NOT LISTED FOR SALE

105 E Wallace Ave North East, MD 21901

Estimated Value: $81,134 - $160,000

-- Bed
1 Bath
682 Sq Ft
$193/Sq Ft Est. Value

Last Sold October 15, 2015

Last sale price $90,000 $132 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $813/month

819 Days on Market

Highlights

  • Home fronts navigable water
  • 0.52 Acre Lot
  • 1 Fireplace
  • Water Access
  • Stream or River on Lot
  • No HOA

About This Home

As of October 2015

Attention Investors and those that are feeling handy. This property consist of 2 houses & several outbuildings in various degrees of repair. Public water & sewer. This is a bank owned foreclosure property and is being sold as-is. Walk to Main Street Antique Shops, Restaurants, etc... or to waterfront park & museum. Cash or Rehab loans only. Could make a Great Investment.

Last Agent to Sell the Property

Charles Roosa

Key Realty, Incorporated License #315171 Listed on: 06/26/2013

Last Buyer's Agent

Charles Roosa

Key Realty, Incorporated License #315171 Listed on: 06/26/2013

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 0.52 Acre Lot
  • Home fronts navigable water
  • Property is in below average condition

Parking

  • Off-Street Parking

Home Design

  • Stone Siding

Interior Spaces

  • 1 Fireplace
  • Basement
  • Connecting Stairway

Outdoor Features

  • Water Access
  • River Nearby
  • Stream or River on Lot
  • Waterfront Park
  • 2 Powered Boats Permitted
  • 2 Non-Powered Boats Permitted

Schools

  • North East Elementary And Middle School
  • North East High School

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 0805005728

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Basement: Yes
  • Basement Type: Connecting Stairway
  • Price Per Sq Ft: 197.95

Exterior Features

  • Construction Materials: Stone
  • Road Surface Type: Black Top
  • Water Access: Yes
  • Water Body Name: NORTH EAST RIVER
  • Water Body Type: River
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Heating Fuel: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: CECIL COUNTY PUBLIC SCHOOLS
  • Elementary School: NORTH EAST
  • Middle School: NORTH EAST
  • High School: NORTH EAST
  • School District Key: 121139799812
  • Elementary School: NORTH EAST
  • High School: NORTH EAST
  • Middle Or Junior School: NORTH EAST

Lot Info

  • Lot Size Acres: 0.52
  • Lot Size Area: 22651
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 22651.00
  • Property Condition: Below Average
  • Year Assessed: 2013
  • Zoning: R1

Rental Info

  • Vacation Rental: No

Multi Family

  • Dock Slip Conveyance: None Available
  • Mean Low Water Feet: 2
  • Metering: Electric Separate
  • Waterfront Features: Park

Tax Info

  • Assessor Parcel Number: 4460783
  • Tax Annual Amount: 6088.70
  • Assessor Parcel Number: 0805005728
  • Tax Total Finished Sq Ft: 682
  • Tax Year: 2013
  • Close Date: 10/15/2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2013
Closed on
Oct 15, 2015
Sold by
Novo Realty Llc
Bought by
Iwersen David
Seller's Agent
Charles Roosa
Key Realty, Incorporated
Buyer's Agent
Charles Roosa
Key Realty, Incorporated
List Price
$188,999
Sold Price
$90,000
Premium/Discount to List
-$98,999
-52.38%
Current Estimated Value
$131,534

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,534
Avg. Annual Appreciation
5.82%

Purchase Details

Closed on
Apr 14, 2015
Sold by
White Gary R
Bought by
Novo Realty Llc

Purchase Details

Closed on
Jul 31, 2012
Sold by
White House Llc
Bought by
Novo Realty Llc

Purchase Details

Closed on
Jul 28, 2005
Sold by
White Gary R
Bought by
White House Llc

Purchase Details

Closed on
Sep 13, 2000
Sold by
White Stanley M and White Beatrice N
Bought by
White Beatrice N and White Gary R
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Iwersen David $90,000 Attorney
Novo Realty Llc $4,500 None Available
Novo Realty Llc $38,900 Maryland Title Center Llc
White House Llc $355,000 None Available
White Beatrice N -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2015 10/15/15 Sold $90,000 -52.4% $132 / Sq Ft
09/23/2015 09/23/15 Pending -- -- --
06/26/2013 06/26/13 For Sale $188,999 -- $277 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,149 $30,500 $30,500 $0
2024 $1,124 $30,500 $30,500 $0
2023 $1,102 $30,500 $30,500 $0
2022 $763 $30,500 $30,500 $0
2021 $0 $30,500 $30,500 $0
2020 $922 $30,500 $30,500 $0
2019 $910 $30,500 $30,500 $0
2018 $898 $30,500 $30,500 $0
2017 $1,597 $73,900 $0 $0
2016 $1,464 $73,900 $0 $0
2015 $1,464 $73,900 $0 $0
2014 -- $73,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Charles Roosa

    Seller's Agent in 2015

    Charles Roosa

    Key Realty, Incorporated

    (410) 287-7241

    34 in this area

    67 Total Sales

    Charles Roosa
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Map

Source: Bright MLS

MLS Number: 1003590888

Bright MLS

APN: 05-005728

Maryland Cecil County North East 21901

105 E Wallace Ave, North East, MD

This home is located at 105 E Wallace Ave, North East, MD 21901 since 26 June 2013 and is currently estimated at $131,534, approximately $192 per square foot. This property was built in 1930. 105 E Wallace Ave is a home located in Cecil County with nearby schools including North East Elementary School, North East Middle School, and North East High School.

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