12050 School St, Ridgely — tax account 0607016255
Apartments built in 1994, 32,512 ft² on 2.82 acres in Ridgely, Caroline County, assessed at $821,600; last transfer April 24, 2026 for $4,095,000.
From the State Department of Assessments and Taxation file as published by the Maryland Department of Planning (MD iMAP) — not the official record. Open the official SDAT record.
Account
| Tax account number | 0607016255 |
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| Map, grid, parcel | Map 22B Parcel 174 |
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| Location | 12050 School St, Ridgely MD 21660 |
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| Jurisdiction | Caroline County |
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Land
| Land use | Commercial (C) |
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| Zoning | R1 |
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| Acreage | 2.820 acres (122,839 ft²) |
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Structure
| Year built | 1994 |
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| Above-grade area | 32,512 ft² |
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| Style | HOUSING Multiple Residence |
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| Building type | HOUSING Multiple Residence |
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| Quality grade | 3 (on a scale of 1 to 9) |
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| Stories | 2 |
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| Units | 26 |
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Assessment — January 2025
| Land | $183,300 |
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| Improvements | $638,300 |
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| Total | $821,600 |
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Last transfer
| Date | April 24, 2026 |
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| Consideration | $4,095,000 |
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| Deed reference | liber 00248, folio 0032 |
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What this means
- Maryland reassesses each property every three years; increases are phased in over the following three years, and the Homestead Tax Credit caps the yearly increase on a principal residence.
- Assessed 305% above the median commercial account in Caroline County ($203,000, 648 accounts).
- The last transfer price is 398% above the current assessment.
Parcel point of the Maryland Department of Planning — not a survey.
Data: Maryland Department of Planning / SDAT, MD iMAP Parcel Points, retrieved November 1, 2026. Sources and freshness. No owner names or mailing addresses are published.
The report for account 0607016255
This page shows the assessment record. The report adds what lies around the property: FEMA flood zone, Critical Area designation, wetlands, contaminated land sites nearby and historic properties.
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