Check Availability
Howard 20794
7368 CEDAR AVE
$500,000
Land - For Sale

7368 CEDAR AVE

JESSUP, MD 20794
bedrooms
Studio
bathrooms
0 Bath
$2,456
Estimated Monthly
$0
HOA / Fees

About This Property

Situated at 7368 Cedar Ave, Jessup, MD 20794, this property features a 0.31-acre land lot, meticulously prepared for construction, complete with public utilities and devoid of any HOA fees. Boasting proximity to Route 1/175/I-95 and easy access to Columbia, this flat and cleared lot presents an excellent opportunity for prospective builders. Noteworthy is the potential waiver of impact fees, as a previous dwelling on the site has been demolished. This parcel is being sold in conjunction with 7370 Cedar Ave , an equally sized property (lots are inseparable). Seize the chance to build on this prime piece of land in a sought-after neighborhood!
Unit Size
-
Days on Market
82 days
Land Size
0.62 acres
Price per sqft
-
Property Type
Land
Property Taxes
$351
HOA Dues
-
Year Built
1948
Last updated: 3 months ago (Bright MLS #MDHW2036850)

Price History

Date / Event Date Event Price
Feb 16, 2024 Listed by Compass $500,000
Listed by Compass
Jul 29, 2017 Listed $185,000
Listed
Call CSS to show! Extraordinary opportunity to own over a half acre lot in Howard County! House itself needs work and will not pass FHA or VA appraisals. Value is in the land! Looking for cash or rehab loans... Three bedrooms and 1 full bath. Four year old hot water heater. Hardwood floors. Oak cabinets. Separate dining room. Walking distance to shopping center. Minutes to Ft Meade, I-95. The manager has listed the unit size as 2304 square feet.

Property Highlights

Exterior Details

Property Information

Ownership Interest: Fee Simple

Lot Information

Backs to Trees
Tidal Water: N
Lot Size Source: Assessor

Land Information

Land Assessed Value: $260,533
Financial Details
County Tax: $2,933
County Tax Payment Frequency: Annually
Tax Assessed Value: $260,533
Tax Year: 2023
Tax Annual Amount: $4,212
Year Assessed: 2023

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 27,050
  • Total Building Area: 1,152
  • Gross Building Area: 1,152
  • Building Area: 1,152
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,152
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: CEDARS EXT
  • Land Acres: 0.621
  • Legal Description 1: LOT D 2 7368 CEDAR AVE CEDARS EXT

Ownership

  • Current Owner : GOLDEN GATE LLC
  • Previous Owner : RICE GLORIA D
  • Previous Owner 2: ESTATE OF DELOIS A ALSTON
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Howard County Public Schools
  • Census Tract: 606901

Zoning

  • Zoning: RSC

Geography

  • Assessors Map Reference: 43 8 257
  • Account Number: 405622
  • District: 06
  • Parcel: 06-405622
  • Lot: D 2
  • Latitude: 39.1684
  • Longitude: -76.7906

    Address

  • Full Address: 7368 Cedar Ave
  • Address - House Number: 7368
  • Address - Street Name: Cedar
  • Address - Suffix Type: Ave
  • State: MD
  • City Name: Jessup
  • Carrier Code: R002
  • 4-Digit Zip Code: 9456
  • Zip Code: 20794

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,199

    Appraisal Valuation

  • Standard Deviation: 0.0901
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 92
  • Final Value: 501,526
  • High Value: 546,742
  • Low Value: 456,309

    Market Valuation

  • Market Total Value: $289,200
  • Market Land Value: $218,000
  • Market Improvement Value: $71,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $260,533

    Sales

  • Current Sale Contract Date: Apr 27, 2018
  • Current Sale Recording Date: Jun 28, 2018
  • Current Sale Transaction ID: 11480310633
  • Current Sale Price: $120,000
  • Current Sale Document Type: unknown

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
3 Baths
1,652 ft²
$291/ft²
$480,000 Feb 28, 2023
$480,000 May 19, 2023
-
House
8 Beds
4 Baths
2,140 ft²
$241/ft²
$515,000 Oct 19, 2020
$515,000 Dec 31, 2020
$179/mo
House
3 Beds
3 Baths
1,792 ft²
$257/ft²
$460,000 Jul 27, 2023
$460,000 Sep 18, 2023
-
House
4 Beds
3 Baths
2,200 ft²
$236/ft²
$520,000 Jun 2, 2022
$520,000 Apr 24, 2023
$150/mo
Condo
3 Beds
4 Baths
1,920 ft²
$221/ft²
$425,000 Oct 11, 2023
$425,000 Jan 31, 2024
-
House
3 Beds
3 Baths
1,428 ft²
$287/ft²
$410,000 Jul 21, 2020
$410,000 Aug 20, 2020
-
Townhouse
3 Beds
3 Baths
1,960 ft²
$245/ft²
$479,900 Feb 13, 2024
-
$274/mo
In Contract
Townhouse
3 Beds
3 Baths
1,444 ft²
$304/ft²
$439,000 Dec 26, 2023
-
$91/mo
Townhouse
3 Beds
3 Baths
1,720 ft²
$262/ft²
$450,000 Jan 22, 2024
-
$274/mo
In Contract
House
4 Beds
4 Baths
1,600 ft²
$256/ft²
$410,000 Feb 1, 2024
-
-
Condo
3 Beds
3 Baths
2,102 ft²
$197/ft²
$415,000 Jan 24, 2024
-
$202/mo

About Howard


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Nearby Rentals



Frequently Asked Questions

When was property at 7368 Cedar Avenue built and last sold?
The property at 7368 Cedar Avenue was built in 1948 and last sold on Apr 27, 2018 for $120,000.
How much is this home worth?
The estimated value of the home located at 7368 Cedar Avenue is $505,000.
What are some comparable homes to 7368 Cedar Avenue?
Homes that are comparable to 7368 Cedar Avenue include a townhouse property at 7214 Sun King Lane, a house property at 7373 Wye Avenue, 8336 Pleasant Chase Road.

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