NOT LISTED FOR SALE

5307 Morris Neck Rd Cambridge, MD 21613

Estimated Value: $480,000 - $610,000

4 Beds
2.5 Baths
1,976 Sq Ft
$286/Sq Ft Est. Value

Last Sold May 15, 2020

Last sale price $320,000 $162 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $3,271/month

109 Days on Market

Highlights

  • Home fronts navigable water
  • 9.24 Acre Lot
  • 1 Fireplace
  • Water Access
  • Traditional Architecture
  • No HOA

About This Home

As of May 2020

BEAUTIFUL 9 ACRE PROPERTY ON THE LITTLE CHOPTANK RIVER WITH BIG SOUTHWEST VIEWS. HOUSE IS IN NEED OF SOME UPDATES BUT HAS GREAT BONES. DOCK, BOAT RAMP AND SANDY BEACH AREA. EXCELLENT HUNTING AND VERY PRIVATE!

Last Agent to Sell the Property

Henry Gibbons-Neff

(410) 822-6272 mre@goeaston.net Meredith Fine Properties Listed on: 11/18/2019

Last Buyer's Agent

Jamie Latham

(410) 770-9255 info@bensonandmangold.com Benson & Mangold, LLC License #664103

Benson & Mangold, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,580

Year Built

  • Built in 1971

Lot Details

  • 9.24 Acre Lot
  • Home fronts navigable water
  • Property is zoned RC

Parking

  • 2 Car Detached Garage

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,976 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms

Outdoor Features

  • Water Access
  • River Nearby

Utilities

  • Window Unit Cooling System
  • Electric Baseboard Heater
  • Well
  • Septic Tank
  • Community Sewer or Septic

Community Details

  • No Home Owners Association
  • Cambridge Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 1008187304

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,580

Year Built

Built in 1971

Lot Details

9.24 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Year Built: 1971
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1976
  • Living Area Sq Ft: 1976
  • Price Per Sq Ft: 240.38
  • Above Grade Finished Sq Ft: 1976
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Water Access: Yes
  • Water Body Name: LITTLE CHOPTANK
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Sewer/Septic System: Community Septic Tank, Private Septic Tank
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 119600.00
  • Land Assessed Value: 202400.00
  • Lot Size Acres: 9.24
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 402494.00
  • Zoning: RC
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5317607
  • Tax Annual Amount: 3580.00
  • Assessor Parcel Number: 1008187304
  • Tax Lot: 2
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020

MLS Schools

  • School District Name: DORCHESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2019
Closed on
Jun 19, 2020
Sold by
Cooper Ronald E and Cooper Martha M
Bought by
Cooper Ronald E and Cooper Martha M
Seller's Agent
Henry Gibbons-Neff
Meredith Fine Properties
Buyer's Agent
Jamie Latham
Benson & Mangold, LLC
List Price
$500,000
Sold Price
$320,000
Premium/Discount to List
-$180,000
-36%
Current Estimated Value
$564,255

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,255
Avg. Annual Appreciation
10.37%
Original Mortgage
$331,520
Outstanding Balance
$293,773
Interest Rate
3.3%
Mortgage Type
VA
Estimated Equity
$270,482

Purchase Details

Listed on
Nov 18, 2019
Closed on
May 21, 2020
Sold by
Semans Edwin W
Bought by
Cooper Ronald E and Cooper Martha
Seller's Agent
Henry Gibbons-Neff
Meredith Fine Properties
Buyer's Agent
Jamie Latham
Benson & Mangold, LLC
List Price
$500,000
Sold Price
$320,000
Premium/Discount to List
-$180,000
-36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$331,520
Outstanding Balance
$293,773
Interest Rate
3.3%
Mortgage Type
VA
Estimated Equity
$270,482

Purchase Details

Listed on
Oct 7, 2015
Closed on
Oct 28, 2015
Sold by
Caffrey Wendelin Heineman
Bought by
Semans Edwin W
Seller's Agent
Wayne Johnson
ERA Martin Associates
Buyer's Agent
Travis Gray
Engel & Völkers Annapolis
List Price
$415,000
Sold Price
$415,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.55%

Purchase Details

Closed on
Dec 26, 2000
Sold by
Heineman Aleta L
Bought by
Caffrey Wendelin Heineman
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cooper Ronald E -- None Available
Cooper Ronald E $320,000 Venture Title Company Llc
Semans Edwin W $415,000 Eagle Title Llc
Caffrey Wendelin Heineman -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cooper Ronald E $331,520
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/15/2020 05/15/20 Sold $320,000 -32.6% $162 / Sq Ft
03/06/2020 03/06/20 Pending -- -- --
01/06/2020 01/06/20 Price Changed $475,000 -5.0% $240 / Sq Ft
11/18/2019 11/18/19 For Sale $500,000 +20.5% $253 / Sq Ft
10/30/2015 10/30/15 Sold $415,000 0.0% $210 / Sq Ft View Prior Sale
10/08/2015 10/08/15 Pending -- -- --
10/07/2015 10/07/15 For Sale $415,000 -- $210 / Sq Ft
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 $4,413 $381,133 $0 $0
2024 $3,801 $358,767 $0 $0
2023 $3,801 $336,400 $201,000 $135,400
2022 $3,747 $331,600 $0 $0
2021 $3,641 $326,800 $0 $0
2020 $3,641 $322,000 $202,400 $119,600
2019 $3,641 $322,000 $202,400 $119,600
2018 $3,641 $322,000 $202,400 $119,600
2017 $3,898 $352,800 $0 $0
2016 -- $352,800 $0 $0
2015 -- $352,800 $0 $0
2014 -- $359,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDDO124616

Bright MLS

APN: 08-187304

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