NOT LISTED FOR SALE

105 S University Ave Federalsburg, MD 21632

Estimated Value: $143,000 - $198,000

3 Beds
1 Bath
1,056 Sq Ft
$159/Sq Ft Est. Value

Last Sold August 10, 2018

Last sale price $59,500 $56 Per Sq Ft

Est. 188% increase in value since last sale

Current estimated payment $939/month

162 Days on Market

Highlights

  • Traditional Floor Plan
  • Cottage
  • Shed
  • No HOA
  • Living Room
  • Forced Air Heating System

About This Home

As of August 2018

Cute three two bedroom cottage with two bonus rooms upstairs. Includes a glassed in front porch , two bedrooms downstairs . Just painted inside . Gas heat . DEEP lot. Includes one bay garage/shed. Replacement vinyl windows throughout house. Good starter home or investment property. Successful rental property in the past.

Last Agent to Sell the Property

Jeff Wright

Wright Real Estate Listed on: 01/03/2018

Last Buyer's Agent

Barton Johnson/not int

Marshy Hope Realty LLC License #23775

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,286

Year Built

  • Built in 1925

Lot Details

  • 0.29 Acre Lot
  • Property is zoned R1

Parking

  • Off-Street Parking

Home Design

  • Cottage
  • Shingle Roof
  • Asbestos

Interior Spaces

  • Property has 2 Levels
  • Traditional Floor Plan
  • Insulated Windows
  • Living Room
  • Combination Kitchen and Dining Room
  • Electric Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Shed

Utilities

  • Cooling System Utilizes Bottled Gas
  • Forced Air Heating System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Federalsburg Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0605023009

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,286

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1925
  • Remarks Public: Cute three two bedroom cottage with two bonus rooms upstairs. Includes a glassed in front porch , two bedrooms downstairs . Just painted inside . Gas heat . DEEP lot. Includes one bay garage/shed. Replacement vinyl windows throughout house. Good starter home or investment property. Successful rental property in the past.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven/Range - Electric, Refrigerator
  • Interior Amenities: Combination Kitchen/Dining, Floor Plan - Traditional
  • Window Features: Insulated
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Entry Location: Living Room
  • Levels Count: 2
  • Room List: Living Room, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1
  • Basement: No
  • Living Area Units: Square Feet
  • Street Number Modifier: 105

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Shed
  • Other Structures List: Shed
  • Construction Materials: Asbestos
  • Pool Private: No
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Bottled Gas/Propane
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: CAROLINE COUNTY PUBLIC SCHOOLS
  • School District Key: 121139029245

Lot Info

  • Improvement Assessed Value: 52400.00
  • Land Assessed Value: 17800.00
  • Lot Size Acres: 0.29
  • Lot Size Area: 12500
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12500.00
  • Property Attached Yn: No
  • Year Assessed: 2017
  • Zoning: R1
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4492948
  • Tax Annual Amount: 1286.06
  • Assessor Parcel Number: 0605023009
  • Tax Page Number: 927
  • Tax Total Finished Sq Ft: 1056
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 08/10/2018

MLS Schools

  • School District Name: CAROLINE COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2018
Closed on
Aug 10, 2018
Sold by
Cook Ralph E and Cook Alison R
Bought by
Schmidt Ralph W
Seller's Agent
Jeff Wright
Wright Real Estate
Buyer's Agent
Barton Johnson/not int
Marshy Hope Realty LLC
List Price
$67,500
Sold Price
$59,500
Premium/Discount to List
-$8,000
-11.85%
Current Estimated Value
$171,411

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,911
Avg. Annual Appreciation
16.00%
Original Mortgage
$59,500
Interest Rate
4.5%
Mortgage Type
VA
Source: Public Records

Range of Values:

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Average Value
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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
Schmidt Ralph W $59,500 Evans Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schmidt Ralph W $175,000
Closed Schmidt Ralph W $85,063
Closed Schmidt Ralph W $60,160
Closed Schmidt Ralph W $59,340
Closed Schmidt Ralph W $59,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2018 08/10/18 Sold $59,500 0.0% $56 / Sq Ft
06/14/2018 06/14/18 Pending -- -- --
05/13/2018 05/13/18 Price Changed $59,500 -11.9% $56 / Sq Ft
01/03/2018 01/03/18 For Sale $67,500 -- $64 / 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 -- $87,000 $0 $0
2024 -- $73,900 $0 $0
2023 $0 $60,800 $17,800 $43,000
2022 $1,150 $60,800 $17,800 $43,000
2021 $0 $60,800 $17,800 $43,000
2020 $0 $68,500 $17,800 $50,700
2019 $0 $68,500 $17,800 $50,700
2018 $769 $68,500 $17,800 $50,700
2017 $1,286 $70,200 $0 $0
2016 -- $70,200 $0 $0
2015 -- $70,200 $0 $0
2014 $1,707 $90,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004393113

Bright MLS

APN: 05-023009