NOT LISTED FOR SALE

5232 Ragged Point Rd Cambridge, MD 21613

Estimated Value: $671,000 - $872,000

3 Beds
2 Baths
2,496 Sq Ft
$308/Sq Ft Est. Value

Last Sold January 22, 2021

Last sale price $475,000 $190 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $4,035/month

Highlights

  • Home fronts navigable water
  • Bay View
  • Secluded Lot
  • Water Access
  • 4.1 Acre Lot
  • No HOA

About This Home

As of January 2021

L Shaped rancher with 2,496 sq. ft. with Panoramic Westerly views of the Chesapeake Bay and SUNSETS - Rural remote location- Dwelling does need new siding . Dwelling offers 3 bedrooms - 2 baths, Andersen windows , ample storage, 2 X 6 exterior walls and recently re-shingled roof. Wildlife abounds - Shoreline is riprapped - Dwelling is not occupied and can be shown anytime!

Last Agent to Sell the Property

Larry Mills

(443) 521-1515 larryespinc@gmail.com Eastern Shore Properties, ESP Inc. License #52635 Listed on: 11/23/2020

Last Buyer's Agent

John Campbell

(240) 674-8094 john@johncampbellhomes.com RE/MAX Results

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,736

Year Built

  • Built in 1988

Lot Details

  • 4.1 Acre Lot
  • Home fronts navigable water
  • Rural Setting
  • Secluded Lot
  • Marsh on Lot
  • Tidal Wetland on Lot
  • Back Yard
  • Property is zoned RR

Parking

  • Driveway

Home Design

  • Fixer Upper

Interior Spaces

  • 2,496 Sq Ft Home
  • Property has 1 Level
  • Bay Views

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Water Access
  • Property near a bay
  • Rip-Rap

Location

  • Flood Zone Lot

Utilities

  • Central Air
  • Cooling System Utilizes Bottled Gas
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Ragged Point Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1008186499

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,736

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Year Built: 1988
  • Automatically Close On Close Date: No
  • Remarks Public: L Shaped rancher with 2,496 sq. ft. with Panoramic Westerly views of the Chesapeake Bay and SUNSETS - Rural remote location- Dwelling does need new siding . Dwelling offers 3 bedrooms - 2 baths, Andersen windows , ample storage, 2 X 6 exterior walls and recently re-shingled roof. Wildlife abounds - Shoreline is riprapped - Dwelling is not occupied and can be shown anytime!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 2496
  • Living Area Sq Ft: 2496
  • Price Per Sq Ft: 191.91
  • Above Grade Finished Sq Ft: 2496
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5232

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • View: Bay
  • Water Access: Yes
  • Water Body Name: Chesapeake Bay
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Bottled Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: DORCHESTER COUNTY PUBLIC SCHOOLS
  • School District Key: 121139665361
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 169700.00
  • Land Assessed Value: 256200.00
  • Land Use Code: 110
  • Lot Features: Rip-Rapped, Rural, Marshy, Flood Plain, Rear Yard, Road Frontage, Secluded, Tidal Wetland
  • Lot Size Acres: 4.10
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 178596.00
  • Property Condition: Major Rehab Needed
  • Year Assessed: 2020
  • Zoning: RR
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5317542
  • Tax Annual Amount: 4736.00
  • Assessor Parcel Number: 1008186499
  • Tax Total Finished Sq Ft: 2496
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 01/22/2021

MLS Schools

  • School District Name: DORCHESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2020
Closed on
Jan 22, 2021
Sold by
Collins Greg and Collins Tony
Bought by
Mcclure William Douglas and Mcclure Leticia
Seller's Agent
Larry Mills
Eastern Shore Properties, ESP Inc.
Buyer's Agent
John Campbell
RE/MAX Results
List Price
$479,000
Sold Price
$475,000
Premium/Discount to List
-$4,000
-0.84%
Current Estimated Value
$768,494

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$293,494
Avg. Annual Appreciation
10.64%
Original Mortgage
$515,928
Outstanding Balance
$460,387
Interest Rate
2.7%
Mortgage Type
VA
Estimated Equity
$308,107

Purchase Details

Closed on
Jul 5, 1996
Sold by
Burris William M
Bought by
Bramble Charles E and Bramble Janet G

Purchase Details

Closed on
Oct 16, 1987
Sold by
Krapf James P
Bought by
Burris William M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,000
Interest Rate
11.58%
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
Mcclure William Douglas $498,000 Community Title Network Llc
Bramble Charles E $170,000 --
Burris William M $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcclure William Douglas $515,928
Previous Owner Burris William M $19,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/22/2021 01/22/21 Sold $475,000 -0.8% $190 / Sq Ft
11/29/2020 11/29/20 Pending -- -- --
11/23/2020 11/23/20 For Sale $479,000 -- $192 / 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 $60 $519,533 $0 $0
2024 $5,033 $483,367 $0 $0
2023 $5,033 $447,200 $254,600 $192,600
2022 $9,908 $440,100 $0 $0
2021 $4,796 $433,000 $0 $0
2020 $4,796 $425,900 $256,200 $169,700
2019 $4,796 $425,900 $256,200 $169,700
2018 $4,803 $425,900 $256,200 $169,700
2017 $4,527 $484,700 $0 $0
2016 -- $484,700 $0 $0
2015 -- $484,700 $0 $0
2014 -- $567,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDDO126468

Bright MLS

APN: 08-186499