NOT LISTED FOR SALE

721 Pine St Cambridge, MD 21613

Estimated Value: $74,234 - $89,000

2 Beds
1 Bath
868 Sq Ft
$94/Sq Ft Est. Value

Last Sold April 06, 2023

Last sale price $82,680 $95 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $471/month

41 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Electric Baseboard Heater

About This Home

As of April 2023

List price to be opening bid. Online Auction Only! Bidding begins Thursday, February 16th, 2023 & ends Tuesday, February 21st, 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, this tenant occupied detached home has 2 bedrooms and one full bath. 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. Gross Scheduled Monthly Rent of: $900. Gross Scheduled Annual Rent of $10,800. Tenant pays all utilities and is current on the rent. Main Level: Living Room, dining room, kitchen, and full bath. Upper Level: 2 Bedrooms. Property features • Front Porch • Updated Kitchen • Spacious Room Sizes. **ANY PHOTOS WITHOUT FURNITURE WERE TAKEN PRIOR TO TENANT MOVING IN**

Last Agent to Sell the Property

Matt Cooper

(410) 977-4711 Matt@alexcooper.com Alex Cooper Auctioneers, Inc. License #BR704493 Listed on: 01/12/2023

Last Buyer's Agent

Matt Cooper

(410) 977-4711 Matt@alexcooper.com Alex Cooper Auctioneers, Inc. License #BR704493 Listed on: 01/12/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $386

Year Built

  • Built in 1919

Lot Details

  • 1,800 Sq Ft Lot
  • Property is zoned C-2

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture

Interior Spaces

  • 868 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Electric Baseboard Heater
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Cambridge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1007150717

Home Details

Home Type

Single Family

Est. Annual Taxes

$386

Year Built

Built in 1919

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: 1919
  • Automatically Close On Close Date: No
  • Special Features: Auction
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Other
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 868
  • Living Area Sq Ft: 868
  • Price Per Sq Ft: 46.08
  • Above Grade Finished Sq Ft: 868
  • 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

Utilities

  • Central Air Conditioning: No
  • 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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 27800.00
  • Land Assessed Value: 3500.00
  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1800.00
  • Zoning: C-2
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5311403
  • Tax Annual Amount: 386.00
  • Assessor Parcel Number: 1007150717
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023

MLS Schools

  • School District Name: DORCHESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2023
Closed on
Apr 6, 2023
Sold by
Quality Housing Of Cambridge Llc
Bought by
Slone Michael Joseph and Stup Rebecca Woodward
Seller's Agent
Matt Cooper
Alex Cooper Auctioneers, Inc.
Buyer's Agent
Matt Cooper
Alex Cooper Auctioneers, Inc.
List Price
$40,000
Sold Price
$82,680
Premium/Discount to List
$42,680
106.7%
Views
64
Current Estimated Value
$81,559

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,121
Avg. Annual Appreciation
-0.50%
Original Mortgage
$62,010
Outstanding Balance
$60,287
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$21,272

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

Purchase Details

Closed on
Mar 26, 1992
Sold by
Foxwell Robert M
Bought by
Camper Virgie Lake

Purchase Details

Closed on
Sep 21, 1989
Sold by
Vaughn W David
Bought by
Foxwell Robert M
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
Slone Michael Joseph $82,680 None Listed On Document
Quality Housing Of Cambridge Llc $100,000 None Available
Camper Virgie Lake $3,500 --
Foxwell Robert M $6,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Slone Michael Joseph $62,010
Previous Owner Quality Housing Of Cambridge Llc $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/06/2023 04/06/23 Sold $82,680 +106.7% $95 / Sq Ft
02/22/2023 02/22/23 Pending -- -- --
02/13/2023 02/13/23 For Sale $40,000 -51.6% $46 / Sq Ft
01/27/2023 01/27/23 Off Market $82,680 -- --
01/12/2023 01/12/23 For Sale $40,000 -- $46 / 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 $533 $28,400 $3,500 $24,900
2024 $433 $25,900 $0 $0
2023 $433 $23,400 $0 $0
2022 $386 $20,900 $3,500 $17,400
2021 $387 $20,700 $0 $0
2020 $387 $20,500 $0 $0
2019 $387 $20,300 $3,500 $16,800
2018 $371 $20,000 $0 $0
2017 $366 $19,700 $0 $0
2016 -- $19,400 $0 $0
2015 $507 $19,400 $0 $0
2014 $507 $19,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDDO2004118

Bright MLS

APN: 07-150717