$199,500
SOLD OCT 30, 2020

503 E Potomac St Brunswick, MD 21716

4 Beds
2 Baths
1,862 Sq Ft
2,500 Sq Ft Lot

Recently Sold

$107 Per Sq Ft

7% Below List Price

16 Days on Market

Highlights

  • Traditional Architecture
  • Community Pool
  • Hot Water Heating System
  • No HOA
  • Central Air

About This Home

As of October 2020

SMART BUY ALERT! Property split into 2 residences. Upper residence 2 bedrooms, 1 full bath fully updated and renovated with living room and kitchen. Lower residence 2 beds, 1 full bath with living room and kitchen. Both apartments recently renovated. 2nd floor is currently unoccupied with no Lease in place. Lease on 1st floor thru Dec. 2020. Annual rental income $20,000+. Potential to purchase/finance as primary residence with tenant in 1st floor apartment paying the vast majority of your mortgage/bills! Inquire with Listing Agent for more info on great programs to make this SMART BUY! Also a great investment property to rent both apartments. P/L equals +$15k annually passive income. Separately metered. Don't miss this one! 24 hour notice on showings out of respect for Tenants privacy.

Last Agent to Sell the Property

JT Smith

Compass Listed on: 09/02/2020

Compass

Last Buyer's Agent

Pamela Simmons

Mackintosh, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,149

Year Built

  • Built in 1910

Lot Details

  • 2,500 Sq Ft Lot

Home Design

  • Traditional Architecture
  • Shingle Siding
  • Stone Siding

Interior Spaces

  • Property has 2 Levels

Bedrooms and Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • 3 Open Parking Spaces
  • Parking Lot

Utilities

  • Central Air
  • Heating System Uses Oil
  • Hot Water Heating System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1125469607

Community Details

Overview

  • No Home Owners Association
  • Brunswick Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,149

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1910
  • Automatically Close On Close Date: No
  • Remarks Public: SMART BUY ALERT! Property split into 2 residences. Upper residence 2 bedrooms, 1 full bath fully updated and renovated with living room and kitchen. Lower residence 2 beds, 1 full bath with living room and kitchen. Both apartments recently renovated. 2nd floor is currently unoccupied with no Lease in place. Lease on 1st floor thru Dec. 2020. Annual rental income $20,000+. Potential to purchase/finance as primary residence with tenant in 1st floor apartment paying the vast majority of your mortgage/bills! Inquire with Listing Agent for more info on great programs to make this SMART BUY! Also a great investment property to rent both apartments. P/L equals +$15k annually passive income. Separately metered. Don't miss this one! 24 hour notice on showings out of respect for Tenants privacy.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Interior Access, Full
  • Total Sq Ft: 2712
  • Living Area Sq Ft: 1862
  • Price Per Sq Ft: 110.10
  • Above Grade Finished Sq Ft: 1862
  • Below Grade Sq Ft: 850
  • Total Below Grade Sq Ft: 850
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 503

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 2
  • 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 Materials: Stone, Shingle Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 3
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric, Oil
  • Heating Type: Hot Water
  • 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: FREDERICK COUNTY PUBLIC SCHOOLS
  • School District Key: 121139693024
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.06
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2500.00
  • Zoning: R
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2149.00
  • Assessor Parcel Number: 1125469607
  • Tax Year: 2018
  • Close Date: 10/30/2020

MLS Schools

  • School District Name: FREDERICK COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2020
Closed on
Oct 30, 2020
Sold by
503 Llc
Bought by
Conrad Ian R and Macalpine Jill K
Seller's Agent
JT Smith
Compass
Buyer's Agent
Pamela Simmons
Mackintosh, Inc.
List Price
$214,900
Sold Price
$199,500
Premium/Discount to List
-$15,400
-7.17%

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
$159,600
Outstanding Balance
$142,915
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$168,303

Purchase Details

Closed on
Mar 25, 2002
Sold by
Sparrow David K and Sparrow Terry A
Bought by
503 Llc

Purchase Details

Closed on
Oct 22, 1993
Sold by
Metcalf W W
Bought by
Sparrow David K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
6.73%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $199,500 None Available
Deed $84,000 --
Deed $70,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $159,600 Commercial
Previous Owner $200,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $20,000 No Value Available
Closed -- No Value Available
Closed $57,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2025 07/11/25 For Sale $315,000 +57.9% $169 / Sq Ft
10/30/2020 10/30/20 Sold $199,500 -2.7% $107 / Sq Ft
09/18/2020 09/18/20 Pending -- -- --
09/15/2020 09/15/20 Price Changed $205,000 -4.6% $110 / Sq Ft
09/02/2020 09/02/20 For Sale $214,900 -- $115 / 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
2024 $3,430 $207,200 $60,000 $147,200
2023 $3,049 $189,400 $0 $0
2022 $2,770 $171,600 $0 $0
2021 $2,492 $153,800 $35,000 $118,800
2020 $2,366 $145,700 $0 $0
2019 $2,239 $137,600 $0 $0
2018 $2,062 $129,500 $25,000 $104,500
2017 $2,118 $129,500 $0 $0
2016 $2,123 $127,433 $0 $0
2015 $2,123 $126,400 $0 $0
2014 $2,123 $126,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDFR270262

Bright MLS

APN: 25-469607