NOT LISTED FOR SALE

Estimated Value: $204,174 - $365,000

6.21 Acres
$42,951 Price per Acre
270,508 Sq Ft Lot

Last Sold June 30, 2020

Last sale price $165,000

Est. 62% increase in value since last sale

Current estimated payment $1,678/month

About This Lot

As of June 2020

WOW!!! ATTENTION ALL BUYERS!!! OWNER WILL FINANCE AT 0% APR!!!Looking to build your new home? How about building a home and having 6 acres of fully timbered privacy in a park like setting with a creek? If so, you re in the right place. Because the seller is offering these 6 never before incentives:1) The Seller is willing to owner finance the purchase price, and give you an interest rate of 0% for 18 months (depending on your down payment);2) In the market to build? Is your family expanding and you need a larger home? Use the equity in your current home and apply that for your down payment tax free & no payments EVER!! (Hint: it s not a refinance, it's not a HELOC, in fact, it s not even a loan!)3) Up to 6 months of NO PAYMENTS after closing (on a seller carry note);4) A Full marketable warranty deed title will be conveyed to Buyer on seller financing with NO liens!! Meaning the Buyer can use all the equity in the land to mitigate a construction/development loan with no down payment;5) For all mortgage buyers, the Seller will pay for a 1% interest rate buy-down (if elected);6) The seller is willing to pay ALL closing costs, including a buyers loan closing costs.For buyers seeking seller s financing, upon posting your down payment and signing a simple contract for deed, you can immediately take possession of the land, and a full marketable warranty deed will be conveyed. You must act fast, because the seller may withdraw these incentives at any time.As a summary, if you re looking to build, and if you have equity in your current home, you can apply your equity towards the seller s financing, with no payments for six months, and 0% interest for 18 months. In addition, you will be given a full marketable warranty deed with snow mortgage liens or security liens. In essence, you re exchanging a small portion of the equity in your current home, for $300,000+ in equity in this land. Now, getting a construction loan for your dream home will become a reality.6.22 Acres in Howard County with 4 feasible lots! This lot is Zoned R-SC, perfect for single-family structures or townhomes (including duplexes). This zoning type requires each lot to have 6,000 minimum square feet. The full feasibility site analysis was completed by Vogle Timmons Engineering in Ellicot City, and they have already assessed the footprint allowance for the 6.22 acre parcel including terrain, utility allowances, sidewalks, and a road. A full site plan is the next step needed to develop this parcel which would address the hydrology, storm drain placements, and other horizontal improvements if a Buyer wants to develop this land as a development. If the buyer wants to build one home (or as a family plot), that is also possible and likely easier/faster. The property has a creek runs through the center of the 6-acre parcel and Howard County requires a 75 setback from the creek. The remaining acreage is fully timbered and can serve as a privacy space, greenspace/walking trails, or can be designated as a conservation easement for tax purposes or be placed into the Conservation Reserve Program (CRP) which is a federal program that gives landowners an annual per-acre payment to take environmentally sensitive land out of development. The choice is up to the Buyer. This land is priced to MOVE QUICKLY so don't wait!

Last Agent to Sell the Property

Charlotte Savoy

(443) 858-2723 charlotte@thesavoyteam.com The KW Collective Listed on: 02/12/2020

The KW Collective

Last Buyer's Agent

Ian Shaw

(410) 952-9746 ian.shaw@lnf.com Long & Foster Real Estate, Inc. License #523987

Long & Foster Real Estate, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,256

Lot Details

  • 6.21 Acre Lot
  • Property is zoned RSC

Schools

  • Laurel Woods Elementary School
  • Murray Hill Middle School
  • Reservoir High School

Community Details

  • No Home Owners Association
  • North Ridge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1406446604

Property Details

Property Type

Land

Est. Annual Taxes

$2,256

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential
  • New Construction: No
  • Remarks Public: WOW!!! ATTENTION ALL BUYERS!!! OWNER WILL FINANCE AT 0% APR!!!Looking to build your new home? How about building a home and having 6 acres of fully timbered privacy in a park like setting with a creek? If so, you re in the right place. Because the seller is offering these 6 never before incentives:1) The Seller is willing to owner finance the purchase price, and give you an interest rate of 0% for 18 months (depending on your down payment);2) In the market to build? Is your family expanding and you need a larger home? Use the equity in your current home and apply that for your down payment tax free & no payments EVER!! (Hint: it s not a refinance, it's not a HELOC, in fact, it s not even a loan!)3) Up to 6 months of NO PAYMENTS after closing (on a seller carry note);4) A Full marketable warranty deed title will be conveyed to Buyer on seller financing with NO liens!! Meaning the Buyer can use all the equity in the land to mitigate a construction/development loan with no down payment;5) For all mortgage buyers, the Seller will pay for a 1% interest rate buy-down (if elected);6) The seller is willing to pay ALL closing costs, including a buyers loan closing costs.For buyers seeking seller s financing, upon posting your down payment and signing a simple contract for deed, you can immediately take possession of the land, and a full marketable warranty deed will be conveyed. You must act fast, because the seller may withdraw these incentives at any time.As a summary, if you re looking to build, and if you have equity in your current home, you can apply your equity towards the seller s financing, with no payments for six months, and 0% interest for 18 months. In addition, you will be given a full marketable warranty deed with snow mortgage liens or security liens. In essence, you re exchanging a small portion of the equity in your current home, for $300,000+ in equity in this land. Now, getting a construction loan for your dream home will become a reality.6.22 Acres in Howard County with 4 feasible lots! This lot is Zoned R-SC, perfect for single-family structures or townhomes (including duplexes). This zoning type requires each lot to have 6,000 minimum square feet. The full feasibility site analysis was completed by Vogle Timmons Engineering in Ellicot City, and they have already assessed the footprint allowance for the 6.22 acre parcel including terrain, utility allowances, sidewalks, and a road. A full site plan is the next step needed to develop this parcel which would address the hydrology, storm drain placements, and other horizontal improvements if a Buyer wants to develop this land as a development. If the buyer wants to build one home (or as a family plot), that is also possible and likely easier/faster. The property has a creek runs through the center of the 6-acre parcel and Howard County requires a 75 setback from the creek. The remaining acreage is fully timbered and can serve as a privacy space, greenspace/walking trails, or can be designated as a conservation easement for tax purposes or be placed into the Conservation Reserve Program (CRP) which is a federal program that gives landowners an annual per-acre payment to take environmentally sensitive land out of development. The choice is up to the Buyer. This land is priced to MOVE QUICKLY so don't wait!
  • Special Features: VirtualTour

Interior Features

  • Price Per Sq Ft: 0.89
  • Street Number Modifier: 9726

Exterior Features

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

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Hook/Up Avail
  • Utilities: Electric Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public Hook-Up Available

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: HOWARD COUNTY PUBLIC SCHOOL SYSTEM
  • Elementary School: LAUREL WOODS
  • Middle School: MURRAY HILL
  • High School: RESERVOIR
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121139568958
  • School District Source: Listing Agent
  • Elementary School: LAUREL WOODS
  • High School: RESERVOIR
  • Middle Or Junior School: MURRAY HILL

Lot Info

  • Additional Parcels: No
  • Land Use Code: 010
  • Lot Size Acres: 6.21
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 270508.00
  • Possible Use: Residential
  • Year Assessed: 2020
  • Zoning: RSC
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15394276
  • Tax Annual Amount: 2256.00
  • Assessor Parcel Number: 1406446604
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 06/30/2020

MLS Schools

  • School District Name: HOWARD COUNTY PUBLIC SCHOOL SYSTEM

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2020
Closed on
Jun 30, 2020
Sold by
Project Angel Of Nwa Lc
Bought by
Trotter 5857 Llc
Seller's Agent
Charlotte Savoy
The KW Collective
Buyer's Agent
Ian Shaw
Long & Foster Real Estate, Inc.
List Price
$325,000
Sold Price
$165,000
Premium/Discount to List
-$160,000
-49.23%
Current Estimated Value
$266,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,725
Avg. Annual Appreciation
27.23%

Purchase Details

Closed on
Aug 4, 2018
Sold by
Fields Roy Matthew and Sanford Paulette L
Bought by
Project Angel Of Nwa Lc

Purchase Details

Closed on
Jun 18, 2009
Sold by
Beaty Degwanda L
Bought by
Fields Roy Matthew and Sanford Paulette L

Purchase Details

Closed on
Jun 15, 2009
Sold by
Beaty Degw L and Beaty A L
Bought by
Matthew Fields Roy and Matthew Sanford Paulette

Purchase Details

Closed on
Feb 18, 2009
Sold by
Compton J Richard Trustee
Bought by
Beaty Degwanda L

Purchase Details

Closed on
May 22, 2001
Sold by
Richard Compton J
Bought by
Compton J Richard Trustee and Compton Elizabeth Trustee
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
Trotter 5857 Llc $165,000 Clear Title Group
Project Angel Of Nwa Lc -- None Available
Fields Roy Matthew $250,000 --
Matthew Fields Roy $250,000 --
Beaty Degwanda L $200,000 --
Compton J Richard Trustee -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2020 06/30/20 Sold $165,000 -31.2% --
06/15/2020 06/15/20 Pending -- -- --
06/11/2020 06/11/20 Price Changed $239,900 -12.8% --
04/04/2020 04/04/20 Price Changed $275,000 -7.4% --
03/13/2020 03/13/20 Price Changed $297,000 -1.0% --
02/22/2020 02/22/20 Price Changed $300,000 -7.7% --
02/12/2020 02/12/20 For Sale $325,000 -- --
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 $3,236 $225,200 $225,200 $0
2024 $3,236 $225,200 $225,200 $0
2023 $3,236 $225,200 $225,200 $0
2022 $3,305 $230,000 $230,000 $0
2021 $2,953 $205,500 $0 $0
2020 $2,601 $181,000 $0 $0
2019 $2,257 $156,500 $156,500 $0
2018 $2,155 $156,500 $156,500 $0
2017 $2,155 $156,500 $0 $0
2016 -- $156,500 $0 $0
2015 -- $156,500 $0 $0
2014 -- $156,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDHW275324

Bright MLS

APN: 06-446604