NOT LISTED FOR SALE

707 Academy Ave Federalsburg, MD 21632

Estimated Value: $155,000 - $262,000

2 Beds
1 Bath
936 Sq Ft
$223/Sq Ft Est. Value

Last Sold February 21, 2020

Last sale price $56,000 $60 Per Sq Ft

Est. 273% increase in value since last sale

Current estimated payment $1,211/month

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Living Room
  • No HOA
  • Built-In Features
  • Laundry Room

About This Home

As of February 2020

Cute as a button is this little bungalow for a first time home buyer or downsizing. Lovingly updated with a wood front door and wood trim. Hardwood floors too. This home comes with almost an acre of land. Plenty of off street parking and 2 car detached garage. Mature trees. All HUD homes are sold "AS IS".

Last Agent to Sell the Property

Megan Maule

(302) 740-5650 meganmaule@gmail.com Century 21 Harrington Realty, Inc License #0020890 Listed on: 01/03/2020

Century 21 Harrington Realty, Inc

Last Buyer's Agent

Ronald Molock

(410) 603-6411 ronald.molock@lnf.com Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,248

Year Built

  • Built in 1954

Lot Details

  • 0.81 Acre Lot
  • Property is zoned R2

Parking

  • 2 Car Detached Garage
  • Front Facing Garage

Home Design

  • Bungalow
  • Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 936 Sq Ft Home
  • Property has 1 Level
  • Built-In Features
  • Living Room
  • Combination Kitchen and Dining Room
  • Crawl Space
  • Laundry Room

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Window Unit Cooling System
  • Electric Baseboard Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Federalsburg Subdivision

Listing and Financial Details

  • Tax Lot 35
  • Assessor Parcel Number 0605010756

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,248

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1954
  • Remarks Public: Cute as a button is this little bungalow for a first time home buyer or downsizing. Lovingly updated with a wood front door and wood trim. Hardwood floors too. This home comes with almost an acre of land. Plenty of off street parking and 2 car detached garage. Mature trees. All HUD homes are sold "AS IS".
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Hardwood, Vinyl
  • Interior Amenities: Built-Ins, Combination Kitchen/Dining
  • Fireplace: No
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Room List: Living Room, Bedroom 2, Kitchen, Bedroom 1, Laundry
  • Basement: No
  • Total Sq Ft: 936
  • Living Area Sq Ft: 936
  • Price Per Sq Ft: 63.03
  • Above Grade Finished Sq Ft: 936
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 707

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: Stick Built, Vinyl Siding
  • Roof: Shingle
  • Spa: No
  • 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: Detached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Sewer/Septic System: Septic Exists
  • Utilities: Cable Tv Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: CAROLINE COUNTY PUBLIC SCHOOLS
  • School District Key: 121139029245
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 74600.00
  • Land Assessed Value: 41400.00
  • Land Use Code: 110
  • Lot Size Acres: 0.81
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 35150.00
  • Year Assessed: 2019
  • Zoning: R2
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4492902
  • Tax Annual Amount: 1248.00
  • Assessor Parcel Number: 0605010756
  • Tax Lot: 35
  • Tax Total Finished Sq Ft: 936
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 02/21/2020

MLS Schools

  • School District Name: CAROLINE COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2020
Closed on
Feb 21, 2020
Sold by
Secretary Of Housing & Urban Development
Bought by
Copper Kevin
Seller's Agent
Megan Maule
Century 21 Harrington Realty, Inc
Buyer's Agent
Ronald Molock
Long & Foster Real Estate, Inc.
List Price
$59,000
Sold Price
$56,000
Premium/Discount to List
-$3,000
-5.08%
Current Estimated Value
$208,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,827
Avg. Annual Appreciation
25.20%

Purchase Details

Closed on
Nov 21, 2019
Sold by
Embrace Home Loans Inc
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
May 28, 2019
Sold by
Krashoc Kevin
Bought by
Krashoc Nohea

Purchase Details

Closed on
Feb 7, 2019
Sold by
Krashoc Kevin
Bought by
Embrace Home Loans Inc

Purchase Details

Closed on
Sep 12, 2011
Sold by
Kritzer Sara H
Bought by
Krashoe Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,285
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 5, 2011
Sold by
Kritzer Sara H
Bought by
Krashoe Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,285
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 10, 2008
Sold by
Kritzer Sara H
Bought by
Kritzer Sara H

Purchase Details

Closed on
Oct 7, 2008
Sold by
Kritzer Sara H
Bought by
Kritzer Sara H

Purchase Details

Closed on
Aug 29, 1992
Sold by
Krieger William Frederick
Bought by
Kritzer Sara H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,500
Interest Rate
8.01%
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
Copper Kevin $56,000 Real Estate Title & Escrow
Secretary Of Housing & Urban Development -- None Available
Krashoc Nohea -- None Available
Embrace Home Loans Inc $91,200 None Available
Krashoe Kevin $82,500 --
Krashoe Kevin $82,500 --
Krashoe Kevin $82,500 --
Krashoe Kevin $82,500 --
Kritzer Sara H -- --
Kritzer Sara H -- --
Kritzer Sara H $57,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Krashoe Kevin $79,285
Previous Owner Krashoe Kevin $79,285
Previous Owner Kritzer Sara H $50,000
Previous Owner Kritzer Sara H $57,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2020 02/21/20 Sold $56,000 -5.1% $60 / Sq Ft
01/22/2020 01/22/20 Pending -- -- --
01/03/2020 01/03/20 For Sale $59,000 -- $63 / 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 $1,180 $127,367 $0 $0
2024 $1,180 $117,733 $0 $0
2023 $1,180 $108,100 $41,400 $66,700
2022 $1,180 $108,100 $41,400 $66,700
2021 $0 $108,100 $41,400 $66,700
2020 $0 $116,000 $41,400 $74,600
2019 $1,188 $108,800 $0 $0
2018 $1,109 $101,600 $0 $0
2017 $1,031 $94,400 $0 $0
2016 -- $94,400 $0 $0
2015 $1,058 $94,400 $0 $0
2014 $1,058 $115,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDCM123488

Bright MLS

APN: 05-010756