NOT LISTED FOR SALE

401 Academy Ave Federalsburg, MD 21632

Estimated Value: $279,000 - $335,668

5 Beds
2 Baths
3,000 Sq Ft
$103/Sq Ft Est. Value

Last Sold August 28, 2018

Last sale price $145,000 $48 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $2,018/month

Highlights

  • Craftsman Architecture
  • 1 Fireplace
  • 2 Car Detached Garage
  • Wood Burning Stove
  • No HOA
  • Window Unit Cooling System

About This Home

As of August 2018

5 Bedroom 2 bath estate home on the hill in Federalsburg. New roof and plenty of original trim. This home is move in ready.

Last Agent to Sell the Property

Blaine Williamson

McClain-Williamson Realty, LLC License #RB-0003525 Listed on: 02/27/2018

Last Buyer's Agent

Matt Wetmore

CityWorth Homes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,695

Year Built

  • Built in 1928

Lot Details

  • 0.77 Acre Lot
  • Property is zoned R1

Parking

  • 2 Car Detached Garage

Home Design

  • Craftsman Architecture
  • Aluminum Siding

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Wood Burning Stove
  • Dining Area
  • Partial Basement

Bedrooms and Bathrooms

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

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Oil Water Heater

Community Details

  • No Home Owners Association
  • Federalsburg Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0605014379

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,695

Year Built

Built in 1928

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Craftsman
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1928
  • Remarks Public: 5 Bedroom 2 bath estate home on the hill in Federalsburg. New roof and plenty of original trim. This home is move in ready.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Dining Area
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Partial
  • Living Area Units: Square Feet
  • Street Number Modifier: 401

Beds/Baths

  • Bedrooms: 5
  • 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: Aluminum Siding
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Cooling: Yes
  • Heating Fuel: Oil
  • Heating Type: Hot Water, Wood Burn Stove, Baseboard
  • 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: 181200.00
  • Land Assessed Value: 26100.00
  • Lot Size Acres: 0.77
  • Lot Size Area: 33657
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 33657.00
  • Property Attached Yn: No
  • Year Assessed: 2018
  • Zoning: R1
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4493179
  • Tax Annual Amount: 2694.87
  • Assessor Parcel Number: 0605014379
  • Tax Total Finished Sq Ft: 3275
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 08/28/2018

MLS Schools

  • School District Name: CAROLINE COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2018
Closed on
Aug 28, 2018
Sold by
Miller Christopher P and The Estate Of Penny M Miller
Bought by
Laisure James and Laisure Sheree L
Seller's Agent
Blaine Williamson
McClain-Williamson Realty, LLC
Buyer's Agent
Matt Wetmore
CityWorth Homes
List Price
$149,900
Sold Price
$145,000
Premium/Discount to List
-$4,900
-3.27%
Current Estimated Value
$307,917

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,917
Avg. Annual Appreciation
11.91%
Original Mortgage
$148,117
Outstanding Balance
$130,221
Interest Rate
4.5%
Mortgage Type
VA
Estimated Equity
$190,289

Purchase Details

Closed on
Apr 9, 2018
Sold by
Sullivan Laura H G and Brown Chasity
Bought by
Dunn Leo W

Purchase Details

Closed on
Nov 16, 2001
Sold by
Whaley David H
Bought by
Miller William Arno and Miller Penny M

Purchase Details

Closed on
Nov 22, 1988
Sold by
Gleaton William D
Bought by
Whaley David H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,000
Interest Rate
10.31%

Purchase Details

Closed on
Jul 17, 1985
Sold by
Mcmahan Lee D and Mcmahan Frances A
Bought by
Gleaton William D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
12.03%
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
Laisure James $145,000 None Available
Dunn Leo W -- None Available
Miller William Arno $160,000 --
Whaley David H $95,500 --
Gleaton William D $79,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Laisure James $48,477
Open Laisure James $148,117
Previous Owner Miller William Arno $132,000
Previous Owner Whaley David H $62,000
Previous Owner Gleaton William D $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2018 08/28/18 Sold $145,000 -3.3% $48 / Sq Ft
06/04/2018 06/04/18 Pending -- -- --
04/09/2018 04/09/18 For Sale $149,900 0.0% $50 / Sq Ft
03/29/2018 03/29/18 Pending -- -- --
02/27/2018 02/27/18 For Sale $149,900 -- $50 / 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 $4,518 $274,367 $0 $0
2024 $4,518 $247,533 $0 $0
2023 $4,176 $220,700 $26,100 $194,600
2022 $4,091 $216,233 $0 $0
2021 $3,922 $211,767 $0 $0
2020 $3,922 $207,300 $26,100 $181,200
2019 $3,524 $187,233 $0 $0
2018 $2,964 $167,167 $0 $0
2017 $2,695 $147,100 $0 $0
2016 -- $147,100 $0 $0
2015 $3,188 $147,100 $0 $0
2014 $3,188 $170,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Blaine Williamson

    Seller's Agent in 2018

    Blaine Williamson

    McClain-Williamson Realty, LLC

    (443) 521-0144

    18 in this area

    184 Total Sales

    Blaine Williamson
    Section Image

  • M

    Buyer's Agent in 2018

    Matt Wetmore

    CityWorth Homes

    (703) 310-6437

    7 Total Sales

    Matt Wetmore
    Section Image
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Map

Source: Bright MLS

MLS Number: 1000208010

Bright MLS

APN: 05-014379

Maryland Caroline County Federalsburg 21632

401 Academy Ave, Federalsburg, MD

This home is located at 401 Academy Ave, Federalsburg, MD 21632 since 27 February 2018 and is currently estimated at $307,917, approximately $102 per square foot. This property was built in 1928. 401 Academy Ave is a home located in Caroline County with nearby schools including Federalsburg Elementary School, Colonel Richardson Middle School, and Colonel Richardson High School.

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