NOT LISTED FOR SALE

706 Pine St Cambridge, MD 21613

Estimated Value: $87,000 - $103,000

2 Beds
1 Bath
960 Sq Ft
$101/Sq Ft Est. Value

Last Sold July 06, 2023

Last sale price $95,400 $99 Per Sq Ft

Current estimated payment $551/month

16 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Electric Baseboard Heater

About This Home

As of July 2023

Online Auction Only! Bidding begins Saturday, May 13th, 2023 & ends Thursday, May 18th, 2023 @ 12:00PM. 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 tenant occupied detached home has 2 bedrooms and one full bath. Gross Scheduled Monthly Rent of: $1,000 Gross Scheduled Annual Rent of $12,000. Tenant pays all utilities, including water. Heat is provided by electric baseboard. Main Level: Living Room, dining room, and kitchen. Upper Level: 2 Bedrooms and a full bath. Property features: • Front Porch • Updated Kitchen • Spacious Room Sizes.
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: 05/02/2023

Last Buyer's Agent

Matt Cooper

(410) 977-4711 Matt@alexcooper.com Alex Cooper Auctioneers, Inc. License #BR704493 Listed on: 05/02/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $547

Year Built

  • Built in 1950

Lot Details

  • 3,672 Sq Ft Lot
  • Property is zoned C-2

Home Design

  • Colonial Architecture

Interior Spaces

  • 960 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • On-Street Parking
  • Off-Street Parking

Utilities

  • Electric Baseboard Heater
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Cambridge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1007160674

Home Details

Home Type

Single Family

Est. Annual Taxes

$547

Year Built

Built in 1950

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: 1950
  • Automatically Close On Close Date: No
  • Special Features: Auction
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Foundation Details: Other
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 960
  • Living Area Sq Ft: 960
  • Price Per Sq Ft: 41.67
  • Above Grade Finished Sq Ft: 960
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

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: Off Street, On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • 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: 0.08
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3672.00
  • Zoning: C-2
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 547.00
  • Assessor Parcel Number: 1007160674
  • 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
May 2, 2023
Closed on
Jul 6, 2023
Sold by
Quality Housing Of Cambridge Llc
Bought by
Javi & S Properties Llc
Seller's Agent
Matt Cooper
Alex Cooper Auctioneers, Inc.
Buyer's Agent
Matt Cooper
Alex Cooper Auctioneers, Inc.
List Price
$40,000
Sold Price
$95,400
Premium/Discount to List
$55,400
138.5%
Views
168
Current Estimated Value
$95,658

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$258
Avg. Annual Appreciation
0.45%
Original Mortgage
$76,320
Outstanding Balance
$74,506
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$21,977

Purchase Details

Closed on
Dec 19, 2013
Sold by
Lake Millie
Bought by
Quality Housing Of Cambridge Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.24%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Javi & S Properties Llc $95,400 None Listed On Document
Quality Housing Of Cambridge Llc $100,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Javi & S Properties Llc $76,320
Previous Owner Quality Housing Of Cambridge Llc $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/06/2023 07/06/23 Sold $95,400 +138.5% $99 / Sq Ft
05/18/2023 05/18/23 Pending -- -- --
05/02/2023 05/02/23 For Sale $40,000 -- $42 / 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 $614 $32,700 $7,200 $25,500
2024 $566 $31,667 $0 $0
2023 $566 $30,633 $0 $0
2022 $547 $29,600 $7,200 $22,400
2021 $547 $29,300 $0 $0
2020 $547 $29,000 $0 $0
2019 $547 $28,700 $7,200 $21,500
2018 $423 $22,800 $0 $0
2017 $314 $16,900 $0 $0
2016 -- $11,000 $0 $0
2015 $538 $11,000 $0 $0
2014 $538 $11,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDDO2004838

Bright MLS

APN: 07-160674