OFF MARKET

Off market nov 2022 for $450K

$482,252

•

1,224

sq ft

1224 Old Madison Rd, Madison, MD 21648

About this home

A great location with endless opportunities. Raised three bedroom and 2.5 bath home on Madison Bay. Stunning views of Madison Bay are easily enjoyed from the 2nd floor windows. The backyard and side yard are spacious. There is a small private beach connected to the backyard. Also included is a 1226 Old Madison rd which is a commercial property. It can be renovated into a new business opportunity our be used as a waterside hangout for friends and family. The commercial property contains a marina, showcasing a large pier with 15 + Boats slips, an office, and outbuildings. Property also includes above ground fuel tanks. Commercial property Sold As Is.

Single-familyProperty Type

2009Year Built

0.55 acresLot Size

$394Est. Price/Sq.Ft.

2 car garageParking

Listed by Dennis Covey • Compass

•410-429-7425 (broker)

Bought with Sharon Spedden • Sharon Real Estate P.C.

•410-228-2525 (broker)

Redfin checked: a minute ago

•Source:BRIGHT MLS #MDDO2001668

Redfin Estimate

$482,252

$32K since sold in November 2022$7,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 43.9% higher than the average sale price ($335K) of 6 comparable homes.

SOLD SEP 1, 2026
$287,500
A
3 beds2 baths1,272 sq ft
131 Mariners Way, Cambridge, MD 21613
SOLD SEP 21, 2026
$340,000
B
2 beds2 baths1,460 sq ft
5453 Casson Neck Rd, Cambridge, MD 21613
SOLD SEP 3, 2026
$250,000
C
3 beds2 baths1,456 sq ft
1110 High St, Cambridge, MD 21613
SOLD BY REDFIN SEP 22, 2026
$275,000
D
2 beds2 baths1,008 sq ft
1250 Old Madison Rd, Madison, MD 21648
SOLD JUN 16, 2026
$490,000
E
3 beds2 baths1,341 sq ft
1240 Hudson Rd, Cambridge, MD 21613
SOLD AUG 4, 2026
$367,900
F
3 beds2.5 baths2,183 sq ft
1604 Winters Ct, Cambridge, MD 21613

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Earn from this home

Rent

$2,557/mo

Redfin rental estimate

List your home for rent

Market trends in 21648, MD

Last updated September 2026

Sale-to-List Price

92.8%

+1.3% MoM

Median sale price

$218K

$26K MoM

Avg. days on market

138d

13 days MoM

Recently sold homes

1 MoM

Provided by Redfin

Sale history for 1224 Old Madison Rd

Date

Event

Price

BRIGHT MLS #MDDO2001668

Nov 30, 2022

Sold

$450,000

$368/sq ft

Nov 9, 2022

Pending

—

Jul 23, 2022

Contingent

—

Apr 4, 2022

Price Changed

$489,500

$400/sq ft

Feb 4, 2022

Listed

$499,500

$408/sq ft

Public Records

May 22, 2019

Sold

$349,000

$285/sq ft

BRIGHT MLS #1001126594

Apr 30, 2019

Listing Removed

—

Mar 18, 2019

Contingent

—

Mar 5, 2019

Price Changed

$349,000

$285/sq ft

Aug 17, 2018

Price Changed

$399,000

$326/sq ft

Jun 24, 2018

Price Changed

$425,000

$347/sq ft

May 11, 2018

Listed

$449,000

$367/sq ft

BRIGHT MLS #1000100427

Dec 1, 2017

Listing Removed

—

Mar 3, 2017

Listed

$475,000

$388/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$3,466 (+23.7%)

$93,600 + $230,500

$324,100

2023

$2,802

2022

$2,800

$93,600 + $153,000

$246,600

2021

$2,797

2020

$2,794

2019

$2,794

$99,300 + $146,600

$245,900

2018

$2,794 (−7.6%)

$99,300 + $146,600

$245,900

2017

$3,025 (−1.7%)

$124,300 + $148,700

$273,000

2015

$3,078

2014

$3,078

$124,000 + $153,400

$277,400

2013

$3,078 (−15.9%)

2012

$3,662 (+11.7%)

2011

$3,280 (+121.7%)

2010

$1,479

2009

$1,479

Tax history for 1224 Old Madison Rd

Year

Property tax

Land + Additions

Assessment*

2025

$3,466 (+23.7%)

$93,600 + $230,500

$324,100

2023

$2,802

2022

$2,800

$93,600 + $153,000

$246,600

2021

$2,797

2020

$2,794

2019

$2,794

$99,300 + $146,600

$245,900

2018

$2,794 (−7.6%)

$99,300 + $146,600

$245,900

2017

$3,025 (−1.7%)

$124,300 + $148,700

$273,000

2015

$3,078

2014

$3,078

$124,000 + $153,400

$277,400

2013

$3,078 (−15.9%)

2012

$3,662 (+11.7%)

2011

$3,280 (+121.7%)

2010

$1,479

2009

$1,479

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

—

Baths

2.5

Stories

2.5

Lot width

—

Lot depth

—

Lot size

0.55 Acres

Year renovated

—

Sq. Ft.

1,224

Year built

2009

Style

Single Family Residential

County

Dorchester County

APN

16 002895

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 17, 2026.

Village District

The Village District is established to encourage the growth and development of villages in the county's rural areas, strengthen villages as community centers and protect their historic and cultural resources. The V District allows for a mix of residential, commercial and maritime/agricultural service uses at medium to high residential density and at low to moderate nonresidential intensity.

Permitted uses

Include but are not limited to:

Livestock production
Housing-Single unit
Housing-Student
Bed & breakfast
Public service
Recreation
Communications tower
Agriculture-Cropland
Park & open space
Timberland

Property details

Parking

Parking Information
# of Attached Garage Spaces: 2
Garage Features: Basement Garage, Garage - Rear Entry, Garage Door Opener
# of Total Garage and Parking Spaces: 2
Has Garage
# of Garage Spaces: 2
Gravel Driveway, Under Home Parking
Driveway, Attached Garage, Off Street

Interior

Bedroom Information
# of Bedrooms On 1st Upper Level: 2
# of Bedrooms On Main Level: 1

Bathroom Information
# of Bathrooms (Full) On 1st Upper Level: 1
# of Bathrooms (Full) On Main Level: 1
# of Bathrooms (Half) On 1st Lower Level: 1
# of Bathrooms (Full) On All Upper Levels: 1
# of Bathrooms (Half) On All Lower Levels: 1
# of Bathrooms (Half): 1
# of Bathrooms (Full): 2

Interior Information
Appliances: Washer/Dryer Hookups Only, Oven/Range - Electric
Interior Features: Combination Kitchen/Dining, Combination Dining/Living, Upgraded Countertops, Master Bath(s), Window Treatments, Floor Plan - Open
Living Area Sq.Ft. Source: Assessor

Basement Information
Basement: Yes
Front Entrance, Side Entrance, Rear Entrance, Outside Entrance

Exterior

Property Information
Federal Flood Zone
Total Below Grade Sq. Ft.: 0
Improvement Assessed Value: $153,000
Ownership Interest: Fee Simple
Year Built Source: Assessor

Building Information
Construction Materials: Vinyl Siding
Foundation Details: Concrete Perimeter
Other Structures: Above Grade, Below Grade
Outdoor Living Structures: Deck(s)
Roof: Shingle
Structure Type: Detached

Lot Information
Navigable Water
Has Water View
Water Frontage In Feet: 100

Land Information
Land Assessed Value: $93,600

Dock Information
Dock Type and Features: Pier, Multiple Slip
Dock/Slip Conveyance: Physical Dock/Slip Conveys
# of Boats Power: 6
# of Boats Non-power: 6
# of Docks: 3
Dock/Slip Conveys: Yes

Above Grade Information
Finished Sq.Ft.: 1,224
Finished Sq.Ft. Source: Assessor

Below Grade Information
Unfinished Sq.Ft. Source: Assessor
Finished Sq.Ft. Source: Assessor

Financial

Tax Information
County Tax: $2,737
Tax Assessed Value: $246,367
Tax Year: 2022
Tax Annual Amount: $2,737

Assessments Information
Year Assessed: 2022

Utilities

Utilities Information
Cooling Type: Heat Pump(s)
Cooling Fuel: Electric
Heat Pump(s)
Heating Fuel: Electric, Other
Hot Water: Instant Hot Water
Sewer Septic: Public Sewer
Water Source: Well

Location

School Information
School District Name: DORCHESTER COUNTY PUBLIC SCHOOLS
School District Source: Listing Agent

Location Information
Outside City Limits
Directions: Taylors Island road west and right on old Madison rd. Sign posted
Mean Low Water Feet: 4
Municipality: Madison

Waterfrontage Information
Water Access
Private Dock Site
On Waterfront
Water Oriented
Water Body Type: Bay
Water Body Name: MADISON BAY

Public facts

Beds: —
Baths: 2.5
Sq. Ft.: 1,224
Stories: 2.5
Lot Size: 0.55 acres
Style: Single Family Residential
Year Built: 2009
Year Renovated: —
County: Dorchester County
APN: 16 002895

Home facts updated by county records on Jul 17, 2026

Around this home

Schools

South Dorchester School

Public PreK-8 • Assigned • 8.0mi

8/10

Cambridge-South Dorchester High School

Public 9-12 • Assigned • 7.5mi

2/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

9/10 Flood Factor

Estimated 80%+ chance of a flood reaching the building in the next 30 years

3/10 Fire Factor

0.31% chance of being in a wildfire in next 30 years

9/10 Heat Factor

7 days above 104° expected this year, 16 days in 30 years

8/10 Wind Factor

80% chance of strong winds in next 30 years

4/10 Air Factor

4 unhealthy days expected this year, 5 days in 30 years

Provided by First Street

Historical weather

Madison, MD • 21648

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.4 hours in June and 4.9 hours in December, which is comparable to the U.S. average for solar exposure.

9.4 hrs

4.9 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$459,000 – $555,000

Sell confidently with a local market expert in Madison. 3 minutes to get started.

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Home values near 1224 Old Madison Rd

Data from public records.

Address	Redfin Estimate
1243 Old Madison Road, Madison, MD 5 Beds \| 3 Baths \| 3049 Sq. Ft.	$577,983
1230 Old Madison Road, Madison, MD - Beds \| 1 Baths \| 432 Sq. Ft.	$210,176

Address	Redfin Estimate
1232 Old Madison Road, Madison, MD 2 Beds \| 1 Baths \| 1860 Sq. Ft.	$321,152
1222 Old Madison Road, Madison, MD - Beds \| 1 Baths \| 1222 Sq. Ft.	$200,652

Address	Redfin Estimate
1242 Old Madison Road, Madison, MD 3 Beds \| 2 Baths \| 1680 Sq. Ft.	$353,572
1221 Old Madison Road, Madison, MD 5 Beds \| 2 Baths \| 2580 Sq. Ft.	$362,882

Property information provided by BRIGHT MLS when last listed in 2022. This data may not match . Learn more.

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About this home

Redfin Estimate

Earn from this home

Market trends in 21648, MD

Sale history for 1224 Old Madison Rd

Tax history for 1224 Old Madison Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

Home values near 1224 Old Madison Rd

More real estate resources