NOT LISTED FOR SALE

5 Park Ave Ridgely, MD 21660

-- Bed
-- Bath
3,200 Sq Ft
10,575 Sq Ft Lot

Last Sold December 05, 2022

Last sale price $315,000 $98 Per Sq Ft

38 Days on Market

Highlights

  • No HOA
  • Electric Baseboard Heater
  • Storage Shed
  • Central Heating
  • Property is in very good condition

About This Home

As of December 2022

Great Investment Opportunity that pays for itself!! 4-unit multi-family. Each apt has 2 bedrooms, 1 w/walk-in closet, 1 bathroom, kitchen, dining and living room. All fully tiled, metal roof. Entrance to 2 apt from the front. Entrance to 2 other apts in the rear. All have separate meters. 2 storage sheds. Quiet tree-lined neighborhood in historic downtown Ridgely.

Last Agent to Sell the Property

Juliet Wells

Coldwell Banker Chesapeake Real Estate Company Listed on: 08/26/2022

Coldwell Banker Chesapeake Real Estate Company

Last Buyer's Agent

Crystal Smith

RE/MAX Executive

RE/MAX Executive

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,104

Year Built

  • Built in 1940

Lot Details

  • 10,575 Sq Ft Lot
  • Property is in very good condition

Home Design

  • 3,200 Sq Ft Home
  • Quadruplex
  • Metal Roof
  • Plywood Siding Panel T1-11

Parking

  • Public Parking
  • Shared Driveway

Utilities

  • Window Unit Cooling System
  • Central Heating
  • Heat Pump System
  • Electric Baseboard Heater
  • Electric Water Heater

Additional Features

  • Electric Oven or Range
  • Storage Shed

Listing and Financial Details

  • The owner pays for insurance, repairs, personal property taxes, real estate taxes
  • Assessor Parcel Number 0607001169

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Gross Income $33,960

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,104

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1940
  • Automatically Close On Close Date: No
  • Remarks Public: Great Investment Opportunity that pays for itself!! 4-unit multi-family. Each apt has 2 bedrooms, 1 w/walk-in closet, 1 bathroom, kitchen, dining and living room. All fully tiled, metal roof. Entrance to 2 apt from the front. Entrance to 2 other apts in the rear. All have separate meters. 2 storage sheds. Quiet tree-lined neighborhood in historic downtown Ridgely.
  • Special Features: None

Interior Features

  • Appliances: Oven/Range - Electric, Refrigerator
  • Fireplace: No
  • Basement: No
  • Total Sq Ft: 3200
  • Living Area Sq Ft: 3200
  • Price Per Sq Ft: 93.72
  • Above Grade Finished Sq Ft: 3200
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Storage Barn/Shed
  • Construction Materials: T-1-11
  • Roof: Metal
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Shared Driveway, Public
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Central, Electric
  • Heating Type: Heat Pump(s), Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: CAROLINE COUNTY PUBLIC SCHOOLS
  • School District Key: 121139029245
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.24
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10575.00
  • Property Condition: Very Good
  • Zoning: C
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Term: 12 Months
  • Owner Pays: Insurance, Repairs, Taxes - Personal Property, Taxes - Real Estate
  • Rent Control: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4495773
  • Tax Annual Amount: 4104.00
  • Assessor Parcel Number: 0607001169
  • Tax Year: 2022
  • Close Date: 12/05/2022

Multi Family

  • Gross Scheduled Income: 33960.00

MLS Schools

  • School District Name: CAROLINE COUNTY PUBLIC SCHOOLS

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2022 12/05/22 Sold $315,000 +5.0% $98 / Sq Ft
08/26/2022 08/26/22 For Sale $299,900 -- $94 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Juliet Wells

    Seller's Agent in 2022

    Juliet Wells

    Coldwell Banker Chesapeake Real Estate Company

    (917) 375-8204

    51 Total Sales

    Section Image
  • Crystal Smith

    Buyer's Agent in 2022

    Crystal Smith

    RE/MAX

    (410) 490-6346

    398 Total Sales

    Section Image
  • Chessie Knapp

    Buyer Co-Listing Agent in 2022

    Chessie Knapp

    RE/MAX

    (443) 480-1359

    48 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: MDCM2002168

Bright MLS

Maryland Caroline County Ridgely 21660

5 Park Ave, Ridgely, MD

This home is located at 5 Park Ave, Ridgely, MD 21660 since 26 August 2022. This property was built in 1940. 5 Park Ave is a home located in Caroline County with nearby schools including Ridgely Elementary School, Lockerman Middle School, and North Caroline High School.

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