NOT LISTED FOR SALE

502 William St Berlin, MD 21811

Estimated Value: $414,000 - $444,600

3 Beds
2 Baths
1,493 Sq Ft
$289/Sq Ft Est. Value

Last Sold February 14, 2020

Last sale price $245,000 $164 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $2,656/month

64 Days on Market

Highlights

  • Rambler Architecture
  • Wood Flooring
  • 1 Car Detached Garage
  • Buckingham Elementary School Rated A-
  • No HOA
  • Window Unit Cooling System

About This Home

As of February 2020

HUGE PRICE ADJUSTMENT!!!! Investor Alert!!! This perfectly located 3 bedroom 2 bathroom home is waiting for you! This home is a perfect rental with two apartments each with full kitchens. One kitchen is newly remodeled with brand new stainless steel appliances. You have the ability to get creative and live in one side while renting the other, use one apartment as an in-law suite or open the door in the center and enjoy it as a single family home. There is also a detached garage and large backyard perfect for entertaining. Within walking distance of downtown Berlin where there is plenty of shopping and excellent restaurants. This is a must see home so don't miss out on this unique opportunity!

Last Agent to Sell the Property

Brittani Phillips

(410) 641-5000 brittani.phillips@era.com ERA Martin Associates, Shamrock Division Listed on: 10/29/2019

Last Buyer's Agent

Jennifer Light

(410) 543-4545 greg.goldman@cbmove.com Coldwell Banker Realty License #670211

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,092

Year Built

  • Built in 1950

Lot Details

  • 4,150 Sq Ft Lot
  • Lot Dimensions are 25.00 x 166.00
  • Property is zoned R-2

Parking

  • 1 Car Detached Garage
  • Side Facing Garage
  • Driveway

Home Design

  • Rambler Architecture
  • Entry on the 1st floor
  • Block Foundation
  • Architectural Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 1,493 Sq Ft Home
  • Property has 1 Level
  • Wood Flooring

Kitchen

  • Electric Oven or Range
  • Extra Refrigerator or Freezer

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Accessible Home Design

  • Level Entry For Accessibility

Schools

  • Buckingham Elementary School
  • Stephen Decatur Middle School
  • Stephen Decatur High School

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1664
  • Assessor Parcel Number 03-033627

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,092

Year Built

Built in 1950

Lot Details

4,150 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven/Range - Electric, Extra Refrigerator/Freezer, Refrigerator
  • Entry Floor: 1
  • Flooring Type: Hardwood
  • Fireplace: No
  • Foundation Details: Block
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1493
  • Living Area Sq Ft: 1493
  • Price Per Sq Ft: 167.38
  • Above Grade Finished Sq Ft: 1493
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding
  • Roof: Architectural Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Side Entry
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Detached Garage, Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Electric, Oil
  • Heating Type: Hot Water, Baseboard - Electric
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: BUCKINGHAM
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: STEPHEN DECATUR

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Lot Size Acres: 0.10
  • Lot Dimensions: 25.00 x 166.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4150.00
  • Zoning: R-2
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 5380652
  • Tax Annual Amount: 3092.00
  • Assessor Parcel Number: 03-033627
  • Tax Lot: 1664
  • Tax Page Number: 1
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2019

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2019
Closed on
Feb 18, 2020
Sold by
502 William Street Llc
Bought by
Herfel George Edward and Lynch Katherine T
Seller's Agent
Brittani Phillips
ERA Martin Associates, Shamrock Division
Buyer's Agent
Jennifer Light
Coldwell Banker Realty
List Price
$269,900
Sold Price
$245,000
Premium/Discount to List
-$24,900
-9.23%
Current Estimated Value
$431,150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,150
Avg. Annual Appreciation
9.86%
Original Mortgage
$229,955
Outstanding Balance
$201,896
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$229,254

Purchase Details

Closed on
Apr 15, 2017
Sold by
Bright Arlette K and Bright Bruce F
Bought by
502 William Street Llc

Purchase Details

Closed on
Mar 19, 2013
Sold by
Wells Yvette Kelly
Bought by
Bright Bruce F and Bright Arlette K

Purchase Details

Closed on
Nov 15, 2005
Sold by
Arline Grantham M
Bought by
Kelly Wells Yvette

Purchase Details

Closed on
Oct 4, 1996
Sold by
Arline Grazier M
Bought by
Arline Grantham M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Herfel George Edward $245,000 Dba Real Estate T&E
502 William Street Llc -- None Available
Bright Bruce F $100,000 None Available
Kelly Wells Yvette -- --
Arline Grantham M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herfel George Edward $229,955
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/14/2020 02/14/20 Sold $245,000 -2.0% $164 / Sq Ft
12/10/2019 12/10/19 Price Changed $249,900 -7.4% $167 / Sq Ft
10/29/2019 10/29/19 For Sale $269,900 -- $181 / Sq Ft
Source: Bright MLS

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 $5,225 $299,233 $0 $0
2024 $4,673 $263,100 $105,000 $158,100
2023 $4,182 $235,467 $0 $0
2022 $3,665 $207,833 $0 $0
2021 $3,193 $180,200 $105,000 $75,200
2020 $3,092 $175,967 $0 $0
2019 $3,017 $171,733 $0 $0
2018 $2,713 $167,500 $105,000 $62,500
2017 $2,412 $157,867 $0 $0
2016 -- $148,233 $0 $0
2015 $2,255 $138,600 $0 $0
2014 $2,255 $138,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO109950

Bright MLS

APN: 03-033627

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