NOT LISTED FOR SALE

507 Maryland Ave Ridgely, MD 21660

Estimated Value: $191,000 - $236,348

2 Beds
1 Bath
1,008 Sq Ft
$213/Sq Ft Est. Value

Last Sold November 01, 2019

Last sale price $85,000 $84 Per Sq Ft

Est. 152% increase in value since last sale

Current estimated payment $1,339/month

53 Days on Market

Highlights

  • No HOA
  • Heat Pump System
  • 2-minute walk to Martin Sutton Memorial Park
  • Bungalow

About This Home

As of November 2019

Investor Alert! Great bungalow in town of Ridgely, walk to amenities, close to everything! Corner lot with beautiful mature trees! Large kitchen!

Last Agent to Sell the Property

Megan Rosendale

Rosendale Realty License #641304 Listed on: 08/23/2019

Last Buyer's Agent

Megan Rosendale

Rosendale Realty License #641304 Listed on: 08/23/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,852

Year Built

  • Built in 1987

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 60.00 x 0.00
  • Property is zoned R1

Home Design

  • Bungalow
  • Vinyl Siding

Interior Spaces

  • 1,008 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • Driveway
  • Off-Street Parking

Utilities

  • Window Unit Cooling System
  • Heat Pump System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 07-014244

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,852

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1987
  • Remarks Public: Investor Alert! Great bungalow in town of Ridgely, walk to amenities, close to everything! Corner lot with beautiful mature trees! Large kitchen!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1008
  • Living Area Sq Ft: 1008
  • Price Per Sq Ft: 99.21
  • Above Grade Finished Sq Ft: 1008
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 507

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • 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: Vinyl Siding
  • 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, Off Street

Utilities

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

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Land Use Code: 110
  • Lot Size Acres: 0.25
  • Lot Dimensions: 60.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10718.00
  • Year Assessed: 2019
  • Zoning: R1
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1852.00
  • Assessor Parcel Number: 07-014244
  • Tax Lot: 1
  • Tax Total Finished Sq Ft: 1008
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 11/01/2019

MLS Schools

  • School District Name: CAROLINE COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 2, 2024
Sold by
Jarboe Margaret D
Bought by
Jarboe Margaret D and Jarboe Michael Francis
Current Estimated Value
$214,337

Purchase Details

Listed on
Aug 23, 2019
Closed on
Nov 6, 2019
Sold by
Smith Phillip R and Smith Ethel R
Bought by
Racey Barbara E and Jaiboe Margaret D
Seller's Agent
Megan Rosendale
Rosendale Realty
Buyer's Agent
Megan Rosendale
Rosendale Realty
List Price
$109,000
Sold Price
$85,000
Premium/Discount to List
-$24,000
-22.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.84%

Purchase Details

Closed on
Nov 29, 2000
Sold by
Secretary Of Housing & Urban
Bought by
Smith Phillip R and Smith Ethel R

Purchase Details

Closed on
Aug 5, 1999
Sold by
Carr Raymond B and Carr Betty D
Bought by
Secretary Of Housing & Urban and Dev Of Washington D C , The

Purchase Details

Closed on
Feb 22, 1988
Sold by
Ronald Ronald R and Ronald Barbara J
Bought by
Carr Raymond B and Carr Betty D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,467
Interest Rate
9.92%
Source: Public Records

Range of Values:

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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
Jarboe Margaret D -- None Listed On Document
Racey Barbara E $85,000 The Atlantic Title Group
Smith Phillip R $58,100 --
Secretary Of Housing & Urban $83,200 --
Carr Raymond B $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Phillip R $50,000
Previous Owner Carr Raymond B $56,467
Closed Smith Phillip R --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2019 11/01/19 Sold $85,000 -15.0% $84 / Sq Ft
10/15/2019 10/15/19 Pending -- -- --
09/11/2019 09/11/19 Price Changed $99,999 -8.3% $99 / Sq Ft
08/23/2019 08/23/19 For Sale $109,000 -- $108 / 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 $2,051 $158,100 $0 $0
2024 $2,051 $140,200 $42,600 $97,600
2023 $2,051 $134,033 $0 $0
2022 $1,987 $127,867 $0 $0
2021 $0 $121,700 $36,900 $84,800
2020 $6 $118,667 $0 $0
2019 $3,649 $115,633 $0 $0
2018 $1,791 $112,600 $36,900 $75,700
2017 $1,771 $111,233 $0 $0
2016 -- $109,867 $0 $0
2015 $1,573 $108,500 $0 $0
2014 $1,573 $108,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Megan Rosendale

    Seller's Agent in 2019

    Megan Rosendale

    Rosendale Realty

    (410) 758-0333

    61 Total Sales

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Map

Source: Bright MLS

MLS Number: MDCM122884

Bright MLS

APN: 07-014244

Maryland Caroline County Ridgely 21660

507 Maryland Ave, Ridgely, MD

This home is located at 507 Maryland Ave, Ridgely, MD 21660 since 23 August 2019 and is currently estimated at $214,337, approximately $212 per square foot. This property was built in 1987. 507 Maryland 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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