201 North Main Street

201 North Main Street has been categorized by the local assessors in Federalsburg, MD as a residential type of property. The building on the property was first built in 1896 and is 128 years old. The building has a total of 2 stories. In addition, 201 North Main Street has 1,140 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,700 ft and across the front of the lot is 630 ft. The area measurement of the land has been determined as 10,700 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying a open porch. Moving on to the building itself. The condition of the building has been evaluated as good. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable style roof made of metal. In terms of heating, it is utilizing a space/suspended heating system and being fueled with electricity. The building on the property is connected to a sewer system. Prior to that sales transaction, the property was also sold in Oct 14, 1976 for $18,500. 201 North Main Street was last assessed in 2023. The total value of the property was assessed at $112,100. Specifically, the land the property is located on was valued at $25,700. While improvements on the property were assessed at a total of $86,400. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $2,121. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.