NOT LISTED FOR SALE

27329 Iron Gate Rd Federalsburg, MD 21632

Estimated Value: $401,000 - $586,000

3 Beds
2 Baths
2,038 Sq Ft
$243/Sq Ft Est. Value

Last Sold August 19, 2019

Last sale price $272,000 $133 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $3,133/month

300 Days on Market

Highlights

  • Colonial Architecture
  • Attic
  • No HOA
  • Wood Burning Stove
  • 4 Fireplaces
  • Country Kitchen

About This Home

As of August 2019

Great opportunity to own this charming colonial style farm house with endless opportunity to make this your very own retreat. The property features multiple pastures and outbuildings (barn, stables, tool shop etc. ). There is also a detached carriage house w/upstairs that can be easily converted into a studio apartment (perfect for a detached in-law suite or guest house). This unique property could be used for animal rescue, orchard, vineyard or just a quite get away.

Last Agent to Sell the Property

Jason Gregg

CENTURY 21 New Millennium License #17639 Listed on: 09/19/2018

CENTURY 21 New Millennium

Last Buyer's Agent

Fitz Turner

Tidewater Properties License #56529

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,837

Year Built

  • Built in 1870

Lot Details

  • 9 Acre Lot

Parking

  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,038 Sq Ft Home
  • Property has 3 Levels
  • 4 Fireplaces
  • Wood Burning Stove
  • Dining Area
  • Country Kitchen
  • Attic

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Electric Baseboard Heater
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 0608004978

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,837

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Expected On Market: 2018-09-20
  • Year Built: 1870
  • Remarks Public: Great opportunity to own this charming colonial style farm house with endless opportunity to make this your very own retreat. The property features multiple pastures and outbuildings (barn, stables, tool shop etc. ). There is also a detached carriage house w/upstairs that can be easily converted into a studio apartment (perfect for a detached in-law suite or guest house). This unique property could be used for animal rescue, orchard, vineyard or just a quite get away.
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Attic, Kitchen - Country, Dining Area
  • Fireplaces Count: 4
  • Fireplace: Yes
  • Levels Count: 3+
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 2038
  • Living Area Sq Ft: 2038
  • Price Per Sq Ft: 147.15
  • Above Grade Finished Sq Ft: 2038
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 27329

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Combination, Brick
  • 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: No
  • Heating Fuel: Wood, Electric
  • Heating Type: Baseboard - Electric
  • 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: CAROLINE COUNTY PUBLIC SCHOOLS
  • School District Key: 121139029245
  • School District Source: Listing Agent

Lot Info

  • Improvement Assessed Value: 192700.00
  • Land Assessed Value: 61600.00
  • Lot Size Acres: 9.00
  • Lot Size Area: 392040
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 392040.00
  • Remarks Farm: Charming colonial style farm house. The property features multiple outbuildings including:carriage house w/upstairs studio, barn/stables,tool shop etc....Great opportunity to make this your perfect getaway in the country. Fenced pastures and fields for ho
  • Year Assessed: 2018
  • Zoning: R
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4497615
  • Tax Annual Amount: 2836.96
  • Assessor Parcel Number: 0608004978
  • Tax Lot: 1
  • Tax Total Finished Sq Ft: 2038
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2017
  • Close Date: 08/19/2019

MLS Schools

  • School District Name: CAROLINE COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2015
Closed on
Feb 5, 2016
Sold by
Peggy Lee Llc
Bought by
Pacek Olena
Seller's Agent
Christopher Fuller
Long & Foster Real Estate, Inc.
Buyer's Agent
Jason Gregg
CENTURY 21 New Millennium
List Price
$325,000
Sold Price
$295,000
Premium/Discount to List
-$30,000
-9.23%
Current Estimated Value
$521,796

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$226,796
Avg. Annual Appreciation
7.30%
Original Mortgage
$232,000
Outstanding Balance
$187,499
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$390,048

Purchase Details

Listed on
Oct 17, 2013
Closed on
Nov 20, 2014
Sold by
Garman Charles and Garman Donna J
Bought by
Peggy Lee Llc
Seller's Agent
Ed Quidas
Long & Foster Real Estate, Inc.
Buyer's Agent
Christopher Fuller
Long & Foster Real Estate, Inc.
List Price
$1,100,000
Sold Price
$272,000
Premium/Discount to List
-$828,000
-75.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.12%

Purchase Details

Closed on
Dec 29, 2000
Sold by
Knotts Marjorie Todd
Bought by
Garman Charles I and Garman Donna J

Purchase Details

Closed on
May 21, 1998
Sold by
Knotts Marjorie Todd
Bought by
Knotts Marjorie Todd and Testamentary Trust

Purchase Details

Closed on
Sep 16, 1997
Sold by
Knotts Marjorie Todd
Bought by
Knotts Marjorie Todd
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
Pacek Olena $295,000 Aegis Title Associates Llc
Peggy Lee Llc $272,000 Evans Title Llc
Garman Charles I $225,000 --
Knotts Marjorie Todd -- --
Knotts Marjorie Todd -- --
Knotts Marjorie Todd -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pacek Olena $232,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2019 08/19/19 Sold $272,000 -9.3% $133 / Sq Ft
06/02/2019 06/02/19 For Sale $299,900 +10.3% $147 / Sq Ft
06/01/2019 06/01/19 Off Market $272,000 -- --
05/25/2019 05/25/19 Price Changed $299,900 -4.8% $147 / Sq Ft
01/03/2019 01/03/19 For Sale $314,900 +15.8% $155 / Sq Ft
01/01/2019 01/01/19 Off Market $272,000 -- --
10/01/2018 10/01/18 Price Changed $314,900 -4.6% $155 / Sq Ft
09/19/2018 09/19/18 For Sale $329,999 +11.9% $162 / Sq Ft
02/05/2016 02/05/16 Sold $295,000 -1.6% --
11/26/2015 11/26/15 Pending -- -- --
07/25/2015 07/25/15 Price Changed $299,900 -7.7% --
07/02/2015 07/02/15 For Sale $325,000 +19.5% --
12/01/2014 12/01/14 Sold $272,000 -9.2% $133 / Sq Ft
09/08/2014 09/08/14 Pending -- -- --
07/02/2014 07/02/14 Price Changed $299,500 -21.2% $147 / Sq Ft
05/14/2014 05/14/14 Price Changed $380,000 -54.2% $186 / Sq Ft
04/11/2014 04/11/14 Price Changed $830,000 -9.8% $407 / Sq Ft
03/11/2014 03/11/14 Price Changed $920,000 -16.4% $451 / Sq Ft
10/17/2013 10/17/13 For Sale $1,100,000 -- $540 / 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 $3,480 $384,200 $66,600 $317,600
2024 $3,480 $345,800 $0 $0
2023 $3,310 $307,400 $0 $0
2022 $3,149 $269,000 $66,600 $202,400
2021 $1,513 $264,100 $0 $0
2020 $1,513 $259,200 $0 $0
2019 $2,965 $254,300 $61,600 $192,700
2018 $2,948 $254,300 $61,600 $192,700
2017 $2,962 $254,300 $0 $0
2016 -- $258,300 $0 $0
2015 $2,944 $258,300 $0 $0
2014 $2,944 $258,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002336526

Bright MLS

APN: 08-004978