NOT LISTED FOR SALE

5562 Bowen Rd Cambridge, MD 21613

Estimated Value: $630,000 - $749,000

30.15 Acres
$23,332 Price per Acre
1,313,334 Sq Ft Lot

Last Sold April 24, 2013

Last sale price $399,000 $247 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $4,084/month

Highlights

  • 1 Boat Dock
  • Pier
  • 30.15 Acre Lot
  • Water Views
  • Home fronts navigable water
  • No HOA

About This Lot

As of April 2013

EXECUTOR SAYS "SELL THIS PROPERTY". $100,000 PRICE REDUCTION. OPPORTUNITY TO OWN A HOME ON THE WATER PLUS 30 ACRES. Put the land into conservation for the wildlife that abounds. Build your own family retreat. Woods & Fields. Very special property for the person with vision. All reasonable offers will be considered.

Last Agent to Sell the Property

Julie Fox

foxypotter@gmail.com RE/MAX on the Bay Listed on: 06/18/2010

Last Buyer's Agent

Julie Fox

foxypotter@gmail.com RE/MAX on the Bay Listed on: 06/18/2010

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,359

Lot Details

  • 30.15 Acre Lot
  • Home fronts navigable water
  • No Building Permits
  • Property is zoned RR

Additional Features

  • Water Views
  • No Septic System

Listing and Financial Details

  • Assessor Parcel Number 1008177511

Community Details

Overview

  • No Home Owners Association

Recreation

  • Pier
  • Water Access
  • Physical Dock Slip Conveys
  • 1 Boat Dock
  • 1 Powered Boats Permitted
  • 1 Non-Powered Boats Permitted

Property Details

Property Type

Land

Est. Annual Taxes

$4,359

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • New Construction: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement: No
  • Price Per Sq Ft: 0.30

Exterior Features

  • Dock Type: Pier (Perpendicular)
  • Construction Completed: No
  • View: Water
  • Water Access: Yes
  • Water Body Name: BROOKS CREEK
  • Waterfront: Yes
  • Water Oriented: Yes
  • Water View: Yes

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: No Septic System

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 150500.00
  • Lot Size Acres: 30.15
  • Lot Size Area: 1313334
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1313334.00
  • Possible Use: Residential
  • Year Assessed: 2010
  • Zoning: RR

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5316872
  • Tax Annual Amount: 4358.82
  • Assessor Parcel Number: 1008177511
  • Tax Page Number: 224
  • County Tax Payment Frequency: Annually
  • Tax Year: 2009
  • Close Date: 04/24/2013

Multi Family

  • Dock Slip Conveyance: Physical Dock/Slip Conveys
  • Mean Low Water Feet: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2010
Closed on
Apr 30, 2013
Bought by
Judkins Peter B
Seller's Agent
Julie Fox
RE/MAX on the Bay
Buyer's Agent
Julie Fox
RE/MAX on the Bay
List Price
$995,000
Sold Price
$399,000
Premium/Discount to List
-$596,000
-59.9%
Current Estimated Value
$703,466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$304,466
Avg. Annual Appreciation
4.64%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Judkins Peter B $399,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/24/2013 04/24/13 Sold $399,000 0.0% $247 / Sq Ft
04/24/2013 04/24/13 Sold $399,000 0.0% $247 / Sq Ft View Prior Sale
11/06/2012 11/06/12 Pending -- -- --
11/06/2012 11/06/12 Pending -- -- --
05/01/2012 05/01/12 Price Changed $399,000 -20.0% $247 / Sq Ft
11/07/2011 11/07/11 For Sale $499,000 +25.1% $309 / Sq Ft
11/01/2011 11/01/11 Off Market $399,000 -- --
09/26/2011 09/26/11 Price Changed $499,000 -16.7% $309 / Sq Ft
03/22/2011 03/22/11 Price Changed $599,000 -7.8% $371 / Sq Ft
09/10/2010 09/10/10 Price Changed $650,000 -13.3% $403 / Sq Ft
06/29/2010 06/29/10 Price Changed $750,000 -24.6% $465 / Sq Ft
06/18/2010 06/18/10 For Sale $995,000 0.0% $616 / Sq Ft
04/21/2010 04/21/10 For Sale $995,000 -- $616 / 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 $4,395 $379,600 $0 $0
2024 $3,921 $363,467 $0 $0
2023 $3,921 $347,200 $208,100 $139,100
2022 $7,771 $344,033 $0 $0
2021 $3,815 $340,867 $0 $0
2020 $3,815 $337,700 $208,100 $129,600
2019 $3,815 $337,700 $208,100 $129,600
2018 $3,815 $337,700 $208,100 $129,600
2017 $4,075 $369,700 $0 $0
2016 -- $369,433 $0 $0
2015 -- $369,167 $0 $0
2014 -- $368,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    Julie Fox

    RE/MAX on the Bay

See All Agents

Map

Source: Bright MLS

MLS Number: 1004909042

Bright MLS

APN: 08-177511

Maryland Dorchester County Cambridge 21613

5562 Bowen Rd, Cambridge, MD

This home is located at 5562 Bowen Rd, Cambridge, MD 21613 since 18 June 2010 and is currently estimated at $703,466, approximately $435 per square foot. 5562 Bowen 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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