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307 Morris Avenue

307 Morris Avenue, Federalsburg, MD 21632
Property in Caroline
Sold Aug 05, 2015
$83,000
$81,476 by Quicken Loans Inc
Mortgage Due Aug 01, 2045
307 Morris Avenue in Federalsburg, MD was first built in 1949 and is 75 years old. This has been categorized as a residential property type. There are a total of 2 floors. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 307 Morris Avenue has 1,264 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 600 ft and the linear feet between the front and back of the lot is 1,620. In total, the area measurement of the land is 9,720 square feet.

Learn more about the property and building on this page. The roof of the home is made of composition shingle. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a carport. There are a total of 2 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as good. The exterior walls of the home are made of unknown. As for heating, the home is utilizing baseboard heaters. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 307 Morris Avenue sold most recently in Jul 23, 2015 for a total of $83,000. If you work out the math, that's approximately a cost of $65.66 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,461 in taxes each year. 307 Morris Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $77,200. If we break it down further, the land itself was valued at $16,800. Improvements to the property, however, were assessed at a total of $60,400. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Good
  • Building Quality: B
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,720
  • Lot Size Depth Feet: 1,620
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,264
  • Gross Building Area: 1,264
  • Building Area: 1,264
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Baseboard
  • Heated Square Feet: 1,264
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: MORRIS EXT WEST FEDERALSBURG
  • Land Acres: 0.223
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 60X162-9,720 SF 307 MORRIS AVE FEDERALSBURG

Ownership

  • Current Owner : CHANESKI DANIEL L
  • Previous Owner : BENNETT RAYMOND G
  • Previous Owner 2: BENNETT MICHAEL L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Caroline County Public Schools
  • Census Tract: 955600

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 201 29 224
  • Account Number: 001382
  • District: 05
  • Parcel: 05-001382
  • Municipality: FEDERALSBURG
  • Latitude: 38.6945
  • Longitude: -75.7796

    Address

  • Full Address: 307 Morris Ave
  • Address - House Number: 307
  • Address - Street Name: Morris
  • Address - Suffix Type: Ave
  • State: MD
  • City Name: Federalsburg
  • Carrier Code: C002
  • 4-Digit Zip Code: 1024
  • Zip Code: 21632

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,461
  • Tax Rate Code Area: 020

    Appraisal Valuation

  • Standard Deviation: 0.1487
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 70
  • Final Value: 103,656
  • High Value: 119,078
  • Low Value: 88,233

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $81,476
  • First Open Lien Mortgage Lender: QUICKEN LOANS INC
  • First Open Lien Mortgage Recording Date: Aug 05, 2015
  • First Open Lien Mortgage Loan Amount: $81,476
  • 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: Aug 01, 2045

    Market Valuation

  • Market Total Value: $77,200
  • Market Land Value: $16,800
  • Market Improvement Value: $60,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $77,200
  • Assessed Land Value: $16,800
  • Assessed Improvements Value: $60,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 23, 2015
  • Current Sale Recording Date: Aug 05, 2015
  • Current Sale Transaction ID: 1416579225
  • Current Sale Price: $83,000
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS INC
  • First Mortgage Transaction Date: Aug 05, 2015
  • First Mortgage Loan Amount: $81,476
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2045

About Federalsburg



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Frequently Asked Questions

What neighborhood is 307 Morris Avenue located in?
The 307 Morris Avenue is a located in the neighborhood of Caroline in Federalsburg, Federalsburg.
What is the average sales price for listings in 307 Morris Avenue?
The average sales price for units in 307 Morris Avenue is $0 currently.

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