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Marley Road

ELKTON, MD 21921
  • $1,200,000
  • STATUS: Active Under Contract
  • ON SITE: 75 Days
  • ID#: MDCC2001790
Under Contract
UPDATED: 48 min ago
$1,200,000
  • 0
    BEDS
  • 40.06
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Vacant Land / Lots
County:

School Ratings & Info

School District:

Description

40.06 +/- acres zoned RM (High Density Residential). Property was concept plat approved for 176 duplex lots by Cecil County Planning Commission in 2017. Approval expired in 2020 but engineer believes it can be revived. Bank acquired property through foreclosure and is looking to sell to a qualified developer. Property consists of 3 lots as follows:05-050510 - 38.401 acres05-138992 - 00.997 acres (frontage on Marley Rd)05-138993 - 00.692 acres (frontage on Marley Rd)Appraised in 2017 for $2,778,000.See attached Concept Plan

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©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use 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 may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or CENTURY 21 Core Partners. 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. Data last updated: 2021-12-08T06:55:01.327.
www.century21core.com/homes/121711784
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Marley Road ELKTON, MD 21921

  • Price: $1,200,000
  • Status: Active Under Contract
  • On Site: 75 Days
  • Updated: 48 min ago
  • ID#: MDCC2001790
0
Beds
0
Baths
0
½ Baths
40.06
Acres
County:
Cecil
School District:
Cecil County Public Schools
Property Description
40.06 +/- acres zoned RM (High Density Residential). Property was concept plat approved for 176 duplex lots by Cecil County Planning Commission in 2017. Approval expired in 2020 but engineer believes it can be revived. Bank acquired property through foreclosure and is looking to sell to a qualified developer. Property consists of 3 lots as follows:05-050510 - 38.401 acres05-138992 - 00.997 acres (frontage on Marley Rd)05-138993 - 00.692 acres (frontage on Marley Rd)Appraised in 2017 for $2,778,000.See attached Concept Plan
Exterior Features

Garage YN No Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Property Features

Assessment Year 2021 Association YN No Central Air YN No Construction Completed YN No Current Use Vacant Navigable Water YN N Original MLSNumber 801072735970 Ownership Interest Fee Simple Possession Settlement Property Sub Type Land Sale Type Reo (Real Estate Owned) Sewer Other Tax Annual Amount 7087.00 Tax Assessment Amount 272200.00 Vacation Rental YN No Water Source Other Zoning Rm Zoning Description High Density Residential

Listing courtesy of Jefferson Realty Group, Inc..


©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use 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 may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or CENTURY 21 Core Partners. 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. Data last updated: 2021-12-08T06:55:01.327.
 
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