NOT LISTED FOR SALE

5412 Ragged Point Rd Cambridge, MD 21613

Estimated Value: $322,704 - $542,000

5.9 Acres
$69,362 Price per Acre
257,004 Sq Ft Lot

Last Sold November 07, 2020

Last sale price $230,000

Est. 78% increase in value since last sale

Current estimated payment $2,392/month

Highlights

  • 464 Feet of Waterfront
  • Sandy Beach
  • Fishing Allowed
  • Seaplane Permitted
  • Horses Allowed On Property
  • 5.9 Acre Lot

About This Lot

As of November 2020

This property has broad westerly views of the Chesapeake Bay. The building pad has been established driveway installed, Septic system in place, Deep well, and electric has been brought from the road to the building pad. Trees by the road gives great privacy. A ready to build site. Just cleared and mowed for easy showing. This is one of the last building lots with broad views of the bay in Dorchester county. Bring your plans and build your dream home on the bay.

Last Agent to Sell the Property

Dan Shoemaker

(410) 353-4387 dan@exitotb.com Eastern Shore Real Estate Referrals, LLC License #RMR005185 Listed on: 07/06/2020

Last Buyer's Agent

Lisa Knotts

(302) 362-6365 lisaknotts1@gmail.com Meredith Fine Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,766

Lot Details

  • 5.9 Acre Lot
  • 464 Feet of Waterfront
  • Home fronts navigable water
  • Sandy Beach
  • Property is zoned RR

Schools

  • South Dorchester Elementary School
  • Mace's Lane Middle School

Utilities

  • 120/240V
  • Well
  • Septic Tank
  • Phone Available

Additional Features

  • Flood Risk
  • Horses Allowed On Property

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 1008187185

Community Details

Overview

  • No Home Owners Association

Recreation

  • Fishing Allowed
  • Seaplane Permitted
  • Access to Tidal Water
  • Canoe or Kayak Water Access
  • Private Water Access
  • Property near a bay
  • Personal Watercraft
  • Waterski or Wakeboard
  • Sail
  • Rip-Rap
  • Swimming Allowed
  • Powered Boats Permitted

Property Details

Property Type

Land

Est. Annual Taxes

$1,766

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only, Recreation
  • Exclusions: Travel Trailer
  • Inclusions: Well, Septic,and electric Installed
  • New Construction: No
  • Federal Flood Zone: Yes
  • Automatically Close On Close Date: No
  • Remarks Public: This property has broad westerly views of the Chesapeake Bay. The building pad has been established driveway installed, Septic system in place, Deep well, and electric has been brought from the road to the building pad. Trees by the road gives great privacy. A ready to build site. Just cleared and mowed for easy showing. This is one of the last building lots with broad views of the bay in Dorchester county. Bring your plans and build your dream home on the bay.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 0.93
  • Street Number Modifier: 5412

Exterior Features

  • Construction Completed: No
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Personal Watercraft (PWC), Private Access, Sail, Seaplane Permitted, Swimming Allowed, Waterski/Wakeboard
  • Water Access: Yes
  • Water Body Name: Chesapeake Bay
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Tidal Water: Yes
  • Water View: No
  • Water Frontage In Feet: 464

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Electric Service: 120/240V
  • Sewer/Septic System: Septic Exists
  • Utilities: Electric Available, Phone Available, Water Available
  • Water Source: Well
  • Internet Services: DSL

Condo/Co-op/Association

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

Schools

  • School District: DORCHESTER COUNTY PUBLIC SCHOOLS
  • Elementary School: SOUTH DORCHESTER SCHOOL
  • Middle School: MACE'S LANE
  • High School: CALL SCHOOL BOARD
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121139665361
  • School District Source: Listing Agent
  • Elementary School: SOUTH DORCHESTER SCHOOL
  • High School: CALL SCHOOL BOARD
  • Middle Or Junior School: MACE'S LANE

Lot Info

  • Horses: Yes
  • Additional Parcels: No
  • Horse Amenities: Horses Allowed
  • Land Use Code: 110
  • Lot Size Acres: 5.90
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 257004.00
  • Year Assessed: 2020
  • Zoning: RR
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 5317598
  • Tax Annual Amount: 1766.00
  • Assessor Parcel Number: 1008187185
  • Tax Lot: 8
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 11/07/2020

Multi Family

  • Federal Flood Zone: AE
  • Waterfront Features: Rip-Rap, Sandy Beach

MLS Schools

  • School District Name: DORCHESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2020
Closed on
Nov 6, 2020
Sold by
Mcmonigle Robert A and Mcmonigle Marianne
Bought by
Shahrooz Ghassem
Seller's Agent
Dan Shoemaker
Eastern Shore Real Estate Referrals, LLC
Buyer's Agent
Lisa Knotts
Meredith Fine Properties
List Price
$239,000
Sold Price
$230,000
Premium/Discount to List
-$9,000
-3.77%
Current Estimated Value
$409,235

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,235
Avg. Annual Appreciation
12.40%

Purchase Details

Listed on
Sep 27, 2013
Closed on
Dec 12, 2016
Sold by
Strott Gregory G and Strott Patricia H
Bought by
Mcmonigle Robert A and Mcmonigle Mari Anne
Seller's Agent
Levin Elzey
Long & Foster Real Estate, Inc.
Buyer's Agent
Dan Shoemaker
Eastern Shore Real Estate Referrals, LLC
List Price
$375,000
Sold Price
$175,000
Premium/Discount to List
-$200,000
-53.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.24%
Original Mortgage
$90,000
Interest Rate
3.57%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 9, 1994
Sold by
Reigle Margaret Ann
Bought by
Strott Gregory G and Strott Patricia H
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
Shahrooz Ghassem $230,000 Title Excellence
Mcmonigle Robert A $175,000 None Available
Strott Gregory G $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcmonigle Robert A $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/07/2020 11/07/20 Sold $230,000 -3.8% --
09/10/2020 09/10/20 Pending -- -- --
07/06/2020 07/06/20 For Sale $239,000 +36.6% --
12/12/2016 12/12/16 Sold $175,000 -53.3% -- View Prior Sale
10/26/2016 10/26/16 Pending -- -- --
09/27/2013 09/27/13 For Sale $375,000 -- --
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 $2,947 $258,067 $0 $0
2024 $2,128 $224,733 $0 $0
2023 $2,128 $191,400 $191,400 $0
2022 $2,045 $183,900 $0 $0
2021 $1,878 $176,400 $0 $0
2020 $1,878 $168,900 $168,900 $0
2019 $1,767 $158,900 $0 $0
2018 $1,312 $148,900 $0 $0
2017 $1,511 $138,900 $0 $0
2016 -- $138,900 $0 $0
2015 -- $138,900 $0 $0
2014 $26 $174,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dan Shoemaker

    Seller's Agent in 2020

    Dan Shoemaker

    Eastern Shore Real Estate Referrals, LLC

    (410) 353-4387

    29 in this area

    72 Total Sales

    Dan Shoemaker
    Section Image
  • Lisa Knotts

    Buyer's Agent in 2020

    Lisa Knotts

    Meredith Fine Properties

    (302) 362-6365

    23 in this area

    74 Total Sales

    Lisa Knotts
    Section Image
  • Levin Elzey

    Seller's Agent in 2016

    Levin Elzey

    Long & Foster

    (443) 521-0256

    30 in this area

    64 Total Sales

    Levin Elzey
    Section Image
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Map

Source: Bright MLS

MLS Number: MDDO125662

Bright MLS

APN: 08-187185

Maryland Dorchester County Cambridge 21613

5412 Ragged Point Rd, Cambridge, MD

This home is located at 5412 Ragged Point Rd, Cambridge, MD 21613 since 06 July 2020 and is currently estimated at $409,235. 5412 Ragged Point Rd is a home located in Dorchester County with nearby schools including Sandy Hill Elementary School, Mace's Lane Middle School, and Cambridge-South Dorchester High School.

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