NOT LISTED FOR SALE

303 Academy Ave Federalsburg, MD 21632

Estimated Value: $221,000 - $243,000

3 Beds
2 Baths
1,968 Sq Ft
$117/Sq Ft Est. Value

Last Sold March 08, 2023

Last sale price $210,000 $107 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,493/month

82 Days on Market

Highlights

  • Traditional Architecture
  • Sun or Florida Room
  • Den
  • Loft
  • No HOA
  • Living Room

About This Home

As of March 2023

IMPROVED PRICE! If you are looking for a home with a lot of charm ,character and can make it your own this is the one! This 3 bedroom two bath has a ton of storage space, a cozy sunroom that you will want to spend all your time in and a beautiful backyard with two small fish ponds, a big beautiful Weeping Willow Tree, brick patio and lots of greenery, perfect to make it your own personal oasis! A small shed with electric and a large barn with a full kitchen & a beautiful upstairs to make a gameroom!
This home was once two apartments & could easily be converted back as there is still a kitchen upstairs also! The barn just needs a bathroom and could easily be a third rental!!
Or better yet, take out the upstairs kitchen, enlarge the bathroom with a walk in closet and make a great Master Suite! The possibilities with this home are endless! Seller offering a one year Home Buyer Warranty with any ratified contract!
Walking distance to Elementary school and downtown shopping!
A few updates and your personal touch and this could be a great home for your family!

Last Agent to Sell the Property

Joni Barrow

Keller Williams Realty License #0670157 Listed on: 10/21/2022

Keller Williams Realty

Last Buyer's Agent

Jim Corson

Benson & Mangold, LLC

Benson & Mangold, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,798

Year Built

  • Built in 1900

Lot Details

  • 0.31 Acre Lot
  • Cleared Lot
  • Back and Front Yard
  • Property is zoned R2

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,968 Sq Ft Home
  • Property has 2 Levels
  • Window Screens
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Den
  • Loft
  • Sun or Florida Room
  • Storage Room
  • Crawl Space
  • Storm Doors

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Heating System Powered By Leased Propane
  • Wall Furnace
  • Propane Water Heater

Additional Features

  • More Than Two Accessible Exits
  • Shed

Community Details

  • No Home Owners Association
  • Denton Narrows Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 2
  • Assessor Parcel Number 0605020093

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,798

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Home Warranty: Yes
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Remarks Public: IMPROVED PRICE! If you are looking for a home with a lot of charm ,character and can make it your own this is the one! This 3 bedroom two bath has a ton of storage space, a cozy sunroom that you will want to spend all your time in and a beautiful backyard with two small fish ponds, a big beautiful Weeping Willow Tree, brick patio and lots of greenery, perfect to make it your own personal oasis! A small shed with electric and a large barn with a full kitchen & a beautiful upstairs to make a gameroom! This home was once two apartments & could easily be converted back as there is still a kitchen upstairs also! The barn just needs a bathroom and could easily be a third rental!! Or better yet, take out the upstairs kitchen, enlarge the bathroom with a walk in closet and make a great Master Suite! The possibilities with this home are endless! Seller offering a one year Home Buyer Warranty with any ratified contract! Walking distance to Elementary school and downtown shopping! A few updates and your personal touch and this could be a great home for your family!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Oven/Range - Electric, Refrigerator, Microwave, Washer, Dryer
  • Window Features: Screens
  • Fireplace: No
  • Door Features: Storm
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Kitchen, Den, Foyer, Bedroom 1, Sun/Florida Room, Laundry, Loft, Storage Room, Full Bath
  • Basement: No
  • Laundry Type: Has Laundry
  • Total Sq Ft: 1968
  • Living Area Sq Ft: 1968
  • Price Per Sq Ft: 104.12
  • Above Grade Finished Sq Ft: 1968
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 303

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, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Combination
  • 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
  • Heating Fuel: Propane - Leased
  • Heating Type: Wall Unit
  • Heating: Yes
  • Hot Water: Propane
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

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: 129700.00
  • Land Assessed Value: 18200.00
  • Land Use Code: R
  • Lot Features: Cleared, Front Yard, Rear Yard
  • Lot Size Acres: 0.31
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13500.00
  • Year Assessed: 2022
  • Zoning: R2
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4493621
  • Tax Annual Amount: 2798.00
  • Assessor Parcel Number: 0605020093
  • Tax Lot: 2
  • Tax Page Number: 414
  • Tax Total Finished Sq Ft: 1968
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 03/08/2023

MLS Schools

  • School District Name: CAROLINE COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2022
Closed on
Mar 8, 2023
Sold by
Millionie-Harvey Julia L
Bought by
Lambert Zulene and Scudder Susan
Seller's Agent
Joni Barrow
Keller Williams Realty
Buyer's Agent
Jim Corson
Benson & Mangold, LLC
List Price
$224,900
Sold Price
$210,000
Premium/Discount to List
-$14,900
-6.63%
Views
88
Current Estimated Value
$230,410

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,410
Avg. Annual Appreciation
2.75%
Original Mortgage
$199,500
Outstanding Balance
$194,348
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$30,518

Purchase Details

Closed on
Aug 28, 1985
Sold by
Freeman David R
Bought by
Millionie Julia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,000
Interest Rate
12.18%

Purchase Details

Closed on
Jan 3, 1978
Sold by
Vickers Morris E
Bought by
Freeman David R
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
Lambert Zulene $210,000 Eastern Shore Title
Millionie Julia L $29,000 --
Freeman David R $2,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lambert Zulene $199,500
Previous Owner Harvey Julia L $65,000
Previous Owner Harvey Julia L $25,000
Previous Owner Harvey Julia L $95,000
Previous Owner Millionie Julia L $29,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2023 03/08/23 Sold $210,000 +2.5% $107 / Sq Ft
01/11/2023 01/11/23 Pending -- -- --
01/07/2023 01/07/23 Price Changed $204,900 -4.7% $104 / Sq Ft
11/03/2022 11/03/22 Price Changed $214,900 -4.4% $109 / Sq Ft
10/21/2022 10/21/22 For Sale $224,900 -- $114 / 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 $3,181 $186,633 $0 $0
2024 $3,181 $167,267 $0 $0
2023 $2,798 $147,900 $18,200 $129,700
2022 $2,328 $147,900 $18,200 $129,700
2021 $1,097 $147,900 $18,200 $129,700
2020 $1,988 $166,000 $18,200 $147,800
2019 $1,828 $140,133 $0 $0
2018 $1,781 $114,267 $0 $0
2017 $1,619 $88,400 $0 $0
2016 -- $88,400 $0 $0
2015 $1,779 $88,400 $0 $0
2014 $1,779 $107,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDCM2002390

Bright MLS

APN: 05-020093