NOT LISTED FOR SALE

33819 Market St Pocomoke City, MD 21851

Estimated Value: $422,000 - $604,000

-- Bed
-- Bath
2,728 Sq Ft
$199/Sq Ft Est. Value

Last Sold July 02, 2024

Last sale price $558,000 $205 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,183/month

143 Days on Market

Highlights

  • New Construction
  • Open Floorplan
  • Main Floor Bedroom
  • 1.33 Acre Lot
  • Rambler Architecture
  • Family Room Off Kitchen

About This Home

As of July 2024

Owner is offering a lease purchase option for 2,000 per month per uniit with $600/month going towards the purchase principal balance if buyer purchases traditionally within 18 months. Owner will also offer traditional owner financing at 5% with a 5-year balloon and a 30-year amortization. Contact agent for more details. Spacious duplex (2 units) offered on outskirts of Pocomoke City town limits. These new construction units are turnkey with LVP flooring in living spaces, carpet in bedrooms, SS appliances and a nice, open layout. These are being offered as a package if you wanted to purchase one to live in and one to rent out to offset your mortgage! Build wealth by investing in real estate!

Last Agent to Sell the Property

Donna Harrington

Coldwell Banker Realty License #RS-0019461 Listed on: 01/22/2024

Coldwell Banker Realty

Last Buyer's Agent

Veronica Sniscak

Compass

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $387

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 1.33 Acre Lot
  • Property is in excellent condition

Home Design

  • Duplex
  • Rambler Architecture
  • Side-by-Side
  • Block Foundation
  • Frame Construction
  • Architectural Shingle Roof
  • Stick Built Home

Interior Spaces

  • Main Floor Bedroom
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Family Room Off Kitchen

Kitchen

  • Electric Oven or Range
  • Built-In Microwave

Flooring

  • Carpet
  • Luxury Vinyl Plank Tile

Parking

  • 8 Parking Spaces
  • 8 Driveway Spaces

Utilities

  • Central Air
  • Back Up Electric Heat Pump System
  • Well
  • Electric Water Heater
  • On Site Septic

Additional Features

  • More Than Two Accessible Exits
  • Porch

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 2004063740

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$387

Year Built

Built in 2023 | New Construction

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler, Side-By-Side
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • New Construction: Yes
  • Year Built: 2023
  • Automatically Close On Close Date: No
  • Remarks Public: Owner is offering a lease purchase option for 2,000 per month per uniit with $600/month going towards the purchase principal balance if buyer purchases traditionally within 18 months. Owner will also offer traditional owner financing at 5% with a 5-year balloon and a 30-year amortization. Contact agent for more details. Spacious duplex (2 units) offered on outskirts of Pocomoke City town limits. These new construction units are turnkey with LVP flooring in living spaces, carpet in bedrooms, SS appliances and a nice, open layout. These are being offered as a package if you wanted to purchase one to live in and one to rent out to offset your mortgage! Build wealth by investing in real estate!
  • Special Features: 4098

Interior Features

  • Appliances: Built-In Microwave, Oven/Range - Electric, Refrigerator
  • Flooring Type: Carpet, Luxury Vinyl Plank
  • Interior Amenities: Carpet, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Recessed Lighting
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Block
  • Basement: No
  • Total Sq Ft: 2960
  • Living Area Sq Ft: 2728
  • Price Per Sq Ft: 204.55
  • Above Grade Finished Sq Ft: 2728
  • Above Grade Unfinished Sq Ft: 232
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 33819

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Stick Built
  • Construction Completed: Yes
  • Roof: Architectural Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 8

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: Electric
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Schools

  • School District: SOMERSET COUNTY PUBLIC SCHOOLS
  • School District Key: 121138759568
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: C
  • Lot Size Acres: 1.33
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 57935.00
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Excellent
  • Year Assessed: 2024
  • Zoning: I-2
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 387.00
  • Assessor Parcel Number: 2004063740
  • Tax Total Finished Sq Ft: 17286
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2024
  • Close Date: 07/02/2024

MLS Schools

  • School District Name: SOMERSET COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2024
Closed on
Jul 1, 2024
Sold by
Bierman Family Llc
Bought by
Oc Pearl Llc
Seller's Agent
Donna Harrington
Coldwell Banker Realty
Buyer's Agent
Veronica Sniscak
Compass
List Price
$558,000
Sold Price
$558,000
Views
60
Current Estimated Value
$578,316

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,316
Avg. Annual Appreciation
-2.47%
Original Mortgage
$533,000
Outstanding Balance
$432,818
Interest Rate
7.03%
Mortgage Type
Seller Take Back
Estimated Equity
$109,757

Purchase Details

Closed on
May 25, 2007
Sold by
Cannery Place Inc
Bought by
Bierman Family Llc

Purchase Details

Closed on
Nov 16, 2001
Sold by
Johnson Kenneth P
Bought by
Cannery Place Inc
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
Oc Pearl Llc $558,000 None Listed On Document
Oc Pearl Llc $558,000 None Listed On Document
Bierman Family Llc $100,000 --
Bierman Family Llc $100,000 --
Cannery Place Inc $52,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oc Pearl Llc $533,000
Closed Oc Pearl Llc $533,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2024 07/02/24 Sold $558,000 0.0% $205 / Sq Ft
01/22/2024 01/22/24 For Sale $558,000 -- $205 / 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
2024 $387 $288,000 $25,600 $262,400
2023 $387 $34,800 $34,800 $0
2022 $387 $34,800 $34,800 $0
2021 $387 $34,800 $34,800 $0
2020 $387 $34,800 $34,800 $0
2019 $387 $34,800 $34,800 $0
2018 $387 $34,800 $34,800 $0
2017 $387 $34,800 $0 $0
2016 $830 $34,800 $0 $0
2015 $830 $74,600 $0 $0
2014 -- $74,467 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDSO2004008

Bright MLS

APN: 04-063740