Last Sold Price
272,250 Lot Size6.25 Acres
12477 Loretto Rd, Princess Anne, MD 21853

Description

This Property is only 1 of 5 parcels zoned I-1 Light Industrial within a 14 mile radius of Princess Anne, inside of Somerset County, This Property sits on the boarder of the town of Princess Anne. Has deeded access from Loretto Rd. Property has a house, a detached garage and several outbuildings remaining. This property is adjacent to Urban Living on UMES Blvd and right down the road from University of Maryland Eastern Shore (UMES).This Property is only 1 of 5 parcels zoned I-1 Light Industrial within a 14 mile radius of Princess Anne, inside of Somerset County, This Property sits on the boarder of the town of Princess Anne. Has deeded access from Loretto Rd. Property has a house, a detached garage and several outbuildings remaining. This property is adjacent to Urban Living on UMES Blvd and right down the road from University of Maryland Eastern Shore (UMES).
LISTING CLOSED: 09/26/2024 12:00 AM

  1. Listed by Christopher B. Messick • SVN/Miller Commercial Real Estate
    P: (443) 523-9228 chris.messick@svn.com
  2. Listed by John McClellan • SVN/Miller Commercial Real Estate
    P: (410) 543-2440 john.mcclellan@svn.com

Property Details for 12477 Loretto Road

Status
MLS #
MDSO2004240
Days on Market
39
Taxes
$773 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Land / Fee Simple
Year Built
-
Lot Size
6.25 AC
Tax ID Number
2015009683
Ownership
Fee Simple
HOA
No
Waterfront
No
Garage
No
Central Air
No
Construction Completed
No

Recent comparable sales

Median sold price

$75,000

Avg days on market

260

Sale-to-list ratio

81.0%

Princess Anne, MD

9 comparable properties found

a backyard of a house with lots of green space
1/3
1

$100,000

Sold 07/01/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
6.55
Acres
a view of dirt yard with a large tree
1/3
2

$53,000

Sold 12/22/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
20
Acres
a view of entryway
1/7
3

$18,025

Sold 05/22/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.75
Acres
$45,000 | 0 McCormick Swamp Road, Princess Anne, MD 21853
1/2
4

$45,000

Sold 11/18/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
14.37
Acres
$590,000 | 0 Old Princess Anne Road, Princess Anne, MD 21853
1/2
5

$590,000

Sold 08/05/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
32.5
Acres
$75,000 | 0 Stewart Neck Road, Princess Anne, MD 21853
1/5
6

$75,000

Sold 08/30/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
4.52
Acres
$286,500 | 0 Allen Road, Princess Anne, MD 21853
1/2
7

$286,500

Sold 03/31/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
65.07
Acres
$90,000 | 14200 Melody Drive, Princess Anne, MD 21853
1/2
8

$90,000

Sold 11/22/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
4.1
Acres
$50,000 | 13712 Crows Foot Lane, Princess Anne, MD 21853
1/11
9

$50,000

Sold 08/07/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
2
Acres

Location

Listing Courtesy of SVN/Miller Commercial Real Estate

Sold By Keller Williams Realty Delmarva

Add your commute

Building Information for 12477 Loretto Road

Lot Size6.25 AC

Payment Calculator

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$496 per month

30 year fixed, 6.55% Interest

Principal and Interest

$432

Property Taxes

$64

HOA Dues

$0

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Property Information for 12477 Loretto Road

Location
Location
  • In City Limits: No
  • School District Name: SOMERSET COUNTY PUBLIC SCHOOLS
  • School District County ID: 121138759568
  • SchoolDistrictSource: Listing Agent
  • County: SOMERSET
  • MLS Area: Somerset East of Rt-13 (20-02)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2023
  • Tax Assessed Value: $69,500
  • Year Assessed: 2023
  • County Tax: $695
  • Improvement Assessed Value: $0
  • Clean Green Assessed: No
  • Land Use Code: R
  • Zoning: I-1 LIGHT INDUSTRIAL
  • School Tax: $0
  • Automatically Update Tax Values Y/N: Yes
Lot / Land Information
Farm Information
  • Farm Land Preservation Y/N: No
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 0.00 x 0.00
  • Lot Dimensions Source: Assessor
  • Current Use: Land/Lot Only
  • Parcel ID: 12573099
  • Additional Parcels: No
Utilities
Utilities
  • Water Source: Public
  • Sewer Septic: On Site Septic
Confidential Data
Listing Office
  • List Agent AOR: Sussex County Association of REALTORS (DE)

Property History for 12477 Loretto Road

DateEvent & SourcePriceAppreciation
Sep 26, 2024

Closed (Public Record)

Public Record #1543583042

$85,000

+49.2% / yr

Sep 26, 2024

Closed

BRIGHT #MDSO2004240

$85,000
Mar 28, 2024

Pending

BRIGHT #MDSO2004240

DateEvent & SourcePrice
09/26/2024

Closed (Public Record)

Public Record #1543583042

$85,000

+49.2% / yr

09/26/2024

Closed

BRIGHT #MDSO2004240

$85,000
03/28/2024

Pending

BRIGHT #MDSO2004240

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 12477 Loretto Road

Taxable ValueLand-Additions-Total-
Tax Record2025$2,424 ($202 / month)
Home Facts
Beds0Baths1Total Finished SqFt2,278 SqFtAbove Grade Finished SqFt2,278 SqFtStories1Lot Size272,250 SqFtStyleSingle Family ResidenceYear Built1960ZoningR-2CountySOMERSETAPN15-009683Fireplace TypeHas Fireplace

Schools near 12477 Loretto Road

This home is within Somerset County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 1
Public - 8 to 12
Public - 2 to 5
Public - 6 to 7
Rating
School
Distance
Princess Anne Elementary School
PublicPK to 1

Washington Academy And High School
Public8 to 12

Greenwood Elementary School
Public2 to 5

Somerset 6/7 Intermediate School
Public6 to 7

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 12477 Loretto Road, Princess Anne, MD 21853
$85,000
272,250
$4,000
8,291
$1,200,000
8,848
111,078
$4,000,000
7,038
302,916
$31,000
4
1,644
130,680
$50,000
53,704
45,738

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of SVN/Miller Commercial Real Estate

© 2026 Bright MLS. All rights reserved. All information is deemed reliable, but accuracy is not guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 09/26/2024 10:25 AM