Goode Road

Hughesville, MD 20637

$500,000
Price
692,604 / 15.9
Lot Size / Acres

Description

Given the favorable conditions in the current housing market and the opportunity to own 15 acres of land divided into 3 lots, each with at least 3 percolation tests (percs), there are several potential actions you could consider:
1. Real estate development: You could purchase the 15 acres and develop it into residential properties. With the demand for new homes in the area and the recent sales comps ranging from $555k to $800k plus, there is potential for profitable returns on investment.
2. Land investment:
...Given the favorable conditions in the current housing market and the opportunity to own 15 acres of land divided into 3 lots, each with at least 3 percolation tests (percs), there are several potential actions you could consider:

1. Real estate development: You could purchase the 15 acres and develop it into residential properties. With the demand for new homes in the area and the recent sales comps ranging from $555k to $800k plus, there is potential for profitable returns on investment.

2. Land investment: Alternatively, you could purchase the land as an investment and hold onto it. Land values tend to appreciate over time, especially in desirable locations. You could choose to sell the land at a later date when the market is more favorable or when the area experiences further development and increased demand.

3. Agricultural use: If you have an interest in farming or agricultural activities, you could utilize the land for agricultural purposes. This could involve growing crops, raising livestock, or even leasing the land to local farmers. Ultimately, the decision on what to do with the 15 acres of land depends on you! Lot C is located between 6135 and 6091 Goode Rd. Lot A is located in the rear of 6091 Goode Rd. (Do not disturb or trespass onto the property of 6091 or 6135 Goode Rd.
  1. Listed by Zelford C Platt • Zar Realty, LLC
    P: 3013757976 zee_realty@yahoo.com

Property Details for Goode Road

Tax ID Number
NO TAX RECORD
Ownership
Fee Simple
HOA
No
Waterfront
No
Views
Trees/Woods
Garage
No
Central Air
No
Construction Completed
No

Location

Listing Courtesy of Zar Realty, LLC
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LISTING UPDATED: 04/25/2024 11:42 AM

Property Details for Goode Road

StatusActive
MLS #MDCH2014432
Days on Market650
Taxes$9,026 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Fee Simple
Year Built-
Lot Size15.90 AC
CountyCharles County

Location

Listing Courtesy of Zar Realty, LLC
Add your commute

Building Information for Goode Road

Lot Size15.90 AC

Payment Calculator

$3,481 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,729

Property Taxes

$752

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for Goode Road

Location
Location
  • In City Limits: No
  • School District Name: CHARLES COUNTY PUBLIC SCHOOLS
  • School District County ID: 121138946901
  • SchoolDistrictSource: Listing Agent
  • County: CHARLES
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: 2022
  • Tax Assessed Value: $708,767
  • Year Assessed: 2022
  • Zoning: AC
  • Zoning Dscrp: Agriculture Conservation
  • Tax Lot: A, B & C
  • Automatically Update Tax Values Y/N: No
  • Perc Sites: 10
Building Info
  • Possible Use: Development, Investment, Land/Lot Only, Residential
Lot / Land Information
Farm Information
  • Farm Land Preservation Y/N: No
Lot / Land Information
  • Lot Size Source: Estimated
  • Lot Features: Rural, Road Frontage, Subdivision Possible
  • Current Use: Land/Lot Only
  • Road Surface Type: None
  • Location Type: Rural
  • Additional Parcels: No
  • Ground Rent Exists: No
Utilities
Utilities
  • Water Source: Well Required
  • Sewer Septic: No Septic System
Confidential Data
Listing Office
  • List Agent AOR: Southern Maryland Association of REALTORS

Property History for Goode Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near Goode Road

This home is within Charles County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
T. C. Martin Elementary School
PublicPK to 5

John Hanson Middle School
Public6 to 8

St Charles High School
Public9 to 12

Billingsley Elementary School
PublicPK to 5

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.

Similar Homes

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Similar Sold Homes

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Goode Road is a 15.9 ac of land for sale in Hughesville, MD 20637. This property was listed for sale on July 18, 2022 by Zar Realty, LLC, it's currently listed at $500,000. It has been on the market for a total of 650 days and was last sold on June 12, 2009. This listing's school district is Charles County Public Schools. Nearby schools include T. C. Martin Elementary School, John Hanson Middle School and St Charles High School. Goode Road is a 0-bed, 0-bath, 15.9 ac of land on a 692,604 sq. ft. / 15.9 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Zar Realty, LLC

© 2024 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 04/25/2024 11:42 AM