2 months on rocket

7368 Cedar Ave, Jessup, MD, 20794

$500,000

0.62 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeVacant Land
MLS #MDHW2036850
Lot Size0.62 Acres
StatusActive
(ACTIVE)

About 7368 Cedar Ave

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!

Property Details

Property Features

Listing Office:

  • Office Name: Compass
  • Office Phone: (240) 219-2422
  • Listing Agent: Pedro J Meneses

Lot Features

Lot Information:

  • Lot: Trees
  • Lot Size: 0.62 Acres

School Info

Assigned Schools Information:

  • Hammond High School, Public District Grades 9-12
  • Rockburn Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Continue on MD-200 E. Take US-29 N/Columbia Pike and MD-32 E to Cedar Ave in Howard County

Price Information

Listing Price Info

Price Summary:

  • List Price: $500,000

Tax Information:

  • Annual Amount: $2,586
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Jessup, MD.

Med. Sold Price

$490K

Med. Price/SqFt

$236

Avg. Days On Market

18

# of Sold Homes

11

7368 Cedar Ave vs Jessup

72 DAYS ON ROCKET

+54 Days

$500,000

+$10K More

KEY TAKEAWAY

This property is $10K more than the Median Sold Price in Jessup, MD.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #MDHW2036850

Listing Office:

  • Office Name: Compass
  • Office Phone: (240) 219-2422
  • Listing Agent: Pedro J Meneses

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: 4/28/2024, 5:40:18 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 28, 2018Home Sold
$120,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,586$223,900
2020$3,311$201,600
2019$2,991$179,300
2018$2,793$179,300
2017$2,784$179,300

History based on county public records data.

Payment Calculator

$2,563

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,566

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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-2501776
9
/10
  • Rockburn Elementary School

  • 6145 Montgomery Rd

  • 3.45 miles

  • Public District Grades PK-5

High School

school-card-donut-2501777
5
/10
  • Hammond High School

  • 8800 Guilford Rd

  • 3.72 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $105,506. Typical income of Jessup, MD residents is between $100k-200k annually. Most families are married, with kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7368 Cedar Ave

What is the listing price of this property?

The listing price of 7368 Cedar Ave property is $500,000.

What type of property is this?

The property 7368 Cedar Ave is land located in Jessup, Maryland, 20794.

Is this property for sale now?

Active Listing: 7368 Cedar Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 7368 Cedar Ave are:
Rockburn Elementary School: GreatSchools Rating 9/10
Hammond 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 $2,586 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 28, 2018 for $120,000. (source: MLS/tax record).

How much acreage is this property?

The property 7368 Cedar Ave is 0.62 acres.
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Rocket HomesMarylandHoward CountyJessup207947368 Cedar Ave

This home is located at 7368 Cedar Ave in Jessup, MD and zip code 20794. This home sits on a 0.62 acre lot. It has been listed on Rocket Homes since February 16, 2024 and is currently priced at $500,000.

Jessup, MD housing market in March 2024 saw over 4 listings sold above listed price, more than 2 sold at listed price and over 5 sold below. The inventory of homes for sale in Jessup, MD between February 2024 and March 2024 increased by 16%. Listings spent 18 days on the market in March 2024, and had a median list price of $490,000 during the same period.

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

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