NOT LISTED FOR SALE

201 Main St Betterton, MD 21610

Studio
-- Bath
6,826 Sq Ft
0.6 Acres

Last Sold March 15, 2016

Last sale price $190,000 $28 Per Sq Ft

269 Days on Market

Highlights

  • Water Views
  • Fishing Allowed
  • Dual Staircase
  • Sandy Beach
  • Water Oriented
  • 4-minute walk to Betterton Beach Park

About This Home

As of March 2016

This property was bought as a shell, completely remodeled in 1998 into a 9 unit apartment building close to the Bay.No lead paint certificate. Coin operated laundry facilities on the premises. 1 handicapped accessible apartment. Ample parking area in rear. Street parking in front. Live in one apartment and rent the rest. Short walk to Betterton Beach

Last Agent to Sell the Property

Lisa Raffetto

(410) 778-0330 lisar@cbchesapeake.com Coldwell Banker Chesapeake Real Estate Company Listed on: 04/11/2015

Coldwell Banker Chesapeake Real Estate Company

Co-Listed By

Dick Barker

(410) 778-0330 dickbarker527@gmail.com Coldwell Banker Chesapeake Real Estate Company License #528925

Last Buyer's Agent

Phil Riordan

(410) 822-6272 mre@goeaston.net Meredith Fine Properties License #524789

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,698

Year Built

  • Built in 1920

Lot Details

  • 0.6 Acre Lot
  • Sandy Beach
  • Public Beach
  • Landscaped
  • Backs to Trees or Woods

Home Design

  • Slab Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • Main Floor Bedroom
  • Dual Staircase
  • Double Pane Windows
  • Window Treatments
  • Water Views
  • Stove

Basement

  • Walk-Out Basement
  • Partial Basement
  • Rear Basement Entry

Parking

  • Driveway
  • On-Street Parking
  • Off-Street Parking

Accessible Home Design

  • Level Entry For Accessibility

Outdoor Features

  • Water Oriented
  • Property near a bay
  • Personal Watercraft
  • Canoe or Kayak Water Access
  • Swimming Allowed
  • Deck
  • Porch

Schools

  • Kent County High School

Utilities

  • Cooling System Utilizes Bottled Gas
  • Window Unit Cooling System
  • Hot Water Baseboard Heater
  • 60 Gallon+ Bottled Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1503017869

Community Details

Overview

  • No Home Owners Association
  • 9 Units

Recreation

  • Fishing Allowed

Building Details

  • Income includes apartment rentals, laundry
  • Operating Expense $26,700
  • Net Operating Income $26,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,698

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Stove
  • Interior Amenities: Double/Dual Staircase, Entry Level Bedroom, Window Treatments
  • Window Features: Double Pane
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Slab
  • Basement: Yes
  • Basement Type: Outside Entrance, Rear Entrance, Walkout Level, Partial
  • Price Per Sq Ft: 29.15

Exterior Features

  • Construction Materials: Vinyl Siding
  • Roof: Asphalt
  • View: Water
  • View: Yes
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Personal Watercraft (PWC), Public Beach, Swimming Allowed
  • Water Access: No
  • Water Body Name: CHESAPEAKE BAY
  • Water Body Type: Bay
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Paved Driveway
  • Type Of Parking: Off Street, Driveway, On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Cooling: Yes
  • Heating Fuel: Bottled Gas/Propane
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: 60+ Gallon Tank, Bottled Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • Elementary School: CALL SCHOOL BOARD
  • High School: KENT COUNTY
  • Middle Or Junior School: CALL SCHOOL BOARD

Lot Info

  • Improvement Assessed Value: 184700.00
  • Land Assessed Value: 138400.00
  • Lot Features: Landscaping, Backs To Trees
  • Lot Size Acres: 0.60
  • Lot Size Area: 26136
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 26136.00
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Property Attached Yn: No
  • Zoning: R-3
  • In City Limits: Yes

Rental Info

  • Lease Term: 12 Months
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 7264244
  • Tax Annual Amount: 4697.87
  • Assessor Parcel Number: 1503017869
  • Tax Page Number: 0092
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014

Multi Family

  • Dock Slip Conveyance: None Available
  • Gross Income: 46680.00
  • Income Includes: Apartment Rentals, Laundry
  • Operating Expense: 26700.00
  • Vacancy Allowance Rate: 33.00
  • Waterfront Features: Sandy Beach

MLS Schools

  • School District Name: KENT COUNTY PUBLIC SCHOOLS
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Property History

Date Event Price List to Sale Price per Sq Ft
08/08/2023 08/08/23 For Rent $900 0.0% --
07/26/2023 07/26/23 Price Changed $900 -5.3% $1 / Sq Ft
07/24/2023 07/24/23 Price Changed $950 +5.6% $1 / Sq Ft
07/18/2023 07/18/23 For Rent $900 0.0% --
03/15/2016 03/15/16 Sold $190,000 -36.5% $28 / Sq Ft
01/05/2016 01/05/16 Pending -- -- --
04/11/2015 04/11/15 For Sale $299,000 -- $44 / Sq Ft
Source: Bright MLS

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 $4,375 $301,300 $138,400 $162,900
2024 $4,366 $300,700 $0 $0
2023 $4,358 $300,100 $0 $0
2022 $4,319 $299,500 $138,400 $161,100
2021 $4,349 $299,500 $138,400 $161,100
2020 $4,349 $299,500 $138,400 $161,100
2019 $4,632 $319,000 $138,400 $180,600
2018 $4,632 $319,000 $138,400 $180,600
2017 $4,638 $319,000 $0 $0
2016 -- $323,100 $0 $0
2015 $5,082 $323,100 $0 $0
2014 $5,082 $323,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000479169

Bright MLS

APN: 03-017869