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0 Follow Ditch Road, Princess Anne, MD 21853
$2,488,500
0 Follow Ditch Road, Princess Anne, MD 21853View this property at 0 Follow Ditch Road, Princess Anne, MD 21853
0 Follow Ditch RoadPrincess AnneMD21853
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Property Description
This 711 timberland complex stands within several thousand contiguous acres of state owned forestland in Somerset County. The tract is located to the South of Wellington WMA and to the North of the Chesapeake Forest Wells Timberland Complex. This region of the Eastern Shore is well known for the high population of Whitetails and Eastern Wild Turkey. The tract offers the wildlife manager an array of management opportunities for improving the existing habitat as well as creating long term economic returns from the land. The property has been recently surveyed by consulting hired by the owner to monetize the natural resources of the property for income. The timber age class summary indicates there is some immediate merchantable timber as well as possible eligibility for certain conservation programs at the state and federal level. A hunting lease yields yearly income as well. Together these income streams can create a value stack of income streams to make this a quality land investment. The property is currently free and clear of any conservation programs restricting it's current or future use. The land use zoning is currently agricultural. Timber data is available upon request.
Full Property Details
Full Property Details for 0 Follow Ditch Rd
General
- Price: $2,488,500
- Taxes: $1,482 (2022)
- Status: Active
- Type: Lots/Land
- MLS ID: MDSO2002900
- Updated: 12/11/2023
- Added to Site: 446 day(s) ago
Location
- Area: Somerset East of Rt-13 (20-02)
- County: Somerset
- Driving Directions: From Rt. 13 South, Turn left on Costen Road. The turn left on Follow Ditch Road. The property will be on you left in 1.5 miles.
School Information
- School District: Somerset County Public Schools
Utilities
- Sewer: No Septic System, No Sewer System
- Water: None
Structural Information
- Stories/Levels: 0
- Current Bldg. Use: Recreation, Investment, Hunting, Timber, Vacant
Lot Features
- Lot Size (Acres): 711.05
- Lot Size (Sq. Ft.): 30,973,338
- Lot Size Source: Estimated
- Zoning: A
Financial Considerations
- Price Per Sq. Ft.: $.08
- Tax w/Assessment: $133,300
- Tax Amount: $1,482
- Tax Year: 2022
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3%
- Ownership: Fee Simple
Listed by The Land Group, Benjamin Alder
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Schools
Schools serving 0 Follow Ditch Rd
Rating | Name | Grades | Distance |
---|---|---|---|
Pocomoke Elementary School
2119 Pocomoke Beltway, Pocomoke City, MD 21851 | PK-3 | 5.9 mi | |
11412 Dryden Rd, Princess Anne, MD 21853 | 2-5 | 6.3 mi | |
Princess Anne Elementary School, Princess Anne, MD
11576 Lankford Ave, Princess Anne, MD 21853 | PK-1 | 6.5 mi | |
7970 Tawes Campus Dr, Westover, MD 21871 | 6-7 | 6.5 mi | |
532 S Division St, Fruitland, MD 21826 | 6-8 | 12.7 mi | |
635 E Main St, Salisbury, MD 21804 | 6-8 | 16.2 mi | |
Pocomoke High School
1817 Old Virginia Rd, Pocomoke City, MD 21851 | 9-12 | 5.9 mi | |
300 E College Ave, Salisbury, MD 21804 | 9-12 | 14.8 mi | |
Career Technology Education
1015 Beaglin Park Dr, Salisbury, MD 21804 | 9-12 | 15.1 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 0 Follow Ditch Rd
Date
Details
Price
Change
Source
2/27/2023
Listed
$2,488,500
211.06%
MLS
4/29/2022
Sold
$800,000
—
Public Record
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 0 Follow Ditch Rd
Year
Property Taxes
Change
Tax Assessment
Change
2023
$1,482
—
$133,300
—
2022
$1,482
-13%
$133,300
—
2020
$1,711
—
$133,300
-13%
2021
$1,711
—
$153,900
—
2020
$1,711
—
$153,900
—
2019
$1,711
—
$153,900
—
2018
$1,711
—
$153,900
—
2017
$1,711
8%
$153,900
—
2015
$1,581
—
$153,900
—
2014
$1,581
—
$153,900
—
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 0 Follow Ditch Rd
0 Follow Ditch Road, Princess Anne, MD 21853 (MLS# MDSO2002900) is a Lots/Land property with a lot size of 711.05 acres. 0 Follow Ditch Road is currently listed for $2,488,500 and was received on February 27, 2023. Want to learn more about 0 Follow Ditch Road? Do you have questions about finding other Lots/Land real estate for sale in Princess Anne? You can browse all Princess Anne real estate or contact a Coldwell Banker agent to request more information.