NOT LISTED FOR SALE

5315 Ragged Point Rd Cambridge, MD 21613

Estimated Value: $484,000 - $562,000

3 Beds
1 Bath
1,076 Sq Ft
$489/Sq Ft Est. Value

Last Sold July 16, 2021

Last sale price $375,000 $349 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $3,102/month

Highlights

  • Home fronts navigable water
  • 9.3 Acre Lot
  • 1 Fireplace
  • Water Access
  • Craftsman Architecture
  • No HOA

About This Home

As of July 2021

A not to be missed 9.3+/- acre Waterfront residence with dual water views - sunsets over the Chesapeake Bay and sunrises over Pattison Cove and Brooks Creek. Come by land or by water. This property contains over a thousand feet of private shoreline along the protected water of Pattison Cove with 5+/- feet of MLW. Follow the charted waters from the Chesapeake Bay to the Little Choptank River and Brooks Creek to your 100 +/- ft pier. By land, arrive by (the dead end) Ragged Point Rd. Improved with a cozy 2-3 bedroom home with excellent elevation and a storage building. This could be your second home -get away location, full time residence, a vacation rental investment or perhaps a future site of your dream home. Come and enjoy all of the Eastern Shore's recreational activities at one location, or just come to relax and watch the wildlife (deer, turkey, ducks, eagles, owls , songbirds, etc.) from the windows of your home, the deck or the screened in porch. The setting is peaceful, and mature hardwoods create plenty of shade. Public boat launch is just around the corner!

Last Agent to Sell the Property

Edward Cartwright

(484) 280-7842 edckares@gmail.com Benson & Mangold, LLC License #671177 Listed on: 06/18/2021

Benson & Mangold, LLC

Last Buyer's Agent

Theresa Connors

(443) 477-4798 theresaconnorsrealtor@gmail.com Charles C. Powell, Inc. Realtors License #675759

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,542

Year Built

  • Built in 1900

Lot Details

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

Parking

  • Off-Street Parking

Home Design

  • Craftsman Architecture
  • Raised Ranch Architecture
  • Frame Construction
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,076 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Water Access
  • Property Near A Cove

Location

  • Flood Risk

Utilities

  • Electric Baseboard Heater
  • Well
  • Electric Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1008177120

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,542

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Craftsman, Raised Ranch/Rambler
  • Ownership: Fee Simple
  • Home Warranty: No
  • Inclusions: ceiling fans (6), exhaust fan, refrigerator, stove/range, screens, shades, blinds, storage shed
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2021-06-18
  • Federal Flood Zone: Yes
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Remarks Public: A not to be missed 9.3+/- acre Waterfront residence with dual water views - sunsets over the Chesapeake Bay and sunrises over Pattison Cove and Brooks Creek. Come by land or by water. This property contains over a thousand feet of private shoreline along the protected water of Pattison Cove with 5+/- feet of MLW. Follow the charted waters from the Chesapeake Bay to the Little Choptank River and Brooks Creek to your 100 +/- ft pier. By land, arrive by (the dead end) Ragged Point Rd. Improved with a cozy 2-3 bedroom home with excellent elevation and a storage building. This could be your second home -get away location, full time residence, a vacation rental investment or perhaps a future site of your dream home. Come and enjoy all of the Eastern Shore's recreational activities at one location, or just come to relax and watch the wildlife (deer, turkey, ducks, eagles, owls , songbirds, etc.) from the windows of your home, the deck or the screened in porch. The setting is peaceful, and mature hardwoods create plenty of shade. Public boat launch is just around the corner!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1076
  • Living Area Sq Ft: 1076
  • Price Per Sq Ft: 348.51
  • Above Grade Finished Sq Ft: 1076
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5315

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • 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: Frame, Stick Built, Vinyl Siding
  • Water Access: Yes
  • Water Body Name: Pattison Cove
  • Water Body Type: Cove
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: 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: 60900.00
  • Land Assessed Value: 258100.00
  • Land Use Code: 110
  • Lot Size Acres: 9.30
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 405108.00
  • Year Assessed: 2021
  • Zoning: RC
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5316843
  • Tax Annual Amount: 3542.00
  • Assessor Parcel Number: 1008177120
  • Tax Total Finished Sq Ft: 1076
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 07/16/2021

Multi Family

  • Federal Flood Zone: AE

MLS Schools

  • School District Name: DORCHESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2021
Closed on
Jul 16, 2021
Sold by
Olinger John Peter
Bought by
Soul Michael J E and Soul Luann
Seller's Agent
Edward Cartwright
Benson & Mangold, LLC
Buyer's Agent
Theresa Connors
Charles C. Powell, Inc. Realtors
List Price
$375,000
Sold Price
$375,000
Current Estimated Value
$526,414

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,414
Avg. Annual Appreciation
8.25%

Purchase Details

Closed on
Nov 9, 1994
Sold by
Dean Norman Arlon and Dean Linda B
Bought by
Olinger John Peter

Purchase Details

Closed on
Jul 21, 1986
Sold by
Scanlon John W and Scanlon Kathleen B
Bought by
Dean Norman Arlon and Dean Linda B

Purchase Details

Closed on
Dec 5, 1983
Sold by
Mehalov Frank and Mehalov Ida Mae
Bought by
Scanlon Dr John W and Scanlon Kathleen B
Source: Public Records

Range of Values:

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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
Soul Michael J E $375,000 Real Estate Title & Escrow
Olinger John Peter $137,000 --
Dean Norman Arlon $94,500 --
Scanlon Dr John W $62,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/16/2021 07/16/21 Sold $375,000 0.0% $349 / Sq Ft
06/21/2021 06/21/21 Pending -- -- --
06/18/2021 06/18/21 For Sale $375,000 -- $349 / 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 $4,091 $353,000 $0 $0
2024 $3,607 $336,000 $0 $0
2023 $3,607 $319,000 $258,100 $60,900
2022 $3,545 $318,867 $0 $0
2021 $3,603 $318,733 $0 $0
2020 $3,603 $318,600 $262,300 $56,300
2019 $3,603 $318,600 $262,300 $56,300
2018 $3,603 $318,600 $262,300 $56,300
2017 $4,094 $371,500 $0 $0
2016 -- $371,467 $0 $0
2015 -- $371,433 $0 $0
2014 $4,806 $371,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDDO127584

Bright MLS

APN: 08-177120