NOT LISTED FOR SALE

Estimated Value: $139,000 - $365,000

Studio
3 Baths
2,880 Sq Ft
$79/Sq Ft Est. Value

Sale Details

Date Sold: October 3, 2023

Last sale price $120,000 $42 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $1,450 / mo

142 Days on Market

Highlights

  • Traditional Architecture
  • More Than Two Accessible Exits
  • Heating System Uses Natural Gas

About This Home

As of October 2023

Investor Alert - Duplex w/special exception in Historic Downtown Cambridge. Property has 3 gas meters, 3 electric meters. Was most recently used as a duplex w/a 3BR/1BA upper unit, and a 2BR/1BA lower unit. As evident by the photos, property needs work, but has incredible potential. Cambridge is a quintessential waterfront town on the Eastern Shore full of incredible seafood, unique boutiques, arts and entertainment, tons of history, and local brews and restaurants. On the banks of the Choptank River, you'll be charmed by this gem of the Shore. Great central location - hour West to Annapolis, East to Ocean City beach and boardwalks, Assateague Island or the Delaware Beaches; half hour to Salisbury. Don't miss this unique opportunity. Sizes, taxes approximate; agent has financial interest; owners are licensed realtors in the states of Maryland and Delaware.

Last Agent to Sell the Property

Richard Barr

(888) 860-7369 md.broker@exprealty.net EXP Realty, LLC Listed on: 05/05/2023

EXP Realty, LLC

Last Buyer's Agent

Melissa Tippett

(410) 673-3344 mtippett@ttrsir.com TTR Sotheby's International Realty License #586717

TTR Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,294

Year Built

  • Built in 1918

Lot Details

  • 7,775

Parking

  • On-Street Parking

Home Design

  • 2,880 Sq Ft Home
  • Duplex
  • Traditional Architecture
  • Permanent Foundation
  • Frame Construction

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace

Additional Features

  • More Than Two Accessible Exits
  • 7,775 Sq Ft Lot

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 1007161484

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,294

Year Built

Built in 1918

Lot Details

7,775 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2023-05-07
  • Year Built: 1918
  • Special Features: None
  • Stories: 0

Interior Features

  • Foundation Details: Permanent
  • Total Sq Ft: 2880
  • Living Area Sq Ft: 2880
  • Price Per Sq Ft: 41.67
  • Above Grade Finished Sq Ft: 2880
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • 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: Natural Gas
  • Heating Type: Wall Unit
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.18
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7775.00
  • Zoning: R-2
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2294.00
  • Assessor Parcel Number: 1007161484
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023

MLS Schools

  • School District Name: DORCHESTER COUNTY PUBLIC SCHOOLS

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2023
Closed on
Oct 3, 2023
Sold by
Bought by
Seller's Agent
Richard Barr
EXP Realty, LLC
Buyer's Agent
Melissa Tippett
TTR Sotheby's International Realty
List Price
$159,990
Sold Price
$120,000
Premium/Discount to List
-$39,990
-25%
Views
360
Current Estimated Value
$227,066

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,066
Avg. Annual Appreciation
25.28%
Original Mortgage
$96,000
Interest Rate
0.0712%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 24, 2023
Sold by
Bought by

Purchase Details

Closed on
Jun 22, 2021
Sold by
Bought by

Purchase Details

Closed on
Apr 7, 2006
Sold by
Bought by

Purchase Details

Closed on
Oct 3, 2000
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$120,000 First American Title
$100,000 None Listed On Document
-- None Available
-- None Available
$180,000 --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $96,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/03/2023 10/03/23 Sold $120,000 0.0% $42 / Sq Ft
09/25/2023 09/25/23 Pending -- -- --
08/03/2023 08/03/23 Off Market $120,000 -- --
06/28/2023 06/28/23 Price Changed $119,999 -14.3% $42 / Sq Ft
06/01/2023 06/01/23 Price Changed $139,990 -12.5% $49 / Sq Ft
05/05/2023 05/05/23 For Sale $159,990 -- $56 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,446 $130,200 $30,400 $99,800
2024 $2,331 $128,167 $0 $0
2023 $2,331 $126,133 $0 $0
2022 $2,294 $124,100 $30,400 $93,700
2021 $2,182 $119,900 $0 $0
2020 $2,182 $115,700 $0 $0
2019 $2,126 $111,500 $21,300 $90,200
2018 $2,070 $111,500 $21,300 $90,200
2017 $2,194 $111,500 $0 $0
2016 -- $119,400 $0 $0
2015 $2,342 $119,400 $0 $0
2014 $2,342 $119,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDDO2004860

Bright MLS

APN: 07-161484

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