$399,000
SOLD NOV 19, 2021

206 Oakley St Cambridge, MD 21613

-- Bed
-- Bath
3,208 Sq Ft
9,800 Sq Ft Lot

Recently Sold

$124 Per Sq Ft

6% Below List Price

165 Days on Market

Highlights

  • Traditional Floor Plan
  • Victorian Architecture
  • Stainless Steel Appliances
  • Wood Flooring
  • No HOA
  • Wrap Around Porch

About This Home

As of November 2021

An opportunity like this does not come along very often. Lovely 1915 Victorian multi-family home with a wraparound porch and 4 apartments in the Historic District - just 2 blocks from the water. Great Air B&B or year around rental options or live in one apartment and let the other three pay your mortgage. This home strikes the right balance between modern conveniences and historic charm. Large rooms with bay windows , original woodwork and high ceilings add to the spacious feel. The two first floor apartments (1 and 2 bedrooms) have new kitchens with upgraded appliances , cabinets, and granite countertops. Energy efficient mini splits provide a comfortable environment. On those nights with a chill in the air, the natural gas fireplace provides cozy warmth. Each apartment has one bath. The second floor 2 bedroom 1 bath could easily be 3 bedrooms by converting an adjacent storage room. Both bedrooms have bay windows, one with a window seat. Spacious kitchen and living/dining combination. The 3rd floor 1 bedroom 1 bath is the most charming with built in book cases and gabled nooks. French doors lead to the bedroom with walk-in closet. Second and third floors have window ac and hydronic baseboard heat. Coin operated laundry in basement. Tenants pay electric and gas. Positive cash flow. Updates include crawlspace encapsulation, rebuilt chimney, replaced roof sections and slate roof repair. Walking distance to Long Wharf/marina, Yacht Club and downtown.

Last Agent to Sell the Property

Sue Wyatt

Charles C. Powell, Inc. Realtors Listed on: 04/17/2021

Last Buyer's Agent

Aya Netanel

Netanel Real Estate LLC License #619923

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,059

Year Built

  • Built in 1915

Lot Details

  • 9,800 Sq Ft Lot
  • Property is in excellent condition

Parking

  • On-Street Parking

Home Design

  • Victorian Architecture
  • Architectural Shingle Roof
  • Slate Roof
  • Wood Siding

Interior Spaces

  • Walk-In Closet
  • 3,208 Sq Ft Home
  • Traditional Floor Plan
  • Crown Molding
  • Ceiling Fan
  • Window Treatments
  • Wood Flooring

Kitchen

  • Stove
  • <<builtInMicrowave>>
  • Stainless Steel Appliances
  • Disposal

Laundry

  • Electric Dryer
  • Washer

Basement

  • Partial Basement
  • Walk-Up Access
  • Exterior Basement Entry

Utilities

  • Ductless Heating Or Cooling System
  • Window Unit Cooling System
  • Electric Baseboard Heater
  • Natural Gas Water Heater
  • Municipal Trash
  • Cable TV Available

Additional Features

  • Level Entry For Accessibility
  • Wrap Around Porch

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 1007123167

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • West End Subdivision

Building Details

  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,059

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Architectural Style: Victorian
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1915
  • Automatically Close On Close Date: No
  • Remarks Public: An opportunity like this does not come along very often. Lovely 1915 Victorian multi-family home with a wraparound porch and 4 apartments in the Historic District - just 2 blocks from the water. Great Air B&B or year around rental options or live in one apartment and let the other three pay your mortgage. This home strikes the right balance between modern conveniences and historic charm. Large rooms with bay windows , original woodwork and high ceilings add to the spacious feel. The two first floor apartments (1 and 2 bedrooms) have new kitchens with upgraded appliances , cabinets, and granite countertops. Energy efficient mini splits provide a comfortable environment. On those nights with a chill in the air, the natural gas fireplace provides cozy warmth. Each apartment has one bath. The second floor 2 bedroom 1 bath could easily be 3 bedrooms by converting an adjacent storage room. Both bedrooms have bay windows, one with a window seat. Spacious kitchen and living/dining combination. The 3rd floor 1 bedroom 1 bath is the most charming with built in book cases and gabled nooks. French doors lead to the bedroom with walk-in closet. Second and third floors have window ac and hydronic baseboard heat. Coin operated laundry in basement. Tenants pay electric and gas. Positive cash flow. Updates include crawlspace encapsulation, rebuilt chimney, replaced roof sections and slate roof repair. Walking distance to Long Wharf/marina, Yacht Club and downtown.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Microwave, Dryer - Electric, Washer, Disposal, Refrigerator, Stainless Steel Appliances, Stove
  • Flooring Type: Hardwood
  • Interior Amenities: Ceiling Fan(s), Floor Plan - Traditional, Window Treatments, Wood Floors, Walk-In Closet(s), Crown Moldings
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Partial, Outside Entrance, Walkout Stairs
  • Total Sq Ft: 3208
  • Living Area Sq Ft: 3208
  • Price Per Sq Ft: 124.38
  • Above Grade Finished Sq Ft: 3208
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 206

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Wood Siding
  • Exterior Features: Sidewalks
  • Roof: Architectural Shingle, Slate
  • Spa: No
  • 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: No
  • Cooling Fuel: Electric
  • Cooling Type: Ductless/Mini-Split, Window Unit(s)
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Natural Gas, Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Natural Gas Available, Cable Tv, Sewer Available, Water Available
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: DORCHESTER COUNTY PUBLIC SCHOOLS
  • School District Key: 121139665361
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 159900.00
  • Land Assessed Value: 26500.00
  • Land Use Code: 110
  • Lot Size Acres: 0.22
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9800.00
  • Outdoor Living Structures: Porch(es), Wrap Around
  • Property Condition: Excellent
  • Year Assessed: 2021
  • Zoning: R-3
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5309272
  • Tax Annual Amount: 3059.00
  • Assessor Parcel Number: 1007123167
  • Tax Lot: 9
  • Tax Total Finished Sq Ft: 3208
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 11/19/2021

Multi Family

  • Number Of Units Vacant: 1

MLS Schools

  • School District Name: DORCHESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2021
Closed on
Nov 19, 2021
Sold by
Stratford Donna Christian and Quaider Jacob Walter
Bought by
Nawrocki Heather M and Nawrocki Troy Seth
Seller's Agent
Sue Wyatt
Charles C. Powell, Inc. Realtors
Buyer's Agent
Aya Netanel
Netanel Real Estate LLC
List Price
$425,000
Sold Price
$399,000
Premium/Discount to List
-$26,000
-6.12%
Current Estimated Value
$522,070

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,070
Avg. Annual Appreciation
7.64%
Original Mortgage
$299,250
Outstanding Balance
$277,974
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$244,096

Purchase Details

Listed on
Mar 10, 2017
Closed on
Jun 23, 2017
Sold by
Daley Linda J
Bought by
Stratford Donna Christian and Quaider Jacob Walter
Seller's Agent
Valerie Brown
Charles C. Powell, Inc. Realtors
Buyer's Agent
Sue Wyatt
Charles C. Powell, Inc. Realtors
List Price
$190,000
Sold Price
$175,000
Premium/Discount to List
-$15,000
-7.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.55%
Original Mortgage
$180,775
Interest Rate
4.05%
Mortgage Type
VA

Purchase Details

Closed on
Aug 24, 1992
Sold by
Nielsen Eric and Nielsen Jacqueline
Bought by
Daley Linda J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
7.87%

Purchase Details

Closed on
Sep 30, 1985
Sold by
Walker Ida Mae
Bought by
Nielsen Eric and Nielsen Jacqueline
Source: Public Records

Similar Home in Cambridge, MD

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    Valerie Brown Charles C. Powell, Inc. Realtors

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $399,000 Prestige Title & Escrow Llc
Deed $175,000 Cambridge Title Co
Deed $87,000 --
Deed $54,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $299,250 New Conventional
Closed $299,250 New Conventional
Previous Owner $180,775 VA
Previous Owner $78,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2021 11/19/21 Sold $399,000 0.0% $124 / Sq Ft
09/29/2021 09/29/21 Pending -- -- --
05/23/2021 05/23/21 Price Changed $399,000 -6.1% $124 / Sq Ft
04/17/2021 04/17/21 For Sale $425,000 +142.9% $132 / Sq Ft
06/23/2017 06/23/17 Sold $175,000 -7.9% $55 / Sq Ft
04/15/2017 04/15/17 Pending -- -- --
03/10/2017 03/10/17 For Sale $190,000 -- $59 / 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 $4,593 $310,600 $0 $0
2023 $4,593 $248,500 $0 $0
2022 $13,781 $186,400 $26,500 $159,900
2021 $3,257 $174,300 $0 $0
2020 $3,059 $162,200 $0 $0
2019 $2,862 $150,100 $26,500 $123,600
2018 $2,695 $144,967 $0 $0
2017 $2,475 $139,833 $0 $0
2016 -- $134,700 $0 $0
2015 -- $134,700 $0 $0
2014 -- $134,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDDO127214

Bright MLS

APN: 07-123167