NOT LISTED FOR SALE

4711 Preston Rd Federalsburg, MD 21632

Estimated Value: $165,000 - $197,000

3 Beds
1 Bath
1,400 Sq Ft
$133/Sq Ft Est. Value

Last Sold September 13, 2023

Last sale price $160,000 $114 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,143/month

27 Days on Market

Highlights

  • Rambler Architecture
  • 2 Car Attached Garage
  • Electric Baseboard Heater
  • No HOA
  • Central Air

About This Home

As of September 2023

Rancher-style property located on a spacious 1.2-acre lot. This property offers a unique opportunity to acquire a three-bedroom, 1 bathroom home encompassing approximately 1,400 +/- sqft. of living space. Two-car attached garage with a shed in the backyard. The property is being sold "as-is".

Last Agent to Sell the Property

Brian Gearhart

Benson & Mangold, LLC License #510143 Listed on: 06/16/2023

Benson & Mangold, LLC

Co-Listed By

Peter Stark

Benson & Mangold, LLC

Last Buyer's Agent

Romeo Santos

Coldwell Banker Realty

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,228

Year Built

  • Built in 1960

Lot Details

  • 1.2 Acre Lot
  • Property is zoned AC

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Rambler Architecture
  • Aluminum Siding

Interior Spaces

  • 1,400 Sq Ft Home
  • Property has 1 Level
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Air
  • Electric Baseboard Heater
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Federalsburg Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1012002203

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,228

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1960
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1400
  • Living Area Sq Ft: 1400
  • Price Per Sq Ft: 110.64
  • Above Grade Finished Sq Ft: 1400
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 4711

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: Aluminum Siding
  • 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
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

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: 1.20
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 52272.00
  • Year Assessed: 2023
  • Zoning: AC
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1228.00
  • Assessor Parcel Number: 1012002203
  • Tax Total Finished Sq Ft: 1400
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 09/13/2023

MLS Schools

  • School District Name: DORCHESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2023
Closed on
Sep 13, 2023
Sold by
Griffin Charles E
Bought by
Olson Kurtis-Lee
Seller's Agent
Brian Gearhart
Benson & Mangold, LLC
Buyer's Agent
Romeo Santos
Coldwell Banker Realty
List Price
$169,900
Sold Price
$160,000
Premium/Discount to List
-$9,900
-5.83%
Views
172
Current Estimated Value
$186,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,488
Avg. Annual Appreciation
6.47%
Original Mortgage
$182,013
Outstanding Balance
$176,985
Interest Rate
5%
Mortgage Type
FHA
Estimated Equity
$3,703
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
Olson Kurtis-Lee $160,000 Universal Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olson Kurtis-Lee $182,013
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2023 09/13/23 Sold $160,000 +3.3% $114 / Sq Ft
07/12/2023 07/12/23 Price Changed $154,900 -8.8% $111 / Sq Ft
06/16/2023 06/16/23 For Sale $169,900 -- $121 / 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 $1,526 $128,400 $0 $0
2024 $1,322 $116,600 $30,500 $86,100
2023 $1,322 $113,533 $0 $0
2022 $2,577 $110,467 $0 $0
2021 $1,239 $107,400 $30,500 $76,900
2020 $1,239 $106,067 $0 $0
2019 $1,225 $104,733 $0 $0
2018 $1,210 $103,400 $30,500 $72,900
2017 $1,183 $103,400 $0 $0
2016 -- $103,400 $0 $0
2015 -- $106,900 $0 $0
2014 -- $106,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brian Gearhart

    Seller's Agent in 2023

    Brian Gearhart

    Benson & Mangold, LLC

    (410) 310-5179

    334 Total Sales

    Brian Gearhart
    Section Image
  • Peter Stark

    Seller Co-Listing Agent in 2023

    Peter Stark

    Benson & Mangold, LLC

    (410) 253-2484

    92 Total Sales

    Peter Stark
    Section Image
  • Romeo Santos

    Buyer's Agent in 2023

    Romeo Santos

    Coldwell Banker (NRT-Southeast-MidAtlantic)

    (240) 401-8023

    114 Total Sales

    Romeo Santos
    Section Image
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Map

Source: Bright MLS

MLS Number: MDDO2005132

Bright MLS

APN: 12-002203

Maryland Dorchester County Federalsburg 21632

4711 Preston Rd, Federalsburg, MD

This home is located at 4711 Preston Rd, Federalsburg, MD 21632 since 16 June 2023 and is currently estimated at $186,488, approximately $133 per square foot. This property was built in 1960. 4711 Preston Rd is a home located in Dorchester County with nearby schools including Hurlock Elementary School, North Dorchester Middle School, and North Dorchester High School.

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