NOT LISTED FOR SALE

7615 Meadow Run Ln Owings, MD 20736

Estimated Value: $1,489,403

1.49 Acres
$999,599 Price per Acre
64,904 Sq Ft Lot

Last Sold December 23, 2015

Last sale price $350,000

Est. 326% increase in value since last sale

Current estimated payment $7,843/month

164 Days on Market

About This Lot

As of December 2015

Prime Calvert County location just off Maryland Route 4 (AAWDT of approximately 32,000 cars/day). I-1 Light Industrial zoning allows a wide variety of uses including warehouse, manufacturing, automotive, mini-storage, and flex space. Why lease when you can own? Adjacent 14.61 acres also available MLS CA8648085

Last Agent to Sell the Property

Timothy Hogan

(443) 223-4719 thogan@hogancompanies.com Hogan Companies Residential Listed on: 06/01/2015

Last Buyer's Agent

Timothy Hogan

(443) 223-4719 thogan@hogancompanies.com Hogan Companies Residential Listed on: 06/01/2015

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,673

Lot Details

  • 1.49 Acre Lot
  • No Building Permits
  • Property is zoned I-1

Utilities

  • No Septic System

Community Details

  • No Home Owners Association
  • Meadow Run Park Subdivision

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 0503139867

Property Details

Property Type

Land

Est. Annual Taxes

$2,673

Lot Details

0

Listing Details

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

Interior Features

  • Basement: No
  • Price Per Sq Ft: 3.37

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Refuse: 119.00
  • 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: 1.49
  • Lot Size Area: 64904
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 64904.00
  • Possible Use: Warehouse, Commercial, Industrial
  • Zoning: I-1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14980048
  • Tax Annual Amount: 2673.18
  • Assessor Parcel Number: 0503139867
  • Tax Lot: 8
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014

MLS Schools

  • School District Name: CALVERT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2015
Closed on
Dec 23, 2015
Sold by
Meadow Run Viii Llc
Bought by
Scaggs Industrial Llc
Seller's Agent
Timothy Hogan
Hogan Companies Residential
Buyer's Agent
Timothy Hogan
Hogan Companies Residential
List Price
$219,000
Sold Price
$350,000
Premium/Discount to List
$131,000
59.82%
Current Estimated Value
$1,489,403

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,139,403
Avg. Annual Appreciation
15.67%
Original Mortgage
$750,000
Outstanding Balance
$614,481
Interest Rate
5%
Mortgage Type
Commercial
Estimated Equity
$874,922

Purchase Details

Closed on
Feb 26, 2010
Sold by
Brady Anne N
Bought by
Meadow Run Viii Llc

Purchase Details

Closed on
Aug 19, 2009
Sold by
Brady Anne N
Bought by
Brady Anne N

Purchase Details

Closed on
May 30, 2003
Sold by
Norfolk Calvert W Virginia C
Bought by
Norfolk Virginia C Anne Brady
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
Scaggs Industrial Llc $1,050,000 Attorney
Meadow Run Viii Llc -- --
Brady Anne N -- --
Norfolk Virginia C Anne Brady -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scaggs Industrial Llc $750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2015 12/23/15 Sold $350,000 +59.8% --
11/12/2015 11/12/15 Pending -- -- --
06/01/2015 06/01/15 For Sale $219,000 -- --
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 $8 $700 $700 $0
2024 $8 $700 $700 $0
2023 $7 $700 $700 $0
2022 $7 $700 $700 $0
2021 $7 $700 $700 $0
2020 $7 $700 $700 $0
2019 $7 $700 $700 $0
2018 $7 $700 $700 $0
2017 $7 $700 $0 $0
2016 -- $254,400 $0 $0
2015 $3,755 $254,400 $0 $0
2014 $3,755 $254,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Timothy Hogan

    Seller's Agent in 2015

    Timothy Hogan

    Hogan Companies Residential

    (443) 223-4719

    24 Total Sales

    Timothy Hogan
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Map

Source: Bright MLS

MLS Number: 1002628546

Bright MLS

APN: 03-139867

Maryland Calvert County Owings 20736

7615 Meadow Run Ln, Owings, MD

Not Listed for Sale

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