NOT LISTED FOR SALE

228 Principio Rd Port Deposit, MD 21904

Estimated Value: $298,000 - $320,138

3 Beds
2 Baths
1,026 Sq Ft
$304/Sq Ft Est. Value

Last Sold April 25, 2016

Last sale price $114,000 $111 Per Sq Ft

Est. 174% increase in value since last sale

Current estimated payment $1,869/month

Highlights

  • Rambler Architecture
  • Central Air
  • Heat Pump System
  • No HOA
  • Combination Kitchen and Dining Room

About This Home

As of April 2016

Affordable ranch on .89 acres. Nice wooded lot , with only a short drive to I95. Equal Housing Opportunity. HUD Case # 241-935997 sold as is. Approved for a FHA mortgage (IE). All contracts, info, and bid submission on HUDHomestore site. Exclusive Agency Listing. MMREM is broad listing broker and can be reached at MMREM site.

Last Agent to Sell the Property

Aaron Butler

(410) 620-4359 abutlerrec@gmail.com Real Estate Consultants License #524396 Listed on: 02/20/2016

Last Buyer's Agent

Chuck Gregg

(410) 920-7599 greggs@greggteam.com Gregg Team Realty License #ABR002402

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,850

Year Built

  • Built in 1982

Lot Details

  • 0.89 Acre Lot
  • Property is zoned RR

Parking

  • Off-Street Parking

Home Design

  • Rambler Architecture
  • Vinyl Siding

Interior Spaces

  • 1,026 Sq Ft Home
  • Property has 2 Levels
  • Combination Kitchen and Dining Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Exterior Basement Entry

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0807009747

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,850

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main
  • Year Built: 1982
  • Remarks Public: Affordable ranch on .89 acres. Nice wooded lot , with only a short drive to I95. Equal Housing Opportunity. HUD Case # 241-935997 sold as is. Approved for a FHA mortgage (IE). All contracts, info, and bid submission on HUDHomestore site. Exclusive Agency Listing. MMREM is broad listing broker and can be reached at MMREM site.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Combination Kitchen/Dining
  • Fireplace: No
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Connecting Stairway, Outside Entrance, Full
  • Living Area Units: Square Feet
  • Total Sq Ft: 1026
  • Living Area Sq Ft: 1026
  • Price Per Sq Ft: 107.21
  • Above Grade Finished Sq Ft: 1026
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 228

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Construction Completed: 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: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: CECIL COUNTY PUBLIC SCHOOLS
  • School District Key: 121139799812

Lot Info

  • Improvement Assessed Value: 85100.00
  • Land Assessed Value: 84300.00
  • Lot Size Acres: 0.89
  • Lot Size Area: 38681
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 38681.00
  • Year Assessed: 2015
  • Zoning: RR

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4475258
  • Tax Annual Amount: 1850.33
  • Assessor Parcel Number: 0807009747
  • Tax Total Finished Sq Ft: 1026
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015
  • Close Date: 04/25/2016

MLS Schools

  • School District Name: CECIL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2016
Closed on
Apr 19, 2016
Sold by
Department Of Housing & Urban Developmen
Bought by
Zebec Joseph Daniel
Seller's Agent
Aaron Butler
Real Estate Consultants
Buyer's Agent
Chuck Gregg
Gregg Team Realty
List Price
$110,000
Sold Price
$114,000
Premium/Discount to List
$4,000
3.64%
Current Estimated Value
$312,035

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,035
Avg. Annual Appreciation
11.23%
Original Mortgage
$117,223
Outstanding Balance
$93,218
Interest Rate
3.71%
Mortgage Type
New Conventional
Estimated Equity
$218,817

Purchase Details

Closed on
Jan 22, 2016
Sold by
James B Nutter & Company
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Dec 2, 2015
Sold by
Fox Vincent A and Fox Virginia R
Bought by
James B Nutter & Company

Purchase Details

Closed on
Jan 26, 2005
Sold by
Laubach Frederick and Laubach Debra
Bought by
Fox Vincent A and Fox Virginia R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,200
Interest Rate
6.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 30, 2004
Sold by
Laubach Frederick and Laubach Debra
Bought by
Fox Vincent A and Fox Virginia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,200
Interest Rate
6.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 28, 2004
Sold by
Leeds John C and Leeds Kathleen L
Bought by
Laubach Frederick and Laubach Debra

Purchase Details

Closed on
Oct 27, 1989
Sold by
Ware Ware R and Ware Diann L
Bought by
Leeds John C and Leeds Kathleen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,550
Interest Rate
9.82%
Source: Public Records

Range of Values:

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Average Value
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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
Zebec Joseph Daniel $114,000 Ardent Title Company Llc
Secretary Of Housing & Urban Development $116,100 Attorney
James B Nutter & Company $116,100 Attorney
Fox Vincent A $209,000 --
Fox Vincent A $209,000 None Available
Laubach Frederick $93,000 --
Leeds John C $87,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zebec Joseph Daniel $117,223
Previous Owner Fox Vincent A $167,200
Previous Owner Fox Vincent A $41,800
Previous Owner Leeds John C $89,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/25/2016 04/25/16 Sold $114,000 +3.6% $111 / Sq Ft
03/01/2016 03/01/16 Pending -- -- --
02/20/2016 02/20/16 For Sale $110,000 -- $107 / 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
2025 $2,500 $222,933 $0 $0
2024 $4,225 $209,667 $0 $0
2023 $1,529 $196,400 $69,300 $127,100
2022 $2,226 $192,267 $0 $0
2021 $2,181 $188,133 $0 $0
2020 $2,182 $184,000 $69,300 $114,700
2019 $2,120 $178,600 $0 $0
2018 $2,058 $173,200 $0 $0
2017 $1,995 $167,800 $0 $0
2016 $1,910 $167,800 $0 $0
2015 $1,910 $167,800 $0 $0
2014 $1,811 $169,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002376234

Bright MLS

APN: 07-009747