NOT LISTED FOR SALE

5041 Solomons Island Rd Lothian, MD 20711

Estimated Value: $147,000 - $352,000

0.25 Acre
$1,116,000 Price per Acre
10,890 Sq Ft Lot

Last Sold June 08, 2012

Last sale price $40,000 $51 Per Sq Ft

Est. 598% increase in value since last sale

Current estimated payment $1,677/month

618 Days on Market

About This Lot

As of June 2012

VALUE IS IN THE LAND.HOME NEEDS TORN DOWN. ****DO NOT ENTER HOME****. .25AC WITH RECENT SURVEY. HOME LOCATED ON HIGH GROUND OVERLOOKING FARM LAND. QUICK ACCESS TO RT4. AND RT2, 40 MINUTES TO D.C., 20 MINUTES TO ANNAPOLIS.

Last Agent to Sell the Property

Ray Mudd

(301) 261-9700 raymuddc21@aol.com Schwartz Realty, Inc. Listed on: 09/17/2010

Co-Listed By

Michael Dunn

(410) 867-4308 soldbydunn@aol.com Schwartz Realty, Inc. License #508462

Last Buyer's Agent

Farrah Fuchs

(301) 536-8726 farrah.fuchs@redfin.com Redfin Corp

Redfin Corp

Property Details

Property Type

  • Land

Lot Details

  • 0.25 Acre Lot
  • No Building Permits
  • Property is zoned RA

Utilities

  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 020100004134200

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 8.26

Utilities

  • Refuse: 275.00
  • Heating Fuel: Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Lot Info

  • Improvement Assessed Value: 58350.00
  • Land Assessed Value: 217220.00
  • Lot Size Acres: 0.25
  • Lot Size Area: 10890
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10890.00
  • Possible Use: Residential
  • Zoning: RA

Tax Info

  • Assessor Parcel Number: 15153554
  • Tax Annual Amount: 2958.12
  • Assessor Parcel Number: 020100004134200

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 9, 2016
Sold by
Pace Lagana Celena
Bought by
Mt Zion United Methodist Church
Current Estimated Value
$279,000

Purchase Details

Listed on
Sep 17, 2010
Closed on
Jun 8, 2012
Sold by
Chapman Hattie V and Dickerson Shirley A
Bought by
Pace Lagana Celena
Seller's Agent
Ray Mudd
Schwartz Realty, Inc.
Buyer's Agent
Farrah Fuchs
Redfin Corp
List Price
$89,900
Sold Price
$40,000
Premium/Discount to List
-$49,900
-55.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.46%
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
Mt Zion United Methodist Church $40,000 Attorney
Pace Lagana Celena $40,000 Atlantic Coast Title Inc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/08/2012 06/08/12 Sold $40,000 0.0% $51 / Sq Ft View Prior Sale
06/08/2012 06/08/12 Sold $40,000 -55.5% $51 / Sq Ft
05/27/2012 05/27/12 Pending -- -- --
05/27/2012 05/27/12 Pending -- -- --
09/17/2010 09/17/10 For Sale $89,900 0.0% $114 / Sq Ft
04/02/2009 04/02/09 For Sale $89,900 -- $114 / 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 $2,550 $190,500 $190,500 --
2024 $2,550 $190,500 $190,500 $0
2023 $2,708 $190,500 $190,500 $0
2022 $1,991 $190,500 $190,500 $0
2021 $2,570 $190,500 $190,500 $0
2020 $2,529 $190,500 $190,500 $0
2019 $2,432 $181,000 $0 $0
2018 $1,739 $171,500 $0 $0
2017 $4,164 $162,000 $0 $0
2016 -- $180,400 $0 $0
2015 -- $180,400 $0 $0
2014 -- $192,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ray Mudd

    Seller's Agent in 2012

    Ray Mudd

    Schwartz Realty, Inc.

    (301) 261-9700

    256 Total Sales

    Ray Mudd
    Section Image
  • Michael Dunn

    Seller Co-Listing Agent in 2012

    Michael Dunn

    Schwartz Realty, Inc.

    (410) 867-4308

    2 Total Sales

    Michael Dunn
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1005024332

Bright MLS

APN: 01-000-04134200

Maryland Anne Arundel County Lothian 20711

5041 Solomons Island Rd, Lothian, MD

Not Listed for Sale

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