NOT LISTED FOR SALE

201 Creamery Ln Centreville, MD 21617

Estimated Value: $308,000 - $387,000

-- Bed
2 Baths
1,895 Sq Ft
$189/Sq Ft Est. Value

Last Sold September 25, 2024

Last sale price $300,000 $158 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,192/month

97 Days on Market

About This Home

As of September 2024

Don’t miss this rare investment property within the historic town of Centreville! This property is ideally located steps away from the Millstream walking trail, the Centreville Wharf and park, and Doc’s Riverside Grill. So many opportunities with this property such as keeping this as a fully rented duplex, living in one unit and renting out the other, or restoring this beautiful farmhouse to a single-family home! This property has been professionally managed for the past two years. The downstairs unit is a 2-bedroom 1 bathroom apartment, and the upstairs unit is a 2-bedroom 1 bathroom with a third-floor bonus room! Owner only pays for Water/sewer/trash. Reach out to schedule your showing!

Last Agent to Sell the Property

Evan Phoenix

(410) 330-0997 evan@clarkcorealty.org Clark & Co Realty, LLC License #5002423 Listed on: 04/19/2024

Last Buyer's Agent

Carol Strasfeld

(301) 806-8871 carolstrasfeld@gmail.com Unrepresented Buyer Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,427

Year Built

  • Built in 1891

Lot Details

  • 8,000 Sq Ft Lot

Home Design

  • Duplex

Interior Spaces

  • 1,895 Sq Ft Home
  • Crawl Space

Parking

  • 3 Parking Spaces
  • 3 Off-Street Spaces
  • Driveway

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Heating System Powered By Leased Propane
  • 60+ Gallon Tank

Community Details

  • 2 Units

Listing and Financial Details

  • The owner pays for water, sewer, trash collection
  • Tax Lot 1
  • Assessor Parcel Number 1803008606

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,427

Year Built

Built in 1891

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2024-04-19
  • Year Built: 1891
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Crawl Space
  • Total Sq Ft: 1895
  • Living Area Sq Ft: 1895
  • Price Per Sq Ft: 179.37
  • Above Grade Finished Sq Ft: 1895
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Driveway, Off Street
  • Off Street Parking Spaces: 3

Utilities

  • Refuse: 185.40
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric, Propane - Leased
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: 60+ Gallon Tank
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.18
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8000.00
  • Zoning: R-2
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Long Term
  • Ground Rent Exists: No
  • Owner Pays: Water, Sewer, Trash Collection
  • Rent Control: No
  • Total Actual Rent: 34800.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3427.00
  • Assessor Parcel Number: 1803008606
  • Tax Lot: 1
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2024

Multi Family

  • Other Units: Unit 2

MLS Schools

  • School District Name: QUEEN ANNE'S COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 10, 2005
Sold by
Scott Willis Geoffrey
Bought by
Daly Joseph R and T/E Regina A Daly
Current Estimated Value
$357,378

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,110
Outstanding Balance
$82,587
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$274,791

Purchase Details

Closed on
Mar 29, 2000
Sold by
Roberts Cathy
Bought by
Kelbaugh Christopher C

Purchase Details

Closed on
Aug 12, 1996
Sold by
Larrimore Robert R and Larrimore Robert R Mary C
Bought by
Roberts Cathy
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Daly Joseph R $207,900 --
Kelbaugh Christopher C $97,000 --
Roberts Cathy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Daly Joseph R $187,110
Closed Kelbaugh Christopher C --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/25/2024 09/25/24 Sold $300,000 -11.7% $158 / Sq Ft
06/12/2024 06/12/24 Price Changed $339,900 -5.6% $179 / Sq Ft
04/30/2024 04/30/24 Price Changed $359,900 -5.3% $190 / Sq Ft
04/19/2024 04/19/24 For Sale $379,900 +40.7% $200 / Sq Ft
03/02/2022 03/02/22 Sold $270,000 -1.6% $142 / Sq Ft View Prior Sale
11/24/2021 11/24/21 For Sale $274,500 0.0% $145 / Sq Ft
12/24/2016 12/24/16 Rented $925 0.0% --
12/23/2016 12/23/16 Under Contract -- -- --
10/28/2016 10/28/16 For Rent $925 0.0% --
10/19/2015 10/19/15 Rented $925 0.0% --
10/19/2015 10/19/15 Under Contract -- -- --
09/17/2015 09/17/15 For Rent $925 -- --
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 $3,705 $275,033 $0 $0
2024 $3,541 $262,900 $110,700 $152,200
2023 $3,427 $254,400 $0 $0
2022 $3,312 $245,900 $0 $0
2021 $0 $237,400 $90,300 $147,100
2020 $2,817 $226,000 $0 $0
2019 $2,673 $214,600 $0 $0
2018 $2,772 $203,200 $90,300 $112,900
2017 $2,567 $202,967 $0 $0
2016 -- $202,733 $0 $0
2015 $2,965 $202,500 $0 $0
2014 $2,965 $202,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDQA2009274

Bright MLS

APN: 03-008606