NOT LISTED FOR SALE

908 Washington St Cambridge, MD 21613

Estimated Value: $69,000 - $93,000

2 Beds
1 Bath
720 Sq Ft
$112/Sq Ft Est. Value

Last Sold May 11, 2023

Last sale price $71,020 $99 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $475/month

15 Days on Market

Highlights

  • No HOA
  • Bungalow
  • Electric Baseboard Heater

About This Home

As of May 2023

Online Auction Only! Bidding begins Thursday, March 23rd, 2023 & ends Tuesday, March 28th, 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 1 bath. Per the seller: Tenant is current on rent.
Current gross monthly rent: $850. Current gross annual scheduled rent: $10,200. Tenant pays all utilities, including water. Heat is provided by electric baseboard. Please Note: All appliances are property of the tenant. Also, photos were provided by seller

Last Agent to Sell the Property

Matt Cooper

(410) 977-4711 Matt@alexcooper.com Alex Cooper Auctioneers, Inc. License #BR704493 Listed on: 03/13/2023

Last Buyer's Agent

Matt Cooper

(410) 977-4711 Matt@alexcooper.com Alex Cooper Auctioneers, Inc. License #BR704493 Listed on: 03/13/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $418

Year Built

  • Built in 1930

Lot Details

  • 8,942 Sq Ft Lot
  • Property is zoned R-3

Parking

  • On-Street Parking

Home Design

  • Bungalow
  • Permanent Foundation

Interior Spaces

  • 720 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 2 Main Level 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 1007117019

Home Details

Home Type

Single Family

Est. Annual Taxes

$418

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1930
  • Automatically Close On Close Date: No
  • Special Features: Auction
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Permanent
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 720
  • Living Area Sq Ft: 720
  • Price Per Sq Ft: 55.56
  • Above Grade Finished Sq Ft: 720
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level 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
  • 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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 26400.00
  • Land Assessed Value: 6400.00
  • Lot Size Acres: 0.21
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8942.00
  • Zoning: R-3
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5308793
  • Tax Annual Amount: 418.00
  • Assessor Parcel Number: 1007117019
  • 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
Mar 13, 2023
Closed on
May 11, 2023
Sold by
Cambridge Housing Authority Llc
Bought by
Slone Michael J and Stup Rebecca W
Seller's Agent
Matt Cooper
Alex Cooper Auctioneers, Inc.
Buyer's Agent
Matt Cooper
Alex Cooper Auctioneers, Inc.
List Price
$40,000
Sold Price
$71,020
Premium/Discount to List
$31,020
77.55%
Views
38
Current Estimated Value
$80,916

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,896
Avg. Annual Appreciation
5.42%
Original Mortgage
$53,265
Outstanding Balance
$51,754
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$29,162

Purchase Details

Closed on
Nov 30, 1989
Sold by
Taylor Mary E and Taylor Vivian
Bought by
Camper Virgie L
Source: Public Records

Range of Values:

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Average Value
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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 J $71,020 None Listed On Document
Camper Virgie L $26,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Slone Michael J $53,265
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/11/2023 05/11/23 Sold $71,020 +77.6% $99 / Sq Ft
03/28/2023 03/28/23 Pending -- -- --
03/13/2023 03/13/23 For Sale $40,000 -- $56 / 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 $616 $32,800 $6,400 $26,400
2024 $481 $29,400 $0 $0
2023 $481 $26,000 $0 $0
2022 $418 $22,600 $6,400 $16,200
2021 $392 $21,700 $0 $0
2020 $392 $20,800 $0 $0
2019 $379 $19,900 $6,400 $13,500
2018 $365 $19,667 $0 $0
2017 $361 $19,433 $0 $0
2016 -- $19,200 $0 $0
2015 $367 $19,200 $0 $0
2014 $367 $19,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Matt Cooper

    Seller's Agent in 2023

    Matt Cooper

    Alex Cooper Auctioneers, Inc.

    (410) 977-4711

    13 in this area

    175 Total Sales

    Matt Cooper
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Map

Source: Bright MLS

MLS Number: MDDO2004472

Bright MLS

APN: 07-117019

Maryland Dorchester County Cambridge 21613

908 Washington St, Cambridge, MD

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