NOT LISTED FOR SALE

500 Academy St Hurlock, MD 21643

Estimated Value: $320,000 - $376,000

4 Beds
2 Baths
2,088 Sq Ft
$168/Sq Ft Est. Value

Last Sold October 16, 2023

Last sale price $329,000 $158 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,248/month

84 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Oversized Parking
  • Corner Lot
  • 2 Car Detached Garage
  • Central Air

About This Home

As of October 2023

This Colonial home rests in the heart of the town of Hurlock and is perfect for the large growing household or a house hack savvy investor. This home boasts 4 bedrooms, 2 full baths, large living room, kitchen with additional dining space, mudroom/laundry off the back entry, third floor attic space with ample storage, and a conditioned basement awaiting your visionary designs. And don’t forget about the large, 2-car detached garage with electric! On a corner lot with just over .25 acres you’ll have plenty of space for outdoor gatherings and ample off-street parking. Backing to farmland you’ll have total privacy in your backyard oasis. Currently being used as a live-in investment, this home can be substantially profitable with living in one room while renting the others out through “Furnished Finders” and “Airbnb” along with rental potential with the detached garage. Perfect location on the Eastern Shore to accommodate all of what Maryland has to offer from farmland, local waterways, public parks and boat ramps, historic towns and Artist retreats.

Last Agent to Sell the Property

Bevia Patrick

(410) 829-1481 info@thepatrickteam.com Keller Williams Flagship Listed on: 10/18/2022

Keller Williams Flagship

Last Buyer's Agent

Greg Johnson

(410) 251-4050 greg.johnson@era.com ERA Martin Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,128

Year Built

  • Built in 1935

Lot Details

  • 0.27 Acre Lot
  • Corner Lot

Parking

  • 2 Car Detached Garage
  • 10 Driveway Spaces
  • Oversized Parking
  • Front Facing Garage
  • Gravel Driveway

Home Design

  • Colonial Architecture
  • Poured Concrete
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 3 Levels
  • Partially Furnished
  • Ceiling Fan
  • Laundry on main level

Bedrooms and Bathrooms

  • 4 Bedrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Town Of Hurlock Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1015003723

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,128

Year Built

Built in 1935

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Contact Listing Agent
  • Inclusions: Contact Listing Agent
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2022-10-28
  • Year Built: 1935
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Foundation Details: Concrete Perimeter
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Unfinished, Poured Concrete, Interior Access, Full, Walkout Stairs
  • Laundry Type: Main Floor
  • Total Sq Ft: 3006
  • Living Area Sq Ft: 2088
  • Price Per Sq Ft: 155.65
  • Above Grade Finished Sq Ft: 2088
  • Below Grade Sq Ft: 918
  • Total Below Grade Sq Ft: 918
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • 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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl 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
  • Parking Features: Gravel Driveway
  • Garage Features: Oversized, Garage - Front Entry
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 12
  • Type Of Parking: Driveway, Detached Garage
  • Number of Spaces in Driveway: 10

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • 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 Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.27
  • Lot Dimensions: 60.00 x
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11850.00
  • Zoning: R-1
  • In City Limits: Yes

Rental Info

  • Furnished: Partially
  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3128.00
  • Assessor Parcel Number: 1015003723
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023

MLS Schools

  • School District Name: DORCHESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2022
Closed on
Oct 16, 2023
Sold by
Wells Loren F
Bought by
Mcdonald Timothy Alan and Mcdonald Kimberly
Seller's Agent
Bevia Patrick
Keller Williams Flagship
Buyer's Agent
Greg Johnson
ERA Martin Associates
List Price
$325,000
Sold Price
$329,000
Premium/Discount to List
$4,000
1.23%
Views
193
Current Estimated Value
$349,778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,778
Avg. Annual Appreciation
2.80%
Original Mortgage
$339,857
Outstanding Balance
$333,627
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$16,151

Purchase Details

Listed on
Jul 27, 2021
Closed on
Sep 17, 2021
Sold by
808 Pine Street Llc
Bought by
Wells Loren F
Seller's Agent
Jimmy Robinson
Benson & Mangold, LLC
Buyer's Agent
Penny Windsor
Benson & Mangold, LLC
List Price
$269,000
Sold Price
$270,000
Premium/Discount to List
$1,000
0.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.97%
Original Mortgage
$276,210
Interest Rate
2.8%
Mortgage Type
VA

Purchase Details

Closed on
Oct 7, 2020
Sold by
Alvis Victor E and Alvis Jeanette
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Sep 10, 1992
Sold by
Fooks Jeffrey L and Fooks Sheila N
Bought by
Alvis Victor E

Purchase Details

Closed on
Sep 11, 1991
Sold by
Grinnell Charles N And
Bought by
Fooks Jeffrey L and Fooks Sheila N
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Mcdonald Timothy Alan $329,000 Mid Atlantic Title
Wells Loren F $270,000 Real Estate Title And Escrow
Federal Home Loan Mortgage Corporation $123,496 None Available
Alvis Victor E $67,300 --
Fooks Jeffrey L $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcdonald Timothy Alan $339,857
Previous Owner Wells Loren F $276,210
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/16/2023 10/16/23 Sold $329,000 +1.2% $158 / Sq Ft
09/09/2023 09/09/23 Pending -- -- --
06/16/2023 06/16/23 For Sale $325,000 -1.2% $156 / Sq Ft
10/18/2022 10/18/22 Off Market $329,000 -- --
09/17/2021 09/17/21 Sold $270,000 +0.4% $129 / Sq Ft View Prior Sale
07/27/2021 07/27/21 For Sale $269,000 +371.9% $129 / Sq Ft
04/23/2021 04/23/21 Sold $57,000 -4.8% $27 / Sq Ft View Prior Sale
04/01/2021 04/01/21 Pending -- -- --
04/01/2021 04/01/21 For Sale $59,900 +5.1% $29 / Sq Ft
03/17/2021 03/17/21 Off Market $57,000 -- --
03/08/2021 03/08/21 Price Changed $59,900 -49.6% $29 / Sq Ft
01/26/2021 01/26/21 For Sale $118,900 -- $57 / 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 $5,048 $292,000 $0 $0
2024 $3,937 $268,800 $26,700 $242,100
2023 $3,937 $220,267 $0 $0
2022 $6,255 $171,733 $0 $0
2021 $2,208 $123,200 $21,700 $101,500
2020 $2,208 $119,133 $0 $0
2019 $2,133 $115,067 $0 $0
2018 $2,056 $111,000 $21,700 $89,300
2017 $2,029 $109,700 $0 $0
2016 -- $108,400 $0 $0
2015 -- $107,100 $0 $0
2014 -- $107,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDDO2003622

Bright MLS

APN: 15-003723