$211,000 - $248,000
RENTED JUN 15, 2025

131 Riverwalk Terrace Federalsburg, MD 21632

3 Beds
2.5 Baths
1,440 Sq Ft
$157 Price per Sq Ft

Highlights

  • New Construction
  • Great Room
  • Storage Room
  • Colonial Architecture
  • Entrance Foyer
  • Central Air

About This Home

As of June 2025

Brand New 3 Bedroom 2.5 bath townhome in the heart of Federalsburg. The lower level is bright and spacious with a dining area, kitchen with stainless steel appliances and great room that leads to Deck overlooking the river. The upper levels features 3 bedrooms, 2 full baths and in unit washer and dryer. This Riverside community features nature trails along Marshyhope Creek and over the walking bridge into town, easy access to Chambers Park and a 3,000+ acre wildlife preservation area. Pets are case by case.Applicants must have minimal credit score of 625 and meet income requirements.

Last Agent to Rent the Property

Theresa Deminne

O'Brien Realty ERA Powered License #325848 Listed on: 12/05/2024

O'Brien Realty ERA Powered

Last Renter's Agent

John Macbryde

O'Brien Realty ERA Powered License #512890

O'Brien Realty ERA Powered

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,509

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 3,281 Sq Ft Lot
  • Property is in excellent condition

HOA Fees

  • $80 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,440 Sq Ft Home
  • Property has 2 Levels
  • Entrance Foyer
  • Great Room
  • Dining Room
  • Storage Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Schools

  • Federalsburg Elementary School
  • Colonel Richardson Middle School
  • Colonel Richardson High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Residential Lease
  • Security Deposit $2,250
  • Tenant pays for electricity, water, sewer, cable TV
  • No Smoking Allowed
  • 12-Month Lease Term
  • Available 12/16/24
  • Assessor Parcel Number 0605036933

Community Details

Overview

  • Riverwalk Terrace Subdivision

Pet Policy

  • No Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,509

Year Built

Built in 2024 | New Construction

Lot Details

0

HOA Fees

$80 per month

Rental Info

  • Date Available: 2024-12-16
  • Pets Allowed: No
  • Security Deposit: 2250.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Electricity, Water, Sewer, Cable Tv
  • Vacation Rental: No
  • Max Lease in Months: 12
  • Min Lease in Months: 12
  • Rent Spree Online Application: No

Listing Details

  • Property Type: Residential Lease
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Colonial
  • New Construction: Yes
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2024
  • Automatically Close On Close Date: No
  • Remarks Public: Brand New 3 Bedroom 2.5 bath townhome in the heart of Federalsburg. The lower level is bright and spacious with a dining area, kitchen with stainless steel appliances and great room that leads to Deck overlooking the river. The upper levels features 3 bedrooms, 2 full baths and in unit washer and dryer. This Riverside community features nature trails along Marshyhope Creek and over the walking bridge into town, easy access to Chambers Park and a 3,000+ acre wildlife preservation area. Pets are case by case. Applicants must have minimal credit score of 625 and meet income requirements.
  • Special Features: NewHome
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace: No
  • Foundation Details: Slab
  • Levels Count: 2
  • Room List: Dining Room, Bedroom 2, Bedroom 3, Kitchen, Foyer, Bedroom 1, Great Room, Storage Room, Full Bath, Half Bath
  • Basement: No
  • Total Sq Ft: 1440
  • Living Area Sq Ft: 1440
  • Price Per Sq Ft: 1.56
  • Above Grade Finished Sq Ft: 1440
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 131

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Construction Completed: Yes
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 80.00
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: CAROLINE COUNTY PUBLIC SCHOOLS
  • Elementary School: FEDERALSBURG
  • Middle School: COLONEL RICHARDSON
  • High School: COLONEL RICHARDSON
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121139029245
  • School District Source: Listing Agent
  • Elementary School: FEDERALSBURG
  • High School: COLONEL RICHARDSON
  • Middle Or Junior School: COLONEL RICHARDSON

Lot Info

  • Land Use Code: TH
  • Lot Size Acres: 0.08
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3281.00
  • Property Condition: Excellent
  • Zoning: R-3

Tax Info

  • Assessor Parcel Number: 0605036933
  • Tax Total Finished Sq Ft: 1440
  • Tax Data Updated: No
  • Close Date: 06/15/2025

MLS Schools

  • School District Name: CAROLINE COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2024
Sold by
Dr Horton Inc
Bought by
Dle Llc
Current Estimated Value
$225,658

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,992
Outstanding Balance
$172,934
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$57,301

Purchase Details

Closed on
Apr 4, 2024
Sold by
Springrauch Llc
Bought by
D R Horton Inc

Purchase Details

Closed on
Aug 9, 2013
Sold by
Riverwalk Terrace Llc
Bought by
Springrauch Llc
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
Dle Llc $231,990 Dhi Title Insurance Company
Dle Llc $231,990 Dhi Title Insurance Company
Dle Llc $231,990 Dhi Title Insurance Company
D R Horton Inc $150,000 None Listed On Document
Springrauch Llc $238,095 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dle Llc $173,992
Closed Dle Llc $173,992
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2025 06/15/25 Rented $2,250 0.0% --
05/22/2025 05/22/25 Under Contract -- -- --
05/06/2025 05/06/25 For Rent $2,250 0.0% --
05/05/2025 05/05/25 Off Market $2,250 -- --
03/05/2025 03/05/25 For Rent $2,250 0.0% --
03/05/2025 03/05/25 Off Market $2,250 -- --
12/05/2024 12/05/24 For Rent $2,250 -- --
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 $3,509 $214,033 $0 $0
2024 $3,509 $184,467 $0 $0
2023 $95 $5,000 $5,000 $0
2022 $95 $5,000 $5,000 $0
2021 $95 $5,000 $5,000 $0
2020 $95 $5,000 $5,000 $0
2019 $94 $5,000 $5,000 $0
2018 $94 $5,000 $5,000 $0
2017 $92 $5,000 $0 $0
2016 -- $5,000 $0 $0
2015 $383 $5,000 $0 $0
2014 $383 $15,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDCM2005112

Bright MLS

APN: 05-036933