108 Virginia Avenue

108 Virginia Avenue has been categorized by the local assessors in Cambridge, MD as a industrial type of property. The building on the property was first built in 1967 and is 57 years old. This is a single story building so stairs are not necessary to access other parts of the home. The area measurement of the land has been determined as 29,000 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. We know that this is 5 code building. This code stands for "specialized buildings that do not fit in any of the other categories.". Moving on to the building itself. The condition of the building has been evaluated as good. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with brick control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The exterior walls of the building are made of metal. In terms of heating, it is utilizing baseboard heaters and being fueled with electricity. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 108 Virginia Avenue sold most recently in Jul 27, 2018 for a total of $275,000. If you work out the math, that's approximately a cost of $43.58 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $4,442 in taxes each year. The initial year of tax delinquency occurred in 2019. 108 Virginia Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $240,333. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.