NOT LISTED FOR SALE

6358 Franklin Gibson Rd Tracys Landing, MD 20779

Estimated Value: $752,000 - $1,141,111

33 Acres
$26,804 Price per Acre
1,454,033 Sq Ft Lot

Last Sold July 25, 2013

Last sale price $250,000

Est. 258% increase in value since last sale

Current estimated payment $5,524/month

119 Days on Market

Highlights

  • 33.38 Acre Lot
  • No HOA
  • Tobacco Barn

About This Lot

As of July 2013

Very private 33 acres parcel of land just minutes from the bay. 2 perc sites on property. Approved for building.2 historic tobbaco barns, land is great for horses. Originally part of Tacaro Farm.

Last Listed By

Mark McFadden

Compass Listed on: 03/04/2013

Compass

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,841

Year Built

  • 2019

Lot Details

  • 33.38 Acre Lot
  • Property is zoned RA

Additional Features

  • Tobacco Barn
  • No Septic System

Community Details

  • No Home Owners Association
  • Tracys Landing Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 020800090021025

Property Details

Property Type

Land

Est. Annual Taxes

$2,841

Year Built

2019

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential
  • New Construction: No
  • Remarks Public: Very private 33 acres parcel of land just minutes from the bay. 2 perc sites on property. Approved for building.2 historic tobbaco barns, land is great for horses. Originally part of Tacaro Farm.
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2019

Interior Features

  • Basement: No
  • Price Per Sq Ft: 0.21
  • Street Number Modifier: 6358

Exterior Features

  • Other Structures List: Barn, Tobacco Barn
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: No
  • Sewer/Septic System: No Septic System

Condo/Co-op/Association

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

Lot Info

  • Lot Size Acres: 33.38
  • Lot Size Area: 1454033
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1454033.00
  • Year Assessed: 2012
  • Zoning: RA

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2841.00
  • Assessor Parcel Number: 020800090021025
  • Tax Lot: 1
  • County Tax Payment Frequency: Annually
  • Tax Year: 2012
  • Close Date: 07/25/2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2013
Closed on
Jul 24, 2013
Sold by
Moore William F and Moore Gayle
Bought by
Witt Steven M
Seller's Agent
Mark McFadden
Compass
Buyer's Agent
Thomas Frutchey
Act One Realty
List Price
$299,950
Sold Price
$250,000
Premium/Discount to List
-$49,950
-16.65%
Total Days on Market
119
Current Estimated Value
$894,704

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$644,704
Avg. Annual Appreciation
12.03%
Original Mortgage
$150,000
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2011
Sold by
Moore Trustee & William F
Bought by
Moore William F and Moore Gayle

Purchase Details

Closed on
Mar 15, 2011
Sold by
Moore Trustee & William F
Bought by
Moore William F and Moore Gayle

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
Witt Steven M $250,000 Dunns Title & Escrow Inc
Moore William F -- --
Moore William F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Witt Steven M $400,000
Closed Witt Steven M $426,000
Closed Witt Steven M $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2013 07/25/13 Sold $250,000 -16.7% --
07/01/2013 07/01/13 Pending -- -- --
03/04/2013 03/04/13 For Sale $299,950 -- --
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
2024 $6,773 $558,200 $0 $0
2023 $5,594 $512,300 $212,500 $299,800
2022 $5,864 $505,700 $0 $0
2021 $8,697 $499,100 $0 $0
2020 $5,688 $492,500 $222,500 $270,000
2019 $2,189 $291,500 $0 $0
2018 $2,702 $266,500 $0 $0
2017 $2,989 $241,500 $0 $0
2016 -- $241,500 $0 $0
2015 -- $241,500 $0 $0
2014 -- $241,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003376338

Bright MLS

APN: 08-000-90021025