NOT LISTED FOR SALE

7109 Main St Queenstown, MD 21658

Estimated Value: $640,425

8 Beds
9 Baths
4,745 Sq Ft
$135/Sq Ft Est. Value

Last Sold November 18, 2022

Last sale price $550,000 $116 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,852/month

68 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Central Heating and Cooling System
  • Wood Flooring
  • Multiple cooling system units
  • Ceiling Fan

About This Home

As of November 2022

The possibilities are endless with this unique historic building in the quaint town of Queenstown, Maryland.
This wonderful building used to be run as an Inn/ Bed and Breakfast. It can operate as in B&B again, can be made back into a home or used for commercial use. Great rental income potential. This wonderful structure has separate apartments and a carriage house in the back.
This is a must see! Sold "As is"

Last Agent to Sell the Property

Annie Witte Raymond

(410) 310-9387 anniewitteraymond@gmail.com Coldwell Banker Realty Listed on: 05/07/2022

Coldwell Banker Realty

Co-Listed By

Martha Suss

(410) 310-4856 martha.suss@cbrealty.com Coldwell Banker Realty

Last Buyer's Agent

Cheri Bruce-Phipps

(443) 994-2164 cbrucephipps@ttrsir.com TTR Sotheby's International Realty License #645933

TTR Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,489

Year Built

  • Built in 1920

Lot Details

  • 0.4 Acre Lot
  • Property is zoned TC

Parking

  • Driveway

Home Design

  • Colonial Architecture
  • Brick Foundation
  • Frame Construction
  • Asbestos Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 4,745 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 8 Main Level Bedrooms

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Oil
  • Heat Pump System
  • Back Up Electric Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 1805002990

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,489

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2022-05-08
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Hardwood, Carpet
  • Foundation Details: Brick/Mortar
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 4745
  • Living Area Sq Ft: 4745
  • Price Per Sq Ft: 131.72
  • Above Grade Finished Sq Ft: 4745
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 8
  • Main Level Bedrooms: 8
  • Total Bathrooms: 9
  • Full Bathrooms: 7
  • Half Bathrooms: 2
  • Main Level Bathrooms: 9.00
  • Main Level Full Bathrooms: 7
  • Main Level Half Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Roof: Asbestos Shingle, Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C, Multi Units, Wall Unit
  • Heating Fuel: Electric, Oil
  • Heating Type: Heat Pump(s), Central, Heat Pump - Electric Backup
  • 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 Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 370600.00
  • Land Assessed Value: 87900.00
  • Lot Size Acres: 0.40
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 17598.00
  • Zoning: TC
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 4528276
  • Tax Annual Amount: 5489.00
  • Assessor Parcel Number: 1805002990
  • Tax Lot: 1
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2022
Closed on
Nov 18, 2022
Sold by
Barnes Joshua L
Bought by
Tab Investments Llc
Seller's Agent
Annie Witte Raymond
Coldwell Banker Realty
Buyer's Agent
Cheri Bruce-Phipps
TTR Sotheby's International Realty
List Price
$625,000
Sold Price
$550,000
Premium/Discount to List
-$75,000
-12%
Views
34
Current Estimated Value
$640,425

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,425
Avg. Annual Appreciation
5.19%
Original Mortgage
$385,000
Outstanding Balance
$373,061
Interest Rate
6.95%
Mortgage Type
Credit Line Revolving
Estimated Equity
$267,364

Purchase Details

Closed on
Jul 2, 2013
Sold by
Lydon Michael C and Barnes Joshua L
Bought by
Lydon Michael C and Barnes Joshua L

Purchase Details

Closed on
Jul 25, 2003
Sold by
Lydon Michael C and Lydon Joshua L
Bought by
Lydon Michael C

Purchase Details

Closed on
May 22, 2003
Sold by
Pappu Shyam S
Bought by
Lydon Michael C and Lydon Joshua L

Purchase Details

Closed on
Dec 11, 1996
Sold by
Burgess Elwood
Bought by
Pappu Shyam S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Tab Investments Llc $550,000 Community Title Network
Lydon Michael C -- None Available
Lydon Michael C -- --
Lydon Michael C $425,000 --
Pappu Shyam S $275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tab Investments Llc $385,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/18/2022 11/18/22 Sold $550,000 -12.0% $116 / Sq Ft
05/13/2022 05/13/22 For Sale $625,000 +13.6% $132 / Sq Ft
05/07/2022 05/07/22 Off Market $550,000 -- --
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 $5,725 $487,967 $0 $0
2024 $5,379 $458,500 $87,900 $370,600
2023 $5,379 $458,500 $87,900 $370,600
2022 $5,296 $458,500 $87,900 $370,600
2021 $5,263 $472,500 $87,900 $384,600
2020 $5,263 $472,500 $87,900 $384,600
2019 $5,169 $472,500 $87,900 $384,600
2018 $5,351 $498,500 $137,900 $360,600
2017 $5,198 $483,367 $0 $0
2016 -- $468,233 $0 $0
2015 $3,918 $453,100 $0 $0
2014 $3,918 $453,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDQA2003342

Bright MLS

APN: 05-002990