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108 Academy Street

108 Academy Street, Secretary, MD 21664
Property in Dorchester
Sold Jan 19, 2023
$269,000
$264,127 by First Home Mortgage Corporatio
Mortgage Due Jan 01, 2053
Sold Jul 22, 2020
$224,900
$220,825 by Towne Mortgage Co
Mortgage Due Aug 01, 2050
Local assessors in Secretary, MD have categorized 108 Academy Street as a residential type of property. The home was built in 1910 and is 114 years old. The property's lot size has been calculated to be 11,020 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 108 Academy Street has a total of 1,022 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is good. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C+. The building has a roof that is made of composition shingle. Lots of unknown were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a heat pump is the primary heating source and it is being fueled with electricity. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 108 Academy Street was last sold in Dec 20, 2022 for $269,000. According to our calculations, that's $156.76 per sqft. Prior to that sales transaction, the property was sold for $224,900 in Jul 2, 2020. Current property owners are expected to pay $2,454 in taxes per year. The property on 108 Academy Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $176,867. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: C+
  • Building Style: Conventional
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 11,020
  • Total Building Area: 1,716
  • Gross Building Area: 1,716
  • Building Area: 1,716
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,022
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.253
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 11,020 SQ. FT. 108 ACADEMY STREET SECRETARY

Ownership

  • Current Owner : BURNS SHANE T
  • Current Owner 2: BURNS ABIGAIL J
  • Previous Owner : GABRIEL RICHARD A
  • Owner Before Previous Owner: RAMOS CARMEN M
  • Owner Before Previous Owner 2: RAMOS EPIFANO
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Dorchester County Public Schools
  • Census Tract: 970300

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 130 9 275
  • Account Number: 023164
  • District: 02
  • Parcel: 02-023164
  • Municipality: SECRETARY
  • Latitude: 38.6087
  • Longitude: -75.9488

    Address

  • Full Address: 108 Academy St
  • Address - House Number: 108
  • Address - Street Name: Academy
  • Address - Suffix Type: St
  • State: MD
  • City Name: Secretary
  • Zip Code: 21664

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,454
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.1368
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 72
  • Final Value: 275,237
  • High Value: 312,899
  • Low Value: 237,574

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $264,127
  • First Open Lien Mortgage Lender: FIRST HOME MORTGAGE CORPORATIO
  • First Open Lien Mortgage Recording Date: Jan 19, 2023
  • First Open Lien Mortgage Loan Amount: $264,127
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2053

    Market Valuation

  • Market Total Value: $233,300
  • Market Land Value: $31,700
  • Market Improvement Value: $201,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $176,867

    Sales

  • Current Sale Contract Date: Dec 20, 2022
  • Current Sale Recording Date: Jan 19, 2023
  • Current Sale Transaction ID: 11901467195
  • Current Sale Price: $269,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Jul 22, 2020
  • Previous Sale Contract Date: Jul 02, 2020
  • Previous Sale Amount: $224,900
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST HOME MORTGAGE CORPORATIO
  • First Mortgage Transaction Date: Jan 19, 2023
  • First Mortgage Loan Amount: $264,127
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: TOWNE MORTGAGE CO
  • Previous Mortgage Transaction Date: Jul 22, 2020
  • Previous Mortgage Loan Amount: $220,825
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Aug 01, 2050

About Secretary



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 108 Academy Street located in?
The 108 Academy Street is a located in the neighborhood of Dorchester in Secretary, Secretary.
What is the average sales price for listings in 108 Academy Street?
The average sales price for units in 108 Academy Street is $0 currently.

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