Views
Listed By:
Zar Realty, LLC
Address
Goode Road, Hughesville, MD
Price
$ 500,000
Property Attributes
  • MLS#MDCH2014432
  • TypeLand
  • CountyCHARLES
  • CityHughesville
  • Zip20637
  • StyleLand/Lot Only
  • Taxes$ 9026
  • Price$ 500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size15.9 Acres
Data Source:
Bright MLS
Property Description

Given the favorable conditions in the current housing market and the opportunity to own 15 acres of land divided into 3 lots, each with at least 3 percolation tests (percs), there are several potential actions you could consider: 1. Real estate development: You could purchase the 15 acres and develop it into residential properties. With the demand for new homes in the area and the recent sales comps ranging from $555k to $800k plus, there is potential for profitable returns on investment. 2. Land investment: Alternatively, you could purchase the land as an investment and hold onto it. Land values tend to appreciate over time, especially in desirable locations. You could choose to sell the land at a later date when the market is more favorable or when the area experiences further development and increased demand. 3. Agricultural use: If you have an interest in farming or agricultural activities, you could utilize the land for agricultural purposes. This could involve growing crops, raising livestock, or even leasing the land to local farmers. Ultimately, the decision on what to do with the 15 acres of land depends on you! Lot C is located between 6135 and 6091 Goode Rd. Lot A is located in the rear of 6091 Goode Rd. (Do not disturb or trespass onto the property of 6091 or 6135 Goode Rd.

Price History
7/18/2022 Listed $550,000
11/3/2022 5% - $525,000
3/20/2023 5% - $500,000

General Features

Sewer No Septic System
Possession Immediate
Zoning AC
View Trees/Woods
Property SubType Land
Tax Year 2022
Current Use Land/Lot Only
Percent Ownership Fee Simple
County CHARLES
Property Type Land
HOA / Comm Assn No
Possible Use Development,Investment,Land/Lot Only,Residential
Water Access Y/N No
Status ACTIVE
Directions Rt. 5 South (Leonardtown Road),take the circle to Rt. 231 towards Calvert. Approx. mile on the left,turn left onto Goode Road,the property is located on the right. Lot C is located between 6135 and
ModificationTimestamp 2024-04-25T11:42:31
City HUGHESVILLE
Buyer Agent Compensation 2
Zoning Description Agriculture Conservation
Lot Size Square Feet 692604.00
Tax Assessed Value 708767.0
Waterfront Y/N No
Street Name GOODE
Tax Annual Amount 9026.0
Price Per Sq Ft 0.72
Acceptable Financing Cash,Conventional,Farm Credit Service,Private,Rural Development,USDA
Additional Parcels Y/N No
Vacation Rental Y/N No
Days on Market 653
Location Type Rural
Standard Status Active
Tax Lot A,B & C
Buyer Agent Compensation Type % Of Gross

Interior Features

Street Suffix ROAD

Exterior Features

Lot Features Rural,Road Frontage,Subdivision Possible
Water Source Well Required
Water View Y/N No
Lot Size Acres 15.90
Road Surface Type None
Lot Size Units Square Feet
Lot Size Source Estimated
Number of Lots 3
Navigable Water Y/N No
Water Oriented Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 20637

Price
AVG $280K
$500K
Taxes
AVG $2,046
$9,026
Visits
AVG 320
571
Data Provided by Inside Real Estate®

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