NOT LISTED FOR SALE

502 Park Ave Ridgely, MD 21660

Estimated Value: $219,000 - $289,000

3 Beds
1 Bath
1,423 Sq Ft
$184/Sq Ft Est. Value

Last Sold October 10, 2023

Last sale price $190,000 $134 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $1,631/month

50 Days on Market

Highlights

  • Rambler Architecture
  • Forced Air Heating System
  • 1-minute walk to Martin Sutton Memorial Park
  • No HOA

About This Home

As of October 2023

Don't pass this property up. It is conveniently located on a corner lot with a park across the street, when you pull up there exterior of the home features all brick exterior and nicely landscaped yard. As you enter into the interior it features 3 bedroom and 1 full bath. Call today and schedule your private showing.

Last Agent to Sell the Property

Dan Foster

(410) 479-3993 danbfoster@gmail.com Long & Foster Real Estate, Inc. Listed on: 08/03/2023

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Anthony MacDonald

(443) 205-4007 anthony@macdonaldgrouprealty.com Iron Valley Real Estate Ocean City License #RS-0037933

Iron Valley Real Estate Ocean City

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,605

Year Built

  • Built in 1947

Lot Details

  • 0.31 Acre Lot
  • Property is zoned R1

Home Design

  • Rambler Architecture
  • Brick Exterior Construction
  • Architectural Shingle Roof

Interior Spaces

  • 1,423 Sq Ft Home
  • Property has 1 Level
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • Driveway
  • On-Street Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Propane Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0607001924

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,605

Year Built

Built in 1947

Lot Details

0.31 Acres

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-08-07
  • Federal Flood Zone: No
  • Year Built: 1947
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1423
  • Living Area Sq Ft: 1423
  • Price Per Sq Ft: 146.87
  • Above Grade Finished Sq Ft: 1423
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • 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, On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Propane
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes
  • Internet Services: Cable

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.31
  • Lot Dimensions: 75.00 x
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13500.00
  • Zoning: R1
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2605.00
  • Assessor Parcel Number: 0607001924
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: CAROLINE COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2023
Closed on
Oct 10, 2023
Sold by
Hutchison Jana L
Bought by
Saathoff Paul William
Seller's Agent
Dan Foster
Long & Foster Real Estate, Inc.
Buyer's Agent
Anthony MacDonald
Iron Valley Real Estate Ocean City
List Price
$250,000
Sold Price
$190,000
Premium/Discount to List
-$60,000
-24%
Views
179
Current Estimated Value
$261,212

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,212
Avg. Annual Appreciation
14.06%

Purchase Details

Closed on
Feb 28, 2014
Sold by
Balderson John I and Balderson Carol A
Bought by
Hutchison Jana L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,000
Interest Rate
4.32%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Purchase History

Date Buyer Sale Price Title Company
Saathoff Paul William $190,000 Eastern Shore Title
Hutchison Jana L $73,000 Eastern Shore Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hutchison Jana L $58,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/10/2023 10/10/23 Sold $190,000 -9.1% $134 / Sq Ft
09/07/2023 09/07/23 Price Changed $209,000 -16.4% $147 / Sq Ft
08/03/2023 08/03/23 For Sale $250,000 -- $176 / Sq Ft
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 $3,262 $216,400 $0 $0
2024 $3,042 $201,800 $45,300 $156,500
2023 $2,827 $184,733 $0 $0
2022 $2,606 $167,667 $0 $0
2021 $2,334 $150,600 $38,800 $111,800
2020 $2,334 $146,667 $0 $0
2019 $2,299 $142,733 $0 $0
2018 $2,213 $138,800 $38,800 $100,000
2017 $2,180 $136,167 $0 $0
2016 -- $133,533 $0 $0
2015 $1,839 $130,900 $0 $0
2014 $1,839 $130,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2023

    Dan Foster

    Long & Foster

    (410) 310-3393

    19 Total Sales

    Dan Foster
    Section Image
  • Anthony MacDonald

    Buyer's Agent in 2023

    Anthony MacDonald

    Iron Valley Real Estate Ocean City

    (302) 535-3840

    51 Total Sales

    Anthony MacDonald
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDCM2003246

Bright MLS

APN: 07-001924

Maryland Caroline County Ridgely 21660

502 Park Ave, Ridgely, MD

Not Listed for Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bright MLS The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2026 Bright MLS, Inc.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.