NOT LISTED FOR SALE

5166 Cedarlea Dr West River, MD 20778

Estimated Value: $728,000 - $875,830

2 Acres
$396,604 Price per Acre
87,120 Sq Ft Lot

Last Sold May 23, 2013

Last sale price $80,000

Est. 892% increase in value since last sale

Current estimated payment $4,811/month

290 Days on Market

About This Lot

As of May 2013

Great opportunity to own a 2 acre wooded lot in West River. Public sewer is available. Call office for plat and infor before showing!

Last Agent to Sell the Property

Julie Harris

(410) 798-4455 harris.julie50@gmail.com KD Realty Inc License #515388 Listed on: 05/08/2012

Last Buyer's Agent

Danny DeAngelo

(410) 266-0600 annapoliswest@penfedrealty.com Berkshire Hathaway HomeServices PenFed Realty License #37203

Berkshire Hathaway HomeServices PenFed Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,592

Lot Details

  • 2 Acre Lot
  • No Building Permits

Utilities

  • Public Hookup Available For Water
  • Well Permit Not Applied For
  • No Septic System

Community Details

  • No Home Owners Association
  • Cedarlea Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 020700090217966

Property Details

Property Type

Land

Est. Annual Taxes

$1,592

Lot Details

2 Acres

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • New Construction: No
  • Special Features: 20
  • Property Sub Type: LotsLands

Interior Features

  • Basement: No
  • Price Per Sq Ft: 1.15

Exterior Features

  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Refuse: 315.00
  • Central Air Conditioning: No
  • Sewer/Septic System: No Septic System
  • Water Source: Public Hook-Up Available, Well Permit Not Applied For

Condo/Co-op/Association

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

Lot Info

  • Lot Size Acres: 2.00
  • Lot Size Area: 87120
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 87120.00
  • Possible Use: Residential
  • Zoning: R

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15438785
  • Tax Annual Amount: 1592.50
  • Assessor Parcel Number: 020700090217966
  • Tax Lot: 1
  • County Tax Payment Frequency: Annually
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 21, 2014
Sold by
Schafer Edward
Bought by
Schafer Edward Roger and Schafer Janet Darlene
Current Estimated Value
$793,208

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Outstanding Balance
$258,582
Interest Rate
2.87%
Mortgage Type
Construction
Estimated Equity
$534,626

Purchase Details

Listed on
May 8, 2012
Closed on
May 15, 2013
Sold by
Hardy Credit Co
Bought by
Schafer Edward
Seller's Agent
Julie Harris
KD Realty Inc
Buyer's Agent
Danny DeAngelo
Berkshire Hathaway HomeServices PenFed Realty
List Price
$120,000
Sold Price
$80,000
Premium/Discount to List
-$40,000
-33.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.61%

Purchase Details

Closed on
Sep 16, 2009
Sold by
Richland Homes Inc
Bought by
Hardy Credit Co

Purchase Details

Closed on
Feb 24, 2006
Sold by
Richard L Howard Const Co
Bought by
Richland Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,500
Interest Rate
6.16%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 14, 2006
Sold by
Richard L Howard Const Co
Bought by
Richland Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,500
Interest Rate
6.16%
Mortgage Type
Construction
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
Schafer Edward Roger -- Stonewall Title & Escrow Inc
Schafer Edward $80,000 Dunns Title & Escrow Inc
Hardy Credit Co $190,000 --
Richland Homes Inc $275,000 --
Richland Homes Inc $275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schafer Edward Roger $350,000
Previous Owner Richland Homes Inc $472,500
Previous Owner Richland Homes Inc $472,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/23/2013 05/23/13 Sold $80,000 -33.3% --
02/22/2013 02/22/13 Pending -- -- --
05/08/2012 05/08/12 For Sale $120,000 -- --
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 $8,192 $766,433 -- --
2024 $8,192 $702,267 $0 $0
2023 $7,442 $638,100 $190,000 $448,100
2022 $6,671 $597,233 $0 $0
2020 $5,779 $515,500 $190,000 $325,500
2019 $5,646 $502,233 $0 $0
2018 $4,958 $488,967 $0 $0
2017 $5,230 $475,700 $0 $0
2016 -- $474,833 $0 $0
2015 -- $473,967 $0 $0
2014 -- $90,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003979358

Bright MLS

APN: 07-000-90217966

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