NOT LISTED FOR SALE

217 227 N 3rd St Denton, MD 21629

-- Bed
-- Bath
7,112 Sq Ft
1.02 Acres

Last Sold March 30, 2017

Last sale price $425,000 $60 Per Sq Ft

13 Days on Market

Highlights

  • Water Views
  • Water Access
  • No HOA
  • Home fronts navigable water
  • Stream or River on Lot
  • Physical Dock Slip Conveys

About This Home

As of March 2017

Waterfront (Choptank River) 14 unit block construction, two bedroom units. LEAD FREE Certificate on entire complex. Tenants pay ALL utilities, including gas, electric, water/sewer and cut grass. Rare opportunity to own a larger complex well below the $724,500 assessment ! Two properties,tax amount not right. Includes 217-227 N.Third. Over $ 90,000 gross income per year.

Last Agent to Sell the Property

Jeff Wright

Wright Real Estate Listed on: 01/17/2017

Last Buyer's Agent

Mark Higgins

Benson & Mangold, LLC

Benson & Mangold, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,708

Year Built

  • Built in 1960

Lot Details

  • 1.02 Acre Lot
  • Home fronts navigable water

Home Design

  • Asphalt Roof

Interior Spaces

  • Insulated Windows
  • Water Views
  • Gas Oven or Range

Parking

  • Garage
  • Front Facing Garage
  • Surface Parking

Outdoor Features

  • Water Access
  • River Nearby
  • Subject To Department Of Natural Resources Permit
  • Physical Dock Slip Conveys
  • Stream or River on Lot

Schools

  • Denton Elementary School
  • Lockerman Middle School
  • North Caroline High School

Utilities

  • Cooling System Utilizes Bottled Gas
  • Wall Furnace
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 14 Units

Listing and Financial Details

  • The owner pays for management, insurance, real estate taxes
  • Assessor Parcel Number 0603020495

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,708

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1960
  • Remarks Public: Waterfront (Choptank River) 14 unit block construction, two bedroom units. LEAD FREE Certificate on entire complex. Tenants pay ALL utilities, including gas, electric, water/sewer and cut grass. Rare opportunity to own a larger complex well below the $724,500 assessment ! Two properties,tax amount not right. Includes 217-227 N.Third. Over $ 90,000 gross income per year.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Oven/Range - Gas
  • Window Features: Insulated
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall, Masonry
  • Basement: No
  • Price Per Sq Ft: 63.27
  • Street Number Modifier: 217

Exterior Features

  • Construction Materials: Concrete
  • Roof: Asphalt
  • View: Water
  • View: Yes
  • Water Access: Yes
  • Water Body Name: CHOPTANK
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Surface
  • Garage Features: Garage - Front Entry

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Bottled Gas/Propane
  • Heating Type: Wall Unit
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: CAROLINE COUNTY PUBLIC SCHOOLS
  • Elementary School: DENTON
  • Middle School: LOCKERMAN
  • High School: NORTH CAROLINE
  • School District Key: 121139029245
  • Elementary School: DENTON
  • High School: NORTH CAROLINE
  • Middle Or Junior School: LOCKERMAN

Lot Info

  • Improvement Assessed Value: 330800.00
  • Land Assessed Value: 52100.00
  • Lot Size Acres: 1.02
  • Lot Size Area: 44304
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 44304.00
  • Year Assessed: 2016
  • Zoning: MR
  • In City Limits: Yes

Rental Info

  • Lease Term: 12 Months
  • Owner Pays: Management, Insurance, Taxes - Real Estate
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 6708.41
  • Assessor Parcel Number: 0603020495
  • Tax Total Finished Sq Ft: 7112
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016
  • Close Date: 03/30/2017

Multi Family

  • Dock Slip Conveyance: Subject To Dnr Permit
  • Gross Income: 90300.00
  • Mean Low Water Feet: 2
  • Metering: Fully Separate, Gas Separate, Electric Separate
  • Single Room Units Count: 5
  • Vacancy Allowance Rate: 5.00

MLS Schools

  • School District Name: CAROLINE COUNTY PUBLIC SCHOOLS

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2017 03/30/17 Sold $425,000 -5.6% $60 / Sq Ft
01/30/2017 01/30/17 Pending -- -- --
01/17/2017 01/17/17 For Sale $450,000 -- $63 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000441567

Bright MLS