NOT LISTED FOR SALE

402 Light St Cambridge, MD 21613

Estimated Value: $69,000 - $107,800

3 Beds
1.5 Baths
1,670 Sq Ft
$54/Sq Ft Est. Value

Last Sold July 31, 2013

Last sale price $15,600 $9 Per Sq Ft

Est. 483% increase in value since last sale

Current estimated payment $557/month

309 Days on Market

Highlights

  • Colonial Architecture
  • Baseboard Heating
  • Dining Area
  • No HOA

About This Home

As of July 2013

Bank owned investor opportunity. Under auction terms, visit Hudson and Marshall Auctions for more details.

Last Agent to Sell the Property

Patrick Morrissette

(301) 785-5535 pat.morrissette@c21nm.com CENTURY 21 New Millennium Listed on: 08/17/2012

CENTURY 21 New Millennium

Last Buyer's Agent

Patrick Morrissette

(301) 785-5535 pat.morrissette@c21nm.com CENTURY 21 New Millennium Listed on: 08/17/2012

CENTURY 21 New Millennium

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1910

Lot Details

  • 3,800 Sq Ft Lot
  • Property is zoned R-3

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • Dining Area

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1.5 Bathrooms

Utilities

  • Heating System Uses Oil
  • Baseboard Heating
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Cambridge Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 1007151551

Home Details

Home Type

Single Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1910
  • Remarks Public: Bank owned investor opportunity. Under auction terms, visit Hudson and Marshall Auctions for more details.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Dining Area
  • Fireplace: No
  • Levels Count: 2
  • Basement: No
  • Living Area Units: Square Feet
  • Street Number Modifier: 402

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • 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: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Electric, Oil
  • Heating Type: Baseboard
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Size Acres: 0.09
  • Lot Size Area: 3800
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3800.00
  • Year Assessed: 2012
  • Zoning: R-3
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 455.90
  • Assessor Parcel Number: 1007151551
  • Tax Lot: 3
  • Tax Total Finished Sq Ft: 1670
  • County Tax Payment Frequency: Annually
  • Tax Year: 2011
  • Close Date: 07/31/2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 16, 2014
Sold by
You Live Here Llc
Bought by
Mcb Rentals Llc
Current Estimated Value
$90,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Outstanding Balance
$26,767
Interest Rate
4.19%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$80,681

Purchase Details

Closed on
Jan 10, 2014
Sold by
Schwarz Deborah
Bought by
You Live Here Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,000
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Aug 17, 2012
Closed on
Jul 17, 2013
Sold by
Federal Deposit Insurance Corporation
Bought by
Schwarz Deborah
Seller's Agent
Patrick Morrissette
CENTURY 21 New Millennium
Buyer's Agent
Patrick Morrissette
CENTURY 21 New Millennium
List Price
$37,400
Sold Price
$15,600
Premium/Discount to List
-$21,800
-58.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.17%

Purchase Details

Closed on
Oct 22, 2010
Sold by
Swafford Daniel J
Bought by
Bank Of The Eastern Shore

Purchase Details

Closed on
Mar 21, 1994
Sold by
Wallace Earl C and Wallace Lula B
Bought by
Swafford Daniel J
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
Mcb Rentals Llc $29,000 Real Estate Title & Escrow L
You Live Here Llc -- None Available
Schwarz Deborah $17,500 None Available
Bank Of The Eastern Shore $805,180 --
Swafford Daniel J $18,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner You Live Here Llc $13,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2013 07/31/13 Sold $15,600 -32.5% $9 / Sq Ft
06/22/2013 06/22/13 Pending -- -- --
05/06/2013 05/06/13 Price Changed $23,100 -31.4% $14 / Sq Ft
12/03/2012 12/03/12 Price Changed $33,660 -10.0% $20 / Sq Ft
08/17/2012 08/17/12 For Sale $37,400 -- $22 / 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 $903 $48,100 $3,900 $44,200
2024 $771 $44,900 $0 $0
2023 $771 $41,700 $0 $0
2022 $712 $38,500 $3,900 $34,600
2021 $719 $38,500 $3,900 $34,600
2020 $726 $38,500 $3,900 $34,600
2019 $774 $40,600 $7,300 $33,300
2018 $647 $34,833 $0 $0
2017 $568 $30,600 $0 $0
2016 -- $23,300 $0 $0
2015 $456 $23,300 $0 $0
2014 $456 $23,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Patrick Morrissette

    Seller's Agent in 2013

    Patrick Morrissette

    Century 21 New Millennium

    (301) 785-5535

    6 Total Sales

    Patrick Morrissette
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Map

Source: Bright MLS

MLS Number: 1004122258

Bright MLS

APN: 07-151551

Maryland Dorchester County Cambridge 21613

402 Light St, Cambridge, MD

This home is located at 402 Light St, Cambridge, MD 21613 since 17 August 2012 and is currently estimated at $90,950, approximately $54 per square foot. This property was built in 1910. 402 Light St 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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