NOT LISTED FOR SALE

5511 Main St Grasonville, MD 21638

Estimated Value: $171,000 - $263,000

2 Beds
1 Bath
918 Sq Ft
$242/Sq Ft Est. Value

Last Sold September 02, 2020

Last sale price $55,000 $60 Per Sq Ft

Est. 304% increase in value since last sale

Current estimated payment $1,317/month

Highlights

  • No HOA
  • 2 Car Detached Garage
  • Heating Available
  • Grasonville Elementary School Rated A-
  • Bungalow

About This Home

As of September 2020

Great opportunity for investor. 2 bedroom bungalow close to schools and quick access to rt 50. Home needs work, could be tear down or repair. Great 2 car detached garage . Public sewer and has it's own well. Can't beat this price.

Last Agent to Sell the Property

Jonathan Olsavsky

(410) 490-0369 jonathan@watermanrealty.com Coldwell Banker Waterman Realty License #324117 Listed on: 02/18/2020

Coldwell Banker Waterman Realty

Last Buyer's Agent

Jim Davidson

(443) 336-3070 jimd@watermanrealty.com Coldwell Banker Waterman Realty

Coldwell Banker Waterman Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948

Lot Details

  • 6,316 Sq Ft Lot
  • Property is zoned NC20T

Parking

  • 2 Car Detached Garage
  • Front Facing Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Bungalow

Interior Spaces

  • 918 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Window Unit Cooling System
  • Heating Available
  • Well
  • Bottled Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1805018382

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1948
  • Automatically Close On Close Date: No
  • Remarks Public: Great opportunity for investor. 2 bedroom bungalow close to schools and quick access to rt 50. Home needs work, could be tear down or repair. Great 2 car detached garage . Public sewer and has it's own well. Can't beat this price.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 918
  • Living Area Sq Ft: 918
  • Price Per Sq Ft: 97.93
  • Above Grade Finished Sq Ft: 918
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5511

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • 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: Mixed
  • 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
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Off Street, Detached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Electric
  • Heating: Yes
  • Hot Water: Bottled Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: QUEEN ANNE'S COUNTY PUBLIC SCHOOLS
  • School District Key: 121137777627
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 55100.00
  • Land Assessed Value: 95300.00
  • Land Use Code: 110
  • Lot Size Acres: 0.14
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6316.00
  • Year Assessed: 2020
  • Zoning: NC20T
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4529611
  • Tax Annual Amount: 1398.00
  • Assessor Parcel Number: 1805018382
  • Tax Total Finished Sq Ft: 918
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 09/02/2020

MLS Schools

  • School District Name: QUEEN ANNE'S COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2020
Closed on
Oct 23, 2020
Sold by
Davidson James B
Bought by
Deighan Richard B
Seller's Agent
Jonathan Olsavsky
Coldwell Banker Waterman Realty
Buyer's Agent
Jim Davidson
Coldwell Banker Waterman Realty
List Price
$89,900
Sold Price
$55,000
Premium/Discount to List
-$34,900
-38.82%
Current Estimated Value
$222,377

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,377
Avg. Annual Appreciation
31.30%
Original Mortgage
$136,570
Outstanding Balance
$121,250
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$101,127

Purchase Details

Listed on
Feb 18, 2020
Closed on
Sep 2, 2020
Sold by
Washington Lee
Bought by
Davidson James B
Seller's Agent
Jonathan Olsavsky
Coldwell Banker Waterman Realty
Buyer's Agent
Jim Davidson
Coldwell Banker Waterman Realty
List Price
$89,900
Sold Price
$55,000
Premium/Discount to List
-$34,900
-38.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,570
Outstanding Balance
$121,250
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$101,127
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
Deighan Richard B $133,500 Brilliant Title
Davidson James B $55,000 Brilliant Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deighan Richard B $136,570
Previous Owner Davidson James B $69,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/02/2020 09/02/20 Sold $55,000 -38.8% $60 / Sq Ft
07/09/2020 07/09/20 Pending -- -- --
06/23/2020 06/23/20 For Sale $89,900 0.0% $98 / Sq Ft
04/16/2020 04/16/20 Pending -- -- --
04/09/2020 04/09/20 Price Changed $89,900 -10.0% $98 / Sq Ft
03/10/2020 03/10/20 Price Changed $99,900 -14.2% $109 / Sq Ft
02/18/2020 02/18/20 For Sale $116,450 -- $127 / 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 $1,645 $190,233 $0 $0
2024 $1,645 $174,600 $121,200 $53,400
2023 $1,571 $166,833 $0 $0
2022 $1,497 $159,067 $0 $0
2021 $1,451 $151,300 $96,200 $55,100
2020 $1,399 $145,833 $0 $0
2019 $1,355 $141,267 $0 $0
2018 $1,311 $136,700 $85,300 $51,400
2017 $1,189 $130,333 $0 $0
2016 -- $123,967 $0 $0
2015 $918 $117,600 $0 $0
2014 $918 $117,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDQA142968

Bright MLS

APN: 05-018382