NOT LISTED FOR SALE

413 Light St Cambridge, MD 21613

Estimated Value: $66,000 - $129,804

Studio
1 Bath
1,468 Sq Ft
$64/Sq Ft Est. Value

Last Sold April 20, 2022

Last sale price $50,000 $34 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $567/month

158 Days on Market

Highlights

  • Traditional Architecture
  • Multiple cooling system units
  • Central Heating

About This Home

As of April 2022

Investor Alert. Fixer upper in heart of town. Next to open green space of city park- site of many community activities and close to many downtown businesses. Newer roof, siding and heat/ac. Inside ready for your handiwork. Downstairs unit is huge! Sold "as-is"

Last Agent to Sell the Property

Beverly Era

(410) 330-1251 beverly.era@longandfoster.com Long & Foster Real Estate, Inc. License #611360 Listed on: 11/01/2021

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Tim Arnett

(410) 375-9107 tim.arnett@eradelmarva.com ERA Martin Associates License #5007565

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $718

Year Built

  • Built in 1910

Lot Details

  • 6,544 Sq Ft Lot

Parking

  • Driveway

Home Design

  • 1,468 Sq Ft Home
  • Duplex
  • Traditional Architecture
  • Architectural Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Utilities

  • Multiple cooling system units
  • Central Heating
  • Electric Water Heater
  • Municipal Trash

Community Details

  • 2 Units
  • 2 Vacant Units

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 1007139454

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$718

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1910
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Foundation Details: Concrete Perimeter
  • Total Sq Ft: 1468
  • Living Area Sq Ft: 1468
  • Price Per Sq Ft: 49.73
  • Above Grade Finished Sq Ft: 1468
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Roof: Architectural Shingle
  • 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: No
  • Cooling Fuel: Electric
  • Cooling Type: Multi Units
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Schools

  • School District Source: 3rd Party

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 32200.00
  • Land Assessed Value: 6200.00
  • Lot Size Acres: 0.15
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6544.00
  • Zoning: R-3
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: None
  • Number Of Units Month To Month: 2
  • Rent Control: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5310528
  • Tax Annual Amount: 718.00
  • Assessor Parcel Number: 1007139454
  • Tax Lot: 6
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022

Multi Family

  • Number Of Units Vacant: 2

MLS Schools

  • School District Name: DORCHESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2021
Closed on
Apr 20, 2022
Sold by
Spedden Land Company Llc
Bought by
Gotis Antonio
Seller's Agent
Beverly Era
Long & Foster Real Estate, Inc.
Buyer's Agent
Tim Arnett
ERA Martin Associates
List Price
$73,000
Sold Price
$50,000
Premium/Discount to List
-$23,000
-31.51%
Current Estimated Value
$93,701

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,701
Avg. Annual Appreciation
18.13%

Purchase Details

Closed on
Jun 15, 2015
Sold by
Era Beverly Louise Spedden and Spedden Wallace David
Bought by
Spedden Land Company Llc

Purchase Details

Closed on
Apr 20, 2015
Sold by
Era Beverly Louise Spedden and Estate Of Mildred Louise Jones
Bought by
Era Beverly Louise Spedden and Spedden Wallace David

Purchase Details

Closed on
Oct 21, 1992
Sold by
Ruark Reginald G
Bought by
Spedden Spedden R and Spedden Mildred J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gotis Antonio $50,000 Bright Arlette K
Spedden Land Company Llc -- Attorney
Era Beverly Louise Spedden -- None Available
Spedden Spedden R $22,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2022 04/20/22 Sold $50,000 -31.5% $34 / Sq Ft
04/08/2022 04/08/22 Pending -- -- --
11/01/2021 11/01/21 For Sale $73,000 -- $50 / 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 $956 $50,900 $6,200 $44,700
2024 $787 $46,733 $0 $0
2023 $787 $42,567 $0 $0
2022 $710 $38,400 $6,200 $32,200
2021 $724 $38,400 $6,200 $32,200
2020 $724 $38,400 $6,200 $32,200
2019 $829 $43,500 $11,200 $32,300
2018 $749 $40,367 $0 $0
2017 $627 $37,233 $0 $0
2016 -- $34,100 $0 $0
2015 $748 $34,100 $0 $0
2014 $748 $34,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDDO2000980

Bright MLS

APN: 07-139454