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505 Maryland Avenue, Cambridge, MD 21613
$275,000
505 Maryland Avenue, Cambridge, MD 21613View this property at 505 Maryland Avenue, Cambridge, MD 21613
505 Maryland AvenueCambridgeMD21613
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Property Description
High visibility and terrific location. Quick access to Rt 50. Multiple office spaces on first and second floors. Hardwood floors, kitchenette, plenty of storage areas and spaces including a basement and an attic.
Full Property Details
Full Property Details for 505 Maryland Ave
General
- Price: $275,000
- Taxes: $3,325 (2024)
- Status: Active
- Type: Commercial
- MLS ID: MDDO2005490
- Updated: 5/9/2024
- Added to Site: 267 day(s) ago
Business
- Business Type: Professional
Interior
- Flooring: Carpet, Hardwood
Parking
- Total Spaces: 6
- Parking Type: Parking Lot
Location
- Municipality: Cambridge
- County: Dorchester
- Development Name: Cambridge
- Subdivision: Cambridge
- Cross Streets: Route 50
- Driving Directions: Take US-50 E/Ocean Gateway to Cambridge, turn right onto Maryland Ave, destination will be on left.
- City Limits: Yes
School Information
- Elementary School: Call School Board
- Middle School: Call School Board
- High School: Call School Board
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C, Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Radiant
- Heating Fuel: Oil
- Water Heater: 60+ Gallon Tank
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Wood Siding
- Foundation: Concrete Perimeter
- Roof: Shingle
- Entry Floor Number: 1
- Stories/Levels: 4
- Year Built: 1940
- Year Built Source: Assessor
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.22
- Lot Size (Sq. Ft.): 9,487
- Lot Size Source: Assessor
- Zoning: C-2
Financial Considerations
- Price Per Sq. Ft.: $105.12
- Assessment Year: 2024
- City/TownTax: $1,456
- City/TownTax Freq: Annually
- County Tax: $1,869
- County Tax Freq: Annually
- Tax w/Assessment: $183,400
- Tax Amount: $3,325
- Tax Year: 2024
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Ownership: Fee Simple
- Investment: Yes
Listed by Benson & Mangold, LLC, Chuck V Mangold Jr.
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Schools
Schools serving 505 Maryland Ave
School District:Dorchester County Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
1103 Maces Ln, Cambridge, MD 21613 | PK-5 | 1.6 mi | |
1101 Maces Ln, Cambridge, MD 21613 | 6-8 | 1.6 mi | |
2475 Cambridge Beltway, Cambridge, MD 21613 | 9-12 | 2.1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 505 Maryland Ave
Date
Details
Price
Change
Source
4/27/2024
Price Reduced
$275,000
-8.3%
MLS
9/23/2023
Price Reduced
$299,900
-6.25%
MLS
8/18/2023
Price Increased
$319,900
0.28%
MLS
8/16/2023
Listed
$319,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 505 Maryland Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$3,325
69%
$179,900
2%
2022
$1,962
28%
$176,400
3%
2017
$1,536
-51%
$171,800
3%
2021
$3,153
2%
$167,200
3%
2020
$3,100
3%
$162,600
—
2019
$3,019
—
$162,600
—
2018
$3,019
79%
$162,600
-11%
2016
$1,685
-50%
$182,900
—
2015
$3,371
—
$182,900
—
2014
$3,378
—
$183,300
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 505 Maryland Ave
505 Maryland Avenue, Cambridge, MD 21613 (MLS# MDDO2005490) is a Commercial property. 505 Maryland Avenue is currently listed for $275,000 and was received on August 16, 2023. Want to learn more about 505 Maryland Avenue? Do you have questions about finding other Commercial real estate for sale in Cambridge? You can browse all Cambridge real estate or contact a Coldwell Banker agent to request more information.