NOT LISTED FOR SALE

940 Bounty Place Owings, MD 20736

Estimated Value: $773,000 - $993,327

1 Acre
$927,082 Price per Acre
43,560 Sq Ft Lot

Last Sold December 16, 2022

Last sale price $265,000

Est. 250% increase in value since last sale

Current estimated payment $6,185/month

138 Days on Market

Highlights

  • Partially Wooded Lot
  • Mount Harmony Elementary School Rated A-
  • No HOA

About This Lot

As of December 2022

One acre approved building site surrounded by an addition of approximately 20.45 acres of open space property, which is included in the price, bringing it to over 21 total acres. Current covenants have been amended. Please see the amendment in the document section of the listing. One acre site Has an approved perc.

Last Agent to Sell the Property

George Heine

Schwartz Realty, Inc. License #15327 Listed on: 04/21/2022

Last Buyer's Agent

April Green-Kastor

Berkshire Hathaway HomeServices PenFed Realty

Berkshire Hathaway HomeServices PenFed Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,280

Lot Details

  • 1 Acre Lot
  • Partially Wooded Lot
  • Sale includes approximately 20.45 additional acres of open space"B" of parcel 461
  • Cost To Obtain Building Permits
  • Property is zoned RUR

Community Details

  • No Home Owners Association
  • Mount Harmony Farm Subdivision

Listing and Financial Details

  • Tax Lot 55
  • Assessor Parcel Number 0503187659

Property Details

Property Type

Land

Est. Annual Taxes

$2,280

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Vacant
  • Automatically Close On Close Date: No
  • Remarks Public: One acre approved building site surrounded by an addition of approximately 20.45 acres of open space property, which is included in the price, bringing it to over 21 total acres. Current covenants have been amended. Please see the amendment in the document section of the listing. One acre site Has an approved perc.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 6.77
  • Street Number Modifier: 940

Exterior Features

  • Construction Completed: No
  • Road Surface Type: Black Top
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Refuse: 350.00
  • Central Air Conditioning: No
  • Utilities: Electric Available
  • Water Source: Private

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: CALVERT COUNTY PUBLIC SCHOOLS
  • School District Key: 121139842846
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: Sale includes approximately 20.45 additional acres of open space"B" of parcel 461
  • Land Use Code: R
  • Lot Count: 1
  • Lot Features: Partly Wooded
  • Lot Size Acres: 1.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 43560.00
  • Perc Sites: 3
  • Year Assessed: 2022
  • Zoning: RUR
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15030190
  • Tax Annual Amount: 2280.00
  • Assessor Parcel Number: 0503187659
  • Tax Lot: 55
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022
  • Close Date: 12/16/2022

MLS Schools

  • School District Name: CALVERT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2022
Closed on
Dec 15, 2022
Sold by
Nesbitt Llc
Bought by
Bradshaw Kathleen M and Bradshaw Kevin R
Seller's Agent
George Heine
Schwartz Realty, Inc.
Buyer's Agent
April Green-Kastor
Berkshire Hathaway HomeServices PenFed Realty
List Price
$429,500
Sold Price
$265,000
Premium/Discount to List
-$164,500
-38.3%
Views
21
Current Estimated Value
$927,082

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$662,082
Avg. Annual Appreciation
61.28%
Original Mortgage
$898,100
Outstanding Balance
$868,940
Interest Rate
5.75%
Mortgage Type
Construction
Estimated Equity
$58,142
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Bradshaw Kathleen M $265,000 Capitol Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bradshaw Kathleen M $898,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2022 12/16/22 Sold $265,000 -10.2% --
07/22/2022 07/22/22 Price Changed $295,000 -14.5% --
07/09/2022 07/09/22 Price Changed $345,000 -12.7% --
05/24/2022 05/24/22 Price Changed $395,000 -8.0% --
04/21/2022 04/21/22 For Sale $429,500 -- --
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 $12,785 $864,100 $200,000 $664,100
2024 $12,785 $775,500 $0 $0
2023 $1,870 $180,000 $180,000 $0
2022 $1,870 $180,000 $180,000 $0
2021 $1,879 $180,000 $180,000 $0
2020 $1,879 $180,000 $180,000 $0
2019 $1,888 $180,000 $180,000 $0
2018 $1,888 $180,000 $180,000 $0
2017 $1,915 $180,000 $0 $0
2016 -- $200,000 $0 $0
2015 $2,008 $200,000 $0 $0
2014 $2,008 $200,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDCA2005772

Bright MLS

APN: 03-187659