NOT LISTED FOR SALE

561 Spear Rd Accident, MD 21520

Estimated Value: $248,000 - $368,000

3 Beds
2 Baths
1,536 Sq Ft
$198/Sq Ft Est. Value

Last Sold April 15, 2017

Last sale price $150,000 $98 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $1,723/month

39 Days on Market

Highlights

  • Wood Burning Stove
  • Farmhouse Style Home
  • Mud Room
  • Accident Elementary School Rated 9+
  • 1 Fireplace
  • No HOA

About This Home

As of April 2017

Recently renovated farm house on three level acres. Detached garage and a small outbuilding perfect for a studio, office, or workshop. Hardwood floors throughout. Cozy covered wraparound porch. Perfectly located between Accident and McHenry.

Last Agent to Sell the Property

Russell Bounds

(301) 387-2000 russell@railey.com Railey Realty, Inc. Listed on: 01/09/2017

Railey Realty, Inc.

Last Buyer's Agent

Joe Brewer

(301) 777-3232 jbrewer@atlanticbb.net Century 21 Potomac West License #602739

Century 21 Potomac West

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,762

Year Built

  • Built in 1865

Lot Details

  • 3 Acre Lot
  • The property's topography is level, moderate slope

Parking

  • Unpaved Parking

Home Design

  • Farmhouse Style Home
  • Slate Roof
  • Metal Roof

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Wood Burning Stove
  • Mud Room
  • Family Room
  • Dining Room
  • Basement
  • Exterior Basement Entry
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Office or Studio

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1205017610

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,762

Year Built

Built in 1865

Lot Details

3 Acres

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Farmhouse/National Folk
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • Year Built: 1865
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Dining Area
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3+
  • Room List: Dining Room, Kitchen, Family Room, Laundry, Mud Room
  • Basement: Yes
  • Basement Type: Outside Entrance
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Office/Studio
  • Other Structures List: Office/Studio
  • Construction Materials: Combination
  • Pool Private: No
  • Roof: Slate, Metal
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Unpaved

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Oil
  • Heating Type: Wood Burn Stove, Forced Air
  • 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: 129400.00
  • Land Assessed Value: 30500.00
  • Lot Size Acres: 3.00
  • Lot Size Area: 130680
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 130680.00
  • Property Attached Yn: No
  • Topography: Level, Moderate Slope

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15666915
  • Tax Annual Amount: 1762.10
  • Assessor Parcel Number: 1205017610
  • Tax Page Number: 186
  • Tax Year: 2015

MLS Schools

  • School District Name: GARRETT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2017
Closed on
Apr 13, 2017
Sold by
Cottangerental Llc
Bought by
Boyd Eric L and Boyd Allison J
Seller's Agent
Russell Bounds
Railey Realty, Inc.
Buyer's Agent
Joe Brewer
Century 21 Potomac West
List Price
$159,000
Sold Price
$150,000
Premium/Discount to List
-$9,000
-5.66%
Current Estimated Value
$304,421

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,421
Avg. Annual Appreciation
8.34%
Original Mortgage
$120,000
Outstanding Balance
$99,556
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$204,865

Purchase Details

Closed on
Dec 30, 2015
Sold by
Jan Lisa M
Bought by
Cottagerental Llc

Purchase Details

Closed on
Sep 8, 2006
Sold by
Morel Elizabeth J
Bought by
Eutsler Henry D and Eutsler Monie R

Purchase Details

Closed on
Sep 1, 2006
Sold by
Morel Elizabeth J
Bought by
Eutsler Henry D and Eutsler Monie R

Purchase Details

Closed on
Feb 2, 1999
Sold by
Spear Ruth H
Bought by
Spear William H

Purchase Details

Closed on
Sep 25, 1998
Sold by
Spear Ruth
Bought by
Moreland Elizabeth J
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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Purchase History

Date Buyer Sale Price Title Company
Boyd Eric L $150,000 Sage Title Group Llc
Cottagerental Llc -- Attorney
Eutsler Henry D $150,000 --
Eutsler Henry D $150,000 --
Spear William H -- --
Moreland Elizabeth J $50,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boyd Eric L $120,000
Closed Moreland Elizabeth J --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/15/2017 04/15/17 Sold $150,000 -5.7% $98 / Sq Ft
02/17/2017 02/17/17 Pending -- -- --
01/09/2017 01/09/17 For Sale $159,000 +10.4% $104 / Sq Ft
06/25/2015 06/25/15 Sold $144,000 -9.4% $94 / Sq Ft View Prior Sale
05/14/2015 05/14/15 Pending -- -- --
05/06/2015 05/06/15 For Sale $159,000 -- $104 / 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 $1,846 $180,567 $0 $0
2024 $1,835 $164,833 $0 $0
2023 $1,771 $149,100 $30,500 $118,600
2022 $1,756 $147,767 $0 $0
2021 $1,740 $146,433 $0 $0
2020 $1,725 $145,100 $30,500 $114,600
2019 $1,725 $145,100 $30,500 $114,600
2018 $1,629 $145,100 $30,500 $114,600
2017 $1,792 $159,900 $0 $0
2016 -- $159,900 $0 $0
2015 -- $159,900 $0 $0
2014 -- $160,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003181899

Bright MLS

APN: 05-017610

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