$1,500,000

316 Farm Rd Aberdeen, MD 21001

$10,000
Closing credit¹
3,708 sqft
0.6 acres
$405 / sqft
Multi-Family

Property details

About 316 Farm Rd

Dream big! Add a very nicely updated 3 unit income producing property to your portfolio. 3 units in total. Two upper units have 3 bed/2 full baths. Lower unit had 3 bed/2.5 baths. All units have been totally renovated. See the photos of the upgrades! All units are rented. Each unit has it's own storage area and each unit is separately metered for BGE and water. Subject to current leases. SALE PRICE INCLUDES THE ADJACENT LOT AND ARE SOLD TOGETHER. The lot has been initially approved to build up to 8 condo style townhomes - see attached site plan. Basement level has 1 unit and all systems for each unit as well as storage and an additional maintenance half bath if needed. 2-2 (total 4 car) car garage is currently set up to allow units A & B to use them, Unit C does not currently have access to the garage for storage or parking. Building is equipped with a fire sprinkler system.

Highlights

Home typeTriplex
HeatingHeat Pump
StatusActive
(ACTIVE)
CoolingCentral Air, Ceiling Fan(s)
Size3,708 sqft
BasementYes
Lot size0.58 Acres
Year built1968
ParkingGarage - Side Entry, Asphalt Driveway, Attached Garage,Driveway,Off Street
MLS #MDHR2041032
Garage4 spaces

Summary

  • MLS Number: MDHR2041032
  • MLS Name: BRIGHT
  • Office Name: EXIT Preferred Realty, LLC
  • Office Phone: (443) 866-2020
  • Office Email: info.exitpreferred@gmail.com
  • Listing Agent: Gregory Vurganov
  • Agent Phone: (443) 567-0176
  • Agent Email: greg@thevurganovgroup.com

IDX Information Deemed Reliable But Not Guaranteed. 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 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. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or 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.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/9/2025, 4:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

greek revival inspired property with brick siding, a shingled roof, a front yard, covered porch, and a chimney

$1,500,000

316 Farm Rd

$10,000

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Mar 15, 2021
Home Sold
$275,000
Sep 22, 1999
Home Sold
$320,000

Tax history

YearAssessmentProperty Tax
2024$395,500$3,471
2023$364,200$3,471
2022$364,200$3,654
2021$364,200$3,692
2020$367,200$3,678
2018$364,400$3,632
2017$363,000$3,618

History based on county public records data.

Nearby schools

7

Bakerfield Elementary School

Public District PK-5

0.6 mi

36 Baker St

4

Hall's Cross Roads Elementary School

Public District PK-5

1.1 mi

203 E Bel Air Ave

5

George D. Lisby Elementary School

Public District PK-5

1.4 mi

810 Edmund St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $104,981. Most Aberdeen, MD residents have annual incomes between $100k-200k. The majority of families are married, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

16%
<35k
31%
35k-100k
47%
100k-200k
6%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

28%
Single, No Kids
10%
Single, with Kids
37%
Married, No Kids
25%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
10%
12-17 yrs old
17%
18-34 yrs old
46%
35-64 yrs old
13%
65+ yrs old

What do the neighbors do for fun?

  • College FootballCollege Football
  • NASCARNASCAR
  • PGA/LPGAPGA/LPGA

Where do the neighbors shop?

  • Best BuyBest Buy
  • Dick's Sporting GoodsDick's Sporting Goods
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • Texas RoadhouseTexas Roadhouse
  • ArbysArbys
  • Cracker BarrelCracker Barrel

What do the neighbors drive?

  • RamRam
  • GMCGMC
  • LexusLexus

What do the neighbors listen to?

  • Contemporary ChristianContemporary Christian
  • Adult HitsAdult Hits
  • OldiesOldies
All data provided by Home Junction and Claritas

This home is located at 316 Farm Rd in Aberdeen, MD and zip code 21001. This 3,708 square foot home, which was built in 1968, sits on a 0.58 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since March 21, 2025 and is currently priced at $1,500,000.

Aberdeen, MD housing market in March 2025 saw over 7 listings sold above listed price, more than 4 sold at listed price and over 0 sold below. The number of homes for sale in Aberdeen, MD increased by 16.7% between February and March 2025. In March 2025 median list price was $335,000 and the average listing age was 41 days.

From Rocket Homes Real Estate and based on county public records data.

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