NOT LISTED FOR SALE

515 Academy St Cambridge, MD 21613

Estimated Value: $121,000 - $198,000

3 Beds
2 Baths
1,504 Sq Ft
$101/Sq Ft Est. Value

Sale Details

Date Sold: September 4, 2024

Last sale price $125,000 $83 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $956 / mo

About This Home

Welcome to your dream home! This completely renovated gem at 515 Academy Ct in Cambridge is move-in ready and eagerly awaiting its new owners. Step inside to experience the fresh, modern interior featuring brand-new flooring throughout. The kitchen is a chef’s delight, boasting new appliances, sleek countertops, and contemporary cabinetry. Each room has been freshly painted, creating a bright and welcoming atmosphere. Located conveniently near Ocean City, this home offers not just comfort and style but also an excellent location for those who love the beach and coastal living. Don’t miss the opportunity to own this stunning, turn-key property.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2024
Closed on
Sep 4, 2024
Sold by
Loep Real Estate Llc
Bought by
Cornish Zion B and Smith Addison
Seller's Agent
Jonathan Minerick
Homecoin.com
Buyer's Agent
Janet Cephas
New Realty, LLC
List Price
$180,000
Sold Price
$125,000
Premium/Discount to List
-$55,000
-30.56%
Views
83
Current Estimated Value
$151,955

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,955
Avg. Annual Appreciation
12.33%
Original Mortgage
$122,735
Interest Rate
6.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 12, 2024
Sold by
Lakeview Loan Services
Bought by
Loep Real Virginia Limited Liability Company

Purchase Details

Closed on
Oct 12, 2023
Sold by
Drexel Christine M
Bought by
Lakeview Loan Servicing Llc

Purchase Details

Listed on
Sep 17, 2013
Closed on
Dec 31, 2013
Sold by
Paradise Llc
Bought by
Cannalito Melissa D and Foxwell Jennifer E
Seller's Agent
Jim Corson
Benson & Mangold, LLC
Buyer's Agent
Dan Shoemaker
Eastern Shore Real Estate Referrals, LLC
List Price
$99,000
Sold Price
$99,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.53%
Original Mortgage
$97,170
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 14, 2006
Sold by
Whitten Steven W
Bought by
Paradise Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 9, 2006
Sold by
Whitten Steven W
Bought by
Paradise Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 16, 1998
Sold by
Whitten Theodore Robert Donald
Bought by
Whitten Steven W
Source: Public Records

Range of Values:

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

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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
Cornish Zion B $125,000 Momentum Title
Cornish Zion B $125,000 Momentum Title
Loep Real Virginia Limited Liability Company $67,160 Ktl Title Group Of Virginia
Loep Real Virginia Limited Liability Company $67,160 Ktl Title Group Of Virginia
Lakeview Loan Servicing Llc $78,455 None Listed On Document
Cannalito Melissa D $99,000 Real Estate Title & Escrow L
Paradise Llc $105,000 --
Paradise Llc $105,000 --
Whitten Steven W $22,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cornish Zion B $122,735
Previous Owner Cannalito Melissa D $97,170
Previous Owner Paradise Llc $90,000
Previous Owner Paradise Llc $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/04/2024 09/04/24 Sold $125,000 -16.7% $83 / Sq Ft View Prior Sale
07/23/2024 07/23/24 Pending -- -- --
07/02/2024 07/02/24 Price Changed $150,000 -11.2% $100 / Sq Ft
06/18/2024 06/18/24 Price Changed $169,000 -6.1% $112 / Sq Ft
05/31/2024 05/31/24 For Sale $180,000 +81.8% $120 / Sq Ft
01/02/2014 01/02/14 Sold $99,000 0.0% $66 / Sq Ft View Prior Sale
11/07/2013 11/07/13 Pending -- -- --
09/17/2013 09/17/13 For Sale $99,000 -- $66 / Sq Ft

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 $1,741 $92,700 $6,000 $86,700
2024 $1,182 $78,333 $0 $0
2023 $1,182 $63,967 $0 $0
2022 $1,834 $49,600 $6,000 $43,600
2021 $935 $49,600 $6,000 $43,600
2020 $935 $49,600 $6,000 $43,600
2019 $440 $61,900 $16,000 $45,900
2018 $1,107 $59,600 $0 $0
2017 $1,064 $57,300 $0 $0
2016 -- $55,000 $0 $0
2015 $1,121 $55,000 $0 $0
2014 $1,121 $55,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jonathan Minerick

    Seller's Agent in 2024

    Jonathan Minerick

    Homecoin.com

    (888) 400-2513

    1 in this area

    7,605 Total Sales

    Jonathan Minerick
    Section Image
  • Janet Cephas

    Buyer's Agent in 2024

    Janet Cephas

    New Realty, LLC

    (443) 225-9241

    12 in this area

    21 Total Sales

    Janet Cephas
    Section Image
  • Jim Corson

    Seller's Agent in 2014

    Jim Corson

    Benson & Mangold, LLC

    (410) 310-6275

    16 in this area

    120 Total Sales

    Jim Corson
    Section Image
  • Dan Shoemaker

    Buyer's Agent in 2014

    Dan Shoemaker

    Eastern Shore Real Estate Referrals, LLC

    (410) 353-4387

    24 in this area

    64 Total Sales

    Dan Shoemaker
    Section Image
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Map

Maryland Dorchester County Cambridge 21613

515 Academy St, Cambridge, MD

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.

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