203 E Main St Fruitland, MD 21826
5
Beds
2
Baths
2,480
Sq Ft
0.38
Acres
Highlights
- Colonial Architecture
- Main Floor Bedroom
- Porch
- Wooded Lot
- No HOA
- Crown Molding
About This Home
As of February 2024**Welcome to a Prime Investment Opportunity in the Heart of Fruitland, Maryland! This duplex is strategically located and caters to both seasoned investors and first-time homebuyers eager to offset their mortgage costs through rental income. The duplex comprises two units, with the first boasting a spacious 3-bedroom, 1-bathroom layout, while the second unit offers a cozy 2-bedroom, 1-bathroom space.
*Investors will find this property particularly enticing, offering the flexibility to maximize returns by renting out both units or residing in one while leasing the other. The potential for dual rental income adds a lucrative dimension to your investment strategy, making this duplex a wise addition to your portfolio.
*First-time homebuyers, envision owning a property where your mortgage is partially covered by the rental income from the second unit. This practical approach allows you to step into homeownership seamlessly while enjoying the financial benefits of real estate investment.
*Conveniently located in Fruitland, the duplex provides proximity to local amenities, schools, and parks. Its strategic location not only enhances its appeal to tenants but also positions it for long-term value appreciation as the community continues to grow.
*The duplex's unique configuration ensures broad tenant appeal, attracting families to the 3-bed unit and accommodating smaller households or professionals in the 2-bed unit. This diversity ensures a steady stream of rental revenue for savvy investors.
*What sets this property apart is its commitment to compliance and professional management. Rest assured, it comes with all the proper licenses and permits, offering you a worry-free investment. Currently professionally managed, this duplex provides a hands-off experience for investors, allowing you to enjoy the benefits of ownership without the day-to-day hassles.
*Fruitland's positive growth trajectory adds to the allure of this investment. As the community flourishes, so will the value of your property, providing a foundation for long-term financial stability.*
*Whether you're looking to diversify your investment portfolio or embark on homeownership with a savvy financial approach, this duplex offers an exceptional opportunity. Contact us today to schedule a viewing and explore the endless possibilities that await you in Fruitland, Maryland.
Last Agent to Sell the Property
HomeSource Pro Real Estate License #RB-0031372 Listed on: 11/15/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,400
Year Built
- Built in 1935
Lot Details
- 0.38 Acre Lot
- Cleared Lot
- Wooded Lot
- Property is in good condition
- Property is zoned R1C
Home Design
- Colonial Architecture
- Block Foundation
- Asphalt Roof
- Shingle Siding
Interior Spaces
- 2,480 Sq Ft Home
- Property has 2 Levels
- Crown Molding
- Ceiling Fan
- Insulated Windows
- Window Screens
- Basement
- Exterior Basement Entry
- Storm Doors
Bedrooms and Bathrooms
Parking
- Dirt Driveway
- Off-Street Parking
Outdoor Features
- Storage Shed
- Porch
Schools
- Parkside High School
Utilities
- Central Air
- Radiator
- Electric Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 9
- Assessor Parcel Number 2316021385
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 9, 2023
Closed on
Jan 6, 2023
Sold by
Ryt Rentals Llc
Bought by
Quantico Company Llc
Seller's Agent
datacorrect BrightMLS
Non Subscribing Office
Buyer's Agent
Joshua Mast
HomeSource Pro Real Estate
List Price
$195,000
Sold Price
$195,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,106
Avg. Annual Appreciation
4.26%
Purchase Details
Closed on
Feb 25, 2021
Sold by
Stephenson Stefani Pautz and Miller Stefani N
Bought by
Warner Charles
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,440
Interest Rate
2.73%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 31, 2009
Sold by
Miller Alfred R
Bought by
Miller Stefani N
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,500
Interest Rate
5.36%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 18, 2004
Sold by
Secretary Of Housing & Urban Devel
Bought by
Miller Alfred R and Miller Susan M
Purchase Details
Closed on
Nov 10, 2004
Sold by
Secretary Of Housing & Urban Devel
Bought by
Miller Alfred R and Miller Susan M
Purchase Details
Closed on
Jun 18, 2004
Sold by
Wooten Jennifer R
Bought by
Secretary Of Housing & Urban Devel
Purchase Details
Closed on
Sep 9, 1999
Sold by
Guthrie Edward L and Guthrie Marlene C
Bought by
Catlin Marlene
Purchase Details
Closed on
Oct 9, 1996
Sold by
Widdowson Arthur A and Widdowson Betty L
Bought by
Wooten Jennifer R
Purchase Details
Closed on
Mar 29, 1996
Sold by
Elliott Leroy D
Bought by
Widdowson Arthur A and Widdowson Betty L
Similar Homes in Fruitland, MD
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $325,000 | Lakeside Title | |
| Deed | $103,050 | Mid Atlanitc T&E Ins Co | |
| Deed | $78,000 | -- | |
| Deed | $72,000 | -- | |
| Deed | $72,000 | -- | |
| Deed | $67,900 | -- | |
| Deed | -- | -- | |
| Deed | $65,000 | -- | |
| Deed | $20,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $82,440 | New Conventional | |
| Previous Owner | $96,000 | New Conventional | |
| Previous Owner | $41,500 | New Conventional | |
| Closed | -- | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/23/2024 02/23/24 | Sold | $240,000 | 0.0% | $97 / Sq Ft |
| 02/23/2024 02/23/24 | Rented | $1,200 | -7.7% | -- |
| 02/09/2024 02/09/24 | Under Contract | -- | -- | -- |
| 02/09/2024 02/09/24 | Pending | -- | -- | -- |
| 02/03/2024 02/03/24 | For Rent | $1,300 | 0.0% | -- |
| 12/31/2023 12/31/23 | Off Market | $259,900 | -- | -- |
| 11/15/2023 11/15/23 | For Sale | $259,900 | +33.3% | $105 / Sq Ft |
| 01/09/2023 01/09/23 | For Sale | $195,000 | 0.0% | $79 / Sq Ft |
| 01/06/2023 01/06/23 | Sold | $195,000 | -- | $79 / Sq Ft |
| 01/06/2023 01/06/23 | Pending | -- | -- | -- |
Source: Bright MLS
Tax History Compared to Growth
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 | $767 | $80,000 | $22,000 | $58,000 |
| 2023 | $739 | $74,733 | $0 | $0 |
| 2022 | $708 | $69,467 | $0 | $0 |
| 2021 | $656 | $64,200 | $22,000 | $42,200 |
| 2020 | $1,078 | $61,400 | $0 | $0 |
| 2019 | $613 | $58,600 | $0 | $0 |
| 2018 | $515 | $55,800 | $22,000 | $33,800 |
| 2017 | $593 | $55,800 | $0 | $0 |
| 2016 | $631 | $55,800 | $0 | $0 |
| 2015 | $631 | $66,400 | $0 | $0 |
| 2014 | $631 | $66,400 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Joshua Mast
Seller's Agent in 2024
Joshua Mast
HomeSource Pro Real Estate
(443) 454-1470
6 in this area
95 Total Sales
-
datacorrect BrightMLS
d
Seller's Agent in 2023
datacorrect BrightMLS
Non Subscribing Office
Map
Source: Bright MLS
MLS Number: MDWC2011612
APN: 16-021385
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