NOT LISTED FOR SALE

423 Otsego St Perryville, MD 21903

Estimated Value: $345,000 - $439,000

5 Beds
2 Baths
2,030 Sq Ft
$197/Sq Ft Est. Value

Last Sold April 05, 2024

Last sale price $399,000 $197 Per Sq Ft

Current estimated payment $2,579/month

135 Days on Market

Highlights

  • Remodeled in 2023
  • Colonial Architecture
  • Main Floor Bedroom
  • Gourmet Kitchen
  • Deck
  • No HOA

About This Home

As of April 2024

Experience the allure of Perryville's resurgence firsthand with this stunning Victorian-style residence, boasting three livable levels of exquisite charm. Perryville is undergoing a remarkable revitalization, rekindling the hometown ambiance it was renowned for.

This magnificent 4-bedroom, 2-full-bath home beckons with a host of desirable features. Step inside to discover a main-level bedroom complete with a dedicated bathroom, a formal living room, and a generously-sized gourmet kitchen with an adjoining dining area. The kitchen's focal point is a breathtaking granite-covered center island, perfect for hosting gatherings of 5-6 guests, complemented by ample cabinetry and pantry space for culinary enthusiasts.

Luxury vinyl plank flooring graces the floors, while recessed lighting and elegant ceiling fans adorn the rooms, creating an ambiance of sophistication throughout. Ascend to the second floor, where two additional bedrooms and a dedicated rear study await, sharing a beautifully appointed hall bath with ceramic tiled flooring.

Venture to the third floor retreat, a sanctuary boasting dedicated heating and air conditioning, accentuated by stunning architectural gables and ceiling-to-floor double hung windows that flood the space with natural light.

Outside, entertain on the rear deck or relax on the front wrap-around porch, ideal for enjoying the changing seasons. Convenience is paramount with off-street parking and a stamped concrete walkway.

Further enhancing the appeal is the city's commitment to repaving Otsego Street from Aiken Avenue down to Roundhouse, ensuring your home enjoys the benefits of new construction living.

Explore numerous financing options, including Rate Rescue, offered by our lenders. Don't miss this opportunity to make this meticulously crafted home yours. Come in, take a tour, and prepare to fall in love - your dream home awaits! (Note: Days on the market reflect the period during construction.)

We are thrilled to announce a significant improvement to our property: the relocation of the washer-dryer hookup to the main floor, facilitating one-level living and enhancing accessibility for all occupants. This strategic adjustment not only streamlines daily routines but also aligns with our commitment to providing optimal convenience and comfort to our residents. We believe this enhancement will greatly contribute to the overall satisfaction and functionality of our living space.

Last Agent to Sell the Property

Jorge Pimentel

Samson Properties Listed on: 10/27/2023

Samson Properties

Last Buyer's Agent

Adam Taylor

Cummings & Co. Realtors License #RS-0037202

Cummings & Co. Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,795

Year Built

  • Built in 1900 | Remodeled in 2023

Lot Details

  • 0.36 Acre Lot
  • New Home to be built to immediate left of new driveway.
  • Property is in excellent condition
  • Property is zoned TC

Home Design

  • Colonial Architecture
  • Stone Foundation
  • Architectural Shingle Roof

Interior Spaces

  • Property has 3 Levels
  • Ceiling Fan
  • Recessed Lighting
  • Insulated Windows
  • Double Hung Windows
  • Insulated Doors
  • Living Room
  • Dining Area
  • Unfinished Basement
  • Laundry in Basement
  • Washer and Dryer Hookup

Kitchen

  • Gourmet Kitchen
  • Breakfast Room
  • Self-Cleaning Oven
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • En-Suite Bathroom

Parking

  • Driveway
  • On-Street Parking
  • Off-Street Parking

Eco-Friendly Details

  • Energy-Efficient Windows

Outdoor Features

  • Deck
  • Exterior Lighting
  • Wrap Around Porch

Utilities

  • 90% Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Built by WR Phillips Investments
  • Perryville Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0807022905

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,795

Year Built

Built in 1900 | Remodeled in 2023

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: Yes
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • Expected On Market: 2023-10-27
  • Federal Flood Zone: No
  • Year Built: 1900
  • Year Renovated: 2023
  • Automatically Close On Close Date: No
  • Remarks Public: Experience the allure of Perryville's resurgence firsthand with this stunning Victorian-style residence, boasting three livable levels of exquisite charm. Perryville is undergoing a remarkable revitalization, rekindling the hometown ambiance it was renowned for. This magnificent 4-bedroom, 2-full-bath home beckons with a host of desirable features. Step inside to discover a main-level bedroom complete with a dedicated bathroom, a formal living room, and a generously-sized gourmet kitchen with an adjoining dining area. The kitchen's focal point is a breathtaking granite-covered center island, perfect for hosting gatherings of 5-6 guests, complemented by ample cabinetry and pantry space for culinary enthusiasts. Luxury vinyl plank flooring graces the floors, while recessed lighting and elegant ceiling fans adorn the rooms, creating an ambiance of sophistication throughout. Ascend to the second floor, where two additional bedrooms and a dedicated rear study await, sharing a beautifully appointed hall bath with ceramic tiled flooring. Venture to the third floor retreat, a sanctuary boasting dedicated heating and air conditioning, accentuated by stunning architectural gables and ceiling-to-floor double hung windows that flood the space with natural light. Outside, entertain on the rear deck or relax on the front wrap-around porch, ideal for enjoying the changing seasons. Convenience is paramount with off-street parking and a stamped concrete walkway. Further enhancing the appeal is the city's commitment to repaving Otsego Street from Aiken Avenue down to Roundhouse, ensuring your home enjoys the benefits of new construction living. Explore numerous financing options, including Rate Rescue, offered by our lenders. Don't miss this opportunity to make this meticulously crafted home yours. Come in, take a tour, and prepare to fall in love - your dream home awaits! (Note: Days on the market reflect the period during construction.) We are thrilled to announce a significant improvement to our property: the relocation of the washer-dryer hookup to the main floor, facilitating one-level living and enhancing accessibility for all occupants. This strategic adjustment not only streamlines daily routines but also aligns with our commitment to providing optimal convenience and comfort to our residents. We believe this enhancement will greatly contribute to the overall satisfaction and functionality of our living space.
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Exhaust Fan, Built-In Microwave, Oven - Self Cleaning, Oven - Single, Washer/Dryer Hookups Only
  • Entry Floor: 1
  • Flooring Type: Luxury Vinyl Plank
  • Interior Amenities: Primary Bath(s), Breakfast Area, Carpet, Ceiling Fan(s), Dining Area, Entry Level Bedroom, Kitchen - Gourmet, Kitchen - Island, Recessed Lighting
  • Window Features: Double Hung, Energy Efficient, Insulated
  • Fireplace: No
  • Door Features: Insulated
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Stone
  • Floors In Unit Count: 4
  • Levels Count: 3
  • Room Count: 10
  • Room List: Living Room, Primary Bedroom, Kitchen, Breakfast Room
  • Basement: Yes
  • Basement Type: Unfinished
  • Laundry Type: Basement, Hookup
  • Total Sq Ft: 2772
  • Living Area Sq Ft: 2030
  • Price Per Sq Ft: 196.55
  • Above Grade Finished Sq Ft: 2030
  • Below Grade Sq Ft: 742
  • Total Below Grade Sq Ft: 742
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 423

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Completed: No
  • Exterior Features: Exterior Lighting, Street Lights
  • Road Surface Type: Black Top
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street, Driveway, Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • 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: CECIL COUNTY PUBLIC SCHOOLS
  • School District Key: 121139799812
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Additional Parcels Description: New Home to be built to immediate left of new driveway.
  • Lot Size Acres: 0.36
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15800.00
  • Outdoor Living Structures: Deck(s), Porch(es), Wrap Around
  • Property Condition: Excellent
  • Year Assessed: 2023
  • Zoning: TC
  • In City Limits: No

Building Info

  • Builder Name: WR Phillips Investments

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2795.00
  • Assessor Parcel Number: 0807022905
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 04/05/2024

MLS Schools

  • School District Name: CECIL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2023
Closed on
Apr 5, 2024
Sold by
W R Phillips Inv Group Llc
Bought by
Petersen Eric Elton
Seller's Agent
Jorge Pimentel
Samson Properties
Buyer's Agent
Adam Taylor
Cummings & Co. Realtors
List Price
$450,000
Sold Price
$399,000
Premium/Discount to List
-$51,000
-11.33%
Views
635
Current Estimated Value
$399,430

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$430
Avg. Annual Appreciation
0.08%
Original Mortgage
$412,167
Interest Rate
6.88%
Mortgage Type
VA

Purchase Details

Listed on
Oct 21, 2022
Closed on
Feb 24, 2023
Sold by
Jones Pamela
Bought by
W R Phillips Investment Group Llc
Seller's Agent
Jorge Pimentel
Samson Properties
Buyer's Agent
TJ Bennett
Samson Properties
Sold Price
$160,000
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
127.79%
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
Petersen Eric Elton $399,000 Sanctuary Title
W R Phillips Investment Group Llc $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Petersen Eric Elton $417,706
Closed Delmarva Power & Light Company $0
Previous Owner Petersen Eric Elton $412,167
Previous Owner Prueitt Janet Mae $378,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2024 04/05/24 Sold $399,000 0.0% $197 / Sq Ft
03/11/2024 03/11/24 Pending -- -- --
03/04/2024 03/04/24 Off Market $399,000 -- --
02/09/2024 02/09/24 Price Changed $399,000 -1.5% $197 / Sq Ft
12/18/2023 12/18/23 Price Changed $405,000 -5.3% $200 / Sq Ft
11/24/2023 11/24/23 Price Changed $427,500 -5.0% $211 / Sq Ft
10/27/2023 10/27/23 For Sale $450,000 +181.3% $222 / Sq Ft
02/24/2023 02/24/23 Sold $160,000 0.0% $79 / Sq Ft
11/23/2022 11/23/22 Pending -- -- --
10/21/2022 10/21/22 Off Market $160,000 -- --
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 $4,699 $346,367 $0 $0
2023 $2,735 $186,300 $64,200 $122,100
2022 $2,419 $180,767 $0 $0
2021 $1,205 $175,233 $0 $0
2020 $858 $169,700 $64,200 $105,500
2019 $973 $162,667 $0 $0
2018 $945 $155,633 $0 $0
2017 $939 $148,600 $0 $0
2016 $1,841 $146,833 $0 $0
2015 $1,841 $145,067 $0 $0
2014 $1,609 $143,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDCC2009608

Bright MLS

APN: 07-022905