NOT LISTED FOR SALE

5418 Ragged Point Rd Cambridge, MD 21613

Estimated Value: $1,026,000 - $1,770,988

6.6 Acres
$223,232 Price per Acre
287,496 Sq Ft Lot

Last Sold April 20, 2017

Last sale price $182,000

Est. 710% increase in value since last sale

Current estimated payment $8,783/month

Highlights

  • 400 Feet of Waterfront
  • 6.6 Acre Lot
  • Wooded Lot
  • Bay View
  • Private Lot
  • No HOA

About This Lot

As of April 2017

This is a beautiful waterfront lot on the Chesapeake Bay. The shoreline is rip-rapped. The BIP (septic system) is installed. The building pad has been established. Driveway has been installed but needs top stone. Trees by the road give great privacy. A ready to build site with extraordinary sunsets.

Last Agent to Sell the Property

James Slattery

(443) 786-0234 jim@cbchesapeake.com Coldwell Banker Chesapeake Real Estate Company Listed on: 08/13/2014

Coldwell Banker Chesapeake Real Estate Company

Last Buyer's Agent

Harold Countee

(301) 785-0225 harold.countee@longandfoster.com Long & Foster Real Estate, Inc. License #533481

Long & Foster Real Estate, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,906

Lot Details

  • 6.6 Acre Lot
  • 400 Feet of Waterfront
  • Home fronts navigable water
  • Private Lot
  • Wooded Lot
  • No Building Permits
  • Property is zoned RR

Property Views

  • Bay Views

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 1008187177

Community Details

Overview

  • No Home Owners Association
  • Ragged Point Subdivision

Recreation

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

Property Details

Property Type

Land

Est. Annual Taxes

$1,906

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • New Construction: No
  • Remarks Public: This is a beautiful waterfront lot on the Chesapeake Bay. The shoreline is rip-rapped. The BIP (septic system) is installed. The building pad has been established. Driveway has been installed but needs top stone. Trees by the road give great privacy. A ready to build site with extraordinary sunsets.
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement: No
  • Price Per Sq Ft: 0.82
  • Street Number Modifier: 5418

Exterior Features

  • Road Surface Type: Black Top
  • View: Water, Bay
  • Water Access: Yes
  • Water Body Name: CHESAPEAKE BAY
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Water View: Yes
  • Water Frontage In Feet: 400

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Rip-Rapped, Trees/Wooded, Private
  • Lot Size Acres: 6.60
  • Lot Size Area: 287496
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 287496.00
  • Possible Use: Residential
  • Year Assessed: 2015
  • Zoning: RR

Rental Info

  • Vacation Rental: No

Multi Family

  • Dock Slip Conveyance: None Available
  • Mean Low Water Feet: 1
  • Waterfront Features: Rip-Rap

Tax Info

  • Assessor Parcel Number: 5317597
  • Tax Annual Amount: 1906.00
  • Assessor Parcel Number: 1008187177
  • Tax Lot: 7
  • Tax Page Number: 728
  • Tax Year: 2015
  • Close Date: 04/20/2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2014
Closed on
Apr 20, 2017
Sold by
Strott Gregory G and Strott Patricia H
Bought by
Corsby Eddie A and Corsby Joann
Seller's Agent
James Slattery
Coldwell Banker Chesapeake Real Estate Company
Buyer's Agent
Harold Countee
Long & Foster Real Estate, Inc.
List Price
$325,000
Sold Price
$182,000
Premium/Discount to List
-$143,000
-44%
Current Estimated Value
$1,473,329

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,291,329
Avg. Annual Appreciation
27.82%
Original Mortgage
$154,320
Outstanding Balance
$128,732
Interest Rate
4.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,344,597

Purchase Details

Closed on
Jul 28, 2000
Sold by
Wingo Donald M and Wingo Linda C
Bought by
Strott Gregory G and Strott Patricia H

Purchase Details

Closed on
Dec 23, 1993
Sold by
Reigle Margaret Ann
Bought by
Wingo Donald M and Wingo Linda C
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
Corsby Eddie A $182,000 Rgs Title Llc
Crosby Eddie A $182,000 Rgs Title Llc
Strott Gregory G $100,000 --
Wingo Donald M $54,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crosby Eddie A $154,320
Closed Corsby Eddie A $154,320
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2017 04/20/17 Sold $182,000 -44.0% --
02/07/2017 02/07/17 Pending -- -- --
08/13/2014 08/13/14 For Sale $325,000 -- --
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 $12,673 $1,197,567 $0 $0
2024 $1,855 $1,046,233 $0 $0
2023 $1,855 $166,800 $166,800 $0
2022 $1,855 $166,800 $166,800 $0
2021 $1,887 $166,800 $166,800 $0
2020 $1,887 $169,700 $169,700 $0
2019 $1,776 $159,700 $0 $0
2018 $1,665 $149,700 $0 $0
2017 $1,517 $139,700 $0 $0
2016 -- $139,700 $0 $0
2015 -- $139,700 $0 $0
2014 $26 $175,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • James Slattery

    Seller's Agent in 2017

    James Slattery

    Coldwell Banker Chesapeake Real Estate Company

    (443) 786-0234

    5 Total Sales

    James Slattery
    Section Image
  • Harold Countee

    Buyer's Agent in 2017

    Harold Countee

    Long & Foster

    (301) 785-0225

    7 Total Sales

    Harold Countee
    Section Image
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Map

Source: Bright MLS

MLS Number: 1003159508

Bright MLS

APN: 08-187177

Maryland Dorchester County Cambridge 21613

5418 Ragged Point Rd, Cambridge, MD

This home is located at 5418 Ragged Point Rd, Cambridge, MD 21613 since 13 August 2014 and is currently estimated at $1,473,329. 5418 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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