NOT LISTED FOR SALE

1559 Principio Furnace Rd Perryville, MD 21903

Estimated Value: $299,000 - $380,000

3 Beds
2 Baths
1,258 Sq Ft
$266/Sq Ft Est. Value

Last Sold February 24, 2021

Last sale price $235,000 $187 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $1,852/month

31 Days on Market

Highlights

  • Rambler Architecture
  • Stainless Steel Appliances
  • Forced Air Heating and Cooling System
  • No HOA

About This Home

As of February 2021

WELCOME HOME TO 1559 PRINCIPIO FURNACE ROAD!!! THIS UPDATED 3 BEDROOM RANCHER FEATURES QUARTZ COUNTERS, BEAUTIFUL GOLD KITCHEN ACCENTS, MASTER SUITE, OPEN CONCEPT LAYOUT, LARGE OPEN KITCHEN ISLAND PERFECT FOR ENTERTAING, SEPARATE DINING AREA. SPACIOUS COVERED FRONT PORCH. LOCATED ON A LITTLE OVER 1/2 AN ACRE. LOCATED CLOSE PROXIMTY TO I-95 AND ROUTE 40. COME SEE THIS ONE BEFORE IT'S GONE!!

Last Agent to Sell the Property

Lois Alberti

Alberti Realty, LLC Listed on: 12/16/2020

Last Buyer's Agent

Matt Hinshaw

Five Star Real Estate License #5002650

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,570

Year Built

  • Built in 1953

Lot Details

  • 0.53 Acre Lot
  • Property is zoned ST

Parking

  • Driveway

Home Design

  • Rambler Architecture
  • Vinyl Siding

Interior Spaces

  • 1,258 Sq Ft Home
  • Property has 1 Level

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Back Up Electric Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank
  • Community Sewer or Septic

Community Details

  • No Home Owners Association
  • Perryville Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0807032994

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,570

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1953
  • Automatically Close On Close Date: No
  • Remarks Public: WELCOME HOME TO 1559 PRINCIPIO FURNACE ROAD!!! THIS UPDATED 3 BEDROOM RANCHER FEATURES QUARTZ COUNTERS, BEAUTIFUL GOLD KITCHEN ACCENTS, MASTER SUITE, OPEN CONCEPT LAYOUT, LARGE OPEN KITCHEN ISLAND PERFECT FOR ENTERTAING, SEPARATE DINING AREA. SPACIOUS COVERED FRONT PORCH. LOCATED ON A LITTLE OVER 1/2 AN ACRE. LOCATED CLOSE PROXIMTY TO I-95 AND ROUTE 40. COME SEE THIS ONE BEFORE IT'S GONE!!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1258
  • Living Area Sq Ft: 1258
  • Price Per Sq Ft: 182.75
  • Above Grade Finished Sq Ft: 1258
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1559

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • 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

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air, Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Community Septic Tank, Private Septic Tank
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: CECIL COUNTY PUBLIC SCHOOLS
  • School District Key: 121139799812
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 69600.00
  • Land Assessed Value: 61400.00
  • Land Use Code: 110
  • Lot Size Acres: 0.53
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 22930.00
  • Year Assessed: 2020
  • Zoning: ST
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4477004
  • Tax Annual Amount: 1570.00
  • Assessor Parcel Number: 0807032994
  • Tax Total Finished Sq Ft: 1258
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 02/24/2021

MLS Schools

  • School District Name: CECIL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2020
Closed on
Feb 24, 2021
Sold by
Edgevale Llc
Bought by
Ryman Kyle Reed
Seller's Agent
Lois Alberti
Alberti Realty, LLC
Buyer's Agent
Matt Hinshaw
Five Star Real Estate
List Price
$229,900
Sold Price
$235,000
Premium/Discount to List
$5,100
2.22%
Current Estimated Value
$318,536

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,536
Avg. Annual Appreciation
8.29%
Original Mortgage
$237,373
Outstanding Balance
$215,192
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$120,001

Purchase Details

Closed on
Nov 10, 2020
Sold by
Segraves Banner Cleveland
Bought by
Edgevale Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Listed on
May 31, 2015
Closed on
Apr 22, 2016
Sold by
Fannie Mae
Bought by
Segraves Banner Cleaveland
Seller's Agent
Aaron Butler
Real Estate Consultants
Buyer's Agent
Non Member Member
Metropolitan Regional Information Systems, Inc.
List Price
$57,900
Sold Price
$33,626
Premium/Discount to List
-$24,274
-41.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.05%

Purchase Details

Closed on
May 11, 2015
Sold by
Stout Samantha J and Stout Robert
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 17, 2007
Sold by
Stout John R and Stout Donna E
Bought by
Stout Robert and Switalski Samantha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,000
Interest Rate
9.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 18, 2006
Sold by
Stout John R and Stout Donna E
Bought by
Stout Robert and Switalski Samantha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,000
Interest Rate
9.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 12, 1982
Sold by
Frazier Jewel Iona
Bought by
Stout John R and Stout Donna E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,000
Interest Rate
17.19%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ryman Kyle Reed $235,000 Endeavor Title Llc
Edgevale Llc $53,000 Front Door Title Inc
Segraves Banner Cleaveland $33,626 Servicelink Llc
Federal National Mortgage Association $222,681 None Available
Stout Robert $177,000 --
Stout Robert $177,000 --
Stout John R $36,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ryman Kyle Reed $237,373
Previous Owner Edgevale Llc $100,000
Previous Owner Stout Samantha Jean $20,000
Previous Owner Stout Samantha J $193,975
Previous Owner Stout Robert $177,000
Previous Owner Stout Robert $177,000
Previous Owner Stout John R $31,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2021 02/24/21 Sold $235,000 +2.2% $187 / Sq Ft
01/16/2021 01/16/21 Pending -- -- --
01/07/2021 01/07/21 For Sale $229,900 0.0% $183 / Sq Ft
12/28/2020 12/28/20 Pending -- -- --
12/26/2020 12/26/20 Price Changed $229,900 -4.2% $183 / Sq Ft
12/16/2020 12/16/20 For Sale $239,900 +613.4% $191 / Sq Ft
04/22/2016 04/22/16 Sold $33,626 -41.9% $27 / Sq Ft
04/04/2016 04/04/16 Pending -- -- --
03/30/2016 03/30/16 For Sale $57,900 +72.2% $46 / Sq Ft
03/28/2016 03/28/16 Off Market $33,626 -- --
01/07/2016 01/07/16 Price Changed $57,900 -10.8% $46 / Sq Ft
12/03/2015 12/03/15 Price Changed $64,900 -7.2% $52 / Sq Ft
11/01/2015 11/01/15 Price Changed $69,900 -9.1% $56 / Sq Ft
10/16/2015 10/16/15 Price Changed $76,900 -8.3% $61 / Sq Ft
09/30/2015 09/30/15 Price Changed $83,900 -6.7% $67 / Sq Ft
09/02/2015 09/02/15 Price Changed $89,900 -10.0% $71 / Sq Ft
07/30/2015 07/30/15 Price Changed $99,900 -9.1% $79 / Sq Ft
07/07/2015 07/07/15 Price Changed $109,900 -7.6% $87 / Sq Ft
05/31/2015 05/31/15 For Sale $118,900 -- $95 / 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 $1,292 $173,633 $0 $0
2023 $886 $138,200 $61,400 $76,800
2022 $1,590 $135,800 $0 $0
2021 $1,581 $133,400 $0 $0
2020 $1,496 $131,000 $61,400 $69,600
2019 $1,496 $129,667 $0 $0
2018 $1,540 $128,333 $0 $0
2017 $1,452 $127,000 $0 $0
2016 $1,441 $126,133 $0 $0
2015 $1,441 $125,267 $0 $0
2014 -- $124,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDCC172628

Bright MLS

APN: 07-032994