NOT LISTED FOR SALE

106 S Main St Galena, MD 21635

Estimated Value: $242,000 - $365,000

7 Beds
3 Baths
2,302 Sq Ft
$128/Sq Ft Est. Value

Last Sold July 19, 2023

Last sale price $235,000 $102 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,691/month

4 Days on Market

Highlights

  • Farmhouse Style Home
  • No HOA
  • Forced Air Heating System

About This Home

As of July 2023

Income Producer! 3 Unit home on South Main Street in Galena! Home is currently divided into 3 separate units - Two, 2 bedroom, 1 bathroom units on First Floor; One, 3 bedroom, 1 bathroom unit on the Second Floor. All units have separate electric and propane gas meters. Each unit has a separate forced air furnace and individual hot water heaters and separate kitchens and private entrances. Home is in average condition and is fully habitable. Recently repainted exterior woodwork and front porch, vinyl siding. Large shaded backyard with plenty of off-street parking. Current occupants desire to stay. Property is sold AS-IS, but what a fabulous opportunity for the savvy investor!!

Last Agent to Sell the Property

John Carroll

(410) 708-0247 john@villageagents.com Village Real Estate Company LLC Listed on: 06/14/2023

Last Buyer's Agent

John Carroll

(410) 708-0247 john@villageagents.com Village Real Estate Company LLC Listed on: 06/14/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,988

Year Built

  • Built in 1900

Lot Details

  • 0.31 Acre Lot
  • Property is zoned R1

Home Design

  • Farmhouse Style Home
  • Brick Foundation
  • Stone Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,302 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

Basement

  • Interior Basement Entry
  • Dirt Floor

Parking

  • Driveway
  • On-Street Parking
  • Off-Street Parking

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Powered By Leased Propane
  • Bottled Gas Water Heater

Community Details

  • No Home Owners Association
  • Galena Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1501003429

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,988

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Farmhouse/National Folk
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Foundation Details: Stone, Brick/Mortar
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Interior Access, Dirt Floor
  • Total Sq Ft: 2302
  • Living Area Sq Ft: 2302
  • Price Per Sq Ft: 129.89
  • Above Grade Finished Sq Ft: 2302
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 7
  • Main Level Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • 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: Driveway, On Street, Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Propane - Leased
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Bottled Gas
  • 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 Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.31
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13500.00
  • Zoning: R1
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1988.00
  • Assessor Parcel Number: 1501003429
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: KENT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2023
Closed on
Jul 18, 2023
Sold by
Starkey Brennan K
Bought by
Sbs Galena Llc
Seller's Agent
John Carroll
Village Real Estate Company LLC
Buyer's Agent
John Carroll
Village Real Estate Company LLC
List Price
$299,000
Sold Price
$235,000
Premium/Discount to List
-$64,000
-21.4%
Views
21
Current Estimated Value
$294,294

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,294
Avg. Annual Appreciation
9.30%
Original Mortgage
$176,250
Outstanding Balance
$171,983
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$122,311

Purchase Details

Closed on
Dec 22, 2022
Sold by
Starkey Barbara B
Bought by
Starkey Brennan K and Starkey Christopher B

Purchase Details

Closed on
Aug 2, 2011
Sold by
Applegate Anthony E and Merenda Emily A
Bought by
Merenda Emily A

Purchase Details

Closed on
Oct 17, 1980
Sold by
Starkey Farms, Inc
Bought by
Starkey William K and Starkey Barbara B
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Sbs Galena Llc $235,000 None Listed On Document
Starkey Brennan K $160,000 --
Merenda Emily A -- None Available
Starkey William K $23,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sbs Galena Llc $176,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2023 07/19/23 Sold $235,000 -21.4% $102 / Sq Ft
06/18/2023 06/18/23 Pending -- -- --
06/14/2023 06/14/23 For Sale $299,000 -- $130 / 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 $1,959 $145,900 $83,100 $62,800
2024 $1,978 $145,900 $83,100 $62,800
2023 $1,988 $147,800 $83,100 $64,700
2022 $1,988 $146,233 $0 $0
2021 $1,959 $144,667 $0 $0
2020 $1,959 $143,100 $83,100 $60,000
2019 $1,962 $143,000 $0 $0
2018 $1,964 $142,900 $0 $0
2017 $1,962 $142,800 $0 $0
2016 -- $142,800 $0 $0
2015 $2,209 $142,800 $0 $0
2014 $2,209 $142,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • John Carroll

    Seller's Agent in 2023

    John Carroll

    Village Real Estate Company LLC

    (410) 708-0247

    94 Total Sales

    John Carroll
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Map

Source: Bright MLS

MLS Number: MDKE2002820

Bright MLS

APN: 01-003429

Maryland Kent County Galena 21635

106 S Main St, Galena, MD

Not Listed for Sale

Detached

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