NOT LISTED FOR SALE

318 Railroad Ave East New Market, MD 21631

Estimated Value: $223,950 - $257,000

3 Beds
1 Bath
768 Sq Ft
$310/Sq Ft Est. Value

Last Sold December 20, 2019

Last sale price $13,500 $18 Per Sq Ft

Est. 1,683% increase in value since last sale

Current estimated payment $1,593/month

17 Days on Market

About This Home

As of December 2019

Three bedroom investment property in East New Market. Priced to sell, better hurry. Sold in As Is condition

Last Agent to Sell the Property

Richard Harrington

Sharon Real Estate P.C. Listed on: 10/22/2019

Last Buyer's Agent

Sydney Johnson Cohee

Sharon Real Estate P.C. License #657232

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1954

Lot Details

  • 5,850 Sq Ft Lot
  • Property is in below average condition
  • Property is zoned SR

Parking

  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Fixer Upper
  • Block Foundation
  • Shingle Siding

Interior Spaces

  • 768 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Schools

  • Warwick Elementary School
  • North Dorchester Middle School
  • North Dorchester High School

Community Details

  • No Home Owners Association
  • East New Market Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 1002024985

Home Details

Home Type

Single Family

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1954
  • Remarks Public: Three bedroom investment property in East New Market. Priced to sell, better hurry. Sold in As Is condition
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Block
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 768
  • Living Area Sq Ft: 768
  • Price Per Sq Ft: 32.55
  • Above Grade Finished Sq Ft: 768
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 318

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Shingle 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: Off Street

Utilities

  • Central Air Conditioning: No
  • 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
  • Elementary School: WARWICK
  • Middle School: NORTH DORCHESTER
  • High School: NORTH DORCHESTER
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121139665361
  • School District Source: Listing Agent
  • Elementary School: WARWICK
  • High School: NORTH DORCHESTER
  • Middle Or Junior School: NORTH DORCHESTER

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 21300.00
  • Land Assessed Value: 16100.00
  • Land Use Code: 110
  • Lot Size Acres: 0.13
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5850.00
  • Property Condition: Below Average, Major Rehab Needed
  • Year Assessed: 2019
  • Zoning: SR
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5304203
  • Tax Annual Amount: 468.00
  • Assessor Parcel Number: 1002024985
  • Tax Lot: 5
  • Tax Total Finished Sq Ft: 768
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 12/20/2019

MLS Schools

  • School District Name: DORCHESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2019
Closed on
Dec 20, 2019
Sold by
Pinder Sharon Dockins
Bought by
Fallon Paul S and Fallon Pamela G
Seller's Agent
Richard Harrington
Sharon Real Estate P.C.
Buyer's Agent
Sydney Johnson Cohee
Sharon Real Estate P.C.
List Price
$25,000
Sold Price
$13,500
Premium/Discount to List
-$11,500
-46%
Current Estimated Value
$240,658

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,158
Avg. Annual Appreciation
66.52%

Purchase Details

Closed on
Aug 25, 1995
Sold by
Robinson Mildred L and Robinson E
Bought by
Dockins Bertha D
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
Fallon Paul S $13,500 Eastern Shore Title Co
Dockins Bertha D $21,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2019 12/20/19 Sold $13,500 -46.0% $18 / Sq Ft
11/08/2019 11/08/19 Pending -- -- --
10/22/2019 10/22/19 For Sale $25,000 -- $33 / 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 $3,306 $187,500 $0 $0
2024 $3,039 $173,800 $21,100 $152,700
2023 $3,039 $166,733 $0 $0
2022 $7,099 $159,667 $0 $0
2021 $244 $152,600 $16,100 $136,500
2020 $244 $13,400 $0 $0
2019 $540 $29,600 $0 $0
2018 $468 $25,700 $8,000 $17,700
2017 $462 $25,700 $0 $0
2016 -- $25,700 $0 $0
2015 $535 $27,200 $0 $0
2014 $535 $27,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Richard Harrington

    Seller's Agent in 2019

    Richard Harrington

    Sharon Real Estate P.C.

    (443) 205-3038

    59 Total Sales

    Section Image
  • Sydney Johnson Cohee

    Buyer's Agent in 2019

    Sydney Johnson Cohee

    Sharon Real Estate P.C.

    (410) 476-7519

    107 Total Sales

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Map

Source: Bright MLS

MLS Number: MDDO124470

Bright MLS

APN: 02-024985

Maryland Dorchester County East New Market 21631

318 Railroad Ave, East New Market, MD

This home is located at 318 Railroad Ave, East New Market, MD 21631 since 22 October 2019 and is currently estimated at $237,988, approximately $309 per square foot. This property was built in 1954. 318 Railroad Ave is a home located in Dorchester County with nearby schools including Warwick Elementary School, North Dorchester Middle School, and North Dorchester High School.

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