The Land Group
List Price
$1,500,000
Sold Price
$1,210,000
Premium/Discount to List
-$290,000
-19.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.15%
Original Mortgage
$100,000
Interest Rate
2.7%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 12, 2014
Sold by
Cha Jae C and Cha Young A
Bought by
Yu Sun Kyung

Purchase Details

Closed on
Mar 10, 2010
Sold by
Wi Chul H and Wi Soo Sun
Bought by
Cha Jae C

Purchase Details

Closed on
Apr 7, 2006
Sold by
Park Yong Jae and Je Yul Kim
Bought by
Wi Chul H Soo Sun Wi and Wi Chul H Jae C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,000
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 19, 2005
Sold by
Park Yong Jae and Je Yul Kim
Bought by
Wi Chul H Soo Sun Wi and Wi Chul H Jae C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,000
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 5, 2004
Sold by
Smith Jerry L
Bought by
Park Yong Jae and Je Yul Kim

Purchase Details

Closed on
Feb 7, 2000
Sold by
Houlihan Mark C and Houlihan Rosalie C
Bought by
Smith Jerry L

Purchase Details

Closed on
Aug 20, 1997
Sold by
Fulcher Bobby Ray Boyce B Peele
Bought by
Houlihan Mark C and Houlihan Rosalie C
Source: Public Records

Range of Values:

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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
Kun Farm Llc $1,400,000 Custis John P
A Family Farm Llc $1,210,000 None Available
Yu Sun Kyung $200,000 None Available
Cha Jae C -- --
Wi Soo Sun -- --
Wi Chul H Soo Sun Wi $370,000 --
Wi Chul H Soo Sun Wi $370,000 --
Park Yong Jae $312,500 --
Smith Jerry L $155,000 --
Houlihan Mark C $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kun Farm Llc $725,000
Previous Owner A Family Farm Llc $100,000
Previous Owner Wi Chul H Soo Sun Wi $277,000
Previous Owner Wi Chul H Soo Sun Wi $277,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2021 01/15/21 Sold $1,210,000 -19.3% $663 / Sq Ft
07/09/2020 07/09/20 Pending -- -- --
03/25/2020 03/25/20 For Sale $1,500,000 0.0% $821 / Sq Ft
01/28/2020 01/28/20 Pending -- -- --
11/13/2019 11/13/19 Price Changed $1,500,000 -14.3% $821 / Sq Ft
05/10/2019 05/10/19 Price Changed $1,750,000 -10.3% $958 / Sq Ft
04/08/2019 04/08/19 For Sale $1,950,000 -- $1,068 / 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 $22,072 $987,067 $0 $0
2024 $10,073 $900,433 $0 $0
2023 $9,109 $813,800 $43,300 $770,500
2022 $8,981 $802,233 $0 $0
2021 $8,981 $790,667 $0 $0
2020 $8,784 $779,100 $43,300 $735,800
2019 $8,724 $779,100 $43,300 $735,800
2018 $0 $779,100 $43,300 $735,800
2017 $2,022 $794,300 $0 $0
2016 $1,902 $171,000 $0 $0
2015 $1,902 $171,000 $0 $0
2014 $4,314 $171,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDSO102030

Bright MLS

APN: 01-010174