NOT LISTED FOR SALE

313 Railroad Ave East New Market, MD 21631

Estimated Value: $321,794 - $352,000

3 Beds
2 Baths
1,565 Sq Ft
$213/Sq Ft Est. Value

Last Sold November 17, 2021

Last sale price $290,000 $185 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,196/month

104 Days on Market

Highlights

  • New Construction
  • No HOA
  • Central Air
  • Rambler Architecture
  • 1 Car Direct Access Garage
  • 60+ Gallon Tank

About This Home

As of November 2021

This captivating brand new construction,3 bedroom 2 bath home with city services boasts many upgrades. The spacious eat-in kitchen has an elegant island which also includes stainless steel appliances as well as granite countertops. The alluring primary bedroom with appealing tray ceiling including 2 spacious closets, perfect for his and hers and en-suite bath. The living room incorporates a cathedral ceiling with a large dormer to allow plenty of natural light. The home has a 1 car attached garage large and utility room. It comes with a 1 year builders warranty. Photos are of similar home being built.

Last Agent to Sell the Property

Stephen Brown

Iron Valley Real Estate Ocean City License #RS-0025538 Listed on: 06/22/2021

Iron Valley Real Estate Ocean City

Last Buyer's Agent

Micheal Vakas

EXP Realty, LLC

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $118

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 0.34 Acre Lot
  • Property is in excellent condition
  • Property is zoned CITY

Parking

  • 1 Car Direct Access Garage
  • Side Facing Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Rambler Architecture
  • Stick Built Home

Interior Spaces

  • 1,565 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Accessible Home Design

  • Doors are 32 inches wide or more

Utilities

  • Central Air
  • Back Up Electric Heat Pump System
  • 60+ Gallon Tank

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$118

Year Built

Built in 2021 | New Construction

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Accessibility Features: 32"+ Wide Doors
  • Ownership: Fee Simple
  • New Construction: Yes
  • Story List: Main
  • Year Built: 2021
  • Automatically Close On Close Date: No
  • Remarks Public: This captivating brand new construction,3 bedroom 2 bath home with city services boasts many upgrades. The spacious eat-in kitchen has an elegant island which also includes stainless steel appliances as well as granite countertops. The alluring primary bedroom with appealing tray ceiling including 2 spacious closets, perfect for his and hers and en-suite bath. The living room incorporates a cathedral ceiling with a large dormer to allow plenty of natural light. The home has a 1 car attached garage large and utility room. It comes with a 1 year builders warranty. Photos are of similar home being built.
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1565
  • Living Area Sq Ft: 1565
  • Price Per Sq Ft: 185.24
  • Above Grade Finished Sq Ft: 1565
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 313

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: Stick Built
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Side Entry, Inside Access
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Driveway, Attached Garage, Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: 60+ Gallon Tank
  • 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: DORCHESTER COUNTY PUBLIC SCHOOLS
  • School District Key: 121139665361
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.34
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15000.00
  • Property Condition: Excellent
  • Zoning: CITY
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 118.00
  • Assessor Parcel Number: NO TAX RECORD
  • Tax Year: 2019
  • Close Date: 11/17/2021

MLS Schools

  • School District Name: DORCHESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2021
Closed on
Nov 19, 2021
Sold by
Ksl Builders Inc
Bought by
Allan Clinton S
Seller's Agent
Stephen Brown
Iron Valley Real Estate Ocean City
Buyer's Agent
Micheal Vakas
EXP Realty, LLC
List Price
$289,900
Sold Price
$290,000
Premium/Discount to List
$100
0.03%
Current Estimated Value
$336,022

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,022
Avg. Annual Appreciation
3.87%
Original Mortgage
$292,929
Outstanding Balance
$275,971
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$57,978

Purchase Details

Listed on
Jun 22, 2021
Closed on
Nov 17, 2021
Sold by
Ksl Builders Inc
Bought by
Allan Clinton S
Seller's Agent
Stephen Brown
Iron Valley Real Estate Ocean City
Buyer's Agent
Micheal Vakas
EXP Realty, LLC
List Price
$289,900
Sold Price
$290,000
Premium/Discount to List
$100
0.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,929
Outstanding Balance
$275,971
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$57,978

Purchase Details

Listed on
May 1, 2019
Closed on
Mar 6, 2020
Sold by
Freeman Howard Scott and Scott Freeman H
Bought by
Ksl Builders Inc
Seller's Agent
Stephen Brown
Iron Valley Real Estate Ocean City
Buyer's Agent
Stephen Brown
Iron Valley Real Estate Ocean City
List Price
$25,000
Sold Price
$15,000
Premium/Discount to List
-$10,000
-40%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
471.02%
Original Mortgage
$209,920
Interest Rate
3.2%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 14, 2012
Sold by
M & R Development Llc
Bought by
Freeman H Scott
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
Allan Clinton S $290,000 Atg Title
Ksl Builders Inc $60,000 Sage Title Group Llc
Freeman H Scott $10,000 Real Estate Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allan Clinton S $292,929
Closed Allan Clinton S $292,929
Previous Owner Ksl Builders Inc $209,920
Previous Owner Ksl Builders Inc $45,000
Previous Owner M & R Development Llc $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2021 11/17/21 Sold $290,000 0.0% $185 / Sq Ft
10/04/2021 10/04/21 Pending -- -- --
06/22/2021 06/22/21 For Sale $289,900 +1832.7% $185 / Sq Ft
03/06/2020 03/06/20 Sold $15,000 -33.3% --
12/05/2019 12/05/19 Pending -- -- --
10/14/2019 10/14/19 Price Changed $22,500 -10.0% --
05/01/2019 05/01/19 For Sale $25,000 -- --
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
2024 $4,266 $242,500 $22,400 $220,100
2023 $4,266 $234,033 $0 $0
2022 $8,224 $225,567 $0 $0
2021 $354 $19,400 $19,400 $0
2020 $354 $19,400 $19,400 $0
2019 $354 $19,400 $19,400 $0
2018 $354 $19,400 $19,400 $0
2017 $349 $19,400 $0 $0
2016 -- $19,400 $0 $0
2015 $562 $19,900 $0 $0
2014 $562 $19,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDDO2000036

Bright MLS

APN: 02-282445