NOT LISTED FOR SALE

305 Morris Ave Federalsburg, MD 21632

Estimated Value: $180,000 - $239,000

3 Beds
2 Baths
1,440 Sq Ft
$150/Sq Ft Est. Value

Last Sold October 21, 2016

Last sale price $44,000 $31 Per Sq Ft

Est. 388% increase in value since last sale

Current estimated payment $1,410/month

42 Days on Market

Highlights

  • Private Pool
  • Traditional Floor Plan
  • Den
  • Cape Cod Architecture
  • No HOA
  • Workshop

About This Home

As of October 2016

Spacious three or four bedroom two bath cape cod with screened porch, large detached garage with workshop area & attic storage, above ground pool, small patio area, and fully fenced backyard. In town lot and walking distance to area waterfront parks. Other room 1 is screened porch

Last Agent to Sell the Property

G. Renee Rishel

EXIT Latham Realty Listed on: 07/28/2016

Last Buyer's Agent

Shelby Roney

Benson & Mangold, LLC License #577947

Benson & Mangold, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 9,396 Sq Ft Lot
  • Property is zoned R1

Parking

  • Off-Street Parking

Home Design

  • Cape Cod Architecture
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • Traditional Floor Plan
  • Living Room
  • Den
  • Workshop
  • Utility Room

Kitchen

  • Country Kitchen
  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • Private Pool

Utilities

  • Heating System Uses Oil
  • Hot Water Heating System
  • Oil Water Heater

Community Details

  • No Home Owners Association
  • Federalsburg Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0605000459

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1940
  • Remarks Public: Spacious three or four bedroom two bath cape cod with screened porch, large detached garage with workshop area & attic storage, above ground pool, small patio area, and fully fenced backyard. In town lot and walking distance to area waterfront parks. Other room 1 is screened porch
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Dryer, Stove, Washer, Refrigerator
  • Interior Amenities: Kitchen - Country, Floor Plan - Traditional
  • Fireplace: No
  • Entry Location: Living Room
  • Levels Count: 2
  • Room List: Living Room, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1, Study, Utility Room, Workshop, Bedroom 6
  • Basement: No
  • Living Area Units: Square Feet
  • Street Number Modifier: 305

Beds/Baths

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

Exterior Features

  • Construction Materials: Vinyl Siding
  • Pool Private: Yes
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Detached
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Oil
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Oil
  • 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

Lot Info

  • Improvement Assessed Value: 77500.00
  • Land Assessed Value: 16700.00
  • Lot Size Acres: 0.22
  • Lot Size Area: 9396
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9396.00
  • Property Attached Yn: No
  • Year Assessed: 2016
  • Zoning: R1
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4492090
  • Tax Annual Amount: 1725.74
  • Assessor Parcel Number: 0605000459
  • Tax Total Finished Sq Ft: 1512
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015
  • Close Date: 10/21/2016

MLS Schools

  • School District Name: CAROLINE COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 5, 2017
Sold by
Scott Jeffrey Wade
Bought by
Mcmullen Ii Christopher Douglas
Current Estimated Value
$214,699

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,967
Outstanding Balance
$101,556
Interest Rate
3.97%
Mortgage Type
VA
Estimated Equity
$113,917

Purchase Details

Listed on
Jul 28, 2016
Closed on
Oct 21, 2016
Sold by
Secretary Department Of Housing & Urban
Bought by
Scott Jeffrey Wade
Seller's Agent
G. Renee Rishel
EXIT Latham Realty
Buyer's Agent
Shelby Roney
Benson & Mangold, LLC
List Price
$46,000
Sold Price
$44,000
Premium/Discount to List
-$2,000
-4.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.81%

Purchase Details

Closed on
Mar 9, 2016
Sold by
Nallathambi Dominic
Bought by
Community Development Administration Of

Purchase Details

Closed on
Aug 25, 2006
Sold by
Mcwilliams James M
Bought by
Nallathambi Domnic

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000
Interest Rate
6.88%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 1, 2006
Sold by
Mcwilliams James M
Bought by
Nallathambi Domnic

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000
Interest Rate
6.88%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 12, 1988
Sold by
Tierney James P
Bought by
Mcwilliams James M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,000
Interest Rate
10.57%

Purchase Details

Closed on
Nov 14, 1986
Sold by
Elrick Barrey C
Bought by
Tierney James P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,500
Interest Rate
9.81%
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
Mcmullen Ii Christopher Douglas $119,400 Evans Title Llc
Scott Jeffrey Wade $44,000 Evans Title Llc
Community Development Administration Of $68,800 None Available
Nallathambi Domnic $185,000 --
Nallathambi Domnic $185,000 --
Mcwilliams James M $81,000 --
Tierney James P $74,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcmullen Ii Christopher Douglas $121,967
Previous Owner Nallathambi Domnic $5,000
Previous Owner Nallathambi Domnic $182,700
Previous Owner Nallathambi Domnic $182,700
Previous Owner Mcwilliams James M $67,000
Previous Owner Tierney James P $68,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2016 10/21/16 Sold $44,000 -4.3% $31 / Sq Ft
09/08/2016 09/08/16 Pending -- -- --
07/28/2016 07/28/16 For Sale $46,000 -- $32 / 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 $2,819 $163,900 $0 $0
2024 $2,819 $148,200 $0 $0
2023 $2,507 $132,500 $16,700 $115,800
2022 $2,389 $126,267 $0 $0
2021 $2,153 $120,033 $0 $0
2020 $2,153 $113,800 $16,700 $97,100
2019 $2,019 $107,267 $0 $0
2018 $1,886 $100,733 $0 $0
2017 $1,726 $94,200 $0 $0
2016 -- $94,200 $0 $0
2015 $2,184 $94,200 $0 $0
2014 $2,184 $113,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000439523

Bright MLS

APN: 05-000459