NOT LISTED FOR SALE

321 Willis St Cambridge, MD 21613

Estimated Value: $155,000 - $204,000

3 Beds
1.5 Baths
1,404 Sq Ft
$125/Sq Ft Est. Value

Last Sold December 18, 2023

Last sale price $120,000 $85 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $1,070/month

10 Days on Market

Highlights

  • Traditional Architecture
  • Electric Baseboard Heater
  • Historic Home
  • No HOA
  • Space Heater

About This Home

As of December 2023

Subject Property is conveniently located in the "West End " area and historic district of Cambridge, Maryland. The property presents great potential for your remodeling project for your personal enjoyment as a primary or second home and/or a very good cash flow from AIRBNB or VRBO sites. The Property is in walking distance of downtown shops and restaurants and the municipal marina and Long Wharf. Amenities include Blacktopped driveway, front enclosed porch and large fenced rear yard. Attached Storage Room.
Owner wants to put capital in another investment and has reduced Asking Price by $20,000 to obtain a quick "as is" sale.

Last Agent to Sell the Property

Larry Mills

(443) 521-1515 larryespinc@gmail.com Eastern Shore Properties, ESP Inc. License #52635 Listed on: 09/26/2023

Last Buyer's Agent

Larry Mills

(443) 521-1515 larryespinc@gmail.com Eastern Shore Properties, ESP Inc. License #52635 Listed on: 09/26/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,434

Year Built

  • Built in 1910

Lot Details

  • 4,640 Sq Ft Lot
  • Historic Home
  • Property is in average condition
  • Property is zoned R-3

Home Design

  • Traditional Architecture
  • Brick Foundation
  • Fiberglass Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,404 Sq Ft Home
  • Property has 2 Levels
  • Double Hung Windows
  • Gas Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 3 Parking Spaces
  • Driveway
  • On-Street Parking

Utilities

  • Window Unit Cooling System
  • Space Heater
  • Electric Baseboard Heater
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • West End Historic District Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1007151624

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,434

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Historic: Yes
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Refrigerator, Oven/Range - Gas
  • Window Features: Double Hung
  • Fireplace: No
  • Foundation Details: Brick/Mortar
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1404
  • Living Area Sq Ft: 1404
  • Price Per Sq Ft: 99.00
  • Above Grade Finished Sq Ft: 1404
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 321

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Roof: Asphalt, Fiberglass
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Asphalt Driveway
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Driveway, On Street, Off Street
  • Off Street Parking Spaces: 3

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas, Electric
  • Heating Type: Space Heater, Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Natural Gas Available
  • 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

  • Land Use Code: R
  • Lot Size Acres: 0.11
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4640.00
  • Property Condition: Average
  • Year Assessed: 2023
  • Zoning: R-3
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1434.00
  • Assessor Parcel Number: 1007151624
  • Tax Total Finished Sq Ft: 1404
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 12/18/2023

MLS Schools

  • School District Name: DORCHESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2023
Closed on
Dec 5, 2023
Sold by
Merrick Steven G and Merrick Julie E
Bought by
Idoni Victoria
Seller's Agent
Larry Mills
Eastern Shore Properties, ESP Inc.
Buyer's Agent
Larry Mills
Eastern Shore Properties, ESP Inc.
List Price
$169,500
Sold Price
$120,000
Premium/Discount to List
-$49,500
-29.2%
Views
39
Current Estimated Value
$175,969

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,969
Avg. Annual Appreciation
24.30%
Original Mortgage
$95,000
Interest Rate
7.03%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Feb 16, 2015
Closed on
Feb 23, 2015
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Merrick Steven G and Merrick Julie E
Seller's Agent
Valerie Brown
Charles C. Powell, Inc. Realtors
Buyer's Agent
Larry Mills
Eastern Shore Properties, ESP Inc.
List Price
$24,900
Sold Price
$16,000
Premium/Discount to List
-$8,900
-35.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.89%
Original Mortgage
$21,000
Interest Rate
3.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Feb 16, 2015
Closed on
Feb 18, 2015
Sold by
Hayes Michael W and Hayes Christine M
Bought by
Federal Home Loan Mortgage Corporation
Seller's Agent
Valerie Brown
Charles C. Powell, Inc. Realtors
Buyer's Agent
Larry Mills
Eastern Shore Properties, ESP Inc.
List Price
$24,900
Sold Price
$16,000
Premium/Discount to List
-$8,900
-35.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,000
Interest Rate
3.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 1, 2006
Sold by
Cornish Karen F
Bought by
Hayes Michael W and Hayes Christine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,607
Interest Rate
6.34%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 24, 2006
Sold by
Cornish Karen F
Bought by
Hayes Michael W and Hayes Christine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,607
Interest Rate
6.34%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 17, 2001
Sold by
Stanley Christine M
Bought by
Cornish Karen F

Purchase Details

Closed on
Aug 12, 1999
Sold by
Robbins Edward L
Bought by
Stanley Christine M and Stanley Maurice R

Purchase Details

Closed on
May 31, 1996
Sold by
Baker Robert R and Baker Terry L
Bought by
Robbins Edward L
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Idoni Victoria $120,000 None Listed On Document
Idoni Victoria $120,000 None Listed On Document
Merrick Steven G $16,000 Servicelink
Federal Home Loan Mortgage Corporation $127,178 None Available
Hayes Michael W $122,500 --
Hayes Michael W $122,500 --
Cornish Karen F $71,900 --
Stanley Christine M $30,000 --
Robbins Edward L $31,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Idoni Victoria $95,000
Previous Owner Merrick Steven G $160,000
Previous Owner Merrick Steven G $21,000
Previous Owner Hayes Michael W $147,200
Previous Owner Hayes Michael W $120,607
Previous Owner Hayes Michael W $120,607
Closed Cornish Karen F --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2023 12/18/23 Sold $120,000 -13.7% $85 / Sq Ft
10/14/2023 10/14/23 Price Changed $139,000 -7.0% $99 / Sq Ft
10/09/2023 10/09/23 Price Changed $149,500 -11.8% $106 / Sq Ft
10/06/2023 10/06/23 Pending -- -- --
09/26/2023 09/26/23 For Sale $169,500 +959.4% $121 / Sq Ft
03/20/2015 03/20/15 Sold $16,000 -35.7% $11 / Sq Ft
02/20/2015 02/20/15 Pending -- -- --
02/16/2015 02/16/15 For Sale $24,900 -- $18 / 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 $1,681 $89,500 $30,100 $59,400
2024 $1,508 $85,533 $0 $0
2023 $1,508 $81,567 $0 $0
2022 $1,434 $77,600 $30,100 $47,500
2021 $1,326 $73,967 $0 $0
2020 $1,326 $70,333 $0 $0
2019 $1,272 $66,700 $21,000 $45,700
2018 $1,238 $66,700 $21,000 $45,700
2017 $1,238 $66,700 $0 $0
2016 -- $74,300 $0 $0
2015 -- $74,300 $0 $0
2014 -- $74,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDDO2005754

Bright MLS

APN: 07-151624