1 year on rocket

Sale Pending

523 S Main St, Federalsburg, MD, 21632

$249,000

1.60 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeVacant Land
MLS #MDCM2001640
Lot Size1.60 Acres
StatusSale Pending
(PENDING)

About 523 S Main St

Great Location for Fast Food or Similar business. Only one current fast food franchise in Federalsburg. Commercial Corner Lot zoned C-1 with access to town water & sewer. Next to a Busy Road and a Town Park on Marshy Hope Creek with a Small Marina. Great Spot to serve food and snacks! Location is the corner of Main Street (with access to downtown Federalsburg) and Rt 213 ( Federasburg Bypass), Primary route to Bridgeville, DE and Atlantic Beaches. Heavy traffic by this location (7,000+ daily) Commercial Trucks and cars, see traffic volume report in documents. Formally a gas & diesel convenience and liquor store. Tanks removed and cleared by MDE. Industrial parks nearby, Great Opportunity for New Development! Buyer to comfirm use is permitted.

Property Details

Property Features

Listing Office:

  • Office Name: Benson & Mangold, LLC
  • Office Phone: (410) 770-9255
  • Listing Agent: James M Bent

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 1.60 Acres

School Info

Assigned Schools Information:

  • Colonel Richardson High School, Public District Grades 9-12
  • Colonel Richardson Middle School, Public District Grades 6-8
  • Federalsburg Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From intersection of Rt 315 & 313 travel south on Rt 313 to intersection of S. Main St and Rosser Rd. Left on S Main Street, Lot on right at corner

Municipality:

  • Federalsburg

Price Information

Listing Price Info

Price Summary:

  • List Price: $249,000

Tax Information:

  • Annual Amount: $2,122
  • Tax Year: 2021
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MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #MDCM2001640

Listing Office:

  • Office Name: Benson & Mangold, LLC
  • Office Phone: (410) 770-9255
  • Listing Agent: James M Bent

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/24/2024, 11:25:19 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$2,122$182,233
2020$3,447$182,200
2018$3,411$182,200
2017$3,550$193,800

History based on county public records data.

Payment Calculator

$1,310

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$813

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-137916
4
/10
  • Federalsburg Elementary School

  • 302 S University Ave

  • 0.46 miles

  • Public District Grades PK-5

Middle School

school-card-donut-137917
6
/10
  • Colonel Richardson Middle School

  • 25390 Richardson Rd

  • 5.43 miles

  • Public District Grades 6-8

High School

school-card-donut-137918
5
/10
  • Colonel Richardson High School

  • 25320 Richardson Rd

  • 5.52 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,445. The majority of Caroline County, MD residents have income between $35k-100k annually. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 523 S Main St

What is the listing price of this property?

The listing price of 523 S Main St property is $249,000.

What type of property is this?

The property 523 S Main St is land located in Federalsburg, Maryland, 21632.

Is this property for sale now?

Sale Pending: 523 S Main St is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 523 S Main St are:
Federalsburg Elementary School: GreatSchools Rating 4/10
Colonel Richardson Middle School: GreatSchools Rating 6/10
Colonel Richardson High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,122 (source: MLS/based on county public records data).

How much acreage is this property?

The property 523 S Main St is 1.60 acres.
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Rocket HomesMarylandCaroline CountyFederalsburg21632523 S Main St

This home is located at 523 S Main St in Federalsburg, MD and zip code 21632. This home sits on a 1.60 acre lot. It has been listed on Rocket Homes since May 09, 2022 and is currently priced at $249,000.

Over 2 listings were sold over their listed price in March 2024 in Caroline County, MD. In the same period over 9 listings were sold below the listed price and 3 listings were sold for the listed price. Between February 2024 and March 2024, Caroline County, MD real estate market has seen increase in the number of listings by 10.2%. Listings spent 53 days on the market in March 2024, and had a median list price of $299,150 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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