NOT LISTED FOR SALE

7314 Canal St Willards, MD 21874

Estimated Value: $253,000 - $291,000

5 Beds
3.5 Baths
2,725 Sq Ft
$99/Sq Ft Est. Value

Last Sold August 04, 2022

Last sale price $229,335 $84 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,486/month

5 Days on Market

Highlights

  • Private Pool
  • Colonial Architecture
  • Wood Flooring
  • Dual Staircase
  • Wood Burning Stove
  • Main Floor Bedroom

About This Home

As of August 2022

Looking for that fixer-upper? Need a lot of rooms? Ever wanted a secret room in your house? Check out this 5 bedroom / 3.5 bathroom house located in Willards, MD. This house needs a bit of work, but with a little effort, could really be something great! Relax by the backyard pool or check out the bedroom that is hidden behind a built-in bookshelf. Truly unique and the possibilities are endless! Floor plan and 360 virtual tour available! Call today to check out this distinctive home!

Last Agent to Sell the Property

Steven Parsons

(443) 235-1240 steveparsonsrealtor@gmail.com Coldwell Banker Realty License #RA-0031176 Listed on: 06/22/2022

Coldwell Banker Realty

Last Buyer's Agent

Cindy Poremski

(410) 430-9988 cindy@occonnection.com Berkshire Hathaway HomeServices PenFed Realty - OP License #510852

Berkshire Hathaway HomeServices PenFed Realty - OP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,288

Year Built

  • Built in 1919

Lot Details

  • 9,561 Sq Ft Lot
  • Wood Fence
  • Property is in below average condition

Home Design

  • Colonial Architecture
  • Block Foundation
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 2,725 Sq Ft Home
  • Property has 2 Levels
  • Dual Staircase
  • Built-In Features
  • Ceiling Fan
  • Wood Burning Stove
  • Dining Area
  • Storm Doors

Kitchen

  • Galley Kitchen
  • Electric Oven or Range
  • Microwave
  • Extra Refrigerator or Freezer
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Electric Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • 4 Driveway Spaces

Accessible Home Design

  • More Than Two Accessible Exits

Outdoor Features

  • Private Pool
  • Outbuilding

Schools

  • Willards Elementary School
  • Parkside High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2314000070

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,288

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1919
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer - Electric, Extra Refrigerator/Freezer, Microwave, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Interior Amenities: Built-Ins, Carpet, Ceiling Fan(s), Additional Stairway, Dining Area, Entry Level Bedroom, Kitchen - Galley, Primary Bath(s), Walk-In Closet(s), Wood Floors, Stove - Wood
  • Fireplace: No
  • Door Features: Storm
  • Foundation Details: Block
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Main Floor, Has Laundry
  • Total Sq Ft: 2725
  • Living Area Sq Ft: 2725
  • Price Per Sq Ft: 80.73
  • Above Grade Finished Sq Ft: 2725
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built, Vinyl Siding
  • Exterior Features: Outbuilding(s)
  • Road Surface Type: Paved
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes
  • Internet Services: Cable

Condo/Co-op/Association

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

Schools

  • Elementary School Source: Listing Agent
  • High School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: WILLARDS
  • High School: PARKSIDE

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Fencing: Wood
  • Lot Size Acres: 0.22
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9561.00
  • Property Condition: Below Average
  • Zoning: R
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1288.00
  • Assessor Parcel Number: 2314000070
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: WICOMICO COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2022
Closed on
Aug 4, 2022
Sold by
Randall Reeser
Bought by
Lauer Ronald W
Seller's Agent
Steven Parsons
Coldwell Banker Realty
Buyer's Agent
Cindy Poremski
Berkshire Hathaway HomeServices PenFed Realty - OP
List Price
$220,000
Sold Price
$229,335
Premium/Discount to List
$9,335
4.24%
Current Estimated Value
$268,922

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,587
Avg. Annual Appreciation
4.67%
Original Mortgage
$221,680
Outstanding Balance
$210,685
Interest Rate
5.3%
Mortgage Type
FHA
Estimated Equity
$58,237

Purchase Details

Closed on
Feb 1, 2021
Sold by
Reeser Randall
Bought by
Reeser Randall and Reeser Tanya Celeste

Purchase Details

Closed on
Mar 22, 2005
Sold by
Adkins Homer L and Adkins Sheryl J
Bought by
Reeser Randall

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
9.15%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 15, 2005
Sold by
Adkins Homer L and Adkins Sheryl J
Bought by
Reeser Randall

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
9.15%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 21, 1980
Sold by
Adkins Laura N
Bought by
Adkins Homer L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,500
Interest Rate
12.55%
Source: Public Records
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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
Lauer Ronald W $229,335 Capitol Title
Reeser Randall -- Mid Atlantic T&E Co Inc
Reeser Randall $92,000 --
Reeser Randall $92,000 --
Adkins Homer L $7,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lauer Ronald W $221,680
Previous Owner Reeser Randall $92,000
Previous Owner Reeser Randall $92,000
Previous Owner Adkins Homer L $8,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/04/2022 08/04/22 Sold $229,335 +4.2% $84 / Sq Ft
06/27/2022 06/27/22 Pending -- -- --
06/22/2022 06/22/22 For Sale $220,000 -- $81 / 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 $1,084 $115,400 $26,200 $89,200
2024 $1,040 $105,367 $0 $0
2023 $962 $95,333 $0 $0
2022 $889 $85,300 $26,200 $59,100
2021 $869 $83,533 $0 $0
2020 $863 $81,767 $0 $0
2019 $837 $80,000 $26,200 $53,800
2018 $1,205 $76,667 $0 $0
2017 $765 $73,333 $0 $0
2016 -- $70,000 $0 $0
2015 $774 $70,000 $0 $0
2014 $774 $70,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWC2005728

Bright MLS

APN: 14-000070