NOT LISTED FOR SALE

607 Academy Ave Federalsburg, MD 21632

Estimated Value: $144,000 - $281,288

3 Beds
1 Bath
1,148 Sq Ft
$207/Sq Ft Est. Value

Last Sold March 21, 2024

Last sale price $127,900 $111 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $1,386/month

72 Days on Market

Highlights

  • Rambler Architecture
  • 1 Attached Carport Space
  • Heat Pump System
  • No HOA

About This Home

As of March 2024

Bring your TLC and make this house your home. Nice one story living. Home offers 3 bedrooms, living room, and a sitting room. Nice screened in side porch. Two driveways and one carport. Property sold AS IS, Where IS. Buyers should do their own due diligence to measure property and confirm all information to their satisfaction including but not limited to schools, sizes, tax information.

Last Agent to Sell the Property

Lynette Bridges-Catha

Hileman Real Estate Inc-Salisbury License #RS0019451 Listed on: 12/23/2023

Last Buyer's Agent

Mark McGuire

Benson & Mangold, LLC License #586265

Benson & Mangold, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,255

Year Built

  • Built in 1957

Lot Details

  • 0.51 Acre Lot
  • Property is zoned R2

Home Design

  • Rambler Architecture
  • Vinyl Siding

Interior Spaces

  • 1,148 Sq Ft Home
  • Property has 1 Level
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • 1 Attached Carport Space
  • Dirt Driveway

Utilities

  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0605019494

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,255

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1957
  • Automatically Close On Close Date: No
  • Remarks Public: Bring your TLC and make this house your home. Nice one story living. Home offers 3 bedrooms, living room, and a sitting room. Nice screened in side porch. Two driveways and one carport. Property sold AS IS, Where IS. Buyers should do their own due diligence to measure property and confirm all information to their satisfaction including but not limited to schools, sizes, tax information.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1148
  • Living Area Sq Ft: 1148
  • Price Per Sq Ft: 115.42
  • Above Grade Finished Sq Ft: 1148
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 607

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • 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: Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Dirt Driveway
  • Attached Carport Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Carport

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • 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: CAROLINE COUNTY PUBLIC SCHOOLS
  • School District Key: 121139029245
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: R
  • Lot Size Acres: 0.51
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 22191.00
  • Year Assessed: 2023
  • Zoning: R2
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1255.00
  • Assessor Parcel Number: 0605019494
  • Tax Total Finished Sq Ft: 1148
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 03/21/2024

MLS Schools

  • School District Name: CAROLINE COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 17, 2024
Sold by
Bee Gary E and Bee Emily M
Bought by
Tibbs Dale L
Current Estimated Value
$237,822

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,000
Outstanding Balance
$198,064
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$40,550

Purchase Details

Listed on
Dec 23, 2023
Closed on
Mar 12, 2024
Sold by
Gs Mtg-Backed Securities Trust
Bought by
Bee Gary and Bee Emily
Seller's Agent
Lynette Bridges-Catha
Hileman Real Estate Inc-Salisbury
Buyer's Agent
Mark McGuire
Benson & Mangold, LLC
List Price
$161,200
Sold Price
$127,900
Premium/Discount to List
-$33,300
-20.66%
Views
220

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
53.28%

Purchase Details

Closed on
Jun 8, 2023
Sold by
Bierman Howard N
Bought by
Gs Mortgage-Backed Securities Trust

Purchase Details

Closed on
May 19, 2005
Sold by
Shufelt Rol and Shufelt W
Bought by
Shufelt Betty L And and Shufelt James E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,000
Interest Rate
8.85%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Tibbs Dale L $279,000 Evans Title
Bee Gary $127,900 Evans Title
Gs Mortgage-Backed Securities Trust $182,000 None Listed On Document
Shufelt Betty L And -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tibbs Dale L $199,000
Previous Owner Shufelt James E $148,012
Previous Owner Shufelt Betty L $116,000
Previous Owner Shufelt Betty L $25,000
Previous Owner Shufelt Betty L And $82,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2024 03/21/24 Sold $127,900 -3.5% $111 / Sq Ft
03/04/2024 03/04/24 Pending -- -- --
02/15/2024 02/15/24 Price Changed $132,500 -8.7% $115 / Sq Ft
01/18/2024 01/18/24 Price Changed $145,100 -10.0% $126 / Sq Ft
12/23/2023 12/23/23 For Sale $161,200 -- $140 / 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 $1,195 $119,267 $0 $0
2024 $1,195 $114,333 $0 $0
2023 $1,195 $109,400 $21,600 $87,800
2022 $1,100 $100,767 $0 $0
2021 $912 $92,133 $0 $0
2020 $912 $83,500 $21,600 $61,900
2019 $865 $79,233 $0 $0
2018 $819 $74,967 $0 $0
2017 $772 $70,700 $0 $0
2016 -- $70,700 $0 $0
2015 $1,019 $70,700 $0 $0
2014 $1,019 $96,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDCM2003784

Bright MLS

APN: 05-019494