NOT LISTED FOR SALE

625 Cross St Cambridge, MD 21613

Estimated Value: $69,000 - $82,000

2 Beds
1 Bath
648 Sq Ft
$115/Sq Ft Est. Value

Last Sold October 25, 2023

Last sale price $81,620 $126 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $431/month

21 Days on Market

Highlights

  • Colonial Architecture
  • Central Air
  • Heat Pump System
  • No HOA

About This Home

As of October 2023

Online auction to be conducted on Auctioneers website! Online Auction Only! Bidding begins Saturday, September 30th & ends Thursday, October 5th, 2023 @ 11:30AM. Welcome to Cambridge, Maryland "The Soul of the Shore". Located on the Choptank River, Cambridge is the Eastern Shore's fourth most populous city. Enjoy year round events such as The Flower Fair, Powerboat Regatta, The Taste of Cambridge, Heritage Skipjack Race and The Santa Swim. Shop at the Farmer's Market or many of the local shops Downtown. Watch the boats go by from the Cambridge Municipal Yacht Basin or enjoy fine dining.
Property is located just a few blocks to Downtown Cambridge. The neighborhood has had significant investment in the last year which includes approximately 10 new construction homes and new food anchored retail. Many homes have been rehabbed recently as well. This lead free, tenant occupied detached home has 2 bedrooms and one full bath. Gross Scheduled Monthly Rent of: $975 Gross Scheduled Annual Rent of $11,700 Tenant pays all utilities, including water. Main Level: Living Room, dining room, kitchen and full bath. Upper Level: 2 Bedrooms. Property features: - Front Porch - 200amp breaker panel - Water heater approx. 4 yrs. old - Fresh paint and new carpet - Heat pump with a/c and electric back up heat, condenser approx. 5 yrs. old Please Note: All appliances are property of the tenant.

Last Agent to Sell the Property

Matt Cooper

(410) 977-4711 Matt@alexcooper.com Alex Cooper Auctioneers, Inc. License #BR704493 Listed on: 09/14/2023

Last Buyer's Agent

Matt Cooper

(410) 977-4711 Matt@alexcooper.com Alex Cooper Auctioneers, Inc. License #BR704493 Listed on: 09/14/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $340

Year Built

  • Built in 1925

Lot Details

  • 1,250 Sq Ft Lot
  • Property is zoned R-4

Home Design

  • Colonial Architecture

Interior Spaces

  • 648 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • On-Street Parking
  • Off-Street Parking

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Cambridge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1007159323

Home Details

Home Type

Single Family

Est. Annual Taxes

$340

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1925
  • Automatically Close On Close Date: No
  • Special Features: Auction
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Fireplace: No
  • Foundation Details: Other
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 648
  • Living Area Sq Ft: 648
  • Price Per Sq Ft: 61.73
  • Above Grade Finished Sq Ft: 648
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street, Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.03
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1250.00
  • Zoning: R-4
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 340.00
  • Assessor Parcel Number: 1007159323
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: DORCHESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2023
Closed on
Oct 25, 2023
Sold by
Cambridge Rentals Llc
Bought by
Garcia Sandra Cohn and Ferrer Cerecedo Manuel
Seller's Agent
Matt Cooper
Alex Cooper Auctioneers, Inc.
Buyer's Agent
Matt Cooper
Alex Cooper Auctioneers, Inc.
List Price
$40,000
Sold Price
$81,620
Premium/Discount to List
$41,620
104.05%
Views
110
Current Estimated Value
$74,296

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,324
Avg. Annual Appreciation
-4.18%

Purchase Details

Closed on
Jan 5, 2007
Sold by
Northam Bertha
Bought by
Cambridge Collins Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 3, 2007
Sold by
Northam Bertha
Bought by
Cambridge Collins Development Llc and A Maryland Limited Liability Co

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage
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
Garcia Sandra Cohn $81,620 None Listed On Document
Garcia Sandra Cohn $81,620 None Listed On Document
Cambridge Collins Development Llc $50,000 --
Cambridge Collins Development Llc $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cambridge Collins Development Llc $105,000
Previous Owner Cambridge Collins Development Llc $105,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2023 10/25/23 Sold $81,620 +104.1% $126 / Sq Ft
10/05/2023 10/05/23 Pending -- -- --
09/14/2023 09/14/23 For Sale $40,000 -- $62 / 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 $518 $27,600 $3,000 $24,600
2024 $397 $24,533 $0 $0
2023 $397 $21,467 $0 $0
2022 $340 $18,400 $3,000 $15,400
2021 $339 $18,200 $0 $0
2020 $339 $18,000 $0 $0
2019 $339 $17,800 $3,000 $14,800
2018 $313 $16,867 $0 $0
2017 $296 $15,933 $0 $0
2016 -- $15,000 $0 $0
2015 $388 $15,000 $0 $0
2014 $388 $15,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDDO2005688

Bright MLS

APN: 07-159323