First time available in many years! This exceptional double lot on Main Street in Ridgely presents a rare investment and development opportunity. Situated at a highly visible, high-traffic intersection, the property is ideally positioned for future commercial use. With the town's new comprehensive plan drafting, the current owners have requested a commercial zoning overlay for the parcel, creating exciting potential for a business site in a growing area. Whether you're an investor, developer, or entrepreneur, this is a unique chance to secure a prominent location with significant future upside. This listing includes additional lot/land - MLS# MDCM2006810
Coming soon 06/22
$450,000
506 Central Ave, Ridgely, MD 21660
3beds
1,370sqft
Single Family Residence
Built in 1880
9,000 Square Feet Lot
$-- Zestimate®
$328/sqft
$-- HOA
What's special
- 10 days |
- 65 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Allie Harris 410-310-2670,
Taylor Properties 301-970-2447
Source: Bright MLS,MLS#: MDCM2007440
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
Basement
- Area: 0
Heating
- Forced Air, Oil
Cooling
- Window Unit(s)
Appliances
- Included: Oven/Range - Electric, Refrigerator, Electric Water Heater
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 1,370
- Total interior livable area: 1,370 sqft
- Finished area above ground: 1,370
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Other, On Street, Detached
- Garage spaces: 2
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Pool features: None
- Frontage type: Road Frontage
Lot
- Size: 9,000 Square Feet
- Dimensions: 50.00 x
- Features: Additional Lot(s)
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 0607007701
- Zoning: R1
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Colonial
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Foundation: Crawl Space
- Roof: Shingle
Condition
- New construction: No
- Year built: 1880
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: None Available
HOA
- Has HOA: No
Location
- Region: Ridgely
- Municipality: Ridgely
Financial & listing details
- Price per square foot: $328/sqft
- Tax assessed value: $181,467
- Annual tax amount: $2,524
- Date on market: 6/22/2026
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
$1,740/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/20/2009 | Listing removed | $160,900$117/sqft |
Source: Long and Foster Real Estate #CM7003630 Report a problem | ||
| 4/26/2009 | Price change | $160,900-5.3%$117/sqft |
Source: Long and Foster Real Estate #CM7003630 Report a problem | ||
| 3/15/2009 | Listed for sale | $169,900+1085.2%$124/sqft |
Source: Long and Foster Real Estate #CM7003630 Report a problem | ||
| 10/3/1983 | Sold | $14,335$10/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,198 -5% | $167,433 +9.1% |
| 2024 | $2,313 +5.1% | $153,400 +6.7% |
| 2023 | $2,200 +5.5% | $143,800 -6.3% |
| 2022 | $2,086 +6.5% | $153,400 +23.1% |
| 2021 | $1,959 +1.1% | $124,600 +2.4% |
| 2020 | $1,937 +1.2% | $121,733 -2.3% |
| 2019 | $1,914 +61.5% | $124,600 +7.4% |
| 2018 | $1,186 -36.3% | $116,000 +0.4% |
| 2017 | $1,861 +43.5% | $115,500 +0.4% |
| 2016 | $1,297 | $115,000 +0.4% |
| 2015 | $1,297 | $114,500 |
| 2014 | $1,297 | $114,500 |
| 2013 | -- | $114,500 -18.9% |
| 2012 | -- | $141,100 |
| 2011 | -- | $141,100 |
| 2010 | -- | $141,100 -8.7% |
| 2009 | -- | $154,590 +17.7% |
| 2008 | -- | $131,356 +21.5% |
| 2007 | -- | $108,123 +27.4% |
| 2006 | -- | $84,890 +1.8% |
| 2005 | -- | $83,426 +1.8% |
| 2004 | -- | $81,963 +1.8% |
| 2003 | -- | $80,500 +0.4% |
| 2002 | -- | $80,206 +0.4% |
| 2001 | -- | $79,913 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 21660
Nearby schools
GreatSchools rating
- 5/10Ridgely Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 4/10Lockerman Middle SchoolGrades: 6-8Distance: 4.6 mi
- 4/10North Caroline High SchoolGrades: 9-12Distance: 3.2 mi
Schools provided by the listing agent
- District: Caroline County Public Schools
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Maryland
- Caroline County
- Ridgely
- 21660
- 506 Central Ave
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