NOT LISTED FOR SALE

2960 Mowbray Creek Rd Federalsburg, MD 21632

Estimated Value: $303,000 - $336,000

3 Beds
2 Baths
1,860 Sq Ft
$173/Sq Ft Est. Value

Last Sold August 26, 2022

Last sale price $290,000 $156 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,973/month

29 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Heat Pump System

About This Home

As of August 2022

Check out this beautiful gem located just outside of Federalsburg. Completely remodeled and ready for new owners, The upstairs suite has a full bathroom and a spacious walk in closet. 2 bedrooms and one full bathroom downstairs. The fantastic modern kitchen has stainless appliances, 42" cabinets, Quartz countertops and a large pantry. The bathrooms are equally impressive with marble countertops and tile floors.The house has great natural light due to the brand new Pella windows. The house has years of longevity with new front porch trek decking, new roof with 30 year shingles, new Goodman heat pump and new ductwork. Further, the home has been fully rewired and has a new electric panel. The washer and dryer are high efficiency to save on electricity. Check out this ready to move in gem!

Last Agent to Sell the Property

Dennis Covey

Meredith Fine Properties License #574815 Listed on: 06/23/2022

Last Buyer's Agent

Matthew Wilson

Rosendale Realty License #637586

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $918

Year Built

  • Built in 1930 | Remodeled in 2022

Lot Details

  • 0.54 Acre Lot
  • Property is zoned R2

Parking

  • Driveway

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • 1,860 Sq Ft Home
  • Property has 2 Levels
  • Crawl Space

Bedrooms and Bathrooms

Utilities

  • Heat Pump System
  • Well
  • Electric Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0605022649

Home Details

Home Type

Single Family

Est. Annual Taxes

$918

Year Built

Built in 1930 | Remodeled in 2022

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
  • Expected On Market: 2022-06-23
  • Year Built: 1930
  • Year Renovated: 2022
  • Automatically Close On Close Date: No
  • Remarks Public: Check out this beautiful gem located just outside of Federalsburg. Completely remodeled and ready for new owners, The upstairs suite has a full bathroom and a spacious walk in closet. 2 bedrooms and one full bathroom downstairs. The fantastic modern kitchen has stainless appliances, 42" cabinets, Quartz countertops and a large pantry. The bathrooms are equally impressive with marble countertops and tile floors.The house has great natural light due to the brand new Pella windows. The house has years of longevity with new front porch trek decking, new roof with 30 year shingles, new Goodman heat pump and new ductwork. Further, the home has been fully rewired and has a new electric panel. The washer and dryer are high efficiency to save on electricity. Check out this ready to move in gem!
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1860
  • Living Area Sq Ft: 1860
  • Price Per Sq Ft: 166.61
  • Above Grade Finished Sq Ft: 1860
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2960

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 2
  • 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, Below Grade
  • Construction Materials: Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • 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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 40400.00
  • Land Assessed Value: 38200.00
  • Land Use Code: R
  • Lot Size Acres: 0.54
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 23617.00
  • Year Assessed: 2022
  • Zoning: R2
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4493819
  • Tax Annual Amount: 918.00
  • Assessor Parcel Number: 0605022649
  • Tax Total Finished Sq Ft: 1224
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 08/26/2022

MLS Schools

  • School District Name: CAROLINE COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2022
Closed on
Aug 26, 2022
Sold by
Stuart James S
Bought by
Sdden Laura and Stadden Katherine
Seller's Agent
Dennis Covey
Meredith Fine Properties
Buyer's Agent
Matthew Wilson
Rosendale Realty
List Price
$324,900
Sold Price
$290,000
Premium/Discount to List
-$34,900
-10.74%
Views
16
Current Estimated Value
$321,825

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,825
Avg. Annual Appreciation
3.51%
Original Mortgage
$188,237
Outstanding Balance
$180,160
Interest Rate
5.3%
Mortgage Type
FHA
Estimated Equity
$141,665

Purchase Details

Listed on
Apr 18, 2020
Closed on
May 7, 2020
Sold by
Staple Holdings Llc
Bought by
Stuart James S and Stuart Yolanda Threatte
Seller's Agent
Bill Griffin
Results Realty Inc.
Buyer's Agent
Dennis Covey
Meredith Fine Properties
List Price
$39,900
Sold Price
$32,500
Premium/Discount to List
-$7,400
-18.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
160.06%

Purchase Details

Listed on
Apr 18, 2020
Closed on
Apr 6, 2020
Sold by
Wilmington Trust National Association
Bought by
Staple Holdings Llc
Seller's Agent
Bill Griffin
Results Realty Inc.
Buyer's Agent
Dennis Covey
Meredith Fine Properties
List Price
$39,900
Sold Price
$32,500
Premium/Discount to List
-$7,400
-18.55%

Purchase Details

Closed on
Jan 29, 2020
Sold by
Morris Alan Jay
Bought by
Wilmington Trust National Association and Citibank N A

Purchase Details

Closed on
Mar 26, 2004
Sold by
Chase Manhattan Mortgage Corp
Bought by
Morris Alan Jay

Purchase Details

Closed on
Aug 7, 2003
Sold by
Breeding Glenn V
Bought by
Chase Manhattan Mortgage Corp

Purchase Details

Closed on
Sep 22, 1995
Sold by
Mowbray James Edward
Bought by
Breeding Glenn and Donna Faye
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
Sdden Laura $290,000 North American Title
Stuart James S $32,500 Eastern Shore Title Company
Staple Holdings Llc $22,000 Gemini Title & Escrow Llc
Wilmington Trust National Association $62,199 None Available
Morris Alan Jay $68,000 --
Chase Manhattan Mortgage Corp $57,800 --
Breeding Glenn $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stadden Laura Michele $6,216
Open Sdden Laura $188,237
Closed Morris Alan Jay --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2022 08/26/22 Sold $290,000 -6.4% $156 / Sq Ft
06/30/2022 06/30/22 Price Changed $309,900 -4.6% $167 / Sq Ft
06/23/2022 06/23/22 For Sale $324,900 0.0% $175 / Sq Ft
06/21/2022 06/21/22 Price Changed $324,900 +899.7% $175 / Sq Ft
05/11/2020 05/11/20 Sold $32,500 -18.5% $27 / Sq Ft
04/22/2020 04/22/20 Pending -- -- --
04/18/2020 04/18/20 For Sale $39,900 +81.4% $33 / Sq Ft
04/06/2020 04/06/20 Sold $22,000 -52.2% $18 / Sq Ft
03/19/2020 03/19/20 Pending -- -- --
03/09/2020 03/09/20 For Sale $46,000 -- $38 / 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 $2,675 $262,667 $0 $0
2024 $2,675 $239,433 $0 $0
2023 $2,421 $216,200 $38,200 $178,000
2022 $2,392 $78,600 $38,200 $40,400
2021 $918 $78,600 $38,200 $40,400
2020 $985 $84,700 $38,200 $46,500
2019 $1,887 $82,733 $0 $0
2018 $933 $80,767 $0 $0
2017 $921 $78,800 $0 $0
2016 -- $78,800 $0 $0
2015 $833 $78,800 $0 $0
2014 $833 $94,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDCM2001866

Bright MLS

APN: 05-022649