NOT LISTED FOR SALE

5549 Galestown Newhart Mill Rd Seaford, MD 19973

Estimated Value: $211,000 - $518,000

5 Beds
2.5 Baths
2,436 Sq Ft
$141/Sq Ft Est. Value

Last Sold October 26, 2017

Last sale price $56,000 $23 Per Sq Ft

Est. 515% increase in value since last sale

Current estimated payment $2,128/month

698 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Stream or River on Lot
  • No HOA
  • Colonial Architecture
  • Combination Kitchen and Living
  • 1-minute walk to Galestown Community Center And Park

About This Home

As of October 2017

Reduced seller says he wants it sold. Large Brick home with retail space attached. Live and work from home or receive rental income from business or rentals.

Last Agent to Sell the Property

David Kaufmann

Eastern Shore Real Estate, LLC License #596964 Listed on: 10/01/2015

Last Buyer's Agent

David Kaufmann

Eastern Shore Real Estate, LLC License #596964 Listed on: 10/01/2015

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1962

Lot Details

  • 0.96 Acre Lot
  • 100 Feet of Waterfront
  • Home fronts navigable water
  • Property is zoned AC

Parking

  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Combination Foundation

Interior Spaces

  • Property has 3 Levels
  • Combination Kitchen and Living
  • Water Views
  • Basement

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms

Outdoor Features

  • Water Access
  • River Nearby
  • Stream or River on Lot

Utilities

  • Cooling Available
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1001008846

Home Details

Home Type

Single Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1962
  • Remarks Public: Reduced seller says he wants it sold. Large Brick home with retail space attached. Live and work from home or receive rental income from business or rentals.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Combination Kitchen/Living
  • Fireplace: No
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Combination
  • Living Area Units: Square Feet
  • Street Number Modifier: 5549

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 5
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Construction Materials: Brick
  • Pool Private: No
  • View: Water
  • View: Yes
  • Water Access: Yes
  • Water Body Name: UNKNOWN
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 100

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 128600.00
  • Land Assessed Value: 35200.00
  • Lot Size Acres: 0.96
  • Lot Size Area: 41817
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 41817.00
  • Property Attached Yn: No
  • Year Assessed: 2015
  • Zoning: AC
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5303210
  • Tax Annual Amount: 2289.92
  • Assessor Parcel Number: 1001008846
  • Tax Total Finished Sq Ft: 2436
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015
  • Close Date: 10/26/2017

Multi Family

  • Dock Slip Conveyance: None Available
  • Mean Low Water Feet: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 28, 2011
Sold by
Selene Rmof Reo Acquisition Ii
Bought by
Francis Michael
Total Days on Market
698
Current Estimated Value
$344,660

Purchase Details

Closed on
Feb 28, 2011
Sold by
Selene Rmof Reo Acquisition Ii
Bought by
Francis Michael

Purchase Details

Closed on
Feb 1, 2010
Sold by
Bean Taylor
Bought by
Selene Rmof Reo Acquisition Ii Llc

Purchase Details

Closed on
Jan 11, 2008
Sold by
Contreras Cecilia
Bought by
Taylor Bean & Whitaker Mortgage

Purchase Details

Closed on
Apr 3, 2007
Sold by
Contreras Cecilia
Bought by
Taylor Bean & Whitaker Mortgage and Corporation

Purchase Details

Closed on
May 1, 2006
Sold by
Wheedleton Charles Edward
Bought by
Contreras Cecilia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 17, 2005
Sold by
Wheedleton Charles Edward
Bought by
Contreras Cecilia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.73%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 26, 1998
Sold by
Wheedleton Elijah W
Bought by
Wheedleton Charles Edward
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
Francis Michael $37,500 --
Francis Michael $37,500 --
Francis Michael $37,500 --
Francis Michael $37,500 --
Selene Rmof Reo Acquisition Ii Llc $58,971 --
Selene Rmof Reo Acquisition Ii Llc $58,971 --
Taylor Bean & Whitaker Mortgage $168,411 --
Taylor Bean & Whitaker Mortgage $168,411 --
Taylor Bean & Whitaker Mortgage $168,411 --
Taylor Bean & Whitaker Mortgage $168,411 --
Contreras Cecilia $155,000 --
Contreras Cecilia $155,000 --
Contreras Cecilia $155,000 --
Contreras Cecilia $155,000 --
Wheedleton Charles Edward -- --
Wheedleton Charles Edward -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Francis Michael $56,000
Closed Littleton Ronald J $40,000
Previous Owner Contreras Cecilia $155,000
Previous Owner Contreras Cecilia $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2017 10/26/17 Sold $56,000 -29.1% $23 / Sq Ft
08/29/2017 08/29/17 Pending -- -- --
06/08/2017 06/08/17 Price Changed $79,000 -33.6% $32 / Sq Ft
10/01/2016 10/01/16 Price Changed $119,000 -25.6% $49 / Sq Ft
10/01/2015 10/01/15 For Sale $160,000 -- $66 / 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 $2,995 $202,233 $0 $0
2024 $2,675 $188,400 $29,700 $158,700
2023 $2,675 $184,000 $0 $0
2022 $5,225 $179,600 $0 $0
2021 $2,493 $175,200 $29,700 $145,500
2020 $2,493 $171,233 $0 $0
2019 $2,437 $167,267 $0 $0
2018 $2,381 $163,300 $29,700 $133,600
2017 $2,340 $163,300 $0 $0
2016 -- $163,300 $0 $0
2015 $1,441 $163,800 $0 $0
2014 $1,441 $163,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000179409

Bright MLS

APN: 01-008846