313 Morris Avenue

313 Morris Avenue 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 1949 and is 75 years old. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 313 Morris Avenue has 977 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 1,620 ft and across the front of the lot is 600 ft. The area measurement of the land has been determined as 9,720 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. For the features and amenities located on the property. There is a carport for those who require parking. According to our sources, there is one available parking space. 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 average. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The roof of the building is made of composition shingle. The exterior walls of the building are made of unknown. In terms of heating, it is utilizing a space/suspended heating system. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. The property was last sold in Aug 3, 1987 for $42,500. That's $43.50 per sqft. 313 Morris Avenue was last assessed in 2023. The total value of the property was assessed at $103,900. Specifically, the land the property is located on was valued at $16,800. While improvements on the property were assessed at a total of $87,100. 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 $1,966. 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.