NOT LISTED FOR SALE

4847 Preston Rd Federalsburg, MD 21632

Estimated Value: $161,210 - $333,000

3 Beds
2 Baths
1,456 Sq Ft
$149/Sq Ft Est. Value

Last Sold May 18, 2015

Last sale price $25,000 $17 Per Sq Ft

Est. 765% increase in value since last sale

Current estimated payment $1,243/month

Highlights

  • 1.73 Acre Lot
  • No HOA
  • Heating Available
  • Farmhouse Style Home
  • Combination Kitchen and Dining Room

About This Home

As of May 2015

Offered AS IS and is eligible under the Freddie Mac First initiative through 3/1/2015.- owner occupants 2nd home buyers and qualified non-profits. Investor offers are eligible for review after 20 days of listing date. Earnest MUST be CERTIFIED and held with Champion Realty.

Last Agent to Sell the Property

Ruth Hosgood

(410) 725-4945 ruth.hosgood@lnf.com Long & Foster Real Estate, Inc. Listed on: 02/09/2015

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Ruth Hosgood

(410) 725-4945 ruth.hosgood@lnf.com Long & Foster Real Estate, Inc. Listed on: 02/09/2015

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 1.73 Acre Lot
  • Property is zoned AC

Home Design

  • Farmhouse Style Home
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • Combination Kitchen and Dining Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Heating Available
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 1012006497

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Farmhouse/National Folk
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1940
  • Remarks Public: Offered AS IS and is eligible under the Freddie Mac First initiative through 3/1/2015.- owner occupants 2nd home buyers and qualified non-profits. Investor offers are eligible for review after 20 days of listing date. Earnest MUST be CERTIFIED and held with Champion Realty.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Combination Kitchen/Dining
  • Fireplace: No
  • Levels Count: 2
  • Basement: No
  • Living Area Units: Square Feet
  • Street Number Modifier: 4847

Beds/Baths

  • Bedrooms: 3
  • 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: Vinyl Siding
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Heating: Yes
  • 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

Lot Info

  • Improvement Assessed Value: 48500.00
  • Land Assessed Value: 37100.00
  • Lot Size Acres: 1.73
  • Lot Size Area: 75359
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 75359.00
  • Property Attached Yn: No
  • Year Assessed: 2014
  • Zoning: AC

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5319627
  • Tax Annual Amount: 931.33
  • Assessor Parcel Number: 1012006497
  • Tax Lot: 2
  • Tax Total Finished Sq Ft: 1456
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014
  • Close Date: 05/18/2015

MLS Schools

  • School District Name: DORCHESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2015
Closed on
May 15, 2015
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Marion Michael W
Seller's Agent
Ruth Hosgood
Long & Foster Real Estate, Inc.
Buyer's Agent
Ruth Hosgood
Long & Foster Real Estate, Inc.
List Price
$49,900
Sold Price
$25,000
Premium/Discount to List
-$24,900
-49.9%
Current Estimated Value
$216,303

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,303
Avg. Annual Appreciation
22.98%

Purchase Details

Closed on
Jan 22, 2015
Sold by
Sullivan Laura H G O and Brady Erin M
Bought by
Federal Home Loan Mortgage Corporation
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
Marion Michael W $25,000 Fidelity Natl Title Ins Co
Federal Home Loan Mortgage Corporation $38,864 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/18/2015 05/18/15 Sold $25,000 -16.4% $17 / Sq Ft
04/21/2015 04/21/15 Pending -- -- --
03/26/2015 03/26/15 Price Changed $29,900 -25.1% $21 / Sq Ft
03/13/2015 03/13/15 Price Changed $39,900 -20.0% $27 / Sq Ft
02/09/2015 02/09/15 For Sale $49,900 -- $34 / 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 $1,185 $98,500 $0 $0
2024 $1,052 $92,100 $31,800 $60,300
2023 $1,052 $89,200 $0 $0
2022 $2,039 $86,300 $0 $0
2021 $982 $83,400 $31,800 $51,600
2020 $982 $82,933 $0 $0
2019 $977 $82,467 $0 $0
2018 $972 $82,000 $31,800 $50,200
2017 $951 $82,000 $0 $0
2016 -- $82,000 $0 $0
2015 -- $85,600 $0 $0
2014 -- $85,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001224793

Bright MLS

APN: 12-006497