NOT LISTED FOR SALE

109 N Collins St Snow Hill, MD 21863

Estimated Value: $99,000 - $140,000

2 Beds
1 Bath
952 Sq Ft
$120/Sq Ft Est. Value

Last Sold June 26, 2018

Last sale price $41,500 $44 Per Sq Ft

Est. 174% increase in value since last sale

Current estimated payment $720/month

43 Days on Market

Highlights

  • Boat Ramp
  • Victorian Architecture
  • No HOA
  • Snow Hill Elementary School Rated A
  • Corner Lot
  • Enclosed Patio or Porch

About This Home

As of June 2018

Attention Investors!! This property currently generates $7,800 a year in rental income. You can generate a positive cash flow and tenant is willing to stay for an extended period. One Year AHS warranty included. This property can be purchased together with 104 N Collins creating even more income. Examine the analysis in documents.

Last Agent to Sell the Property

Bob Heim

ERA Martin Associates Listed on: 03/30/2018

ERA Martin Associates

Last Buyer's Agent

Bob Heim

ERA Martin Associates Listed on: 03/30/2018

ERA Martin Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $825

Year Built

  • Built in 1900

Lot Details

  • 3,795 Sq Ft Lot
  • Corner Lot
  • Cleared Lot
  • Property is zoned R-2, R2

Parking

  • Off-Street Parking

Home Design

  • Victorian Architecture
  • Block Foundation
  • Asphalt Roof
  • Asbestos

Interior Spaces

  • 952 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Insulated Windows
  • Window Screens
  • Living Room
  • Dining Room
  • Crawl Space
  • Storage In Attic
  • Electric Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Accessible Home Design

  • More Than Two Accessible Exits

Outdoor Features

  • Enclosed Patio or Porch
  • Storage Shed

Schools

  • Snow Hill Elementary And Middle School
  • Snow Hill High School

Utilities

  • Baseboard Heating
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 834
  • Assessor Parcel Number 02-018837

Community Details

Overview

  • No Home Owners Association

Recreation

  • Boat Ramp
  • Pier or Dock
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$825

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Victorian
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Federal Flood Insurance: Unknown
  • Historic: No
  • Home Warranty: Yes
  • New Construction: No
  • Storage: Attic
  • Story List: Upper 1
  • Year Built: 1900
  • Remarks Public: Attention Investors!! This property currently generates $7,800 a year in rental income. You can generate a positive cash flow and tenant is willing to stay for an extended period. One Year AHS warranty included. This property can be purchased together with 104 N Collins creating even more income. Examine the analysis in documents.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven/Range - Electric, Refrigerator
  • Interior Amenities: Ceiling Fan(s)
  • Window Features: Insulated, Screens
  • Foundation Details: Block, Crawl Space
  • Floors In Unit Count: 2
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Bedroom 2, Kitchen, Bedroom 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 952
  • Living Area Sq Ft: 952
  • Price Per Sq Ft: 47.27
  • Above Grade Finished Sq Ft: 952
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 109

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Storage Barn/Shed
  • Construction Materials: Asbestos
  • Construction Completed: No
  • Roof: Asphalt
  • 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: Electric
  • Heating Type: Baseboard, Electric
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Boat Ramp, Pier/Dock, Tot Lots/Playground
  • HOA: No

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • Elementary School: SNOW HILL
  • Middle School: SNOW HILL
  • High School: SNOW HILL
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138066543
  • School District Source: Listing Agent
  • Elementary School: SNOW HILL
  • High School: SNOW HILL
  • Middle Or Junior School: SNOW HILL

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Features: Cleared, Corner
  • Lot Size Acres: 0.09
  • Lot Dimensions: 35*124*34*123
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3795.00
  • Outdoor Living Structures: Enclosed
  • Year Assessed: 2017
  • Zoning: R-2
  • Zoning Description: R2
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5376424
  • Tax Annual Amount: 825.00
  • Assessor Parcel Number: 02-018837
  • Tax Lot: 834
  • Tax Total Finished Sq Ft: 952
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 06/26/2018

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2018
Closed on
Jun 26, 2018
Sold by
Pacana Reece Llc
Bought by
Gunther Gregory H
Seller's Agent
Bob Heim
ERA Martin Associates
Buyer's Agent
Bob Heim
ERA Martin Associates
List Price
$45,000
Sold Price
$41,500
Premium/Discount to List
-$3,500
-7.78%
Current Estimated Value
$113,845

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,345
Avg. Annual Appreciation
14.76%

Purchase Details

Closed on
Dec 13, 2016
Sold by
Pacana Joanne and Reece Nancy
Bought by
Pacana Reece Llc

Purchase Details

Closed on
Jun 4, 2002
Sold by
Bank One N A
Bought by
Pacana Joanne E and Reece Nancy J

Purchase Details

Closed on
Jul 6, 1988
Sold by
Jones Vernon C and Jones Jacqueline P
Bought by
Jones Edward Parker

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,431
Interest Rate
10.39%
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
Gunther Gregory H $41,500 Brennan Title Co
Pacana Reece Llc -- None Available
Pacana Joanne E $44,900 --
Bank One N A $28,541 --
Jones Edward Parker $24,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jones Edward Parker $25,431
Closed Bank One N A --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2018 06/26/18 Sold $41,500 -7.8% $44 / Sq Ft
05/12/2018 05/12/18 Pending -- -- --
03/30/2018 03/30/18 For Sale $45,000 -- $47 / 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 $1,250 $76,600 $36,500 $40,100
2024 $1,250 $66,300 $0 $0
2023 $1,056 $56,000 $0 $0
2022 $826 $45,700 $36,500 $9,200
2021 $830 $45,700 $36,500 $9,200
2020 $830 $45,700 $36,500 $9,200
2019 $911 $50,400 $36,500 $13,900
2018 $864 $48,033 $0 $0
2017 $782 $45,667 $0 $0
2016 -- $43,300 $0 $0
2015 $924 $43,300 $0 $0
2014 $924 $43,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001556224

Bright MLS

APN: 02-018837