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614 Otsego Street

614 Otsego Street, Perryville, MD 21903
House in Cecil
Sold Jan 15, 2021
$240,000
$235,653 by Meridian Bank
Mortgage Due Dec 01, 2050
Sold Jul 13, 2005
$215,000
614 Otsego Street has been categorized by the local assessors in Perryville, MD as a residential type of property. The building on the property was first built in 1907 and is 117 years old. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 3 stories. In addition, 614 Otsego Street has 1,884 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 7,500 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 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 radiant heating system. The building on the property is connected to a sewer system. 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, 614 Otsego Street sold most recently in Nov 20, 2020 for a total of $240,000. If you work out the math, that's approximately a cost of $127.39 per sqft. Before that, the property was also sold for $215,000 in Jan 1, 1970. 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 $2,350 in taxes each year. 614 Otsego Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $207,800. If we break it down further, the land itself was valued at $52,700. Improvements to the property, however, were assessed at a total of $155,100. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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.

Building Features

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1907
  • Effective Year Built: 1907
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: B
  • Roof Cover Type: Composition shingle
  • Floor Count: 3
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 7,500
  • Total Building Area: 1,884
  • Gross Building Area: 1,884
  • Building Area: 1,884
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Radiant
  • Heated Square Feet: 1,884
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential
  • Legal Description 1: .172 ACRE 614 OTSEGO STREET PERRYVILLE

Ownership

  • Current Owner : SCHWARTZ MICHAEL S
  • Previous Owner : WILLIAMS MICHAEL S
  • Previous Owner 2: WILLIAMS KIMBERLY N
  • Owner Before Previous Owner: VAUGHT LUTHER S ILENE D
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Cecil County Public Schools
  • Census Tract: 031202

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: 34E 10 311
  • Account Number: 021569
  • District: 07
  • Parcel: 07-021569
  • Municipality: PERRYVILLE
  • Latitude: 39.5613
  • Longitude: -76.0727

    Address

  • Full Address: 614 Otsego St
  • Address - House Number: 614
  • Address - Street Name: Otsego
  • Address - Suffix Type: St
  • State: MD
  • City Name: Perryville
  • Carrier Code: R777
  • 4-Digit Zip Code: 2763
  • Zip Code: 21903

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,350
  • Tax Rate Code Area: 080

    Appraisal Valuation

  • Standard Deviation: 0.2158
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 70
  • Final Value: 307,460
  • High Value: 373,818
  • Low Value: 241,101

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $235,653
  • First Open Lien Mortgage Lender: MERIDIAN BANK
  • First Open Lien Mortgage Recording Date: Jan 15, 2021
  • First Open Lien Mortgage Loan Amount: $235,653
  • 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: Dec 01, 2050

    Market Valuation

  • Market Total Value: $207,800
  • Market Land Value: $52,700
  • Market Improvement Value: $155,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $207,800
  • Assessed Land Value: $52,700
  • Assessed Improvements Value: $155,100

    Sales

  • Current Sale Contract Date: Nov 20, 2020
  • Current Sale Recording Date: Jan 15, 2021
  • Current Sale Transaction ID: 11820189813
  • Current Sale Price: $240,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Jul 13, 2005
  • Previous Sale Amount: $215,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MERIDIAN BANK
  • First Mortgage Transaction Date: Jan 15, 2021
  • First Mortgage Loan Amount: $235,653
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Dec 01, 2050

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Frequently Asked Questions

What neighborhood is 614 Otsego Street located in?
The 614 Otsego Street is a house located in the neighborhood of Cecil in Perryville, Perryville.
What is the average sales price for listings in 614 Otsego Street?
The average sales price for units in 614 Otsego Street is $0 currently.

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