$90,000
SOLD NOV 8, 2019

1121 Colora Rd Colora, MD 21917

9 Beds
4 Baths
4,070 Sq Ft
0.31 Acres

Recently Sold

$22 Per Sq Ft

28% Below List Price

80 Days on Market

Highlights

  • Dual Staircase
  • Main Floor Bedroom
  • Corner Lot
  • Partially Wooded Lot
  • Farmhouse Style Home
  • No HOA

About This Home

As of May 2022

Live in one, rent out the rest! This Property is an income producing property - currently divided into 3 apartments, while the owner lives in one. This home is HUGE, and even has a full basement for ample storage for yourself and your tenants. Currently, 3 meters, one per unit. Property previously converted from 4 meters, but was consolidated for owner's interest. Property is also currently yielding $900 per month between the two leases, one ending July 31th, the other ending December 31st - could bring in more income considering owner rents to personal friends/family. Unit 101 (owner occupied) is a 3Bed/2Bath; Unit 102 ($300/month) is a 3Bed/1Bath; Unit 103 ($600/month) is a 2Bed/1Bath. All have their own kitchens and living spaces. Home is in overall great shape, could use some minor cosmetic updating, utilities all appear in exceptional functional order, and owner is motivated to move! Bring all offers to the table! Please contact agent for showing instructions due to 24-Hour Notice respecting the tenants.

Last Agent to Sell the Property

Joshua G.

Douglas Realty, LLC. Listed on: 07/08/2019

Douglas Realty, LLC.

Last Buyer's Agent

Anahi Clouthier

Patterson-Schwartz-Newark License #679060

Patterson-Schwartz-Newark

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,527

Year Built

  • Built in 1870

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 68x58x85x120x126
  • East Facing Home
  • Wood Fence
  • Stone Retaining Walls
  • Corner Lot
  • Partially Wooded Lot
  • Backs to Trees or Woods
  • Side Yard
  • Property is in below average condition
  • Property is zoned VR

Home Design

  • Farmhouse Style Home
  • Stone Foundation
  • Plaster Walls
  • Unfinished Walls
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding
  • Cast Iron Plumbing
  • Copper Plumbing
  • CPVC or PVC Pipes
  • Masonry

Interior Spaces

  • Property has 3 Levels
  • Dual Staircase
  • Beamed Ceilings
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Electric Fireplace
  • Sliding Windows
  • Window Screens
  • Double Door Entry
  • Family Room Off Kitchen
  • Living Room
  • Formal Dining Room
  • Open Floorplan
  • Den
  • Unfinished Basement
  • Walk-Up Access

Kitchen

  • Eat-In Country Kitchen
  • Electric Oven or Range
  • Built-In Range
  • Freezer
  • Kitchen Island

Flooring

  • Partially Carpeted
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on main level
  • Stacked Washer and Dryer

Home Security

  • Non-Monitored Security
  • Storm Windows
  • Storm Doors

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Driveway
  • On-Street Parking
  • Off-Street Parking

Accessible Home Design

  • More Than Two Accessible Exits
  • Level Entry For Accessibility

Outdoor Features

  • Patio
  • Porch

Schools

  • Bainbridge Elementary School
  • Perryville Middle School
  • Perryville High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Vented Exhaust Fan
  • 200+ Amp Service
  • Well
  • Electric Water Heater
  • Sewer Holding Tank

Community Details

  • No Home Owners Association
  • Colora Subdivision

Listing and Financial Details

  • Assessor Parcel Number 06-017924

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,527

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Farmhouse/National Folk
  • Accessibility Features: 2+ Access Exits, Level Entry - Main
  • Ownership: Fee Simple
  • Exclusions: Microwave
  • Historic: No
  • Home Warranty: No
  • Inclusions: Ceiling Fans, 1-Set Washer/Dryer OO-unit, Exhaust Fans, Existing W/W Carpeting, Freezer, Refrigerators (3), Satellite Dish, Storage Shed, Storm Doors, Storm Windows, Stove & Range, Water Filter, Water Softener
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • Federal Flood Zone: No
  • Year Built: 1870
  • Remarks Public: Live in one, rent out the rest! This Property is an income producing property - currently divided into 3 apartments, while the owner lives in one. This home is HUGE, and even has a full basement for ample storage for yourself and your tenants. Currently, 3 meters, one per unit. Property previously converted from 4 meters, but was consolidated for owner's interest. Property is also currently yielding $900 per month between the two leases, one ending July 31th, the other ending December 31st - could bring in more income considering owner rents to personal friends/family. Unit 101 (owner occupied) is a 3Bed/2Bath; Unit 102 ($300/month) is a 3Bed/1Bath; Unit 103 ($600/month) is a 2Bed/1Bath. All have their own kitchens and living spaces. Home is in overall great shape, could use some minor cosmetic updating, utilities all appear in exceptional functional order, and owner is motivated to move! Bring all offers to the table! Please contact agent for showing instructions due to 24-Hour Notice respecting the tenants.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Range, Exhaust Fan, Freezer, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked, Water Heater
  • Flooring Type: Carpet, Vinyl, Partially Carpeted, Ceramic Tile
  • Interior Amenities: Kitchen - Eat-In, Ceiling Fan(s), Combination Kitchen/Dining, Combination Dining/Living, Additional Stairway, Entry Level Bedroom, Family Room Off Kitchen, Formal/Separate Dining Room, Kitchen - Country, Kitchen - Island, Walk-In Closet(s)
  • Window Features: Storm, Screens, Sliding
  • Other Equipment: Negotiable
  • Fireplace Features: Electric
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Storm, Double Entry
  • Wall Ceiling Types: 9'+ Ceilings, Plaster Walls, Unfinished Walls, Dry Wall, Beamed Ceilings
  • Foundation Details: Stone
  • Levels Count: 3+
  • Room Count: 22
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Den, Basement, Bedroom 1, Laundry, Primary Bathroom, Full Bath
  • Basement: Yes
  • Basement Type: Unfinished, Walkout Stairs
  • Laundry Type: Main Floor
  • Total Sq Ft: 5426
  • Living Area Sq Ft: 4070
  • Price Per Sq Ft: 30.71
  • Above Grade Finished Sq Ft: 4070
  • Below Grade Sq Ft: 1356
  • Total Below Grade Sq Ft: 1356
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1121

Beds/Baths

  • Bedrooms: 9
  • Main Level Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 2.00
  • Upper Level 2 Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2
  • Upper Level 2 Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Cast Iron Plumbing, Copper Plumbing, Cpvc/Pvc, Frame, Masonry, Vinyl Siding
  • Exterior Features: Stone Retaining Walls
  • Road Surface Type: Paved
  • Roof: Asphalt
  • Spa: No
  • View: Street
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 4
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: On Street, Off Street, Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Non-Monitored
  • Sewer/Septic System: Holding Tank
  • Utilities: Electric Available
  • Water Source: Well
  • Municipal Trash: No

Condo/Co-op/Association

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

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • School District: CECIL COUNTY PUBLIC SCHOOLS
  • Elementary School: BAINBRIDGE
  • Middle School: PERRYVILLE
  • High School: PERRYVILLE
  • Elementary School Source: Listing Agent
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121139799812
  • School District Source: 3rd Party
  • Elementary School: BAINBRIDGE
  • High School: PERRYVILLE
  • Middle Or Junior School: PERRYVILLE

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Fencing: Wood
  • Land Use Code: 110
  • Lot Features: Backs To Trees, Partly Wooded, Sideyard(s)
  • Lot Size Acres: 0.31
  • Lot Dimensions: 68x58x85x120x126
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13504.00
  • Outdoor Living Structures: Patio(s), Porch(es)
  • Property Condition: Below Average
  • Soil Types: Rocky, Topsoilovrot
  • Year Assessed: 2019
  • Zoning: VR
  • Zoning Description: Residential
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4471654
  • Tax Annual Amount: 1527.00
  • Assessor Parcel Number: 06-017924
  • Tax Page Number: 00338
  • Tax Total Finished Sq Ft: 4070
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 11/08/2019

MLS Schools

  • School District Name: CECIL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 15, 2023
Sold by
Dans Md Blasting Llc
Bought by
Dan Md Properties Llc
Current Estimated Value
$352,557

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$362,500
Outstanding Balance
$354,708
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
-$2,151

Purchase Details

Listed on
Feb 3, 2022
Closed on
May 18, 2022
Sold by
S And M Associates Llc
Bought by
Dans Md Blasting Llc
Seller's Agent
Mike McGavisk
Empower Real Estate, LLC
Buyer's Agent
William Heath
Remax Vision
List Price
$315,000
Sold Price
$275,000
Premium/Discount to List
-$40,000
-12.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.10%
Original Mortgage
$220,000
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 2020
Sold by
Sexton Fred and Milloway Ross
Bought by
S And M Associates Llc

Purchase Details

Listed on
Jul 8, 2019
Closed on
Nov 8, 2019
Sold by
Moran Cheryl
Bought by
Teton Investments Llc
Seller's Agent
Joshua G.
Douglas Realty, LLC.
Buyer's Agent
Anahi Clouthier
Patterson-Schwartz-Newark
List Price
$125,000
Sold Price
$90,000
Premium/Discount to List
-$35,000
-28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.96%
Original Mortgage
$33,750
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 17, 2016
Sold by
Johnson Andy R and Johnson Angela
Bought by
Moran Cheryl and Goss Joseph D

Purchase Details

Closed on
Aug 11, 1999
Sold by
Crouch James L
Bought by
Johnson Andy R and Johnson Angela

Purchase Details

Closed on
May 8, 1997
Sold by
Reedy Ricky R
Bought by
Crouch James L

Purchase Details

Closed on
Apr 7, 1982
Sold by
Jenkins Frederick E and Jenkins Ida L
Bought by
Reedy Ricky R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,000
Interest Rate
16.95%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed -- Equitable Title
Deed $275,000 Stewart Title Guaranty Company
Deed -- Accommodation
Deed -- Accommodation
Deed $90,000 Kirsh Title Services Inc
Deed $80,000 Liberty Title Services Llc
Deed $70,000 --
Deed $80,000 --
Deed $40,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $362,500 New Conventional
Previous Owner $220,000 New Conventional
Previous Owner $33,750 Purchase Money Mortgage
Previous Owner $32,000 No Value Available
Closed -- No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2022 05/18/22 Sold $275,000 -12.7% $68 / Sq Ft
03/11/2022 03/11/22 Pending -- -- --
03/04/2022 03/04/22 For Sale $315,000 +14.5% $77 / Sq Ft
03/04/2022 03/04/22 Off Market $275,000 -- --
03/03/2022 03/03/22 Price Changed $315,000 0.0% $77 / Sq Ft
03/03/2022 03/03/22 For Sale $315,000 -3.1% $77 / Sq Ft
02/22/2022 02/22/22 Pending -- -- --
02/03/2022 02/03/22 For Sale $325,000 +261.1% $80 / Sq Ft
11/08/2019 11/08/19 Sold $90,000 -28.0% $22 / Sq Ft
09/26/2019 09/26/19 Pending -- -- --
07/08/2019 07/08/19 For Sale $125,000 -- $31 / 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
2024 $2,443 $217,767 $0 $0
2023 $2,089 $183,733 $0 $0
2022 $1,746 $149,700 $47,600 $102,100
2021 $1,701 $143,933 $0 $0
2020 $1,654 $138,167 $0 $0
2019 $1,527 $132,400 $47,600 $84,800
2018 $1,587 $132,400 $47,600 $84,800
2017 $1,584 $132,400 $0 $0
2016 $1,576 $138,100 $0 $0
2015 $1,576 $137,467 $0 $0
2014 $1,437 $136,833 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDCC165116

Bright MLS

APN: 06-017924