NOT LISTED FOR SALE

4340 Egypt Rd Cambridge, MD 21613

Estimated Value: $690,965

379 Acres
$1,823 Price per Acre
16,509,240 Sq Ft Lot

Last Sold June 30, 2020

Last sale price $850,000

Est. 19% decrease in value since last sale

Current estimated payment $3,662/month

5 Days on Market

Highlights

  • View of Trees or Woods
  • Private Lot
  • Partially Wooded Lot
  • 379 Acre Lot
  • Pond
  • No HOA

About This Lot

As of June 2020

+- 379 Acre property in Dorchester listed at $850,000. Zoned AC [Agricultural Conservation]. Three contiguous parcels sold together - TID 09-197915 (121 AC) & TID 09-201793 (137 AC) & TID 09-197877 (121 AC) known locally as Pyramid Farms and / or now Egypt Farms LLC. The area where the property is situated is referred tolocally as Kentuck Swamp. Annual taxes (aggregate) is $1,547. NOT IN AG PRESERVE. Multiple hunting ponds - non-tidal, depth less than 6 ft. FSA Map in documents - maximum tillable acres expressed on chart is +- 80 Acres. Custom farmed by a Dorchester County farm operator specifically to meet the hunting requirements of the Seller - excellent whitetail, sika, turkey and duck hunting. Hunting permissions have granted to hunting lease holders (includes Seller family members) - have been notified that property is for sale. Timber tract (reforested in 1982-1984 using the chop and burn method) is used for hunting - there is no cruise report available nor is there a current Forest Stewardship Plan in place. Well maintained ditch systems - FEMA Map 24019CO330E Xone X. Well (6",468 ft, American Water) and electric (Choptank Electric) - no septic systems / no perc information. No improvements on site that convey (deer stands, decoys, etc will be removed prior to pre-settlement inspection). Two access points to the three properties (direct vs right of way under review as of 04302020). Easy drive from Cambridge, Annapolis, Baltimore, DC and Philadelphia. Unique Land Feature - A portion of the property on Parcel TID 09-201793 has a bermed area divided out with irrigation supporting each area. In years past, the area was used to farm crayfish and with some adjustments could serve other aquacultural uses as well. Currently, the farm operator has been planting the bermed areas as food plots per instructions by the Seller to enhance the hunting results. With a well in place and power nearby - this could be adapted for other aquacuture and or agricultural uses.

Last Agent to Sell the Property

Bob Rich

(410) 200-6625 brich@bensonandmangold.com Benson & Mangold, LLC License #648681 Listed on: 04/27/2020

Benson & Mangold, LLC

Last Buyer's Agent

Herschell Claggett

(410) 490-7519 leedavisrealestate@verizon.net Davis Real Estate, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $254

Lot Details

  • 379 Acre Lot
  • Rural Setting
  • No Through Street
  • Private Lot
  • Secluded Lot
  • Open Lot
  • Irregular Lot
  • Cleared Lot
  • Partially Wooded Lot
  • Backs to Trees or Woods
  • Marsh on Lot
  • Non-Tidal Wetland
  • Property is zoned AC

Utilities

  • 220 Volts
  • Well
  • No Septic System

Additional Features

  • Views of Woods
  • Landlocked Lot
  • Crops Farm

Listing and Financial Details

  • Assessor Parcel Number 1009197915

Community Details

Overview

  • No Home Owners Association

Recreation

  • Pond

Property Details

Property Type

Land

Est. Annual Taxes

$254

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Agriculture, Recreation
  • Historic: No
  • New Construction: No
  • Federal Flood Zone: No
  • Special Features: VirtualTour

Interior Features

  • Price Per Sq Ft: 0.05

Exterior Features

  • Construction Completed: No
  • View: Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Electric Service: 220 Volts
  • Sewer/Septic System: No Septic System
  • Utilities: Electric Available
  • Water Source: Well
  • Municipal Trash: No

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Wooded Acres: 300.00
  • Horses: No
  • Additional Parcels: No
  • Agricultural Tax Fee: Yes
  • Improvement Assessed Value: 1000.00
  • Lot Features: Backs To Trees, Cleared, Crops Reserved, Irregular, Landlocked, Marshy, No Thru Street, Non-Tidal Wetland, Partly Wooded, Open, Pond, Private, Rural, Secluded, Trees/Wooded
  • Lot Size Acres: 379.00
  • Lot Dimensions: Irregular. This is a three parcel property (all sold together)
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 16509240.00
  • Possible Use: Agriculture, Recreational, Residential, Timber
  • Soil Types: Mixed
  • Zoning: AC
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Lease In Effect: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5317923
  • Tax Annual Amount: 254.00
  • Assessor Parcel Number: 1009197915
  • Tax Page Number: 00418
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: DORCHESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2020
Closed on
Jun 26, 2020
Sold by
Egypt Farms I Llc
Bought by
Piekarski Carey A and Piekarski Jane M
Seller's Agent
Bob Rich
Benson & Mangold, LLC
Buyer's Agent
Herschell Claggett
Davis Real Estate, Inc.
List Price
$850,000
Sold Price
$850,000
Current Estimated Value
$690,965

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$159,035
Avg. Annual Appreciation
-3.74%

Purchase Details

Closed on
Sep 8, 2017
Sold by
Hendler Lee Meyerhoff
Bought by
Egypt Farms I Llc

Purchase Details

Closed on
Dec 15, 2006
Sold by
Hendler Nelson H and Hendler Lee M
Bought by
Hendler Lee Meyerhoff
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Piekarski Carey A $437,750 None Available
Egypt Farms I Llc -- None Available
Hendler Lee Meyerhoff -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2020 06/30/20 Sold $850,000 0.0% --
05/02/2020 05/02/20 Pending -- -- --
04/27/2020 04/27/20 For Sale $850,000 -- --
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 $322 $22,900 $21,900 $1,000
2024 $315 $22,900 $21,900 $1,000
2023 $315 $22,900 $21,900 $1,000
2022 $315 $22,900 $21,900 $1,000
2021 $315 $22,900 $21,900 $1,000
2020 $315 $22,900 $21,900 $1,000
2019 $315 $22,900 $21,900 $1,000
2018 $315 $22,900 $21,900 $1,000
2017 $309 $22,900 $0 $0
2016 -- $22,900 $0 $0
2015 $290 $22,900 $0 $0
2014 $290 $22,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDDO125318

Bright MLS

APN: 09-197915