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107-125 Davis Lane, Federalsburg, MD 21632
$285,000
107-125 Davis Lane, Federalsburg, MD 21632View this property at 107-125 Davis Lane, Federalsburg, MD 21632
107-125 Davis LaneFederalsburgMD21632
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Property Description
REDUCED Income producer - acreage with straight on water views of the Marshyhope River. Currently serviced by town water and sewer with potential available for redevelopment. Currently generating income from 12 single family homes. (9 currently rented) The houses have a stable rental history. Homes are in fair to good condition -most registered and lead painted. Most have new windows. Electric baseboard heat. There is a laundry house that generates additional income. Barn and large outbuilding for storage or additional income. Federalsburg is a centrally located and growing community.
Full Property Details
Full Property Details for 107-125 Davis Ln
General
- Sold For: $285,000
- Taxes: (2022)
- Status: Closed
- Type: Commercial
- MLS ID: MDCM2002506
- Added to Site: 541 day(s) ago
Business
- Business Type: Other
Parking
- Parking Type: Driveway
Location
- Municipality: Federalsburg
- County: Caroline
- Development Name: Federalsburg
- Subdivision: Federalsburg
- Driving Directions: Use GPS
- City Limits: Yes
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard - Electric
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Frame
- Stories/Levels: 0
- Year Built: 1900
- Year Built Source: Estimated
Unit Information
- # Tenants: Multiple
Lot Features
- Property View: Water
- Lot Size (Acres): 6.84
- Lot Size (Sq. Ft.): 297,950
- Lot Size Source: Estimated
- Lot Features: Trees/Wooded, Cleared
- Zoning: R2
- Lot Description: Trees/Wooded, Cleared
Water Features
- Water View: Yes
- Water Front Type: Creek
- Water Front Name: Marshyhope Creek
Financial Considerations
- Assessment Year: 2022
- Tax w/Assessment: $525,400
- Tax Year: 2022
- Owner Pays: Taxes - Real Estate, Insurance
- Landlord Pays: Taxes - Real Estate, Insurance
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3%
- Ownership: Fee Simple
- Exclusions: appliances in rental units belong to the tenants
- Investment: Yes
Listed and Sold by Powell REALTORS, Valerie P Brown
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Schools
Schools serving 107-125 Davis Ln
School District:Caroline County Public Schools, Denton, MD
Rating | Name | Grades | Distance |
---|---|---|---|
302 S University Ave, Federalsburg, MD 21632 | PK-5 | 0.6 mi | |
25390 Richardson Rd, Federalsburg, MD 21632 | 6-8 | 5.1 mi | |
25320 Richardson Rd, Federalsburg, MD 21632 | 9-12 | 5.2 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 107-125 Davis Ln
Date
Details
Price
Change
Source
3/06/2024
Sold
$285,000
-9.52%
MLS
12/04/2023
Price Reduced
$315,000
-21.23%
MLS
10/09/2023
Price Reduced
$399,900
-13.05%
MLS
7/24/2023
Price Reduced
$459,900
-9.81%
MLS
6/22/2023
Price Reduced
$509,900
-3.77%
MLS
6/02/2023
Price Reduced
$529,900
-40.79%
MLS
12/09/2022
Listed
$895,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
107-125 Davis Lane, Federalsburg, MD 21632 (MLS# MDCM2002506) is a Commercial property that was sold at $285,000 on March 06, 2024. Want to learn more about 107-125 Davis Lane? Do you have questions about finding other Commercial real estate for sale in Federalsburg? You can browse all Federalsburg real estate or contact a Coldwell Banker agent to request more information.