NOT LISTED FOR SALE

4924 Drawbridge Rd Cambridge, MD 21613

Estimated Value: $236,000 - $270,000

14.3 Acres
$17,692 Price per Acre
622,908 Sq Ft Lot

Last Sold October 22, 2021

Last sale price $157,000

Est. 61% increase in value since last sale

Current estimated payment $1,385/month

114 Days on Market

Highlights

  • 1,800 Feet of Waterfront
  • Stream or River on Lot
  • Storage Shed
  • 14.3 Acre Lot
  • No HOA

About This Lot

As of October 2021

Beautiful 14 acre homesite that runs along Transquaking River gives you privacy to enjoy the outdoors. Approx. 10 acres wooded marsh, balance is open. 30 x 40 metal building. Electric & septic in place. Existing foundation for home. Have wetlands delination report from Army Corps of Engineers. Kayak, fish, hunt, Public boat ramp next to property. Perfect to build for vacation/retirement.

Last Agent to Sell the Property

Carlton Nabb

(410) 228-2014 nabbfamily@aol.com Nabb Real Estate License #04321 Listed on: 01/29/2021

Last Buyer's Agent

Shane Slacum

(410) 220-4648 davids@justvybe.com VYBE Realty License #677459

VYBE Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $540

Lot Details

  • 14.3 Acre Lot
  • 1,800 Feet of Waterfront
  • Home fronts navigable water
  • Property is zoned RC

Utilities

  • 120/240V
  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 1013000964

Community Details

Overview

  • No Home Owners Association

Recreation

  • Water Access
  • River Nearby
  • Stream or River on Lot
  • Storage Shed

Property Details

Property Type

Land

Est. Annual Taxes

$540

Lot Details

14.3 Acres

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Hunting, Recreation, Residential
  • New Construction: No
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Basement: No
  • Price Per Sq Ft: 0.26

Exterior Features

  • Other Structures List: Storage Barn/Shed
  • Construction Completed: No
  • Water Access: Yes
  • Water Body Name: Transquaking
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Water View: No
  • Water Frontage In Feet: 1800

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Electric Service: 120/240V
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Improvement Assessed Value: 12200.00
  • Lot Size Acres: 14.30
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 622908.00
  • Possible Use: Residential, Recreational
  • Zoning: RC
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5319814
  • Tax Annual Amount: 540.00
  • Assessor Parcel Number: 1013000964
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021

MLS Schools

  • School District Name: DORCHESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2021
Closed on
Oct 22, 2021
Sold by
Reed William Frederick
Bought by
Ronning Adam J and Vagnoni Simone Marie
Seller's Agent
Carlton Nabb
Nabb Real Estate
Buyer's Agent
Shane Slacum
VYBE Realty
List Price
$165,000
Sold Price
$157,000
Premium/Discount to List
-$8,000
-4.85%
Current Estimated Value
$253,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,000
Avg. Annual Appreciation
11.68%
Original Mortgage
$117,750
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 3, 2014
Closed on
Mar 30, 2015
Sold by
Christ Larry D and Christ Anna L
Bought by
Reed William Frederick and Clark Reed Cindy Denise
Seller's Agent
Carlton Nabb
Nabb Real Estate
Buyer's Agent
Carlton Nabb
Nabb Real Estate
List Price
$110,000
Sold Price
$80,000
Premium/Discount to List
-$30,000
-27.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.81%
Original Mortgage
$64,000
Interest Rate
3.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 2, 1992
Sold by
Height Timothy Ray
Bought by
Christ Larry D & Anna L
Source: Public Records
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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
Ronning Adam J $157,000 Venture Title Co Llc
Reed William Frederick $80,000 Homeland Title & Escrow Ltd
Christ Larry D & Anna L $29,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Ronning Adam J $117,750
Previous Owner Reed William Frederick $64,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/22/2021 10/22/21 Sold $157,000 -4.8% --
05/23/2021 05/23/21 Pending -- -- --
01/29/2021 01/29/21 For Sale $165,000 +106.3% --
03/30/2015 03/30/15 Sold $80,000 -27.3% -- View Prior Sale
02/24/2015 02/24/15 Pending -- -- --
09/03/2014 09/03/14 For Sale $110,000 -- --
Source: Bright MLS

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 $968 $79,533 $0 $0
2024 $592 $63,667 $0 $0
2023 $592 $47,800 $35,600 $12,200
2022 $592 $47,800 $35,600 $12,200
2021 $600 $47,800 $35,600 $12,200
2020 $600 $48,600 $37,300 $11,300
2019 $600 $48,600 $37,300 $11,300
2018 $459 $48,600 $37,300 $11,300
2017 $459 $48,600 $0 $0
2016 -- $48,600 $0 $0
2015 -- $48,600 $0 $0
2014 $633 $48,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDDO126812

Bright MLS

APN: 13-000964

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