Movoto Real Estate
Sold on 12/05/2022

5 Park Ave, Ridgely, MD 21660

$315,000

Last sold 12/05/2022 after 101 Days

  • —

    bed

  • —

    bath

  • 3,200

    Sqft ($98/Sqft)

Multi-family not for sale

About 5 Park Ave

Property type Multi-family
Year built 1940
HOA fee $0/month
Lot size 10,454 Sqft
Property description
Great Investment Opportunity that pays for itself!! 4-unit multi-family. Each apt has 2 bedrooms, 1 w/walk-in closet, 1 bathroom, kitchen, dining and living room. All fully tiled, metal roof. Entrance to 2 apt from the front. Entrance to 2 other apts in the rear. All have separate meters. 2 storage sheds. Quiet tree-lined neighborhood in historic downtown Ridgely.
Listed by
Listing Agent - Juliet P Wells
Listing Office - Coldwell Banker Chesapeake Real Estate Company
Source: Bright MLS mls logo
MLS#MDCM2002168 • last updated 3 years ago
Movoto checked Bright MLS for data 6 minutes ago
Overview
Cooling/AC Window Unit(s), None
Heating Central, Electric
Levels/Style Other
Type Multi-Family
SubType Quadruplex
Status Closed
SqFt 3200
Lot Size (SqFt) 10575
Lot Size (Acres) 0.24
City/ Town Tax 1352
Tax: Assessed Value 264100
Annual Property Tax 4104
Year Built 1940
Condition Very Good
Municipality RIDGELY
New Construction (Y/N) N
Foreclosure (Y/N) N
Interior
Appliances Oven/Range - Electric, Refrigerator
Accessibility Features None
Exterior
Roof Metal
Construction T-1-11
Parking Desc Driveway
Existing Structures Above Grade, Storage Barn/Shed
Amenities / Utilities
Sewer/ Septic Public Sewer
Pool No Pool
Location
Subdivision NONE AVAILABLE
Water Source Public
School District CAROLINE COUNTY PUBLIC SCHOOLS
Directions East On 480 Left On Central Ave. Left On W Railroad St. Left On Park Ave. House On Right
Zoning C
Multifamily Details
# 2-Bedroom Units 4
Gross Scheduled Income 33960
We are not permitted to show value estimates for this property.
  • Sep 2025
    Public Records
  • Sep 23, 2025 Sold
    $310,000 (-1.6%)
  • Dec 2022
    Public Records
  • Dec 19, 2022 Sold
    $315,000
  • Dec 2022
    mls logo MLS # MDCM2002168
  • Dec 5, 2022 Sold
    $315,000 (+5.0%)
  • Oct 5, 2022 Active
    —
  • Aug 26, 2022 Listed
    $299,900
  • Oct 2019
    mls logo MLS # MDCM123168
  • Oct 10, 2019 Listed
    $299,900
  • Sep 2019
    mls logo MLS # MDCM123038
  • Sep 17, 2019 Listed
    $299,900
  • Jun 2019
    mls logo MLS # 1006151488
  • Jun 19, 2019 Price Change
    $299,900 (-9.1%)
  • Sep 21, 2018 Listed
    $329,999 (+32.3%)
  • Sep 2005
    Public Records
  • Sep 20, 2005 Sold
    $249,500
  • Year Property taxes Tax assessment
  • 2023
    $4,041 -1.5%
    $279,300 +5.76%
  • 2022
    $4,104 +7.7%
    $264,100 -6.45%
  • 2017
    $3,810
    $282,300
  • 5 Park Ave
    $315K
  • —
  • 21660
    $350K -9% y/y
  • Ridgely
    $372K -3% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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  • Real Estate
  • MD
  • Caroline County
  • Ridgely
  • 21660
  • 5 Park Ave
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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 Movoto 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. Data last updated: 10/29/2026. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closedor 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. BRIGHTMLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually solddue to reporting errors.
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